OSE All (Norway) Market Value

OSEAX -  Norway Index  

 1,017  370.15  26.68%

OSE All's market value is the price at which a share of OSE All stock trades on a public exchange. It measures the collective expectations of OSE All investors about the entity's future performance. With this module, you can estimate the performance of a buy and hold strategy of OSE All and determine expected loss or profit from investing in OSE All over a given investment horizon. Check out OSE All Hype Analysis, OSE All Correlation, Portfolio Optimization, OSE All Volatility, as well as analyze OSE All Alpha and Beta and OSE All Performance.
Symbol
Backtest

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

OSE All '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 All's index 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 All.
0.00
03/21/2022
No Change 0.00  0.0 
In 2 months and 2 days
05/20/2022
0.00
If you would invest  0.00  in OSE All on March 21, 2022 and sell it all today you would earn a total of 0.00 from holding OSE All or generate 0.0% return on investment in OSE All over 60 days.

OSE All 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 All's index 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 All upside and downside potential and time the market with a certain degree of confidence.

OSE All Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for OSE All's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as OSE All's standard deviation. In reality, there are many statistical measures that can use OSE All historical prices to predict the future OSE All's volatility.
Sophisticated investors, who have witnessed many market ups and downs, frequently view the market will even out over time. This tendency of OSE All'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. Please use the tools below to analyze the current value of OSE All in the context of predictive analytics.
Hype
Prediction
LowEstimated ValueHigh
1,3841,3881,391
Details
Intrinsic
Valuation
LowReal ValueHigh
982.00985.141,526
Details
Naive
Forecast
LowNext ValueHigh
1,3071,3101,313
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
1,0111,1311,250
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as OSE All. Your research has to be compared to or analyzed against OSE All's peers to derive any actionable benefits. When done correctly, OSE All's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy towards taking a position in OSE All.

OSE All Backtested Returns

OSE All maintains Sharpe Ratio (i.e., Efficiency) of 0.0097, which implies the entity had 0.0097% of return per unit of risk over the last 3 months. Our philosophy in forecasting the volatility of an index is to use all available market data together with index-specific technical indicators that cannot be diversified away. We have found twenty-six technical indicators for OSE All, which you can use to evaluate the future volatility of the index.
The index holds a Beta of 0.0, which implies not very significant fluctuations relative to the market. Let's try to break down what OSEAX's beta means in this case. the returns on MARKET and OSE All are completely uncorrelated. Although it is extremely important to respect OSE All current trending patterns, it is better to be realistic regarding the information on equity existing price patterns. The philosophy in forecasting future performance of any index is to evaluate the business as a whole together with its past performance, including all available fundamental and technical indicators. By inspecting OSE All technical indicators, you can now evaluate if the expected return of 0.0456% will be sustainable into the future.

Auto-correlation

    
  -0.07  

Very weak reverse predictability

OSE All has very weak reverse predictability. Overlapping area represents the amount of predictability between OSE All time series from 21st of March 2022 to 20th of April 2022 and 20th of April 2022 to 20th of May 2022. 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 All price movement. The serial correlation of -0.07 indicates that barely 7.0% of current OSE All price fluctuation can be explain by its past prices.
Correlation Coefficient-0.07
Spearman Rank Test-0.21
Residual Average0.0
Price Variance599.16

OSE All lagged returns against current returns

Autocorrelation, which is OSE All index'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 All's index expected returns. We can calculate the autocorrelation of OSE All returns to help us make a trade decision. For example, suppose you find that OSE All index 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 stock movement to match the lagging time series.
 Current and Lagged Values 
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      Timeline 

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

OSE All Lagged Returns

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

OSE All Investors Sentiment

The influence of OSE All's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in OSEAX. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock markets does not have a solid backing from leading economists and market statisticians.
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 All 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 All's short interest history, or implied volatility extrapolated from OSE All options trading.

Current Sentiment - OSEAX

OSE All Investor Sentiment

Most of Macroaxis investors are at this time bullish on OSE All. What is your perspective on investing in Norway companies? Are you bullish or bearish on OSE All?
Bullish
Bearish
98% Bullish
2% Bearish
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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.
Check out OSE All Hype Analysis, OSE All Correlation, Portfolio Optimization, OSE All Volatility, as well as analyze OSE All Alpha and Beta and OSE All Performance. Note that the OSE All information on this page should be used as a complementary analysis to other OSE All'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 Portfolio Backtesting module to avoid under-diversification and over-optimization by backtesting your portfolios.

Other Tools for OSEAX Index

When running OSE All price analysis, check to measure OSE All'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 All is operating at the current time. Most of OSE All's value examination focuses on studying past and present price action to predict the probability of OSE All's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move OSE All's price. Additionally, you may evaluate how the addition of OSE All to your portfolios can decrease your overall portfolio volatility.
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