Lightwave Logic Stock Market Value
| LWLG Stock | USD 2.82 0.16 5.37% |
| Symbol | Lightwave |
Lightwave Logic Price To Book Ratio
Is Specialty Chemicals 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 Lightwave Logic. If investors know Lightwave 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 Lightwave Logic listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.18) | Revenue Per Share 0.001 | Return On Assets (0.37) | Return On Equity (0.64) |
The market value of Lightwave Logic is measured differently than its book value, which is the value of Lightwave that is recorded on the company's balance sheet. Investors also form their own opinion of Lightwave Logic's value that differs from its market value or its book value, called intrinsic value, which is Lightwave Logic's 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 Lightwave Logic's market value can be influenced by many factors that don't directly affect Lightwave Logic's 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 Lightwave Logic's value and its price as these two are different measures arrived at by different means. Investors typically determine if Lightwave Logic is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Lightwave Logic's 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.
Lightwave Logic '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 Lightwave Logic's 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 Lightwave Logic.
| 12/07/2022 |
| 11/26/2024 |
If you would invest 0.00 in Lightwave Logic on December 7, 2022 and sell it all today you would earn a total of 0.00 from holding Lightwave Logic or generate 0.0% return on investment in Lightwave Logic over 720 days. Lightwave Logic is related to or competes with H B, Element Solutions, Innospec, Cabot, Minerals Technologies, Orion Engineered, and Ingevity Corp. Lightwave Logic, Inc., a development stage company, focuses on the development of photonic devices and non-linear optica... More
Lightwave Logic 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 Lightwave Logic's 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 Lightwave Logic upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 5.76 | |||
| Information Ratio | 0.0331 | |||
| Maximum Drawdown | 37.07 | |||
| Value At Risk | (6.53) | |||
| Potential Upside | 7.84 |
Lightwave Logic Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Lightwave Logic's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Lightwave Logic's standard deviation. In reality, there are many statistical measures that can use Lightwave Logic historical prices to predict the future Lightwave Logic's volatility.| Risk Adjusted Performance | 0.0522 | |||
| Jensen Alpha | (0.05) | |||
| Total Risk Alpha | (0.56) | |||
| Sortino Ratio | 0.0316 | |||
| Treynor Ratio | 0.1027 |
Lightwave Logic Backtested Returns
At this point, Lightwave Logic is very risky. Lightwave Logic has Sharpe Ratio of 0.025, which conveys that the firm had a 0.025% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Lightwave Logic, which you can use to evaluate the volatility of the firm. Please verify Lightwave Logic's Risk Adjusted Performance of 0.0522, mean deviation of 3.86, and Downside Deviation of 5.76 to check out if the risk estimate we provide is consistent with the expected return of 0.14%. Lightwave Logic has a performance score of 1 on a scale of 0 to 100. The company secures a Beta (Market Risk) of 2.95, which conveys a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Lightwave Logic will likely underperform. Lightwave Logic right now secures a risk of 5.58%. Please verify Lightwave Logic jensen alpha, semi variance, day typical price, as well as the relationship between the maximum drawdown and accumulation distribution , to decide if Lightwave Logic will be following its current price movements.
Auto-correlation | -0.17 |
Insignificant reverse predictability
Lightwave Logic has insignificant reverse predictability. Overlapping area represents the amount of predictability between Lightwave Logic time series from 7th of December 2022 to 2nd of December 2023 and 2nd of December 2023 to 26th of November 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 Lightwave Logic price movement. The serial correlation of -0.17 indicates that over 17.0% of current Lightwave Logic price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.17 | |
| Spearman Rank Test | 0.17 | |
| Residual Average | 0.0 | |
| Price Variance | 0.59 |
Lightwave Logic lagged returns against current returns
Autocorrelation, which is Lightwave Logic 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 Lightwave Logic's stock expected returns. We can calculate the autocorrelation of Lightwave Logic returns to help us make a trade decision. For example, suppose you find that Lightwave Logic 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 |
Lightwave Logic 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 Lightwave Logic stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Lightwave Logic stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Lightwave Logic stock over time.
Current vs Lagged Prices |
| Timeline |
Lightwave Logic Lagged Returns
When evaluating Lightwave Logic's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Lightwave Logic stock have on its future price. Lightwave Logic 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, Lightwave Logic autocorrelation shows the relationship between Lightwave Logic stock current value and its past values and can show if there is a momentum factor associated with investing in Lightwave Logic.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
When determining whether Lightwave Logic is a strong investment it is important to analyze Lightwave Logic's 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 Lightwave Logic's future performance. For an informed investment choice regarding Lightwave Stock, refer to the following important reports:Check out Lightwave Logic Correlation, Lightwave Logic Volatility and Lightwave Logic Alpha and Beta module to complement your research on Lightwave Logic. For more detail on how to invest in Lightwave Stock please use our How to Invest in Lightwave Logic guide.You can also try the Money Managers module to screen money managers from public funds and ETFs managed around the world.
Lightwave Logic 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.