Olaplex Holdings Stock Market Value
| OLPX Stock | USD 2.02 0.02 1.00% |
| Symbol | Olaplex |
Olaplex Holdings Price To Book Ratio
Is Personal Care Products space 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 Olaplex Holdings. If investors know Olaplex 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 Olaplex Holdings listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.33) | Earnings Share 0.06 | Revenue Per Share 0.656 | Quarterly Revenue Growth (0.04) | Return On Assets 0.032 |
The market value of Olaplex Holdings is measured differently than its book value, which is the value of Olaplex that is recorded on the company's balance sheet. Investors also form their own opinion of Olaplex Holdings' value that differs from its market value or its book value, called intrinsic value, which is Olaplex Holdings' 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 Olaplex Holdings' market value can be influenced by many factors that don't directly affect Olaplex Holdings' 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 Olaplex Holdings' value and its price as these two are different measures arrived at by different means. Investors typically determine if Olaplex Holdings is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Olaplex Holdings' 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.
Olaplex Holdings '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 Olaplex Holdings' 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 Olaplex Holdings.
| 10/23/2024 |
| 11/22/2024 |
If you would invest 0.00 in Olaplex Holdings on October 23, 2024 and sell it all today you would earn a total of 0.00 from holding Olaplex Holdings or generate 0.0% return on investment in Olaplex Holdings over 30 days. Olaplex Holdings is related to or competes with 1 800, National Vision, Leslies, ODP Corp, Sportsmans, Ulta Beauty, and RH. Olaplex Holdings, Inc. manufactures and sells hair care products More
Olaplex Holdings 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 Olaplex Holdings' 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 Olaplex Holdings upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.03) | |||
| Maximum Drawdown | 23.64 | |||
| Value At Risk | (6.52) | |||
| Potential Upside | 6.44 |
Olaplex Holdings Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Olaplex Holdings' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Olaplex Holdings' standard deviation. In reality, there are many statistical measures that can use Olaplex Holdings historical prices to predict the future Olaplex Holdings' volatility.| Risk Adjusted Performance | 8.0E-4 | |||
| Jensen Alpha | (0.15) | |||
| Total Risk Alpha | (0.62) | |||
| Treynor Ratio | (0.05) |
Olaplex Holdings Backtested Returns
Olaplex Holdings maintains Sharpe Ratio (i.e., Efficiency) of -0.0337, which implies the firm had a -0.0337% return per unit of risk over the last 3 months. Olaplex Holdings exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Olaplex Holdings' Variance of 18.94, risk adjusted performance of 8.0E-4, and Coefficient Of Variation of (10,208) to confirm the risk estimate we provide. The company holds a Beta of 0.96, which implies possible diversification benefits within a given portfolio. Olaplex Holdings returns are very sensitive to returns on the market. As the market goes up or down, Olaplex Holdings is expected to follow. At this point, Olaplex Holdings has a negative expected return of -0.14%. Please make sure to check Olaplex Holdings' treynor ratio, as well as the relationship between the accumulation distribution and price action indicator , to decide if Olaplex Holdings performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.7 |
Very good reverse predictability
Olaplex Holdings has very good reverse predictability. Overlapping area represents the amount of predictability between Olaplex Holdings time series from 23rd of October 2024 to 7th of November 2024 and 7th of November 2024 to 22nd of November 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 Olaplex Holdings price movement. The serial correlation of -0.7 indicates that around 70.0% of current Olaplex Holdings price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.7 | |
| Spearman Rank Test | -0.66 | |
| Residual Average | 0.0 | |
| Price Variance | 0.01 |
Olaplex Holdings lagged returns against current returns
Autocorrelation, which is Olaplex Holdings 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 Olaplex Holdings' stock expected returns. We can calculate the autocorrelation of Olaplex Holdings returns to help us make a trade decision. For example, suppose you find that Olaplex Holdings 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 |
Olaplex Holdings 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 Olaplex Holdings stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Olaplex Holdings stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Olaplex Holdings stock over time.
Current vs Lagged Prices |
| Timeline |
Olaplex Holdings Lagged Returns
When evaluating Olaplex Holdings' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Olaplex Holdings stock have on its future price. Olaplex Holdings 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, Olaplex Holdings autocorrelation shows the relationship between Olaplex Holdings stock current value and its past values and can show if there is a momentum factor associated with investing in Olaplex Holdings.
Regressed Prices |
| Timeline |
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Additional Tools for Olaplex Stock Analysis
When running Olaplex Holdings' price analysis, check to measure Olaplex Holdings' 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 Olaplex Holdings is operating at the current time. Most of Olaplex Holdings' value examination focuses on studying past and present price action to predict the probability of Olaplex Holdings' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Olaplex Holdings' price. Additionally, you may evaluate how the addition of Olaplex Holdings to your portfolios can decrease your overall portfolio volatility.