Ouster Inc Stock Market Value
| OUST-WT Stock | USD 0.07 0 5.49% |
| Symbol | Ouster |
Ouster Inc Price To Book Ratio
Ouster '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 Ouster'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 Ouster.
| 06/09/2023 |
| 11/30/2024 |
If you would invest 0.00 in Ouster on June 9, 2023 and sell it all today you would earn a total of 0.00 from holding Ouster Inc or generate 0.0% return on investment in Ouster over 540 days. Ouster is entity of United States. It is traded as Stock on NYSE exchange. More
Ouster 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 Ouster'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 Ouster Inc upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 8.02 | |||
| Information Ratio | 0.0558 | |||
| Maximum Drawdown | 31.57 | |||
| Value At Risk | (11.37) | |||
| Potential Upside | 15.45 |
Ouster Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Ouster's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Ouster's standard deviation. In reality, there are many statistical measures that can use Ouster historical prices to predict the future Ouster's volatility.| Risk Adjusted Performance | 0.0647 | |||
| Jensen Alpha | 0.386 | |||
| Total Risk Alpha | (0.77) | |||
| Sortino Ratio | 0.056 | |||
| Treynor Ratio | 0.3853 |
Ouster Inc Backtested Returns
Ouster appears to be out of control, given 3 months investment horizon. Ouster Inc maintains Sharpe Ratio (i.e., Efficiency) of 0.0865, which implies the firm had a 0.0865% return per unit of risk over the last 3 months. By analyzing Ouster's technical indicators, you can evaluate if the expected return of 0.69% is justified by implied risk. Please evaluate Ouster's Semi Deviation of 6.42, coefficient of variation of 1372.58, and Risk Adjusted Performance of 0.0647 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Ouster holds a performance score of 6. The company holds a Beta of 1.5, which implies a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Ouster will likely underperform. Please check Ouster's maximum drawdown, potential upside, and the relationship between the treynor ratio and value at risk , to make a quick decision on whether Ouster's historical price patterns will revert.
Auto-correlation | -0.11 |
Insignificant reverse predictability
Ouster Inc has insignificant reverse predictability. Overlapping area represents the amount of predictability between Ouster time series from 9th of June 2023 to 5th of March 2024 and 5th of March 2024 to 30th 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 Ouster Inc price movement. The serial correlation of -0.11 indicates that less than 11.0% of current Ouster price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.11 | |
| Spearman Rank Test | 0.17 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Ouster Inc lagged returns against current returns
Autocorrelation, which is Ouster 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 Ouster's stock expected returns. We can calculate the autocorrelation of Ouster returns to help us make a trade decision. For example, suppose you find that Ouster 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 |
Ouster 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 Ouster stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Ouster stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Ouster stock over time.
Current vs Lagged Prices |
| Timeline |
Ouster Lagged Returns
When evaluating Ouster's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Ouster stock have on its future price. Ouster 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, Ouster autocorrelation shows the relationship between Ouster stock current value and its past values and can show if there is a momentum factor associated with investing in Ouster Inc.
Regressed Prices |
| Timeline |
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Additional Tools for Ouster Stock Analysis
When running Ouster's price analysis, check to measure Ouster'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 Ouster is operating at the current time. Most of Ouster's value examination focuses on studying past and present price action to predict the probability of Ouster's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Ouster's price. Additionally, you may evaluate how the addition of Ouster to your portfolios can decrease your overall portfolio volatility.