ONEGIN CAPITAL (Germany) Market Value

ONEGIN CAPITAL's market value is the price at which a share of ONEGIN CAPITAL stock trades on a public exchange. It measures the collective expectations of ONEGIN CAPITAL SICAV investors about the entity's future performance. With this module, you can estimate the performance of a buy and hold strategy of ONEGIN CAPITAL SICAV and determine expected loss or profit from investing in ONEGIN CAPITAL over a given investment horizon. Check out Trending Equities.
Symbol
Backtest

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

ONEGIN CAPITAL '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 ONEGIN CAPITAL's fund 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 ONEGIN CAPITAL.
0.00
08/09/2019
No Change 0.00  0.0 
In 1 year 11 months and 21 days
07/29/2021
0.00
If you would invest  0.00  in ONEGIN CAPITAL on August 9, 2019 and sell it all today you would earn a total of 0.00 from holding ONEGIN CAPITAL SICAV or generate 0.0% return on investment in ONEGIN CAPITAL over 720 days. La Sociedad podr invertir entre un 0 percent y 100 percent de su patrimonio en IIC financieras que sean activo apto, arm...

ONEGIN CAPITAL 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 ONEGIN CAPITAL's fund 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 ONEGIN CAPITAL SICAV upside and downside potential and time the market with a certain degree of confidence.

ONEGIN CAPITAL Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for ONEGIN CAPITAL's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as ONEGIN CAPITAL's standard deviation. In reality, there are many statistical measures that can use ONEGIN CAPITAL historical prices to predict the future ONEGIN CAPITAL's volatility.
Sophisticated investors, who have witnessed many market ups and downs, frequently view the market will even out over time. This tendency of ONEGIN CAPITAL'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 ONEGIN CAPITAL in the context of predictive analytics.
Hype
Prediction
LowEstimated ValueHigh
28.7829.1829.58
Details
Intrinsic
Valuation
LowReal ValueHigh
26.2631.7132.11
Details
Naive
Forecast
LowNext ValueHigh
28.7329.1329.53
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
28.1228.9229.71
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as ONEGIN CAPITAL. Your research has to be compared to or analyzed against ONEGIN CAPITAL's peers to derive any actionable benefits. When done correctly, ONEGIN CAPITAL'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 ONEGIN CAPITAL SICAV.

ONEGIN CAPITAL SICAV Backtested Returns

We consider ONEGIN CAPITAL very steady. ONEGIN CAPITAL SICAV maintains Sharpe Ratio (i.e., Efficiency) of 0.15, which implies the entity had 0.15% of return per unit of risk over the last 3 months. Our philosophy in forecasting the volatility of a fund is to use all available market data together with fund-specific technical indicators that cannot be diversified away. We have found twenty-one technical indicators for ONEGIN CAPITAL SICAV, which you can use to evaluate the future volatility of the fund. Please check ONEGIN CAPITAL SICAV Risk Adjusted Performance of 0.1045, semi deviation of 0.3584, and Mean Deviation of 0.278 to confirm if the risk estimate we provide is consistent with the expected return of 0.0611%.
The fund holds a Beta of 0.0142, which implies not very significant fluctuations relative to the market. Let's try to break down what ONEGIN's beta means in this case. As returns on the market increase, ONEGIN CAPITAL returns are expected to increase less than the market. However, during the bear market, the loss on holding ONEGIN CAPITAL will be expected to be smaller as well. Although it is extremely important to respect ONEGIN CAPITAL SICAV 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 fund is to evaluate the business as a whole together with its past performance, including all available fundamental and technical indicators. By inspecting ONEGIN CAPITAL SICAV technical indicators, you can now evaluate if the expected return of 0.0611% will be sustainable into the future.
AdviceVolatility TrendExposureCorrelations

Auto-correlation

    
  (0.59)   

Good reverse predictability

ONEGIN CAPITAL SICAV has good reverse predictability. Overlapping area represents the amount of predictability between ONEGIN CAPITAL time series from 9th of August 2019 to 3rd of August 2020 and 3rd of August 2020 to 29th of July 2021. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of ONEGIN CAPITAL SICAV price movement. The serial correlation of -0.59 indicates that roughly 59.0% of current ONEGIN CAPITAL price fluctuation can be explain by its past prices. Given that ONEGIN CAPITAL SICAV has negative autocorrelation for selected time horizon, investors may consider taking a contrarian position regarding future price movement of ONEGIN CAPITAL for similar time interval.
Correlation Coefficient-0.59
Spearman Rank Test-0.49
Residual Average0.0
Price Variance2.1

ONEGIN CAPITAL SICAV lagged returns against current returns

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

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

ONEGIN CAPITAL Lagged Returns

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

Be your own money manager

Our tools can tell you how much better you can do entering a position in ONEGIN CAPITAL without increasing your portfolio risk or giving up expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate.risk-adjusted returns of your individual positions relative to your overall portfolio.

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Please continue to ONEGIN CAPITAL Hype Analysis, ONEGIN CAPITAL Correlation, Portfolio Optimization, ONEGIN CAPITAL Volatility, as well as analyze ONEGIN CAPITAL Alpha and Beta and ONEGIN CAPITAL Performance. Note that the ONEGIN CAPITAL SICAV information on this page should be used as a complementary analysis to other ONEGIN CAPITAL'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 Volatility Analysis module to get historical volatility and risk analysis based on latest market data.

Other Tools for ONEGIN Fund

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