Waves Singer (Pakistan) Market Value
| WAVES Stock | 13.09 0.31 2.31% |
| Symbol | Waves |
Please note, there is a significant difference between Waves Singer's value and its price as these two are different measures arrived at by different means. Investors typically determine if Waves Singer is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Waves Singer'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.
Waves Singer '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 Waves Singer'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 Waves Singer.
| 11/29/2025 |
| 12/29/2025 |
If you would invest 0.00 in Waves Singer on November 29, 2025 and sell it all today you would earn a total of 0.00 from holding Waves Singer Pakistan or generate 0.0% return on investment in Waves Singer over 30 days. Waves Singer is related to or competes with Habib Bank, National Bank, United Bank, MCB Bank, Allied Bank, Meezan Bank, and Bank Al. More
Waves Singer 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 Waves Singer'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 Waves Singer Pakistan upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.55 | |||
| Information Ratio | 0.0359 | |||
| Maximum Drawdown | 17.77 | |||
| Value At Risk | (4.96) | |||
| Potential Upside | 8.41 |
Waves Singer Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Waves Singer's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Waves Singer's standard deviation. In reality, there are many statistical measures that can use Waves Singer historical prices to predict the future Waves Singer's volatility.| Risk Adjusted Performance | 0.0512 | |||
| Jensen Alpha | 0.2429 | |||
| Total Risk Alpha | (0.16) | |||
| Sortino Ratio | 0.0465 | |||
| Treynor Ratio | (0.30) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Waves Singer'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.
Waves Singer Pakistan Backtested Returns
Waves Singer appears to be somewhat reliable, given 3 months investment horizon. Waves Singer Pakistan shows Sharpe Ratio of 0.0591, which attests that the company had a 0.0591 % return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Waves Singer Pakistan, which you can use to evaluate the volatility of the company. Please utilize Waves Singer's Market Risk Adjusted Performance of (0.29), mean deviation of 2.27, and Downside Deviation of 2.55 to validate if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Waves Singer holds a performance score of 4. The firm maintains a market beta of -0.65, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Waves Singer are expected to decrease at a much lower rate. During the bear market, Waves Singer is likely to outperform the market. Please check Waves Singer's semi variance, as well as the relationship between the daily balance of power and period momentum indicator , to make a quick decision on whether Waves Singer's historical returns will revert.
Auto-correlation | -0.74 |
Almost perfect reverse predictability
Waves Singer Pakistan has almost perfect reverse predictability. Overlapping area represents the amount of predictability between Waves Singer time series from 29th of November 2025 to 14th of December 2025 and 14th of December 2025 to 29th 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 Waves Singer Pakistan price movement. The serial correlation of -0.74 indicates that around 74.0% of current Waves Singer price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.74 | |
| Spearman Rank Test | -0.44 | |
| Residual Average | 0.0 | |
| Price Variance | 0.05 |
Waves Singer Pakistan lagged returns against current returns
Autocorrelation, which is Waves Singer 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 Waves Singer's stock expected returns. We can calculate the autocorrelation of Waves Singer returns to help us make a trade decision. For example, suppose you find that Waves Singer 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 |
Waves Singer 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 Waves Singer stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Waves Singer stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Waves Singer stock over time.
Current vs Lagged Prices |
| Timeline |
Waves Singer Lagged Returns
When evaluating Waves Singer's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Waves Singer stock have on its future price. Waves Singer 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, Waves Singer autocorrelation shows the relationship between Waves Singer stock current value and its past values and can show if there is a momentum factor associated with investing in Waves Singer Pakistan.
Regressed Prices |
| Timeline |
Pair Trading with Waves Singer
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Waves Singer position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Waves Singer will appreciate offsetting losses from the drop in the long position's value.Moving against Waves Stock
The ability to find closely correlated positions to Waves Singer could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Waves Singer when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Waves Singer - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Waves Singer Pakistan to buy it.
The correlation of Waves Singer is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Waves Singer moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Waves Singer Pakistan moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Waves Singer can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Other Information on Investing in Waves Stock
Waves Singer financial ratios help investors to determine whether Waves Stock 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 Waves with respect to the benefits of owning Waves Singer security.