Optima Health (UK) Market Value

OPT Stock   193.00  10.50  5.75%   
Optima Health's market value is the price at which a share of Optima Health trades on a public exchange. It measures the collective expectations of Optima Health plc investors about its performance. Optima Health is trading at 193.00 as of the 16th of March 2025, a 5.75 percent increase since the beginning of the trading day. The stock's lowest day price was 183.0.
With this module, you can estimate the performance of a buy and hold strategy of Optima Health plc and determine expected loss or profit from investing in Optima Health over a given investment horizon. Check out Optima Health Correlation, Optima Health Volatility and Optima Health Alpha and Beta module to complement your research on Optima Health.
Symbol

Please note, there is a significant difference between Optima Health's value and its price as these two are different measures arrived at by different means. Investors typically determine if Optima Health is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Optima Health's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

Optima Health '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 Optima Health'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 Optima Health.
0.00
12/16/2024
No Change 0.00  0.0 
In 3 months and 1 day
03/16/2025
0.00
If you would invest  0.00  in Optima Health on December 16, 2024 and sell it all today you would earn a total of 0.00 from holding Optima Health plc or generate 0.0% return on investment in Optima Health over 90 days. Optima Health is related to or competes with Endeavour Mining, Austevoll Seafood, Adriatic Metals, Blackrock World, Metals Exploration, and Axfood AB. More

Optima Health 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 Optima Health'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 Optima Health plc upside and downside potential and time the market with a certain degree of confidence.

Optima Health Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Optima Health's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Optima Health's standard deviation. In reality, there are many statistical measures that can use Optima Health historical prices to predict the future Optima Health's volatility.
Hype
Prediction
LowEstimatedHigh
191.96193.63195.30
Details
Intrinsic
Valuation
LowRealHigh
173.70212.29213.96
Details
Naive
Forecast
LowNextHigh
190.58192.25193.92
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
130.16165.94201.73
Details

Optima Health plc Backtested Returns

Optima Health appears to be very steady, given 3 months investment horizon. Optima Health plc 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 Optima Health plc, which you can use to evaluate the volatility of the company. Please evaluate Optima Health's Risk Adjusted Performance of 0.2093, semi deviation of 0.2794, and Coefficient Of Variation of 425.72 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Optima Health holds a performance score of 18. The company holds a Beta of 0.0048, which implies not very significant fluctuations relative to the market. As returns on the market increase, Optima Health's returns are expected to increase less than the market. However, during the bear market, the loss of holding Optima Health is expected to be smaller as well. Please check Optima Health's skewness, day typical price, and the relationship between the downside variance and daily balance of power , to make a quick decision on whether Optima Health's historical price patterns will revert.

Auto-correlation

    
  -0.34  

Poor reverse predictability

Optima Health plc has poor reverse predictability. Overlapping area represents the amount of predictability between Optima Health 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 Optima Health plc price movement. The serial correlation of -0.34 indicates that nearly 34.0% of current Optima Health price fluctuation can be explain by its past prices.
Correlation Coefficient-0.34
Spearman Rank Test0.17
Residual Average0.0
Price Variance141.42

Optima Health plc lagged returns against current returns

Autocorrelation, which is Optima Health 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 Optima Health's stock expected returns. We can calculate the autocorrelation of Optima Health returns to help us make a trade decision. For example, suppose you find that Optima Health 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  

Optima Health 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 Optima Health stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Optima Health stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Optima Health stock over time.
   Current vs Lagged Prices   
       Timeline  

Optima Health Lagged Returns

When evaluating Optima Health's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Optima Health stock have on its future price. Optima Health 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, Optima Health autocorrelation shows the relationship between Optima Health stock current value and its past values and can show if there is a momentum factor associated with investing in Optima Health plc.
   Regressed Prices   
       Timeline  

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Other Information on Investing in Optima Stock

Optima Health financial ratios help investors to determine whether Optima 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 Optima with respect to the benefits of owning Optima Health security.