Odyssey Energy (Australia) Market Value
| ODY Stock | 0.02 0.0005 2.44% |
| Symbol | Odyssey |
Odyssey Energy '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 Odyssey Energy'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 Odyssey Energy.
| 12/16/2024 |
| 03/16/2025 |
If you would invest 0.00 in Odyssey Energy on December 16, 2024 and sell it all today you would earn a total of 0.00 from holding Odyssey Energy or generate 0.0% return on investment in Odyssey Energy over 90 days. Odyssey Energy is related to or competes with BlackWall Property, Arc Funds, Alternative Investment, Auctus Alternative, Carlton Investments, EROAD, and Spirit Telecom. Odyssey Energy is entity of Australia. It is traded as Stock on AU exchange. More
Odyssey Energy 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 Odyssey Energy'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 Odyssey Energy upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 6.23 | |||
| Information Ratio | 0.0595 | |||
| Maximum Drawdown | 24.88 | |||
| Value At Risk | (8.33) | |||
| Potential Upside | 9.09 |
Odyssey Energy Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Odyssey Energy's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Odyssey Energy's standard deviation. In reality, there are many statistical measures that can use Odyssey Energy historical prices to predict the future Odyssey Energy's volatility.| Risk Adjusted Performance | 0.0428 | |||
| Jensen Alpha | 0.192 | |||
| Total Risk Alpha | 0.8115 | |||
| Sortino Ratio | 0.0476 | |||
| Treynor Ratio | 4.47 |
Odyssey Energy Backtested Returns
Odyssey Energy appears to be out of control, given 3 months investment horizon. Odyssey Energy maintains Sharpe Ratio (i.e., Efficiency) of 0.0409, which implies the firm had a 0.0409 % return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Odyssey Energy, which you can use to evaluate the volatility of the company. Please evaluate Odyssey Energy's Coefficient Of Variation of 2523.72, semi deviation of 3.5, and Risk Adjusted Performance of 0.0428 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Odyssey Energy holds a performance score of 3. The company holds a Beta of 0.0419, which implies not very significant fluctuations relative to the market. As returns on the market increase, Odyssey Energy's returns are expected to increase less than the market. However, during the bear market, the loss of holding Odyssey Energy is expected to be smaller as well. Please check Odyssey Energy's maximum drawdown, potential upside, semi variance, as well as the relationship between the value at risk and downside variance , to make a quick decision on whether Odyssey Energy's historical price patterns will revert.
Auto-correlation | -0.21 |
Weak reverse predictability
Odyssey Energy has weak reverse predictability. Overlapping area represents the amount of predictability between Odyssey Energy time series from 16th of December 2024 to 30th of January 2025 and 30th of January 2025 to 16th 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 Odyssey Energy price movement. The serial correlation of -0.21 indicates that over 21.0% of current Odyssey Energy price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.21 | |
| Spearman Rank Test | -0.29 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Odyssey Energy lagged returns against current returns
Autocorrelation, which is Odyssey Energy 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 Odyssey Energy's stock expected returns. We can calculate the autocorrelation of Odyssey Energy returns to help us make a trade decision. For example, suppose you find that Odyssey Energy 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 |
Odyssey Energy 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 Odyssey Energy stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Odyssey Energy stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Odyssey Energy stock over time.
Current vs Lagged Prices |
| Timeline |
Odyssey Energy Lagged Returns
When evaluating Odyssey Energy's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Odyssey Energy stock have on its future price. Odyssey Energy 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, Odyssey Energy autocorrelation shows the relationship between Odyssey Energy stock current value and its past values and can show if there is a momentum factor associated with investing in Odyssey Energy.
Regressed Prices |
| Timeline |
Thematic Opportunities
Explore Investment Opportunities
Additional Tools for Odyssey Stock Analysis
When running Odyssey Energy's price analysis, check to measure Odyssey Energy'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 Odyssey Energy is operating at the current time. Most of Odyssey Energy's value examination focuses on studying past and present price action to predict the probability of Odyssey Energy's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Odyssey Energy's price. Additionally, you may evaluate how the addition of Odyssey Energy to your portfolios can decrease your overall portfolio volatility.