Oneconstruction Group Limited Stock Market Value
| ONEG Stock | 2.82 0.30 11.90% |
| Symbol | OneConstruction |
Is Construction 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 OneConstruction Group. If investors know OneConstruction 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 OneConstruction Group 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 OneConstruction Group is measured differently than its book value, which is the value of OneConstruction that is recorded on the company's balance sheet. Investors also form their own opinion of OneConstruction Group's value that differs from its market value or its book value, called intrinsic value, which is OneConstruction Group'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 OneConstruction Group's market value can be influenced by many factors that don't directly affect OneConstruction Group'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 OneConstruction Group's value and its price as these two are different measures arrived at by different means. Investors typically determine if OneConstruction Group is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, OneConstruction Group'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.
OneConstruction Group '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 OneConstruction Group'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 OneConstruction Group.
| 11/01/2024 |
| 01/30/2025 |
If you would invest 0.00 in OneConstruction Group on November 1, 2024 and sell it all today you would earn a total of 0.00 from holding OneConstruction Group Limited or generate 0.0% return on investment in OneConstruction Group over 90 days. OneConstruction Group is related to or competes with Dream Finders, DR Horton, Everus Construction, Hovnanian Enterprises, Installed Building, KB Home, and Lennar. OneConstruction Group is entity of United States More
OneConstruction Group 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 OneConstruction Group'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 OneConstruction Group Limited upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.22) | |||
| Maximum Drawdown | 27.96 | |||
| Value At Risk | (8.79) | |||
| Potential Upside | 15.0 |
OneConstruction Group Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for OneConstruction Group's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as OneConstruction Group's standard deviation. In reality, there are many statistical measures that can use OneConstruction Group historical prices to predict the future OneConstruction Group's volatility.| Risk Adjusted Performance | (0.17) | |||
| Jensen Alpha | (1.91) | |||
| Total Risk Alpha | (2.70) | |||
| Treynor Ratio | 34.99 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of OneConstruction Group'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.
OneConstruction Group Backtested Returns
OneConstruction Group maintains Sharpe Ratio (i.e., Efficiency) of -0.14, which implies the firm had a -0.14 % return per unit of risk over the last 3 months. OneConstruction Group exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check OneConstruction Group's Risk Adjusted Performance of (0.17), coefficient of variation of (465.26), and Variance of 78.2 to confirm the risk estimate we provide. The company holds a Beta of -0.0546, which implies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning OneConstruction Group are expected to decrease at a much lower rate. During the bear market, OneConstruction Group is likely to outperform the market. At this point, OneConstruction Group has a negative expected return of -1.24%. Please make sure to check OneConstruction Group's skewness, and the relationship between the total risk alpha and rate of daily change , to decide if OneConstruction Group performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.00 |
No correlation between past and present
OneConstruction Group Limited has no correlation between past and present. Overlapping area represents the amount of predictability between OneConstruction Group time series from 1st of November 2024 to 16th of December 2024 and 16th of December 2024 to 30th of January 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 OneConstruction Group price movement. The serial correlation of 0.0 indicates that just 0.0% of current OneConstruction Group price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.0 | |
| Spearman Rank Test | 0.0 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
OneConstruction Group lagged returns against current returns
Autocorrelation, which is OneConstruction Group 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 OneConstruction Group's stock expected returns. We can calculate the autocorrelation of OneConstruction Group returns to help us make a trade decision. For example, suppose you find that OneConstruction Group 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 |
OneConstruction Group 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 OneConstruction Group stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if OneConstruction Group stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in OneConstruction Group stock over time.
Current vs Lagged Prices |
| Timeline |
OneConstruction Group Lagged Returns
When evaluating OneConstruction Group's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of OneConstruction Group stock have on its future price. OneConstruction Group 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, OneConstruction Group autocorrelation shows the relationship between OneConstruction Group stock current value and its past values and can show if there is a momentum factor associated with investing in OneConstruction Group Limited.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
When determining whether OneConstruction Group is a strong investment it is important to analyze OneConstruction Group's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact OneConstruction Group's future performance. For an informed investment choice regarding OneConstruction Stock, refer to the following important reports:Check out OneConstruction Group Correlation, OneConstruction Group Volatility and OneConstruction Group Alpha and Beta module to complement your research on OneConstruction Group. You can also try the Commodity Channel module to use Commodity Channel Index to analyze current equity momentum.
OneConstruction Group 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.