Omagine Stock Market Value
| OMAGQ Stock | USD 0 0.0001 6.25% |
| Symbol | Omagine |
Omagine '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 Omagine's pink sheet 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 Omagine.
| 11/29/2025 |
| 12/29/2025 |
If you would invest 0.00 in Omagine on November 29, 2025 and sell it all today you would earn a total of 0.00 from holding Omagine or generate 0.0% return on investment in Omagine over 30 days. Omagine, Inc., through its subsidiaries, focuses on the entertainment, hospitality, and real-estate development opportun... More
Omagine 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 Omagine's pink sheet 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 Omagine upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | 0.1211 | |||
| Maximum Drawdown | 3633.61 | |||
| Potential Upside | 6.25 |
Omagine Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Omagine's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Omagine's standard deviation. In reality, there are many statistical measures that can use Omagine historical prices to predict the future Omagine's volatility.| Risk Adjusted Performance | 0.0951 | |||
| Jensen Alpha | 59.64 | |||
| Total Risk Alpha | 6.11 | |||
| Treynor Ratio | (0.58) |
Omagine Backtested Returns
Omagine is out of control given 3 months investment horizon. Omagine maintains Sharpe Ratio (i.e., Efficiency) of 0.12, which implies the firm had a 0.12 % return per unit of risk over the last 3 months. We were able to analyze and collect data for twenty-one different technical indicators, which can help you to evaluate if expected returns of 14.85% are justified by taking the suggested risk. Use Omagine Risk Adjusted Performance of 0.0951, variance of 189724.47, and Coefficient Of Variation of 824.45 to evaluate company specific risk that cannot be diversified away. Omagine holds a performance score of 9 on a scale of zero to a hundred. The company holds a Beta of -90.69, which implies a somewhat significant risk relative to the market. As returns on the market increase, returns on owning Omagine are expected to decrease by larger amounts. On the other hand, during market turmoil, Omagine is expected to outperform it. Use Omagine information ratio, as well as the relationship between the kurtosis and price action indicator , to analyze future returns on Omagine.
Auto-correlation | 0.63 |
Good predictability
Omagine has good predictability. Overlapping area represents the amount of predictability between Omagine time series from 29th of November 2025 to 14th of December 2025 and 14th of December 2025 to 29th 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 Omagine price movement. The serial correlation of 0.63 indicates that roughly 63.0% of current Omagine price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.63 | |
| Spearman Rank Test | 1.0 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Omagine lagged returns against current returns
Autocorrelation, which is Omagine pink sheet'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 Omagine's pink sheet expected returns. We can calculate the autocorrelation of Omagine returns to help us make a trade decision. For example, suppose you find that Omagine has exhibited high autocorrelation historically, and you observe that the pink sheet 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 |
Omagine 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 Omagine pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Omagine pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Omagine pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Omagine Lagged Returns
When evaluating Omagine's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Omagine pink sheet have on its future price. Omagine 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, Omagine autocorrelation shows the relationship between Omagine pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Omagine.
Regressed Prices |
| Timeline |
Pair Trading with Omagine
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Omagine position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Omagine will appreciate offsetting losses from the drop in the long position's value.Moving against Omagine Pink Sheet
| 0.49 | CRBJY | China Resources Land | PairCorr |
| 0.4 | CHKGF | CK Asset Holdings | PairCorr |
| 0.34 | OP | Oceanpal Symbol Change | PairCorr |
The ability to find closely correlated positions to Omagine could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Omagine when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Omagine - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Omagine to buy it.
The correlation of Omagine is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Omagine moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Omagine moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Omagine can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Additional Tools for Omagine Pink Sheet Analysis
When running Omagine's price analysis, check to measure Omagine'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 Omagine is operating at the current time. Most of Omagine's value examination focuses on studying past and present price action to predict the probability of Omagine's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Omagine's price. Additionally, you may evaluate how the addition of Omagine to your portfolios can decrease your overall portfolio volatility.