OSE Pharma (France) Market Value
OSE Stock | EUR 6.20 0.04 0.64% |
Symbol | OSE |
OSE Pharma '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 OSE Pharma'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 OSE Pharma.
04/04/2024 |
| 05/04/2024 |
If you would invest 0.00 in OSE Pharma on April 4, 2024 and sell it all today you would earn a total of 0.00 from holding OSE Pharma SA or generate 0.0% return on investment in OSE Pharma over 30 days. OSE Pharma is related to or competes with Innate Pharma, and Nanobiotix. OSE Immunotherapeutics SA, a biotechnology company, focuses on the development of immunotherapies for immune activation ... More
OSE Pharma 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 OSE Pharma'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 OSE Pharma SA upside and downside potential and time the market with a certain degree of confidence.
Downside Deviation | 2.65 | |||
Information Ratio | 0.1141 | |||
Maximum Drawdown | 57.18 | |||
Value At Risk | (4.99) | |||
Potential Upside | 8.79 |
OSE Pharma Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for OSE Pharma's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as OSE Pharma's standard deviation. In reality, there are many statistical measures that can use OSE Pharma historical prices to predict the future OSE Pharma's volatility.Risk Adjusted Performance | 0.0874 | |||
Jensen Alpha | 0.8058 | |||
Total Risk Alpha | 0.3625 | |||
Sortino Ratio | 0.3107 | |||
Treynor Ratio | 0.6141 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of OSE Pharma'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.
OSE Pharma SA Backtested Returns
OSE Pharma is unstable given 3 months investment horizon. OSE Pharma SA maintains Sharpe Ratio (i.e., Efficiency) of 0.14, which implies the firm had a 0.14% return per unit of risk over the last 3 months. We were able to analyze and collect data for twenty-eight different technical indicators, which can help you to evaluate if expected returns of 1.06% are justified by taking the suggested risk. Use OSE Pharma Risk Adjusted Performance of 0.0874, semi deviation of 2.15, and Mean Deviation of 3.57 to evaluate company specific risk that cannot be diversified away. OSE Pharma holds a performance score of 11 on a scale of zero to a hundred. The company holds a Beta of 1.42, which implies a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, OSE Pharma will likely underperform. Use OSE Pharma information ratio, value at risk, kurtosis, as well as the relationship between the sortino ratio and semi variance , to analyze future returns on OSE Pharma.
Auto-correlation | -0.12 |
Insignificant reverse predictability
OSE Pharma SA has insignificant reverse predictability. Overlapping area represents the amount of predictability between OSE Pharma time series from 4th of April 2024 to 19th of April 2024 and 19th of April 2024 to 4th of May 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 OSE Pharma SA price movement. The serial correlation of -0.12 indicates that less than 12.0% of current OSE Pharma price fluctuation can be explain by its past prices.
Correlation Coefficient | -0.12 | |
Spearman Rank Test | 0.07 | |
Residual Average | 0.0 | |
Price Variance | 0.08 |
OSE Pharma SA lagged returns against current returns
Autocorrelation, which is OSE Pharma 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 OSE Pharma's stock expected returns. We can calculate the autocorrelation of OSE Pharma returns to help us make a trade decision. For example, suppose you find that OSE Pharma 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 |
OSE Pharma 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 OSE Pharma stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if OSE Pharma stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in OSE Pharma stock over time.
Current vs Lagged Prices |
Timeline |
OSE Pharma Lagged Returns
When evaluating OSE Pharma's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of OSE Pharma stock have on its future price. OSE Pharma 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, OSE Pharma autocorrelation shows the relationship between OSE Pharma stock current value and its past values and can show if there is a momentum factor associated with investing in OSE Pharma SA.
Regressed Prices |
Timeline |
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards OSE Pharma in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, OSE Pharma's short interest history, or implied volatility extrapolated from OSE Pharma options trading.
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Try AI Portfolio ArchitectCheck out OSE Pharma Correlation, OSE Pharma Volatility and OSE Pharma Alpha and Beta module to complement your research on OSE Pharma. Note that the OSE Pharma SA information on this page should be used as a complementary analysis to other OSE Pharma's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Competition Analyzer module to analyze and compare many basic indicators for a group of related or unrelated entities.
Complementary Tools for OSE Stock analysis
When running OSE Pharma's price analysis, check to measure OSE Pharma'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 OSE Pharma is operating at the current time. Most of OSE Pharma's value examination focuses on studying past and present price action to predict the probability of OSE Pharma's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move OSE Pharma's price. Additionally, you may evaluate how the addition of OSE Pharma to your portfolios can decrease your overall portfolio volatility.
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OSE Pharma 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.