Onelife Technologies Corp Stock Market Value
OneLife Technologies' market value is the price at which a share of OneLife Technologies trades on a public exchange. It measures the collective expectations of OneLife Technologies Corp investors about its performance. With this module, you can estimate the performance of a buy and hold strategy of OneLife Technologies Corp and determine expected loss or profit from investing in OneLife Technologies over a given investment horizon. Check out OneLife Technologies Correlation, OneLife Technologies Volatility and OneLife Technologies Alpha and Beta module to complement your research on OneLife Technologies.
| Symbol | OneLife |
OneLife Technologies Corp Price To Book Ratio
Is Health Care Technology 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 OneLife Technologies. If investors know OneLife 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 OneLife Technologies listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Return On Assets (1.25) |
The market value of OneLife Technologies Corp is measured differently than its book value, which is the value of OneLife that is recorded on the company's balance sheet. Investors also form their own opinion of OneLife Technologies' value that differs from its market value or its book value, called intrinsic value, which is OneLife Technologies' 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 OneLife Technologies' market value can be influenced by many factors that don't directly affect OneLife Technologies' 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 OneLife Technologies' value and its price as these two are different measures arrived at by different means. Investors typically determine if OneLife Technologies is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, OneLife Technologies' 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.
OneLife Technologies '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 OneLife Technologies' 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 OneLife Technologies.
| 06/04/2024 |
| 12/01/2024 |
If you would invest 0.00 in OneLife Technologies on June 4, 2024 and sell it all today you would earn a total of 0.00 from holding OneLife Technologies Corp or generate 0.0% return on investment in OneLife Technologies over 180 days. OneLife Technologies is related to or competes with Certara, HealthStream, and National Research. OneLife Technologies Corp. operates as a mobile medical hardware, software, and data collection company in the United St... More
OneLife Technologies 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 OneLife Technologies' 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 OneLife Technologies Corp upside and downside potential and time the market with a certain degree of confidence.
OneLife Technologies Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for OneLife Technologies' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as OneLife Technologies' standard deviation. In reality, there are many statistical measures that can use OneLife Technologies historical prices to predict the future OneLife Technologies' volatility.OneLife Technologies Corp Backtested Returns
OneLife Technologies Corp 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. OneLife Technologies Corp exposes zero different technical indicators, which can help you to evaluate volatility embedded in its price movement. The company holds a Beta of 0.0, which implies not very significant fluctuations relative to the market. the returns on MARKET and OneLife Technologies are completely uncorrelated.
Auto-correlation | 0.00 |
No correlation between past and present
OneLife Technologies Corp has no correlation between past and present. Overlapping area represents the amount of predictability between OneLife Technologies time series from 4th of June 2024 to 2nd of September 2024 and 2nd of September 2024 to 1st 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 OneLife Technologies Corp price movement. The serial correlation of 0.0 indicates that just 0.0% of current OneLife Technologies price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.0 | |
| Spearman Rank Test | 0.41 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
OneLife Technologies Corp lagged returns against current returns
Autocorrelation, which is OneLife Technologies 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 OneLife Technologies' stock expected returns. We can calculate the autocorrelation of OneLife Technologies returns to help us make a trade decision. For example, suppose you find that OneLife Technologies 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 |
OneLife Technologies 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 OneLife Technologies stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if OneLife Technologies stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in OneLife Technologies stock over time.
Current vs Lagged Prices |
| Timeline |
OneLife Technologies Lagged Returns
When evaluating OneLife Technologies' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of OneLife Technologies stock have on its future price. OneLife Technologies 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, OneLife Technologies autocorrelation shows the relationship between OneLife Technologies stock current value and its past values and can show if there is a momentum factor associated with investing in OneLife Technologies Corp.
Regressed Prices |
| Timeline |
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Try AI Portfolio ArchitectCheck out OneLife Technologies Correlation, OneLife Technologies Volatility and OneLife Technologies Alpha and Beta module to complement your research on OneLife Technologies. You can also try the Risk-Return Analysis module to view associations between returns expected from investment and the risk you assume.
OneLife Technologies technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.