Ossiam Food's market value is the price at which a share of Ossiam Food trades on a public exchange. It measures the collective expectations of Ossiam Food for investors about its performance. Ossiam Food is trading at 121.18 as of the 26th of December 2024, a 0.53 percent decrease since the beginning of the trading day. The etf's lowest day price was 121.18. With this module, you can estimate the performance of a buy and hold strategy of Ossiam Food for and determine expected loss or profit from investing in Ossiam Food over a given investment horizon. Check out Investing Opportunities to better understand how to build diversified portfolios. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
Symbol
Ossiam
Ossiam Food '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 Ossiam Food's etf 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 Ossiam Food.
0.00
06/29/2024
No Change 0.00
0.0
In 5 months and 30 days
12/26/2024
0.00
If you would invest 0.00 in Ossiam Food on June 29, 2024 and sell it all today you would earn a total of 0.00 from holding Ossiam Food for or generate 0.0% return on investment in Ossiam Food over 180 days.
Ossiam Food 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 Ossiam Food's etf 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 Ossiam Food for upside and downside potential and time the market with a certain degree of confidence.
Today, many novice investors tend to focus exclusively on investment returns with little concern for Ossiam Food's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Ossiam Food's standard deviation. In reality, there are many statistical measures that can use Ossiam Food historical prices to predict the future Ossiam Food's volatility.
Ossiam Food for maintains Sharpe Ratio (i.e., Efficiency) of -0.0443, which implies the entity had a -0.0443% return per unit of risk over the last 3 months. Ossiam Food for exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Ossiam Food's Variance of 0.3419, risk adjusted performance of (0.02), and Coefficient Of Variation of (6,474) to confirm the risk estimate we provide. The etf holds a Beta of 0.29, which implies not very significant fluctuations relative to the market. As returns on the market increase, Ossiam Food's returns are expected to increase less than the market. However, during the bear market, the loss of holding Ossiam Food is expected to be smaller as well.
Auto-correlation
0.52
Modest predictability
Ossiam Food for has modest predictability. Overlapping area represents the amount of predictability between Ossiam Food time series from 29th of June 2024 to 27th of September 2024 and 27th of September 2024 to 26th 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 Ossiam Food for price movement. The serial correlation of 0.52 indicates that about 52.0% of current Ossiam Food price fluctuation can be explain by its past prices.
Correlation Coefficient
0.52
Spearman Rank Test
0.44
Residual Average
0.0
Price Variance
1.97
Ossiam Food for lagged returns against current returns
Autocorrelation, which is Ossiam Food etf'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 Ossiam Food's etf expected returns. We can calculate the autocorrelation of Ossiam Food returns to help us make a trade decision. For example, suppose you find that Ossiam Food has exhibited high autocorrelation historically, and you observe that the etf 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
Ossiam Food 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 Ossiam Food etf is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Ossiam Food etf is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Ossiam Food etf over time.
Current vs Lagged Prices
Timeline
Ossiam Food Lagged Returns
When evaluating Ossiam Food's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Ossiam Food etf have on its future price. Ossiam Food 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, Ossiam Food autocorrelation shows the relationship between Ossiam Food etf current value and its past values and can show if there is a momentum factor associated with investing in Ossiam Food for.
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.