Olav Thon (Norway) Market Value
| OLT Stock | NOK 258.00 2.00 0.78% |
| Symbol | Olav |
Olav Thon '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 Olav Thon'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 Olav Thon.
| 12/16/2024 |
| 03/16/2025 |
If you would invest 0.00 in Olav Thon on December 16, 2024 and sell it all today you would earn a total of 0.00 from holding Olav Thon Eien or generate 0.0% return on investment in Olav Thon over 90 days. Olav Thon is related to or competes with Entra ASA, Veidekke ASA, Selvaag Bolig, Storebrand ASA, and Atea ASA. Olav Thon Eiendomsselskap ASA engages in the property rental business in Norway and Sweden More
Olav Thon 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 Olav Thon'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 Olav Thon Eien upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.15 | |||
| Information Ratio | 0.3106 | |||
| Maximum Drawdown | 6.43 | |||
| Value At Risk | (1.18) | |||
| Potential Upside | 2.16 |
Olav Thon Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Olav Thon's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Olav Thon's standard deviation. In reality, there are many statistical measures that can use Olav Thon historical prices to predict the future Olav Thon's volatility.| Risk Adjusted Performance | 0.1954 | |||
| Jensen Alpha | 0.2525 | |||
| Total Risk Alpha | 0.3777 | |||
| Sortino Ratio | 0.3004 | |||
| Treynor Ratio | 1.77 |
Olav Thon Eien Backtested Returns
Olav Thon appears to be very steady, given 3 months investment horizon. Olav Thon Eien maintains Sharpe Ratio (i.e., Efficiency) of 0.23, which implies the firm had a 0.23 % return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Olav Thon Eien, which you can use to evaluate the volatility of the company. Please evaluate Olav Thon's Semi Deviation of 0.7087, coefficient of variation of 450.6, and Risk Adjusted Performance of 0.1954 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Olav Thon holds a performance score of 17. The company holds a Beta of 0.13, which implies not very significant fluctuations relative to the market. As returns on the market increase, Olav Thon's returns are expected to increase less than the market. However, during the bear market, the loss of holding Olav Thon is expected to be smaller as well. Please check Olav Thon's treynor ratio, expected short fall, and the relationship between the jensen alpha and potential upside , to make a quick decision on whether Olav Thon's historical price patterns will revert.
Auto-correlation | -0.07 |
Very weak reverse predictability
Olav Thon Eien has very weak reverse predictability. Overlapping area represents the amount of predictability between Olav Thon 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 Olav Thon Eien price movement. The serial correlation of -0.07 indicates that barely 7.0% of current Olav Thon price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.07 | |
| Spearman Rank Test | -0.03 | |
| Residual Average | 0.0 | |
| Price Variance | 77.41 |
Olav Thon Eien lagged returns against current returns
Autocorrelation, which is Olav Thon 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 Olav Thon's stock expected returns. We can calculate the autocorrelation of Olav Thon returns to help us make a trade decision. For example, suppose you find that Olav Thon 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 |
Olav Thon 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 Olav Thon stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Olav Thon stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Olav Thon stock over time.
Current vs Lagged Prices |
| Timeline |
Olav Thon Lagged Returns
When evaluating Olav Thon's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Olav Thon stock have on its future price. Olav Thon 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, Olav Thon autocorrelation shows the relationship between Olav Thon stock current value and its past values and can show if there is a momentum factor associated with investing in Olav Thon Eien.
Regressed Prices |
| Timeline |
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Olav Thon financial ratios help investors to determine whether Olav 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 Olav with respect to the benefits of owning Olav Thon security.