Oxford Technology (UK) Market Value
| OXH Stock | 7.00 0.00 0.00% |
| Symbol | Oxford |
Oxford Technology '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 Technology'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 Oxford Technology.
| 06/02/2024 |
| 11/29/2024 |
If you would invest 0.00 in Oxford Technology on June 2, 2024 and sell it all today you would earn a total of 0.00 from holding Oxford Technology 2 or generate 0.0% return on investment in Oxford Technology over 180 days. Oxford Technology is related to or competes with Neometals, Coor Service, Aeorema Communications, JLEN Environmental, Power Metal, GoldMining, and Eastinco Mining. Oxford Technology is entity of United Kingdom More
Oxford Technology 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 Technology'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 Oxford Technology 2 upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.30) | |||
| Maximum Drawdown | 14.29 | |||
| Value At Risk | (5.56) |
Oxford Technology Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Oxford Technology's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Oxford Technology's standard deviation. In reality, there are many statistical measures that can use Oxford Technology historical prices to predict the future Oxford Technology's volatility.| Risk Adjusted Performance | (0.19) | |||
| Jensen Alpha | (0.67) | |||
| Total Risk Alpha | (1.02) | |||
| Treynor Ratio | (3.66) |
Oxford Technology Backtested Returns
Oxford Technology maintains Sharpe Ratio (i.e., Efficiency) of -0.26, which implies the firm had a -0.26% return per unit of risk over the last 3 months. Oxford Technology exposes seventeen different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Oxford Technology's Variance of 6.35, risk adjusted performance of (0.19), and Coefficient Of Variation of (396.96) to confirm the risk estimate we provide. The company holds a Beta of 0.18, which implies not very significant fluctuations relative to the market. As returns on the market increase, Oxford Technology's returns are expected to increase less than the market. However, during the bear market, the loss of holding Oxford Technology is expected to be smaller as well. At this point, Oxford Technology has a negative expected return of -0.65%. Please make sure to check Oxford Technology's variance, value at risk, day median price, as well as the relationship between the jensen alpha and kurtosis , to decide if Oxford Technology performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.92 |
Excellent predictability
Oxford Technology 2 has excellent predictability. Overlapping area represents the amount of predictability between Oxford Technology time series from 2nd of June 2024 to 31st of August 2024 and 31st of August 2024 to 29th 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 Oxford Technology price movement. The serial correlation of 0.92 indicates that approximately 92.0% of current Oxford Technology price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.92 | |
| Spearman Rank Test | 0.53 | |
| Residual Average | 0.0 | |
| Price Variance | 2.57 |
Oxford Technology lagged returns against current returns
Autocorrelation, which is Oxford Technology 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 Oxford Technology's stock expected returns. We can calculate the autocorrelation of Oxford Technology returns to help us make a trade decision. For example, suppose you find that Oxford Technology 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 |
Oxford Technology 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 Technology stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Oxford Technology stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Oxford Technology stock over time.
Current vs Lagged Prices |
| Timeline |
Oxford Technology Lagged Returns
When evaluating Oxford Technology's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Oxford Technology stock have on its future price. Oxford Technology 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 Technology autocorrelation shows the relationship between Oxford Technology stock current value and its past values and can show if there is a momentum factor associated with investing in Oxford Technology 2.
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.Other Information on Investing in Oxford Stock
Oxford Technology financial ratios help investors to determine whether Oxford Stock 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 Technology security.