Oriental Times (China) Volatility
| 002175 Stock | 4.10 0.37 9.92% |
Oriental Times is very risky given 3 months investment horizon. Oriental Times Media maintains Sharpe Ratio (i.e., Efficiency) of 0.36, which implies the firm had a 0.36% return per unit of risk over the last 3 months. We were able to interpolate twenty-eight different technical indicators, which can help you to evaluate if expected returns of 1.6% are justified by taking the suggested risk. Use Oriental Times Semi Deviation of 2.96, coefficient of variation of 335.75, and Risk Adjusted Performance of 0.2367 to evaluate company specific risk that cannot be diversified away. Key indicators related to Oriental Times' volatility include:
720 Days Market Risk | Chance Of Distress | 720 Days Economic Sensitivity |
Oriental Times 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 Oriental daily returns, and it is calculated using variance and standard deviation. We also use Oriental's beta, its sensitivity to the market, as well as its odds of financial distress to provide a more practical estimation of Oriental Times volatility.
Oriental |
Since volatility provides investors with entry points to take advantage of stock prices, companies, such as Oriental Times can benefit from it. Downward market volatility can be a perfect environment for investors who play the long game as hey may decide to buy additional stocks of Oriental Times at lower prices to lower their average cost per share. Similarly, when the prices of Oriental Times' stock rise, investors can sell out and invest the proceeds in other equities with better opportunities.
Moving together with Oriental Stock
| 0.69 | 688137 | Suzhou Novoprotein | PairCorr |
| 0.83 | 000678 | Xiangyang Automobile | PairCorr |
| 0.76 | 300364 | COL Digital Publishing | PairCorr |
Oriental Times Market Sensitivity And Downside Risk
Oriental Times' beta coefficient measures the volatility of Oriental stock compared to the systematic risk of the entire 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 Oriental stock's returns against your selected market. In other words, Oriental Times's beta of 0.15 provides an investor with an approximation of how much risk Oriental Times stock can potentially add to one of your existing portfolios. Oriental Times Media shows above-average downside volatility for the selected time horizon. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Oriental Times' stock risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact Oriental Times' stock price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different financial instruments as prices fall.
3 Months Beta |Analyze Oriental Times Media Demand TrendCheck current 90 days Oriental Times correlation with market (Dow Jones Industrial)Oriental Beta |
Oriental standard deviation measures the daily dispersion of prices over your selected time horizon relative to its mean. A typical volatile entity 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 | 4.5 |
It is essential to understand the difference between upside risk (as represented by Oriental Times's standard deviation) and the downside risk, which can be measured by semi-deviation or downside deviation of Oriental Times' daily returns or price. Since the actual investment returns on holding a position in oriental 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 Oriental Times.
Oriental Times Media Stock Volatility Analysis
Volatility refers to the frequency at which Oriental Times stock price increases or decreases within a specified period. These fluctuations usually indicate the level of risk that's associated with Oriental Times' price changes. Investors will then calculate the volatility of Oriental Times' 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 Oriental Times' volatility:
Historical Volatility
This type of stock volatility measures Oriental Times' fluctuations based on previous trends. It's commonly used to predict Oriental Times' 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 Oriental Times' 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 Oriental Times' 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. Oriental Times Media Average Price is the average of the sum of open, high, low and close daily prices of a bar. It can be used to smooth an indicator that normally takes just the closing price as input.
Oriental Times Projected Return Density Against Market
Assuming the 90 days trading horizon Oriental Times has a beta of 0.1539 . This suggests as returns on the market go up, Oriental Times average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Oriental Times Media 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 Oriental Times or Electronic Equipment, Instruments & Components 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 Oriental Times' 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 Oriental 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.
Oriental Times Media has an alpha of 1.2873, implying that it can generate a 1.29 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Predicted Return Density |
| Returns |
What Drives an Oriental Times Price Volatility?
Several factors can influence a stock's market 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.Oriental Times Stock Risk Measures
Assuming the 90 days trading horizon the coefficient of variation of Oriental Times is 280.77. The daily returns are distributed with a variance of 20.21 and standard deviation of 4.5. The mean deviation of Oriental Times Media is currently at 3.43. For similar time horizon, the selected benchmark (Dow Jones Industrial) has volatility of 0.77
α | Alpha over Dow Jones | 1.29 | |
β | Beta against Dow Jones | 0.15 | |
σ | Overall volatility | 4.50 | |
Ir | Information ratio | 0.27 |
Oriental Times Stock Return Volatility
Oriental Times historical daily return volatility represents how much of Oriental Times stock's daily returns swing around its mean - it is a statistical measure of its dispersion of returns. The company accepts 4.4951% volatility on return distribution over the 90 days horizon. By contrast, Dow Jones Industrial accepts 0.7685% volatility on return distribution over the 90 days horizon. Performance |
| Timeline |
About Oriental Times Volatility
Volatility is a rate at which the price of Oriental Times 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 Oriental Times may increase or decrease. In other words, similar to Oriental's beta indicator, it measures the risk of Oriental Times and helps estimate the fluctuations that may happen in a short period of time. So if prices of Oriental Times 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.3 ways to utilize Oriental Times' volatility to invest better
Higher Oriental Times' stock volatility means that the price of its stock is changing rapidly and unpredictably, while lower stock volatility indicates that the price of Oriental Times Media stock is relatively stable. Investors and traders use stock volatility as an indicator of risk and potential reward, as stocks with higher volatility can offer the potential for more significant returns but also come with a greater risk of losses. Oriental Times Media stock volatility can provide helpful information for making investment decisions in the following ways:- Measuring Risk: Volatility can be used as a measure of risk, which can help you determine the potential fluctuations in the value of Oriental Times Media investment. A higher volatility means higher risk and potentially larger changes in value.
- Identifying Opportunities: High volatility in Oriental Times' stock can indicate that there is potential for significant price movements, either up or down, which could present investment opportunities.
- Diversification: Understanding how the volatility of Oriental Times' stock relates to your other investments can help you create a well-diversified portfolio of assets with varying levels of risk.
Oriental Times Investment Opportunity
Oriental Times Media has a volatility of 4.5 and is 5.84 times more volatile than Dow Jones Industrial. 40 percent of all equities and portfolios are less risky than Oriental Times. You can use Oriental Times Media to enhance the returns of your portfolios. The stock experiences a very speculative upward sentiment. Check odds of Oriental Times to be traded at 5.13 in 90 days.Significant diversification
The correlation between Oriental Times Media and DJI is 0.03 (i.e., Significant diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Oriental Times Media and DJI in the same portfolio, assuming nothing else is changed.
Oriental Times Additional Risk Indicators
The analysis of Oriental Times' 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 Oriental Times' investment and either accepting that risk or mitigating it. Along with some common measures of Oriental Times 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.
| Risk Adjusted Performance | 0.2367 | |||
| Market Risk Adjusted Performance | 8.5 | |||
| Mean Deviation | 3.38 | |||
| Semi Deviation | 2.96 | |||
| Downside Deviation | 3.86 | |||
| Coefficient Of Variation | 335.75 | |||
| Standard Deviation | 4.42 |
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.
Oriental Times 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 Oriental Times 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. Oriental Times' 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, Oriental Times' 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 Oriental Times Media.
Complementary Tools for Oriental Stock analysis
When running Oriental Times' price analysis, check to measure Oriental Times' 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 Oriental Times is operating at the current time. Most of Oriental Times' value examination focuses on studying past and present price action to predict the probability of Oriental Times' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Oriental Times' price. Additionally, you may evaluate how the addition of Oriental Times to your portfolios can decrease your overall portfolio volatility.
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