Omv Aktiengesellschaft Stock Market Value
| OMVJF Stock | USD 39.82 0.00 0.00% |
| Symbol | OMV |
OMV Aktiengesellscha '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 OMV Aktiengesellscha's 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 OMV Aktiengesellscha.
| 12/13/2024 |
| 03/13/2025 |
If you would invest 0.00 in OMV Aktiengesellscha on December 13, 2024 and sell it all today you would earn a total of 0.00 from holding OMV Aktiengesellschaft or generate 0.0% return on investment in OMV Aktiengesellscha over 90 days. OMV Aktiengesellscha is related to or competes with Shell PLC, Equinor ASA, BP PLC, Eni SPA, Galp Energa, Exxon, and Chevron Corp. OMV Aktiengesellschaft operates as an energy and chemicals company in Austria, Germany, Romania, Norway, New Zealand, th... More
OMV Aktiengesellscha 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 OMV Aktiengesellscha's 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 OMV Aktiengesellschaft upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.0002) | |||
| Maximum Drawdown | 12.05 | |||
| Value At Risk | (3.38) | |||
| Potential Upside | 2.44 |
OMV Aktiengesellscha Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for OMV Aktiengesellscha's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as OMV Aktiengesellscha's standard deviation. In reality, there are many statistical measures that can use OMV Aktiengesellscha historical prices to predict the future OMV Aktiengesellscha's volatility.| Risk Adjusted Performance | (0.05) | |||
| Jensen Alpha | (0.08) | |||
| Total Risk Alpha | 0.1549 | |||
| Treynor Ratio | (0.38) |
OMV Aktiengesellschaft Backtested Returns
At this point, OMV Aktiengesellscha is very steady. OMV Aktiengesellschaft maintains Sharpe Ratio (i.e., Efficiency) of 0.12, which implies the firm had a 0.12 % return per unit of standard deviation over the last 3 months. We have found eighteen technical indicators for OMV Aktiengesellschaft, which you can use to evaluate the volatility of the company. Please check OMV Aktiengesellscha's Market Risk Adjusted Performance of (0.37), risk adjusted performance of (0.05), and Coefficient Of Variation of (1,580) to confirm if the risk estimate we provide is consistent with the expected return of 0.17%. OMV Aktiengesellscha has a performance score of 9 on a scale of 0 to 100. The company holds a Beta of 0.34, which implies possible diversification benefits within a given portfolio. As returns on the market increase, OMV Aktiengesellscha's returns are expected to increase less than the market. However, during the bear market, the loss of holding OMV Aktiengesellscha is expected to be smaller as well. OMV Aktiengesellschaft presently holds a risk of 1.4%. Please check OMV Aktiengesellschaft variance, as well as the relationship between the value at risk and rate of daily change , to decide if OMV Aktiengesellschaft will be following its historical price patterns.
Auto-correlation | 0.40 |
Average predictability
OMV Aktiengesellschaft has average predictability. Overlapping area represents the amount of predictability between OMV Aktiengesellscha time series from 13th of December 2024 to 27th of January 2025 and 27th of January 2025 to 13th 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 OMV Aktiengesellschaft price movement. The serial correlation of 0.4 indicates that just about 40.0% of current OMV Aktiengesellscha price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.4 | |
| Spearman Rank Test | -0.07 | |
| Residual Average | 0.0 | |
| Price Variance | 0.92 |
OMV Aktiengesellschaft lagged returns against current returns
Autocorrelation, which is OMV Aktiengesellscha 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 OMV Aktiengesellscha's pink sheet expected returns. We can calculate the autocorrelation of OMV Aktiengesellscha returns to help us make a trade decision. For example, suppose you find that OMV Aktiengesellscha 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 |
OMV Aktiengesellscha 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 OMV Aktiengesellscha pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if OMV Aktiengesellscha pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in OMV Aktiengesellscha pink sheet over time.
Current vs Lagged Prices |
| Timeline |
OMV Aktiengesellscha Lagged Returns
When evaluating OMV Aktiengesellscha's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of OMV Aktiengesellscha pink sheet have on its future price. OMV Aktiengesellscha 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, OMV Aktiengesellscha autocorrelation shows the relationship between OMV Aktiengesellscha pink sheet current value and its past values and can show if there is a momentum factor associated with investing in OMV Aktiengesellschaft.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in OMV Pink Sheet
OMV Aktiengesellscha financial ratios help investors to determine whether OMV 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 OMV with respect to the benefits of owning OMV Aktiengesellscha security.