OSX Brasil (Brazil) Market Value
| OSXB3 Stock | BRL 4.44 0.04 0.91% |
| Symbol | OSX |
OSX Brasil '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 OSX Brasil'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 OSX Brasil.
| 02/04/2023 |
| 11/25/2024 |
If you would invest 0.00 in OSX Brasil on February 4, 2023 and sell it all today you would earn a total of 0.00 from holding OSX Brasil SA or generate 0.0% return on investment in OSX Brasil over 660 days. OSX Brasil is related to or competes with Mitsubishi UFJ, Sumitomo Mitsui, Toyota, Banco Santander, Nomura Holdings, Sony, and Honda. OSX Brasil S.A. provides integrated engineering, construction, chartering, and operation and maintenance services for th... More
OSX Brasil 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 OSX Brasil'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 OSX Brasil SA upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.75 | |||
| Information Ratio | 0.0564 | |||
| Maximum Drawdown | 16.05 | |||
| Value At Risk | (4.22) | |||
| Potential Upside | 5.54 |
OSX Brasil Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for OSX Brasil's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as OSX Brasil's standard deviation. In reality, there are many statistical measures that can use OSX Brasil historical prices to predict the future OSX Brasil's volatility.| Risk Adjusted Performance | 0.084 | |||
| Jensen Alpha | 0.2086 | |||
| Total Risk Alpha | (0.18) | |||
| Sortino Ratio | 0.0616 | |||
| Treynor Ratio | 0.428 |
OSX Brasil SA Backtested Returns
OSX Brasil appears to be moderately volatile, given 3 months investment horizon. OSX Brasil SA maintains Sharpe Ratio (i.e., Efficiency) of 0.0906, which implies the firm had a 0.0906% return per unit of standard deviation over the last 3 months. We have found thirty technical indicators for OSX Brasil SA, which you can use to evaluate the volatility of the company. Please evaluate OSX Brasil's Risk Adjusted Performance of 0.084, semi deviation of 2.34, and Market Risk Adjusted Performance of 0.438 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, OSX Brasil holds a performance score of 7. The company holds a Beta of 0.68, which implies possible diversification benefits within a given portfolio. As returns on the market increase, OSX Brasil's returns are expected to increase less than the market. However, during the bear market, the loss of holding OSX Brasil is expected to be smaller as well. Please check OSX Brasil's maximum drawdown, potential upside, semi variance, as well as the relationship between the value at risk and downside variance , to make a quick decision on whether OSX Brasil's historical price patterns will revert.
Auto-correlation | 0.33 |
Below average predictability
OSX Brasil SA has below average predictability. Overlapping area represents the amount of predictability between OSX Brasil time series from 4th of February 2023 to 31st of December 2023 and 31st of December 2023 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 OSX Brasil SA price movement. The serial correlation of 0.33 indicates that nearly 33.0% of current OSX Brasil price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.33 | |
| Spearman Rank Test | 0.03 | |
| Residual Average | 0.0 | |
| Price Variance | 0.3 |
OSX Brasil SA lagged returns against current returns
Autocorrelation, which is OSX Brasil 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 OSX Brasil's stock expected returns. We can calculate the autocorrelation of OSX Brasil returns to help us make a trade decision. For example, suppose you find that OSX Brasil 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 |
OSX Brasil 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 OSX Brasil stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if OSX Brasil stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in OSX Brasil stock over time.
Current vs Lagged Prices |
| Timeline |
OSX Brasil Lagged Returns
When evaluating OSX Brasil's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of OSX Brasil stock have on its future price. OSX Brasil 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, OSX Brasil autocorrelation shows the relationship between OSX Brasil stock current value and its past values and can show if there is a momentum factor associated with investing in OSX Brasil SA.
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.Additional Tools for OSX Stock Analysis
When running OSX Brasil's price analysis, check to measure OSX Brasil'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 OSX Brasil is operating at the current time. Most of OSX Brasil's value examination focuses on studying past and present price action to predict the probability of OSX Brasil's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move OSX Brasil's price. Additionally, you may evaluate how the addition of OSX Brasil to your portfolios can decrease your overall portfolio volatility.