OSK Holdings (Malaysia) Market Value

5053 Stock   1.74  0.02  1.14%   
OSK Holdings' market value is the price at which a share of OSK Holdings trades on a public exchange. It measures the collective expectations of OSK Holdings Bhd investors about its performance. OSK Holdings is selling for 1.74 as of the 23rd of December 2024. This is a 1.14 percent decrease since the beginning of the trading day. The stock's lowest day price was 1.71.
With this module, you can estimate the performance of a buy and hold strategy of OSK Holdings Bhd and determine expected loss or profit from investing in OSK Holdings over a given investment horizon. Check out OSK Holdings Correlation, OSK Holdings Volatility and OSK Holdings Alpha and Beta module to complement your research on OSK Holdings.
Symbol

Please note, there is a significant difference between OSK Holdings' value and its price as these two are different measures arrived at by different means. Investors typically determine if OSK Holdings is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, OSK Holdings' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

OSK Holdings '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 OSK Holdings' 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 OSK Holdings.
0.00
11/23/2024
No Change 0.00  0.0 
In 30 days
12/23/2024
0.00
If you would invest  0.00  in OSK Holdings on November 23, 2024 and sell it all today you would earn a total of 0.00 from holding OSK Holdings Bhd or generate 0.0% return on investment in OSK Holdings over 30 days. OSK Holdings is related to or competes with RHB Bank, Hartalega Holdings, Heineken Bhd, and Dagang Nexchange. More

OSK Holdings 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 OSK Holdings' 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 OSK Holdings Bhd upside and downside potential and time the market with a certain degree of confidence.

OSK Holdings Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for OSK Holdings' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as OSK Holdings' standard deviation. In reality, there are many statistical measures that can use OSK Holdings historical prices to predict the future OSK Holdings' volatility.
Hype
Prediction
LowEstimatedHigh
0.431.743.05
Details
Intrinsic
Valuation
LowRealHigh
0.401.713.02
Details

OSK Holdings Bhd Backtested Returns

As of now, OSK Stock is moderately volatile. OSK Holdings Bhd maintains Sharpe Ratio (i.e., Efficiency) of 0.0843, which implies the firm had a 0.0843% return per unit of volatility over the last 3 months. We have found thirty technical indicators for OSK Holdings Bhd, which you can use to evaluate the volatility of the company. Please check OSK Holdings' semi deviation of 1.03, and Risk Adjusted Performance of 0.1011 to confirm if the risk estimate we provide is consistent with the expected return of 0.11%. OSK Holdings has a performance score of 6 on a scale of 0 to 100. The company holds a Beta of 0.15, which implies not very significant fluctuations relative to the market. As returns on the market increase, OSK Holdings' returns are expected to increase less than the market. However, during the bear market, the loss of holding OSK Holdings is expected to be smaller as well. OSK Holdings Bhd currently holds a risk of 1.31%. Please check OSK Holdings Bhd semi deviation, coefficient of variation, jensen alpha, as well as the relationship between the downside deviation and standard deviation , to decide if OSK Holdings Bhd will be following its historical price patterns.

Auto-correlation

    
  0.46  

Average predictability

OSK Holdings Bhd has average predictability. Overlapping area represents the amount of predictability between OSK Holdings time series from 23rd of November 2024 to 8th of December 2024 and 8th of December 2024 to 23rd 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 OSK Holdings Bhd price movement. The serial correlation of 0.46 indicates that about 46.0% of current OSK Holdings price fluctuation can be explain by its past prices.
Correlation Coefficient0.46
Spearman Rank Test0.76
Residual Average0.0
Price Variance0.0

OSK Holdings Bhd lagged returns against current returns

Autocorrelation, which is OSK Holdings 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 OSK Holdings' stock expected returns. We can calculate the autocorrelation of OSK Holdings returns to help us make a trade decision. For example, suppose you find that OSK Holdings 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  

OSK Holdings 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 OSK Holdings stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if OSK Holdings stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in OSK Holdings stock over time.
   Current vs Lagged Prices   
       Timeline  

OSK Holdings Lagged Returns

When evaluating OSK Holdings' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of OSK Holdings stock have on its future price. OSK Holdings 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, OSK Holdings autocorrelation shows the relationship between OSK Holdings stock current value and its past values and can show if there is a momentum factor associated with investing in OSK Holdings Bhd.
   Regressed Prices   
       Timeline  

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Other Information on Investing in OSK Stock

OSK Holdings financial ratios help investors to determine whether OSK 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 OSK with respect to the benefits of owning OSK Holdings security.