Western Acquisition Ventures Stock Market Value
| WAVS Stock | USD 11.14 0.09 0.81% |
| Symbol | Western |
Western Acquisition Price To Book Ratio
Is Asset Management & Custody Banks 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 Western Acquisition. If investors know Western 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 Western 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 (0.22) | Return On Assets (0.15) | Return On Equity (0.29) |
The market value of Western Acquisition is measured differently than its book value, which is the value of Western that is recorded on the company's balance sheet. Investors also form their own opinion of Western Acquisition's value that differs from its market value or its book value, called intrinsic value, which is Western 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 Western Acquisition's market value can be influenced by many factors that don't directly affect Western 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 Western Acquisition's value and its price as these two are different measures arrived at by different means. Investors typically determine if Western Acquisition is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Western 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.
Western 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 Western 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 Western Acquisition.
| 10/23/2024 |
| 11/22/2024 |
If you would invest 0.00 in Western Acquisition on October 23, 2024 and sell it all today you would earn a total of 0.00 from holding Western Acquisition Ventures or generate 0.0% return on investment in Western Acquisition over 30 days. Western Acquisition is related to or competes with Distoken Acquisition, Voyager Acquisition, DMY Squared, YHN Acquisition, YHN Acquisition, Vine Hill, and DP Cap. Western Acquisition Ventures Corp. does not have significant operations More
Western 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 Western 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 Western Acquisition Ventures upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.88 | |||
| Information Ratio | (0.01) | |||
| Maximum Drawdown | 12.07 | |||
| Value At Risk | (3.25) | |||
| Potential Upside | 3.35 |
Western Acquisition Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Western Acquisition's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Western Acquisition's standard deviation. In reality, there are many statistical measures that can use Western Acquisition historical prices to predict the future Western Acquisition's volatility.| Risk Adjusted Performance | 0.0381 | |||
| Jensen Alpha | 0.1055 | |||
| Total Risk Alpha | (0.18) | |||
| Sortino Ratio | (0.01) | |||
| Treynor Ratio | (0.21) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Western Acquisition'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.
Western Acquisition Backtested Returns
Currently, Western Acquisition Ventures is not too volatile. Western Acquisition shows Sharpe Ratio of 0.0479, which attests that the company had a 0.0479% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Western Acquisition, which you can use to evaluate the volatility of the company. Please check out Western Acquisition's Downside Deviation of 2.88, mean deviation of 1.07, and Market Risk Adjusted Performance of (0.20) to validate if the risk estimate we provide is consistent with the expected return of 0.0945%. Western Acquisition has a performance score of 3 on a scale of 0 to 100. The firm maintains a market beta of -0.34, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Western Acquisition are expected to decrease at a much lower rate. During the bear market, Western Acquisition is likely to outperform the market. Western Acquisition right now maintains a risk of 1.97%. Please check out Western Acquisition sortino ratio, semi variance, as well as the relationship between the Semi Variance and rate of daily change , to decide if Western Acquisition will be following its historical returns.
Auto-correlation | -0.45 |
Modest reverse predictability
Western Acquisition Ventures has modest reverse predictability. Overlapping area represents the amount of predictability between Western Acquisition time series from 23rd of October 2024 to 7th of November 2024 and 7th of November 2024 to 22nd 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 Western Acquisition price movement. The serial correlation of -0.45 indicates that just about 45.0% of current Western Acquisition price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.45 | |
| Spearman Rank Test | -0.76 | |
| Residual Average | 0.0 | |
| Price Variance | 0.02 |
Western Acquisition lagged returns against current returns
Autocorrelation, which is Western 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 Western Acquisition's stock expected returns. We can calculate the autocorrelation of Western Acquisition returns to help us make a trade decision. For example, suppose you find that Western 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 |
| Timeline |
Western 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 Western Acquisition stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Western Acquisition stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Western Acquisition stock over time.
Current vs Lagged Prices |
| Timeline |
Western Acquisition Lagged Returns
When evaluating Western Acquisition's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Western Acquisition stock have on its future price. Western 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, Western Acquisition autocorrelation shows the relationship between Western Acquisition stock current value and its past values and can show if there is a momentum factor associated with investing in Western Acquisition Ventures.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Additional Tools for Western Stock Analysis
When running Western Acquisition's price analysis, check to measure Western Acquisition'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 Western Acquisition is operating at the current time. Most of Western Acquisition's value examination focuses on studying past and present price action to predict the probability of Western Acquisition's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Western Acquisition's price. Additionally, you may evaluate how the addition of Western Acquisition to your portfolios can decrease your overall portfolio volatility.