Aspira Womens Health Stock Market Value
| AWH Stock | USD 0.89 0.08 9.88% |
| Symbol | Aspira |
Aspira Womens Health Price To Book Ratio
Is Health Care Equipment & Supplies 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 Aspira Womens. If investors know Aspira 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 Aspira Womens listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (1.15) | Revenue Per Share 0.801 | Quarterly Revenue Growth (0.03) | Return On Assets (1.86) | Return On Equity (7.23) |
The market value of Aspira Womens Health is measured differently than its book value, which is the value of Aspira that is recorded on the company's balance sheet. Investors also form their own opinion of Aspira Womens' value that differs from its market value or its book value, called intrinsic value, which is Aspira Womens' 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 Aspira Womens' market value can be influenced by many factors that don't directly affect Aspira Womens' 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 Aspira Womens' value and its price as these two are different measures arrived at by different means. Investors typically determine if Aspira Womens is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Aspira Womens' 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.
Aspira Womens '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 Aspira Womens' 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 Aspira Womens.
| 06/08/2023 |
| 11/29/2024 |
If you would invest 0.00 in Aspira Womens on June 8, 2023 and sell it all today you would earn a total of 0.00 from holding Aspira Womens Health or generate 0.0% return on investment in Aspira Womens over 540 days. Aspira Womens is related to or competes with Electrocore LLC, Evogene, Evolus, and OncoCyte Corp. Aspira Womens Health Inc., together with its subsidiaries, engages in developing and commercializing diagnostic tests fo... More
Aspira Womens 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 Aspira Womens' 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 Aspira Womens Health upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.08) | |||
| Maximum Drawdown | 32.74 | |||
| Value At Risk | (7.50) | |||
| Potential Upside | 6.58 |
Aspira Womens Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Aspira Womens' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Aspira Womens' standard deviation. In reality, there are many statistical measures that can use Aspira Womens historical prices to predict the future Aspira Womens' volatility.| Risk Adjusted Performance | (0.03) | |||
| Jensen Alpha | (0.39) | |||
| Total Risk Alpha | (1.00) | |||
| Treynor Ratio | (0.24) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Aspira Womens' 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.
Aspira Womens Health Backtested Returns
Aspira Womens Health secures Sharpe Ratio (or Efficiency) of -0.006, which signifies that the company had a -0.006% return per unit of risk over the last 3 months. Aspira Womens Health exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Aspira Womens' Mean Deviation of 3.02, standard deviation of 4.89, and Risk Adjusted Performance of (0.03) to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of 1.07, which signifies a somewhat significant risk relative to the market. Aspira Womens returns are very sensitive to returns on the market. As the market goes up or down, Aspira Womens is expected to follow. At this point, Aspira Womens Health has a negative expected return of -0.0304%. Please make sure to confirm Aspira Womens' maximum drawdown, as well as the relationship between the accumulation distribution and day typical price , to decide if Aspira Womens Health performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.51 |
Good reverse predictability
Aspira Womens Health has good reverse predictability. Overlapping area represents the amount of predictability between Aspira Womens time series from 8th of June 2023 to 4th of March 2024 and 4th of March 2024 to 29th 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 Aspira Womens Health price movement. The serial correlation of -0.51 indicates that about 51.0% of current Aspira Womens price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.51 | |
| Spearman Rank Test | -0.46 | |
| Residual Average | 0.0 | |
| Price Variance | 1.09 |
Aspira Womens Health lagged returns against current returns
Autocorrelation, which is Aspira Womens 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 Aspira Womens' stock expected returns. We can calculate the autocorrelation of Aspira Womens returns to help us make a trade decision. For example, suppose you find that Aspira Womens 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 |
Aspira Womens 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 Aspira Womens stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Aspira Womens stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Aspira Womens stock over time.
Current vs Lagged Prices |
| Timeline |
Aspira Womens Lagged Returns
When evaluating Aspira Womens' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Aspira Womens stock have on its future price. Aspira Womens 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, Aspira Womens autocorrelation shows the relationship between Aspira Womens stock current value and its past values and can show if there is a momentum factor associated with investing in Aspira Womens Health.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
When determining whether Aspira Womens Health offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Aspira Womens' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Aspira Womens Health Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Aspira Womens Health Stock:Check out Aspira Womens Correlation, Aspira Womens Volatility and Aspira Womens Alpha and Beta module to complement your research on Aspira Womens. You can also try the Options Analysis module to analyze and evaluate options and option chains as a potential hedge for your portfolios.
Aspira Womens technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.