Origin Enterprises (Germany) Market Value
| OIZ Stock | EUR 2.91 0.07 2.35% |
| Symbol | Origin |
Origin Enterprises '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 Origin Enterprises' 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 Origin Enterprises.
| 07/05/2023 |
| 11/26/2024 |
If you would invest 0.00 in Origin Enterprises on July 5, 2023 and sell it all today you would earn a total of 0.00 from holding Origin Enterprises plc or generate 0.0% return on investment in Origin Enterprises over 510 days. Origin Enterprises is related to or competes with Postal Savings, Home Depot, M/I Homes, Marie Brizard, Autohome, HomeToGo, and Neinor Homes. More
Origin Enterprises 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 Origin Enterprises' 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 Origin Enterprises plc upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.11) | |||
| Maximum Drawdown | 11.26 | |||
| Value At Risk | (1.46) | |||
| Potential Upside | 1.89 |
Origin Enterprises Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Origin Enterprises' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Origin Enterprises' standard deviation. In reality, there are many statistical measures that can use Origin Enterprises historical prices to predict the future Origin Enterprises' volatility.| Risk Adjusted Performance | (0.01) | |||
| Jensen Alpha | (0.03) | |||
| Total Risk Alpha | (0.24) | |||
| Treynor Ratio | 10.22 |
Origin Enterprises plc Backtested Returns
Origin Enterprises plc maintains Sharpe Ratio (i.e., Efficiency) of -0.11, which implies the firm had a -0.11% return per unit of risk over the last 3 months. Origin Enterprises plc exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Origin Enterprises' Variance of 1.72, risk adjusted performance of (0.01), and Coefficient Of Variation of (6,054) to confirm the risk estimate we provide. The company holds a Beta of -0.0031, which implies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Origin Enterprises are expected to decrease at a much lower rate. During the bear market, Origin Enterprises is likely to outperform the market. At this point, Origin Enterprises plc has a negative expected return of -0.13%. Please make sure to check Origin Enterprises' information ratio, potential upside, rate of daily change, as well as the relationship between the total risk alpha and kurtosis , to decide if Origin Enterprises plc performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.42 |
Average predictability
Origin Enterprises plc has average predictability. Overlapping area represents the amount of predictability between Origin Enterprises time series from 5th of July 2023 to 16th of March 2024 and 16th of March 2024 to 26th of November 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 Origin Enterprises plc price movement. The serial correlation of 0.42 indicates that just about 42.0% of current Origin Enterprises price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.42 | |
| Spearman Rank Test | 0.1 | |
| Residual Average | 0.0 | |
| Price Variance | 0.02 |
Origin Enterprises plc lagged returns against current returns
Autocorrelation, which is Origin Enterprises 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 Origin Enterprises' stock expected returns. We can calculate the autocorrelation of Origin Enterprises returns to help us make a trade decision. For example, suppose you find that Origin Enterprises 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 |
Origin Enterprises 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 Origin Enterprises stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Origin Enterprises stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Origin Enterprises stock over time.
Current vs Lagged Prices |
| Timeline |
Origin Enterprises Lagged Returns
When evaluating Origin Enterprises' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Origin Enterprises stock have on its future price. Origin Enterprises 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, Origin Enterprises autocorrelation shows the relationship between Origin Enterprises stock current value and its past values and can show if there is a momentum factor associated with investing in Origin Enterprises plc.
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.Other Information on Investing in Origin Stock
Origin Enterprises financial ratios help investors to determine whether Origin 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 Origin with respect to the benefits of owning Origin Enterprises security.