Airports Of Thailand Volatility

AIPUFDelisted Stock  USD 2.00  0.00  0.00%   
Airports appears to be risky, given 3 months investment horizon. Airports Of Thailand secures Sharpe Ratio (or Efficiency) of 0.17, which signifies that the company had a 0.17% return per unit of risk over the last 3 months. We have found sixteen technical indicators for Airports Of Thailand, which you can use to evaluate the volatility of the firm. Please makes use of Airports' Mean Deviation of 0.6205, risk adjusted performance of 0.12, and Standard Deviation of 2.05 to double-check if our risk estimates are consistent with your expectations. Key indicators related to Airports' volatility include:
30 Days Market Risk
Chance Of Distress
30 Days Economic Sensitivity
Airports Pink Sheet 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 Airports daily returns, and it is calculated using variance and standard deviation. We also use Airports's beta, its sensitivity to the market, as well as its odds of financial distress to provide a more practical estimation of Airports volatility.
  
Since volatility provides investors with entry points to take advantage of stock prices, companies, such as Airports 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 Airports at lower prices to lower their average cost per share. Similarly, when the prices of Airports' stock rise, investors can sell out and invest the proceeds in other equities with better opportunities.

Moving together with Airports Pink Sheet

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  0.74FSTF First State FinancialPairCorr

Airports Market Sensitivity And Downside Risk

Airports' beta coefficient measures the volatility of Airports pink sheet 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 Airports pink sheet's returns against your selected market. In other words, Airports's beta of 0.27 provides an investor with an approximation of how much risk Airports pink sheet can potentially add to one of your existing portfolios. Airports Of Thailand exhibits very low volatility with skewness of 7.16 and kurtosis of 53.42. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Airports' pink sheet risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact Airports' pink sheet 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 Airports Of Thailand Demand Trend
Check current 90 days Airports correlation with market (Dow Jones Industrial)

Airports Beta

    
  0.27  
Airports 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

    
  2.22  
It is essential to understand the difference between upside risk (as represented by Airports's standard deviation) and the downside risk, which can be measured by semi-deviation or downside deviation of Airports' daily returns or price. Since the actual investment returns on holding a position in airports pink sheet 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 Airports.

Airports Of Thailand Pink Sheet Volatility Analysis

Volatility refers to the frequency at which Airports pink sheet price increases or decreases within a specified period. These fluctuations usually indicate the level of risk that's associated with Airports' price changes. Investors will then calculate the volatility of Airports' pink sheet to predict their future moves. A pink sheet that has erratic price changes quickly hits new highs, and lows are considered highly volatile. A pink sheet with relatively stable price changes has low volatility. A highly volatile pink sheet 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 Airports' volatility:

Historical Volatility

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

Implied Volatility

This type of volatility provides a positive outlook on future price fluctuations for Airports' current market price. This means that the pink sheet will return to its initially predicted market price. This type of volatility can be derived from derivative instruments written on Airports' to be redeemed at a future date.
Transformation
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Airports Projected Return Density Against Market

Assuming the 90 days horizon Airports has a beta of 0.2729 . This suggests as returns on the market go up, Airports average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Airports Of Thailand 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 Airports or Airports 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 Airports' price will be affected by overall pink sheet 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 Airports pink sheet'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.
Airports Of Thailand has an alpha of 0.2822, implying that it can generate a 0.28 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta).
   Predicted Return Density   
       Returns  
Airports' volatility is measured either by using standard deviation or beta. Standard deviation will reflect the average amount of how airports pink sheet'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 Airports Price Volatility?

Several factors can influence a pink sheet'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.

Airports Pink Sheet Risk Measures

Assuming the 90 days horizon the coefficient of variation of Airports is 588.74. The daily returns are distributed with a variance of 4.93 and standard deviation of 2.22. The mean deviation of Airports Of Thailand is currently at 0.73. For similar time horizon, the selected benchmark (Dow Jones Industrial) has volatility of 0.73
α
Alpha over Dow Jones
0.28
β
Beta against Dow Jones0.27
σ
Overall volatility
2.22
Ir
Information ratio 0.10

Airports Pink Sheet Return Volatility

Airports historical daily return volatility represents how much of Airports pink sheet's daily returns swing around its mean - it is a statistical measure of its dispersion of returns. The company shows 2.2201% volatility of returns over 90 . By contrast, Dow Jones Industrial accepts 0.7349% volatility on return distribution over the 90 days horizon.
 Performance 
       Timeline  

About Airports Volatility

Volatility is a rate at which the price of Airports 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 Airports may increase or decrease. In other words, similar to Airports's beta indicator, it measures the risk of Airports and helps estimate the fluctuations that may happen in a short period of time. So if prices of Airports 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.
Airports of Thailand Public Company Limited, together with its subsidiaries, engages in developing, managing, and operating international airports in Thailand. Airports of Thailand Public Company Limited was founded in 1903 and is headquartered in Bangkok, Thailand. Airports operates under Airports Air Services classification in the United States and is traded on OTC Exchange.
Airports' 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 Airports Pink Sheet over a specified period of time, often expressed as the standard deviation of daily returns. In other words, it measures how much Airports' price varies over time.

3 ways to utilize Airports' volatility to invest better

Higher Airports' stock volatility means that the price of its stock is changing rapidly and unpredictably, while lower stock volatility indicates that the price of Airports Of Thailand 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. Airports Of Thailand 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 Airports Of Thailand investment. A higher volatility means higher risk and potentially larger changes in value.
  • Identifying Opportunities: High volatility in Airports' 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 Airports' stock relates to your other investments can help you create a well-diversified portfolio of assets with varying levels of risk.
Remember it's essential to remember that stock volatility is just one of many factors to consider when making investment decisions, and it should be used in conjunction with other fundamental and technical analysis tools.

Airports Investment Opportunity

Airports Of Thailand has a volatility of 2.22 and is 3.04 times more volatile than Dow Jones Industrial. Compared to the overall equity markets, volatility of historical daily returns of Airports Of Thailand is lower than 19 percent of all global equities and portfolios over the last 90 days. You can use Airports Of Thailand to protect your portfolios against small market fluctuations. The pink sheet experiences a normal downward fluctuation but is a risky buy. Check odds of Airports to be traded at $1.98 in 90 days.

Average diversification

The correlation between Airports Of Thailand and DJI is 0.1 (i.e., Average diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Airports Of Thailand and DJI in the same portfolio, assuming nothing else is changed.

Airports Additional Risk Indicators

The analysis of Airports' 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 Airports' investment and either accepting that risk or mitigating it. Along with some common measures of Airports pink sheet'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 pink sheets, we recommend comparing similar pink sheets with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.

Airports 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 Airports 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. Airports' 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, Airports' 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 Airports Of Thailand.
Check out Trending Equities to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in employment.
You can also try the Efficient Frontier module to plot and analyze your portfolio and positions against risk-return landscape of the market..

Other Consideration for investing in Airports Pink Sheet

If you are still planning to invest in Airports Of Thailand check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Airports' history and understand the potential risks before investing.
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