Waldencast Acquisition Corp Stock Market Value
| WALD Stock | USD 3.34 0.02 0.60% |
| Symbol | Waldencast |
Waldencast Acquisition Price To Book Ratio
Is Application Software 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 Waldencast Acquisition. If investors know Waldencast 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 Waldencast Acquisition listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.74) | Revenue Per Share 2.176 | Quarterly Revenue Growth 0.203 | Return On Assets (0.04) | Return On Equity (0.11) |
The market value of Waldencast Acquisition is measured differently than its book value, which is the value of Waldencast that is recorded on the company's balance sheet. Investors also form their own opinion of Waldencast Acquisition's value that differs from its market value or its book value, called intrinsic value, which is Waldencast Acquisition'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 Waldencast Acquisition's market value can be influenced by many factors that don't directly affect Waldencast Acquisition'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 Waldencast Acquisition's value and its price as these two are different measures arrived at by different means. Investors typically determine if Waldencast Acquisition is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Waldencast Acquisition'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.
Waldencast Acquisition '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 Waldencast Acquisition'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 Waldencast Acquisition.
| 10/26/2024 |
| 11/25/2024 |
If you would invest 0.00 in Waldencast Acquisition on October 26, 2024 and sell it all today you would earn a total of 0.00 from holding Waldencast Acquisition Corp or generate 0.0% return on investment in Waldencast Acquisition over 30 days. Waldencast Acquisition is related to or competes with Where Food, VTEX, Vertex, BASE, CurrentC Power, and Agent Information. Waldencast plc, a skincare company, develops, markets, and sells skin health products worldwide More
Waldencast Acquisition 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 Waldencast Acquisition'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 Waldencast Acquisition Corp upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 4.26 | |||
| Information Ratio | 0.021 | |||
| Maximum Drawdown | 23.26 | |||
| Value At Risk | (6.22) | |||
| Potential Upside | 7.52 |
Waldencast Acquisition Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Waldencast Acquisition's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Waldencast Acquisition's standard deviation. In reality, there are many statistical measures that can use Waldencast Acquisition historical prices to predict the future Waldencast Acquisition's volatility.| Risk Adjusted Performance | 0.0459 | |||
| Jensen Alpha | (0.08) | |||
| Total Risk Alpha | (0.52) | |||
| Sortino Ratio | 0.0231 | |||
| Treynor Ratio | 0.0878 |
Waldencast Acquisition Backtested Returns
Waldencast Acquisition appears to be moderately volatile, given 3 months investment horizon. Waldencast Acquisition shows Sharpe Ratio of 0.0685, which attests that the company had a 0.0685% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Waldencast Acquisition, which you can use to evaluate the volatility of the company. Please utilize Waldencast Acquisition's Market Risk Adjusted Performance of 0.0978, downside deviation of 4.26, and Mean Deviation of 3.55 to validate if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Waldencast Acquisition holds a performance score of 5. The firm maintains a market beta of 2.5, which attests to 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, Waldencast Acquisition will likely underperform. Please check Waldencast Acquisition's treynor ratio, kurtosis, relative strength index, as well as the relationship between the downside variance and day median price , to make a quick decision on whether Waldencast Acquisition's historical returns will revert.
Auto-correlation | 0.80 |
Very good predictability
Waldencast Acquisition Corp has very good predictability. Overlapping area represents the amount of predictability between Waldencast Acquisition time series from 26th of October 2024 to 10th of November 2024 and 10th of November 2024 to 25th 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 Waldencast Acquisition price movement. The serial correlation of 0.8 indicates that around 80.0% of current Waldencast Acquisition price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.8 | |
| Spearman Rank Test | 0.65 | |
| Residual Average | 0.0 | |
| Price Variance | 0.02 |
Waldencast Acquisition lagged returns against current returns
Autocorrelation, which is Waldencast Acquisition 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 Waldencast Acquisition's stock expected returns. We can calculate the autocorrelation of Waldencast Acquisition returns to help us make a trade decision. For example, suppose you find that Waldencast Acquisition 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 |
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Waldencast Acquisition 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 Waldencast Acquisition stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Waldencast Acquisition stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Waldencast Acquisition stock over time.
Current vs Lagged Prices |
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Waldencast Acquisition Lagged Returns
When evaluating Waldencast Acquisition's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Waldencast Acquisition stock have on its future price. Waldencast Acquisition 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, Waldencast Acquisition autocorrelation shows the relationship between Waldencast Acquisition stock current value and its past values and can show if there is a momentum factor associated with investing in Waldencast Acquisition Corp.
Regressed Prices |
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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 Waldencast Acquisition is a strong investment it is important to analyze Waldencast Acquisition'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 Waldencast Acquisition's future performance. For an informed investment choice regarding Waldencast Stock, refer to the following important reports:Check out Waldencast Acquisition Correlation, Waldencast Acquisition Volatility and Waldencast Acquisition Alpha and Beta module to complement your research on Waldencast Acquisition. You can also try the FinTech Suite module to use AI to screen and filter profitable investment opportunities.
Waldencast Acquisition 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.