Omega Healthcare (Germany) Market Value
| WX4 Stock | EUR 36.26 0.53 1.44% |
| Symbol | Omega |
Omega Healthcare '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 Omega Healthcare'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 Omega Healthcare.
| 06/26/2024 |
| 12/23/2024 |
If you would invest 0.00 in Omega Healthcare on June 26, 2024 and sell it all today you would earn a total of 0.00 from holding Omega Healthcare Investors or generate 0.0% return on investment in Omega Healthcare over 180 days. Omega Healthcare is related to or competes with Welltower, Healthpeak Properties, Medical Properties, Sabra Health, National Health, and LTC Properties. Omega is a real estate investment trust that invests in the long-term healthcare industry, primarily in skilled nursing ... More
Omega Healthcare 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 Omega Healthcare'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 Omega Healthcare Investors upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.61 | |||
| Information Ratio | 0.0076 | |||
| Maximum Drawdown | 8.41 | |||
| Value At Risk | (2.97) | |||
| Potential Upside | 2.44 |
Omega Healthcare Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Omega Healthcare's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Omega Healthcare's standard deviation. In reality, there are many statistical measures that can use Omega Healthcare historical prices to predict the future Omega Healthcare's volatility.| Risk Adjusted Performance | 0.027 | |||
| Jensen Alpha | 0.0295 | |||
| Total Risk Alpha | (0.01) | |||
| Sortino Ratio | 0.0076 | |||
| Treynor Ratio | 0.1563 |
Omega Healthcare Inv Backtested Returns
At this point, Omega Healthcare is very steady. Omega Healthcare Inv maintains Sharpe Ratio (i.e., Efficiency) of 0.0151, which implies the firm had a 0.0151% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Omega Healthcare Inv, which you can use to evaluate the volatility of the company. Please check Omega Healthcare's Coefficient Of Variation of 3616.31, risk adjusted performance of 0.027, and Semi Deviation of 1.5 to confirm if the risk estimate we provide is consistent with the expected return of 0.0241%. Omega Healthcare has a performance score of 1 on a scale of 0 to 100. The company holds a Beta of 0.22, which implies not very significant fluctuations relative to the market. As returns on the market increase, Omega Healthcare's returns are expected to increase less than the market. However, during the bear market, the loss of holding Omega Healthcare is expected to be smaller as well. Omega Healthcare Inv right now holds a risk of 1.6%. Please check Omega Healthcare Inv coefficient of variation, jensen alpha, sortino ratio, as well as the relationship between the information ratio and total risk alpha , to decide if Omega Healthcare Inv will be following its historical price patterns.
Auto-correlation | 0.56 |
Modest predictability
Omega Healthcare Investors has modest predictability. Overlapping area represents the amount of predictability between Omega Healthcare time series from 26th of June 2024 to 24th of September 2024 and 24th of September 2024 to 23rd 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 Omega Healthcare Inv price movement. The serial correlation of 0.56 indicates that roughly 56.0% of current Omega Healthcare price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.56 | |
| Spearman Rank Test | 0.47 | |
| Residual Average | 0.0 | |
| Price Variance | 1.21 |
Omega Healthcare Inv lagged returns against current returns
Autocorrelation, which is Omega Healthcare 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 Omega Healthcare's stock expected returns. We can calculate the autocorrelation of Omega Healthcare returns to help us make a trade decision. For example, suppose you find that Omega Healthcare 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 |
Omega Healthcare 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 Omega Healthcare stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Omega Healthcare stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Omega Healthcare stock over time.
Current vs Lagged Prices |
| Timeline |
Omega Healthcare Lagged Returns
When evaluating Omega Healthcare's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Omega Healthcare stock have on its future price. Omega Healthcare 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, Omega Healthcare autocorrelation shows the relationship between Omega Healthcare stock current value and its past values and can show if there is a momentum factor associated with investing in Omega Healthcare Investors.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Additional Information and Resources on Investing in Omega Stock
When determining whether Omega Healthcare Inv offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Omega Healthcare's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Omega Healthcare Investors Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Omega Healthcare Investors Stock:Check out Omega Healthcare Correlation, Omega Healthcare Volatility and Omega Healthcare Alpha and Beta module to complement your research on Omega Healthcare. You can also try the Competition Analyzer module to analyze and compare many basic indicators for a group of related or unrelated entities.
Omega Healthcare technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.