374water Common Stock Stock Market Value
| SCWO Stock | USD 1.35 0.05 3.85% |
| Symbol | 374Water |
374Water Common Stock Price To Book Ratio
Is 374Water Common'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 374Water Common. If investors know 374Water 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 374Water Common listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.07) | Revenue Per Share 0.002 | Quarterly Revenue Growth (0.61) | Return On Assets (0.37) | Return On Equity (0.61) |
The market value of 374Water Common Stock is measured differently than its book value, which is the value of 374Water that is recorded on the company's balance sheet. Investors also form their own opinion of 374Water Common's value that differs from its market value or its book value, called intrinsic value, which is 374Water Common'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 374Water Common's market value can be influenced by many factors that don't directly affect 374Water Common'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 374Water Common's value and its price as these two are different measures arrived at by different means. Investors typically determine if 374Water Common is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, 374Water Common'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.
374Water Common '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 374Water Common'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 374Water Common.
| 04/22/2024 |
| 05/22/2024 |
If you would invest 0.00 in 374Water Common on April 22, 2024 and sell it all today you would earn a total of 0.00 from holding 374Water Common Stock or generate 0.0% return on investment in 374Water Common over 30 days. 374Water Common is related to or competes with Zurn Elkay, Energy Recovery, CECO Environmental, Federal Signal, and Fuel Tech. 374Water, Inc. focuses on providing a technology that addresses environmental pollution challenges More
374Water Common 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 374Water Common'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 374Water Common Stock upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 5.67 | |||
| Information Ratio | (0) | |||
| Maximum Drawdown | 27.12 | |||
| Value At Risk | (8.21) | |||
| Potential Upside | 7.2 |
374Water Common Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for 374Water Common's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as 374Water Common's standard deviation. In reality, there are many statistical measures that can use 374Water Common historical prices to predict the future 374Water Common's volatility.| Risk Adjusted Performance | 0.0164 | |||
| Jensen Alpha | 0.2113 | |||
| Total Risk Alpha | (0.55) | |||
| Sortino Ratio | (0) | |||
| Treynor Ratio | (0.02) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of 374Water Common'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.
374Water Common Stock Backtested Returns
We consider 374Water Common dangerous. 374Water Common Stock retains Efficiency (Sharpe Ratio) of 0.0286, which signifies that the company had a 0.0286% return per unit of price deviation over the last 3 months. We have found thirty technical indicators for 374Water Common, which you can use to evaluate the volatility of the entity. Please confirm 374Water Common's Coefficient Of Variation of 7556.44, market risk adjusted performance of (0.01), and Standard Deviation of 4.93 to double-check if the risk estimate we provide is consistent with the expected return of 0.11%. 374Water Common has a performance score of 2 on a scale of 0 to 100. The firm owns a Beta (Systematic Risk) of -2.22, which signifies a somewhat significant risk relative to the market. As returns on the market increase, returns on owning 374Water Common are expected to decrease by larger amounts. On the other hand, during market turmoil, 374Water Common is expected to outperform it. 374Water Common Stock today owns a risk of 3.9%. Please confirm 374Water Common Stock accumulation distribution, price action indicator, as well as the relationship between the potential upside and jensen alpha , to decide if 374Water Common Stock will be following its current price history.
Auto-correlation | -0.48 |
Modest reverse predictability
374Water Common Stock has modest reverse predictability. Overlapping area represents the amount of predictability between 374Water Common time series from 22nd of April 2024 to 7th of May 2024 and 7th of May 2024 to 22nd of May 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 374Water Common Stock price movement. The serial correlation of -0.48 indicates that about 48.0% of current 374Water Common price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.48 | |
| Spearman Rank Test | -0.48 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
374Water Common Stock lagged returns against current returns
Autocorrelation, which is 374Water Common 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 374Water Common's stock expected returns. We can calculate the autocorrelation of 374Water Common returns to help us make a trade decision. For example, suppose you find that 374Water Common 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 |
374Water Common 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 374Water Common stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if 374Water Common stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in 374Water Common stock over time.
Current vs Lagged Prices |
| Timeline |
374Water Common Lagged Returns
When evaluating 374Water Common's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of 374Water Common stock have on its future price. 374Water Common 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, 374Water Common autocorrelation shows the relationship between 374Water Common stock current value and its past values and can show if there is a momentum factor associated with investing in 374Water Common Stock.
Regressed Prices |
| Timeline |
Building efficient market-beating portfolios requires time, education, and a lot of computing power!
The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.
Try AI Portfolio ArchitectCheck out 374Water Common Correlation, 374Water Common Volatility and 374Water Common Alpha and Beta module to complement your research on 374Water Common. You can also try the Portfolio Dashboard module to portfolio dashboard that provides centralized access to all your investments.
Complementary Tools for 374Water Stock analysis
When running 374Water Common's price analysis, check to measure 374Water Common'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 374Water Common is operating at the current time. Most of 374Water Common's value examination focuses on studying past and present price action to predict the probability of 374Water Common's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move 374Water Common's price. Additionally, you may evaluate how the addition of 374Water Common to your portfolios can decrease your overall portfolio volatility.
| Portfolio Holdings Check your current holdings and cash postion to detemine if your portfolio needs rebalancing | |
| Efficient Frontier Plot and analyze your portfolio and positions against risk-return landscape of the market. | |
| Technical Analysis Check basic technical indicators and analysis based on most latest market data | |
| Global Correlations Find global opportunities by holding instruments from different markets | |
| Fundamental Analysis View fundamental data based on most recent published financial statements | |
| Competition Analyzer Analyze and compare many basic indicators for a group of related or unrelated entities |
374Water Common 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.