Aspira Womens Health Market Value
| AWHDelisted Stock | USD 0.08 0.01 12.49% |
| Symbol | Aspira |
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.
| 01/20/2025 |
| 04/20/2025 |
If you would invest 0.00 in Aspira Womens on January 20, 2025 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 90 days. Aspira Womens is related to or competes with BioAffinity Technologies, RadNet, Biodesix, Burning Rock, Neuronetics, DarioHealth Corp, and Sera Prognostics. 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 | (0.27) | |||
| Maximum Drawdown | 36.8 | |||
| Value At Risk | (16.67) | |||
| Potential Upside | 11.76 |
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 | (0.44) | |||
| Jensen Alpha | (2.38) | |||
| Total Risk Alpha | (1.79) | |||
| Treynor Ratio | (3.61) |
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 -0.28, which signifies that the company had a -0.28 % return per unit of risk over the last 3 months. Aspira Womens Health exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Aspira Womens' Standard Deviation of 8.68, mean deviation of 6.76, and Risk Adjusted Performance of (0.44) to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of 0.68, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, Aspira Womens' returns are expected to increase less than the market. However, during the bear market, the loss of holding Aspira Womens is expected to be smaller as well. At this point, Aspira Womens Health has a negative expected return of -2.45%. Please make sure to confirm Aspira Womens' value at risk, 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 | 0.73 |
Good predictability
Aspira Womens Health has good predictability. Overlapping area represents the amount of predictability between Aspira Womens time series from 20th of January 2025 to 6th of March 2025 and 6th of March 2025 to 20th of April 2025. 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 0.73 indicates that around 73.0% of current Aspira Womens price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.73 | |
| Spearman Rank Test | 0.73 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
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
| AMT | American Tower Corp | |
| HLTOY | Hellenic Telecommunications Org | |
| NFLX | Netflix | |
| EPGFX | Europac Gold Fund | |
| FTGFF | Firan Technology Group |
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 Theme Ratings module to determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance.
Other Consideration for investing in Aspira Stock
If you are still planning to invest in Aspira Womens Health check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Aspira Womens' history and understand the potential risks before investing.
| Portfolio Diagnostics Use generated alerts and portfolio events aggregator to diagnose current holdings | |
| Crypto Correlations Use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins | |
| Portfolio Rebalancing Analyze risk-adjusted returns against different time horizons to find asset-allocation targets | |
| Portfolio Holdings Check your current holdings and cash postion to detemine if your portfolio needs rebalancing | |
| Risk-Return Analysis View associations between returns expected from investment and the risk you assume | |
| Equity Search Search for actively traded equities including funds and ETFs from over 30 global markets | |
| Balance Of Power Check stock momentum by analyzing Balance Of Power indicator and other technical ratios | |
| Performance Analysis Check effects of mean-variance optimization against your current asset allocation | |
| Positions Ratings Determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance |