Optex Systems Holdings, Stock Market Value
| OPXS Stock | USD 6.31 0.01 0.16% |
| Symbol | Optex |
Optex Systems Holdings, Price To Book Ratio
Is Aerospace & Defense 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 Optex Systems. If investors know Optex 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 Optex Systems listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 1.076 | Earnings Share 0.55 | Revenue Per Share | Quarterly Revenue Growth 0.263 | Return On Assets |
The market value of Optex Systems Holdings, is measured differently than its book value, which is the value of Optex that is recorded on the company's balance sheet. Investors also form their own opinion of Optex Systems' value that differs from its market value or its book value, called intrinsic value, which is Optex Systems' 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 Optex Systems' market value can be influenced by many factors that don't directly affect Optex Systems' 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 Optex Systems' value and its price as these two are different measures arrived at by different means. Investors typically determine if Optex Systems is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Optex Systems' 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.
Optex Systems '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 Optex Systems' 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 Optex Systems.
| 12/22/2024 |
| 01/21/2025 |
If you would invest 0.00 in Optex Systems on December 22, 2024 and sell it all today you would earn a total of 0.00 from holding Optex Systems Holdings, or generate 0.0% return on investment in Optex Systems over 30 days. Optex Systems is related to or competes with CPI Aerostructures, VirTra, Innovative Solutions, Tat Techno, Air Industries, Nauticus Robotics, and Astronics. Optex Systems Holdings, Inc. manufactures and sells optical sighting systems and assemblies primarily for the U.S More
Optex Systems 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 Optex Systems' 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 Optex Systems Holdings, upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.08) | |||
| Maximum Drawdown | 21.06 | |||
| Value At Risk | (9.29) | |||
| Potential Upside | 7.57 |
Optex Systems Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Optex Systems' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Optex Systems' standard deviation. In reality, there are many statistical measures that can use Optex Systems historical prices to predict the future Optex Systems' volatility.| Risk Adjusted Performance | (0.06) | |||
| Jensen Alpha | (0.33) | |||
| Total Risk Alpha | (0.44) | |||
| Treynor Ratio | 1.87 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Optex Systems' 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.
Optex Systems Holdings, Backtested Returns
Optex Systems Holdings, maintains Sharpe Ratio (i.e., Efficiency) of -0.13, which implies the firm had a -0.13 % return per unit of risk over the last 3 months. Optex Systems Holdings, exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Optex Systems' Risk Adjusted Performance of (0.06), variance of 18.39, and Coefficient Of Variation of (1,307) to confirm the risk estimate we provide. The company holds a Beta of -0.18, which implies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Optex Systems are expected to decrease at a much lower rate. During the bear market, Optex Systems is likely to outperform the market. At this point, Optex Systems Holdings, has a negative expected return of -0.5%. Please make sure to check Optex Systems' maximum drawdown, daily balance of power, as well as the relationship between the Daily Balance Of Power and period momentum indicator , to decide if Optex Systems Holdings, performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.95 |
Excellent predictability
Optex Systems Holdings, has excellent predictability. Overlapping area represents the amount of predictability between Optex Systems time series from 22nd of December 2024 to 6th of January 2025 and 6th of January 2025 to 21st 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 Optex Systems Holdings, price movement. The serial correlation of 0.95 indicates that approximately 95.0% of current Optex Systems price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.95 | |
| Spearman Rank Test | 0.9 | |
| Residual Average | 0.0 | |
| Price Variance | 0.07 |
Optex Systems Holdings, lagged returns against current returns
Autocorrelation, which is Optex Systems 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 Optex Systems' stock expected returns. We can calculate the autocorrelation of Optex Systems returns to help us make a trade decision. For example, suppose you find that Optex Systems 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 |
Optex Systems 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 Optex Systems stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Optex Systems stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Optex Systems stock over time.
Current vs Lagged Prices |
| Timeline |
Optex Systems Lagged Returns
When evaluating Optex Systems' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Optex Systems stock have on its future price. Optex Systems 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, Optex Systems autocorrelation shows the relationship between Optex Systems stock current value and its past values and can show if there is a momentum factor associated with investing in Optex Systems Holdings,.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Additional Tools for Optex Stock Analysis
When running Optex Systems' price analysis, check to measure Optex Systems' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Optex Systems is operating at the current time. Most of Optex Systems' value examination focuses on studying past and present price action to predict the probability of Optex Systems' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Optex Systems' price. Additionally, you may evaluate how the addition of Optex Systems to your portfolios can decrease your overall portfolio volatility.