JiShi Media (China) Volatility
| 601929 Stock | 1.85 0.04 2.21% |
JiShi Media is dangerous given 3 months investment horizon. JiShi Media holds Efficiency (Sharpe) Ratio of 0.25, which attests that the entity had a 0.25% return per unit of volatility over the last 3 months. We were able to analyze twenty-nine different technical indicators, which can help you to evaluate if expected returns of 1.07% are justified by taking the suggested risk. Use JiShi Media Co market risk adjusted performance of (3.17), and Risk Adjusted Performance of 0.1637 to evaluate company specific risk that cannot be diversified away. Key indicators related to JiShi Media's volatility include:
30 Days Market Risk | Chance Of Distress | 30 Days Economic Sensitivity |
JiShi Media 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 JiShi daily returns, and it is calculated using variance and standard deviation. We also use JiShi's beta, its sensitivity to the market, as well as its odds of financial distress to provide a more practical estimation of JiShi Media volatility.
JiShi |
Since volatility provides investors with entry points to take advantage of stock prices, companies, such as JiShi Media 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 JiShi Media at lower prices to lower their average cost per share. Similarly, when the prices of JiShi Media's stock rise, investors can sell out and invest the proceeds in other equities with better opportunities.
Moving together with JiShi Stock
| 0.68 | 601658 | Postal Savings Bank | PairCorr |
| 0.85 | 600036 | China Merchants Bank | PairCorr |
| 0.73 | 601166 | Industrial Bank | PairCorr |
JiShi Media Market Sensitivity And Downside Risk
JiShi Media's beta coefficient measures the volatility of JiShi 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 JiShi stock's returns against your selected market. In other words, JiShi Media's beta of -0.26 provides an investor with an approximation of how much risk JiShi Media stock can potentially add to one of your existing portfolios. JiShi Media Co 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 JiShi Media's stock risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact JiShi Media's 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 JiShi Media Demand TrendCheck current 90 days JiShi Media correlation with market (Dow Jones Industrial)JiShi Beta |
JiShi 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 | 4.23 |
It is essential to understand the difference between upside risk (as represented by JiShi Media's standard deviation) and the downside risk, which can be measured by semi-deviation or downside deviation of JiShi Media's daily returns or price. Since the actual investment returns on holding a position in jishi 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 JiShi Media.
JiShi Media Stock Volatility Analysis
Volatility refers to the frequency at which JiShi Media stock price increases or decreases within a specified period. These fluctuations usually indicate the level of risk that's associated with JiShi Media's price changes. Investors will then calculate the volatility of JiShi Media'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 JiShi Media's volatility:
Historical Volatility
This type of stock volatility measures JiShi Media's fluctuations based on previous trends. It's commonly used to predict JiShi Media'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 JiShi Media'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 JiShi Media'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. JiShi 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.
JiShi Media Projected Return Density Against Market
Assuming the 90 days trading horizon JiShi Media Co has a beta of -0.2563 . This suggests as returns on the benchmark increase, returns on holding JiShi Media are expected to decrease at a much lower rate. During a bear market, however, JiShi Media Co is likely to outperform the market.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 JiShi Media or Media 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 JiShi Media'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 JiShi 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.
JiShi Media Co has an alpha of 0.8415, implying that it can generate a 0.84 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Predicted Return Density |
| Returns |
What Drives a JiShi Media 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.JiShi Media Stock Risk Measures
Assuming the 90 days trading horizon the coefficient of variation of JiShi Media is 395.92. The daily returns are distributed with a variance of 17.91 and standard deviation of 4.23. The mean deviation of JiShi Media Co is currently at 3.16. For similar time horizon, the selected benchmark (Dow Jones Industrial) has volatility of 0.76
α | Alpha over Dow Jones | 0.84 | |
β | Beta against Dow Jones | -0.26 | |
σ | Overall volatility | 4.23 | |
Ir | Information ratio | 0.18 |
JiShi Media Stock Return Volatility
JiShi Media historical daily return volatility represents how much of JiShi Media stock's daily returns swing around its mean - it is a statistical measure of its dispersion of returns. The company accepts 4.2315% 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 JiShi Media Volatility
Volatility is a rate at which the price of JiShi Media 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 JiShi Media may increase or decrease. In other words, similar to JiShi's beta indicator, it measures the risk of JiShi Media and helps estimate the fluctuations that may happen in a short period of time. So if prices of JiShi Media 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 JiShi Media's volatility to invest better
Higher JiShi Media's stock volatility means that the price of its stock is changing rapidly and unpredictably, while lower stock volatility indicates that the price of JiShi 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. JiShi 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 JiShi Media investment. A higher volatility means higher risk and potentially larger changes in value.
- Identifying Opportunities: High volatility in JiShi Media'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 JiShi Media's stock relates to your other investments can help you create a well-diversified portfolio of assets with varying levels of risk.
JiShi Media Investment Opportunity
JiShi Media Co has a volatility of 4.23 and is 5.49 times more volatile than Dow Jones Industrial. 37 percent of all equities and portfolios are less risky than JiShi Media. You can use JiShi Media Co to enhance the returns of your portfolios. The stock experiences an unexpected upward trend. Watch out for market signals. Check odds of JiShi Media to be traded at 2.22 in 90 days.Good diversification
The correlation between JiShi Media Co and DJI is -0.05 (i.e., Good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding JiShi Media Co and DJI in the same portfolio, assuming nothing else is changed.
JiShi Media Additional Risk Indicators
The analysis of JiShi Media'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 JiShi Media's investment and either accepting that risk or mitigating it. Along with some common measures of JiShi Media 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 | 0.1637 | |||
| Market Risk Adjusted Performance | (3.17) | |||
| Mean Deviation | 3.02 | |||
| Semi Deviation | 3.28 | |||
| Downside Deviation | 3.72 | |||
| Coefficient Of Variation | 490.35 | |||
| Standard Deviation | 4.05 |
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.
JiShi Media 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 JiShi Media 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. JiShi Media'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, JiShi Media'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 JiShi Media Co.
Complementary Tools for JiShi Stock analysis
When running JiShi Media's price analysis, check to measure JiShi Media'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 JiShi Media is operating at the current time. Most of JiShi Media's value examination focuses on studying past and present price action to predict the probability of JiShi Media's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move JiShi Media's price. Additionally, you may evaluate how the addition of JiShi Media to your portfolios can decrease your overall portfolio volatility.
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