Omega Healthcare Backtesting

OHI -- USA Stock  

Quarterly Earning Report: November 4, 2019  

With this equity back-testing module your can estimate the performance of a buy and hold strategy of Omega Healthcare Investors and determine expected loss or profit from investing in Omega Healthcare over given investment horizon. Additionally take a look at Omega Healthcare Hype Analysis, Omega Healthcare Correlation, Omega Healthcare Valuation, Omega Healthcare Volatility as well as analyze Omega Healthcare Alpha and Beta and Omega Healthcare Performance.
Horizon     30 Days    Login   to change

Omega Healthcare 'What if' Analysis

July 17, 2019
No Change 0.00  0.0 
In 2 months and 31 days
October 15, 2019
If you would invest  0.00  in Omega Healthcare on July 17, 2019 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 90 days. Omega Healthcare is related to or competes with Medical Properties, Healthcare Trust, Healthcare Realty, LTC Properties, Physicians Realty, and HCP. Omega is a real estate investment trust that invests in the long-term healthcare industry, primarily in skilled nursing ...

Omega Healthcare Upside/Downside Indicators

Downside Deviation1.19
Information Ratio0.2476
Maximum Drawdown8.29
Value At Risk(1.55)
Potential Upside1.45

Omega Healthcare Market Premium Indicators

Risk Adjusted Performance0.2194
Jensen Alpha0.2708
Total Risk Alpha0.2978
Sortino Ratio0.2433
Treynor Ratio0.5516

Omega Healthcare Inv Backtested Returns

Macroaxis considers Omega Healthcare very steady given 3 months investment horizon. Omega Healthcare Inv maintains Sharpe Ratio (i.e. Efficiency) of 0.2287 which implies the corporation had 0.2287% of return per unit of risk over the last 3 months. Our philosophy towards forecasting volatility of a stock is to use all available market data together with stock specific technical indicators that cannot be diversified away. We have found twenty-one technical indicators for Omega Healthcare Inv which you can use to evaluate future volatility of the company. Please employ Omega Healthcare Inv Coefficient Of Variation of 443.48, Semi Deviation of 0.8933 and Risk Adjusted Performance of 0.2194 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100 Omega Healthcare holds performance score of 15. The organization holds Beta of 0.4609 which implies as returns on market increase, Omega Healthcare returns are expected to increase less than the market. However during bear market, the loss on holding Omega Healthcare will be expected to be smaller as well. Although it is vital to follow to Omega Healthcare Inv current trending patterns, it is good to be conservative about what you can actually do with the information regarding equity existing price patterns. The philosophy towards forecasting future performance of any stock is to evaluate the business as a whole together with its past performance including all available fundamental and technical indicators. By analyzing Omega Healthcare Inv technical indicators you can presently evaluate if the expected return of 0.2721% will be sustainable into the future. Please employ Omega Healthcare Inv Variance as well as the relationship between Maximum Drawdown and Semi Variance to make a quick decision on weather Omega Healthcare historical price patterns will revert.
Advice Volatility Trend Exposure Correlations
15 days auto-correlation 0.83 
correlation synergy

Very good predictability

Omega Healthcare Investors has very good predictability. Overlapping area represents the amount of predictability between Omega Healthcare time series from July 17, 2019 to August 31, 2019 and August 31, 2019 to October 15, 2019. 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 0.83 indicates that around 83.0% of current Omega Healthcare price fluctuation can be explain by its past prices.
Correlation Coefficient0.83
Spearman Rank Test0.65
Residual Average0.0
Price Variance0.41

Omega Healthcare Inv lagged returns against current returns

 Current and Lagged Values 

Omega Healthcare regressed lagged prices vs. current prices

 Current vs Lagged Prices 

Omega Healthcare Lagged Returns

 Regressed Prices 

Current Sentiment - OHI

Omega Healthcare Inv Investor Sentiment

Predominant part of Macroaxis users are now bullish on Omega Healthcare Investors. What is your perspective on investing in Omega Healthcare Investors? Are you bullish or bearish?
98% Bullish
2% Bearish

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Additionally take a look at Omega Healthcare Hype Analysis, Omega Healthcare Correlation, Omega Healthcare Valuation, Omega Healthcare Volatility as well as analyze Omega Healthcare Alpha and Beta and Omega Healthcare Performance. Please also try Watchlist Optimization module to optimize watchlists to build efficient portfolio or rebalance existing positions based on mean-variance optimization algorithm.