Otc Markets Group Stock Market Value
| OTCM Stock | USD 53.40 0.28 0.53% |
| Symbol | Otc |
Otc Markets '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 Otc Markets' otc 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 Otc Markets.
| 06/21/2024 |
| 12/18/2024 |
If you would invest 0.00 in Otc Markets on June 21, 2024 and sell it all today you would earn a total of 0.00 from holding Otc Markets Group or generate 0.0% return on investment in Otc Markets over 180 days. Otc Markets is related to or competes with Winmark, Diamond Hill, Crimson Wine, Bank of NT, and Northrim BanCorp. OTC Markets Group Inc. engages in the financial market business in the United States and internationally More
Otc Markets 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 Otc Markets' otc 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 Otc Markets Group upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.68 | |||
| Information Ratio | 0.1202 | |||
| Maximum Drawdown | 7.92 | |||
| Value At Risk | (2.64) | |||
| Potential Upside | 2.86 |
Otc Markets Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Otc Markets' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Otc Markets' standard deviation. In reality, there are many statistical measures that can use Otc Markets historical prices to predict the future Otc Markets' volatility.| Risk Adjusted Performance | 0.1234 | |||
| Jensen Alpha | 0.2469 | |||
| Total Risk Alpha | 0.1221 | |||
| Sortino Ratio | 0.1139 | |||
| Treynor Ratio | 8.15 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Otc Markets' 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.
Otc Markets Group Backtested Returns
Otc Markets appears to be very steady, given 3 months investment horizon. Otc Markets Group maintains Sharpe Ratio (i.e., Efficiency) of 0.16, which implies the firm had a 0.16% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Otc Markets Group, which you can use to evaluate the volatility of the company. Please evaluate Otc Markets' Risk Adjusted Performance of 0.1234, coefficient of variation of 614.36, and Semi Deviation of 1.29 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Otc Markets holds a performance score of 12. The company holds a Beta of 0.0305, which implies not very significant fluctuations relative to the market. As returns on the market increase, Otc Markets' returns are expected to increase less than the market. However, during the bear market, the loss of holding Otc Markets is expected to be smaller as well. Please check Otc Markets' value at risk, and the relationship between the jensen alpha and skewness , to make a quick decision on whether Otc Markets' historical price patterns will revert.
Auto-correlation | -0.57 |
Good reverse predictability
Otc Markets Group has good reverse predictability. Overlapping area represents the amount of predictability between Otc Markets time series from 21st of June 2024 to 19th of September 2024 and 19th of September 2024 to 18th 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 Otc Markets Group price movement. The serial correlation of -0.57 indicates that roughly 57.0% of current Otc Markets price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.57 | |
| Spearman Rank Test | -0.41 | |
| Residual Average | 0.0 | |
| Price Variance | 7.93 |
Otc Markets Group lagged returns against current returns
Autocorrelation, which is Otc Markets otc 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 Otc Markets' otc stock expected returns. We can calculate the autocorrelation of Otc Markets returns to help us make a trade decision. For example, suppose you find that Otc Markets has exhibited high autocorrelation historically, and you observe that the otc 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 |
Otc Markets 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 Otc Markets otc stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Otc Markets otc stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Otc Markets otc stock over time.
Current vs Lagged Prices |
| Timeline |
Otc Markets Lagged Returns
When evaluating Otc Markets' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Otc Markets otc stock have on its future price. Otc Markets 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, Otc Markets autocorrelation shows the relationship between Otc Markets otc stock current value and its past values and can show if there is a momentum factor associated with investing in Otc Markets Group.
Regressed Prices |
| Timeline |
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Try AI Portfolio ArchitectOther Information on Investing in Otc OTC Stock
Otc Markets financial ratios help investors to determine whether Otc OTC Stock 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 Otc with respect to the benefits of owning Otc Markets security.