Olb Group Stock Market Value
| OLB Stock | USD 1.83 0.05 2.66% |
| Symbol | OLB |
OLB Group Price To Book Ratio
Is Application Software space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of OLB. If investors know OLB will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about OLB listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (6.93) | Revenue Per Share 13.714 | Quarterly Revenue Growth (0.58) | Return On Assets (0.30) | Return On Equity (1.25) |
The market value of OLB Group is measured differently than its book value, which is the value of OLB that is recorded on the company's balance sheet. Investors also form their own opinion of OLB's value that differs from its market value or its book value, called intrinsic value, which is OLB's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because OLB's market value can be influenced by many factors that don't directly affect OLB's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between OLB's value and its price as these two are different measures arrived at by different means. Investors typically determine if OLB is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, OLB's 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.
OLB '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 OLB'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 OLB.
| 11/12/2024 |
| 12/12/2024 |
If you would invest 0.00 in OLB on November 12, 2024 and sell it all today you would earn a total of 0.00 from holding OLB Group or generate 0.0% return on investment in OLB over 30 days. OLB is related to or competes with RenoWorks Software, LifeSpeak, Lytus Technologies, Auddia, Creative Realities, and Mobivity Holdings. The OLB Group, Inc. provides integrated financial and transaction processing services for small- and mid-sized merchants... More
OLB 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 OLB'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 OLB Group upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 7.77 | |||
| Information Ratio | 0.0257 | |||
| Maximum Drawdown | 43.35 | |||
| Value At Risk | (12.03) | |||
| Potential Upside | 14.45 |
OLB Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for OLB's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as OLB's standard deviation. In reality, there are many statistical measures that can use OLB historical prices to predict the future OLB's volatility.| Risk Adjusted Performance | 0.0389 | |||
| Jensen Alpha | 0.1807 | |||
| Total Risk Alpha | (0.95) | |||
| Sortino Ratio | 0.0265 | |||
| Treynor Ratio | 0.2625 |
OLB Group Backtested Returns
At this point, OLB is dangerous. OLB Group retains Efficiency (Sharpe Ratio) of 0.022, which implies the firm had a 0.022% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for OLB, which you can use to evaluate the volatility of the company. Please check OLB's market risk adjusted performance of 0.2725, and Semi Deviation of 7.27 to confirm if the risk estimate we provide is consistent with the expected return of 0.17%. OLB has a performance score of 1 on a scale of 0 to 100. The company owns a Beta (Systematic Risk) of 1.22, which implies a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, OLB will likely underperform. OLB Group now owns a risk of 7.91%. Please check OLB Group maximum drawdown, skewness, and the relationship between the total risk alpha and downside variance , to decide if OLB Group will be following its current price history.
Auto-correlation | -0.33 |
Poor reverse predictability
OLB Group has poor reverse predictability. Overlapping area represents the amount of predictability between OLB time series from 12th of November 2024 to 27th of November 2024 and 27th of November 2024 to 12th 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 OLB Group price movement. The serial correlation of -0.33 indicates that nearly 33.0% of current OLB price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.33 | |
| Spearman Rank Test | 0.04 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
OLB Group lagged returns against current returns
Autocorrelation, which is OLB 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 OLB's stock expected returns. We can calculate the autocorrelation of OLB returns to help us make a trade decision. For example, suppose you find that OLB 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 |
OLB 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 OLB stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if OLB stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in OLB stock over time.
Current vs Lagged Prices |
| Timeline |
OLB Lagged Returns
When evaluating OLB's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of OLB stock have on its future price. OLB 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, OLB autocorrelation shows the relationship between OLB stock current value and its past values and can show if there is a momentum factor associated with investing in OLB Group.
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.When determining whether OLB Group offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of OLB's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Olb Group Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Olb Group Stock:Check out OLB Correlation, OLB Volatility and OLB Alpha and Beta module to complement your research on OLB. You can also try the Volatility Analysis module to get historical volatility and risk analysis based on latest market data.
OLB technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.