Onxeo SA (Germany) Market Value
| C4X Stock | 0.07 0.0008 1.16% |
| Symbol | Onxeo |
Onxeo SA '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 Onxeo SA'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 Onxeo SA.
| 12/08/2024 |
| 01/07/2025 |
If you would invest 0.00 in Onxeo SA on December 8, 2024 and sell it all today you would earn a total of 0.00 from holding Onxeo SA or generate 0.0% return on investment in Onxeo SA over 30 days. Onxeo SA is related to or competes with Magnachip Semiconductor, Perdoceo Education, BE Semiconductor, Tower Semiconductor, Xinhua Winshare, and MagnaChip Semiconductor. More
Onxeo SA 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 Onxeo SA'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 Onxeo SA upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 13.52 | |||
| Information Ratio | 0.0653 | |||
| Maximum Drawdown | 103.8 | |||
| Value At Risk | (28.00) | |||
| Potential Upside | 33.89 |
Onxeo SA Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Onxeo SA's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Onxeo SA's standard deviation. In reality, there are many statistical measures that can use Onxeo SA historical prices to predict the future Onxeo SA's volatility.| Risk Adjusted Performance | 0.0637 | |||
| Jensen Alpha | 1.11 | |||
| Total Risk Alpha | 0.7621 | |||
| Sortino Ratio | 0.0836 | |||
| Treynor Ratio | 0.5557 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Onxeo SA'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.
Onxeo SA Backtested Returns
Onxeo SA appears to be out of control, given 3 months investment horizon. Onxeo SA maintains Sharpe Ratio (i.e., Efficiency) of 0.0581, which implies the firm had a 0.0581% return per unit of risk over the last 3 months. By analyzing Onxeo SA's technical indicators, you can evaluate if the expected return of 0.89% is justified by implied risk. Please evaluate Onxeo SA's Coefficient Of Variation of 1493.25, risk adjusted performance of 0.0637, and Semi Deviation of 10.93 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Onxeo SA holds a performance score of 4. The company holds a Beta of 2.07, which implies a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Onxeo SA will likely underperform. Please check Onxeo SA's skewness, day typical price, and the relationship between the downside variance and daily balance of power , to make a quick decision on whether Onxeo SA's historical price patterns will revert.
Auto-correlation | -0.57 |
Good reverse predictability
Onxeo SA has good reverse predictability. Overlapping area represents the amount of predictability between Onxeo SA time series from 8th of December 2024 to 23rd of December 2024 and 23rd of December 2024 to 7th of January 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 Onxeo SA price movement. The serial correlation of -0.57 indicates that roughly 57.0% of current Onxeo SA price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.57 | |
| Spearman Rank Test | 0.21 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Onxeo SA lagged returns against current returns
Autocorrelation, which is Onxeo SA 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 Onxeo SA's stock expected returns. We can calculate the autocorrelation of Onxeo SA returns to help us make a trade decision. For example, suppose you find that Onxeo SA 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 |
Onxeo SA 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 Onxeo SA stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Onxeo SA stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Onxeo SA stock over time.
Current vs Lagged Prices |
| Timeline |
Onxeo SA Lagged Returns
When evaluating Onxeo SA's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Onxeo SA stock have on its future price. Onxeo SA 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, Onxeo SA autocorrelation shows the relationship between Onxeo SA stock current value and its past values and can show if there is a momentum factor associated with investing in Onxeo SA.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Additional Tools for Onxeo Stock Analysis
When running Onxeo SA's price analysis, check to measure Onxeo SA'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 Onxeo SA is operating at the current time. Most of Onxeo SA's value examination focuses on studying past and present price action to predict the probability of Onxeo SA's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Onxeo SA's price. Additionally, you may evaluate how the addition of Onxeo SA to your portfolios can decrease your overall portfolio volatility.