Odyssey Gold (Australia) Market Value

ODY Stock   0.02  0  4.17%   
Odyssey Gold's market value is the price at which a share of Odyssey Gold trades on a public exchange. It measures the collective expectations of Odyssey Gold investors about its performance. Odyssey Gold is selling for under 0.023 as of the 20th of July 2025; that is 4.17 percent decrease since the beginning of the trading day. The stock's last reported lowest price was 0.022.
With this module, you can estimate the performance of a buy and hold strategy of Odyssey Gold and determine expected loss or profit from investing in Odyssey Gold over a given investment horizon. Check out Odyssey Gold Correlation, Odyssey Gold Volatility and Odyssey Gold Alpha and Beta module to complement your research on Odyssey Gold.
Symbol

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

Odyssey Gold '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 Odyssey Gold'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 Odyssey Gold.
0.00
04/21/2025
No Change 0.00  0.0 
In 3 months and 1 day
07/20/2025
0.00
If you would invest  0.00  in Odyssey Gold on April 21, 2025 and sell it all today you would earn a total of 0.00 from holding Odyssey Gold or generate 0.0% return on investment in Odyssey Gold over 90 days. Odyssey Gold is related to or competes with Westpac Banking, and Abacus Storage. Odyssey Gold is entity of Australia. It is traded as Stock on AU exchange. More

Odyssey Gold 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 Odyssey Gold'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 Odyssey Gold upside and downside potential and time the market with a certain degree of confidence.

Odyssey Gold Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Odyssey Gold's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Odyssey Gold's standard deviation. In reality, there are many statistical measures that can use Odyssey Gold historical prices to predict the future Odyssey Gold's volatility.
Hype
Prediction
LowEstimatedHigh
0.000.026.85
Details
Intrinsic
Valuation
LowRealHigh
0.000.026.85
Details
Naive
Forecast
LowNextHigh
0.00050.036.86
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
0.010.020.02
Details

Odyssey Gold Backtested Returns

Currently, Odyssey Gold is out of control. Odyssey Gold maintains Sharpe Ratio (i.e., Efficiency) of 0.0139, which implies the firm had a 0.0139 % return per unit of risk over the last 3 months. We have found thirty technical indicators for Odyssey Gold, which you can use to evaluate the volatility of the company. Please check Odyssey Gold's Risk Adjusted Performance of 0.0791, semi deviation of 5.25, and Coefficient Of Variation of 1325.77 to confirm if the risk estimate we provide is consistent with the expected return of 0.0948%. Odyssey Gold has a performance score of 1 on a scale of 0 to 100. The company holds a Beta of -1.61, which implies a somewhat significant risk relative to the market. As returns on the market increase, returns on owning Odyssey Gold are expected to decrease by larger amounts. On the other hand, during market turmoil, Odyssey Gold is expected to outperform it. Odyssey Gold right now holds a risk of 6.83%. Please check Odyssey Gold maximum drawdown, potential upside, semi variance, as well as the relationship between the value at risk and downside variance , to decide if Odyssey Gold will be following its historical price patterns.

Auto-correlation

    
  -0.29  

Weak reverse predictability

Odyssey Gold has weak reverse predictability. Overlapping area represents the amount of predictability between Odyssey Gold time series from 21st of April 2025 to 5th of June 2025 and 5th of June 2025 to 20th 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 Odyssey Gold price movement. The serial correlation of -0.29 indicates that nearly 29.0% of current Odyssey Gold price fluctuation can be explain by its past prices.
Correlation Coefficient-0.29
Spearman Rank Test-0.14
Residual Average0.0
Price Variance0.0

Odyssey Gold lagged returns against current returns

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

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

Odyssey Gold Lagged Returns

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

Thematic Opportunities

Explore Investment Opportunities

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Additional Tools for Odyssey Stock Analysis

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