New Advanced (Taiwan) Volatility
| 3465 Stock | TWD 60.10 0.00 0.00% |
We have found six technical indicators for New Advanced, which you can use to evaluate the volatility of the firm. Please verify New Advanced's Market Facilitation Index of 1.9, day median price of 61.05, and Accumulation Distribution of 0.0306 to check out if the risk estimate we provide is consistent with the expected return of 0.0%. Key indicators related to New Advanced's volatility include:
30 Days Market Risk | Chance Of Distress | 30 Days Economic Sensitivity |
New Advanced 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 New daily returns, and it is calculated using variance and standard deviation. We also use New's beta, its sensitivity to the market, as well as its odds of financial distress to provide a more practical estimation of New Advanced volatility.
New |
New Advanced Electronics Stock Volatility Analysis
Volatility refers to the frequency at which New Advanced stock price increases or decreases within a specified period. These fluctuations usually indicate the level of risk that's associated with New Advanced's price changes. Investors will then calculate the volatility of New Advanced'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 New Advanced's volatility:
Historical Volatility
This type of stock volatility measures New Advanced's fluctuations based on previous trends. It's commonly used to predict New Advanced'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 New Advanced'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 New Advanced's to be redeemed at a future date.Transformation |
We are not able to run technical analysis function on this symbol. We either do not have that equity or its historical data is not available at this time. Please try again later.
New Advanced Projected Return Density Against Market
Assuming the 90 days trading horizon New Advanced has a beta that is very close to zero . This suggests the returns on DOW JONES INDUSTRIAL and New Advanced do not appear to be correlated.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 New Advanced 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 New Advanced'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 New 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.
It does not look like New Advanced's alpha can have any bearing on the current valuation. Predicted Return Density |
| Returns |
What Drives a New Advanced 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.New Advanced Stock Risk Measures
Assuming the 90 days trading horizon the coefficient of variation of New Advanced is 0.0. The daily returns are distributed with a variance of 0.0 and standard deviation of 0.0. The mean deviation of New Advanced Electronics is currently at 0.0. For similar time horizon, the selected benchmark (Dow Jones Industrial) has volatility of 0.84
α | Alpha over Dow Jones | 0.00 | |
β | Beta against Dow Jones | 0.00 | |
σ | Overall volatility | 0.00 | |
Ir | Information ratio | 0.00 |
New Advanced Stock Return Volatility
New Advanced historical daily return volatility represents how much of New Advanced stock's daily returns swing around its mean - it is a statistical measure of its dispersion of returns. The venture accepts 0.0% volatility on return distribution over the 90 days horizon. By contrast, Dow Jones Industrial accepts 0.8521% volatility on return distribution over the 90 days horizon. Performance |
| Timeline |
About New Advanced Volatility
Volatility is a rate at which the price of New Advanced 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 New Advanced may increase or decrease. In other words, similar to New's beta indicator, it measures the risk of New Advanced and helps estimate the fluctuations that may happen in a short period of time. So if prices of New Advanced 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.New Advanced Electronics Technologies Co., Ltd. researches and develops, manufactures, and sells portable power supplies and related power supply products in Taiwan and internationally. New Advanced Electronics Technologies Co., Ltd. was founded in 1993 and is headquartered in Taipei City, Taiwan. NEW ADVANCED is traded on Taiwan OTC Exchange in Taiwan.
New Advanced's stock volatility refers to the amount of uncertainty or risk involved with the size of changes in its stock's price. It is a statistical measure of the dispersion of returns on New Stock over a specified period of time, often expressed as the standard deviation of daily returns. In other words, it measures how much New Advanced's price varies over time.
3 ways to utilize New Advanced's volatility to invest better
Higher New Advanced's stock volatility means that the price of its stock is changing rapidly and unpredictably, while lower stock volatility indicates that the price of New Advanced Electronics 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. New Advanced Electronics 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 New Advanced Electronics investment. A higher volatility means higher risk and potentially larger changes in value.
- Identifying Opportunities: High volatility in New Advanced's 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 New Advanced's stock relates to your other investments can help you create a well-diversified portfolio of assets with varying levels of risk.
New Advanced Investment Opportunity
Dow Jones Industrial has a standard deviation of returns of 0.85 and is 9.223372036854776E16 times more volatile than New Advanced Electronics. Compared to the overall equity markets, volatility of historical daily returns of New Advanced Electronics is lower than 0 percent of all global equities and portfolios over the last 90 days. You can use New Advanced Electronics to protect your portfolios against small market fluctuations. The stock experiences a normal downward trend, but the immediate impact on correlations cannot be determined at the moment . Check odds of New Advanced to be traded at NT$59.5 in 90 days.Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
New Advanced 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 New Advanced 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. New Advanced'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, New Advanced'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 New Advanced Electronics.
Additional Tools for New Stock Analysis
When running New Advanced's price analysis, check to measure New Advanced'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 New Advanced is operating at the current time. Most of New Advanced's value examination focuses on studying past and present price action to predict the probability of New Advanced's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move New Advanced's price. Additionally, you may evaluate how the addition of New Advanced to your portfolios can decrease your overall portfolio volatility.