Western Acquisition Ventures Stock Market Value
| WAVSW Stock | USD 0.02 0 15.05% |
| 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.
Return On Assets (0.15) |
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.
| 06/15/2024 |
| 12/12/2024 |
If you would invest 0.00 in Western Acquisition on June 15, 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 180 days. 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 | 23.86 | |||
| Information Ratio | 0.0747 | |||
| Maximum Drawdown | 131.93 | |||
| Value At Risk | (38.55) | |||
| Potential Upside | 50.0 |
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 | 0.067 | |||
| Jensen Alpha | 1.97 | |||
| Total Risk Alpha | (2.20) | |||
| Sortino Ratio | 0.0866 | |||
| Treynor Ratio | 1.18 |
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 is out of control given 3 months investment horizon. Western Acquisition shows Sharpe Ratio of 0.1, which attests that the company had a 0.1% return per unit of risk over the last 3 months. We are able to interpolate and collect twenty-nine different technical indicators, which can help you to evaluate if expected returns of 2.95% are justified by taking the suggested risk. Use Western Acquisition Ventures Downside Deviation of 23.86, market risk adjusted performance of 1.19, and Mean Deviation of 18.89 to evaluate company specific risk that cannot be diversified away. Western Acquisition holds a performance score of 7 on a scale of zero to a hundred. The firm maintains a market beta of 1.85, 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, Western Acquisition will likely underperform. Use Western Acquisition Ventures sortino ratio, semi variance, as well as the relationship between the Semi Variance and rate of daily change , to analyze future returns on Western Acquisition Ventures.
Auto-correlation | -0.57 |
Good reverse predictability
Western Acquisition Ventures has good reverse predictability. Overlapping area represents the amount of predictability between Western Acquisition time series from 15th of June 2024 to 13th of September 2024 and 13th of September 2024 to 12th of December 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 -0.57 indicates that roughly 57.0% of current Western Acquisition price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.57 | |
| Spearman Rank Test | 0.5 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
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 |
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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 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.