Optima Health (UK) Market Value
| OPT Stock | 193.00 10.50 5.75% |
| Symbol | Optima |
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.
| 12/16/2024 |
| 03/16/2025 |
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. Optima Health is entity of United Kingdom 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.
| Downside Deviation | 1.1 | |||
| Information Ratio | 0.2679 | |||
| Maximum Drawdown | 8.69 | |||
| Value At Risk | (1.39) | |||
| Potential Upside | 2.86 |
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.| Risk Adjusted Performance | 0.1861 | |||
| Jensen Alpha | 0.3779 | |||
| Total Risk Alpha | 0.544 | |||
| Sortino Ratio | 0.4051 | |||
| Treynor Ratio | 0.8747 |
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 Semi Deviation of 0.4431, risk adjusted performance of 0.1861, and Coefficient Of Variation of 480.04 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 0.38, which implies possible diversification benefits within a given portfolio. 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 Test | 0.17 | |
| Residual Average | 0.0 | |
| Price Variance | 141.42 |
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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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 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.