Oxford Technology (UK) Market Value

OXH Stock   7.00  0.00  0.00%   
Oxford Technology's market value is the price at which a share of Oxford Technology trades on a public exchange. It measures the collective expectations of Oxford Technology 2 investors about its performance. Oxford Technology is trading at 7.00 as of the 22nd of December 2024, a No Change since the beginning of the trading day. The stock's lowest day price was 7.0.
With this module, you can estimate the performance of a buy and hold strategy of Oxford Technology 2 and determine expected loss or profit from investing in Oxford Technology over a given investment horizon. Check out Oxford Technology Correlation, Oxford Technology Volatility and Oxford Technology Alpha and Beta module to complement your research on Oxford Technology.
Symbol

Please note, there is a significant difference between Oxford Technology's value and its price as these two are different measures arrived at by different means. Investors typically determine if Oxford Technology is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Oxford 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.

Oxford 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 Oxford 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 Oxford Technology.
0.00
01/02/2023
No Change 0.00  0.0 
In 1 year 11 months and 22 days
12/22/2024
0.00
If you would invest  0.00  in Oxford Technology on January 2, 2023 and sell it all today you would earn a total of 0.00 from holding Oxford Technology 2 or generate 0.0% return on investment in Oxford Technology over 720 days. Oxford Technology is related to or competes with BW Offshore, Zurich Insurance, Sabre Insurance, Summit Materials, Gruppo MutuiOnline, Various Eateries, and Qurate Retail. Oxford Technology is entity of United Kingdom More

Oxford 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 Oxford 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 Oxford Technology 2 upside and downside potential and time the market with a certain degree of confidence.

Oxford Technology Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Oxford Technology's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Oxford Technology's standard deviation. In reality, there are many statistical measures that can use Oxford Technology historical prices to predict the future Oxford Technology's volatility.
Hype
Prediction
LowEstimatedHigh
4.497.009.51
Details
Intrinsic
Valuation
LowRealHigh
3.686.198.70
Details
Naive
Forecast
LowNextHigh
4.497.009.51
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
7.007.007.00
Details

Oxford Technology Backtested Returns

Oxford Technology 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. Oxford Technology exposes seventeen different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Oxford Technology's Variance of 6.21, risk adjusted performance of (0.18), and Coefficient Of Variation of (430.29) to confirm the risk estimate we provide. The company holds a Beta of 0.13, which implies not very significant fluctuations relative to the market. As returns on the market increase, Oxford Technology's returns are expected to increase less than the market. However, during the bear market, the loss of holding Oxford Technology is expected to be smaller as well. At this point, Oxford Technology has a negative expected return of -0.59%. Please make sure to check Oxford Technology's variance, value at risk, day median price, as well as the relationship between the jensen alpha and kurtosis , to decide if Oxford Technology performance from the past will be repeated at some point in the near future.

Auto-correlation

    
  0.91  

Excellent predictability

Oxford Technology 2 has excellent predictability. Overlapping area represents the amount of predictability between Oxford Technology time series from 2nd of January 2023 to 28th of December 2023 and 28th of December 2023 to 22nd of December 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Oxford Technology price movement. The serial correlation of 0.91 indicates that approximately 91.0% of current Oxford Technology price fluctuation can be explain by its past prices.
Correlation Coefficient0.91
Spearman Rank Test0.87
Residual Average0.0
Price Variance15.35

Oxford Technology lagged returns against current returns

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

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

Oxford Technology Lagged Returns

When evaluating Oxford Technology's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Oxford Technology stock have on its future price. Oxford 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, Oxford Technology autocorrelation shows the relationship between Oxford Technology stock current value and its past values and can show if there is a momentum factor associated with investing in Oxford Technology 2.
   Regressed Prices   
       Timeline  

Also Currently Popular

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 Oxford Stock

Oxford Technology financial ratios help investors to determine whether Oxford 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 Oxford with respect to the benefits of owning Oxford Technology security.