Onion Stock Volatility

OG
 Stock
  

USD 0.22  0.01  4.76%   

Onion Global maintains Sharpe Ratio (i.e., Efficiency) of -0.19, which implies the firm had -0.19% of return per unit of risk over the last 3 months. Macroaxis standpoint towards forecasting the risk of any stock is to look at both systematic and unsystematic factors of the business, including all available market data and technical indicators. Onion Global exposes twenty-one different technical indicators, which can help you to evaluate volatility that cannot be diversified away. Please be advised to check Onion Global coefficient of variation of (517.74), and Risk Adjusted Performance of (0.28) to confirm the risk estimate we provide.
  
Onion Global Stock volatility depicts how high the prices fluctuate around the mean (or its average) price. In other words, it is a statistical measure of the distribution of Onion daily returns, and it is calculated using variance and standard deviation. We also use Onion's beta, its sensitivity to the market, as well as its odds of financial distress to provide a more practical estimation of Onion Global volatility.

30 Days Market Risk

Out of control

Chance of Distress

30 Days Economic Sensitivity

Slowly supersedes the market
Since volatility provides investors with entry points to take advantage of stock prices, companies, such as Onion Global can benefit from it. Downward market volatility can be a perfect environment for investors who play the long game. Here, they may decide to buy additional stocks of Onion Global at lower prices. For example, an investor can purchase Onion stock that has halved in price over a short period. This will lower your average cost per share, thereby improving your portfolio's performance when the markets normalize. Similarly, when the prices of Onion Global's stock rises, investors can sell out and invest the proceeds in other equities with better opportunities. Investing when markets are volatile with better valuations will accord both investors and companies the opportunity to generate better long-term returns.

Moving together with Onion Global

+0.92ESTCElastic NVPairCorr

Moving against Onion Global

-0.85ADEAADEIA CORPPairCorr
-0.76CWCurtiss-WrightPairCorr
-0.7SAPSAP SE ADRPairCorr
-0.69SAPGFSAP SEPairCorr
-0.68IEXIDEXPairCorr
-0.58AMEAmetek IncPairCorr
-0.57AZPNAspen TechnologyPairCorr

Onion Global Market Sensitivity And Downside Risk

Onion Global's beta coefficient measures the volatility of Onion stock compared to the systematic risk of the entire stock market represented by your selected benchmark. In mathematical terms, beta represents the slope of the line through a regression of data points where each of these points represents Onion stock's returns against your selected market. In other words, Onion Global's beta of 0.44 provides an investor with an approximation of how much risk Onion Global stock can potentially add to one of your existing portfolios.
Onion Global is displaying above-average volatility over the selected time horizon. Investors should scrutinize Onion Global independently to ensure intended market timing strategies are aligned with expectations about Onion Global volatility. Onion Global is a potential penny stock. Although Onion Global may be in fact a good instrument to invest, many penny stocks are speculative in nature and are subject to artificial price hype. Please make sure you totally understand the upside potential and downside risk of investing in Onion Global. We encourage investors to look for signals such as email spams, message board hypes, claims of breakthroughs, volume upswings, sudden news releases, promotions that are not reported, or demotions released before SEC filings. Please also check biographies and work history of current and past company officers before investing in high volatility instruments, penny stocks, or equities with microcap classification. You can indeed make money on Onion instrument if you perfectly time your entry and exit. However, remember that penny stocks that have been the subject of artificial hype usually unable to maintain their increased share price for more than just a few days. The price of a promoted high volatility instrument will almost always revert back. The only way to increase shareholder value is through legitimate performance backed up by solid fundamentals.
3 Months Beta |Analyze Onion Global Demand Trend
Check current 90 days Onion Global correlation with market (NYSE Composite)

Onion Beta

    
  0.44  
Onion standard deviation measures the daily dispersion of prices over your selected time horizon relative to its mean. Typical volatile equity has a high standard deviation, while the deviation of a stable instrument is usually low. As a downside, the standard deviation calculates all uncertainty as risk, even when it is in your favor, such as above-average returns.

Standard Deviation

    
  6.06  
It is essential to understand the difference between upside risk (as represented by Onion Global's standard deviation) and the downside risk, which can be measured by semi-deviation or downside deviation of Onion Global's daily returns or price. Since the actual investment returns on holding a position in onion stock tend to have a non-normal distribution, there will be different probabilities for losses than for gains. The likelihood of losses is reflected in the downside risk of an investment in Onion Global.

Onion Global Stock Volatility Analysis

Volatility refers to the frequency at which Onion Global stock price increases or decreases within a specified period. These fluctuations usually indicate the level of risk that's associated with Onion Global's price changes. Investors will then calculate the volatility of Onion Global's stock to predict their future moves. A stock that has erratic price changes quickly hits new highs, and lows are considered highly volatile. A stock with relatively stable price changes has low volatility. A highly volatile stock is riskier, but the risk cuts both ways. Investing in highly volatile security can either be highly successful, or you may experience significant failure. There are two main types of Onion Global's volatility:

Historical Volatility

This type of stock volatility measures Onion Global's fluctuations based on previous trends. It's commonly used to predict Onion Global's future behavior based on its past. However, it cannot conclusively determine the future direction of the stock.

Implied Volatility

This type of volatility provides a positive outlook on future price fluctuations for Onion Global's current market price. This means that the stock will return to its initially predicted market price. This type of volatility can be derived from derivative instruments written on Onion Global's to be redeemed at a future date.
Transformation
The output start index for this execution was zero with a total number of output elements of sixty-one. Developed by Larry Williams, the Weighted Close is the average of Onion Global high, low and close of a chart with the close values weighted twice. It can be used to smooth an indicator that normally takes only Onion Global closing price as input.
.

Onion Global Projected Return Density Against Market

Allowing for the 90-day total investment horizon Onion Global has a beta of 0.4382 . This indicates as returns on the market go up, Onion Global average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Onion Global will be expected to be much smaller as well.
Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Onion Global or Technology sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Onion Global's price will be affected by overall stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a Onion stock's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
The company has a negative alpha, implying that the risk taken by holding this instrument is not justified. Onion Global is significantly underperforming NYSE Composite.
   Predicted Return Density   
       Returns  
Onion Global's volatility is measured either by using standard deviation or beta. Standard deviation will reflect the average amount of how onion stock's price will differ from the mean after some time.To get its calculation, you should first determine the mean price during the specified period then subtract that from each price point.

What Drives an Onion Global Price Volatility?

Several factors can influence a Stock's stock volatility:

Industry

Specific events can influence volatility within a particular industry. For instance, a significant weather upheaval in a crucial oil-production site may cause oil prices to increase in the oil sector. The direct result will be the rise in the stock price of oil distribution companies. Similarly, any government regulation in a specific industry could negatively influence stock prices due to increased regulations on compliance that may impact the company's future earnings and growth.

Political and Economic environment

When governments make significant decisions regarding trade agreements, policies, and legislation regarding specific industries, they will influence stock prices. Everything from speeches to elections may influence investors, who can directly influence the stock prices in any particular industry. The prevailing economic situation also plays a significant role in stock prices. When the economy is doing well, investors will have a positive reaction and hence, better stock prices and vice versa.

The Company's Performance

Sometimes volatility will only affect an individual company. For example, a revolutionary product launch or strong earnings report may attract many investors to purchase the company. This positive attention will raise the company's stock price. In contrast, product recalls and data breaches may negatively influence a company's stock prices.

Onion Global Stock Risk Measures

Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Onion Global or Technology sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Onion Global's price will be affected by overall stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a Onion stock's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision. Allowing for the 90-day total investment horizon the coefficient of variation of Onion Global is -524.94. The daily returns are distributed with a variance of 36.67 and standard deviation of 6.06. The mean deviation of Onion Global is currently at 4.68. For similar time horizon, the selected benchmark (NYSE Composite) has volatility of 1.48
α
Alpha over NYSE Composite
-1.22
β
Beta against NYSE Composite0.44
σ
Overall volatility
6.06
Ir
Information ratio -0.21

Onion Global Stock Return Volatility

Onion Global historical daily return volatility represents how much of Onion Global stock's daily returns swing around its mean - it is a statistical measure of its dispersion of returns. The firm accepts 6.0558% volatility on return distribution over the 90 days horizon. By contrast, NYSE Composite accepts 1.4941% volatility on return distribution over the 90 days horizon.
 Performance (%) 
       Timeline  

About Onion Global Volatility

Volatility is a rate at which the price of Onion Global or any other equity instrument increases or decreases for a given set of returns. It is measured by calculating the standard deviation of the annualized returns over a given period of time and shows the range to which the price of Onion Global may increase or decrease. In other words, similar to Onion's beta indicator, it measures the risk of Onion Global and helps estimate the fluctuations that may happen in a short period of time. So if prices of Onion Global fluctuate rapidly in a short time span, it is termed to have high volatility, and if it swings slowly in a more extended period, it is understood to have low volatility.
Please read more on our technical analysis page.
Onion Global Limited operates a platform that incubates, markets, and distributes fashionable and future brands in China and internationally. The company was incorporated in 2009 and is based in Guangzhou, the Peoples Republic of China. Onion Global is traded on New York Stock Exchange in the United States.

Onion Global Investment Opportunity

Onion Global has a volatility of 6.06 and is 4.07 times more volatile than NYSE Composite. 52  of all equities and portfolios are less risky than Onion Global. Compared to the overall equity markets, volatility of historical daily returns of Onion Global is higher than 52 () of all global equities and portfolios over the last 90 days. Use Onion Global to enhance the returns of your portfolios. Benchmarks are essential to demonstrate the utility of optimization algorithms. The stock experiences a very speculative upward sentiment. Check odds of Onion Global to be traded at $0.275 in 90 days.

Average diversification

The correlation between Onion Global Ltd and NYA is 0.11 (i.e., Average diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Onion Global Ltd and NYA in the same portfolio, assuming nothing else is changed.

Onion Global Additional Risk Indicators

The analysis of Onion Global's secondary risk indicators is one of the essential steps in making a buy or sell decision. The process involves identifying the amount of risk involved in Onion Global's investment and either accepting that risk or mitigating it. Along with some common measures of Onion Global stock's risk such as standard deviation, beta, or value at risk, we also provide a set of secondary indicators that can assist in the individual investment decision or help in hedging the risk of your existing portfolios.
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential stocks, we recommend comparing similar stocks with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.

Onion Global Suggested Diversification Pairs

Pair trading is one of the very effective strategies used by professional day traders and hedge funds capitalizing on short-time and mid-term market inefficiencies. The approach is based on the fact that the ratio of prices of two correlating shares is long-term stable and oscillates around the average value. If the correlation ratio comes outside the common area, you can speculate with a high success rate that the ratio will return to the mean value and collect a profit.
The effect of pair diversification on risk is to reduce it, but we should note this doesn't apply to all risk types. When we trade pairs against Onion Global as a counterpart, there is always some inherent risk that will never be diversified away no matter what. This volatility limits the effect of tactical diversification using pair trading. Onion Global's systematic risk is the inherent uncertainty of the entire market, and therefore cannot be mitigated even by pair-trading it against the equity that is not highly correlated to it. On the other hand, Onion Global's unsystematic risk describes the types of risk that we can protect against, at least to some degree, by selecting a matching pair that is not perfectly correlated to Onion Global.
Please check Your Equity Center. Note that the Onion Global information on this page should be used as a complementary analysis to other Onion Global's 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 Price Transformation module to use Price Transformation models to analyze depth of different equity instruments across global markets.

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When running Onion Global price analysis, check to measure Onion Global'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 Onion Global is operating at the current time. Most of Onion Global's value examination focuses on studying past and present price action to predict the probability of Onion Global's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Onion Global's price. Additionally, you may evaluate how the addition of Onion Global to your portfolios can decrease your overall portfolio volatility.
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Is Onion Global's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Onion Global. If investors know Onion will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Onion Global listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth YOY
(0.99) 
Market Capitalization
22.6 M
Quarterly Revenue Growth YOY
(0.46) 
Return On Assets
(0.19) 
Return On Equity
(0.49) 
The market value of Onion Global is measured differently than its book value, which is the value of Onion that is recorded on the company's balance sheet. Investors also form their own opinion of Onion Global's value that differs from its market value or its book value, called intrinsic value, which is Onion Global's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Onion Global's market value can be influenced by many factors that don't directly affect Onion Global's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Onion Global's value and its price as these two are different measures arrived at by different means. Investors typically determine Onion Global value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Onion Global's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.