Shapeways Holdings, Common Stock Market Value
| SHPW Stock | USD 0.0001 0.00 0.00% |
| Symbol | Shapeways |
Shapeways Holdings, '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 Shapeways Holdings,'s otc 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 Shapeways Holdings,.
| 03/18/2023 |
| 03/07/2025 |
If you would invest 0.00 in Shapeways Holdings, on March 18, 2023 and sell it all today you would earn a total of 0.00 from holding Shapeways Holdings, Common or generate 0.0% return on investment in Shapeways Holdings, over 720 days. Shapeways Holdings, is related to or competes with Gates Industrial, Crane, Babcock Wilcox, JE Cleantech, Greenland Acquisition, Laser Photonics, and Siemens AG. Shapeways Holdings, Inc. facilitates the design, manufacture, and sale of 3D printed products in the United States, Euro... More
Shapeways Holdings, 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 Shapeways Holdings,'s otc 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 Shapeways Holdings, Common upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.12) | |||
| Maximum Drawdown | 50.0 |
Shapeways Holdings, Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Shapeways Holdings,'s investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Shapeways Holdings,'s standard deviation. In reality, there are many statistical measures that can use Shapeways Holdings, historical prices to predict the future Shapeways Holdings,'s volatility.| Risk Adjusted Performance | (0.09) | |||
| Jensen Alpha | (0.74) | |||
| Total Risk Alpha | (0.13) | |||
| Treynor Ratio | (0.66) |
Shapeways Holdings, Backtested Returns
Shapeways Holdings, owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.13, which indicates the firm had a -0.13 % return per unit of risk over the last 3 months. Shapeways Holdings, Common exposes sixteen different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Shapeways Holdings,'s Variance of 42.37, risk adjusted performance of (0.09), and Coefficient Of Variation of (768.11) to confirm the risk estimate we provide. The entity has a beta of 1.29, which indicates 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, Shapeways Holdings, will likely underperform. At this point, Shapeways Holdings, has a negative expected return of -0.85%. Please make sure to validate Shapeways Holdings,'s mean deviation and maximum drawdown , to decide if Shapeways Holdings, performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.08 |
Virtually no predictability
Shapeways Holdings, Common has virtually no predictability. Overlapping area represents the amount of predictability between Shapeways Holdings, time series from 18th of March 2023 to 12th of March 2024 and 12th of March 2024 to 7th of March 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 Shapeways Holdings, price movement. The serial correlation of 0.08 indicates that barely 8.0% of current Shapeways Holdings, price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.08 | |
| Spearman Rank Test | 0.28 | |
| Residual Average | 0.0 | |
| Price Variance | 0.46 |
Shapeways Holdings, lagged returns against current returns
Autocorrelation, which is Shapeways Holdings, otc 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 Shapeways Holdings,'s otc stock expected returns. We can calculate the autocorrelation of Shapeways Holdings, returns to help us make a trade decision. For example, suppose you find that Shapeways Holdings, has exhibited high autocorrelation historically, and you observe that the otc 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 |
Shapeways Holdings, 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 Shapeways Holdings, otc stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Shapeways Holdings, otc stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Shapeways Holdings, otc stock over time.
Current vs Lagged Prices |
| Timeline |
Shapeways Holdings, Lagged Returns
When evaluating Shapeways Holdings,'s market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Shapeways Holdings, otc stock have on its future price. Shapeways Holdings, 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, Shapeways Holdings, autocorrelation shows the relationship between Shapeways Holdings, otc stock current value and its past values and can show if there is a momentum factor associated with investing in Shapeways Holdings, Common.
Regressed Prices |
| Timeline |
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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.Additional Tools for Shapeways OTC Stock Analysis
When running Shapeways Holdings,'s price analysis, check to measure Shapeways Holdings,'s market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Shapeways Holdings, is operating at the current time. Most of Shapeways Holdings,'s value examination focuses on studying past and present price action to predict the probability of Shapeways Holdings,'s future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Shapeways Holdings,'s price. Additionally, you may evaluate how the addition of Shapeways Holdings, to your portfolios can decrease your overall portfolio volatility.