Aspira Stock Market Value

AWH
 Stock
  

USD 0.73  0.14  23.73%   

Aspira Womans' market value is the price at which a share of Aspira Womans stock trades on a public exchange. It measures the collective expectations of Aspira Womans Health investors about the entity's future performance. With this module, you can estimate the performance of a buy and hold strategy of Aspira Womans Health and determine expected loss or profit from investing in Aspira Womans over a given investment horizon. Please continue to Aspira Womans Hype Analysis, Aspira Womans Correlation, Aspira Womans Valuation, Aspira Womans Volatility, as well as analyze Aspira Womans Alpha and Beta and Aspira Womans Performance.
Symbol
Backtest


Is Aspira Womans' industry 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 Womans. 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 Womans listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Market Capitalization
82.2 M
Quarterly Revenue Growth YOY
0.27
Return On Assets
-0.48
Return On Equity
-0.95
The market value of Aspira Womans 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 Womans' value that differs from its market value or its book value, called intrinsic value, which is Aspira Womans' 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 Womans' market value can be influenced by many factors that don't directly affect Aspira Womans' 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 Womans' value and its price as these two are different measures arrived at by different means. Investors typically determine Aspira Womans value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Aspira Womans' 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 Womans '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 Womans' 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 Womans.
0.00
07/14/2020
No Change 0.00  0.0 
In 1 year 11 months and 21 days
07/04/2022
0.00
If you would invest  0.00  in Aspira Womans on July 14, 2020 and sell it all today you would earn a total of 0.00 from holding Aspira Womans Health or generate 0.0% return on investment in Aspira Womans over 720 days. Aspira Womans is related to or competes with Agilent Technologies, Anixa Biosciences, Avnet, Genesis Unicorn, Mereo Biopharma, Photronics, and General Electric. Aspira Womens Health Inc., together with its subsidiaries, engages in developing and commercializing diagnostic tests fo...More

Aspira Womans 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 Womans' 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 Womans Health upside and downside potential and time the market with a certain degree of confidence.

Aspira Womans Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Aspira Womans' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Aspira Womans' standard deviation. In reality, there are many statistical measures that can use Aspira Womans historical prices to predict the future Aspira Womans' volatility.
Sophisticated investors, who have witnessed many market ups and downs, frequently view the market will even out over time. This tendency of Aspira Womans' 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. Please use the tools below to analyze the current value of Aspira Womans in the context of predictive analytics.
Hype
Prediction
LowEstimated ValueHigh
0.040.7311.50
Details
Intrinsic
Valuation
LowReal ValueHigh
0.081.5512.32
Details
Naive
Forecast
LowNext ValueHigh
0.0156750.7811.55
Details
2 Analysts
Consensus
LowTarget PriceHigh
4.004.004.00
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Aspira Womans. Your research has to be compared to or analyzed against Aspira Womans' peers to derive any actionable benefits. When done correctly, Aspira Womans' competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy towards taking a position in Aspira Womans Health.

Aspira Womans Health Backtested Returns

We consider Aspira Womans abnormally volatile. Aspira Womans Health secures Sharpe Ratio (or Efficiency) of 2.0E-4, which signifies that the company had 2.0E-4% of return per unit of risk over the last 3 months. Our standpoint towards foreseeing the volatility of a stock is to use all available market data together with stock-specific technical indicators that cannot be diversified away. We have found twenty-seven technical indicators for Aspira Womans Health, which you can use to evaluate the future volatility of the firm. Please confirm Aspira Womans Health risk adjusted performance of (0.003653), and Mean Deviation of 7.5 to double-check if the risk estimate we provide is consistent with the expected return of 0.002%.
The firm shows a Beta (market volatility) of 1.6899, which signifies a somewhat significant risk relative to the market. Let's try to break down what Aspira's beta means in this case. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Aspira Womans will likely underperform. Although it is important to respect Aspira Womans Health historical returns, it is better to be realistic regarding the information on the equity's current trending patterns. The philosophy towards foreseeing future performance of any stock is to evaluate the business as a whole together with its past performance, including all available fundamental and technical indicators. By analyzing Aspira Womans Health technical indicators, you can presently evaluate if the expected return of 0.002% will be sustainable into the future. Aspira Womans Health right now shows a risk of 10.77%. Please confirm Aspira Womans Health sortino ratio and the relationship between the potential upside and rate of daily change to decide if Aspira Womans Health will be following its price patterns.

Auto-correlation

    
  -0.72  

Almost perfect reverse predictability

Aspira Womans Health has almost perfect reverse predictability. Overlapping area represents the amount of predictability between Aspira Womans time series from 14th of July 2020 to 9th of July 2021 and 9th of July 2021 to 4th of July 2022. 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 Womans Health price movement. The serial correlation of -0.72 indicates that around 72.0% of current Aspira Womans price fluctuation can be explain by its past prices.
Correlation Coefficient-0.72
Spearman Rank Test-0.65
Residual Average0.0
Price Variance1.87

Aspira Womans Health lagged returns against current returns

Autocorrelation, which is Aspira Womans 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 Womans' stock expected returns. We can calculate the autocorrelation of Aspira Womans returns to help us make a trade decision. For example, suppose you find that Aspira Womans stock 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 stock movement to match the lagging time series.
 Current and Lagged Values 
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      Timeline 

Aspira Womans 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 Womans stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Aspira Womans stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Aspira Womans stock over time.
 Current vs Lagged Prices 
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      Timeline 

Aspira Womans Lagged Returns

When evaluating Aspira Womans' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Aspira Womans stock have on its future price. Aspira Womans 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 Womans autocorrelation shows the relationship between Aspira Womans stock current value and its past values and can show if there is a momentum factor associated with investing in Aspira Womans Health.
 Regressed Prices 
Share
      Timeline 

Aspira Womans Investors Sentiment

The influence of Aspira Womans' investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Aspira. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock markets does not have a solid backing from leading economists and market statisticians.

Aspira Womans Implied Volatility

    
  47.42  
Aspira Womans' implied volatility exposes the market's sentiment of Aspira Womans Health stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Aspira Womans' implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that Aspira Womans stock will not fluctuate a lot when Aspira Womans' options are near their expiration.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Aspira Womans in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Aspira Womans' short interest history, or implied volatility extrapolated from Aspira Womans options trading.

Current Sentiment - AWH

Aspira Womans Health Investor Sentiment

Greater number of Macroaxis users are presently bullish on Aspira Womans Health. What is your sentiment towards investing in Aspira Womans Health? Are you bullish or bearish?
Bullish
Bearish
98% Bullish
2% Bearish

Pair Trading with Aspira Womans

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Aspira Womans position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Aspira Womans will appreciate offsetting losses from the drop in the long position's value.

Aspira Womans Pair Correlation

Correlation Analysis For Direct Indexing and Tax-loss Harvesting

The ability to find closely correlated positions to Aspira Womans could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Aspira Womans when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Aspira Womans - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Aspira Womans Health to buy it.
The correlation of Aspira Womans is a statistical measure of how it moves in relation to other equities. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Aspira Womans moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Aspira Womans Health moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Aspira Womans can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
Please continue to Aspira Womans Hype Analysis, Aspira Womans Correlation, Aspira Womans Valuation, Aspira Womans Volatility, as well as analyze Aspira Womans Alpha and Beta and Aspira Womans Performance. Note that the Aspira Womans Health information on this page should be used as a complementary analysis to other Aspira Womans' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Portfolio Manager module to state of the art Portfolio Manager to monitor and improve performance of your invested capital.

Complementary Tools for Aspira Stock analysis

When running Aspira Womans Health price analysis, check to measure Aspira Womans' 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 Aspira Womans is operating at the current time. Most of Aspira Womans' value examination focuses on studying past and present price action to predict the probability of Aspira Womans' future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Aspira Womans' price. Additionally, you may evaluate how the addition of Aspira Womans to your portfolios can decrease your overall portfolio volatility.
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Aspira Womans 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.
A focus of Aspira Womans technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Aspira Womans trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...