Old Market Capital Stock Market Value
| OMCC Stock | 5.91 0.01 0.17% |
| Symbol | Old |
Is Banking 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 Old Market. If investors know Old 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 Old Market listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Old Market Capital is measured differently than its book value, which is the value of Old that is recorded on the company's balance sheet. Investors also form their own opinion of Old Market's value that differs from its market value or its book value, called intrinsic value, which is Old Market's 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 Old Market's market value can be influenced by many factors that don't directly affect Old Market's 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 Old Market's value and its price as these two are different measures arrived at by different means. Investors typically determine if Old Market is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Old Market's 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.
Old Market '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 Old Market'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 Old Market.
| 09/27/2024 |
| 11/26/2024 |
If you would invest 0.00 in Old Market on September 27, 2024 and sell it all today you would earn a total of 0.00 from holding Old Market Capital or generate 0.0% return on investment in Old Market over 60 days. Old Market is related to or competes with Synchrony Financial, Enova International, EZCORP, World Acceptance, FirstCash, FinVolution, and Federal Agricultural. Old Market is entity of United States. It is traded as Stock on NASDAQ exchange. More
Old Market 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 Old Market'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 Old Market Capital upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.68 | |||
| Information Ratio | (0.04) | |||
| Maximum Drawdown | 19.87 | |||
| Value At Risk | (3.74) | |||
| Potential Upside | 4.32 |
Old Market Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Old Market's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Old Market's standard deviation. In reality, there are many statistical measures that can use Old Market historical prices to predict the future Old Market's volatility.| Risk Adjusted Performance | 0.0121 | |||
| Jensen Alpha | 0.0508 | |||
| Total Risk Alpha | (0.43) | |||
| Sortino Ratio | (0.04) | |||
| Treynor Ratio | (0.02) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Old Market's 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.
Old Market Capital Backtested Returns
At this point, Old Market is slightly risky. Old Market Capital maintains Sharpe Ratio (i.e., Efficiency) of 0.0139, which implies the firm had a 0.0139% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Old Market Capital, which you can use to evaluate the volatility of the company. Please check Old Market's Semi Deviation of 2.41, risk adjusted performance of 0.0121, and Coefficient Of Variation of 15721.94 to confirm if the risk estimate we provide is consistent with the expected return of 0.0338%. Old Market has a performance score of 1 on a scale of 0 to 100. The company holds a Beta of -0.36, which implies possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Old Market are expected to decrease at a much lower rate. During the bear market, Old Market is likely to outperform the market. Old Market Capital right now holds a risk of 2.43%. Please check Old Market Capital coefficient of variation, maximum drawdown, skewness, as well as the relationship between the total risk alpha and downside variance , to decide if Old Market Capital will be following its historical price patterns.
Auto-correlation | -0.14 |
Insignificant reverse predictability
Old Market Capital has insignificant reverse predictability. Overlapping area represents the amount of predictability between Old Market time series from 27th of September 2024 to 27th of October 2024 and 27th of October 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 Old Market Capital price movement. The serial correlation of -0.14 indicates that less than 14.0% of current Old Market price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.14 | |
| Spearman Rank Test | -0.17 | |
| Residual Average | 0.0 | |
| Price Variance | 0.01 |
Old Market Capital lagged returns against current returns
Autocorrelation, which is Old Market 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 Old Market's stock expected returns. We can calculate the autocorrelation of Old Market returns to help us make a trade decision. For example, suppose you find that Old Market 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 |
Old Market 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 Old Market stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Old Market stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Old Market stock over time.
Current vs Lagged Prices |
| Timeline |
Old Market Lagged Returns
When evaluating Old Market's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Old Market stock have on its future price. Old Market 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, Old Market autocorrelation shows the relationship between Old Market stock current value and its past values and can show if there is a momentum factor associated with investing in Old Market Capital.
Regressed Prices |
| Timeline |
Also Currently Popular
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.When determining whether Old Market Capital offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Old Market's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Old Market Capital Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Old Market Capital Stock:Check out Old Market Correlation, Old Market Volatility and Old Market Alpha and Beta module to complement your research on Old Market. You can also try the Idea Analyzer module to analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas.
Old Market 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.