Oscar Health Stock Market Value
| OSCR Stock | USD 17.30 0.62 3.72% |
| Symbol | Oscar |
Is Life & Health Insurance 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 Oscar Health. If investors know Oscar 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 Oscar Health listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Oscar Health is measured differently than its book value, which is the value of Oscar that is recorded on the company's balance sheet. Investors also form their own opinion of Oscar Health's value that differs from its market value or its book value, called intrinsic value, which is Oscar Health's 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 Oscar Health's market value can be influenced by many factors that don't directly affect Oscar Health's 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 Oscar Health's value and its price as these two are different measures arrived at by different means. Investors typically determine if Oscar Health is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Oscar Health's 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.
Oscar Health '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 Oscar Health'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 Oscar Health.
| 11/01/2024 |
| 01/30/2025 |
If you would invest 0.00 in Oscar Health on November 1, 2024 and sell it all today you would earn a total of 0.00 from holding Oscar Health or generate 0.0% return on investment in Oscar Health over 90 days. Oscar Health is related to or competes with Molina Healthcare, Centene Corp, Elevance Health, Clover Health, UnitedHealth Group, CVS Health, and Cigna Corp. Oscar Health, Inc. provides health insurance products and services in the United States More
Oscar Health 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 Oscar Health'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 Oscar Health upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 5.07 | |||
| Information Ratio | 3.0E-4 | |||
| Maximum Drawdown | 23.72 | |||
| Value At Risk | (7.26) | |||
| Potential Upside | 6.35 |
Oscar Health Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Oscar Health's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Oscar Health's standard deviation. In reality, there are many statistical measures that can use Oscar Health historical prices to predict the future Oscar Health's volatility.| Risk Adjusted Performance | 0.0247 | |||
| Jensen Alpha | 0.0497 | |||
| Total Risk Alpha | (0.47) | |||
| Sortino Ratio | 4.0E-4 | |||
| Treynor Ratio | 0.1963 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Oscar Health's 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.
Oscar Health Backtested Returns
Currently, Oscar Health is somewhat reliable. Oscar Health maintains Sharpe Ratio (i.e., Efficiency) of 0.0195, which implies the firm had a 0.0195 % return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Oscar Health, which you can use to evaluate the volatility of the company. Please check Oscar Health's Semi Deviation of 4.9, risk adjusted performance of 0.0247, and Coefficient Of Variation of 5139.38 to confirm if the risk estimate we provide is consistent with the expected return of 0.1%. Oscar Health has a performance score of 1 on a scale of 0 to 100. The company holds a Beta of 0.47, which implies possible diversification benefits within a given portfolio. As returns on the market increase, Oscar Health's returns are expected to increase less than the market. However, during the bear market, the loss of holding Oscar Health is expected to be smaller as well. Oscar Health right now holds a risk of 5.23%. Please check Oscar Health value at risk, and the relationship between the jensen alpha and skewness , to decide if Oscar Health will be following its historical price patterns.
Auto-correlation | -0.07 |
Very weak reverse predictability
Oscar Health has very weak reverse predictability. Overlapping area represents the amount of predictability between Oscar Health time series from 1st of November 2024 to 16th of December 2024 and 16th of December 2024 to 30th 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 Oscar Health price movement. The serial correlation of -0.07 indicates that barely 7.0% of current Oscar Health price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.07 | |
| Spearman Rank Test | -0.08 | |
| Residual Average | 0.0 | |
| Price Variance | 1.42 |
Oscar Health lagged returns against current returns
Autocorrelation, which is Oscar Health 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 Oscar Health's stock expected returns. We can calculate the autocorrelation of Oscar Health returns to help us make a trade decision. For example, suppose you find that Oscar Health 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 |
Oscar Health 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 Oscar Health stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Oscar Health stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Oscar Health stock over time.
Current vs Lagged Prices |
| Timeline |
Oscar Health Lagged Returns
When evaluating Oscar Health's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Oscar Health stock have on its future price. Oscar Health 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, Oscar Health autocorrelation shows the relationship between Oscar Health stock current value and its past values and can show if there is a momentum factor associated with investing in Oscar Health.
Regressed Prices |
| Timeline |
Pair Trading with Oscar Health
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 Oscar Health 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 Oscar Health will appreciate offsetting losses from the drop in the long position's value.Moving against Oscar Stock
The ability to find closely correlated positions to Oscar Health could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Oscar Health 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 Oscar Health - 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 Oscar Health to buy it.
The correlation of Oscar Health 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 Oscar Health moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Oscar Health 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 Oscar Health 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.Additional Tools for Oscar Stock Analysis
When running Oscar Health's price analysis, check to measure Oscar Health'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 Oscar Health is operating at the current time. Most of Oscar Health's value examination focuses on studying past and present price action to predict the probability of Oscar Health's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Oscar Health's price. Additionally, you may evaluate how the addition of Oscar Health to your portfolios can decrease your overall portfolio volatility.