Octopus Aim (UK) Market Value
| OOA Stock | 47.80 0.00 0.00% |
| Symbol | Octopus |
Octopus Aim '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 Octopus Aim'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 Octopus Aim.
| 12/16/2024 |
| 03/16/2025 |
If you would invest 0.00 in Octopus Aim on December 16, 2024 and sell it all today you would earn a total of 0.00 from holding Octopus Aim Vct or generate 0.0% return on investment in Octopus Aim over 90 days. Octopus Aim is related to or competes with Take Two, L3Harris Technologies, Blackrock World, Hecla Mining, Resolute Mining, Vitec Software, and Sartorius Stedim. Octopus Aim is entity of United Kingdom. It is traded as Stock on LSE exchange. More
Octopus Aim 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 Octopus Aim'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 Octopus Aim Vct upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | 0.169 | |||
| Maximum Drawdown | 3.42 |
Octopus Aim Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Octopus Aim's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Octopus Aim's standard deviation. In reality, there are many statistical measures that can use Octopus Aim historical prices to predict the future Octopus Aim's volatility.| Risk Adjusted Performance | (0.08) | |||
| Jensen Alpha | (0.04) | |||
| Total Risk Alpha | 0.0086 | |||
| Treynor Ratio | (2.71) |
Octopus Aim Vct Backtested Returns
Octopus Aim Vct maintains Sharpe Ratio (i.e., Efficiency) of -0.15, which implies the firm had a -0.15 % return per unit of risk over the last 3 months. Octopus Aim Vct exposes sixteen different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Octopus Aim's Coefficient Of Variation of (1,269), risk adjusted performance of (0.08), and Variance of 0.1598 to confirm the risk estimate we provide. The company holds a Beta of 0.0153, which implies not very significant fluctuations relative to the market. As returns on the market increase, Octopus Aim's returns are expected to increase less than the market. However, during the bear market, the loss of holding Octopus Aim is expected to be smaller as well. At this point, Octopus Aim Vct has a negative expected return of -0.0548%. Please make sure to check Octopus Aim's information ratio, kurtosis, and the relationship between the standard deviation and maximum drawdown , to decide if Octopus Aim Vct performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.77 |
Good predictability
Octopus Aim Vct has good predictability. Overlapping area represents the amount of predictability between Octopus Aim 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 Octopus Aim Vct price movement. The serial correlation of 0.77 indicates that around 77.0% of current Octopus Aim price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.77 | |
| Spearman Rank Test | 0.53 | |
| Residual Average | 0.0 | |
| Price Variance | 0.22 |
Octopus Aim Vct lagged returns against current returns
Autocorrelation, which is Octopus Aim 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 Octopus Aim's stock expected returns. We can calculate the autocorrelation of Octopus Aim returns to help us make a trade decision. For example, suppose you find that Octopus Aim 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 |
Octopus Aim 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 Octopus Aim stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Octopus Aim stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Octopus Aim stock over time.
Current vs Lagged Prices |
| Timeline |
Octopus Aim Lagged Returns
When evaluating Octopus Aim's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Octopus Aim stock have on its future price. Octopus Aim 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, Octopus Aim autocorrelation shows the relationship between Octopus Aim stock current value and its past values and can show if there is a momentum factor associated with investing in Octopus Aim Vct.
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.Other Information on Investing in Octopus Stock
Octopus Aim financial ratios help investors to determine whether Octopus 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 Octopus with respect to the benefits of owning Octopus Aim security.