Organic Meat (Pakistan) Market Value
| TOMCL Stock | 36.61 1.19 3.36% |
| Symbol | Organic |
Organic Meat '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 Organic Meat'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 Organic Meat.
| 06/17/2024 |
| 12/14/2024 |
If you would invest 0.00 in Organic Meat on June 17, 2024 and sell it all today you would earn a total of 0.00 from holding The Organic Meat or generate 0.0% return on investment in Organic Meat over 180 days.
Organic Meat 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 Organic Meat'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 The Organic Meat upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.11) | |||
| Maximum Drawdown | 11.64 | |||
| Value At Risk | (4.45) | |||
| Potential Upside | 4.23 |
Organic Meat Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Organic Meat's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Organic Meat's standard deviation. In reality, there are many statistical measures that can use Organic Meat historical prices to predict the future Organic Meat's volatility.| Risk Adjusted Performance | (0.04) | |||
| Jensen Alpha | (0.18) | |||
| Total Risk Alpha | (0.47) | |||
| Treynor Ratio | (1.25) |
Organic Meat Backtested Returns
Organic Meat maintains Sharpe Ratio (i.e., Efficiency) of -0.0552, which implies the firm had a -0.0552% return per unit of risk over the last 3 months. Organic Meat exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Organic Meat's Coefficient Of Variation of (1,547), variance of 5.9, and Market Risk Adjusted Performance of (1.24) 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, Organic Meat's returns are expected to increase less than the market. However, during the bear market, the loss of holding Organic Meat is expected to be smaller as well. At this point, Organic Meat has a negative expected return of -0.14%. Please make sure to check Organic Meat's skewness, and the relationship between the total risk alpha and rate of daily change , to decide if Organic Meat performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.41 |
Modest reverse predictability
The Organic Meat has modest reverse predictability. Overlapping area represents the amount of predictability between Organic Meat time series from 17th of June 2024 to 15th of September 2024 and 15th of September 2024 to 14th of December 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 Organic Meat price movement. The serial correlation of -0.41 indicates that just about 41.0% of current Organic Meat price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.41 | |
| Spearman Rank Test | -0.21 | |
| Residual Average | 0.0 | |
| Price Variance | 5.2 |
Organic Meat lagged returns against current returns
Autocorrelation, which is Organic Meat 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 Organic Meat's stock expected returns. We can calculate the autocorrelation of Organic Meat returns to help us make a trade decision. For example, suppose you find that Organic Meat 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 |
Organic Meat 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 Organic Meat stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Organic Meat stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Organic Meat stock over time.
Current vs Lagged Prices |
| Timeline |
Organic Meat Lagged Returns
When evaluating Organic Meat's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Organic Meat stock have on its future price. Organic Meat 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, Organic Meat autocorrelation shows the relationship between Organic Meat stock current value and its past values and can show if there is a momentum factor associated with investing in The Organic Meat.
Regressed Prices |
| Timeline |
Pair Trading with Organic Meat
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Organic Meat position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Organic Meat will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to Organic Meat could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Organic Meat 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 Organic Meat - 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 The Organic Meat to buy it.
The correlation of Organic Meat 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 perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Organic Meat moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Organic Meat moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Organic Meat can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.