Oriental Land (Germany) Market Value
| OLL Stock | EUR 22.00 0.60 2.80% |
| Symbol | Oriental |
Oriental Land '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 Oriental Land'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 Oriental Land.
| 06/08/2023 |
| 11/29/2024 |
If you would invest 0.00 in Oriental Land on June 8, 2023 and sell it all today you would earn a total of 0.00 from holding Oriental Land Co or generate 0.0% return on investment in Oriental Land over 540 days. Oriental Land is related to or competes with Li Ning, Trip Group, Superior Plus, NMI Holdings, Origin Agritech, SIVERS SEMICONDUCTORS, and NorAm Drilling. Oriental Land Co., Ltd. operates and manages theme parks and hotels in Japan More
Oriental Land 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 Oriental Land'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 Oriental Land Co upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.84 | |||
| Information Ratio | 0.0663 | |||
| Maximum Drawdown | 46.29 | |||
| Value At Risk | (2.61) | |||
| Potential Upside | 1.89 |
Oriental Land Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Oriental Land's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Oriental Land's standard deviation. In reality, there are many statistical measures that can use Oriental Land historical prices to predict the future Oriental Land's volatility.| Risk Adjusted Performance | 0.077 | |||
| Jensen Alpha | 0.4335 | |||
| Total Risk Alpha | (0.35) | |||
| Sortino Ratio | 0.1966 | |||
| Treynor Ratio | 1.24 |
Oriental Land Backtested Returns
Oriental Land appears to be somewhat reliable, given 3 months investment horizon. Oriental Land maintains Sharpe Ratio (i.e., Efficiency) of 0.0977, which implies the firm had a 0.0977% return per unit of risk over the last 3 months. By analyzing Oriental Land's technical indicators, you can evaluate if the expected return of 0.54% is justified by implied risk. Please evaluate Oriental Land's Semi Deviation of 1.25, risk adjusted performance of 0.077, and Coefficient Of Variation of 1120.6 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Oriental Land holds a performance score of 7. The company holds a Beta of 0.39, which implies possible diversification benefits within a given portfolio. As returns on the market increase, Oriental Land's returns are expected to increase less than the market. However, during the bear market, the loss of holding Oriental Land is expected to be smaller as well. Please check Oriental Land's treynor ratio, downside variance, and the relationship between the total risk alpha and value at risk , to make a quick decision on whether Oriental Land's historical price patterns will revert.
Auto-correlation | 0.39 |
Below average predictability
Oriental Land Co has below average predictability. Overlapping area represents the amount of predictability between Oriental Land time series from 8th of June 2023 to 4th of March 2024 and 4th of March 2024 to 29th 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 Oriental Land price movement. The serial correlation of 0.39 indicates that just about 39.0% of current Oriental Land price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.39 | |
| Spearman Rank Test | 0.24 | |
| Residual Average | 0.0 | |
| Price Variance | 4.55 |
Oriental Land lagged returns against current returns
Autocorrelation, which is Oriental Land 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 Oriental Land's stock expected returns. We can calculate the autocorrelation of Oriental Land returns to help us make a trade decision. For example, suppose you find that Oriental Land 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 |
Oriental Land 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 Oriental Land stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Oriental Land stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Oriental Land stock over time.
Current vs Lagged Prices |
| Timeline |
Oriental Land Lagged Returns
When evaluating Oriental Land's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Oriental Land stock have on its future price. Oriental Land 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, Oriental Land autocorrelation shows the relationship between Oriental Land stock current value and its past values and can show if there is a momentum factor associated with investing in Oriental Land Co.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Oriental Stock
Oriental Land financial ratios help investors to determine whether Oriental 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 Oriental with respect to the benefits of owning Oriental Land security.