Otello ASA (Germany) Market Value
| OS3 Stock | EUR 1.12 0.03 2.75% |
| Symbol | Otello |
Otello ASA '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 Otello ASA'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 Otello ASA.
| 04/21/2025 |
| 07/20/2025 |
If you would invest 0.00 in Otello ASA on April 21, 2025 and sell it all today you would earn a total of 0.00 from holding Otello ASA or generate 0.0% return on investment in Otello ASA over 90 days. Otello ASA is related to or competes with AviChina Industry, Micron Technology, SCOTT TECHNOLOGY, ALERION CLEANPOWER, AECOM TECHNOLOGY, and Amkor Technology. Otello Corporation ASA develops, produces, and sells software and associated services in the areas of mobile advertising... More
Otello ASA 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 Otello ASA'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 Otello ASA upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.3 | |||
| Information Ratio | 0.2551 | |||
| Maximum Drawdown | 9.95 | |||
| Value At Risk | (2.60) | |||
| Potential Upside | 4.08 |
Otello ASA Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Otello ASA's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Otello ASA's standard deviation. In reality, there are many statistical measures that can use Otello ASA historical prices to predict the future Otello ASA's volatility.| Risk Adjusted Performance | 0.3095 | |||
| Jensen Alpha | 0.6197 | |||
| Total Risk Alpha | 0.3602 | |||
| Sortino Ratio | 0.2208 | |||
| Treynor Ratio | 4.27 |
Otello ASA Backtested Returns
Otello ASA appears to be very risky, given 3 months investment horizon. Otello ASA maintains Sharpe Ratio (i.e., Efficiency) of 0.32, which implies the firm had a 0.32 % return per unit of risk over the last 3 months. By analyzing Otello ASA's technical indicators, you can evaluate if the expected return of 0.65% is justified by implied risk. Please evaluate Otello ASA's Semi Deviation of 1.14, risk adjusted performance of 0.3095, and Coefficient Of Variation of 307.03 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Otello ASA holds a performance score of 25. The company holds a Beta of 0.15, which implies not very significant fluctuations relative to the market. As returns on the market increase, Otello ASA's returns are expected to increase less than the market. However, during the bear market, the loss of holding Otello ASA is expected to be smaller as well. Please check Otello ASA's information ratio, total risk alpha, and the relationship between the coefficient of variation and jensen alpha , to make a quick decision on whether Otello ASA's historical price patterns will revert.
Auto-correlation | 0.73 |
Good predictability
Otello ASA has good predictability. Overlapping area represents the amount of predictability between Otello ASA 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 Otello ASA price movement. The serial correlation of 0.73 indicates that around 73.0% of current Otello ASA price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.73 | |
| Spearman Rank Test | 0.74 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Otello ASA lagged returns against current returns
Autocorrelation, which is Otello ASA 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 Otello ASA's stock expected returns. We can calculate the autocorrelation of Otello ASA returns to help us make a trade decision. For example, suppose you find that Otello ASA 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 |
Otello ASA 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 Otello ASA stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Otello ASA stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Otello ASA stock over time.
Current vs Lagged Prices |
| Timeline |
Otello ASA Lagged Returns
When evaluating Otello ASA's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Otello ASA stock have on its future price. Otello ASA 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, Otello ASA autocorrelation shows the relationship between Otello ASA stock current value and its past values and can show if there is a momentum factor associated with investing in Otello ASA.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Otello Stock
Otello ASA financial ratios help investors to determine whether Otello 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 Otello with respect to the benefits of owning Otello ASA security.