Organto Foods Correlations

OGOFF Stock

USD 0.08 0 2.28%

The current 90-days correlation between Organto Foods and Calavo Growers is -0.16 (i.e., Good diversification). The correlation of Organto Foods 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 correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.

Organto Foods Correlation With Market

Average diversification

The correlation between Organto Foods and DJI is 0.12 (i.e., Average diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Organto Foods and DJI in the same portfolio, assuming nothing else is changed.

The ability to find closely correlated positions to Organto Foods could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Organto Foods 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 Organto Foods - 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 Organto Foods to buy it.

Moving together with Organto Pink Sheet

0.73	JRONY	Jeronimo Martins SGPS	Pair Corr
0.71	CSGS	CSG Systems International	Pair Corr
0.71	009158AZ9	AIR PRODUCTS AND	Pair Corr
0.76	SNY	Sanofi ADR	Pair Corr
0.77	LIN	Linde plc Ordinary	Pair Corr
0.69	USAU	US Gold Corp Trending	Pair Corr
0.68	LU	Lufax Holding Downward Rally	Pair Corr
0.62	CNL	Collective Mining	Pair Corr
0.67	MCK	McKesson	Pair Corr

Moving against Organto Pink Sheet

0.46	ZJYL	JIN MEDICAL INTERNATIONAL	Pair Corr
0.43	CNCK	Coincheck Group NV	Pair Corr
0.37	PFGC	Performance Food	Pair Corr
0.35	EPM	Evolution Petroleum	Pair Corr
0.55	ISDR	ISDR Old Symbol Change	Pair Corr

Related Correlations Analysis

	CVGW	SPTN	ANDE	CHEF	HFFG	AVO	DIT	PFGC	USFD
CVGW		-0.27	0.02	-0.32	0.64	0.56	-0.02	0.15	-0.1	CVGW
SPTN	-0.27		0.17	0.59	-0.41	-0.45	0.32	-0.52	-0.16	SPTN
ANDE	0.02	0.17		0.33	-0.1	-0.28	-0.03	-0.13	-0.09	ANDE
CHEF	-0.32	0.59	0.33		-0.62	-0.27	0.2	0.05	0.54	CHEF
HFFG	0.64	-0.41	-0.1	-0.62		0.53	-0.05	0.43	-0.35	HFFG
AVO	0.56	-0.45	-0.28	-0.27	0.53		0.22	0.44	0.07	AVO
DIT	-0.02	0.32	-0.03	0.2	-0.05	0.22		-0.08	-0.05	DIT
PFGC	0.15	-0.52	-0.13	0.05	0.43	0.44	-0.08		0.49	PFGC
USFD	-0.1	-0.16	-0.09	0.54	-0.35	0.07	-0.05	0.49		USFD
	CVGW	SPTN	ANDE	CHEF	HFFG	AVO	DIT	PFGC	USFD

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Correlation Matchups

Over a given time period, the two securities move together when the Correlation Coefficient is positive. Conversely, the two assets move in opposite directions when the Correlation Coefficient is negative. Determining your positions' relationship to each other is valuable for analyzing and projecting your portfolio's future expected return and risk.

High positive correlations

HFFG	+ 0.64	CVGW
CHEF	+ 0.59	SPTN
AVO	+ 0.56	CVGW
USFD	+ 0.54	CHEF
AVO	+ 0.53	HFFG
USFD	+ 0.49	PFGC

High negative correlations

HFFG	- 0.62	CHEF
PFGC	- 0.52	SPTN
AVO	- 0.45	SPTN
HFFG	- 0.41	SPTN
USFD	- 0.35	HFFG
CHEF	- 0.32	CVGW

Risk-Adjusted Indicators

There is a big difference between Organto Pink Sheet performing well and Organto Foods Company doing well as a business compared to the competition. There are so many exceptions to the norm that investors cannot definitively determine what's good or bad unless they analyze Organto Foods' multiple risk-adjusted performance indicators across the competitive landscape. These indicators are quantitative in nature and help investors forecast volatility and risk-adjusted expected returns across various positions.

	Mean Deviation	Jensen Alpha	Sortino Ratio	Treynor Ratio	Semi Deviation	Expected Shortfall	Potential Upside	Value @Risk	Maximum Drawdown
CVGW	1.88	0.01	0.00	(0.04)	0.00	0.00	4.15	(4.36)	12.71
SPTN	1.31	0.17	0.13	0.44	1.56	(1.31)	2.12	(2.63)	14.21
ANDE	1.66	0.17	0.12	(4.01)	1.78	(1.88)	3.13	(2.85)	20.70
CHEF	1.49	0.13	0.09	(0.89)	2.10	(1.58)	2.85	(3.09)	16.12
HFFG	3.40	0.18	0.02	0.01	3.29	(5.12)	10.91	(5.95)	24.39
AVO	1.79	(0.31)	0.00	(0.43)	0.00	0.00	2.81	(4.34)	30.50
DIT	3.00	(0.14)	0.00	(0.52)	0.00	0.00	7.08	(5.88)	23.72
PFGC	1.22	(0.15)	0.00	(0.22)	0.00	0.00	2.19	(3.17)	6.86
USFD	1.12	(0.16)	0.00	0.78	0.00	0.00	1.77	(2.60)	5.44

Be your own money manager

Our tools can tell you how much better you can do entering a position in Organto Foods without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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Organto Foods Corporate Management

Cristian Marin	Head - Greenhouse Operations	Profile
Rients Wal	COO CoCEO	Profile
Ralf Langner	CFO Sec	Profile
Robert Giustra	Advisor	Profile
Richard BA	Capital Fin	Profile
Steven CGA	CoCEO Chairman	Profile

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