Otsuka Holdings Co Stock Market Value
| OTSKY Stock | USD 29.44 0.47 1.62% |
| Symbol | Otsuka |
Otsuka Holdings '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 Otsuka Holdings' pink sheet 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 Otsuka Holdings.
| 10/29/2023 |
| 11/22/2024 |
If you would invest 0.00 in Otsuka Holdings on October 29, 2023 and sell it all today you would earn a total of 0.00 from holding Otsuka Holdings Co or generate 0.0% return on investment in Otsuka Holdings over 390 days. Otsuka Holdings is related to or competes with Pfizer, Astellas Pharma, Bristol-Myers Squibb, Bayer AG, Chugai Pharmaceutical, Novartis, and AstraZeneca PLC. Otsuka Holdings Co., Ltd. engages in pharmaceuticals, nutraceuticals, consumer products, and other businesses worldwide More
Otsuka Holdings 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 Otsuka Holdings' pink sheet 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 Otsuka Holdings Co upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.62 | |||
| Information Ratio | (0.03) | |||
| Maximum Drawdown | 6.66 | |||
| Value At Risk | (2.64) | |||
| Potential Upside | 2.53 |
Otsuka Holdings Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Otsuka Holdings' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Otsuka Holdings' standard deviation. In reality, there are many statistical measures that can use Otsuka Holdings historical prices to predict the future Otsuka Holdings' volatility.| Risk Adjusted Performance | 0.039 | |||
| Jensen Alpha | 0.0561 | |||
| Total Risk Alpha | (0.15) | |||
| Sortino Ratio | (0.02) | |||
| Treynor Ratio | 1.56 |
Otsuka Holdings Backtested Returns
At this stage we consider Otsuka Pink Sheet to be very steady. Otsuka Holdings maintains Sharpe Ratio (i.e., Efficiency) of 0.0186, which implies the firm had a 0.0186% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Otsuka Holdings, which you can use to evaluate the volatility of the company. Please check Otsuka Holdings' Semi Deviation of 1.52, coefficient of variation of 2254.57, and Risk Adjusted Performance of 0.039 to confirm if the risk estimate we provide is consistent with the expected return of 0.0293%. Otsuka Holdings has a performance score of 1 on a scale of 0 to 100. The company holds a Beta of 0.0383, which implies not very significant fluctuations relative to the market. As returns on the market increase, Otsuka Holdings' returns are expected to increase less than the market. However, during the bear market, the loss of holding Otsuka Holdings is expected to be smaller as well. Otsuka Holdings right now holds a risk of 1.57%. Please check Otsuka Holdings downside variance, as well as the relationship between the daily balance of power and period momentum indicator , to decide if Otsuka Holdings will be following its historical price patterns.
Auto-correlation | 0.67 |
Good predictability
Otsuka Holdings Co has good predictability. Overlapping area represents the amount of predictability between Otsuka Holdings time series from 29th of October 2023 to 11th of May 2024 and 11th of May 2024 to 22nd 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 Otsuka Holdings price movement. The serial correlation of 0.67 indicates that around 67.0% of current Otsuka Holdings price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.67 | |
| Spearman Rank Test | 0.74 | |
| Residual Average | 0.0 | |
| Price Variance | 14.96 |
Otsuka Holdings lagged returns against current returns
Autocorrelation, which is Otsuka Holdings pink sheet'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 Otsuka Holdings' pink sheet expected returns. We can calculate the autocorrelation of Otsuka Holdings returns to help us make a trade decision. For example, suppose you find that Otsuka Holdings has exhibited high autocorrelation historically, and you observe that the pink sheet 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 |
Otsuka Holdings 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 Otsuka Holdings pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Otsuka Holdings pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Otsuka Holdings pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Otsuka Holdings Lagged Returns
When evaluating Otsuka Holdings' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Otsuka Holdings pink sheet have on its future price. Otsuka Holdings 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, Otsuka Holdings autocorrelation shows the relationship between Otsuka Holdings pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Otsuka Holdings Co.
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.Additional Tools for Otsuka Pink Sheet Analysis
When running Otsuka Holdings' price analysis, check to measure Otsuka Holdings' 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 Otsuka Holdings is operating at the current time. Most of Otsuka Holdings' value examination focuses on studying past and present price action to predict the probability of Otsuka Holdings' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Otsuka Holdings' price. Additionally, you may evaluate how the addition of Otsuka Holdings to your portfolios can decrease your overall portfolio volatility.