Oneconnect Financial Technology Stock Market Value
| OCFT Stock | USD 6.51 0.04 0.62% |
| Symbol | Oneconnect |
Is Application Software space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Oneconnect Financial. If investors know Oneconnect will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Oneconnect Financial listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Oneconnect Financial is measured differently than its book value, which is the value of Oneconnect that is recorded on the company's balance sheet. Investors also form their own opinion of Oneconnect Financial's value that differs from its market value or its book value, called intrinsic value, which is Oneconnect Financial's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Oneconnect Financial's market value can be influenced by many factors that don't directly affect Oneconnect Financial's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Oneconnect Financial's value and its price as these two are different measures arrived at by different means. Investors typically determine if Oneconnect Financial is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Oneconnect Financial'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.
Oneconnect Financial '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 Oneconnect Financial'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 Oneconnect Financial.
| 12/15/2024 |
| 03/15/2025 |
If you would invest 0.00 in Oneconnect Financial on December 15, 2024 and sell it all today you would earn a total of 0.00 from holding Oneconnect Financial Technology or generate 0.0% return on investment in Oneconnect Financial over 90 days. Oneconnect Financial is related to or competes with Trust Stamp, Amesite Operating, My Size, Kingsoft Cloud, Global Business, Alight, and CS Disco. OneConnect Financial Technology Co., Ltd More
Oneconnect Financial 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 Oneconnect Financial'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 Oneconnect Financial Technology upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 5.19 | |||
| Information Ratio | 0.2703 | |||
| Maximum Drawdown | 36.2 | |||
| Value At Risk | (5.76) | |||
| Potential Upside | 14.95 |
Oneconnect Financial Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Oneconnect Financial's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Oneconnect Financial's standard deviation. In reality, there are many statistical measures that can use Oneconnect Financial historical prices to predict the future Oneconnect Financial's volatility.| Risk Adjusted Performance | 0.2322 | |||
| Jensen Alpha | 1.97 | |||
| Total Risk Alpha | 2.75 | |||
| Sortino Ratio | 0.3771 | |||
| Treynor Ratio | 1.66 |
Oneconnect Financial Backtested Returns
Oneconnect Financial is risky given 3 months investment horizon. Oneconnect Financial maintains Sharpe Ratio (i.e., Efficiency) of 0.26, which implies the firm had a 0.26 % return per unit of risk over the last 3 months. We were able to analyze and collect data for twenty-nine different technical indicators, which can help you to evaluate if expected returns of 1.86% are justified by taking the suggested risk. Use Oneconnect Financial Semi Deviation of 3.87, risk adjusted performance of 0.2322, and Coefficient Of Variation of 389.72 to evaluate company specific risk that cannot be diversified away. Oneconnect Financial holds a performance score of 20 on a scale of zero to a hundred. The company holds a Beta of 1.11, which implies a somewhat significant risk relative to the market. Oneconnect Financial returns are very sensitive to returns on the market. As the market goes up or down, Oneconnect Financial is expected to follow. Use Oneconnect Financial potential upside, and the relationship between the total risk alpha and kurtosis , to analyze future returns on Oneconnect Financial.
Auto-correlation | 0.71 |
Good predictability
Oneconnect Financial Technology has good predictability. Overlapping area represents the amount of predictability between Oneconnect Financial time series from 15th of December 2024 to 29th of January 2025 and 29th of January 2025 to 15th of March 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 Oneconnect Financial price movement. The serial correlation of 0.71 indicates that around 71.0% of current Oneconnect Financial price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.71 | |
| Spearman Rank Test | 0.58 | |
| Residual Average | 0.0 | |
| Price Variance | 1.77 |
Oneconnect Financial lagged returns against current returns
Autocorrelation, which is Oneconnect Financial 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 Oneconnect Financial's stock expected returns. We can calculate the autocorrelation of Oneconnect Financial returns to help us make a trade decision. For example, suppose you find that Oneconnect Financial 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 |
Oneconnect Financial 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 Oneconnect Financial stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Oneconnect Financial stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Oneconnect Financial stock over time.
Current vs Lagged Prices |
| Timeline |
Oneconnect Financial Lagged Returns
When evaluating Oneconnect Financial's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Oneconnect Financial stock have on its future price. Oneconnect Financial 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, Oneconnect Financial autocorrelation shows the relationship between Oneconnect Financial stock current value and its past values and can show if there is a momentum factor associated with investing in Oneconnect Financial Technology.
Regressed Prices |
| Timeline |
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Additional Tools for Oneconnect Stock Analysis
When running Oneconnect Financial's price analysis, check to measure Oneconnect Financial'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 Oneconnect Financial is operating at the current time. Most of Oneconnect Financial's value examination focuses on studying past and present price action to predict the probability of Oneconnect Financial's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Oneconnect Financial's price. Additionally, you may evaluate how the addition of Oneconnect Financial to your portfolios can decrease your overall portfolio volatility.