Enwave Stock Market Value
| NWVCF Stock | USD 0.28 0.01 3.45% |
| Symbol | EnWave |
EnWave '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 EnWave's pink sheet 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 EnWave.
| 06/28/2025 |
| 12/25/2025 |
If you would invest 0.00 in EnWave on June 28, 2025 and sell it all today you would earn a total of 0.00 from holding EnWave or generate 0.0% return on investment in EnWave over 180 days. EnWave is related to or competes with Greenlane Renewables, Qualstar, and Vitreous Glass. EnWave Corporation designs, constructs, markets, licenses, installs, and sells vacuum-microwave machinery for the food, ... More
EnWave 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 EnWave's pink sheet 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 EnWave upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 5.37 | |||
| Information Ratio | 0.0034 | |||
| Maximum Drawdown | 21.46 | |||
| Value At Risk | (7.14) | |||
| Potential Upside | 4.17 |
EnWave Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for EnWave's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as EnWave's standard deviation. In reality, there are many statistical measures that can use EnWave historical prices to predict the future EnWave's volatility.| Risk Adjusted Performance | 0.0224 | |||
| Jensen Alpha | 0.0667 | |||
| Total Risk Alpha | (0.27) | |||
| Sortino Ratio | 0.0026 | |||
| Treynor Ratio | 0.7839 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of EnWave's 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.
EnWave Backtested Returns
At this point, EnWave is out of control. EnWave secures Sharpe Ratio (or Efficiency) of 0.0206, which denotes the company had a 0.0206 % return per unit of volatility over the last 3 months. We have found twenty-seven technical indicators for EnWave, which you can use to evaluate the volatility of the firm. Please confirm EnWave's Downside Deviation of 5.37, market risk adjusted performance of 0.7939, and Mean Deviation of 2.85 to check if the risk estimate we provide is consistent with the expected return of 0.086%. EnWave has a performance score of 1 on a scale of 0 to 100. The firm shows a Beta (market volatility) of 0.0919, which means not very significant fluctuations relative to the market. As returns on the market increase, EnWave's returns are expected to increase less than the market. However, during the bear market, the loss of holding EnWave is expected to be smaller as well. EnWave right now shows a risk of 4.18%. Please confirm EnWave potential upside, as well as the relationship between the skewness and day median price , to decide if EnWave will be following its price patterns.
Auto-correlation | -0.33 |
Poor reverse predictability
EnWave has poor reverse predictability. Overlapping area represents the amount of predictability between EnWave time series from 28th of June 2025 to 26th of September 2025 and 26th of September 2025 to 25th of December 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of EnWave price movement. The serial correlation of -0.33 indicates that nearly 33.0% of current EnWave price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.33 | |
| Spearman Rank Test | -0.23 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
EnWave lagged returns against current returns
Autocorrelation, which is EnWave pink sheet'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 EnWave's pink sheet expected returns. We can calculate the autocorrelation of EnWave returns to help us make a trade decision. For example, suppose you find that EnWave has exhibited high autocorrelation historically, and you observe that the pink sheet 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 |
EnWave 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 EnWave pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if EnWave pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in EnWave pink sheet over time.
Current vs Lagged Prices |
| Timeline |
EnWave Lagged Returns
When evaluating EnWave's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of EnWave pink sheet have on its future price. EnWave 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, EnWave autocorrelation shows the relationship between EnWave pink sheet current value and its past values and can show if there is a momentum factor associated with investing in EnWave.
Regressed Prices |
| Timeline |
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Other Information on Investing in EnWave Pink Sheet
EnWave financial ratios help investors to determine whether EnWave Pink Sheet is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in EnWave with respect to the benefits of owning EnWave security.