Oracle Financial (India) Market Value
| OFSS Stock | 10,027 172.85 1.69% |
| Symbol | Oracle |
Oracle 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 Oracle 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 Oracle Financial.
| 10/22/2024 |
| 01/20/2025 |
If you would invest 0.00 in Oracle Financial on October 22, 2024 and sell it all today you would earn a total of 0.00 from holding Oracle Financial Services or generate 0.0% return on investment in Oracle Financial over 90 days. Oracle Financial is related to or competes with Jindal Steel, Kingfa Science, MSP Steel, Kalyani Steels, AXISCADES Technologies, Tata Steel, and SAL Steel. More
Oracle 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 Oracle 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 Oracle Financial Services upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.06) | |||
| Maximum Drawdown | 10.9 | |||
| Value At Risk | (3.91) | |||
| Potential Upside | 3.65 |
Oracle Financial Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Oracle Financial's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Oracle Financial's standard deviation. In reality, there are many statistical measures that can use Oracle Financial historical prices to predict the future Oracle Financial's volatility.| Risk Adjusted Performance | (0.03) | |||
| Jensen Alpha | (0.13) | |||
| Total Risk Alpha | (0.17) | |||
| Treynor Ratio | (0.18) |
Oracle Financial Services Backtested Returns
Oracle Financial Services maintains Sharpe Ratio (i.e., Efficiency) of -0.0485, which implies the firm had a -0.0485 % return per unit of risk over the last 3 months. Oracle Financial Services exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Oracle Financial's Variance of 5.15, coefficient of variation of (2,061), and Risk Adjusted Performance of (0.03) to confirm the risk estimate we provide. The company holds a Beta of 0.67, which implies possible diversification benefits within a given portfolio. As returns on the market increase, Oracle Financial's returns are expected to increase less than the market. However, during the bear market, the loss of holding Oracle Financial is expected to be smaller as well. At this point, Oracle Financial Services has a negative expected return of -0.11%. Please make sure to check Oracle Financial's standard deviation, total risk alpha, and the relationship between the coefficient of variation and jensen alpha , to decide if Oracle Financial Services performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.65 |
Very good reverse predictability
Oracle Financial Services has very good reverse predictability. Overlapping area represents the amount of predictability between Oracle Financial time series from 22nd of October 2024 to 6th of December 2024 and 6th of December 2024 to 20th 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 Financial Services price movement. The serial correlation of -0.65 indicates that roughly 65.0% of current Oracle Financial price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.65 | |
| Spearman Rank Test | -0.46 | |
| Residual Average | 0.0 | |
| Price Variance | 705.8 K |
Oracle Financial Services lagged returns against current returns
Autocorrelation, which is Oracle 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 Oracle Financial's stock expected returns. We can calculate the autocorrelation of Oracle Financial returns to help us make a trade decision. For example, suppose you find that Oracle 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 |
Oracle 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 Oracle Financial stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Oracle Financial stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Oracle Financial stock over time.
Current vs Lagged Prices |
| Timeline |
Oracle Financial Lagged Returns
When evaluating Oracle Financial's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Oracle Financial stock have on its future price. Oracle 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, Oracle Financial autocorrelation shows the relationship between Oracle Financial stock current value and its past values and can show if there is a momentum factor associated with investing in Oracle Financial Services.
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.Additional Tools for Oracle Stock Analysis
When running Oracle Financial's price analysis, check to measure Oracle 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 Oracle Financial is operating at the current time. Most of Oracle Financial's value examination focuses on studying past and present price action to predict the probability of Oracle 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 Oracle Financial's price. Additionally, you may evaluate how the addition of Oracle Financial to your portfolios can decrease your overall portfolio volatility.