Om Holdings Limited Stock Market Value
| OMHLF Stock | USD 0.23 0.00 0.00% |
| Symbol | OMHLF |
OM Holdings '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 OM Holdings' pink sheet 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 OM Holdings.
| 05/06/2024 |
| 12/02/2024 |
If you would invest 0.00 in OM Holdings on May 6, 2024 and sell it all today you would earn a total of 0.00 from holding OM Holdings Limited or generate 0.0% return on investment in OM Holdings over 210 days. OM Holdings is related to or competes with Sherritt International, AMG Advanced, Metals X, Filo Mining, Alphamin Resources, Adriatic Metals, and Minsud Resources. OM Holdings Limited, an investment holding company, engages in mining, smelting, trading, and marketing manganese ores a... More
OM Holdings 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 OM Holdings' pink sheet 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 OM Holdings Limited upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.16) | |||
| Maximum Drawdown | 32.35 |
OM Holdings Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for OM Holdings' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as OM Holdings' standard deviation. In reality, there are many statistical measures that can use OM Holdings historical prices to predict the future OM Holdings' volatility.| Risk Adjusted Performance | (0.09) | |||
| Jensen Alpha | (0.53) | |||
| Total Risk Alpha | (1.16) | |||
| Treynor Ratio | (2.14) |
OM Holdings Limited Backtested Returns
OM Holdings Limited retains Efficiency (Sharpe Ratio) of -0.12, which implies the firm had a -0.12% return per unit of price deviation over the last 3 months. OM Holdings exposes sixteen different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check OM Holdings' information ratio of (0.16), and Market Risk Adjusted Performance of (2.13) to confirm the risk estimate we provide. The company owns a Beta (Systematic Risk) of 0.23, which implies not very significant fluctuations relative to the market. As returns on the market increase, OM Holdings' returns are expected to increase less than the market. However, during the bear market, the loss of holding OM Holdings is expected to be smaller as well. At this point, OM Holdings Limited has a negative expected return of -0.51%. Please make sure to check OM Holdings' variance, as well as the relationship between the skewness and day typical price , to decide if OM Holdings Limited performance from the past will be repeated sooner or later.
Auto-correlation | -0.42 |
Modest reverse predictability
OM Holdings Limited has modest reverse predictability. Overlapping area represents the amount of predictability between OM Holdings time series from 6th of May 2024 to 19th of August 2024 and 19th of August 2024 to 2nd of December 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of OM Holdings Limited price movement. The serial correlation of -0.42 indicates that just about 42.0% of current OM Holdings price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.42 | |
| Spearman Rank Test | -0.5 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
OM Holdings Limited lagged returns against current returns
Autocorrelation, which is OM Holdings pink sheet'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 OM Holdings' pink sheet expected returns. We can calculate the autocorrelation of OM Holdings returns to help us make a trade decision. For example, suppose you find that OM Holdings has exhibited high autocorrelation historically, and you observe that the pink sheet 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 |
OM Holdings 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 OM Holdings pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if OM Holdings pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in OM Holdings pink sheet over time.
Current vs Lagged Prices |
| Timeline |
OM Holdings Lagged Returns
When evaluating OM Holdings' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of OM Holdings pink sheet have on its future price. OM Holdings 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, OM Holdings autocorrelation shows the relationship between OM Holdings pink sheet current value and its past values and can show if there is a momentum factor associated with investing in OM Holdings Limited.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in OMHLF Pink Sheet
OM Holdings financial ratios help investors to determine whether OMHLF Pink Sheet 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 OMHLF with respect to the benefits of owning OM Holdings security.