Organic Special (Korea) Market Value
| 368970 Stock | 2,840 75.00 2.57% |
| Symbol | Organic |
Please note, there is a significant difference between Organic Special's value and its price as these two are different measures arrived at by different means. Investors typically determine if Organic Special is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Organic Special'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.
Organic Special '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 Organic Special'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 Organic Special.
| 12/13/2022 |
| 12/02/2024 |
If you would invest 0.00 in Organic Special on December 13, 2022 and sell it all today you would earn a total of 0.00 from holding Organic Special Pet or generate 0.0% return on investment in Organic Special over 720 days. Organic Special is related to or competes with Samsung Electronics, Samsung Electronics, LG Energy, SK Hynix, Samsung Biologics, LG Chem, and LG Chemicals. More
Organic Special 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 Organic Special'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 Organic Special Pet upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.22) | |||
| Maximum Drawdown | 15.72 | |||
| Value At Risk | (2.92) | |||
| Potential Upside | 2.06 |
Organic Special Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Organic Special's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Organic Special's standard deviation. In reality, there are many statistical measures that can use Organic Special historical prices to predict the future Organic Special's volatility.| Risk Adjusted Performance | (0.11) | |||
| Jensen Alpha | (0.33) | |||
| Total Risk Alpha | (0.70) | |||
| Treynor Ratio | 3.05 |
Organic Special Pet Backtested Returns
Organic Special Pet maintains Sharpe Ratio (i.e., Efficiency) of -0.15, which implies the firm had a -0.15% return per unit of risk over the last 3 months. Organic Special Pet exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Organic Special's Risk Adjusted Performance of (0.11), variance of 4.67, and Coefficient Of Variation of (647.97) to confirm the risk estimate we provide. The company holds a Beta of -0.11, which implies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Organic Special are expected to decrease at a much lower rate. During the bear market, Organic Special is likely to outperform the market. At this point, Organic Special Pet has a negative expected return of -0.33%. Please make sure to check Organic Special's coefficient of variation, jensen alpha, and the relationship between the mean deviation and standard deviation , to decide if Organic Special Pet performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.61 |
Good predictability
Organic Special Pet has good predictability. Overlapping area represents the amount of predictability between Organic Special time series from 13th of December 2022 to 8th of December 2023 and 8th of December 2023 to 2nd of December 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Organic Special Pet price movement. The serial correlation of 0.61 indicates that roughly 61.0% of current Organic Special price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.61 | |
| Spearman Rank Test | 0.63 | |
| Residual Average | 0.0 | |
| Price Variance | 792.6 K |
Organic Special Pet lagged returns against current returns
Autocorrelation, which is Organic Special 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 Organic Special's stock expected returns. We can calculate the autocorrelation of Organic Special returns to help us make a trade decision. For example, suppose you find that Organic Special 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 |
Organic Special 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 Organic Special stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Organic Special stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Organic Special stock over time.
Current vs Lagged Prices |
| Timeline |
Organic Special Lagged Returns
When evaluating Organic Special's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Organic Special stock have on its future price. Organic Special 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, Organic Special autocorrelation shows the relationship between Organic Special stock current value and its past values and can show if there is a momentum factor associated with investing in Organic Special Pet.
Regressed Prices |
| Timeline |
Pair Trading with Organic Special
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Organic Special position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Organic Special will appreciate offsetting losses from the drop in the long position's value.Moving together with Organic Stock
Moving against Organic Stock
The ability to find closely correlated positions to Organic Special could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Organic Special when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Organic Special - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Organic Special Pet to buy it.
The correlation of Organic Special is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Organic Special moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Organic Special Pet moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Organic Special can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Other Information on Investing in Organic Stock
Organic Special financial ratios help investors to determine whether Organic 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 Organic with respect to the benefits of owning Organic Special security.