ONETECH SOLUTIONS (Malaysia) Market Value
| 03041 Stock | 0.20 0.00 0.00% |
| Symbol | ONETECH |
ONETECH SOLUTIONS '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 ONETECH SOLUTIONS'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 ONETECH SOLUTIONS.
| 01/02/2025 |
| 02/01/2025 |
If you would invest 0.00 in ONETECH SOLUTIONS on January 2, 2025 and sell it all today you would earn a total of 0.00 from holding ONETECH SOLUTIONS HOLDINGS or generate 0.0% return on investment in ONETECH SOLUTIONS over 30 days. ONETECH SOLUTIONS is related to or competes with Diversified Gateway, Kossan Rubber, Sungei Bagan, and Riverview Rubber. More
ONETECH SOLUTIONS 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 ONETECH SOLUTIONS'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 ONETECH SOLUTIONS HOLDINGS upside and downside potential and time the market with a certain degree of confidence.
ONETECH SOLUTIONS Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for ONETECH SOLUTIONS's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as ONETECH SOLUTIONS's standard deviation. In reality, there are many statistical measures that can use ONETECH SOLUTIONS historical prices to predict the future ONETECH SOLUTIONS's volatility.ONETECH SOLUTIONS Backtested Returns
We have found three technical indicators for ONETECH SOLUTIONS, which you can use to evaluate the volatility of the company. The company holds a Beta of 0.0, which implies not very significant fluctuations relative to the market. the returns on MARKET and ONETECH SOLUTIONS are completely uncorrelated.
Auto-correlation | 1.00 |
Perfect predictability
ONETECH SOLUTIONS HOLDINGS has perfect predictability. Overlapping area represents the amount of predictability between ONETECH SOLUTIONS time series from 2nd of January 2025 to 17th of January 2025 and 17th of January 2025 to 1st of February 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 ONETECH SOLUTIONS price movement. The serial correlation of 1.0 indicates that 100.0% of current ONETECH SOLUTIONS price fluctuation can be explain by its past prices.
| Correlation Coefficient | 1.0 | |
| Spearman Rank Test | 1.0 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
ONETECH SOLUTIONS lagged returns against current returns
Autocorrelation, which is ONETECH SOLUTIONS 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 ONETECH SOLUTIONS's stock expected returns. We can calculate the autocorrelation of ONETECH SOLUTIONS returns to help us make a trade decision. For example, suppose you find that ONETECH SOLUTIONS 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 |
ONETECH SOLUTIONS 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 ONETECH SOLUTIONS stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if ONETECH SOLUTIONS stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in ONETECH SOLUTIONS stock over time.
Current vs Lagged Prices |
| Timeline |
ONETECH SOLUTIONS Lagged Returns
When evaluating ONETECH SOLUTIONS's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of ONETECH SOLUTIONS stock have on its future price. ONETECH SOLUTIONS 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, ONETECH SOLUTIONS autocorrelation shows the relationship between ONETECH SOLUTIONS stock current value and its past values and can show if there is a momentum factor associated with investing in ONETECH SOLUTIONS HOLDINGS.
Regressed Prices |
| Timeline |
Also Currently Popular
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.Other Information on Investing in ONETECH Stock
ONETECH SOLUTIONS financial ratios help investors to determine whether ONETECH Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in ONETECH with respect to the benefits of owning ONETECH SOLUTIONS security.