Oculis Holding's market value is the price at which a share of Oculis Holding trades on a public exchange. It measures the collective expectations of Oculis Holding AG investors about its performance. Oculis Holding is trading at 3140.00 as of the 18th of January 2025, a 0.64 percent increase since the beginning of the trading day. The stock's open price was 3120.0. With this module, you can estimate the performance of a buy and hold strategy of Oculis Holding AG and determine expected loss or profit from investing in Oculis Holding over a given investment horizon. Check out Your Equity Center to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
Symbol
Oculis
Oculis Holding '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 Oculis Holding'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 Oculis Holding.
0.00
12/19/2024
No Change 0.00
0.0
In 31 days
01/18/2025
0.00
If you would invest 0.00 in Oculis Holding on December 19, 2024 and sell it all today you would earn a total of 0.00 from holding Oculis Holding AG or generate 0.0% return on investment in Oculis Holding over 30 days.
Oculis Holding 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 Oculis Holding'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 Oculis Holding AG 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 Oculis Holding's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Oculis Holding's standard deviation. In reality, there are many statistical measures that can use Oculis Holding historical prices to predict the future Oculis Holding's volatility.
Oculis Holding appears to be very steady, given 3 months investment horizon. Oculis Holding AG maintains Sharpe Ratio (i.e., Efficiency) of 0.22, which implies the firm had a 0.22% return per unit of risk over the last 3 months. By analyzing Oculis Holding's technical indicators, you can evaluate if the expected return of 0.69% is justified by implied risk. Please evaluate Oculis Holding's Semi Deviation of 1.71, risk adjusted performance of 0.1972, and Coefficient Of Variation of 440.39 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Oculis Holding holds a performance score of 17. The company holds a Beta of 0.0765, which implies not very significant fluctuations relative to the market. As returns on the market increase, Oculis Holding's returns are expected to increase less than the market. However, during the bear market, the loss of holding Oculis Holding is expected to be smaller as well. Please check Oculis Holding's semi variance, accumulation distribution, and the relationship between the potential upside and skewness , to make a quick decision on whether Oculis Holding's historical price patterns will revert.
Auto-correlation
0.95
Excellent predictability
Oculis Holding AG has excellent predictability. Overlapping area represents the amount of predictability between Oculis Holding time series from 19th of December 2024 to 3rd of January 2025 and 3rd of January 2025 to 18th 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 Oculis Holding AG price movement. The serial correlation of 0.95 indicates that approximately 95.0% of current Oculis Holding price fluctuation can be explain by its past prices.
Correlation Coefficient
0.95
Spearman Rank Test
0.93
Residual Average
0.0
Price Variance
77.2 K
Oculis Holding AG lagged returns against current returns
Autocorrelation, which is Oculis Holding 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 Oculis Holding's stock expected returns. We can calculate the autocorrelation of Oculis Holding returns to help us make a trade decision. For example, suppose you find that Oculis Holding 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
Oculis Holding 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 Oculis Holding stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Oculis Holding stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Oculis Holding stock over time.
Current vs Lagged Prices
Timeline
Oculis Holding Lagged Returns
When evaluating Oculis Holding's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Oculis Holding stock have on its future price. Oculis Holding 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, Oculis Holding autocorrelation shows the relationship between Oculis Holding stock current value and its past values and can show if there is a momentum factor associated with investing in Oculis Holding AG.
Regressed Prices
Timeline
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