Kwesst Micro Systems Stock Market Value
| KWESW Stock | 0.03 0.02 144.63% |
| Symbol | KWESST |
KWESST Micro Systems Price To Book Ratio
Is Industrial Machinery & Supplies & Components 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 KWESST Micro. If investors know KWESST 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 KWESST Micro listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Revenue Per Share 2.384 | Quarterly Revenue Growth 1.193 | Return On Assets (0.78) | Return On Equity (2.22) |
The market value of KWESST Micro Systems is measured differently than its book value, which is the value of KWESST that is recorded on the company's balance sheet. Investors also form their own opinion of KWESST Micro's value that differs from its market value or its book value, called intrinsic value, which is KWESST Micro'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 KWESST Micro's market value can be influenced by many factors that don't directly affect KWESST Micro'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 KWESST Micro's value and its price as these two are different measures arrived at by different means. Investors typically determine if KWESST Micro is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, KWESST Micro'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.
KWESST Micro '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 KWESST Micro'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 KWESST Micro.
| 11/01/2024 |
| 12/01/2024 |
If you would invest 0.00 in KWESST Micro on November 1, 2024 and sell it all today you would earn a total of 0.00 from holding KWESST Micro Systems or generate 0.0% return on investment in KWESST Micro over 30 days. KWESST Micro is related to or competes with KWESST Micro, Mobilicom Limited, and OKYO Pharma. KWESST Micro is entity of United States. It is traded as Stock on NASDAQ exchange. More
KWESST Micro 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 KWESST Micro'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 KWESST Micro Systems upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 28.85 | |||
| Information Ratio | 0.1397 | |||
| Maximum Drawdown | 243.49 | |||
| Value At Risk | (41.83) | |||
| Potential Upside | 85.19 |
KWESST Micro Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for KWESST Micro's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as KWESST Micro's standard deviation. In reality, there are many statistical measures that can use KWESST Micro historical prices to predict the future KWESST Micro's volatility.| Risk Adjusted Performance | 0.1191 | |||
| Jensen Alpha | 5.26 | |||
| Total Risk Alpha | (1.00) | |||
| Sortino Ratio | 0.2006 | |||
| Treynor Ratio | 1.16 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of KWESST Micro'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.
KWESST Micro Systems Backtested Returns
KWESST Micro is out of control given 3 months investment horizon. KWESST Micro Systems has Sharpe Ratio of 0.24, which conveys that the firm had a 0.24% 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 49.76% are justified by taking the suggested risk. Use KWESST Micro Systems mean deviation of 25.35, and Risk Adjusted Performance of 0.1191 to evaluate company specific risk that cannot be diversified away. KWESST Micro holds a performance score of 18 on a scale of zero to a hundred. The company secures a Beta (Market Risk) of 5.1, which conveys 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, KWESST Micro will likely underperform. Use KWESST Micro Systems total risk alpha and the relationship between the downside variance and period momentum indicator , to analyze future returns on KWESST Micro Systems.
Auto-correlation | -0.08 |
Very weak reverse predictability
KWESST Micro Systems has very weak reverse predictability. Overlapping area represents the amount of predictability between KWESST Micro time series from 1st of November 2024 to 16th of November 2024 and 16th of November 2024 to 1st 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 KWESST Micro Systems price movement. The serial correlation of -0.08 indicates that barely 8.0% of current KWESST Micro price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.08 | |
| Spearman Rank Test | -0.5 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
KWESST Micro Systems lagged returns against current returns
Autocorrelation, which is KWESST Micro 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 KWESST Micro's stock expected returns. We can calculate the autocorrelation of KWESST Micro returns to help us make a trade decision. For example, suppose you find that KWESST Micro 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 |
KWESST Micro 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 KWESST Micro stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if KWESST Micro stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in KWESST Micro stock over time.
Current vs Lagged Prices |
| Timeline |
KWESST Micro Lagged Returns
When evaluating KWESST Micro's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of KWESST Micro stock have on its future price. KWESST Micro 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, KWESST Micro autocorrelation shows the relationship between KWESST Micro stock current value and its past values and can show if there is a momentum factor associated with investing in KWESST Micro Systems.
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 KWESST Stock Analysis
When running KWESST Micro's price analysis, check to measure KWESST Micro'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 KWESST Micro is operating at the current time. Most of KWESST Micro's value examination focuses on studying past and present price action to predict the probability of KWESST Micro's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move KWESST Micro's price. Additionally, you may evaluate how the addition of KWESST Micro to your portfolios can decrease your overall portfolio volatility.