Optronics Technologies (Greece) Market Value
| OPTRON Stock | EUR 2.98 0.20 7.19% |
| Symbol | Optronics |
Optronics Technologies '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 Optronics Technologies' 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 Optronics Technologies.
| 04/23/2025 |
| 07/22/2025 |
If you would invest 0.00 in Optronics Technologies on April 23, 2025 and sell it all today you would earn a total of 0.00 from holding Optronics Technologies SA or generate 0.0% return on investment in Optronics Technologies over 90 days. Optronics Technologies is related to or competes with CPI Computer, Athens Medical, Daios Plastics, Hellenic Telecommunicatio, Karelia Tobacco, Technical Olympic, and Aegean Airlines. Optronics Technologies S.A. provides services in the fiber optics, optoelectronics, and laser applications markets in Gr... More
Optronics Technologies 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 Optronics Technologies' 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 Optronics Technologies SA upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | 0.3076 | |||
| Maximum Drawdown | 17.59 | |||
| Value At Risk | (3.45) | |||
| Potential Upside | 9.38 |
Optronics Technologies Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Optronics Technologies' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Optronics Technologies' standard deviation. In reality, there are many statistical measures that can use Optronics Technologies historical prices to predict the future Optronics Technologies' volatility.| Risk Adjusted Performance | 0.3325 | |||
| Jensen Alpha | 1.28 | |||
| Total Risk Alpha | 0.7072 | |||
| Treynor Ratio | (2.97) |
Optronics Technologies Backtested Returns
Optronics Technologies is risky given 3 months investment horizon. Optronics Technologies maintains Sharpe Ratio (i.e., Efficiency) of 0.36, which implies the firm had a 0.36 % return per unit of risk over the last 3 months. We were able to interpolate and analyze data for twenty-three different technical indicators, which can help you to evaluate if expected returns of 1.31% are justified by taking the suggested risk. Use Optronics Technologies Risk Adjusted Performance of 0.3325, variance of 12.48, and Coefficient Of Variation of 286.61 to evaluate company specific risk that cannot be diversified away. Optronics Technologies holds a performance score of 28 on a scale of zero to a hundred. The company holds a Beta of -0.41, which implies possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Optronics Technologies are expected to decrease at a much lower rate. During the bear market, Optronics Technologies is likely to outperform the market. Use Optronics Technologies maximum drawdown, daily balance of power, as well as the relationship between the Daily Balance Of Power and period momentum indicator , to analyze future returns on Optronics Technologies.
Auto-correlation | 0.18 |
Very weak predictability
Optronics Technologies SA has very weak predictability. Overlapping area represents the amount of predictability between Optronics Technologies time series from 23rd of April 2025 to 7th of June 2025 and 7th of June 2025 to 22nd 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 Optronics Technologies price movement. The serial correlation of 0.18 indicates that over 18.0% of current Optronics Technologies price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.18 | |
| Spearman Rank Test | 0.44 | |
| Residual Average | 0.0 | |
| Price Variance | 0.01 |
Optronics Technologies lagged returns against current returns
Autocorrelation, which is Optronics Technologies 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 Optronics Technologies' stock expected returns. We can calculate the autocorrelation of Optronics Technologies returns to help us make a trade decision. For example, suppose you find that Optronics Technologies 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 |
Optronics Technologies 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 Optronics Technologies stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Optronics Technologies stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Optronics Technologies stock over time.
Current vs Lagged Prices |
| Timeline |
Optronics Technologies Lagged Returns
When evaluating Optronics Technologies' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Optronics Technologies stock have on its future price. Optronics Technologies 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, Optronics Technologies autocorrelation shows the relationship between Optronics Technologies stock current value and its past values and can show if there is a momentum factor associated with investing in Optronics Technologies SA.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Other Information on Investing in Optronics Stock
Optronics Technologies financial ratios help investors to determine whether Optronics Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Optronics with respect to the benefits of owning Optronics Technologies security.