ODIN Investments' market value is the price at which a share of ODIN Investments trades on a public exchange. It measures the collective expectations of ODIN Investments investors about its performance. ODIN Investments is trading at 1.75 as of the 4th of March 2025. This is a 1.69 percent down since the beginning of the trading day. The stock's lowest day price was 1.74. With this module, you can estimate the performance of a buy and hold strategy of ODIN Investments and determine expected loss or profit from investing in ODIN Investments 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
ODIN
ODIN Investments '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 ODIN Investments' 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 ODIN Investments.
0.00
02/02/2025
No Change 0.00
0.0
In 31 days
03/04/2025
0.00
If you would invest 0.00 in ODIN Investments on February 2, 2025 and sell it all today you would earn a total of 0.00 from holding ODIN Investments or generate 0.0% return on investment in ODIN Investments over 30 days.
ODIN Investments 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 ODIN Investments' 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 ODIN Investments 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 ODIN Investments' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as ODIN Investments' standard deviation. In reality, there are many statistical measures that can use ODIN Investments historical prices to predict the future ODIN Investments' volatility.
ODIN Investments maintains Sharpe Ratio (i.e., Efficiency) of -0.0676, which implies the firm had a -0.0676 % return per unit of volatility over the last 3 months. ODIN Investments exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check ODIN Investments' risk adjusted performance of (0.05), and Coefficient Of Variation of (1,480) to confirm the risk estimate we provide. The company holds a Beta of 0.17, which implies not very significant fluctuations relative to the market. As returns on the market increase, ODIN Investments' returns are expected to increase less than the market. However, during the bear market, the loss of holding ODIN Investments is expected to be smaller as well. At this point, ODIN Investments has a negative expected return of -0.16%. Please make sure to check ODIN Investments' information ratio, total risk alpha, maximum drawdown, as well as the relationship between the jensen alpha and treynor ratio , to decide if ODIN Investments performance from the past will be repeated in the future.
Auto-correlation
-0.49
Modest reverse predictability
ODIN Investments has modest reverse predictability. Overlapping area represents the amount of predictability between ODIN Investments time series from 2nd of February 2025 to 17th of February 2025 and 17th of February 2025 to 4th 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 ODIN Investments price movement. The serial correlation of -0.49 indicates that about 49.0% of current ODIN Investments price fluctuation can be explain by its past prices.
Correlation Coefficient
-0.49
Spearman Rank Test
-0.73
Residual Average
0.0
Price Variance
0.0
ODIN Investments lagged returns against current returns
Autocorrelation, which is ODIN Investments 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 ODIN Investments' stock expected returns. We can calculate the autocorrelation of ODIN Investments returns to help us make a trade decision. For example, suppose you find that ODIN Investments 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
ODIN Investments 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 ODIN Investments stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if ODIN Investments stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in ODIN Investments stock over time.
Current vs Lagged Prices
Timeline
ODIN Investments Lagged Returns
When evaluating ODIN Investments' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of ODIN Investments stock have on its future price. ODIN Investments 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, ODIN Investments autocorrelation shows the relationship between ODIN Investments stock current value and its past values and can show if there is a momentum factor associated with investing in ODIN Investments.
Regressed Prices
Timeline
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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.