Ozop Surgical Corp Stock Market Value
| OZSC Stock | USD 0.0008 0.0001 11.11% |
| Symbol | Ozop |
Ozop Surgical '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 Ozop Surgical's 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 Ozop Surgical.
| 10/04/2023 |
| 11/27/2024 |
If you would invest 0.00 in Ozop Surgical on October 4, 2023 and sell it all today you would earn a total of 0.00 from holding Ozop Surgical Corp or generate 0.0% return on investment in Ozop Surgical over 420 days. Ozop Surgical is related to or competes with Plug Power, Bloom Energy, Microvast Holdings, Solid Power, CBAK Energy, Pioneer Power, and Ocean Power. Ozop Energy Solutions, Inc., together with its subsidiaries, invents, designs, develops, manufactures, and distributes r... More
Ozop Surgical 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 Ozop Surgical's 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 Ozop Surgical Corp upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.06) | |||
| Maximum Drawdown | 38.38 | |||
| Value At Risk | (11.11) | |||
| Potential Upside | 11.11 |
Ozop Surgical Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Ozop Surgical's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Ozop Surgical's standard deviation. In reality, there are many statistical measures that can use Ozop Surgical historical prices to predict the future Ozop Surgical's volatility.| Risk Adjusted Performance | (0.02) | |||
| Jensen Alpha | (0.12) | |||
| Total Risk Alpha | (1.54) | |||
| Treynor Ratio | 0.1891 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Ozop Surgical'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.
Ozop Surgical Corp Backtested Returns
Ozop Surgical Corp maintains Sharpe Ratio (i.e., Efficiency) of -0.0353, which implies the firm had a -0.0353% return per unit of risk over the last 3 months. Ozop Surgical Corp exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Ozop Surgical's Coefficient Of Variation of (2,294), risk adjusted performance of (0.02), and Variance of 57.86 to confirm the risk estimate we provide. The company holds a Beta of -1.81, which implies a somewhat significant risk relative to the market. As returns on the market increase, returns on owning Ozop Surgical are expected to decrease by larger amounts. On the other hand, during market turmoil, Ozop Surgical is expected to outperform it. At this point, Ozop Surgical Corp has a negative expected return of -0.25%. Please make sure to check Ozop Surgical's treynor ratio, kurtosis, as well as the relationship between the Kurtosis and day typical price , to decide if Ozop Surgical Corp performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.30 |
Below average predictability
Ozop Surgical Corp has below average predictability. Overlapping area represents the amount of predictability between Ozop Surgical time series from 4th of October 2023 to 1st of May 2024 and 1st of May 2024 to 27th 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 Ozop Surgical Corp price movement. The serial correlation of 0.3 indicates that nearly 30.0% of current Ozop Surgical price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.3 | |
| Spearman Rank Test | -0.06 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Ozop Surgical Corp lagged returns against current returns
Autocorrelation, which is Ozop Surgical 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 Ozop Surgical's pink sheet expected returns. We can calculate the autocorrelation of Ozop Surgical returns to help us make a trade decision. For example, suppose you find that Ozop Surgical 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 |
Ozop Surgical 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 Ozop Surgical pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Ozop Surgical pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Ozop Surgical pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Ozop Surgical Lagged Returns
When evaluating Ozop Surgical's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Ozop Surgical pink sheet have on its future price. Ozop Surgical 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, Ozop Surgical autocorrelation shows the relationship between Ozop Surgical pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Ozop Surgical Corp.
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.Other Information on Investing in Ozop Pink Sheet
Ozop Surgical financial ratios help investors to determine whether Ozop 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 Ozop with respect to the benefits of owning Ozop Surgical security.