Oasis Crescent (South Africa) Market Value
| OAS Stock | 2,050 0.00 0.00% |
| Symbol | Oasis |
Oasis Crescent '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 Oasis Crescent'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 Oasis Crescent.
| 01/03/2023 |
| 12/23/2024 |
If you would invest 0.00 in Oasis Crescent on January 3, 2023 and sell it all today you would earn a total of 0.00 from holding Oasis Crescent Property or generate 0.0% return on investment in Oasis Crescent over 720 days. Oasis Crescent is related to or competes with Growthpoint Properties, Emira Property, Dipula Income, Octodec, Safari Investments. More
Oasis Crescent 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 Oasis Crescent'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 Oasis Crescent Property upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | 0.0583 | |||
| Maximum Drawdown | 4.65 | |||
| Potential Upside | 1.56 |
Oasis Crescent Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Oasis Crescent's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Oasis Crescent's standard deviation. In reality, there are many statistical measures that can use Oasis Crescent historical prices to predict the future Oasis Crescent's volatility.| Risk Adjusted Performance | 0.0781 | |||
| Jensen Alpha | 0.0722 | |||
| Total Risk Alpha | 0.0465 | |||
| Treynor Ratio | (0.46) |
Oasis Crescent Property Backtested Returns
At this point, Oasis Crescent is very steady. Oasis Crescent Property maintains Sharpe Ratio (i.e., Efficiency) of 0.1, which implies the firm had a 0.1% return per unit of risk over the last 3 months. We have found seventeen technical indicators for Oasis Crescent Property, which you can use to evaluate the volatility of the company. Please check Oasis Crescent's Coefficient Of Variation of 1015.3, risk adjusted performance of 0.0781, and Variance of 0.6426 to confirm if the risk estimate we provide is consistent with the expected return of 0.084%. Oasis Crescent has a performance score of 8 on a scale of 0 to 100. The company holds a Beta of -0.15, which implies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Oasis Crescent are expected to decrease at a much lower rate. During the bear market, Oasis Crescent is likely to outperform the market. Oasis Crescent Property right now holds a risk of 0.83%. Please check Oasis Crescent Property mean deviation, information ratio, skewness, as well as the relationship between the standard deviation and maximum drawdown , to decide if Oasis Crescent Property will be following its historical price patterns.
Auto-correlation | 0.06 |
Virtually no predictability
Oasis Crescent Property has virtually no predictability. Overlapping area represents the amount of predictability between Oasis Crescent time series from 3rd of January 2023 to 29th of December 2023 and 29th of December 2023 to 23rd 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 Oasis Crescent Property price movement. The serial correlation of 0.06 indicates that barely 6.0% of current Oasis Crescent price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.06 | |
| Spearman Rank Test | -0.39 | |
| Residual Average | 0.0 | |
| Price Variance | 418 K |
Oasis Crescent Property lagged returns against current returns
Autocorrelation, which is Oasis Crescent 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 Oasis Crescent's stock expected returns. We can calculate the autocorrelation of Oasis Crescent returns to help us make a trade decision. For example, suppose you find that Oasis Crescent 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 |
Oasis Crescent 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 Oasis Crescent stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Oasis Crescent stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Oasis Crescent stock over time.
Current vs Lagged Prices |
| Timeline |
Oasis Crescent Lagged Returns
When evaluating Oasis Crescent's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Oasis Crescent stock have on its future price. Oasis Crescent 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, Oasis Crescent autocorrelation shows the relationship between Oasis Crescent stock current value and its past values and can show if there is a momentum factor associated with investing in Oasis Crescent Property.
Regressed Prices |
| Timeline |
Also Currently Popular
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.Other Information on Investing in Oasis Stock
Oasis Crescent financial ratios help investors to determine whether Oasis 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 Oasis with respect to the benefits of owning Oasis Crescent security.