Ossiam Lux (UK) Market Value
| CAPU Etf | 123,871 224.00 0.18% |
| Symbol | Ossiam |
Ossiam Lux '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 Ossiam Lux's etf 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 Ossiam Lux.
| 01/28/2025 |
| 02/27/2025 |
If you would invest 0.00 in Ossiam Lux on January 28, 2025 and sell it all today you would earn a total of 0.00 from holding Ossiam Lux or generate 0.0% return on investment in Ossiam Lux over 30 days. Ossiam Lux is related to or competes with Ossiam Europe, Ossiam Minimum, and Ossiam Shiller. More
Ossiam Lux 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 Ossiam Lux's etf 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 Ossiam Lux upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.5907 | |||
| Information Ratio | 0.0392 | |||
| Maximum Drawdown | 2.58 | |||
| Value At Risk | (0.71) | |||
| Potential Upside | 0.9526 |
Ossiam Lux Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Ossiam Lux's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Ossiam Lux's standard deviation. In reality, there are many statistical measures that can use Ossiam Lux historical prices to predict the future Ossiam Lux's volatility.| Risk Adjusted Performance | 0.0304 | |||
| Jensen Alpha | 0.0157 | |||
| Total Risk Alpha | 0.0205 | |||
| Sortino Ratio | 0.0372 | |||
| Treynor Ratio | 0.5026 |
Ossiam Lux Backtested Returns
Currently, Ossiam Lux is very steady. Ossiam Lux maintains Sharpe Ratio (i.e., Efficiency) of 0.0455, which implies the entity had a 0.0455 % return per unit of risk over the last 3 months. We have found thirty technical indicators for Ossiam Lux, which you can use to evaluate the volatility of the etf. Please check Ossiam Lux's Semi Deviation of 0.516, coefficient of variation of 2199.47, and Risk Adjusted Performance of 0.0304 to confirm if the risk estimate we provide is consistent with the expected return of 0.0255%. The etf holds a Beta of 0.0309, which implies not very significant fluctuations relative to the market. As returns on the market increase, Ossiam Lux's returns are expected to increase less than the market. However, during the bear market, the loss of holding Ossiam Lux is expected to be smaller as well.
Auto-correlation | -0.42 |
Modest reverse predictability
Ossiam Lux has modest reverse predictability. Overlapping area represents the amount of predictability between Ossiam Lux time series from 28th of January 2025 to 12th of February 2025 and 12th of February 2025 to 27th 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 Ossiam Lux price movement. The serial correlation of -0.42 indicates that just about 42.0% of current Ossiam Lux price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.42 | |
| Spearman Rank Test | -0.62 | |
| Residual Average | 0.0 | |
| Price Variance | 567.2 K |
Ossiam Lux lagged returns against current returns
Autocorrelation, which is Ossiam Lux etf'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 Ossiam Lux's etf expected returns. We can calculate the autocorrelation of Ossiam Lux returns to help us make a trade decision. For example, suppose you find that Ossiam Lux has exhibited high autocorrelation historically, and you observe that the etf 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 |
Ossiam Lux 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 Ossiam Lux etf is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Ossiam Lux etf is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Ossiam Lux etf over time.
Current vs Lagged Prices |
| Timeline |
Ossiam Lux Lagged Returns
When evaluating Ossiam Lux's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Ossiam Lux etf have on its future price. Ossiam Lux 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, Ossiam Lux autocorrelation shows the relationship between Ossiam Lux etf current value and its past values and can show if there is a momentum factor associated with investing in Ossiam Lux .
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 Ossiam Etf
Ossiam Lux financial ratios help investors to determine whether Ossiam Etf 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 Ossiam with respect to the benefits of owning Ossiam Lux security.