Oriola Oyj (Germany) Market Value
| O5O Stock | EUR 0.90 0.04 4.65% |
| Symbol | Oriola |
Oriola Oyj '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 Oriola Oyj'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 Oriola Oyj.
| 12/15/2022 |
| 12/04/2024 |
If you would invest 0.00 in Oriola Oyj on December 15, 2022 and sell it all today you would earn a total of 0.00 from holding Oriola Oyj or generate 0.0% return on investment in Oriola Oyj over 720 days. Oriola Oyj is related to or competes with Alibaba Health, Beijing Tong, Rite Aid. Oriola Oyj provides healthcare and wellbeing products in Sweden, Finland, and internationally.The company offers various... More
Oriola Oyj 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 Oriola Oyj'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 Oriola Oyj upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.10) | |||
| Maximum Drawdown | 7.82 | |||
| Value At Risk | (2.20) | |||
| Potential Upside | 3.33 |
Oriola Oyj Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Oriola Oyj's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Oriola Oyj's standard deviation. In reality, there are many statistical measures that can use Oriola Oyj historical prices to predict the future Oriola Oyj's volatility.| Risk Adjusted Performance | (0.02) | |||
| Jensen Alpha | (0.06) | |||
| Total Risk Alpha | (0.28) | |||
| Treynor Ratio | 0.9777 |
Oriola Oyj Backtested Returns
Oriola Oyj maintains Sharpe Ratio (i.e., Efficiency) of -0.0132, which implies the firm had a -0.0132% return per unit of risk over the last 3 months. Oriola Oyj exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Oriola Oyj's Variance of 2.56, coefficient of variation of (3,006), and Risk Adjusted Performance of (0.02) to confirm the risk estimate we provide. The company holds a Beta of -0.0647, which implies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Oriola Oyj are expected to decrease at a much lower rate. During the bear market, Oriola Oyj is likely to outperform the market. At this point, Oriola Oyj has a negative expected return of -0.0212%. Please make sure to check Oriola Oyj's information ratio, total risk alpha, maximum drawdown, as well as the relationship between the jensen alpha and treynor ratio , to decide if Oriola Oyj performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.66 |
Good predictability
Oriola Oyj has good predictability. Overlapping area represents the amount of predictability between Oriola Oyj time series from 15th of December 2022 to 10th of December 2023 and 10th of December 2023 to 4th 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 Oriola Oyj price movement. The serial correlation of 0.66 indicates that around 66.0% of current Oriola Oyj price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.66 | |
| Spearman Rank Test | 0.66 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Oriola Oyj lagged returns against current returns
Autocorrelation, which is Oriola Oyj 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 Oriola Oyj's stock expected returns. We can calculate the autocorrelation of Oriola Oyj returns to help us make a trade decision. For example, suppose you find that Oriola Oyj 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 |
Oriola Oyj 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 Oriola Oyj stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Oriola Oyj stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Oriola Oyj stock over time.
Current vs Lagged Prices |
| Timeline |
Oriola Oyj Lagged Returns
When evaluating Oriola Oyj's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Oriola Oyj stock have on its future price. Oriola Oyj 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, Oriola Oyj autocorrelation shows the relationship between Oriola Oyj stock current value and its past values and can show if there is a momentum factor associated with investing in Oriola Oyj.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Oriola Stock
Oriola Oyj financial ratios help investors to determine whether Oriola 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 Oriola with respect to the benefits of owning Oriola Oyj security.