Overstock (UK) Market Value
| 0KDU Stock | 6.34 0.39 5.79% |
| Symbol | Overstock |
Overstock '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 Overstock'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 Overstock.
| 01/31/2025 |
| 03/02/2025 |
If you would invest 0.00 in Overstock on January 31, 2025 and sell it all today you would earn a total of 0.00 from holding Overstock or generate 0.0% return on investment in Overstock over 30 days. Overstock is related to or competes with Fevertree Drinks, One Media, Ubisoft Entertainment, Direct Line, and Grand Vision. Overstock is entity of United Kingdom. It is traded as Stock on LSE exchange. More
Overstock 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 Overstock'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 Overstock upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 5.32 | |||
| Information Ratio | 0.0408 | |||
| Maximum Drawdown | 32.38 | |||
| Value At Risk | (9.30) | |||
| Potential Upside | 14.55 |
Overstock Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Overstock's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Overstock's standard deviation. In reality, there are many statistical measures that can use Overstock historical prices to predict the future Overstock's volatility.| Risk Adjusted Performance | 0.0376 | |||
| Jensen Alpha | 0.2784 | |||
| Total Risk Alpha | 0.4646 | |||
| Sortino Ratio | 0.052 | |||
| Treynor Ratio | 0.2329 |
Overstock Backtested Returns
Currently, Overstock is unstable. Overstock maintains Sharpe Ratio (i.e., Efficiency) of 0.0268, which implies the firm had a 0.0268 % return per unit of risk over the last 3 months. We have found thirty technical indicators for Overstock, which you can use to evaluate the volatility of the company. Please check Overstock's Coefficient Of Variation of 2570.0, risk adjusted performance of 0.0376, and Semi Deviation of 4.83 to confirm if the risk estimate we provide is consistent with the expected return of 0.18%. Overstock has a performance score of 2 on a scale of 0 to 100. The company holds a Beta of 1.09, which implies a somewhat significant risk relative to the market. Overstock returns are very sensitive to returns on the market. As the market goes up or down, Overstock is expected to follow. Overstock right now holds a risk of 6.86%. Please check Overstock downside deviation, standard deviation, and the relationship between the semi deviation and coefficient of variation , to decide if Overstock will be following its historical price patterns.
Auto-correlation | -0.25 |
Weak reverse predictability
Overstock has weak reverse predictability. Overlapping area represents the amount of predictability between Overstock time series from 31st of January 2025 to 15th of February 2025 and 15th of February 2025 to 2nd 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 Overstock price movement. The serial correlation of -0.25 indicates that over 25.0% of current Overstock price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.25 | |
| Spearman Rank Test | -0.24 | |
| Residual Average | 0.0 | |
| Price Variance | 1.02 |
Overstock lagged returns against current returns
Autocorrelation, which is Overstock 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 Overstock's stock expected returns. We can calculate the autocorrelation of Overstock returns to help us make a trade decision. For example, suppose you find that Overstock 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 |
Overstock 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 Overstock stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Overstock stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Overstock stock over time.
Current vs Lagged Prices |
| Timeline |
Overstock Lagged Returns
When evaluating Overstock's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Overstock stock have on its future price. Overstock 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, Overstock autocorrelation shows the relationship between Overstock stock current value and its past values and can show if there is a momentum factor associated with investing in Overstock.
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 Overstock Stock Analysis
When running Overstock's price analysis, check to measure Overstock'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 Overstock is operating at the current time. Most of Overstock's value examination focuses on studying past and present price action to predict the probability of Overstock's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Overstock's price. Additionally, you may evaluate how the addition of Overstock to your portfolios can decrease your overall portfolio volatility.