OAR RESOURCES (Germany) Market Value
| F1S Stock | EUR 0.03 0 4.08% |
| Symbol | OAR |
OAR RESOURCES '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 OAR RESOURCES'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 OAR RESOURCES.
| 12/29/2022 |
| 12/18/2024 |
If you would invest 0.00 in OAR RESOURCES on December 29, 2022 and sell it all today you would earn a total of 0.00 from holding OAR RESOURCES LTD or generate 0.0% return on investment in OAR RESOURCES over 720 days. OAR RESOURCES is related to or competes with American Lithium, ADRIATIC METALS, Superior Plus, SIVERS SEMICONDUCTORS, Reliance Steel, RYOHIN UNSPADR1, and Vanguard Funds. OAR Resources Limited engages in the exploration and development of mineral deposits in Australia, Peru, and the United ... More
OAR RESOURCES 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 OAR RESOURCES'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 OAR RESOURCES LTD upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | 0.1228 |
OAR RESOURCES Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for OAR RESOURCES's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as OAR RESOURCES's standard deviation. In reality, there are many statistical measures that can use OAR RESOURCES historical prices to predict the future OAR RESOURCES's volatility.| Risk Adjusted Performance | 0.1013 | |||
| Jensen Alpha | 2.33 | |||
| Total Risk Alpha | 0.8278 | |||
| Treynor Ratio | (1.56) |
OAR RESOURCES LTD Backtested Returns
OAR RESOURCES is out of control given 3 months investment horizon. OAR RESOURCES LTD maintains Sharpe Ratio (i.e., Efficiency) of 0.13, which implies the company had a 0.13% return per unit of standard deviation over the last 3 months. We were able to interpolate twenty different technical indicators, which can help you to evaluate if expected returns of 2.37% are justified by taking the suggested risk. Use OAR RESOURCES Market Risk Adjusted Performance of (1.55), variance of 318.54, and Mean Deviation of 4.38 to evaluate company specific risk that cannot be diversified away. OAR RESOURCES holds a performance score of 10 on a scale of zero to a hundred. The firm holds a Beta of -1.44, which implies a somewhat significant risk relative to the market. As returns on the market increase, returns on owning OAR RESOURCES are expected to decrease by larger amounts. On the other hand, during market turmoil, OAR RESOURCES is expected to outperform it. Use OAR RESOURCES accumulation distribution, rate of daily change, and the relationship between the kurtosis and daily balance of power , to analyze future returns on OAR RESOURCES.
Auto-correlation | 0.04 |
Virtually no predictability
OAR RESOURCES LTD has virtually no predictability. Overlapping area represents the amount of predictability between OAR RESOURCES time series from 29th of December 2022 to 24th of December 2023 and 24th of December 2023 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 OAR RESOURCES LTD price movement. The serial correlation of 0.04 indicates that only as little as 4.0% of current OAR RESOURCES price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.04 | |
| Spearman Rank Test | -0.19 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
OAR RESOURCES LTD lagged returns against current returns
Autocorrelation, which is OAR RESOURCES 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 OAR RESOURCES's stock expected returns. We can calculate the autocorrelation of OAR RESOURCES returns to help us make a trade decision. For example, suppose you find that OAR RESOURCES 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 |
OAR RESOURCES 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 OAR RESOURCES stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if OAR RESOURCES stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in OAR RESOURCES stock over time.
Current vs Lagged Prices |
| Timeline |
OAR RESOURCES Lagged Returns
When evaluating OAR RESOURCES's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of OAR RESOURCES stock have on its future price. OAR RESOURCES 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, OAR RESOURCES autocorrelation shows the relationship between OAR RESOURCES stock current value and its past values and can show if there is a momentum factor associated with investing in OAR RESOURCES LTD.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in OAR Stock
OAR RESOURCES financial ratios help investors to determine whether OAR 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 OAR with respect to the benefits of owning OAR RESOURCES security.