Oliveda OTC Stock Performance

OLVI
 Stock
  

USD 0.07  0.0002  0.29%   

On a scale of 0 to 100, Oliveda International holds a performance score of 4. The company holds a Beta of -0.4699, which implies possible diversification benefits within a given portfolio. Let's try to break down what Oliveda's beta means in this case. As returns on the market increase, returns on owning Oliveda International are expected to decrease at a much lower rate. During the bear market, Oliveda International is likely to outperform the market. Although it is vital to follow Oliveda International current trending patterns, it is good to be conservative about what you can do with the information regarding equity existing price patterns. The philosophy towards forecasting future performance of any stock is to evaluate the business as a whole together with its past performance, including all available fundamental and technical indicators. We have found twenty-one technical indicators for Oliveda International, which you can use to evaluate the performance of the company. Please employ Oliveda International downside deviation, jensen alpha, as well as the relationship between the Jensen Alpha and downside variance to make a quick decision on whether Oliveda International historical price patterns will revert.
  
Oliveda Performance
4 of 100
Compared to the overall equity markets, risk-adjusted returns on investments in Oliveda International are ranked lower than 4 (%) of all global equities and portfolios over the last 90 days. Despite nearly conflicting basic indicators, Oliveda International reported solid returns over the last few months and may actually be approaching a breakup point. ...more

Oliveda Price Channel

Fifty Two Week Low0.0330
Fifty Two Week High0.1000

Oliveda International Relative Risk vs. Return Landscape

If you would invest  6.15  in Oliveda International on July 3, 2022 and sell it today you would earn a total of  0.63  from holding Oliveda International or generate 10.24% return on investment over 90 days. Oliveda International is currently generating 0.6147% in daily expected returns and assumes 10.6991% risk (volatility on return distribution) over the 90 days horizon. In different words, 92% of otc stocks are less volatile than Oliveda, and 88% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon.
  Daily Expected Return (%)  
       Risk (%)  
Given the investment horizon of 90 days Oliveda International is expected to generate 9.28 times more return on investment than the market. However, the company is 9.28 times more volatile than its market benchmark. It trades about 0.06 of its potential returns per unit of risk. The DOW is currently generating roughly -0.1 per unit of risk.

Oliveda International Market Risk Analysis

Today, many novice investors tend to focus exclusively on investment returns with little concern for Oliveda International's investment risk. Standard deviation is the most common way to measure market volatility of otc stocks, such as Oliveda International, and traders can use it to determine the average amount a Oliveda International's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.

Sharpe Ratio = 0.0575

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Estimated Market Risk
 10.7
  actual daily
 
 92 %
of total potential
 
9292
Expected Return
 0.61
  actual daily
 
 11 %
of total potential
 
1111
Risk-Adjusted Return
 0.06
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 4 %
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44
Based on monthly moving average Oliveda International is performing at about 4% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Oliveda International by adding it to a well-diversified portfolio.

About Oliveda International Performance

To evaluate Oliveda International OTC Stock as a possible investment, you need to clearly understand its upside potential, downside risk, and overall future performance outlook. You may be satisfied when Oliveda International generates a 15% return over the last few months, but what if the market is generating 25% over the same period? In this case, it makes sense to compare Oliveda OTC Stock's performance with different market indexes, such as the Dow or NASDAQ Composite. These indexes can act as benchmarks that will help you to understand Oliveda International market performance in a much more refined way. The Macroaxis performance score is an integer between 0 and 100 that represents Oliveda's market performance from a risk-adjusted return perspective. Generally speaking, the higher the score, the better is overall performance as compared to other investors. The score is normalized against the average investing universe (the best we can interpret from the data available). Within this methodology, scores of individual equity instruments will always be inferior to the scores of portfolios of equities as portfolios typically diversify a lot of unsystematic risks away. The formula to derive the Macroaxis score bases on multiple unequally-weighted factors. For more information, refer to our portfolio performance evaluation section.
Please also refer to our technical analysis and fundamental analysis pages.
Heritage Media Corporation was formerly known as Lignin Industries Inc. Oliveda International operates under Household Personal Products classification in the United States and is traded on OTC Exchange.

Things to note about Oliveda International

Checking the ongoing alerts about Oliveda International for important developments is a great way to find new opportunities for your next move. OTC Stock alerts and notifications screener for Oliveda International help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.

Oliveda International Alerts

Equity Alerts and Improvement Suggestions

Oliveda International is way too risky over 90 days horizon
Oliveda International has some characteristics of a very speculative penny stock
Oliveda International appears to be risky and price may revert if volatility continues
Oliveda International has high likelihood to experience some financial distress in the next 2 years
Please check Your Equity Center. You can also try Crypto Correlations module to use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins.

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