Awakn Life Sciences Stock Market Value
| AWKNF Stock | USD 0.08 0.01 9.65% |
| Symbol | Awakn |
Awakn Life '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 Awakn Life's otc 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 Awakn Life.
| 12/14/2022 |
| 12/03/2024 |
If you would invest 0.00 in Awakn Life on December 14, 2022 and sell it all today you would earn a total of 0.00 from holding Awakn Life Sciences or generate 0.0% return on investment in Awakn Life over 720 days. Awakn Life is related to or competes with Cellectis, Eliem Therapeutics, Opthea, Molecular Partners, Edgewise Therapeutics, Iteos Therapeutics, and Antibe Therapeutics. Awakn Life Sciences Corp., a biotechnology company, engages in the researching, developing, operations, and delivering o... More
Awakn Life 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 Awakn Life's otc 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 Awakn Life Sciences upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 15.22 | |||
| Information Ratio | 0.0196 | |||
| Maximum Drawdown | 93.51 | |||
| Value At Risk | (23.93) | |||
| Potential Upside | 18.5 |
Awakn Life Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Awakn Life's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Awakn Life's standard deviation. In reality, there are many statistical measures that can use Awakn Life historical prices to predict the future Awakn Life's volatility.| Risk Adjusted Performance | 0.0313 | |||
| Jensen Alpha | 0.9046 | |||
| Total Risk Alpha | (1.70) | |||
| Sortino Ratio | 0.018 | |||
| Treynor Ratio | (0.09) |
Awakn Life Sciences Backtested Returns
Awakn Life is out of control given 3 months investment horizon. Awakn Life Sciences secures Sharpe Ratio (or Efficiency) of 0.0753, which signifies that the company had a 0.0753% return per unit of standard deviation over the last 3 months. We were able to interpolate twenty-nine different technical indicators, which can help you to evaluate if expected returns of 1.02% are justified by taking the suggested risk. Use Awakn Life mean deviation of 9.14, and Risk Adjusted Performance of 0.0313 to evaluate company specific risk that cannot be diversified away. Awakn Life holds a performance score of 5 on a scale of zero to a hundred. The firm shows a Beta (market volatility) of -4.52, which signifies a somewhat significant risk relative to the market. As returns on the market increase, returns on owning Awakn Life are expected to decrease by larger amounts. On the other hand, during market turmoil, Awakn Life is expected to outperform it. Use Awakn Life value at risk, daily balance of power, and the relationship between the total risk alpha and expected short fall , to analyze future returns on Awakn Life.
Auto-correlation | 0.22 |
Weak predictability
Awakn Life Sciences has weak predictability. Overlapping area represents the amount of predictability between Awakn Life time series from 14th of December 2022 to 9th of December 2023 and 9th of December 2023 to 3rd 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 Awakn Life Sciences price movement. The serial correlation of 0.22 indicates that over 22.0% of current Awakn Life price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.22 | |
| Spearman Rank Test | 0.31 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Awakn Life Sciences lagged returns against current returns
Autocorrelation, which is Awakn Life otc 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 Awakn Life's otc stock expected returns. We can calculate the autocorrelation of Awakn Life returns to help us make a trade decision. For example, suppose you find that Awakn Life has exhibited high autocorrelation historically, and you observe that the otc 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 |
Awakn Life 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 Awakn Life otc stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Awakn Life otc stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Awakn Life otc stock over time.
Current vs Lagged Prices |
| Timeline |
Awakn Life Lagged Returns
When evaluating Awakn Life's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Awakn Life otc stock have on its future price. Awakn Life 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, Awakn Life autocorrelation shows the relationship between Awakn Life otc stock current value and its past values and can show if there is a momentum factor associated with investing in Awakn Life Sciences.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Awakn OTC Stock
Awakn Life financial ratios help investors to determine whether Awakn OTC Stock 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 Awakn with respect to the benefits of owning Awakn Life security.