Oddity Tech Ltd Stock Market Value
| ODD Stock | 69.92 0.33 0.47% |
| Symbol | ODDITY |
Is Consumer Goods space 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 ODDITY Tech. If investors know ODDITY 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 ODDITY Tech listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of ODDITY Tech is measured differently than its book value, which is the value of ODDITY that is recorded on the company's balance sheet. Investors also form their own opinion of ODDITY Tech's value that differs from its market value or its book value, called intrinsic value, which is ODDITY Tech'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 ODDITY Tech's market value can be influenced by many factors that don't directly affect ODDITY Tech'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 ODDITY Tech's value and its price as these two are different measures arrived at by different means. Investors typically determine if ODDITY Tech is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ODDITY Tech'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.
ODDITY Tech '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 ODDITY Tech'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 ODDITY Tech.
| 04/24/2025 |
| 07/23/2025 |
If you would invest 0.00 in ODDITY Tech on April 24, 2025 and sell it all today you would earn a total of 0.00 from holding ODDITY Tech Ltd or generate 0.0% return on investment in ODDITY Tech over 90 days. ODDITY Tech is related to or competes with Highway Holdings, BOS Better, Perseus Mining, Entravision Communications, Boston Omaha, Titan America, and CarsalesCom. More
ODDITY Tech 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 ODDITY Tech'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 ODDITY Tech Ltd upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 4.64 | |||
| Information Ratio | 0.131 | |||
| Maximum Drawdown | 44.52 | |||
| Value At Risk | (4.30) | |||
| Potential Upside | 4.59 |
ODDITY Tech Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for ODDITY Tech's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as ODDITY Tech's standard deviation. In reality, there are many statistical measures that can use ODDITY Tech historical prices to predict the future ODDITY Tech's volatility.| Risk Adjusted Performance | 0.1635 | |||
| Jensen Alpha | 0.7511 | |||
| Total Risk Alpha | (0.29) | |||
| Sortino Ratio | 0.1399 | |||
| Treynor Ratio | 1.69 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of ODDITY Tech'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.
ODDITY Tech Backtested Returns
ODDITY Tech appears to be very steady, given 3 months investment horizon. ODDITY Tech maintains Sharpe Ratio (i.e., Efficiency) of 0.17, which implies the firm had a 0.17 % return per unit of risk over the last 3 months. By examining ODDITY Tech's technical indicators, you can evaluate if the expected return of 0.87% is justified by implied risk. Please evaluate ODDITY Tech's Mean Deviation of 2.52, semi deviation of 3.42, and Risk Adjusted Performance of 0.1635 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, ODDITY Tech holds a performance score of 13. The company holds a Beta of 0.51, which implies possible diversification benefits within a given portfolio. As returns on the market increase, ODDITY Tech's returns are expected to increase less than the market. However, during the bear market, the loss of holding ODDITY Tech is expected to be smaller as well. Please check ODDITY Tech's maximum drawdown, skewness, and the relationship between the total risk alpha and downside variance , to make a quick decision on whether ODDITY Tech's historical price patterns will revert.
Auto-correlation | -0.16 |
Insignificant reverse predictability
ODDITY Tech Ltd has insignificant reverse predictability. Overlapping area represents the amount of predictability between ODDITY Tech time series from 24th of April 2025 to 8th of June 2025 and 8th of June 2025 to 23rd of July 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of ODDITY Tech price movement. The serial correlation of -0.16 indicates that over 16.0% of current ODDITY Tech price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.16 | |
| Spearman Rank Test | 0.09 | |
| Residual Average | 0.0 | |
| Price Variance | 4.27 |
ODDITY Tech lagged returns against current returns
Autocorrelation, which is ODDITY Tech 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 ODDITY Tech's stock expected returns. We can calculate the autocorrelation of ODDITY Tech returns to help us make a trade decision. For example, suppose you find that ODDITY Tech 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 |
ODDITY Tech 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 ODDITY Tech stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if ODDITY Tech stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in ODDITY Tech stock over time.
Current vs Lagged Prices |
| Timeline |
ODDITY Tech Lagged Returns
When evaluating ODDITY Tech's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of ODDITY Tech stock have on its future price. ODDITY Tech 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, ODDITY Tech autocorrelation shows the relationship between ODDITY Tech stock current value and its past values and can show if there is a momentum factor associated with investing in ODDITY Tech Ltd.
Regressed Prices |
| Timeline |
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Check out ODDITY Tech Correlation, ODDITY Tech Volatility and ODDITY Tech Alpha and Beta module to complement your research on ODDITY Tech. You can also try the Global Correlations module to find global opportunities by holding instruments from different markets.
ODDITY Tech 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.