OVH Groupe's market value is the price at which a share of OVH Groupe trades on a public exchange. It measures the collective expectations of OVH Groupe SAS investors about its performance. OVH Groupe is trading at 8.40 as of the 18th of January 2025, a 2.44 percent up since the beginning of the trading day. The stock's open price was 8.2. With this module, you can estimate the performance of a buy and hold strategy of OVH Groupe SAS and determine expected loss or profit from investing in OVH Groupe over a given investment horizon. Check out Your Equity Center to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
Symbol
OVH
OVH Groupe '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 OVH Groupe'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 OVH Groupe.
0.00
12/19/2024
No Change 0.00
0.0
In 31 days
01/18/2025
0.00
If you would invest 0.00 in OVH Groupe on December 19, 2024 and sell it all today you would earn a total of 0.00 from holding OVH Groupe SAS or generate 0.0% return on investment in OVH Groupe over 30 days.
OVH Groupe 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 OVH Groupe'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 OVH Groupe SAS upside and downside potential and time the market with a certain degree of confidence.
Today, many novice investors tend to focus exclusively on investment returns with little concern for OVH Groupe's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as OVH Groupe's standard deviation. In reality, there are many statistical measures that can use OVH Groupe historical prices to predict the future OVH Groupe's volatility.
OVH Groupe appears to be somewhat reliable, given 3 months investment horizon. OVH Groupe SAS maintains Sharpe Ratio (i.e., Efficiency) of 0.0985, which implies the firm had a 0.0985% return per unit of volatility over the last 3 months. We have found twenty-nine technical indicators for OVH Groupe SAS, which you can use to evaluate the volatility of the company. Please evaluate OVH Groupe's semi deviation of 1.91, and Risk Adjusted Performance of 0.0889 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, OVH Groupe holds a performance score of 7. The company holds a Beta of 0.15, which implies not very significant fluctuations relative to the market. As returns on the market increase, OVH Groupe's returns are expected to increase less than the market. However, during the bear market, the loss of holding OVH Groupe is expected to be smaller as well. Please check OVH Groupe's jensen alpha, potential upside, accumulation distribution, as well as the relationship between the treynor ratio and expected short fall , to make a quick decision on whether OVH Groupe's historical price patterns will revert.
Auto-correlation
-0.91
Near perfect reversele predictability
OVH Groupe SAS has near perfect reversele predictability. Overlapping area represents the amount of predictability between OVH Groupe time series from 19th of December 2024 to 3rd of January 2025 and 3rd of January 2025 to 18th 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 OVH Groupe SAS price movement. The serial correlation of -0.91 indicates that approximately 91.0% of current OVH Groupe price fluctuation can be explain by its past prices.
Correlation Coefficient
-0.91
Spearman Rank Test
-0.85
Residual Average
0.0
Price Variance
0.21
OVH Groupe SAS lagged returns against current returns
Autocorrelation, which is OVH Groupe 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 OVH Groupe's stock expected returns. We can calculate the autocorrelation of OVH Groupe returns to help us make a trade decision. For example, suppose you find that OVH Groupe 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
OVH Groupe 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 OVH Groupe stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if OVH Groupe stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in OVH Groupe stock over time.
Current vs Lagged Prices
Timeline
OVH Groupe Lagged Returns
When evaluating OVH Groupe's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of OVH Groupe stock have on its future price. OVH Groupe 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, OVH Groupe autocorrelation shows the relationship between OVH Groupe stock current value and its past values and can show if there is a momentum factor associated with investing in OVH Groupe SAS.
Regressed Prices
Timeline
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