Ohmyhome Limited Ordinary Stock Market Value
| OMH Stock | 0.38 0.01 2.56% |
| Symbol | Ohmyhome |
Ohmyhome Limited Ordinary Price To Book Ratio
Is Real Estate Management & Development 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 Ohmyhome Limited. If investors know Ohmyhome 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 Ohmyhome Limited listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.22) | Revenue Per Share 0.379 | Quarterly Revenue Growth 1.063 | Return On Assets (0.36) | Return On Equity (0.82) |
The market value of Ohmyhome Limited Ordinary is measured differently than its book value, which is the value of Ohmyhome that is recorded on the company's balance sheet. Investors also form their own opinion of Ohmyhome Limited's value that differs from its market value or its book value, called intrinsic value, which is Ohmyhome Limited'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 Ohmyhome Limited's market value can be influenced by many factors that don't directly affect Ohmyhome Limited'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 Ohmyhome Limited's value and its price as these two are different measures arrived at by different means. Investors typically determine if Ohmyhome Limited is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Ohmyhome Limited'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.
Ohmyhome Limited '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 Ohmyhome Limited'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 Ohmyhome Limited.
| 01/31/2024 |
| 11/26/2024 |
If you would invest 0.00 in Ohmyhome Limited on January 31, 2024 and sell it all today you would earn a total of 0.00 from holding Ohmyhome Limited Ordinary or generate 0.0% return on investment in Ohmyhome Limited over 300 days. Ohmyhome Limited is related to or competes with MDJM, Fangdd Network, Ucommune International, Redfin Corp, Offerpad Solutions, EXp World, and Kennedy Wilson. Ohmyhome Limited is entity of United States More
Ohmyhome Limited 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 Ohmyhome Limited'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 Ohmyhome Limited Ordinary upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.06) | |||
| Maximum Drawdown | 33.03 | |||
| Value At Risk | (7.69) | |||
| Potential Upside | 8.7 |
Ohmyhome Limited Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Ohmyhome Limited's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Ohmyhome Limited's standard deviation. In reality, there are many statistical measures that can use Ohmyhome Limited historical prices to predict the future Ohmyhome Limited's volatility.| Risk Adjusted Performance | (0.02) | |||
| Jensen Alpha | (0.35) | |||
| Total Risk Alpha | (1.09) | |||
| Treynor Ratio | (0.19) |
Ohmyhome Limited Ordinary Backtested Returns
Ohmyhome Limited Ordinary maintains Sharpe Ratio (i.e., Efficiency) of -0.0142, which implies the firm had a -0.0142% return per unit of risk over the last 3 months. Ohmyhome Limited Ordinary exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Ohmyhome Limited's Coefficient Of Variation of (2,720), risk adjusted performance of (0.02), and Variance of 31.4 to confirm the risk estimate we provide. The company holds a Beta of 1.13, which implies a somewhat significant risk relative to the market. Ohmyhome Limited returns are very sensitive to returns on the market. As the market goes up or down, Ohmyhome Limited is expected to follow. At this point, Ohmyhome Limited Ordinary has a negative expected return of -0.0806%. Please make sure to check Ohmyhome Limited's total risk alpha, skewness, as well as the relationship between the Skewness and day median price , to decide if Ohmyhome Limited Ordinary performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.71 |
Good predictability
Ohmyhome Limited Ordinary has good predictability. Overlapping area represents the amount of predictability between Ohmyhome Limited time series from 31st of January 2024 to 29th of June 2024 and 29th of June 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 Ohmyhome Limited Ordinary price movement. The serial correlation of 0.71 indicates that around 71.0% of current Ohmyhome Limited price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.71 | |
| Spearman Rank Test | 0.71 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Ohmyhome Limited Ordinary lagged returns against current returns
Autocorrelation, which is Ohmyhome Limited 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 Ohmyhome Limited's stock expected returns. We can calculate the autocorrelation of Ohmyhome Limited returns to help us make a trade decision. For example, suppose you find that Ohmyhome Limited 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 |
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Ohmyhome Limited 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 Ohmyhome Limited stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Ohmyhome Limited stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Ohmyhome Limited stock over time.
Current vs Lagged Prices |
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Ohmyhome Limited Lagged Returns
When evaluating Ohmyhome Limited's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Ohmyhome Limited stock have on its future price. Ohmyhome Limited 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, Ohmyhome Limited autocorrelation shows the relationship between Ohmyhome Limited stock current value and its past values and can show if there is a momentum factor associated with investing in Ohmyhome Limited Ordinary.
Regressed Prices |
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Currently Active Assets on Macroaxis
When determining whether Ohmyhome Limited Ordinary offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Ohmyhome Limited'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 Ohmyhome Limited Ordinary Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Ohmyhome Limited Ordinary Stock:Check out Ohmyhome Limited Correlation, Ohmyhome Limited Volatility and Ohmyhome Limited Alpha and Beta module to complement your research on Ohmyhome Limited. You can also try the Earnings Calls module to check upcoming earnings announcements updated hourly across public exchanges.
Ohmyhome Limited 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.