OE Solutions (Korea) Market Value
| 138080 Stock | KRW 12,450 250.00 2.05% |
| 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.
| 02/16/2024 |
| 04/16/2024 |
If you would invest 0.00 in OE Solutions on February 16, 2024 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 60 days. OE Solutions is related to or competes with Samsung Electronics, LG Energy, Samsung Biologics, LG Chem, LG Chemicals, Hyundai, and Hyundai. 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.
| Information Ratio | (0.04) | |||
| Maximum Drawdown | 17.82 | |||
| Value At Risk | (2.96) | |||
| Potential Upside | 4.13 |
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 | (0.01) | |||
| Jensen Alpha | (0.07) | |||
| Total Risk Alpha | (0.29) | |||
| Treynor Ratio | (0.36) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of OE Solutions' price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
OE Solutions Backtested Returns
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. OE Solutions exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check OE Solutions' market risk adjusted performance of (0.35), and Information Ratio of (0.04) to confirm the risk estimate we provide. The company owns a Beta (Systematic Risk) of 0.18, 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. OE Solutions has an expected return of -0.36%. Please make sure to check OE Solutions Co coefficient of variation, jensen alpha, and the relationship between the mean deviation and standard deviation , to decide if OE Solutions performance from the past will be repeated sooner or later.
Auto-correlation | 0.88 |
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 2024 to 17th of March 2024 and 17th of March 2024 to 16th of April 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 OE Solutions price movement. The serial correlation of 0.88 indicates that approximately 88.0% of current OE Solutions price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.88 | |
| Spearman Rank Test | 0.59 | |
| Residual Average | 0.0 | |
| Price Variance | 252.4 K |
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 |
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards OE Solutions in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, OE Solutions' short interest history, or implied volatility extrapolated from OE Solutions options trading.
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Check out OE Solutions Correlation, OE Solutions Volatility and OE Solutions Alpha and Beta module to complement your research on OE Solutions. Note that the OE Solutions information on this page should be used as a complementary analysis to other OE Solutions' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Stock Tickers module to use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites.
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When running OE Solutions' price analysis, check to measure OE Solutions' 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 OE Solutions is operating at the current time. Most of OE Solutions' value examination focuses on studying past and present price action to predict the probability of OE Solutions' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move OE Solutions' price. Additionally, you may evaluate how the addition of OE Solutions to your portfolios can decrease your overall portfolio volatility.
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OE Solutions technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.