Overactive Media Corp Stock Market Value
| OAMCF Stock | USD 0.17 0.02 10.53% |
| Symbol | OverActive |
OverActive Media '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 OverActive Media'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 OverActive Media.
| 10/30/2024 |
| 11/29/2024 |
If you would invest 0.00 in OverActive Media on October 30, 2024 and sell it all today you would earn a total of 0.00 from holding OverActive Media Corp or generate 0.0% return on investment in OverActive Media over 30 days. OverActive Media Corp. operates as a media, sports, and entertainment company More
OverActive Media 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 OverActive Media'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 OverActive Media Corp upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 13.85 | |||
| Information Ratio | 0.024 | |||
| Maximum Drawdown | 75.0 | |||
| Value At Risk | (14.29) | |||
| Potential Upside | 21.43 |
OverActive Media Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for OverActive Media's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as OverActive Media's standard deviation. In reality, there are many statistical measures that can use OverActive Media historical prices to predict the future OverActive Media's volatility.| Risk Adjusted Performance | 0.0363 | |||
| Jensen Alpha | 0.2702 | |||
| Total Risk Alpha | (1.30) | |||
| Sortino Ratio | 0.0194 | |||
| Treynor Ratio | 0.3898 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of OverActive Media'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.
OverActive Media Corp Backtested Returns
OverActive Media appears to be out of control, given 3 months investment horizon. OverActive Media Corp maintains Sharpe Ratio (i.e., Efficiency) of 0.0773, which implies the firm had a 0.0773% return per unit of risk over the last 3 months. By analyzing OverActive Media's technical indicators, you can evaluate if the expected return of 0.86% is justified by implied risk. Please evaluate OverActive Media's Semi Deviation of 6.7, coefficient of variation of 2839.68, and Risk Adjusted Performance of 0.0363 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, OverActive Media holds a performance score of 6. The company holds a Beta of 0.98, which implies possible diversification benefits within a given portfolio. OverActive Media returns are very sensitive to returns on the market. As the market goes up or down, OverActive Media is expected to follow. Please check OverActive Media's information ratio, value at risk, kurtosis, as well as the relationship between the sortino ratio and semi variance , to make a quick decision on whether OverActive Media's historical price patterns will revert.
Auto-correlation | -0.5 |
Modest reverse predictability
OverActive Media Corp has modest reverse predictability. Overlapping area represents the amount of predictability between OverActive Media time series from 30th of October 2024 to 14th of November 2024 and 14th of November 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 OverActive Media Corp price movement. The serial correlation of -0.5 indicates that about 50.0% of current OverActive Media price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.5 | |
| Spearman Rank Test | -0.18 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
OverActive Media Corp lagged returns against current returns
Autocorrelation, which is OverActive Media 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 OverActive Media's pink sheet expected returns. We can calculate the autocorrelation of OverActive Media returns to help us make a trade decision. For example, suppose you find that OverActive Media 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 |
OverActive Media 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 OverActive Media pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if OverActive Media pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in OverActive Media pink sheet over time.
Current vs Lagged Prices |
| Timeline |
OverActive Media Lagged Returns
When evaluating OverActive Media's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of OverActive Media pink sheet have on its future price. OverActive Media 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, OverActive Media autocorrelation shows the relationship between OverActive Media pink sheet current value and its past values and can show if there is a momentum factor associated with investing in OverActive Media Corp.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in OverActive Pink Sheet
OverActive Media financial ratios help investors to determine whether OverActive 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 OverActive with respect to the benefits of owning OverActive Media security.