ObsEva SA (Switzerland) Market Value

OBSN Stock  CHF 0  0  18.52%   
ObsEva SA's market value is the price at which a share of ObsEva SA trades on a public exchange. It measures the collective expectations of ObsEva SA investors about its performance. ObsEva SA is selling for under 0.0044 as of the 25th of April 2024; that is -18.52% down since the beginning of the trading day. The stock's lowest day price was 0.004.
With this module, you can estimate the performance of a buy and hold strategy of ObsEva SA and determine expected loss or profit from investing in ObsEva SA over a given investment horizon. Check out ObsEva SA Correlation, ObsEva SA Volatility and ObsEva SA Alpha and Beta module to complement your research on ObsEva SA.
Symbol

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

ObsEva SA '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 ObsEva SA'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 ObsEva SA.
0.00
05/06/2022
No Change 0.00  0.0 
In 1 year 11 months and 22 days
04/25/2024
0.00
If you would invest  0.00  in ObsEva SA on May 6, 2022 and sell it all today you would earn a total of 0.00 from holding ObsEva SA or generate 0.0% return on investment in ObsEva SA over 720 days. ObsEva SA is related to or competes with Santhera Pharmaceuticals, Idorsia, Molecular Partners, Wisekey International, and Evolva Holding. ObsEva SA, a biopharmaceutical company, focuses on the development and commercialization of novel therapeutics for women... More

ObsEva SA 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 ObsEva SA'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 ObsEva SA upside and downside potential and time the market with a certain degree of confidence.

ObsEva SA Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for ObsEva SA's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as ObsEva SA's standard deviation. In reality, there are many statistical measures that can use ObsEva SA historical prices to predict the future ObsEva SA's volatility.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of ObsEva SA'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.
Hype
Prediction
LowEstimatedHigh
0.00019.64
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Intrinsic
Valuation
LowRealHigh
0.00019.64
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as ObsEva SA. Your research has to be compared to or analyzed against ObsEva SA's peers to derive any actionable benefits. When done correctly, ObsEva SA's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in ObsEva SA.

ObsEva SA Backtested Returns

ObsEva SA maintains Sharpe Ratio (i.e., Efficiency) of -0.0697, which implies the firm had a -0.0697% return per unit of risk over the last 3 months. ObsEva SA exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check ObsEva SA's Variance of 385.67, risk adjusted performance of (0.03), and Coefficient Of Variation of (1,434) to confirm the risk estimate we provide. The company holds a Beta of -0.21, which implies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning ObsEva SA are expected to decrease at a much lower rate. During the bear market, ObsEva SA is likely to outperform the market. ObsEva SA has an expected return of -1.37%. Please make sure to check ObsEva SA skewness, accumulation distribution, and the relationship between the potential upside and kurtosis , to decide if ObsEva SA performance from the past will be repeated at some point in the near future.

Auto-correlation

    
  0.43  

Average predictability

ObsEva SA has average predictability. Overlapping area represents the amount of predictability between ObsEva SA time series from 6th of May 2022 to 1st of May 2023 and 1st of May 2023 to 25th of April 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 ObsEva SA price movement. The serial correlation of 0.43 indicates that just about 43.0% of current ObsEva SA price fluctuation can be explain by its past prices.
Correlation Coefficient0.43
Spearman Rank Test0.61
Residual Average0.0
Price Variance0.0

ObsEva SA lagged returns against current returns

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

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

ObsEva SA Lagged Returns

When evaluating ObsEva SA's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of ObsEva SA stock have on its future price. ObsEva SA 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, ObsEva SA autocorrelation shows the relationship between ObsEva SA stock current value and its past values and can show if there is a momentum factor associated with investing in ObsEva 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 ObsEva SA 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, ObsEva SA's short interest history, or implied volatility extrapolated from ObsEva SA options trading.

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Check out ObsEva SA Correlation, ObsEva SA Volatility and ObsEva SA Alpha and Beta module to complement your research on ObsEva SA.
You can also try the Bond Analysis module to evaluate and analyze corporate bonds as a potential investment for your portfolios..

Complementary Tools for ObsEva Stock analysis

When running ObsEva SA's price analysis, check to measure ObsEva SA'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 ObsEva SA is operating at the current time. Most of ObsEva SA's value examination focuses on studying past and present price action to predict the probability of ObsEva SA's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move ObsEva SA's price. Additionally, you may evaluate how the addition of ObsEva SA to your portfolios can decrease your overall portfolio volatility.
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ObsEva SA 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.
A focus of ObsEva SA technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of ObsEva SA trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...