Omni Ventures Stock Market Value
| OMVE Stock | USD 0.0001 0.00 0.00% |
| Symbol | Omni |
Omni Ventures '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 Ventures' 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 Omni Ventures.
| 10/29/2024 |
| 11/28/2024 |
If you would invest 0.00 in Omni Ventures on October 29, 2024 and sell it all today you would earn a total of 0.00 from holding Omni Ventures or generate 0.0% return on investment in Omni Ventures over 30 days. Omni Ventures is related to or competes with Vince Holding, Ermenegildo Zegna, Columbia Sportswear, Gildan Activewear, and G III. Omni Ventures, Inc., through its subsidiary, PRVCY Couture, Inc., designs, manufactures, and sells mens and womens cloth... More
Omni Ventures 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 Ventures' 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 Omni Ventures upside and downside potential and time the market with a certain degree of confidence.
Omni Ventures Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Omni Ventures' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Omni Ventures' standard deviation. In reality, there are many statistical measures that can use Omni Ventures historical prices to predict the future Omni Ventures' volatility.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Omni Ventures' 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 Ventures Backtested Returns
We have found three technical indicators for Omni Ventures, which you can use to evaluate the volatility of the company. The company holds a Beta of 0.0, which implies not very significant fluctuations relative to the market. the returns on MARKET and Omni Ventures are completely uncorrelated.
Auto-correlation | 0.00 |
No correlation between past and present
Omni Ventures has no correlation between past and present. Overlapping area represents the amount of predictability between Omni Ventures time series from 29th of October 2024 to 13th of November 2024 and 13th of November 2024 to 28th 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 Omni Ventures price movement. The serial correlation of 0.0 indicates that just 0.0% of current Omni Ventures price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.0 | |
| Spearman Rank Test | 1.0 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Omni Ventures lagged returns against current returns
Autocorrelation, which is Omni Ventures 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 Omni Ventures' pink sheet expected returns. We can calculate the autocorrelation of Omni Ventures returns to help us make a trade decision. For example, suppose you find that Omni Ventures 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 |
Omni Ventures 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 Ventures pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Omni Ventures pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Omni Ventures pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Omni Ventures Lagged Returns
When evaluating Omni Ventures' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Omni Ventures pink sheet have on its future price. Omni Ventures 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 Ventures autocorrelation shows the relationship between Omni Ventures pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Omni Ventures.
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.Other Information on Investing in Omni Pink Sheet
Omni Ventures financial ratios help investors to determine whether Omni Pink Sheet 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 with respect to the benefits of owning Omni Ventures security.