Oxford Lane Capital Stock Market Value
| OXLCZ Stock | USD 23.72 0.04 0.17% |
| Symbol | Oxford |
Oxford Lane Capital Price To Book Ratio
Is Investment Banking & Brokerage 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 Oxford Lane. If investors know Oxford 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 Oxford Lane listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Oxford Lane Capital is measured differently than its book value, which is the value of Oxford that is recorded on the company's balance sheet. Investors also form their own opinion of Oxford Lane's value that differs from its market value or its book value, called intrinsic value, which is Oxford Lane'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 Oxford Lane's market value can be influenced by many factors that don't directly affect Oxford Lane'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 Oxford Lane's value and its price as these two are different measures arrived at by different means. Investors typically determine if Oxford Lane is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Oxford Lane'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.
Oxford Lane '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 Oxford Lane'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 Oxford Lane.
| 11/18/2024 |
| 12/18/2024 |
If you would invest 0.00 in Oxford Lane on November 18, 2024 and sell it all today you would earn a total of 0.00 from holding Oxford Lane Capital or generate 0.0% return on investment in Oxford Lane over 30 days. Oxford Lane is related to or competes with Oxford Lane, and Oxford Lane. Oxford Lane is entity of United States. It is traded as Stock on NASDAQ exchange. More
Oxford Lane 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 Oxford Lane'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 Oxford Lane Capital upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.2073 | |||
| Information Ratio | (0.14) | |||
| Maximum Drawdown | 0.9043 | |||
| Value At Risk | (0.30) | |||
| Potential Upside | 0.3431 |
Oxford Lane Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Oxford Lane's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Oxford Lane's standard deviation. In reality, there are many statistical measures that can use Oxford Lane historical prices to predict the future Oxford Lane's volatility.| Risk Adjusted Performance | 0.1282 | |||
| Jensen Alpha | 0.0283 | |||
| Total Risk Alpha | 0.0159 | |||
| Sortino Ratio | (0.13) | |||
| Treynor Ratio | 0.6412 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Oxford Lane'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.
Oxford Lane Capital Backtested Returns
At this stage we consider Oxford Stock to be very steady. Oxford Lane Capital maintains Sharpe Ratio (i.e., Efficiency) of 0.17, which implies the firm had a 0.17% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Oxford Lane Capital, which you can use to evaluate the volatility of the company. Please check Oxford Lane's Standard Deviation of 0.1907, risk adjusted performance of 0.1282, and Downside Deviation of 0.2073 to confirm if the risk estimate we provide is consistent with the expected return of 0.0313%. Oxford Lane has a performance score of 13 on a scale of 0 to 100. The company holds a Beta of 0.0485, which implies not very significant fluctuations relative to the market. As returns on the market increase, Oxford Lane's returns are expected to increase less than the market. However, during the bear market, the loss of holding Oxford Lane is expected to be smaller as well. Oxford Lane Capital right now holds a risk of 0.18%. Please check Oxford Lane Capital treynor ratio, as well as the relationship between the expected short fall and day median price , to decide if Oxford Lane Capital will be following its historical price patterns.
Auto-correlation | 0.72 |
Good predictability
Oxford Lane Capital has good predictability. Overlapping area represents the amount of predictability between Oxford Lane time series from 18th of November 2024 to 3rd of December 2024 and 3rd of December 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 Oxford Lane Capital price movement. The serial correlation of 0.72 indicates that around 72.0% of current Oxford Lane price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.72 | |
| Spearman Rank Test | 0.71 | |
| Residual Average | 0.0 | |
| Price Variance | 0.01 |
Oxford Lane Capital lagged returns against current returns
Autocorrelation, which is Oxford Lane 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 Oxford Lane's stock expected returns. We can calculate the autocorrelation of Oxford Lane returns to help us make a trade decision. For example, suppose you find that Oxford Lane 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 |
Oxford Lane 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 Oxford Lane stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Oxford Lane stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Oxford Lane stock over time.
Current vs Lagged Prices |
| Timeline |
Oxford Lane Lagged Returns
When evaluating Oxford Lane's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Oxford Lane stock have on its future price. Oxford Lane 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, Oxford Lane autocorrelation shows the relationship between Oxford Lane stock current value and its past values and can show if there is a momentum factor associated with investing in Oxford Lane Capital.
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 Oxford Stock Analysis
When running Oxford Lane's price analysis, check to measure Oxford Lane's 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 Oxford Lane is operating at the current time. Most of Oxford Lane's value examination focuses on studying past and present price action to predict the probability of Oxford Lane's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Oxford Lane's price. Additionally, you may evaluate how the addition of Oxford Lane to your portfolios can decrease your overall portfolio volatility.