Ollies Stock Market Value

OLLI
 Stock
  

USD 51.60  0.13  0.25%   

Ollies Bargain's market value is the price at which a share of Ollies Bargain stock trades on a public exchange. It measures the collective expectations of Ollies Bargain CS investors about the entity's future performance. With this module, you can estimate the performance of a buy and hold strategy of Ollies Bargain CS and determine expected loss or profit from investing in Ollies Bargain over a given investment horizon. Please check Ollies Bargain Correlation, Ollies Bargain Volatility and Ollies Bargain Alpha and Beta module to complement your research on Ollies Bargain.
Symbol


Is Ollies Bargain'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 Ollies Bargain. If investors know Ollies 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 Ollies Bargain 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 Ollies Bargain CS is measured differently than its book value, which is the value of Ollies that is recorded on the company's balance sheet. Investors also form their own opinion of Ollies Bargain's value that differs from its market value or its book value, called intrinsic value, which is Ollies Bargain'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 Ollies Bargain's market value can be influenced by many factors that don't directly affect Ollies Bargain'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 Ollies Bargain's value and its price as these two are different measures arrived at by different means. Investors typically determine Ollies Bargain value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Ollies Bargain'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.

Ollies Bargain '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 Ollies Bargain'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 Ollies Bargain.
0.00
09/01/2022
No Change 0.00  0.0 
In 31 days
10/01/2022
0.00
If you would invest  0.00  in Ollies Bargain on September 1, 2022 and sell it all today you would earn a total of 0.00 from holding Ollies Bargain CS or generate 0.0% return on investment in Ollies Bargain over 30 days. Ollies Bargain is related to or competes with Amazon. Ollies Bargain Outlet Holdings, Inc. operates as a retailer of brand name merchandise More

Ollies Bargain 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 Ollies Bargain'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 Ollies Bargain CS upside and downside potential and time the market with a certain degree of confidence.

Ollies Bargain Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Ollies Bargain's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Ollies Bargain's standard deviation. In reality, there are many statistical measures that can use Ollies Bargain historical prices to predict the future Ollies Bargain's volatility.
Sophisticated investors, who have witnessed many market ups and downs, frequently view the market will even out over time. This tendency of Ollies Bargain'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. Please use the tools below to analyze the current value of Ollies Bargain in the context of predictive analytics.
Hype
Prediction
LowEstimated ValueHigh
48.7651.6054.44
Details
Intrinsic
Valuation
LowReal ValueHigh
46.4457.0959.93
Details
Naive
Forecast
LowNext ValueHigh
48.3451.1854.03
Details
15 Analysts
Consensus
LowTarget PriceHigh
40.0066.2098.00
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Ollies Bargain. Your research has to be compared to or analyzed against Ollies Bargain's peers to derive any actionable benefits. When done correctly, Ollies Bargain's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy towards taking a position in Ollies Bargain CS.

Ollies Bargain CS Backtested Returns

Ollies Bargain CS maintains Sharpe Ratio (i.e., Efficiency) of -0.12, which implies the firm had -0.12% of return per unit of risk over the last 3 months. Macroaxis standpoint towards forecasting the risk of any stock is to look at both systematic and unsystematic factors of the business, including all available market data and technical indicators. Ollies Bargain CS exposes twenty-eight different technical indicators, which can help you to evaluate volatility that cannot be diversified away. Please be advised to check Ollies Bargain CS risk adjusted performance of (0.06), and Coefficient Of Variation of (1,603) to confirm the risk estimate we provide.
The company holds a Beta of 1.3735, which implies a somewhat significant risk relative to the market. Let's try to break down what Ollies's beta means in this case. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Ollies Bargain will likely underperform. Even though it is essential to pay attention to Ollies Bargain CS current trending patterns, it is always good to be careful when utilizing equity existing price patterns. Our philosophy towards forecasting any stock's future performance is to check both, its past performance charts as well as the business as a whole, including all available technical indicators. Ollies Bargain CS exposes twenty-eight different technical indicators, which can help you to evaluate its performance. Ollies Bargain CS has an expected return of -0.35%. Please be advised to check Ollies Bargain CS sortino ratio, skewness, price action indicator, as well as the relationship between the potential upside and rate of daily change to decide if Ollies Bargain CS performance from the past will be repeated at some point in the near future.

Auto-correlation

    
  -0.03  

Very weak reverse predictability

Ollies Bargain CS has very weak reverse predictability. Overlapping area represents the amount of predictability between Ollies Bargain time series from 1st of September 2022 to 16th of September 2022 and 16th of September 2022 to 1st of October 2022. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Ollies Bargain CS price movement. The serial correlation of -0.03 indicates that only 3.0% of current Ollies Bargain price fluctuation can be explain by its past prices.
Correlation Coefficient-0.03
Spearman Rank Test-0.46
Residual Average0.0
Price Variance6.14

Ollies Bargain CS lagged returns against current returns

Autocorrelation, which is Ollies Bargain 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 Ollies Bargain's stock expected returns. We can calculate the autocorrelation of Ollies Bargain returns to help us make a trade decision. For example, suppose you find that Ollies Bargain stock 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 stock movement to match the lagging time series.
   Current and Lagged Values   
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       Timeline  

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

Ollies Bargain Lagged Returns

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

Be your own money manager

Our tools can tell you how much better you can do entering a position in Ollies Bargain without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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Please check Ollies Bargain Correlation, Ollies Bargain Volatility and Ollies Bargain Alpha and Beta module to complement your research on Ollies Bargain. You can also try ETF Directory module to find actively traded Exchange Traded Funds (ETF) from around the world.

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When running Ollies Bargain CS price analysis, check to measure Ollies Bargain'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 Ollies Bargain is operating at the current time. Most of Ollies Bargain's value examination focuses on studying past and present price action to predict the probability of Ollies Bargain's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Ollies Bargain's price. Additionally, you may evaluate how the addition of Ollies Bargain to your portfolios can decrease your overall portfolio volatility.
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Ollies Bargain 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.
A focus of Ollies Bargain technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Ollies Bargain trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...