Origin Agritech Correlations

SEED Stock

USD 1.91 0.06 3.24%

The current 90-days correlation between Origin Agritech and Intrepid Potash is 0.04 (i.e., Significant diversification). The correlation of Origin Agritech 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.

Origin Agritech Correlation With Market

Significant diversification

The correlation between Origin Agritech and DJI is 0.09 (i.e., Significant diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Origin Agritech and DJI in the same portfolio, assuming nothing else is changed.

Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Origin Agritech. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income.

For information on how to trade Origin Stock refer to our How to Trade Origin Stock guide.

Moving together with Origin Stock

0.61

LSF

Laird Superfood

Pair Corr

Moving against Origin Stock

0.5	DDC	DDC Enterprise	Pair Corr
0.39	K	Kellanova	Pair Corr
0.37	CCU	Compania Cervecerias	Pair Corr
0.32	BUD	Anheuser Busch Inbev	Pair Corr
0.4	SENEB	Seneca Foods Corp	Pair Corr

Related Correlations Analysis

	SVFD	BHIL	CTVA	SMG	YARIY	AVD	FMC	CF	MOS	UAN
SVFD		0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	SVFD
BHIL	0.0		-0.27	0.69	-0.53	0.11	0.7	0.69	0.03	0.02	BHIL
CTVA	0.0	-0.27		0.1	0.61	0.83	-0.1	0.12	0.73	0.78	CTVA
SMG	0.0	0.69	0.1		-0.18	0.42	0.75	0.8	0.46	0.34	SMG
YARIY	0.0	-0.53	0.61	-0.18		0.32	-0.14	-0.24	0.58	0.42	YARIY
AVD	0.0	0.11	0.83	0.42	0.32		0.11	0.38	0.73	0.7	AVD
FMC	0.0	0.7	-0.1	0.75	-0.14	0.11		0.77	0.3	0.25	FMC
CF	0.0	0.69	0.12	0.8	-0.24	0.38	0.77		0.46	0.52	CF
MOS	0.0	0.03	0.73	0.46	0.58	0.73	0.3	0.46		0.77	MOS
UAN	0.0	0.02	0.78	0.34	0.42	0.7	0.25	0.52	0.77		UAN
	SVFD	BHIL	CTVA	SMG	YARIY	AVD	FMC	CF	MOS	UAN

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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

AVD	+ 0.83	CTVA
CF	+ 0.8	SMG
UAN	+ 0.78	CTVA
CF	+ 0.77	FMC
UAN	+ 0.77	MOS
FMC	+ 0.75	SMG

High negative correlations

YARIY	- 0.53	BHIL
CTVA	- 0.27	BHIL
CF	- 0.24	YARIY
YARIY	- 0.18	SMG
FMC	- 0.14	YARIY
FMC	- 0.1	CTVA

Risk-Adjusted Indicators

There is a big difference between Origin Stock performing well and Origin Agritech 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 Origin Agritech's 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
SVFD	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
BHIL	8.87	(1.16)	0.00	(0.45)	0.00	0.00	19.50	(17.07)	153.37
CTVA	1.13	0.12	0.10	0.09	1.28	(1.32)	2.34	(2.29)	8.81
SMG	1.64	(0.25)	0.00	(0.38)	0.00	0.00	3.45	(3.51)	11.16
YARIY	1.42	0.21	0.12	0.25	1.90	(1.51)	2.74	(2.32)	10.57
AVD	2.76	(0.01)	0.00	(0.08)	0.00	0.00	6.77	(6.27)	15.45
FMC	2.13	(0.24)	0.00	(3.10)	0.00	0.00	3.85	(3.69)	38.47
CF	1.68	(0.16)	0.00	(0.28)	0.00	0.00	2.51	(4.59)	15.08
MOS	1.85	0.19	0.09	0.15	2.08	(2.04)	3.59	(3.58)	12.77
UAN	1.08	0.10	0.08	0.06	1.34	(1.10)	1.97	(1.80)	9.48

Origin Agritech Corporate Management

William Niebur	Strategic Consultant	Profile
Yang Li	Chief Officer	Profile
Huang Xilin	Ex VP	Profile
Jihong Liang	Chief Officer	Profile

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