Odin For (Egypt) Market Value
| ODID Stock | 3.50 0.00 0.00% |
| Symbol | Odin |
Odin For '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 Odin For'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 Odin For.
| 12/26/2022 |
| 12/15/2024 |
If you would invest 0.00 in Odin For on December 26, 2022 and sell it all today you would earn a total of 0.00 from holding Odin for Investment or generate 0.0% return on investment in Odin For over 720 days.
Odin For 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 Odin For'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 Odin for Investment upside and downside potential and time the market with a certain degree of confidence.
Odin For Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Odin For's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Odin For's standard deviation. In reality, there are many statistical measures that can use Odin For historical prices to predict the future Odin For's volatility.Odin for Investment Backtested Returns
We have found three technical indicators for Odin for Investment, which you can use to evaluate the volatility of the company. The company holds a Beta of 0.0, which implies not very significant fluctuations relative to the market. the returns on MARKET and Odin For are completely uncorrelated.
Auto-correlation | 0.00 |
No correlation between past and present
Odin for Investment has no correlation between past and present. Overlapping area represents the amount of predictability between Odin For time series from 26th of December 2022 to 21st of December 2023 and 21st of December 2023 to 15th 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 Odin for Investment price movement. The serial correlation of 0.0 indicates that just 0.0% of current Odin For price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.0 | |
| Spearman Rank Test | 1.0 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Odin for Investment lagged returns against current returns
Autocorrelation, which is Odin For 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 Odin For's stock expected returns. We can calculate the autocorrelation of Odin For returns to help us make a trade decision. For example, suppose you find that Odin For 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 |
Odin For 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 Odin For stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Odin For stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Odin For stock over time.
Current vs Lagged Prices |
| Timeline |
Odin For Lagged Returns
When evaluating Odin For's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Odin For stock have on its future price. Odin For 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, Odin For autocorrelation shows the relationship between Odin For stock current value and its past values and can show if there is a momentum factor associated with investing in Odin for Investment.
Regressed Prices |
| Timeline |