Lightwave Logic Stock Market Value
| LWLG Stock | USD 4.02 0.08 1.95% |
| Symbol | Lightwave |
Lightwave Logic Price To Book Ratio
Is Lightwave Logic's 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 Lightwave Logic. If investors know Lightwave 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 Lightwave Logic listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.18) | Return On Assets (0.39) | Return On Equity (0.66) |
The market value of Lightwave Logic is measured differently than its book value, which is the value of Lightwave that is recorded on the company's balance sheet. Investors also form their own opinion of Lightwave Logic's value that differs from its market value or its book value, called intrinsic value, which is Lightwave Logic'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 Lightwave Logic's market value can be influenced by many factors that don't directly affect Lightwave Logic'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 Lightwave Logic's value and its price as these two are different measures arrived at by different means. Investors typically determine if Lightwave Logic is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Lightwave Logic'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.
Lightwave Logic '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 Lightwave Logic'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 Lightwave Logic.
| 03/21/2024 |
| 04/20/2024 |
If you would invest 0.00 in Lightwave Logic on March 21, 2024 and sell it all today you would earn a total of 0.00 from holding Lightwave Logic or generate 0.0% return on investment in Lightwave Logic over 30 days. Lightwave Logic is related to or competes with Greystone Logistics, Perimeter Solutions, Avoca LLC, Alto Ingredients, Gevo, and Givaudan. Lightwave Logic, Inc., a development stage company, focuses on the development of photonic devices and non-linear optica... More
Lightwave Logic 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 Lightwave Logic'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 Lightwave Logic upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 3.17 | |||
| Information Ratio | 0.0048 | |||
| Maximum Drawdown | 18.25 | |||
| Value At Risk | (3.91) | |||
| Potential Upside | 6.0 |
Lightwave Logic Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Lightwave Logic's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Lightwave Logic's standard deviation. In reality, there are many statistical measures that can use Lightwave Logic historical prices to predict the future Lightwave Logic's volatility.| Risk Adjusted Performance | 0.0267 | |||
| Jensen Alpha | (0.12) | |||
| Total Risk Alpha | (0.32) | |||
| Sortino Ratio | 0.0051 | |||
| Treynor Ratio | 0.032 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Lightwave Logic'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.
Lightwave Logic Backtested Returns
Lightwave Logic has Sharpe Ratio of -0.0176, which conveys that the firm had a -0.0176% return per unit of risk over the last 3 months. Lightwave Logic exposes twenty-nine different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Lightwave Logic's Mean Deviation of 2.61, downside deviation of 3.17, and Risk Adjusted Performance of 0.0267 to check out the risk estimate we provide. The company secures a Beta (Market Risk) of 2.86, 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, Lightwave Logic will likely underperform. Lightwave Logic has an expected return of -0.0584%. Please make sure to verify Lightwave Logic jensen alpha, semi variance, day typical price, as well as the relationship between the maximum drawdown and accumulation distribution , to decide if Lightwave Logic performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.65 |
Very good reverse predictability
Lightwave Logic has very good reverse predictability. Overlapping area represents the amount of predictability between Lightwave Logic time series from 21st of March 2024 to 5th of April 2024 and 5th of April 2024 to 20th of April 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 Lightwave Logic price movement. The serial correlation of -0.65 indicates that roughly 65.0% of current Lightwave Logic price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.65 | |
| Spearman Rank Test | -0.16 | |
| Residual Average | 0.0 | |
| Price Variance | 0.02 |
Lightwave Logic lagged returns against current returns
Autocorrelation, which is Lightwave Logic 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 Lightwave Logic's stock expected returns. We can calculate the autocorrelation of Lightwave Logic returns to help us make a trade decision. For example, suppose you find that Lightwave Logic 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 |
Lightwave Logic 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 Lightwave Logic stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Lightwave Logic stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Lightwave Logic stock over time.
Current vs Lagged Prices |
| Timeline |
Lightwave Logic Lagged Returns
When evaluating Lightwave Logic's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Lightwave Logic stock have on its future price. Lightwave Logic 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, Lightwave Logic autocorrelation shows the relationship between Lightwave Logic stock current value and its past values and can show if there is a momentum factor associated with investing in Lightwave Logic.
Regressed Prices |
| Timeline |
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 Lightwave Logic 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, Lightwave Logic's short interest history, or implied volatility extrapolated from Lightwave Logic options trading.
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Complementary Tools for Lightwave Stock analysis
When running Lightwave Logic's price analysis, check to measure Lightwave Logic'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 Lightwave Logic is operating at the current time. Most of Lightwave Logic's value examination focuses on studying past and present price action to predict the probability of Lightwave Logic's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Lightwave Logic's price. Additionally, you may evaluate how the addition of Lightwave Logic to your portfolios can decrease your overall portfolio volatility.
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Lightwave Logic 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.