OtelloASA (Germany) Market Value
| OS3 Stock | EUR 1.43 0.01 0.69% |
| Symbol | OtelloASA |
OtelloASA '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 OtelloASA'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 OtelloASA.
| 01/25/2025 |
| 01/20/2026 |
If you would invest 0.00 in OtelloASA on January 25, 2025 and sell it all today you would earn a total of 0.00 from holding Otello ASA or generate 0.0% return on investment in OtelloASA over 360 days. OtelloASA is related to or competes with ATOSS SOFTWARE, USU SOFTWARE, CREDIT AGRICOLE, CPU SOFTWAREHOUSE, GEAR4MUSIC (HLDGS), GBS Software, and REVO INSURANCE. Otello Corporation ASA develops, produces, and sells software and associated services in the areas of mobile advertising... More
OtelloASA 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 OtelloASA'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 Otello ASA upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.52 | |||
| Information Ratio | 0.0668 | |||
| Maximum Drawdown | 9.03 | |||
| Value At Risk | (2.04) | |||
| Potential Upside | 2.9 |
OtelloASA Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for OtelloASA's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as OtelloASA's standard deviation. In reality, there are many statistical measures that can use OtelloASA historical prices to predict the future OtelloASA's volatility.| Risk Adjusted Performance | 0.0919 | |||
| Jensen Alpha | 0.2192 | |||
| Total Risk Alpha | (0.02) | |||
| Sortino Ratio | 0.0772 | |||
| Treynor Ratio | (1.61) |
Otello ASA Backtested Returns
OtelloASA appears to be very risky, given 3 months investment horizon. Otello ASA 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. We have found twenty-seven technical indicators for Otello ASA, which you can use to evaluate the volatility of the company. Please evaluate OtelloASA's Risk Adjusted Performance of 0.0919, coefficient of variation of 806.78, and Semi Deviation of 1.19 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, OtelloASA holds a performance score of 11. The company holds a Beta of -0.13, which implies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning OtelloASA are expected to decrease at a much lower rate. During the bear market, OtelloASA is likely to outperform the market. Please check OtelloASA's downside deviation, information ratio, total risk alpha, as well as the relationship between the coefficient of variation and jensen alpha , to make a quick decision on whether OtelloASA's historical price patterns will revert.
Auto-correlation | 0.93 |
Excellent predictability
Otello ASA has excellent predictability. Overlapping area represents the amount of predictability between OtelloASA time series from 25th of January 2025 to 24th of July 2025 and 24th of July 2025 to 20th of January 2026. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Otello ASA price movement. The serial correlation of 0.93 indicates that approximately 93.0% of current OtelloASA price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.93 | |
| Spearman Rank Test | 0.9 | |
| Residual Average | 0.0 | |
| Price Variance | 0.03 |
Otello ASA lagged returns against current returns
Autocorrelation, which is OtelloASA 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 OtelloASA's stock expected returns. We can calculate the autocorrelation of OtelloASA returns to help us make a trade decision. For example, suppose you find that OtelloASA 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 |
OtelloASA 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 OtelloASA stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if OtelloASA stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in OtelloASA stock over time.
Current vs Lagged Prices |
| Timeline |
OtelloASA Lagged Returns
When evaluating OtelloASA's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of OtelloASA stock have on its future price. OtelloASA 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, OtelloASA autocorrelation shows the relationship between OtelloASA stock current value and its past values and can show if there is a momentum factor associated with investing in Otello ASA.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in OtelloASA Stock
OtelloASA financial ratios help investors to determine whether OtelloASA 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 OtelloASA with respect to the benefits of owning OtelloASA security.