Oncosil Medical (Australia) Market Value
| OSL Stock | 0.90 0.07 7.22% |
| Symbol | Oncosil |
Oncosil Medical '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 Oncosil Medical'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 Oncosil Medical.
| 01/18/2024 |
| 01/07/2026 |
If you would invest 0.00 in Oncosil Medical on January 18, 2024 and sell it all today you would earn a total of 0.00 from holding Oncosil Medical or generate 0.0% return on investment in Oncosil Medical over 720 days. Oncosil Medical is related to or competes with Kaili Resources, LTR Pharma, DY6 Metals, Chariot, and Dateline Resources. Oncosil Medical is entity of Australia. It is traded as Stock on AU exchange. More
Oncosil Medical 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 Oncosil Medical'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 Oncosil Medical upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.27) | |||
| Maximum Drawdown | 16.63 | |||
| Value At Risk | (7.22) | |||
| Potential Upside | 5.48 |
Oncosil Medical Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Oncosil Medical's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Oncosil Medical's standard deviation. In reality, there are many statistical measures that can use Oncosil Medical historical prices to predict the future Oncosil Medical's volatility.| Risk Adjusted Performance | (0.17) | |||
| Jensen Alpha | (0.86) | |||
| Total Risk Alpha | (1.29) | |||
| Treynor Ratio | 10.96 |
Oncosil Medical Backtested Returns
Oncosil Medical maintains Sharpe Ratio (i.e., Efficiency) of -0.27, which implies the firm had a -0.27 % return per unit of risk over the last 3 months. Oncosil Medical exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Oncosil Medical's Risk Adjusted Performance of (0.17), coefficient of variation of (419.25), and Variance of 12.96 to confirm the risk estimate we provide. The company holds a Beta of -0.0793, which implies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Oncosil Medical are expected to decrease at a much lower rate. During the bear market, Oncosil Medical is likely to outperform the market. At this point, Oncosil Medical has a negative expected return of -0.97%. Please make sure to check Oncosil Medical's coefficient of variation, information ratio, total risk alpha, as well as the relationship between the standard deviation and jensen alpha , to decide if Oncosil Medical performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.00 |
No correlation between past and present
Oncosil Medical has no correlation between past and present. Overlapping area represents the amount of predictability between Oncosil Medical time series from 18th of January 2024 to 12th of January 2025 and 12th of January 2025 to 7th 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 Oncosil Medical price movement. The serial correlation of 0.0 indicates that just 0.0% of current Oncosil Medical price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.0 | |
| Spearman Rank Test | -0.12 | |
| Residual Average | 0.0 | |
| Price Variance | 0.23 |
Oncosil Medical lagged returns against current returns
Autocorrelation, which is Oncosil Medical 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 Oncosil Medical's stock expected returns. We can calculate the autocorrelation of Oncosil Medical returns to help us make a trade decision. For example, suppose you find that Oncosil Medical 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 |
Oncosil Medical 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 Oncosil Medical stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Oncosil Medical stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Oncosil Medical stock over time.
Current vs Lagged Prices |
| Timeline |
Oncosil Medical Lagged Returns
When evaluating Oncosil Medical's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Oncosil Medical stock have on its future price. Oncosil Medical 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, Oncosil Medical autocorrelation shows the relationship between Oncosil Medical stock current value and its past values and can show if there is a momentum factor associated with investing in Oncosil Medical.
Regressed Prices |
| Timeline |
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Additional Tools for Oncosil Stock Analysis
When running Oncosil Medical's price analysis, check to measure Oncosil Medical'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 Oncosil Medical is operating at the current time. Most of Oncosil Medical's value examination focuses on studying past and present price action to predict the probability of Oncosil Medical's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Oncosil Medical's price. Additionally, you may evaluate how the addition of Oncosil Medical to your portfolios can decrease your overall portfolio volatility.