OE Solutions (Korea) Market Value
| 138080 Stock | KRW 13,940 570.00 4.26% |
| Symbol | 138080 |
OE Solutions '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 OE Solutions' 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 OE Solutions.
| 02/16/2023 |
| 02/05/2025 |
If you would invest 0.00 in OE Solutions on February 16, 2023 and sell it all today you would earn a total of 0.00 from holding OE Solutions Co or generate 0.0% return on investment in OE Solutions over 720 days. OE Solutions is related to or competes with Samsung Electronics, Samsung Electronics, Hyundai, Hyundai, Hyundai, SK Holdings, and KB Financial. OE Solutions Co., Ltd. supplies optoelectronic transceiver solutions for broadband wireless and wireline markets More
OE Solutions 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 OE Solutions' 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 OE Solutions Co upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.94 | |||
| Information Ratio | 0.1561 | |||
| Maximum Drawdown | 12.35 | |||
| Value At Risk | (2.34) | |||
| Potential Upside | 4.95 |
OE Solutions Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for OE Solutions' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as OE Solutions' standard deviation. In reality, there are many statistical measures that can use OE Solutions historical prices to predict the future OE Solutions' volatility.| Risk Adjusted Performance | 0.1617 | |||
| Jensen Alpha | 0.4998 | |||
| Total Risk Alpha | 0.2748 | |||
| Sortino Ratio | 0.2235 | |||
| Treynor Ratio | 14.11 |
OE Solutions Backtested Returns
OE Solutions appears to be very steady, given 3 months investment horizon. OE Solutions retains Efficiency (Sharpe Ratio) of 0.18, which implies the firm had a 0.18 % return per unit of price deviation over the last 3 months. By reviewing OE Solutions' technical indicators, you can evaluate if the expected return of 0.54% is justified by implied risk. Please evaluate OE Solutions' standard deviation of 2.78, and Market Risk Adjusted Performance of 14.12 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, OE Solutions holds a performance score of 14. The company owns a Beta (Systematic Risk) of 0.0356, which implies not very significant fluctuations relative to the market. As returns on the market increase, OE Solutions' returns are expected to increase less than the market. However, during the bear market, the loss of holding OE Solutions is expected to be smaller as well. Please check OE Solutions' semi deviation, coefficient of variation, and the relationship between the mean deviation and downside deviation , to make a quick decision on whether OE Solutions' current price history will revert.
Auto-correlation | 0.82 |
Very good predictability
OE Solutions Co has very good predictability. Overlapping area represents the amount of predictability between OE Solutions time series from 16th of February 2023 to 11th of February 2024 and 11th of February 2024 to 5th of February 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 OE Solutions price movement. The serial correlation of 0.82 indicates that around 82.0% of current OE Solutions price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.82 | |
| Spearman Rank Test | 0.59 | |
| Residual Average | 0.0 | |
| Price Variance | 1.9 M |
OE Solutions lagged returns against current returns
Autocorrelation, which is OE Solutions 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 OE Solutions' stock expected returns. We can calculate the autocorrelation of OE Solutions returns to help us make a trade decision. For example, suppose you find that OE Solutions 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 |
OE Solutions 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 OE Solutions stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if OE Solutions stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in OE Solutions stock over time.
Current vs Lagged Prices |
| Timeline |
OE Solutions Lagged Returns
When evaluating OE Solutions' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of OE Solutions stock have on its future price. OE Solutions 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, OE Solutions autocorrelation shows the relationship between OE Solutions stock current value and its past values and can show if there is a momentum factor associated with investing in OE Solutions Co.
Regressed Prices |
| Timeline |
Pair Trading with OE Solutions
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 OE Solutions 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 OE Solutions will appreciate offsetting losses from the drop in the long position's value.Moving against 138080 Stock
The ability to find closely correlated positions to OE Solutions could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace OE Solutions 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 OE Solutions - 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 OE Solutions Co to buy it.
The correlation of OE Solutions 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 OE Solutions moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if OE Solutions 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 OE Solutions 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 138080 Stock
OE Solutions financial ratios help investors to determine whether 138080 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 138080 with respect to the benefits of owning OE Solutions security.