Ostin Technology Group Stock Market Value
| OST Stock | USD 2.10 0.18 7.89% |
| Symbol | Ostin |
Ostin Technology Price To Book Ratio
Is Electronic Equipment, Instruments & Components space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Ostin Technology. If investors know Ostin will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Ostin Technology listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.16) | Earnings Share (6.74) | Revenue Per Share | Quarterly Revenue Growth (0.25) | Return On Assets |
The market value of Ostin Technology is measured differently than its book value, which is the value of Ostin that is recorded on the company's balance sheet. Investors also form their own opinion of Ostin Technology's value that differs from its market value or its book value, called intrinsic value, which is Ostin Technology's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Ostin Technology's market value can be influenced by many factors that don't directly affect Ostin Technology's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Ostin Technology's value and its price as these two are different measures arrived at by different means. Investors typically determine if Ostin Technology is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Ostin Technology'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.
Ostin Technology '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 Ostin Technology'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 Ostin Technology.
| 12/15/2024 |
| 03/15/2025 |
If you would invest 0.00 in Ostin Technology on December 15, 2024 and sell it all today you would earn a total of 0.00 from holding Ostin Technology Group or generate 0.0% return on investment in Ostin Technology over 90 days. Ostin Technology is related to or competes with Sanmina, Plexus Corp, Benchmark Electronics, Integrated Media, SigmaTron International, MicroCloud Hologram, and Maris Tech. Ostin Technology Group Co., Ltd. designs, develops, and manufactures thin-film transistor liquid crystal display modules... More
Ostin Technology 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 Ostin Technology'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 Ostin Technology Group upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 5.82 | |||
| Information Ratio | 0.0598 | |||
| Maximum Drawdown | 36.51 | |||
| Value At Risk | (10.45) | |||
| Potential Upside | 11.57 |
Ostin Technology Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Ostin Technology's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Ostin Technology's standard deviation. In reality, there are many statistical measures that can use Ostin Technology historical prices to predict the future Ostin Technology's volatility.| Risk Adjusted Performance | 0.0419 | |||
| Jensen Alpha | 0.3978 | |||
| Total Risk Alpha | 1.34 | |||
| Sortino Ratio | 0.0665 | |||
| Treynor Ratio | 0.2283 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Ostin Technology's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Ostin Technology Backtested Returns
Ostin Technology appears to be dangerous, given 3 months investment horizon. Ostin Technology maintains Sharpe Ratio (i.e., Efficiency) of 0.0761, which implies the firm had a 0.0761 % return per unit of risk over the last 3 months. By analyzing Ostin Technology's technical indicators, you can evaluate if the expected return of 0.51% is justified by implied risk. Please evaluate Ostin Technology's Semi Deviation of 5.36, coefficient of variation of 2540.1, and Risk Adjusted Performance of 0.0419 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Ostin Technology holds a performance score of 5. The company holds a Beta of 1.07, which implies a somewhat significant risk relative to the market. Ostin Technology returns are very sensitive to returns on the market. As the market goes up or down, Ostin Technology is expected to follow. Please check Ostin Technology's total risk alpha, downside variance, as well as the relationship between the Downside Variance and daily balance of power , to make a quick decision on whether Ostin Technology's historical price patterns will revert.
Auto-correlation | -0.68 |
Very good reverse predictability
Ostin Technology Group has very good reverse predictability. Overlapping area represents the amount of predictability between Ostin Technology time series from 15th of December 2024 to 29th of January 2025 and 29th of January 2025 to 15th 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 Ostin Technology price movement. The serial correlation of -0.68 indicates that around 68.0% of current Ostin Technology price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.68 | |
| Spearman Rank Test | -0.68 | |
| Residual Average | 0.0 | |
| Price Variance | 0.02 |
Ostin Technology lagged returns against current returns
Autocorrelation, which is Ostin Technology 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 Ostin Technology's stock expected returns. We can calculate the autocorrelation of Ostin Technology returns to help us make a trade decision. For example, suppose you find that Ostin Technology 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 |
Ostin Technology 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 Ostin Technology stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Ostin Technology stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Ostin Technology stock over time.
Current vs Lagged Prices |
| Timeline |
Ostin Technology Lagged Returns
When evaluating Ostin Technology's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Ostin Technology stock have on its future price. Ostin Technology 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, Ostin Technology autocorrelation shows the relationship between Ostin Technology stock current value and its past values and can show if there is a momentum factor associated with investing in Ostin Technology Group.
Regressed Prices |
| Timeline |
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Additional Tools for Ostin Stock Analysis
When running Ostin Technology's price analysis, check to measure Ostin Technology's 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 Ostin Technology is operating at the current time. Most of Ostin Technology's value examination focuses on studying past and present price action to predict the probability of Ostin Technology's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Ostin Technology's price. Additionally, you may evaluate how the addition of Ostin Technology to your portfolios can decrease your overall portfolio volatility.