Synergetic Auto (Thailand) Volatility
| ASAP Stock | THB 1.18 0.04 3.28% |
Synergetic Auto Perf owns Efficiency Ratio (i.e., Sharpe Ratio) of close to zero, which indicates the firm had a close to zero % return per unit of risk over the last 3 months. Synergetic Auto Performance exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Synergetic Auto's Variance of 4.21, coefficient of variation of (27,847), and Risk Adjusted Performance of 0.0038 to confirm the risk estimate we provide.
Sharpe Ratio = -0.0036
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| Negative Returns | ASAP |
Estimated Market Risk
| 2.05 actual daily | 18 82% of assets are more volatile |
Expected Return
| -0.01 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.0 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Synergetic Auto is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Synergetic Auto by adding Synergetic Auto to a well-diversified portfolio.
Key indicators related to Synergetic Auto's volatility include:90 Days Market Risk | Chance Of Distress | 90 Days Economic Sensitivity |
Synergetic Auto 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 Synergetic daily returns, and it is calculated using variance and standard deviation. We also use Synergetic's beta, its sensitivity to the market, as well as its odds of financial distress to provide a more practical estimation of Synergetic Auto volatility.
Synergetic |
Downward market volatility can be a perfect environment for investors who play the long game. Here, they may decide to buy additional stocks of Synergetic Auto at lower prices. For example, an investor can purchase Synergetic 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. Main indicators related to Synergetic Auto's market risk premium analysis include:
Beta (0.52) | Alpha 0.0184 | Risk 2.05 | Sharpe Ratio (0) | Expected Return (0.01) |
Moving against Synergetic Stock
Synergetic Auto Market Sensitivity And Downside Risk
Synergetic Auto's beta coefficient measures the volatility of Synergetic 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 Synergetic stock's returns against your selected market. In other words, Synergetic Auto's beta of -0.52 provides an investor with an approximation of how much risk Synergetic Auto stock can potentially add to one of your existing portfolios. Synergetic Auto Performance exhibits very low volatility with skewness of 0.29 and kurtosis of 1.08. Synergetic Auto Performance is a potential penny stock. Although Synergetic Auto 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 Synergetic Auto Performance. 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 Synergetic 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 Synergetic Auto Perf Demand TrendCheck current 90 days Synergetic Auto correlation with market (Dow Jones Industrial)Synergetic Auto Volatility and Downside Risk
Synergetic 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.
Synergetic Auto Perf Stock Volatility Analysis
Volatility refers to the frequency at which Synergetic Auto stock price increases or decreases within a specified period. These fluctuations usually indicate the level of risk that's associated with Synergetic Auto's price changes. Investors will then calculate the volatility of Synergetic Auto'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 Synergetic Auto's volatility:
Historical Volatility
This type of stock volatility measures Synergetic Auto's fluctuations based on previous trends. It's commonly used to predict Synergetic Auto'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 Synergetic Auto'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 Synergetic Auto'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. Synergetic Auto Perf 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.
Synergetic Auto Projected Return Density Against Market
Assuming the 90 days trading horizon Synergetic Auto Performance has a beta of -0.5238 . This suggests as returns on the benchmark increase, returns on holding Synergetic Auto are expected to decrease at a much lower rate. During a bear market, however, Synergetic Auto Performance 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 Synergetic Auto or Road & Rail 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 Synergetic Auto'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 Synergetic 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.
Synergetic Auto Performance has an alpha of 0.0184, implying that it can generate a 0.0184 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Predicted Return Density |
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What Drives a Synergetic Auto 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.Synergetic Auto Stock Risk Measures
Assuming the 90 days trading horizon the coefficient of variation of Synergetic Auto is -27846.84. The daily returns are distributed with a variance of 4.21 and standard deviation of 2.05. The mean deviation of Synergetic Auto Performance is currently at 1.36. For similar time horizon, the selected benchmark (Dow Jones Industrial) has volatility of 0.73
α | Alpha over Dow Jones | 0.02 | |
β | Beta against Dow Jones | -0.52 | |
σ | Overall volatility | 2.05 | |
Ir | Information ratio | -0.04 |
Synergetic Auto Stock Return Volatility
Synergetic Auto historical daily return volatility represents how much of Synergetic Auto stock's daily returns swing around its mean - it is a statistical measure of its dispersion of returns. The company accepts 2.0518% volatility on return distribution over the 90 days horizon. By contrast, Dow Jones Industrial accepts 0.7383% volatility on return distribution over the 90 days horizon. Performance |
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Related Correlations Analysis
Correlation Matchups
Over a given time period, the two securities move together when the Correlation Coefficient is positive. Conversely, the two assets move in opposite directions when the Correlation Coefficient is negative. Determining your positions' relationship to each other is valuable for analyzing and projecting your portfolio's future expected return and risk.High positive correlations
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Risk-Adjusted Indicators
There is a big difference between Synergetic Stock performing well and Synergetic Auto Company doing well as a business compared to the competition. There are so many exceptions to the norm that investors cannot definitively determine what's good or bad unless they analyze Synergetic Auto's multiple risk-adjusted performance indicators across the competitive landscape. These indicators are quantitative in nature and help investors forecast volatility and risk-adjusted expected returns across various positions.| Mean Deviation | Jensen Alpha | Sortino Ratio | Treynor Ratio | Semi Deviation | Expected Shortfall | Potential Upside | Value @Risk | Maximum Drawdown | ||
|---|---|---|---|---|---|---|---|---|---|---|
| PL | 0.71 | 0.07 | 0.02 | 0.23 | 1.03 | 1.56 | 9.45 | |||
| CPT | 0.59 | 0.01 | (0.04) | 0.61 | 0.65 | 2.08 | 5.11 | |||
| FTI | 1.77 | 0.22 | 0.05 | (0.69) | 2.07 | 5.00 | 12.59 | |||
| VL | 1.11 | (0.09) | 0.00 | (0.39) | 0.00 | 2.56 | 11.09 | |||
| BM | 2.41 | (0.32) | 0.00 | (0.32) | 0.00 | 6.67 | 19.83 | |||
| TRT | 0.97 | 0.24 | 0.13 | 3.15 | 0.97 | 2.25 | 6.06 | |||
| KIAT | 1.62 | 0.27 | 0.06 | 1.24 | 1.55 | 3.45 | 6.78 | |||
| SCI | 2.54 | 0.00 | 0.00 | 0.07 | 0.00 | 6.52 | 29.15 | |||
| SVT | 1.04 | (0.04) | 0.00 | (1.18) | 0.00 | 2.31 | 8.82 |