Oscotec (Korea) Market Value
| 039200 Stock | KRW 31,700 450.00 1.40% |
| Symbol | Oscotec |
Oscotec '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 Oscotec'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 Oscotec.
| 12/17/2024 |
| 03/17/2025 |
If you would invest 0.00 in Oscotec on December 17, 2024 and sell it all today you would earn a total of 0.00 from holding Oscotec or generate 0.0% return on investment in Oscotec over 90 days. Oscotec is related to or competes with Sam Chun, and Genexine. Oscotec Inc. operates as a clinical stage drug discovery and development company More
Oscotec 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 Oscotec'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 Oscotec upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.55 | |||
| Information Ratio | 0.1715 | |||
| Maximum Drawdown | 17.44 | |||
| Value At Risk | (3.46) | |||
| Potential Upside | 6.67 |
Oscotec Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Oscotec's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Oscotec's standard deviation. In reality, there are many statistical measures that can use Oscotec historical prices to predict the future Oscotec's volatility.| Risk Adjusted Performance | 0.1318 | |||
| Jensen Alpha | 0.5914 | |||
| Total Risk Alpha | 0.9143 | |||
| Sortino Ratio | 0.2319 | |||
| Treynor Ratio | 0.4825 |
Oscotec Backtested Returns
Oscotec appears to be very steady, given 3 months investment horizon. Oscotec maintains Sharpe Ratio (i.e., Efficiency) of 0.15, which implies the firm had a 0.15 % return per unit of risk over the last 3 months. By analyzing Oscotec's technical indicators, you can evaluate if the expected return of 0.52% is justified by implied risk. Please evaluate Oscotec's Semi Deviation of 2.2, risk adjusted performance of 0.1318, and Coefficient Of Variation of 700.46 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Oscotec holds a performance score of 11. The company holds a Beta of 1.0, which implies possible diversification benefits within a given portfolio. Oscotec returns are very sensitive to returns on the market. As the market goes up or down, Oscotec is expected to follow. Please check Oscotec's downside deviation, standard deviation, and the relationship between the semi deviation and coefficient of variation , to make a quick decision on whether Oscotec's historical price patterns will revert.
Auto-correlation | 0.48 |
Average predictability
Oscotec has average predictability. Overlapping area represents the amount of predictability between Oscotec time series from 17th of December 2024 to 31st of January 2025 and 31st of January 2025 to 17th of March 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Oscotec price movement. The serial correlation of 0.48 indicates that about 48.0% of current Oscotec price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.48 | |
| Spearman Rank Test | 0.39 | |
| Residual Average | 0.0 | |
| Price Variance | 4.3 M |
Oscotec lagged returns against current returns
Autocorrelation, which is Oscotec 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 Oscotec's stock expected returns. We can calculate the autocorrelation of Oscotec returns to help us make a trade decision. For example, suppose you find that Oscotec 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 |
Oscotec 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 Oscotec stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Oscotec stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Oscotec stock over time.
Current vs Lagged Prices |
| Timeline |
Oscotec Lagged Returns
When evaluating Oscotec's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Oscotec stock have on its future price. Oscotec 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, Oscotec autocorrelation shows the relationship between Oscotec stock current value and its past values and can show if there is a momentum factor associated with investing in Oscotec.
Regressed Prices |
| Timeline |
Other Information on Investing in Oscotec Stock
Oscotec financial ratios help investors to determine whether Oscotec 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 Oscotec with respect to the benefits of owning Oscotec security.