OSB GROUP (Germany) Market Value
| 2UK Stock | EUR 4.66 0.04 0.85% |
| Symbol | OSB |
OSB GROUP '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 OSB GROUP'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 OSB GROUP.
| 12/30/2023 |
| 12/24/2024 |
If you would invest 0.00 in OSB GROUP on December 30, 2023 and sell it all today you would earn a total of 0.00 from holding OSB GROUP PLC or generate 0.0% return on investment in OSB GROUP over 360 days. OSB GROUP is related to or competes with Mr Cooper, FIRST NATIONAL, Deutsche Pfandbriefbank, ELLINGTON FINL, TIMBERCREEK FINL, and ATRIUM MORTGAGE. OneSavings Bank plc, through its subsidiaries, operates as a specialist lending and retail savings company in the United... More
OSB GROUP 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 OSB GROUP'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 OSB GROUP PLC upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.55 | |||
| Information Ratio | 0.02 | |||
| Maximum Drawdown | 12.17 | |||
| Value At Risk | (3.59) | |||
| Potential Upside | 3.49 |
OSB GROUP Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for OSB GROUP's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as OSB GROUP's standard deviation. In reality, there are many statistical measures that can use OSB GROUP historical prices to predict the future OSB GROUP's volatility.| Risk Adjusted Performance | 0.0341 | |||
| Jensen Alpha | 0.0838 | |||
| Total Risk Alpha | 0.0025 | |||
| Sortino Ratio | 0.0174 | |||
| Treynor Ratio | (0.1) |
OSB GROUP PLC Backtested Returns
At this point, OSB GROUP is slightly risky. OSB GROUP PLC retains Efficiency (Sharpe Ratio) of 0.0323, which implies the firm had a 0.0323% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for OSB GROUP, which you can use to evaluate the volatility of the company. Please check OSB GROUP's semi deviation of 2.26, and Market Risk Adjusted Performance of (0.09) to confirm if the risk estimate we provide is consistent with the expected return of 0.0731%. OSB GROUP has a performance score of 2 on a scale of 0 to 100. The company owns a Beta (Systematic Risk) of -0.7, which implies possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning OSB GROUP are expected to decrease at a much lower rate. During the bear market, OSB GROUP is likely to outperform the market. OSB GROUP PLC currently owns a risk of 2.26%. Please check OSB GROUP PLC mean deviation, downside deviation, standard deviation, as well as the relationship between the semi deviation and coefficient of variation , to decide if OSB GROUP PLC will be following its current price history.
Auto-correlation | -0.06 |
Very weak reverse predictability
OSB GROUP PLC has very weak reverse predictability. Overlapping area represents the amount of predictability between OSB GROUP time series from 30th of December 2023 to 27th of June 2024 and 27th of June 2024 to 24th 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 OSB GROUP PLC price movement. The serial correlation of -0.06 indicates that barely 6.0% of current OSB GROUP price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.06 | |
| Spearman Rank Test | -0.43 | |
| Residual Average | 0.0 | |
| Price Variance | 0.24 |
OSB GROUP PLC lagged returns against current returns
Autocorrelation, which is OSB GROUP 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 OSB GROUP's stock expected returns. We can calculate the autocorrelation of OSB GROUP returns to help us make a trade decision. For example, suppose you find that OSB GROUP 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 |
OSB GROUP 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 OSB GROUP stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if OSB GROUP stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in OSB GROUP stock over time.
Current vs Lagged Prices |
| Timeline |
OSB GROUP Lagged Returns
When evaluating OSB GROUP's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of OSB GROUP stock have on its future price. OSB GROUP 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, OSB GROUP autocorrelation shows the relationship between OSB GROUP stock current value and its past values and can show if there is a momentum factor associated with investing in OSB GROUP PLC.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in OSB Stock
OSB GROUP financial ratios help investors to determine whether OSB 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 OSB with respect to the benefits of owning OSB GROUP security.