Oracle (Mexico) Market Value
| ORCL Stock | MXN 3,674 96.19 2.55% |
| Symbol | Oracle |
Oracle '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'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.
| 10/31/2024 |
| 11/30/2024 |
If you would invest 0.00 in Oracle on October 31, 2024 and sell it all today you would earn a total of 0.00 from holding Oracle or generate 0.0% return on investment in Oracle over 30 days. Oracle is related to or competes with Microsoft, CrowdStrike Holdings,, and Monster Beverage. Oracle Corporation offers products and services that address enterprise information technology environments worldwide More
Oracle 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'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 upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.1 | |||
| Information Ratio | 0.1558 | |||
| Maximum Drawdown | 18.33 | |||
| Value At Risk | (2.59) | |||
| Potential Upside | 3.49 |
Oracle Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Oracle's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Oracle's standard deviation. In reality, there are many statistical measures that can use Oracle historical prices to predict the future Oracle's volatility.| Risk Adjusted Performance | 0.17 | |||
| Jensen Alpha | 0.495 | |||
| Total Risk Alpha | 0.101 | |||
| Sortino Ratio | 0.1771 | |||
| Treynor Ratio | 15.89 |
Oracle Backtested Returns
Oracle appears to be very steady, given 3 months investment horizon. Oracle maintains Sharpe Ratio (i.e., Efficiency) of 0.2, which implies the firm had a 0.2% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Oracle, which you can use to evaluate the volatility of the company. Please evaluate Oracle's Semi Deviation of 1.56, risk adjusted performance of 0.17, and Coefficient Of Variation of 468.36 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Oracle holds a performance score of 15. The company holds a Beta of 0.0314, which implies not very significant fluctuations relative to the market. As returns on the market increase, Oracle's returns are expected to increase less than the market. However, during the bear market, the loss of holding Oracle is expected to be smaller as well. Please check Oracle's downside deviation, information ratio, and the relationship between the semi deviation and coefficient of variation , to make a quick decision on whether Oracle's historical price patterns will revert.
Auto-correlation | -0.49 |
Modest reverse predictability
Oracle has modest reverse predictability. Overlapping area represents the amount of predictability between Oracle time series from 31st of October 2024 to 15th of November 2024 and 15th of November 2024 to 30th 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 Oracle price movement. The serial correlation of -0.49 indicates that about 49.0% of current Oracle price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.49 | |
| Spearman Rank Test | -0.37 | |
| Residual Average | 0.0 | |
| Price Variance | 9261.73 |
Oracle lagged returns against current returns
Autocorrelation, which is Oracle 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's stock expected returns. We can calculate the autocorrelation of Oracle returns to help us make a trade decision. For example, suppose you find that Oracle 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 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 stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Oracle stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Oracle stock over time.
Current vs Lagged Prices |
| Timeline |
Oracle Lagged Returns
When evaluating Oracle's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Oracle stock have on its future price. Oracle 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 autocorrelation shows the relationship between Oracle stock current value and its past values and can show if there is a momentum factor associated with investing in Oracle.
Regressed Prices |
| Timeline |
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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.Additional Tools for Oracle Stock Analysis
When running Oracle's price analysis, check to measure Oracle's 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 Oracle is operating at the current time. Most of Oracle's value examination focuses on studying past and present price action to predict the probability of Oracle's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Oracle's price. Additionally, you may evaluate how the addition of Oracle to your portfolios can decrease your overall portfolio volatility.