Ovs Spa Etf Market Value
| OVS Etf | USD 38.13 0.25 0.66% |
| Symbol | OVS |
Understanding OVS SpA requires distinguishing between market price and book value, where the latter reflects OVS's accounting equity. The concept of intrinsic value - what OVS SpA's is actually worth based on fundamentals - guides informed investors toward better entry and exit points. Analysts utilize numerous techniques to assess fundamental value, seeking to purchase shares when trading prices fall beneath estimated intrinsic worth. Market sentiment, economic cycles, and investor behavior can push OVS SpA's price substantially above or below its fundamental value.
It's important to distinguish between OVS SpA's intrinsic value and market price, which are calculated using different methodologies. Investment decisions regarding OVS SpA should consider multiple factors including financial performance, growth metrics, competitive position, and professional analysis. In contrast, OVS SpA's trading price reflects the actual exchange value where willing buyers and sellers reach mutual agreement.
OVS SpA '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 OVS SpA's etf 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 OVS SpA.
| 11/07/2025 |
| 02/05/2026 |
If you would invest 0.00 in OVS SpA on November 7, 2025 and sell it all today you would earn a total of 0.00 from holding OVS SpA or generate 0.0% return on investment in OVS SpA over 90 days. OVS SpA is related to or competes with Managed Portfolio, DoubleLine ETF, ProShares Ultra, TrueShares Structured, Putnam ETF, JP Morgan, and First Trust. The fund is an actively-managed exchange-traded fund that seeks to achieve its objective by investing in one or more oth... More
OVS SpA 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 OVS SpA's etf 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 OVS SpA upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.11 | |||
| Information Ratio | 0.0849 | |||
| Maximum Drawdown | 5.37 | |||
| Value At Risk | (2.02) | |||
| Potential Upside | 2.11 |
OVS SpA Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for OVS SpA's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as OVS SpA's standard deviation. In reality, there are many statistical measures that can use OVS SpA historical prices to predict the future OVS SpA's volatility.| Risk Adjusted Performance | 0.1053 | |||
| Jensen Alpha | 0.0811 | |||
| Total Risk Alpha | 0.0676 | |||
| Sortino Ratio | 0.0931 | |||
| Treynor Ratio | 0.1122 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of OVS SpA's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
OVS SpA February 5, 2026 Technical Indicators
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
| Risk Adjusted Performance | 0.1053 | |||
| Market Risk Adjusted Performance | 0.1222 | |||
| Mean Deviation | 0.9099 | |||
| Semi Deviation | 0.941 | |||
| Downside Deviation | 1.11 | |||
| Coefficient Of Variation | 725.45 | |||
| Standard Deviation | 1.22 | |||
| Variance | 1.48 | |||
| Information Ratio | 0.0849 | |||
| Jensen Alpha | 0.0811 | |||
| Total Risk Alpha | 0.0676 | |||
| Sortino Ratio | 0.0931 | |||
| Treynor Ratio | 0.1122 | |||
| Maximum Drawdown | 5.37 | |||
| Value At Risk | (2.02) | |||
| Potential Upside | 2.11 | |||
| Downside Variance | 1.23 | |||
| Semi Variance | 0.8854 | |||
| Expected Short fall | (1.05) | |||
| Skewness | 0.1427 | |||
| Kurtosis | 0.3743 |
OVS SpA Backtested Returns
Currently, OVS SpA is very steady. OVS SpA maintains Sharpe Ratio (i.e., Efficiency) of 0.15, which implies the entity had a 0.15 % return per unit of standard deviation over the last 3 months. We have found thirty technical indicators for OVS SpA, which you can use to evaluate the volatility of the etf. Please check OVS SpA's Risk Adjusted Performance of 0.1053, semi deviation of 0.941, and Market Risk Adjusted Performance of 0.1222 to confirm if the risk estimate we provide is consistent with the expected return of 0.19%. The etf holds a Beta of 1.41, 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, OVS SpA will likely underperform.
Auto-correlation | 0.77 |
Good predictability
OVS SpA has good predictability. Overlapping area represents the amount of predictability between OVS SpA time series from 7th of November 2025 to 22nd of December 2025 and 22nd of December 2025 to 5th of February 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 OVS SpA price movement. The serial correlation of 0.77 indicates that around 77.0% of current OVS SpA price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.77 | |
| Spearman Rank Test | 0.77 | |
| Residual Average | 0.0 | |
| Price Variance | 0.73 |
Thematic Opportunities
Explore Investment Opportunities
Check out OVS SpA Correlation, OVS SpA Volatility and OVS SpA Performance module to complement your research on OVS SpA. You can also try the Analyst Advice module to analyst recommendations and target price estimates broken down by several categories.
OVS SpA technical etf analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, etf market cycles, or different charting patterns.