Oracle Cdr Stock Market Value
| ORAC Stock | 9.92 0.08 0.81% |
| Symbol | Oracle |
Oracle CDR '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 Oracle CDR'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 Oracle CDR.
| 01/08/2024 |
| 12/28/2025 |
If you would invest 0.00 in Oracle CDR on January 8, 2024 and sell it all today you would earn a total of 0.00 from holding Oracle CDR or generate 0.0% return on investment in Oracle CDR over 720 days. Oracle CDR is related to or competes with Microsoft CDR, Palantir CDR, Adobe, PALO ALTO, BTQ Technologies, and VERSES AI. Oracle CDR is entity of Canada. It is traded as Stock on NEO exchange. More
Oracle CDR 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 Oracle CDR'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 Oracle CDR upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.23) | |||
| Maximum Drawdown | 15.46 | |||
| Value At Risk | (6.82) | |||
| Potential Upside | 3.56 |
Oracle CDR Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Oracle CDR's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Oracle CDR's standard deviation. In reality, there are many statistical measures that can use Oracle CDR historical prices to predict the future Oracle CDR's volatility.| Risk Adjusted Performance | (0.14) | |||
| Jensen Alpha | (0.68) | |||
| Total Risk Alpha | (1.01) | |||
| Treynor Ratio | (6.14) |
Oracle CDR Backtested Returns
Oracle CDR maintains Sharpe Ratio (i.e., Efficiency) of -0.16, which implies the firm had a -0.16 % return per unit of risk over the last 3 months. Oracle CDR exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Oracle CDR's Coefficient Of Variation of (483.76), variance of 10.24, and Risk Adjusted Performance of (0.14) to confirm the risk estimate we provide. The company holds a Beta of 0.11, which implies not very significant fluctuations relative to the market. As returns on the market increase, Oracle CDR's returns are expected to increase less than the market. However, during the bear market, the loss of holding Oracle CDR is expected to be smaller as well. At this point, Oracle CDR has a negative expected return of -0.52%. Please make sure to check Oracle CDR's standard deviation, total risk alpha, and the relationship between the coefficient of variation and jensen alpha , to decide if Oracle CDR performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.00 |
No correlation between past and present
Oracle CDR has no correlation between past and present. Overlapping area represents the amount of predictability between Oracle CDR time series from 8th of January 2024 to 2nd of January 2025 and 2nd of January 2025 to 28th of December 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 Oracle CDR price movement. The serial correlation of 0.0 indicates that just 0.0% of current Oracle CDR 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 |
Oracle CDR lagged returns against current returns
Autocorrelation, which is Oracle CDR 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 Oracle CDR's stock expected returns. We can calculate the autocorrelation of Oracle CDR returns to help us make a trade decision. For example, suppose you find that Oracle CDR 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 |
Oracle CDR 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 Oracle CDR stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Oracle CDR stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Oracle CDR stock over time.
Current vs Lagged Prices |
| Timeline |
Oracle CDR Lagged Returns
When evaluating Oracle CDR's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Oracle CDR stock have on its future price. Oracle CDR 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, Oracle CDR autocorrelation shows the relationship between Oracle CDR stock current value and its past values and can show if there is a momentum factor associated with investing in Oracle CDR.
Regressed Prices |
| Timeline |
Pair Trading with Oracle CDR
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Oracle CDR position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Oracle CDR will appreciate offsetting losses from the drop in the long position's value.Moving together with Oracle Stock
Moving against Oracle Stock
| 0.95 | POW | Power | PairCorr |
| 0.9 | MAXQ | Maritime Launch Services | PairCorr |
| 0.78 | AX-UN | Artis Real Estate | PairCorr |
| 0.75 | KEC | Kiwetinohk Energy Corp | PairCorr |
| 0.73 | PRM | Big Pharma Split | PairCorr |
The ability to find closely correlated positions to Oracle CDR could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Oracle CDR when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Oracle CDR - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Oracle CDR to buy it.
The correlation of Oracle CDR is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Oracle CDR moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Oracle CDR moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Oracle CDR can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Other Information on Investing in Oracle Stock
Oracle CDR financial ratios help investors to determine whether Oracle 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 Oracle with respect to the benefits of owning Oracle CDR security.