AIRA Factoring (Thailand) Volatility
| AF Stock | 0.59 0.01 1.67% |
AIRA Factoring appears to be out of control, given 3 months investment horizon. AIRA Factoring Public secures Sharpe Ratio (or Efficiency) of 0.0529, which signifies that the company had a 0.0529% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for AIRA Factoring Public, which you can use to evaluate the volatility of the firm. Please makes use of AIRA Factoring's risk adjusted performance of 0.052, and Mean Deviation of 3.18 to double-check if our risk estimates are consistent with your expectations. Key indicators related to AIRA Factoring's volatility include:
270 Days Market Risk | Chance Of Distress | 270 Days Economic Sensitivity |
AIRA Factoring 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 AIRA daily returns, and it is calculated using variance and standard deviation. We also use AIRA's beta, its sensitivity to the market, as well as its odds of financial distress to provide a more practical estimation of AIRA Factoring volatility.
AIRA |
Downward market volatility can be a perfect environment for investors who play the long game. Here, they may decide to buy additional stocks of AIRA Factoring at lower prices. For example, an investor can purchase AIRA stock that has halved in price over a short period. This will lower their average cost per share, thereby improving the overall portfolio performance when market normalizes.
Moving together with AIRA Stock
AIRA Factoring Market Sensitivity And Downside Risk
AIRA Factoring's beta coefficient measures the volatility of AIRA 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 AIRA stock's returns against your selected market. In other words, AIRA Factoring's beta of -2.48 provides an investor with an approximation of how much risk AIRA Factoring stock can potentially add to one of your existing portfolios. AIRA Factoring Public is displaying above-average volatility over the selected time horizon. AIRA Factoring Public is a potential penny stock. Although AIRA Factoring 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 AIRA Factoring Public. 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 AIRA 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 AIRA Factoring Public Demand TrendCheck current 90 days AIRA Factoring correlation with market (Dow Jones Industrial)AIRA Beta |
AIRA 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 | 7.56 |
It is essential to understand the difference between upside risk (as represented by AIRA Factoring's standard deviation) and the downside risk, which can be measured by semi-deviation or downside deviation of AIRA Factoring's daily returns or price. Since the actual investment returns on holding a position in aira 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 AIRA Factoring.
AIRA Factoring Public Stock Volatility Analysis
Volatility refers to the frequency at which AIRA Factoring stock price increases or decreases within a specified period. These fluctuations usually indicate the level of risk that's associated with AIRA Factoring's price changes. Investors will then calculate the volatility of AIRA Factoring'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 AIRA Factoring's volatility:
Historical Volatility
This type of stock volatility measures AIRA Factoring's fluctuations based on previous trends. It's commonly used to predict AIRA Factoring'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 AIRA Factoring'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 AIRA Factoring'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. AIRA Factoring Public 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.
AIRA Factoring Projected Return Density Against Market
Assuming the 90 days horizon AIRA Factoring Public has a beta of -2.4753 . This suggests as returns on its benchmark rise, returns on holding AIRA Factoring Public are expected to decrease by similarly larger amounts. On the other hand, during market turmoils, AIRA Factoring is expected to outperform its benchmark.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 AIRA Factoring or Financial Services 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 AIRA Factoring'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 AIRA 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.
AIRA Factoring Public has an alpha of 0.7065, implying that it can generate a 0.71 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Predicted Return Density |
| Returns |
What Drives an AIRA Factoring 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.AIRA Factoring Stock Risk Measures
Assuming the 90 days horizon the coefficient of variation of AIRA Factoring is 1888.64. The daily returns are distributed with a variance of 57.21 and standard deviation of 7.56. The mean deviation of AIRA Factoring Public is currently at 3.24. For similar time horizon, the selected benchmark (Dow Jones Industrial) has volatility of 0.77
α | Alpha over Dow Jones | 0.71 | |
β | Beta against Dow Jones | -2.48 | |
σ | Overall volatility | 7.56 | |
Ir | Information ratio | 0.04 |
AIRA Factoring Stock Return Volatility
AIRA Factoring historical daily return volatility represents how much of AIRA Factoring stock's daily returns swing around its mean - it is a statistical measure of its dispersion of returns. The company shows 7.5637% volatility of returns over 90 . By contrast, Dow Jones Industrial accepts 0.7626% volatility on return distribution over the 90 days horizon. Performance |
| Timeline |
About AIRA Factoring Volatility
Volatility is a rate at which the price of AIRA Factoring 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 AIRA Factoring may increase or decrease. In other words, similar to AIRA's beta indicator, it measures the risk of AIRA Factoring and helps estimate the fluctuations that may happen in a short period of time. So if prices of AIRA Factoring 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 AIRA Factoring's volatility to invest better
Higher AIRA Factoring's stock volatility means that the price of its stock is changing rapidly and unpredictably, while lower stock volatility indicates that the price of AIRA Factoring Public 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. AIRA Factoring Public 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 AIRA Factoring Public investment. A higher volatility means higher risk and potentially larger changes in value.
- Identifying Opportunities: High volatility in AIRA Factoring'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 AIRA Factoring's stock relates to your other investments can help you create a well-diversified portfolio of assets with varying levels of risk.
AIRA Factoring Investment Opportunity
AIRA Factoring Public has a volatility of 7.56 and is 9.95 times more volatile than Dow Jones Industrial. 67 percent of all equities and portfolios are less risky than AIRA Factoring. You can use AIRA Factoring Public to protect your portfolios against small market fluctuations. The stock experiences a somewhat bearish sentiment, but the market may correct it shortly. Check odds of AIRA Factoring to be traded at 0.5723 in 90 days.Very good diversification
The correlation between AIRA Factoring Public and DJI is -0.25 (i.e., Very good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding AIRA Factoring Public and DJI in the same portfolio, assuming nothing else is changed.
AIRA Factoring Additional Risk Indicators
The analysis of AIRA Factoring'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 AIRA Factoring's investment and either accepting that risk or mitigating it. Along with some common measures of AIRA Factoring 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 | 0.052 | |||
| Market Risk Adjusted Performance | (0.15) | |||
| Mean Deviation | 3.18 | |||
| Semi Deviation | 2.83 | |||
| Downside Deviation | 4.19 | |||
| Coefficient Of Variation | 1784.25 | |||
| Standard Deviation | 7.45 |
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.
AIRA Factoring 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 AIRA Factoring 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. AIRA Factoring'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, AIRA Factoring'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 AIRA Factoring Public.
Other Information on Investing in AIRA Stock
AIRA Factoring financial ratios help investors to determine whether AIRA Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in AIRA with respect to the benefits of owning AIRA Factoring security.