Organoclick (Sweden) Market Value
| ORGC Stock | SEK 2.65 0.04 1.53% |
| Symbol | Organoclick |
Organoclick '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 Organoclick'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 Organoclick.
| 10/30/2024 |
| 11/29/2024 |
If you would invest 0.00 in Organoclick on October 30, 2024 and sell it all today you would earn a total of 0.00 from holding Organoclick AB or generate 0.0% return on investment in Organoclick over 30 days. Organoclick is related to or competes with SaltX Technology, Nexam Chemical, AAC Clyde, and Triboron International. OrganoClick AB develops, produces, and markets functional materials in Sweden More
Organoclick 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 Organoclick'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 Organoclick AB upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.09) | |||
| Maximum Drawdown | 18.4 | |||
| Value At Risk | (4.01) | |||
| Potential Upside | 4.08 |
Organoclick Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Organoclick's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Organoclick's standard deviation. In reality, there are many statistical measures that can use Organoclick historical prices to predict the future Organoclick's volatility.| Risk Adjusted Performance | (0.03) | |||
| Jensen Alpha | (0.15) | |||
| Total Risk Alpha | (0.54) | |||
| Treynor Ratio | (1.05) |
Organoclick AB Backtested Returns
Organoclick AB maintains Sharpe Ratio (i.e., Efficiency) of -0.0697, which implies the firm had a -0.0697% return per unit of risk over the last 3 months. Organoclick AB exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Organoclick's Risk Adjusted Performance of (0.03), variance of 7.41, and Coefficient Of Variation of (2,241) to confirm the risk estimate we provide. The company holds a Beta of 0.13, which implies not very significant fluctuations relative to the market. As returns on the market increase, Organoclick's returns are expected to increase less than the market. However, during the bear market, the loss of holding Organoclick is expected to be smaller as well. At this point, Organoclick AB has a negative expected return of -0.19%. Please make sure to check Organoclick's information ratio, total risk alpha, maximum drawdown, as well as the relationship between the jensen alpha and treynor ratio , to decide if Organoclick AB performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.32 |
Below average predictability
Organoclick AB has below average predictability. Overlapping area represents the amount of predictability between Organoclick time series from 30th of October 2024 to 14th of November 2024 and 14th of November 2024 to 29th 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 Organoclick AB price movement. The serial correlation of 0.32 indicates that nearly 32.0% of current Organoclick price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.32 | |
| Spearman Rank Test | 0.04 | |
| Residual Average | 0.0 | |
| Price Variance | 0.01 |
Organoclick AB lagged returns against current returns
Autocorrelation, which is Organoclick 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 Organoclick's stock expected returns. We can calculate the autocorrelation of Organoclick returns to help us make a trade decision. For example, suppose you find that Organoclick 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 |
Organoclick 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 Organoclick stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Organoclick stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Organoclick stock over time.
Current vs Lagged Prices |
| Timeline |
Organoclick Lagged Returns
When evaluating Organoclick's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Organoclick stock have on its future price. Organoclick 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, Organoclick autocorrelation shows the relationship between Organoclick stock current value and its past values and can show if there is a momentum factor associated with investing in Organoclick AB.
Regressed Prices |
| Timeline |
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Additional Tools for Organoclick Stock Analysis
When running Organoclick's price analysis, check to measure Organoclick's 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 Organoclick is operating at the current time. Most of Organoclick's value examination focuses on studying past and present price action to predict the probability of Organoclick's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Organoclick's price. Additionally, you may evaluate how the addition of Organoclick to your portfolios can decrease your overall portfolio volatility.