Ocado Group's market value is the price at which a share of Ocado Group trades on a public exchange. It measures the collective expectations of Ocado Group PLC investors about its performance. Ocado Group is selling for under 279.00 as of the 9th of January 2025; that is 3.96 percent decrease since the beginning of the trading day. The stock's lowest day price was 271.4. With this module, you can estimate the performance of a buy and hold strategy of Ocado Group PLC and determine expected loss or profit from investing in Ocado Group over a given investment horizon. Check out Ocado Group Correlation, Ocado Group Volatility and Ocado Group Alpha and Beta module to complement your research on Ocado Group.
Please note, there is a significant difference between Ocado Group's value and its price as these two are different measures arrived at by different means. Investors typically determine if Ocado Group is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Ocado Group's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
Ocado Group '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 Ocado Group'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 Ocado Group.
0.00
01/20/2023
No Change 0.00
0.0
In 1 year 11 months and 22 days
01/09/2025
0.00
If you would invest 0.00 in Ocado Group on January 20, 2023 and sell it all today you would earn a total of 0.00 from holding Ocado Group PLC or generate 0.0% return on investment in Ocado Group over 720 days. Ocado Group is related to or competes with Toyota, Fannie Mae, Apple, State Bank, Freddie Mac, Microsoft, and MOL Hungarian. Ocado Group is entity of United Kingdom. It is traded as Stock on LSE exchange. More
Ocado Group 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 Ocado Group'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 Ocado Group PLC upside and downside potential and time the market with a certain degree of confidence.
Today, many novice investors tend to focus exclusively on investment returns with little concern for Ocado Group's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Ocado Group's standard deviation. In reality, there are many statistical measures that can use Ocado Group historical prices to predict the future Ocado Group's volatility.
Ocado Group PLC maintains Sharpe Ratio (i.e., Efficiency) of -0.21, which implies the firm had a -0.21% return per unit of risk over the last 3 months. Ocado Group PLC exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Ocado Group's Variance of 5.13, risk adjusted performance of (0.12), and Coefficient Of Variation of (630.94) to confirm the risk estimate we provide. The company holds a Beta of 0.45, which implies possible diversification benefits within a given portfolio. As returns on the market increase, Ocado Group's returns are expected to increase less than the market. However, during the bear market, the loss of holding Ocado Group is expected to be smaller as well. At this point, Ocado Group PLC has a negative expected return of -0.47%. Please make sure to check Ocado Group's mean deviation, standard deviation, total risk alpha, as well as the relationship between the coefficient of variation and jensen alpha , to decide if Ocado Group PLC performance from the past will be repeated at some point in the near future.
Auto-correlation
0.01
Virtually no predictability
Ocado Group PLC has virtually no predictability. Overlapping area represents the amount of predictability between Ocado Group time series from 20th of January 2023 to 15th of January 2024 and 15th of January 2024 to 9th 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 Ocado Group PLC price movement. The serial correlation of 0.01 indicates that just 1.0% of current Ocado Group price fluctuation can be explain by its past prices.
Correlation Coefficient
0.01
Spearman Rank Test
-0.26
Residual Average
0.0
Price Variance
5591.16
Ocado Group PLC lagged returns against current returns
Autocorrelation, which is Ocado Group 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 Ocado Group's stock expected returns. We can calculate the autocorrelation of Ocado Group returns to help us make a trade decision. For example, suppose you find that Ocado Group 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
Ocado Group 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 Ocado Group stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Ocado Group stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Ocado Group stock over time.
Current vs Lagged Prices
Timeline
Ocado Group Lagged Returns
When evaluating Ocado Group's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Ocado Group stock have on its future price. Ocado Group 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, Ocado Group autocorrelation shows the relationship between Ocado Group stock current value and its past values and can show if there is a momentum factor associated with investing in Ocado Group PLC.
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.
When running Ocado Group's price analysis, check to measure Ocado Group'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 Ocado Group is operating at the current time. Most of Ocado Group's value examination focuses on studying past and present price action to predict the probability of Ocado Group's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Ocado Group's price. Additionally, you may evaluate how the addition of Ocado Group to your portfolios can decrease your overall portfolio volatility.