Oculis Holding Ag Stock Market Value
| OCSAW Stock | 4.25 0.10 2.30% |
| Symbol | Oculis |
Is Biotechnology space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Oculis Holding. If investors know Oculis will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Oculis Holding listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Oculis Holding AG is measured differently than its book value, which is the value of Oculis that is recorded on the company's balance sheet. Investors also form their own opinion of Oculis Holding's value that differs from its market value or its book value, called intrinsic value, which is Oculis Holding's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Oculis Holding's market value can be influenced by many factors that don't directly affect Oculis Holding's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Oculis Holding's value and its price as these two are different measures arrived at by different means. Investors typically determine if Oculis Holding is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Oculis Holding's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
Oculis Holding '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 Oculis Holding'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 Oculis Holding.
| 12/13/2022 |
| 12/02/2024 |
If you would invest 0.00 in Oculis Holding on December 13, 2022 and sell it all today you would earn a total of 0.00 from holding Oculis Holding AG or generate 0.0% return on investment in Oculis Holding over 720 days. Oculis Holding is related to or competes with DiaMedica Therapeutics, Lyra Therapeutics, and Centessa Pharmaceuticals. Oculis Holding is entity of United States More
Oculis Holding 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 Oculis Holding'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 Oculis Holding AG upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 9.62 | |||
| Information Ratio | 0.1422 | |||
| Maximum Drawdown | 63.8 | |||
| Value At Risk | (15.68) | |||
| Potential Upside | 25.0 |
Oculis Holding Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Oculis Holding's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Oculis Holding's standard deviation. In reality, there are many statistical measures that can use Oculis Holding historical prices to predict the future Oculis Holding's volatility.| Risk Adjusted Performance | 0.1277 | |||
| Jensen Alpha | 1.8 | |||
| Total Risk Alpha | (0.14) | |||
| Sortino Ratio | 0.1606 | |||
| Treynor Ratio | (1.64) |
Oculis Holding AG Backtested Returns
Oculis Holding is out of control given 3 months investment horizon. Oculis Holding AG maintains Sharpe Ratio (i.e., Efficiency) of 0.13, which implies the firm had a 0.13% return per unit of risk over the last 3 months. We were able to analyze twenty-nine different technical indicators, which can help you to evaluate if expected returns of 18.23% are justified by taking the suggested risk. Use Oculis Holding Coefficient Of Variation of 645.69, semi deviation of 6.05, and Risk Adjusted Performance of 0.1277 to evaluate company specific risk that cannot be diversified away. Oculis Holding holds a performance score of 10 on a scale of zero to a hundred. The company holds a Beta of -1.02, which implies a somewhat significant risk relative to the market. As the market becomes more bullish, returns on owning Oculis Holding are expected to decrease slowly. On the other hand, during market turmoil, Oculis Holding is expected to outperform it slightly. Use Oculis Holding downside variance, as well as the relationship between the accumulation distribution and market facilitation index , to analyze future returns on Oculis Holding.
Auto-correlation | 0.28 |
Poor predictability
Oculis Holding AG has poor predictability. Overlapping area represents the amount of predictability between Oculis Holding time series from 13th of December 2022 to 8th of December 2023 and 8th of December 2023 to 2nd 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 Oculis Holding AG price movement. The serial correlation of 0.28 indicates that nearly 28.0% of current Oculis Holding price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.28 | |
| Spearman Rank Test | 0.29 | |
| Residual Average | 0.0 | |
| Price Variance | 1.44 |
Oculis Holding AG lagged returns against current returns
Autocorrelation, which is Oculis Holding 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 Oculis Holding's stock expected returns. We can calculate the autocorrelation of Oculis Holding returns to help us make a trade decision. For example, suppose you find that Oculis Holding 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 |
Oculis Holding 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 Oculis Holding stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Oculis Holding stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Oculis Holding stock over time.
Current vs Lagged Prices |
| Timeline |
Oculis Holding Lagged Returns
When evaluating Oculis Holding's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Oculis Holding stock have on its future price. Oculis Holding 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, Oculis Holding autocorrelation shows the relationship between Oculis Holding stock current value and its past values and can show if there is a momentum factor associated with investing in Oculis Holding AG.
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.Additional Tools for Oculis Stock Analysis
When running Oculis Holding's price analysis, check to measure Oculis Holding's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Oculis Holding is operating at the current time. Most of Oculis Holding's value examination focuses on studying past and present price action to predict the probability of Oculis Holding's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Oculis Holding's price. Additionally, you may evaluate how the addition of Oculis Holding to your portfolios can decrease your overall portfolio volatility.