Westell Technologies Stock Market Value
| WSTL Stock | USD 6.10 0.06 0.99% |
| Symbol | Westell |
Westell Technologies '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 Westell Technologies' 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 Westell Technologies.
| 01/26/2024 |
| 01/15/2026 |
If you would invest 0.00 in Westell Technologies on January 26, 2024 and sell it all today you would earn a total of 0.00 from holding Westell Technologies or generate 0.0% return on investment in Westell Technologies over 720 days. Westell Technologies is related to or competes with Minehub Technologies, Acorn Energy, Kudelski, BeWhere Holdings, Aerkomm, Luna Innovations, and Enablence Technologies. Westell Technologies, Inc., through its subsidiary, Westell, Inc., designs, manufactures, and distributes telecommunicat... More
Westell Technologies 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 Westell Technologies' 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 Westell Technologies upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 4.32 | |||
| Information Ratio | (0) | |||
| Maximum Drawdown | 19.53 | |||
| Value At Risk | (6.60) | |||
| Potential Upside | 4.66 |
Westell Technologies Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Westell Technologies' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Westell Technologies' standard deviation. In reality, there are many statistical measures that can use Westell Technologies historical prices to predict the future Westell Technologies' volatility.| Risk Adjusted Performance | 0.0266 | |||
| Jensen Alpha | 0.0375 | |||
| Total Risk Alpha | (0.53) | |||
| Sortino Ratio | (0) | |||
| Treynor Ratio | 0.1833 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Westell Technologies' 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.
Westell Technologies Backtested Returns
As of now, Westell Pink Sheet is moderately volatile. Westell Technologies shows Sharpe Ratio of 0.0319, which attests that the company had a 0.0319 % return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Westell Technologies, which you can use to evaluate the volatility of the company. Please check out Westell Technologies' Downside Deviation of 4.32, market risk adjusted performance of 0.1933, and Mean Deviation of 2.96 to validate if the risk estimate we provide is consistent with the expected return of 0.13%. Westell Technologies has a performance score of 2 on a scale of 0 to 100. The firm maintains a market beta of 0.51, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, Westell Technologies' returns are expected to increase less than the market. However, during the bear market, the loss of holding Westell Technologies is expected to be smaller as well. Westell Technologies right now maintains a risk of 3.94%. Please check out Westell Technologies sortino ratio, semi variance, as well as the relationship between the Semi Variance and rate of daily change , to decide if Westell Technologies will be following its historical returns.
Auto-correlation | 0.43 |
Average predictability
Westell Technologies has average predictability. Overlapping area represents the amount of predictability between Westell Technologies time series from 26th of January 2024 to 20th of January 2025 and 20th of January 2025 to 15th of January 2026. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Westell Technologies price movement. The serial correlation of 0.43 indicates that just about 43.0% of current Westell Technologies price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.43 | |
| Spearman Rank Test | 0.22 | |
| Residual Average | 0.0 | |
| Price Variance | 3.37 |
Westell Technologies lagged returns against current returns
Autocorrelation, which is Westell Technologies 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 Westell Technologies' pink sheet expected returns. We can calculate the autocorrelation of Westell Technologies returns to help us make a trade decision. For example, suppose you find that Westell Technologies 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 |
Westell Technologies 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 Westell Technologies pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Westell Technologies pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Westell Technologies pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Westell Technologies Lagged Returns
When evaluating Westell Technologies' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Westell Technologies pink sheet have on its future price. Westell Technologies 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, Westell Technologies autocorrelation shows the relationship between Westell Technologies pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Westell Technologies.
Regressed Prices |
| Timeline |
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Westell Technologies financial ratios help investors to determine whether Westell Pink Sheet 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 Westell with respect to the benefits of owning Westell Technologies security.