OracleJapan's market value is the price at which a share of OracleJapan trades on a public exchange. It measures the collective expectations of Oracle Japan investors about its performance. OracleJapan is trading at 93.00 as of the 7th of January 2025. This is a 2.20% increase since the beginning of the trading day. The stock's lowest day price was 93.0. With this module, you can estimate the performance of a buy and hold strategy of Oracle Japan and determine expected loss or profit from investing in OracleJapan over a given investment horizon. Check out OracleJapan Correlation, OracleJapan Volatility and OracleJapan Alpha and Beta module to complement your research on OracleJapan.
Please note, there is a significant difference between OracleJapan's value and its price as these two are different measures arrived at by different means. Investors typically determine if OracleJapan is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, OracleJapan'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.
OracleJapan '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 OracleJapan'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 OracleJapan.
0.00
01/18/2023
No Change 0.00
0.0
In 1 year 11 months and 22 days
01/07/2025
0.00
If you would invest 0.00 in OracleJapan on January 18, 2023 and sell it all today you would earn a total of 0.00 from holding Oracle Japan or generate 0.0% return on investment in OracleJapan over 720 days. OracleJapan is related to or competes with Take-Two Interactive, Stag Industrial, DXC Technology, Calibre Mining, Sunny Optical, and FIREWEED METALS. Oracle Corporation Japan provides software and hardware products in Japan More
OracleJapan 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 OracleJapan'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 Oracle Japan 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 OracleJapan's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as OracleJapan's standard deviation. In reality, there are many statistical measures that can use OracleJapan historical prices to predict the future OracleJapan's volatility.
At this point, OracleJapan is very steady. Oracle Japan maintains Sharpe Ratio (i.e., Efficiency) of 0.0241, which implies the firm had a 0.0241% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Oracle Japan, which you can use to evaluate the volatility of the company. Please check OracleJapan's Semi Deviation of 1.43, risk adjusted performance of 0.0249, and Coefficient Of Variation of 4156.97 to confirm if the risk estimate we provide is consistent with the expected return of 0.0422%. OracleJapan has a performance score of 1 on a scale of 0 to 100. The company holds a Beta of 0.21, which implies not very significant fluctuations relative to the market. As returns on the market increase, OracleJapan's returns are expected to increase less than the market. However, during the bear market, the loss of holding OracleJapan is expected to be smaller as well. Oracle Japan right now holds a risk of 1.75%. Please check Oracle Japan mean deviation, downside deviation, information ratio, as well as the relationship between the semi deviation and coefficient of variation , to decide if Oracle Japan will be following its historical price patterns.
Auto-correlation
0.22
Weak predictability
Oracle Japan has weak predictability. Overlapping area represents the amount of predictability between OracleJapan time series from 18th of January 2023 to 13th of January 2024 and 13th of January 2024 to 7th 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 Oracle Japan price movement. The serial correlation of 0.22 indicates that over 22.0% of current OracleJapan price fluctuation can be explain by its past prices.
Correlation Coefficient
0.22
Spearman Rank Test
0.3
Residual Average
0.0
Price Variance
96.55
Oracle Japan lagged returns against current returns
Autocorrelation, which is OracleJapan 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 OracleJapan's stock expected returns. We can calculate the autocorrelation of OracleJapan returns to help us make a trade decision. For example, suppose you find that OracleJapan 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
OracleJapan 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 OracleJapan stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if OracleJapan stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in OracleJapan stock over time.
Current vs Lagged Prices
Timeline
OracleJapan Lagged Returns
When evaluating OracleJapan's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of OracleJapan stock have on its future price. OracleJapan 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, OracleJapan autocorrelation shows the relationship between OracleJapan stock current value and its past values and can show if there is a momentum factor associated with investing in Oracle Japan.
Other Information on Investing in OracleJapan Stock
OracleJapan financial ratios help investors to determine whether OracleJapan 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 OracleJapan with respect to the benefits of owning OracleJapan security.