American Shipping Volatility
| ASCJFDelisted Stock | USD 0.15 0.00 0.00% |
We have found seventeen technical indicators for American Shipping, which you can use to evaluate the volatility of the firm. Please confirm American Shipping's risk adjusted performance of 0.049, and Mean Deviation of 0.6541 to double-check if the risk estimate we provide is consistent with the expected return of 0.0%.
Sharpe Ratio = 0.0
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Based on monthly moving average American Shipping 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 American Shipping by adding American Shipping to a well-diversified portfolio.
Key indicators related to American Shipping's volatility include:90 Days Market Risk | Chance Of Distress | 90 Days Economic Sensitivity |
American Shipping 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 American daily returns, and it is calculated using variance and standard deviation. We also use American's beta, its sensitivity to the market, as well as its odds of financial distress to provide a more practical estimation of American Shipping volatility.
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Since volatility provides investors with entry points to take advantage of stock prices, companies, such as American Shipping 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 American Shipping at lower prices to lower their average cost per share. Similarly, when the prices of American Shipping's stock rise, investors can sell out and invest the proceeds in other equities with better opportunities. Main indicators related to American Shipping's market risk premium analysis include:
Beta (0.17) | Alpha 0.13 | Risk 0.0 | Sharpe Ratio 0.0 | Expected Return 0.0 |
Moving against American Pink Sheet
American Shipping Market Sensitivity And Downside Risk
American Shipping's beta coefficient measures the volatility of American 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 American pink sheet's returns against your selected market. In other words, American Shipping's beta of -0.17 provides an investor with an approximation of how much risk American Shipping pink sheet can potentially add to one of your existing portfolios. American Shipping exhibits very low volatility with skewness of -1.77 and kurtosis of 22.44. American Shipping is a potential penny stock. Although American Shipping may be in fact a good instrument to invest, many penny pink sheets 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 American Shipping. 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 American instrument if you perfectly time your entry and exit. However, remember that penny pink sheets 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 American Shipping Demand TrendCheck current 90 days American Shipping correlation with market (Dow Jones Industrial)American Shipping Volatility and Downside Risk
American 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.
American Shipping Pink Sheet Volatility Analysis
Volatility refers to the frequency at which American Shipping pink sheet price increases or decreases within a specified period. These fluctuations usually indicate the level of risk that's associated with American Shipping's price changes. Investors will then calculate the volatility of American Shipping's 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 American Shipping's volatility:
Historical Volatility
This type of pink sheet volatility measures American Shipping's fluctuations based on previous trends. It's commonly used to predict American Shipping's 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 American Shipping's 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 American Shipping's to be redeemed at a future date.Transformation |
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American Shipping Projected Return Density Against Market
Assuming the 90 days horizon American Shipping has a beta of -0.1658 . This suggests as returns on the benchmark increase, returns on holding American Shipping are expected to decrease at a much lower rate. During a bear market, however, American Shipping 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 American Shipping or Industrials 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 American Shipping's 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 American 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.
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What Drives an American Shipping 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 investor attention to the company. This positive attention may impact the company's stock price. In contrast, product recalls and data breaches may negatively influence a company's stock prices.American Shipping Pink Sheet Return Volatility
American Shipping historical daily return volatility represents how much of American Shipping pink sheet's daily returns swing around its mean - it is a statistical measure of its dispersion of returns. The company shows 0.0% volatility of returns over 90 . By contrast, Dow Jones Industrial accepts 0.747% 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 American Pink Sheet performing well and American Shipping 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 American Shipping'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 | ||
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| EXROF | 23.01 | 3.29 | 0.08 | 2.32 | 22.18 | 66.67 | 150.00 | |||
| AWAW | 15.90 | 3.68 | 0.09 | (0.59) | 15.66 | 66.67 | 206.67 | |||
| UCIX | 15.44 | 2.06 | 0.04 | (1.04) | 20.19 | 57.14 | 247.42 | |||
| NMHI | 8.85 | (2.37) | 0.00 | (1.24) | 0.00 | 10.00 | 81.64 | |||
| EFTI | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
| TPCFF | 0.08 | (0.06) | 0.00 | (0.36) | 0.00 | 0.00 | 2.78 | |||
| APGI | 3.78 | (0.79) | 0.00 | (10.12) | 0.00 | 14.29 | 37.50 | |||
| CHSTY | 1.01 | 0.46 | 0.00 | 0.52 | 0.00 | 0.00 | 33.81 | |||
| GPLS | 6.41 | (0.20) | 0.00 | (0.09) | 0.00 | 16.96 | 61.40 | |||
| RLBY | 3.91 | 0.43 | 0.03 | 2.49 | 4.92 | 15.20 | 58.49 |
About American Shipping Volatility
Volatility is a rate at which the price of American Shipping 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 American Shipping may increase or decrease. In other words, similar to American's beta indicator, it measures the risk of American Shipping and helps estimate the fluctuations that may happen in a short period of time. So if prices of American Shipping 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.AMSC ASA, through its subsidiaries, operates as a ship owning and lease finance company in the United States. AMSC ASA was incorporated in 2005 and is headquartered in Lysaker, Norway. American Shipping is traded on OTC Exchange in the United States.
American Shipping'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 American Pink Sheet over a specified period of time, often expressed as the standard deviation of daily returns. In other words, it measures how much American Shipping's price varies over time.
3 ways to utilize American Shipping's volatility to invest better
Higher American Shipping's stock volatility means that the price of its stock is changing rapidly and unpredictably, while lower stock volatility indicates that the price of American Shipping 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. American Shipping 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 American Shipping investment. A higher volatility means higher risk and potentially larger changes in value.
- Identifying Opportunities: High volatility in American Shipping'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 American Shipping's stock relates to your other investments can help you create a well-diversified portfolio of assets with varying levels of risk.
American Shipping Investment Opportunity
Dow Jones Industrial has a standard deviation of returns of 0.75 and is 9.223372036854776E16 times more volatile than American Shipping. Compared to the overall equity markets, volatility of historical daily returns of American Shipping is lower than 0 percent of all global equities and portfolios over the last 90 days. You can use American Shipping to protect your portfolios against small market fluctuations. The pink sheet experiences a normal downward fluctuation but is a risky buy. Check odds of American Shipping to be traded at $0.1485 in 90 days.Weak diversification
The correlation between American Shipping and DJI is 0.36 (i.e., Weak diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding American Shipping and DJI in the same portfolio, assuming nothing else is changed.
American Shipping Additional Risk Indicators
The analysis of American Shipping'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 American Shipping's investment and either accepting that risk or mitigating it. Along with some common measures of American Shipping 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.
| Risk Adjusted Performance | 0.049 | |||
| Market Risk Adjusted Performance | (0.72) | |||
| Mean Deviation | 0.6541 | |||
| Coefficient Of Variation | 1740.62 | |||
| Standard Deviation | 2.28 | |||
| Variance | 5.2 | |||
| Information Ratio | 0.0342 |
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.
American Shipping 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 American Shipping 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. American Shipping'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, American Shipping'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 American Shipping.
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 bureau of economic analysis. You can also try the Positions Ratings module to determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance.
Other Consideration for investing in American Pink Sheet
If you are still planning to invest in American Shipping 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 American Shipping's history and understand the potential risks before investing.
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