Oriental Land Co Stock Market Value

OLCLY Stock  USD 31.91  0.51  1.57%   
Oriental Land's market value is the price at which a share of Oriental Land trades on a public exchange. It measures the collective expectations of Oriental Land Co investors about its performance. Oriental Land is trading at 31.91 as of the 29th of March 2024; that is -1.57 percent down since the beginning of the trading day. The stock's open price was 32.42.
With this module, you can estimate the performance of a buy and hold strategy of Oriental Land Co and determine expected loss or profit from investing in Oriental Land over a given investment horizon. Check out Oriental Land Correlation, Oriental Land Volatility and Oriental Land Alpha and Beta module to complement your research on Oriental Land.
Symbol

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

Oriental Land '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 Oriental Land's pink sheet 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 Oriental Land.
0.00
02/28/2024
No Change 0.00  0.0 
In 30 days
03/29/2024
0.00
If you would invest  0.00  in Oriental Land on February 28, 2024 and sell it all today you would earn a total of 0.00 from holding Oriental Land Co or generate 0.0% return on investment in Oriental Land over 30 days. Oriental Land is related to or competes with Oriental Land, ANTA Sports, Li Ning, Li Ning, Carnival Plc, and Shimano. Oriental Land Co., Ltd. operates and manages theme parks and hotels in Japan More

Oriental Land 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 Oriental Land's pink sheet 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 Oriental Land Co upside and downside potential and time the market with a certain degree of confidence.

Oriental Land Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Oriental Land's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Oriental Land's standard deviation. In reality, there are many statistical measures that can use Oriental Land historical prices to predict the future Oriental Land's volatility.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Oriental Land'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
30.4131.9133.41
Details
Intrinsic
Valuation
LowRealHigh
28.7233.7735.27
Details
Naive
Forecast
LowNextHigh
30.7032.2033.69
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
31.7932.5033.21
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Oriental Land. Your research has to be compared to or analyzed against Oriental Land's peers to derive any actionable benefits. When done correctly, Oriental Land'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 Oriental Land.

Oriental Land Backtested Returns

Oriental Land maintains Sharpe Ratio (i.e., Efficiency) of -0.16, which implies the firm had a -0.16% return per unit of risk over the last 3 months. Oriental Land exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Oriental Land's Risk Adjusted Performance of (0.07), variance of 2.43, and Coefficient Of Variation of (712.61) to confirm the risk estimate we provide. The company holds a Beta of 0.77, which implies possible diversification benefits within a given portfolio. As returns on the market increase, Oriental Land's returns are expected to increase less than the market. However, during the bear market, the loss of holding Oriental Land is expected to be smaller as well. Oriental Land has an expected return of -0.24%. Please make sure to check Oriental Land standard deviation, potential upside, as well as the relationship between the Potential Upside and day median price , to decide if Oriental Land performance from the past will be repeated at some point in the near future.

Auto-correlation

    
  0.78  

Good predictability

Oriental Land Co has good predictability. Overlapping area represents the amount of predictability between Oriental Land time series from 28th of February 2024 to 14th of March 2024 and 14th of March 2024 to 29th of March 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 Oriental Land price movement. The serial correlation of 0.78 indicates that around 78.0% of current Oriental Land price fluctuation can be explain by its past prices.
Correlation Coefficient0.78
Spearman Rank Test0.66
Residual Average0.0
Price Variance0.18

Oriental Land lagged returns against current returns

Autocorrelation, which is Oriental Land pink sheet'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 Oriental Land's pink sheet expected returns. We can calculate the autocorrelation of Oriental Land returns to help us make a trade decision. For example, suppose you find that Oriental Land has exhibited high autocorrelation historically, and you observe that the pink sheet 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  

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

Oriental Land Lagged Returns

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

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Check out Oriental Land Correlation, Oriental Land Volatility and Oriental Land Alpha and Beta module to complement your research on Oriental Land.
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When running Oriental Land's price analysis, check to measure Oriental Land'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 Oriental Land is operating at the current time. Most of Oriental Land's value examination focuses on studying past and present price action to predict the probability of Oriental Land's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Oriental Land's price. Additionally, you may evaluate how the addition of Oriental Land to your portfolios can decrease your overall portfolio volatility.
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Oriental Land technical pink sheet 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, pink sheet market cycles, or different charting patterns.
A focus of Oriental Land technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Oriental Land 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...