Organic Tea (Korea) Market Value
| 900300 Stock | 498.00 3.00 0.60% |
| Symbol | Organic |
Please note, there is a significant difference between Organic Tea's value and its price as these two are different measures arrived at by different means. Investors typically determine if Organic Tea is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Organic Tea'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 Tea '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 Tea'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 Tea.
| 01/05/2023 |
| 12/25/2024 |
If you would invest 0.00 in Organic Tea on January 5, 2023 and sell it all today you would earn a total of 0.00 from holding Organic Tea Cosmetics or generate 0.0% return on investment in Organic Tea over 720 days. Organic Tea is related to or competes with Samsung Electronics, Samsung Electronics, LG Energy, SK Hynix, Samsung Biologics, LG Chem, and LG Chemicals. More
Organic Tea 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 Tea'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 Tea Cosmetics upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 5.21 | |||
| Information Ratio | 0.1159 | |||
| Maximum Drawdown | 911.02 | |||
| Value At Risk | (9.00) | |||
| Potential Upside | 8.43 |
Organic Tea Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Organic Tea's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Organic Tea's standard deviation. In reality, there are many statistical measures that can use Organic Tea historical prices to predict the future Organic Tea's volatility.| Risk Adjusted Performance | 0.1029 | |||
| Jensen Alpha | 12.19 | |||
| Total Risk Alpha | 8.07 | |||
| Sortino Ratio | 2.47 | |||
| Treynor Ratio | 0.6365 |
Organic Tea Cosmetics Backtested Returns
Organic Tea is out of control given 3 months investment horizon. Organic Tea Cosmetics maintains Sharpe Ratio (i.e., Efficiency) of 0.12, which implies the firm had a 0.12% return per unit of risk over the last 3 months. We were able to interpolate twenty-eight different technical indicators, which can help you to evaluate if expected returns of 13.81% are justified by taking the suggested risk. Use Organic Tea Risk Adjusted Performance of 0.1029, coefficient of variation of 859.9, and Semi Deviation of 2.02 to evaluate company specific risk that cannot be diversified away. Organic Tea holds a performance score of 9 on a scale of zero to a hundred. The company holds a Beta of 20.26, which implies a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Organic Tea will likely underperform. Use Organic Tea downside deviation, information ratio, and the relationship between the semi deviation and coefficient of variation , to analyze future returns on Organic Tea.
Auto-correlation | -0.37 |
Poor reverse predictability
Organic Tea Cosmetics has poor reverse predictability. Overlapping area represents the amount of predictability between Organic Tea time series from 5th of January 2023 to 31st of December 2023 and 31st of December 2023 to 25th 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 Tea Cosmetics price movement. The serial correlation of -0.37 indicates that just about 37.0% of current Organic Tea price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.37 | |
| Spearman Rank Test | 0.05 | |
| Residual Average | 0.0 | |
| Price Variance | 21 K |
Organic Tea Cosmetics lagged returns against current returns
Autocorrelation, which is Organic Tea 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 Tea's stock expected returns. We can calculate the autocorrelation of Organic Tea returns to help us make a trade decision. For example, suppose you find that Organic Tea 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 Tea 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 Tea stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Organic Tea stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Organic Tea stock over time.
Current vs Lagged Prices |
| Timeline |
Organic Tea Lagged Returns
When evaluating Organic Tea's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Organic Tea stock have on its future price. Organic Tea 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 Tea autocorrelation shows the relationship between Organic Tea stock current value and its past values and can show if there is a momentum factor associated with investing in Organic Tea Cosmetics.
Regressed Prices |
| Timeline |
Pair Trading with Organic Tea
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 Tea 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 Tea will appreciate offsetting losses from the drop in the long position's value.Moving against Organic Stock
| 0.74 | 053080 | Wonbang Tech | PairCorr |
| 0.72 | 051915 | LG Chem | PairCorr |
| 0.69 | 051910 | LG Chemicals | PairCorr |
| 0.63 | 006400 | Samsung SDI | PairCorr |
| 0.55 | 005935 | Samsung Electronics | PairCorr |
The ability to find closely correlated positions to Organic Tea 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 Tea 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 Tea - 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 Tea Cosmetics to buy it.
The correlation of Organic Tea 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 Tea moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Organic Tea Cosmetics 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 Tea 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 Tea 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 Tea security.