Ouster Inc Stock Market Value
| OUST Stock | USD 6.99 0.09 1.27% |
| Symbol | Ouster |
Ouster Inc Price To Book Ratio
Is Ouster's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Ouster. If investors know Ouster will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Ouster listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (10.10) | Revenue Per Share 2.248 | Quarterly Revenue Growth 1.235 | Return On Assets (0.33) | Return On Equity (2.13) |
The market value of Ouster Inc is measured differently than its book value, which is the value of Ouster that is recorded on the company's balance sheet. Investors also form their own opinion of Ouster's value that differs from its market value or its book value, called intrinsic value, which is Ouster's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Ouster's market value can be influenced by many factors that don't directly affect Ouster's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Ouster's value and its price as these two are different measures arrived at by different means. Investors typically determine if Ouster is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Ouster'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.
Ouster '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 Ouster'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 Ouster.
| 03/19/2024 |
| 04/18/2024 |
If you would invest 0.00 in Ouster on March 19, 2024 and sell it all today you would earn a total of 0.00 from holding Ouster Inc or generate 0.0% return on investment in Ouster over 30 days. Ouster is related to or competes with KULR Technology, LightPath Technologies, Daktronics, Kopin, Vicor, Fabrinet, and Neonode. Ouster, Inc. designs and manufactures high-resolution digital lidar sensors and enabling software that offers 3D vision ... More
Ouster 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 Ouster'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 Ouster Inc upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 4.69 | |||
| Information Ratio | 0.0376 | |||
| Maximum Drawdown | 43.6 | |||
| Value At Risk | (8.04) | |||
| Potential Upside | 8.32 |
Ouster Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Ouster's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Ouster's standard deviation. In reality, there are many statistical measures that can use Ouster historical prices to predict the future Ouster's volatility.| Risk Adjusted Performance | 0.0378 | |||
| Jensen Alpha | 0.1317 | |||
| Total Risk Alpha | (0.20) | |||
| Sortino Ratio | 0.0564 | |||
| Treynor Ratio | 0.0791 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Ouster'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.
Ouster Inc Backtested Returns
Ouster appears to be relatively risky, given 3 months investment horizon. Ouster Inc maintains Sharpe Ratio (i.e., Efficiency) of 0.061, which implies the firm had a 0.061% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Ouster Inc, which you can use to evaluate the volatility of the company. Please evaluate Ouster's Coefficient Of Variation of 2198.71, semi deviation of 4.46, and Risk Adjusted Performance of 0.0378 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Ouster holds a performance score of 4. The company holds a Beta of 3.92, which implies a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Ouster will likely underperform. Please check Ouster's downside variance, as well as the relationship between the daily balance of power and relative strength index , to make a quick decision on whether Ouster's historical price patterns will revert.
Auto-correlation | -0.86 |
Excellent reverse predictability
Ouster Inc has excellent reverse predictability. Overlapping area represents the amount of predictability between Ouster time series from 19th of March 2024 to 3rd of April 2024 and 3rd of April 2024 to 18th 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 Ouster Inc price movement. The serial correlation of -0.86 indicates that approximately 86.0% of current Ouster price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.86 | |
| Spearman Rank Test | -0.82 | |
| Residual Average | 0.0 | |
| Price Variance | 1.0 |
Ouster Inc lagged returns against current returns
Autocorrelation, which is Ouster 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 Ouster's stock expected returns. We can calculate the autocorrelation of Ouster returns to help us make a trade decision. For example, suppose you find that Ouster 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 |
Ouster 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 Ouster stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Ouster stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Ouster stock over time.
Current vs Lagged Prices |
| Timeline |
Ouster Lagged Returns
When evaluating Ouster's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Ouster stock have on its future price. Ouster 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, Ouster autocorrelation shows the relationship between Ouster stock current value and its past values and can show if there is a momentum factor associated with investing in Ouster Inc.
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 Ouster 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, Ouster's short interest history, or implied volatility extrapolated from Ouster options trading.
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Try AI Portfolio ArchitectCheck out Ouster Correlation, Ouster Volatility and Ouster Alpha and Beta module to complement your research on Ouster. You can also try the Portfolio Volatility module to check portfolio volatility and analyze historical return density to properly model market risk.
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When running Ouster's price analysis, check to measure Ouster'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 Ouster is operating at the current time. Most of Ouster's value examination focuses on studying past and present price action to predict the probability of Ouster's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Ouster's price. Additionally, you may evaluate how the addition of Ouster to your portfolios can decrease your overall portfolio volatility.
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Ouster 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.