Oxford Biodynamics Plc Stock Market Value
| OXBOF Stock | USD 0.01 0.01 52.38% |
| Symbol | Oxford |
Oxford BioDynamics '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 Oxford BioDynamics' 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 Oxford BioDynamics.
| 09/12/2024 |
| 12/11/2024 |
If you would invest 0.00 in Oxford BioDynamics on September 12, 2024 and sell it all today you would earn a total of 0.00 from holding Oxford BioDynamics Plc or generate 0.0% return on investment in Oxford BioDynamics over 90 days. Oxford BioDynamics is related to or competes with Sino Biopharmaceutica, Defence Therapeutics, Aileron Therapeutics, and Enlivex Therapeutics. Oxford BioDynamics Plc, a biotechnology company, discovers and develops biomarkers for use in the pharmaceutical and bio... More
Oxford BioDynamics 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 Oxford BioDynamics' 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 Oxford BioDynamics Plc upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.22) | |||
| Maximum Drawdown | 66.38 | |||
| Value At Risk | (3.33) |
Oxford BioDynamics Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Oxford BioDynamics' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Oxford BioDynamics' standard deviation. In reality, there are many statistical measures that can use Oxford BioDynamics historical prices to predict the future Oxford BioDynamics' volatility.| Risk Adjusted Performance | (0.14) | |||
| Jensen Alpha | (2.89) | |||
| Total Risk Alpha | (4.65) | |||
| Treynor Ratio | (1.27) |
Oxford BioDynamics Plc Backtested Returns
Oxford BioDynamics Plc maintains Sharpe Ratio (i.e., Efficiency) of -0.21, which implies the firm had a -0.21% return per unit of risk over the last 3 months. Oxford BioDynamics Plc exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Oxford BioDynamics' Coefficient Of Variation of (476.75), variance of 158.94, and Risk Adjusted Performance of (0.14) to confirm the risk estimate we provide. The company holds a Beta of 2.09, 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, Oxford BioDynamics will likely underperform. At this point, Oxford BioDynamics Plc has a negative expected return of -2.77%. Please make sure to check Oxford BioDynamics' jensen alpha, as well as the relationship between the kurtosis and day typical price , to decide if Oxford BioDynamics Plc performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.31 |
Below average predictability
Oxford BioDynamics Plc has below average predictability. Overlapping area represents the amount of predictability between Oxford BioDynamics time series from 12th of September 2024 to 27th of October 2024 and 27th of October 2024 to 11th of December 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 Oxford BioDynamics Plc price movement. The serial correlation of 0.31 indicates that nearly 31.0% of current Oxford BioDynamics price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.31 | |
| Spearman Rank Test | -0.28 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Oxford BioDynamics Plc lagged returns against current returns
Autocorrelation, which is Oxford BioDynamics 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 Oxford BioDynamics' pink sheet expected returns. We can calculate the autocorrelation of Oxford BioDynamics returns to help us make a trade decision. For example, suppose you find that Oxford BioDynamics 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 |
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Oxford BioDynamics 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 Oxford BioDynamics pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Oxford BioDynamics pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Oxford BioDynamics pink sheet over time.
Current vs Lagged Prices |
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Oxford BioDynamics Lagged Returns
When evaluating Oxford BioDynamics' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Oxford BioDynamics pink sheet have on its future price. Oxford BioDynamics 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, Oxford BioDynamics autocorrelation shows the relationship between Oxford BioDynamics pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Oxford BioDynamics Plc.
Regressed Prices |
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Currently Active Assets on Macroaxis
Other Information on Investing in Oxford Pink Sheet
Oxford BioDynamics financial ratios help investors to determine whether Oxford Pink Sheet is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Oxford with respect to the benefits of owning Oxford BioDynamics security.