OptiCept Technologies (Sweden) Market Value
| OPTI Stock | SEK 4.96 0.10 1.98% |
| Symbol | OptiCept |
OptiCept Technologies '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 OptiCept Technologies' 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 OptiCept Technologies.
| 10/03/2024 |
| 01/01/2025 |
If you would invest 0.00 in OptiCept Technologies on October 3, 2024 and sell it all today you would earn a total of 0.00 from holding OptiCept Technologies AB or generate 0.0% return on investment in OptiCept Technologies over 90 days. OptiCept Technologies is related to or competes with Atlas Copco, and . OptiFreeze AB owns a patented technology for enhancing the taste, shape, and texture of vegetables, fruits, and berries ... More
OptiCept Technologies 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 OptiCept Technologies' 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 OptiCept Technologies AB upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.06) | |||
| Maximum Drawdown | 35.28 | |||
| Value At Risk | (4.06) | |||
| Potential Upside | 4.84 |
OptiCept Technologies Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for OptiCept Technologies' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as OptiCept Technologies' standard deviation. In reality, there are many statistical measures that can use OptiCept Technologies historical prices to predict the future OptiCept Technologies' volatility.| Risk Adjusted Performance | (0.03) | |||
| Jensen Alpha | (0.22) | |||
| Total Risk Alpha | (0.23) | |||
| Treynor Ratio | (0.78) |
OptiCept Technologies Backtested Returns
OptiCept Technologies maintains Sharpe Ratio (i.e., Efficiency) of -0.0626, which implies the firm had a -0.0626% return per unit of risk over the last 3 months. OptiCept Technologies exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check OptiCept Technologies' Variance of 16.27, coefficient of variation of (1,894), and Risk Adjusted Performance of (0.03) to confirm the risk estimate we provide. The company holds a Beta of 0.29, which implies not very significant fluctuations relative to the market. As returns on the market increase, OptiCept Technologies' returns are expected to increase less than the market. However, during the bear market, the loss of holding OptiCept Technologies is expected to be smaller as well. At this point, OptiCept Technologies has a negative expected return of -0.26%. Please make sure to check OptiCept Technologies' value at risk, skewness, accumulation distribution, as well as the relationship between the potential upside and kurtosis , to decide if OptiCept Technologies performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.15 |
Insignificant predictability
OptiCept Technologies AB has insignificant predictability. Overlapping area represents the amount of predictability between OptiCept Technologies time series from 3rd of October 2024 to 17th of November 2024 and 17th of November 2024 to 1st of January 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 OptiCept Technologies price movement. The serial correlation of 0.15 indicates that less than 15.0% of current OptiCept Technologies price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.15 | |
| Spearman Rank Test | 0.24 | |
| Residual Average | 0.0 | |
| Price Variance | 0.01 |
OptiCept Technologies lagged returns against current returns
Autocorrelation, which is OptiCept Technologies 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 OptiCept Technologies' stock expected returns. We can calculate the autocorrelation of OptiCept Technologies returns to help us make a trade decision. For example, suppose you find that OptiCept Technologies 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 |
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OptiCept Technologies 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 OptiCept Technologies stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if OptiCept Technologies stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in OptiCept Technologies stock over time.
Current vs Lagged Prices |
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OptiCept Technologies Lagged Returns
When evaluating OptiCept Technologies' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of OptiCept Technologies stock have on its future price. OptiCept Technologies 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, OptiCept Technologies autocorrelation shows the relationship between OptiCept Technologies stock current value and its past values and can show if there is a momentum factor associated with investing in OptiCept Technologies AB.
Regressed Prices |
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Thematic Opportunities
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Additional Tools for OptiCept Stock Analysis
When running OptiCept Technologies' price analysis, check to measure OptiCept Technologies' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy OptiCept Technologies is operating at the current time. Most of OptiCept Technologies' value examination focuses on studying past and present price action to predict the probability of OptiCept Technologies' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move OptiCept Technologies' price. Additionally, you may evaluate how the addition of OptiCept Technologies to your portfolios can decrease your overall portfolio volatility.