OneSavings Bank (UK) Market Value
| OSB Stock | 383.20 0.80 0.21% |
| Symbol | OneSavings |
OneSavings Bank '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 OneSavings Bank'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 OneSavings Bank.
| 10/29/2024 |
| 11/28/2024 |
If you would invest 0.00 in OneSavings Bank on October 29, 2024 and sell it all today you would earn a total of 0.00 from holding OneSavings Bank PLC or generate 0.0% return on investment in OneSavings Bank over 30 days. OneSavings Bank is related to or competes with Chocoladefabriken, National Atomic, OTP Bank, Samsung Electronics, Samsung Electronics, Toyota, and AP Moeller. OneSavings Bank is entity of United Kingdom More
OneSavings Bank 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 OneSavings Bank'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 OneSavings Bank PLC upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.51 | |||
| Information Ratio | (0.05) | |||
| Maximum Drawdown | 6.21 | |||
| Value At Risk | (2.61) | |||
| Potential Upside | 2.19 |
OneSavings Bank Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for OneSavings Bank's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as OneSavings Bank's standard deviation. In reality, there are many statistical measures that can use OneSavings Bank historical prices to predict the future OneSavings Bank's volatility.| Risk Adjusted Performance | 0.0305 | |||
| Jensen Alpha | (0.07) | |||
| Total Risk Alpha | (0.18) | |||
| Sortino Ratio | (0.05) | |||
| Treynor Ratio | 0.0411 |
OneSavings Bank PLC Backtested Returns
At this point, OneSavings Bank is very steady. OneSavings Bank PLC maintains Sharpe Ratio (i.e., Efficiency) of 0.0472, which implies the firm had a 0.0472% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for OneSavings Bank PLC, which you can use to evaluate the volatility of the company. Please check OneSavings Bank's Semi Deviation of 1.42, risk adjusted performance of 0.0305, and Coefficient Of Variation of 2968.0 to confirm if the risk estimate we provide is consistent with the expected return of 0.0685%. OneSavings Bank has a performance score of 3 on a scale of 0 to 100. The company holds a Beta of 0.94, which implies possible diversification benefits within a given portfolio. OneSavings Bank returns are very sensitive to returns on the market. As the market goes up or down, OneSavings Bank is expected to follow. OneSavings Bank PLC right now holds a risk of 1.45%. Please check OneSavings Bank PLC coefficient of variation, sortino ratio, potential upside, as well as the relationship between the jensen alpha and maximum drawdown , to decide if OneSavings Bank PLC will be following its historical price patterns.
Auto-correlation | 0.24 |
Weak predictability
OneSavings Bank PLC has weak predictability. Overlapping area represents the amount of predictability between OneSavings Bank time series from 29th of October 2024 to 13th of November 2024 and 13th of November 2024 to 28th 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 OneSavings Bank PLC price movement. The serial correlation of 0.24 indicates that over 24.0% of current OneSavings Bank price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.24 | |
| Spearman Rank Test | 0.64 | |
| Residual Average | 0.0 | |
| Price Variance | 31.88 |
OneSavings Bank PLC lagged returns against current returns
Autocorrelation, which is OneSavings Bank 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 OneSavings Bank's stock expected returns. We can calculate the autocorrelation of OneSavings Bank returns to help us make a trade decision. For example, suppose you find that OneSavings Bank 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 |
OneSavings Bank 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 OneSavings Bank stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if OneSavings Bank stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in OneSavings Bank stock over time.
Current vs Lagged Prices |
| Timeline |
OneSavings Bank Lagged Returns
When evaluating OneSavings Bank's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of OneSavings Bank stock have on its future price. OneSavings Bank 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, OneSavings Bank autocorrelation shows the relationship between OneSavings Bank stock current value and its past values and can show if there is a momentum factor associated with investing in OneSavings Bank PLC.
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 OneSavings Stock
OneSavings Bank financial ratios help investors to determine whether OneSavings 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 OneSavings with respect to the benefits of owning OneSavings Bank security.