Omni Lite Industries Canada Stock Market Value
| OLNCF Stock | USD 1.12 0.04 3.45% |
| Symbol | Omni-Lite |
Omni-Lite Industries '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 Omni-Lite Industries' otc 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 Omni-Lite Industries.
| 06/28/2025 |
| 12/25/2025 |
If you would invest 0.00 in Omni-Lite Industries on June 28, 2025 and sell it all today you would earn a total of 0.00 from holding Omni Lite Industries Canada or generate 0.0% return on investment in Omni-Lite Industries over 180 days. Omni-Lite Industries is related to or competes with IBC Advanced, United Express, Moro Corp, Philly Shipyard, and Cardno. Omni-Lite Industries Canada Inc. develops, engineers, manufactures, markets, and sells precision components to Fortune 5... More
Omni-Lite Industries 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 Omni-Lite Industries' otc 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 Omni Lite Industries Canada upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.05) | |||
| Maximum Drawdown | 17.44 | |||
| Value At Risk | (6.06) | |||
| Potential Upside | 6.35 |
Omni-Lite Industries Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Omni-Lite Industries' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Omni-Lite Industries' standard deviation. In reality, there are many statistical measures that can use Omni-Lite Industries historical prices to predict the future Omni-Lite Industries' volatility.| Risk Adjusted Performance | (0.01) | |||
| Jensen Alpha | (0.13) | |||
| Total Risk Alpha | (0.41) | |||
| Treynor Ratio | (0.43) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Omni-Lite Industries' price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Omni Lite Industries Backtested Returns
Omni Lite Industries maintains Sharpe Ratio (i.e., Efficiency) of -0.0373, which implies the firm had a -0.0373 % return per unit of risk over the last 3 months. Omni Lite Industries exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Omni-Lite Industries' Coefficient Of Variation of (3,260), risk adjusted performance of (0.01), and Variance of 12.11 to confirm the risk estimate we provide. The company holds a Beta of 0.27, which implies not very significant fluctuations relative to the market. As returns on the market increase, Omni-Lite Industries' returns are expected to increase less than the market. However, during the bear market, the loss of holding Omni-Lite Industries is expected to be smaller as well. At this point, Omni Lite Industries has a negative expected return of -0.13%. Please make sure to check Omni-Lite Industries' rate of daily change, market facilitation index, as well as the relationship between the kurtosis and value at risk , to decide if Omni Lite Industries performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.59 |
Good reverse predictability
Omni Lite Industries Canada has good reverse predictability. Overlapping area represents the amount of predictability between Omni-Lite Industries time series from 28th of June 2025 to 26th of September 2025 and 26th of September 2025 to 25th of December 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Omni Lite Industries price movement. The serial correlation of -0.59 indicates that roughly 59.0% of current Omni-Lite Industries price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.59 | |
| Spearman Rank Test | -0.48 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Omni Lite Industries lagged returns against current returns
Autocorrelation, which is Omni-Lite Industries otc 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 Omni-Lite Industries' otc stock expected returns. We can calculate the autocorrelation of Omni-Lite Industries returns to help us make a trade decision. For example, suppose you find that Omni-Lite Industries has exhibited high autocorrelation historically, and you observe that the otc 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 |
Omni-Lite Industries 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 Omni-Lite Industries otc stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Omni-Lite Industries otc stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Omni-Lite Industries otc stock over time.
Current vs Lagged Prices |
| Timeline |
Omni-Lite Industries Lagged Returns
When evaluating Omni-Lite Industries' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Omni-Lite Industries otc stock have on its future price. Omni-Lite Industries 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, Omni-Lite Industries autocorrelation shows the relationship between Omni-Lite Industries otc stock current value and its past values and can show if there is a momentum factor associated with investing in Omni Lite Industries Canada.
Regressed Prices |
| Timeline |
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Other Information on Investing in Omni-Lite OTC Stock
Omni-Lite Industries financial ratios help investors to determine whether Omni-Lite OTC 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 Omni-Lite with respect to the benefits of owning Omni-Lite Industries security.