Omega Healthcare's market value is the price at which a share of Omega Healthcare trades on a public exchange. It measures the collective expectations of Omega Healthcare Investors, investors about its performance. Omega Healthcare is trading at 75.50 as of the 10th of January 2025, a 3.08% down since the beginning of the trading day. The stock's open price was 77.9. With this module, you can estimate the performance of a buy and hold strategy of Omega Healthcare Investors, and determine expected loss or profit from investing in Omega Healthcare over a given investment horizon. Check out Your Equity Center to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.
Symbol
Omega
Omega Healthcare '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 Omega Healthcare'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 Omega Healthcare.
0.00
04/15/2024
No Change 0.00
0.0
In 8 months and 28 days
01/10/2025
0.00
If you would invest 0.00 in Omega Healthcare on April 15, 2024 and sell it all today you would earn a total of 0.00 from holding Omega Healthcare Investors, or generate 0.0% return on investment in Omega Healthcare over 270 days.
Omega Healthcare 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 Omega Healthcare'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 Omega Healthcare Investors, upside and downside potential and time the market with a certain degree of confidence.
Today, many novice investors tend to focus exclusively on investment returns with little concern for Omega Healthcare's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Omega Healthcare's standard deviation. In reality, there are many statistical measures that can use Omega Healthcare historical prices to predict the future Omega Healthcare's volatility.
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Omega Healthcare. Your research has to be compared to or analyzed against Omega Healthcare's peers to derive any actionable benefits. When done correctly, Omega Healthcare's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Omega Healthcare Inv.
Omega Healthcare Inv Backtested Returns
At this point, Omega Healthcare is very steady. Omega Healthcare Inv maintains Sharpe Ratio (i.e., Efficiency) of 0.0333, which implies the firm had a 0.0333% return per unit of risk over the last 3 months. We have found thirty technical indicators for Omega Healthcare Inv, which you can use to evaluate the volatility of the company. Please check Omega Healthcare's Coefficient Of Variation of 2442.35, semi deviation of 1.58, and Risk Adjusted Performance of 0.038 to confirm if the risk estimate we provide is consistent with the expected return of 0.0615%. Omega Healthcare has a performance score of 2 on a scale of 0 to 100. The company holds a Beta of -0.15, which implies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Omega Healthcare are expected to decrease at a much lower rate. During the bear market, Omega Healthcare is likely to outperform the market. Omega Healthcare Inv right now holds a risk of 1.84%. Please check Omega Healthcare Inv standard deviation, total risk alpha, and the relationship between the coefficient of variation and jensen alpha , to decide if Omega Healthcare Inv will be following its historical price patterns.
Auto-correlation
0.55
Modest predictability
Omega Healthcare Investors, has modest predictability. Overlapping area represents the amount of predictability between Omega Healthcare time series from 15th of April 2024 to 28th of August 2024 and 28th of August 2024 to 10th of January 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 Omega Healthcare Inv price movement. The serial correlation of 0.55 indicates that about 55.0% of current Omega Healthcare price fluctuation can be explain by its past prices.
Correlation Coefficient
0.55
Spearman Rank Test
0.71
Residual Average
0.0
Price Variance
8.7
Omega Healthcare Inv lagged returns against current returns
Autocorrelation, which is Omega Healthcare 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 Omega Healthcare's stock expected returns. We can calculate the autocorrelation of Omega Healthcare returns to help us make a trade decision. For example, suppose you find that Omega Healthcare 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
Omega Healthcare 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 Omega Healthcare stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Omega Healthcare stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Omega Healthcare stock over time.
Current vs Lagged Prices
Timeline
Omega Healthcare Lagged Returns
When evaluating Omega Healthcare's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Omega Healthcare stock have on its future price. Omega Healthcare 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, Omega Healthcare autocorrelation shows the relationship between Omega Healthcare stock current value and its past values and can show if there is a momentum factor associated with investing in Omega Healthcare Investors,.
Regressed Prices
Timeline
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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.