Rewalk Robotics Stock Market Value
| LFWD Stock | 1.50 0.11 6.83% |
| Symbol | ReWalk |
ReWalk Robotics Price To Book Ratio
Is Health Care Equipment & Supplies space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of ReWalk Robotics. If investors know ReWalk will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about ReWalk Robotics listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (2.23) | Revenue Per Share 2.713 | Quarterly Revenue Growth 4.016 | Return On Assets (0.24) | Return On Equity (0.50) |
The market value of ReWalk Robotics is measured differently than its book value, which is the value of ReWalk that is recorded on the company's balance sheet. Investors also form their own opinion of ReWalk Robotics' value that differs from its market value or its book value, called intrinsic value, which is ReWalk Robotics' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because ReWalk Robotics' market value can be influenced by many factors that don't directly affect ReWalk Robotics' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between ReWalk Robotics' value and its price as these two are different measures arrived at by different means. Investors typically determine if ReWalk Robotics is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ReWalk Robotics' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
ReWalk Robotics 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to ReWalk Robotics' stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of ReWalk Robotics.
| 12/29/2022 |
| 12/18/2024 |
If you would invest 0.00 in ReWalk Robotics on December 29, 2022 and sell it all today you would earn a total of 0.00 from holding ReWalk Robotics or generate 0.0% return on investment in ReWalk Robotics over 720 days. ReWalk Robotics is related to or competes with Avita Medical, Inogen, and Apyx Medical. ReWalk Robotics is entity of United States More
ReWalk Robotics Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure ReWalk Robotics' stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess ReWalk Robotics upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.25) | |||
| Maximum Drawdown | 24.05 | |||
| Value At Risk | (7.22) | |||
| Potential Upside | 5.93 |
ReWalk Robotics Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for ReWalk Robotics' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as ReWalk Robotics' standard deviation. In reality, there are many statistical measures that can use ReWalk Robotics historical prices to predict the future ReWalk Robotics' volatility.| Risk Adjusted Performance | (0.16) | |||
| Jensen Alpha | (0.97) | |||
| Total Risk Alpha | (1.28) | |||
| Treynor Ratio | (3.55) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of ReWalk Robotics' price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
ReWalk Robotics Backtested Returns
ReWalk Robotics maintains Sharpe Ratio (i.e., Efficiency) of -0.25, which implies the firm had a -0.25% return per unit of standard deviation over the last 3 months. ReWalk Robotics exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check ReWalk Robotics' Market Risk Adjusted Performance of (3.54), coefficient of variation of (437.31), and Risk Adjusted Performance of (0.16) to confirm the risk estimate we provide. The company holds a Beta of 0.27, which implies not very significant fluctuations relative to the market. As returns on the market increase, ReWalk Robotics' returns are expected to increase less than the market. However, during the bear market, the loss of holding ReWalk Robotics is expected to be smaller as well. At this point, ReWalk Robotics has a negative expected return of -1.08%. Please make sure to check ReWalk Robotics' maximum drawdown, accumulation distribution, as well as the relationship between the Accumulation Distribution and day typical price , to decide if ReWalk Robotics performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.30 |
Below average predictability
ReWalk Robotics has below average predictability. Overlapping area represents the amount of predictability between ReWalk Robotics time series from 29th of December 2022 to 24th of December 2023 and 24th of December 2023 to 18th of December 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of ReWalk Robotics price movement. The serial correlation of 0.3 indicates that nearly 30.0% of current ReWalk Robotics price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.3 | |
| Spearman Rank Test | 0.16 | |
| Residual Average | 0.0 | |
| Price Variance | 2.5 |
ReWalk Robotics lagged returns against current returns
Autocorrelation, which is ReWalk Robotics stock's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting ReWalk Robotics' stock expected returns. We can calculate the autocorrelation of ReWalk Robotics returns to help us make a trade decision. For example, suppose you find that ReWalk Robotics has exhibited high autocorrelation historically, and you observe that the stock is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
ReWalk Robotics regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If ReWalk Robotics stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if ReWalk Robotics stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in ReWalk Robotics stock over time.
Current vs Lagged Prices |
| Timeline |
ReWalk Robotics Lagged Returns
When evaluating ReWalk Robotics' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of ReWalk Robotics stock have on its future price. ReWalk Robotics autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, ReWalk Robotics autocorrelation shows the relationship between ReWalk Robotics stock current value and its past values and can show if there is a momentum factor associated with investing in ReWalk Robotics.
Regressed Prices |
| Timeline |
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether ReWalk Robotics is a strong investment it is important to analyze ReWalk Robotics' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact ReWalk Robotics' future performance. For an informed investment choice regarding ReWalk Stock, refer to the following important reports:Check out ReWalk Robotics Correlation, ReWalk Robotics Volatility and ReWalk Robotics Alpha and Beta module to complement your research on ReWalk Robotics. For information on how to trade ReWalk Stock refer to our How to Trade ReWalk Stock guide.You can also try the Portfolio Suggestion module to get suggestions outside of your existing asset allocation including your own model portfolios.
ReWalk Robotics technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.