Online Vacation Center Stock Market Value
| ONVC Stock | USD 2.14 0.14 7.00% |
| Symbol | Online |
Online Vacation '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 Online Vacation's otc 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 Online Vacation.
| 05/09/2023 |
| 11/29/2024 |
If you would invest 0.00 in Online Vacation on May 9, 2023 and sell it all today you would earn a total of 0.00 from holding Online Vacation Center or generate 0.0% return on investment in Online Vacation over 570 days. Online Vacation is related to or competes with Booking Holdings, TripAdvisor, Airbnb, Royal Caribbean, Norwegian Cruise, Carnival, and Expedia. Online Vacation Center Holdings Corp., through its subsidiaries, provides vacation travel and marketing services in the ... More
Online Vacation 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 Online Vacation's otc 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 Online Vacation Center upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 15.5 | |||
| Information Ratio | 0.1015 | |||
| Maximum Drawdown | 39.08 | |||
| Value At Risk | (14.29) | |||
| Potential Upside | 20.71 |
Online Vacation Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Online Vacation's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Online Vacation's standard deviation. In reality, there are many statistical measures that can use Online Vacation historical prices to predict the future Online Vacation's volatility.| Risk Adjusted Performance | 0.0987 | |||
| Jensen Alpha | 0.9856 | |||
| Total Risk Alpha | (0.28) | |||
| Sortino Ratio | 0.0533 | |||
| Treynor Ratio | (2.44) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Online Vacation'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.
Online Vacation Center Backtested Returns
Online Vacation appears to be extremely dangerous, given 3 months investment horizon. Online Vacation Center maintains Sharpe Ratio (i.e., Efficiency) of 0.083, which implies the firm had a 0.083% return per unit of risk over the last 3 months. By analyzing Online Vacation's technical indicators, you can evaluate if the expected return of 0.66% is justified by implied risk. Please evaluate Online Vacation's Coefficient Of Variation of 855.17, semi deviation of 4.49, and Risk Adjusted Performance of 0.0987 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Online Vacation holds a performance score of 6. The company holds a Beta of -0.39, which implies possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Online Vacation are expected to decrease at a much lower rate. During the bear market, Online Vacation is likely to outperform the market. Please check Online Vacation's sortino ratio, skewness, relative strength index, as well as the relationship between the potential upside and day median price , to make a quick decision on whether Online Vacation's historical price patterns will revert.
Auto-correlation | -0.14 |
Insignificant reverse predictability
Online Vacation Center has insignificant reverse predictability. Overlapping area represents the amount of predictability between Online Vacation time series from 9th of May 2023 to 18th of February 2024 and 18th of February 2024 to 29th 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 Online Vacation Center price movement. The serial correlation of -0.14 indicates that less than 14.0% of current Online Vacation price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.14 | |
| Spearman Rank Test | 0.31 | |
| Residual Average | 0.0 | |
| Price Variance | 0.08 |
Online Vacation Center lagged returns against current returns
Autocorrelation, which is Online Vacation otc 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 Online Vacation's otc stock expected returns. We can calculate the autocorrelation of Online Vacation returns to help us make a trade decision. For example, suppose you find that Online Vacation has exhibited high autocorrelation historically, and you observe that the otc 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 |
Online Vacation 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 Online Vacation otc stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Online Vacation otc stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Online Vacation otc stock over time.
Current vs Lagged Prices |
| Timeline |
Online Vacation Lagged Returns
When evaluating Online Vacation's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Online Vacation otc stock have on its future price. Online Vacation 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, Online Vacation autocorrelation shows the relationship between Online Vacation otc stock current value and its past values and can show if there is a momentum factor associated with investing in Online Vacation Center.
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 Online OTC Stock
Online Vacation financial ratios help investors to determine whether Online OTC Stock 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 Online with respect to the benefits of owning Online Vacation security.