Wisekey International Holding Stock Market Value
| WKEY Stock | USD 11.31 1.69 13.00% |
| Symbol | Wisekey |
Wisekey International Price To Book Ratio
Is Application Software 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 Wisekey International. If investors know Wisekey 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 Wisekey International listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (2.51) | Revenue Per Share 3.0025 | Quarterly Revenue Growth (0.66) | Return On Assets (0.27) | Return On Equity (1.21) |
The market value of Wisekey International is measured differently than its book value, which is the value of Wisekey that is recorded on the company's balance sheet. Investors also form their own opinion of Wisekey International's value that differs from its market value or its book value, called intrinsic value, which is Wisekey International'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 Wisekey International's market value can be influenced by many factors that don't directly affect Wisekey International'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 Wisekey International's value and its price as these two are different measures arrived at by different means. Investors typically determine if Wisekey International is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Wisekey International'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.
Wisekey International '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 Wisekey International'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 Wisekey International.
| 11/29/2024 |
| 12/29/2024 |
If you would invest 0.00 in Wisekey International on November 29, 2024 and sell it all today you would earn a total of 0.00 from holding Wisekey International Holding or generate 0.0% return on investment in Wisekey International over 30 days. Wisekey International is related to or competes with SemiLEDS, GSI Technology, SEALSQ Corp, WiSA Technologies, Nano Labs, ChipMOS Technologies, and Silicon Motion. WISeKey International Holding AG, a cybersecurity company, provides integrated security solutions for the internet of th... More
Wisekey International 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 Wisekey International'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 Wisekey International Holding upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 7.85 | |||
| Information Ratio | 0.184 | |||
| Maximum Drawdown | 161.1 | |||
| Value At Risk | (13.00) | |||
| Potential Upside | 34.19 |
Wisekey International Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Wisekey International's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Wisekey International's standard deviation. In reality, there are many statistical measures that can use Wisekey International historical prices to predict the future Wisekey International's volatility.| Risk Adjusted Performance | 0.1575 | |||
| Jensen Alpha | 3.81 | |||
| Total Risk Alpha | 3.24 | |||
| Sortino Ratio | 0.4826 | |||
| Treynor Ratio | 53.62 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Wisekey International'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.
Wisekey International Backtested Returns
Wisekey International is risky given 3 months investment horizon. Wisekey International shows Sharpe Ratio of 0.19, which attests that the company had a 0.19% return per unit of risk over the last 3 months. We were able to analyze and collect data for twenty-nine different technical indicators, which can help you to evaluate if expected returns of 3.91% are justified by taking the suggested risk. Use Wisekey International Holding Downside Deviation of 7.85, market risk adjusted performance of 53.63, and Mean Deviation of 9.77 to evaluate company specific risk that cannot be diversified away. Wisekey International holds a performance score of 14 on a scale of zero to a hundred. The firm maintains a market beta of 0.0711, which attests to not very significant fluctuations relative to the market. As returns on the market increase, Wisekey International's returns are expected to increase less than the market. However, during the bear market, the loss of holding Wisekey International is expected to be smaller as well. Use Wisekey International Holding sortino ratio, semi variance, as well as the relationship between the Semi Variance and rate of daily change , to analyze future returns on Wisekey International Holding.
Auto-correlation | 0.48 |
Average predictability
Wisekey International Holding has average predictability. Overlapping area represents the amount of predictability between Wisekey International time series from 29th of November 2024 to 14th of December 2024 and 14th of December 2024 to 29th 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 Wisekey International price movement. The serial correlation of 0.48 indicates that about 48.0% of current Wisekey International price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.48 | |
| Spearman Rank Test | 0.35 | |
| Residual Average | 0.0 | |
| Price Variance | 4.66 |
Wisekey International lagged returns against current returns
Autocorrelation, which is Wisekey International 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 Wisekey International's stock expected returns. We can calculate the autocorrelation of Wisekey International returns to help us make a trade decision. For example, suppose you find that Wisekey International 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 |
Wisekey International 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 Wisekey International stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Wisekey International stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Wisekey International stock over time.
Current vs Lagged Prices |
| Timeline |
Wisekey International Lagged Returns
When evaluating Wisekey International's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Wisekey International stock have on its future price. Wisekey International 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, Wisekey International autocorrelation shows the relationship between Wisekey International stock current value and its past values and can show if there is a momentum factor associated with investing in Wisekey International Holding.
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 Wisekey Stock Analysis
When running Wisekey International's price analysis, check to measure Wisekey International'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 Wisekey International is operating at the current time. Most of Wisekey International's value examination focuses on studying past and present price action to predict the probability of Wisekey International's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Wisekey International's price. Additionally, you may evaluate how the addition of Wisekey International to your portfolios can decrease your overall portfolio volatility.