Western Acquisition Ventures Market Value
| WAVSUDelisted Stock | USD 13.40 0.00 0.00% |
| Symbol | Western |
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 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 Western Acquisition.
| 01/03/2025 |
| 02/02/2025 |
If you would invest 0.00 in Western Acquisition on January 3, 2025 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 Portillos, Emerson Electric, Starbucks, CECO Environmental, Everus Construction, Griffon, and Topbuild Corp. 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 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 Western Acquisition Ventures upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | 0.0911 | |||
| Maximum Drawdown | 13.42 | |||
| Potential Upside | 2.74 |
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 | 0.1186 | |||
| Jensen Alpha | 0.2243 | |||
| Total Risk Alpha | 0.0853 | |||
| Treynor Ratio | 2.04 |
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
Western Acquisition appears to be not too volatile, given 3 months investment horizon. Western Acquisition shows Sharpe Ratio of 0.14, which attests that the company had a 0.14 % return per unit of risk over the last 3 months. We have found seventeen technical indicators for Western Acquisition, which you can use to evaluate the volatility of the company. Please utilize Western Acquisition's Mean Deviation of 0.7221, market risk adjusted performance of 2.05, and Standard Deviation of 1.79 to validate if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Western Acquisition holds a performance score of 11. The firm maintains a market beta of 0.11, which attests to not very significant fluctuations relative to the market. As returns on the market increase, Western Acquisition's returns are expected to increase less than the market. However, during the bear market, the loss of holding Western Acquisition is expected to be smaller as well. Please check Western Acquisition's market risk adjusted performance, jensen alpha, as well as the relationship between the Jensen Alpha and day median price , to make a quick decision on whether Western Acquisition's historical returns will revert.
Auto-correlation | 0.86 |
Very good predictability
Western Acquisition Ventures has very good predictability. Overlapping area represents the amount of predictability between Western Acquisition time series from 3rd of January 2025 to 18th of January 2025 and 18th of January 2025 to 2nd of February 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 Western Acquisition price movement. The serial correlation of 0.86 indicates that approximately 86.0% of current Western Acquisition price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.86 | |
| Spearman Rank Test | 0.69 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Western Acquisition lagged returns against current returns
Autocorrelation, which is Western Acquisition 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 Western Acquisition's pink sheet 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 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 |
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 pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Western Acquisition pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Western Acquisition pink sheet 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 pink sheet 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 pink sheet 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
Explore Investment Opportunities
Check out Western Acquisition Correlation, Western Acquisition Volatility and Western Acquisition Alpha and Beta module to complement your research on Western Acquisition. You can also try the Piotroski F Score module to get Piotroski F Score based on the binary analysis strategy of nine different fundamentals.
Other Consideration for investing in Western Pink Sheet
If you are still planning to invest in Western Acquisition check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Western Acquisition's history and understand the potential risks before investing.
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