OSK Holdings (Malaysia) Market Value
| 5053 Stock | 1.62 0.01 0.62% |
| Symbol | OSK |
OSK Holdings '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 OSK Holdings' 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 OSK Holdings.
| 06/12/2023 |
| 12/03/2024 |
If you would invest 0.00 in OSK Holdings on June 12, 2023 and sell it all today you would earn a total of 0.00 from holding OSK Holdings Bhd or generate 0.0% return on investment in OSK Holdings over 540 days. OSK Holdings is related to or competes with Minetech Resources, Sunzen Biotech, ViTrox Bhd, Hengyuan Refining, Impiana Hotels, and AMMB Holdings. More
OSK Holdings 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 OSK Holdings' 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 OSK Holdings Bhd upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.27 | |||
| Information Ratio | (0.03) | |||
| Maximum Drawdown | 5.76 | |||
| Value At Risk | (1.89) | |||
| Potential Upside | 2.52 |
OSK Holdings Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for OSK Holdings' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as OSK Holdings' standard deviation. In reality, there are many statistical measures that can use OSK Holdings historical prices to predict the future OSK Holdings' volatility.| Risk Adjusted Performance | 0.0555 | |||
| Jensen Alpha | 0.076 | |||
| Total Risk Alpha | (0.11) | |||
| Sortino Ratio | (0.03) | |||
| Treynor Ratio | (5.51) |
OSK Holdings Bhd Backtested Returns
As of now, OSK Stock is relatively risky. OSK Holdings Bhd maintains Sharpe Ratio (i.e., Efficiency) of 0.081, which implies the firm had a 0.081% return per unit of volatility over the last 3 months. We have found twenty-nine technical indicators for OSK Holdings Bhd, which you can use to evaluate the volatility of the company. Please check OSK Holdings' risk adjusted performance of 0.0555, and Semi Deviation of 1.01 to confirm if the risk estimate we provide is consistent with the expected return of 0.0997%. OSK Holdings has a performance score of 6 on a scale of 0 to 100. The company holds a Beta of -0.0135, which implies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning OSK Holdings are expected to decrease at a much lower rate. During the bear market, OSK Holdings is likely to outperform the market. OSK Holdings Bhd currently holds a risk of 1.23%. Please check OSK Holdings Bhd coefficient of variation, jensen alpha, and the relationship between the downside deviation and standard deviation , to decide if OSK Holdings Bhd will be following its historical price patterns.
Auto-correlation | 0.71 |
Good predictability
OSK Holdings Bhd has good predictability. Overlapping area represents the amount of predictability between OSK Holdings time series from 12th of June 2023 to 8th of March 2024 and 8th of March 2024 to 3rd 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 OSK Holdings Bhd price movement. The serial correlation of 0.71 indicates that around 71.0% of current OSK Holdings price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.71 | |
| Spearman Rank Test | 0.64 | |
| Residual Average | 0.0 | |
| Price Variance | 0.01 |
OSK Holdings Bhd lagged returns against current returns
Autocorrelation, which is OSK Holdings 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 OSK Holdings' stock expected returns. We can calculate the autocorrelation of OSK Holdings returns to help us make a trade decision. For example, suppose you find that OSK Holdings 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 |
OSK Holdings 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 OSK Holdings stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if OSK Holdings stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in OSK Holdings stock over time.
Current vs Lagged Prices |
| Timeline |
OSK Holdings Lagged Returns
When evaluating OSK Holdings' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of OSK Holdings stock have on its future price. OSK Holdings 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, OSK Holdings autocorrelation shows the relationship between OSK Holdings stock current value and its past values and can show if there is a momentum factor associated with investing in OSK Holdings Bhd.
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 OSK Stock
OSK Holdings financial ratios help investors to determine whether OSK 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 OSK with respect to the benefits of owning OSK Holdings security.