Wavedancer Alpha and Beta Analysis
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Wavedancer. It also helps investors analyze the systematic and unsystematic risks associated with investing in Wavedancer over a specified time horizon. Remember, high Wavedancer's alpha is almost always a sign of good performance; however, a high beta will depend on investors' risk tolerance level and may signal increased volatility and potential future overvaluation. Key technical indicators related to Wavedancer's market risk premium analysis include:
Beta (1.00) | Alpha 0.51 | Risk 0.0 | Sharpe Ratio 0.0 | Expected Return 0.0 |
Alpha is a measure of relative performance on a risk-adjusted basis, while beta measures volatility against the benchmark. The goal is to know if an investor is being compensated for the volatility risk taken. The return on investment might be better than its reference but still not compensate for the assumption of the risk.
Wavedancer |
Wavedancer Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Wavedancer market risk premium is the additional return an investor will receive from holding Wavedancer long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Wavedancer. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Alpha and beta are two of the key measurements used to evaluate Wavedancer's performance over market.| α | 0.51 | β | -1 |
Wavedancer Fundamentals Vs Peers
Comparing Wavedancer's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze Wavedancer's direct or indirect competition across all of the common fundamentals between Wavedancer and the related equities. This way, we can detect undervalued stocks with similar characteristics as Wavedancer or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Wavedancer's fundamental indicators could also be used in its relative valuation, which is a method of valuing Wavedancer by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare Wavedancer to competition |
| Fundamentals | Wavedancer | Peer Average |
| Return On Equity | -0.67 | -0.31 |
| Return On Asset | -0.21 | -0.14 |
| Profit Margin | (0.18) % | (1.27) % |
| Operating Margin | (0.22) % | (5.51) % |
| Current Valuation | 4.4 M | 16.62 B |
| Shares Outstanding | 2.01 M | 571.82 M |
| Shares Owned By Insiders | 15.46 % | 10.09 % |
Wavedancer Opportunities
Wavedancer Return and Market Media
The Stock received some media coverage during the period. Price Growth (%) |
| Timeline |
1 | Short Interest in WaveDancer, Inc. Increases By 525.8 percent - Defense World | 05/30/2024 |
2 | WaveDancer amends merger agreement, extends end date By Investing.com - Investing.com | 06/21/2024 |
3 | Acquisition by Benoit Gerald James Jr of 100 shares of Wavedancer at 0.581 subject to Rule 16b-3 | 07/23/2024 |
About Wavedancer Beta and Alpha
For many years both, Alpha and Beta indicators are used by professional money managers as critical performance measurement tools across virtually all financial instruments including Wavedancer or other delisted stocks. Alpha measures the amount that position in Wavedancer has returned in comparison to a selected market index or another relevant benchmark. In other words, Alpha is the excess return on an investment relative to the performance of your selected benchmark. Beta, on the other hand, measures the relative risk of your investment.
Wavedancer Upcoming Company Events
As portrayed in its financial statements, the presentation of Wavedancer's financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Wavedancer's leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of Wavedancer's public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of Wavedancer. Please utilize our Beneish M Score to check the likelihood of Wavedancer's management manipulating its earnings.
| 15th of April 2024 Upcoming Quarterly Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View |
Build Portfolio with Wavedancer
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Check out Your Current Watchlist to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in real. You can also try the Equity Analysis module to research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities.
Other Consideration for investing in Wavedancer Stock
If you are still planning to invest in Wavedancer 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 Wavedancer's history and understand the potential risks before investing.
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