OceanPact Servios (Brazil) Market Value
| OPCT3 Stock | BRL 5.58 0.07 1.27% |
| Symbol | OceanPact |
OceanPact Servios '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 OceanPact Servios' 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 OceanPact Servios.
| 12/22/2022 |
| 12/11/2024 |
If you would invest 0.00 in OceanPact Servios on December 22, 2022 and sell it all today you would earn a total of 0.00 from holding OceanPact Servios Martimos or generate 0.0% return on investment in OceanPact Servios over 720 days. OceanPact Servios is related to or competes with Hidrovias, Enjoei SA, MPM Corpreos, Intelbras, and Mobly SA. OceanPact Servios Martimos S.A. provides services related to the study, protection, monitoring, and sustainable use of t... More
OceanPact Servios 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 OceanPact Servios' 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 OceanPact Servios Martimos upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.22) | |||
| Maximum Drawdown | 9.4 | |||
| Value At Risk | (3.40) | |||
| Potential Upside | 2.25 |
OceanPact Servios Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for OceanPact Servios' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as OceanPact Servios' standard deviation. In reality, there are many statistical measures that can use OceanPact Servios historical prices to predict the future OceanPact Servios' volatility.| Risk Adjusted Performance | (0.11) | |||
| Jensen Alpha | (0.33) | |||
| Total Risk Alpha | (0.62) | |||
| Treynor Ratio | (2.31) |
OceanPact Servios Backtested Returns
OceanPact Servios maintains Sharpe Ratio (i.e., Efficiency) of -0.14, which implies the firm had a -0.14% return per unit of risk over the last 3 months. OceanPact Servios exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check OceanPact Servios' Coefficient Of Variation of (635.77), variance of 3.71, and Risk Adjusted Performance of (0.11) to confirm the risk estimate we provide. The company holds a Beta of 0.14, which implies not very significant fluctuations relative to the market. As returns on the market increase, OceanPact Servios' returns are expected to increase less than the market. However, during the bear market, the loss of holding OceanPact Servios is expected to be smaller as well. At this point, OceanPact Servios has a negative expected return of -0.27%. Please make sure to check OceanPact Servios' standard deviation, total risk alpha, maximum drawdown, as well as the relationship between the jensen alpha and treynor ratio , to decide if OceanPact Servios performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.43 |
Average predictability
OceanPact Servios Martimos has average predictability. Overlapping area represents the amount of predictability between OceanPact Servios time series from 22nd of December 2022 to 17th of December 2023 and 17th of December 2023 to 11th 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 OceanPact Servios price movement. The serial correlation of 0.43 indicates that just about 43.0% of current OceanPact Servios price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.43 | |
| Spearman Rank Test | 0.35 | |
| Residual Average | 0.0 | |
| Price Variance | 0.17 |
OceanPact Servios lagged returns against current returns
Autocorrelation, which is OceanPact Servios 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 OceanPact Servios' stock expected returns. We can calculate the autocorrelation of OceanPact Servios returns to help us make a trade decision. For example, suppose you find that OceanPact Servios 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 |
OceanPact Servios 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 OceanPact Servios stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if OceanPact Servios stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in OceanPact Servios stock over time.
Current vs Lagged Prices |
| Timeline |
OceanPact Servios Lagged Returns
When evaluating OceanPact Servios' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of OceanPact Servios stock have on its future price. OceanPact Servios 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, OceanPact Servios autocorrelation shows the relationship between OceanPact Servios stock current value and its past values and can show if there is a momentum factor associated with investing in OceanPact Servios Martimos.
Regressed Prices |
| Timeline |
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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.Additional Tools for OceanPact Stock Analysis
When running OceanPact Servios' price analysis, check to measure OceanPact Servios' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy OceanPact Servios is operating at the current time. Most of OceanPact Servios' value examination focuses on studying past and present price action to predict the probability of OceanPact Servios' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move OceanPact Servios' price. Additionally, you may evaluate how the addition of OceanPact Servios to your portfolios can decrease your overall portfolio volatility.