Energous Stock Market Value
| WATT Stock | USD 0.31 0.01 3.13% |
| Symbol | Energous |
Is Electrical Components & Equipment 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 Energous. If investors know Energous 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 Energous listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (3.06) | Revenue Per Share 0.066 | Quarterly Revenue Growth (0.61) | Return On Assets (0.79) | Return On Equity (1.87) |
The market value of Energous is measured differently than its book value, which is the value of Energous that is recorded on the company's balance sheet. Investors also form their own opinion of Energous' value that differs from its market value or its book value, called intrinsic value, which is Energous' 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 Energous' market value can be influenced by many factors that don't directly affect Energous' 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 Energous' value and its price as these two are different measures arrived at by different means. Investors typically determine if Energous is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Energous' 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.
Energous '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 Energous' 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 Energous.
| 11/18/2024 |
| 12/18/2024 |
If you would invest 0.00 in Energous on November 18, 2024 and sell it all today you would earn a total of 0.00 from holding Energous or generate 0.0% return on investment in Energous over 30 days. Energous is related to or competes with Coherent, ESCO Technologies, Mesa Laboratories, Vishay Precision, Vontier Corp, Teledyne Technologies, and MKS Instruments. The company develops WattUp wireless power technology that consists of semiconductor chipsets, software controls, hardwa... More
Energous 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 Energous' 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 Energous upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.30) | |||
| Maximum Drawdown | 18.03 | |||
| Value At Risk | (9.52) | |||
| Potential Upside | 6.9 |
Energous Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Energous' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Energous' standard deviation. In reality, there are many statistical measures that can use Energous historical prices to predict the future Energous' volatility.| Risk Adjusted Performance | (0.20) | |||
| Jensen Alpha | (1.33) | |||
| Total Risk Alpha | (1.63) | |||
| Treynor Ratio | (1.37) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Energous' 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.
Energous Backtested Returns
Energous secures Sharpe Ratio (or Efficiency) of -0.22, which denotes the company had a -0.22% return per unit of risk over the last 3 months. Energous exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Energous' Standard Deviation of 4.46, variance of 19.91, and Mean Deviation of 3.4 to check the risk estimate we provide. The firm shows a Beta (market volatility) of 0.93, which means possible diversification benefits within a given portfolio. Energous returns are very sensitive to returns on the market. As the market goes up or down, Energous is expected to follow. At this point, Energous has a negative expected return of -0.88%. Please make sure to confirm Energous' standard deviation, potential upside, as well as the relationship between the Potential Upside and day typical price , to decide if Energous performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.16 |
Insignificant reverse predictability
Energous has insignificant reverse predictability. Overlapping area represents the amount of predictability between Energous time series from 18th of November 2024 to 3rd of December 2024 and 3rd of December 2024 to 18th 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 Energous price movement. The serial correlation of -0.16 indicates that over 16.0% of current Energous price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.16 | |
| Spearman Rank Test | -0.6 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Energous lagged returns against current returns
Autocorrelation, which is Energous 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 Energous' stock expected returns. We can calculate the autocorrelation of Energous returns to help us make a trade decision. For example, suppose you find that Energous 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 |
Energous 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 Energous stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Energous stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Energous stock over time.
Current vs Lagged Prices |
| Timeline |
Energous Lagged Returns
When evaluating Energous' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Energous stock have on its future price. Energous 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, Energous autocorrelation shows the relationship between Energous stock current value and its past values and can show if there is a momentum factor associated with investing in Energous.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Additional Tools for Energous Stock Analysis
When running Energous' price analysis, check to measure Energous' 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 Energous is operating at the current time. Most of Energous' value examination focuses on studying past and present price action to predict the probability of Energous' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Energous' price. Additionally, you may evaluate how the addition of Energous to your portfolios can decrease your overall portfolio volatility.