OSE Pharma (France) Market Value
| OSE Stock | EUR 8.96 0.07 0.79% |
| Symbol | OSE |
OSE Pharma '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 OSE Pharma'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 OSE Pharma.
| 10/26/2024 |
| 11/25/2024 |
If you would invest 0.00 in OSE Pharma on October 26, 2024 and sell it all today you would earn a total of 0.00 from holding OSE Pharma SA or generate 0.0% return on investment in OSE Pharma over 30 days. OSE Pharma is related to or competes with Biomerieux, Eurofins Scientific, Sartorius Stedim, and SEB SA. OSE Immunotherapeutics SA, a biotechnology company, focuses on the development of immunotherapies for immune activation ... More
OSE Pharma 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 OSE Pharma'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 OSE Pharma SA upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 4.04 | |||
| Information Ratio | 0.0708 | |||
| Maximum Drawdown | 25.35 | |||
| Value At Risk | (4.63) | |||
| Potential Upside | 7.17 |
OSE Pharma Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for OSE Pharma's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as OSE Pharma's standard deviation. In reality, there are many statistical measures that can use OSE Pharma historical prices to predict the future OSE Pharma's volatility.| Risk Adjusted Performance | 0.0865 | |||
| Jensen Alpha | 0.4133 | |||
| Total Risk Alpha | (0.24) | |||
| Sortino Ratio | 0.0731 | |||
| Treynor Ratio | 17.13 |
OSE Pharma SA Backtested Returns
OSE Pharma appears to be slightly risky, given 3 months investment horizon. OSE Pharma SA maintains Sharpe Ratio (i.e., Efficiency) of 0.0918, which implies the firm had a 0.0918% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for OSE Pharma SA, which you can use to evaluate the volatility of the company. Please evaluate OSE Pharma's Mean Deviation of 3.09, risk adjusted performance of 0.0865, and Semi Deviation of 3.64 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, OSE Pharma holds a performance score of 7. The company holds a Beta of 0.0243, which implies not very significant fluctuations relative to the market. As returns on the market increase, OSE Pharma's returns are expected to increase less than the market. However, during the bear market, the loss of holding OSE Pharma is expected to be smaller as well. Please check OSE Pharma's standard deviation, value at risk, kurtosis, as well as the relationship between the sortino ratio and semi variance , to make a quick decision on whether OSE Pharma's historical price patterns will revert.
Auto-correlation | -0.24 |
Weak reverse predictability
OSE Pharma SA has weak reverse predictability. Overlapping area represents the amount of predictability between OSE Pharma time series from 26th of October 2024 to 10th of November 2024 and 10th of November 2024 to 25th 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 OSE Pharma SA price movement. The serial correlation of -0.24 indicates that over 24.0% of current OSE Pharma price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.24 | |
| Spearman Rank Test | -0.23 | |
| Residual Average | 0.0 | |
| Price Variance | 0.09 |
OSE Pharma SA lagged returns against current returns
Autocorrelation, which is OSE Pharma 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 OSE Pharma's stock expected returns. We can calculate the autocorrelation of OSE Pharma returns to help us make a trade decision. For example, suppose you find that OSE Pharma 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 |
OSE Pharma 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 OSE Pharma stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if OSE Pharma stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in OSE Pharma stock over time.
Current vs Lagged Prices |
| Timeline |
OSE Pharma Lagged Returns
When evaluating OSE Pharma's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of OSE Pharma stock have on its future price. OSE Pharma 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, OSE Pharma autocorrelation shows the relationship between OSE Pharma stock current value and its past values and can show if there is a momentum factor associated with investing in OSE Pharma SA.
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.Other Information on Investing in OSE Stock
OSE Pharma financial ratios help investors to determine whether OSE 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 OSE with respect to the benefits of owning OSE Pharma security.