Overactive Media Corp Stock Market Value
| OAM Stock | 0.29 0.01 3.33% |
| Symbol | Overactive |
Overactive Media Corp Price To Book Ratio
Overactive Media '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 Overactive Media'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 Overactive Media.
| 11/12/2024 |
| 12/12/2024 |
If you would invest 0.00 in Overactive Media on November 12, 2024 and sell it all today you would earn a total of 0.00 from holding Overactive Media Corp or generate 0.0% return on investment in Overactive Media over 30 days. Overactive Media is related to or competes with Excelsior Mining, Vista Gold, Intermap Technologies, and Condor Energies. Overactive Media is entity of Canada. It is traded as Stock on V exchange. More
Overactive Media 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 Overactive Media'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 Overactive Media Corp upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 6.34 | |||
| Information Ratio | 0.0955 | |||
| Maximum Drawdown | 22.57 | |||
| Value At Risk | (7.41) | |||
| Potential Upside | 10.0 |
Overactive Media Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Overactive Media's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Overactive Media's standard deviation. In reality, there are many statistical measures that can use Overactive Media historical prices to predict the future Overactive Media's volatility.| Risk Adjusted Performance | 0.0948 | |||
| Jensen Alpha | 0.6902 | |||
| Total Risk Alpha | (0.22) | |||
| Sortino Ratio | 0.0788 | |||
| Treynor Ratio | (0.92) |
Overactive Media Corp Backtested Returns
Overactive Media appears to be out of control, given 3 months investment horizon. Overactive Media Corp maintains Sharpe Ratio (i.e., Efficiency) of 0.14, which implies the firm had a 0.14% return per unit of risk over the last 3 months. By analyzing Overactive Media's technical indicators, you can evaluate if the expected return of 0.71% is justified by implied risk. Please evaluate Overactive Media's Coefficient Of Variation of 838.63, risk adjusted performance of 0.0948, and Semi Deviation of 3.91 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Overactive Media holds a performance score of 11. The company holds a Beta of -0.67, which implies possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Overactive Media are expected to decrease at a much lower rate. During the bear market, Overactive Media is likely to outperform the market. Please check Overactive Media's jensen alpha, semi variance, day typical price, as well as the relationship between the maximum drawdown and accumulation distribution , to make a quick decision on whether Overactive Media's historical price patterns will revert.
Auto-correlation | -0.33 |
Poor reverse predictability
Overactive Media Corp has poor reverse predictability. Overlapping area represents the amount of predictability between Overactive Media time series from 12th of November 2024 to 27th of November 2024 and 27th of November 2024 to 12th 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 Overactive Media Corp price movement. The serial correlation of -0.33 indicates that nearly 33.0% of current Overactive Media price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.33 | |
| Spearman Rank Test | -0.36 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Overactive Media Corp lagged returns against current returns
Autocorrelation, which is Overactive Media 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 Overactive Media's stock expected returns. We can calculate the autocorrelation of Overactive Media returns to help us make a trade decision. For example, suppose you find that Overactive Media 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 |
Overactive Media 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 Overactive Media stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Overactive Media stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Overactive Media stock over time.
Current vs Lagged Prices |
| Timeline |
Overactive Media Lagged Returns
When evaluating Overactive Media's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Overactive Media stock have on its future price. Overactive Media 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, Overactive Media autocorrelation shows the relationship between Overactive Media stock current value and its past values and can show if there is a momentum factor associated with investing in Overactive Media Corp.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Additional Tools for Overactive Stock Analysis
When running Overactive Media's price analysis, check to measure Overactive Media'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 Overactive Media is operating at the current time. Most of Overactive Media's value examination focuses on studying past and present price action to predict the probability of Overactive Media's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Overactive Media's price. Additionally, you may evaluate how the addition of Overactive Media to your portfolios can decrease your overall portfolio volatility.