Bitmis Corp Stock Volatility
| BIMT Stock | USD 29.60 3.20 9.76% |
Bitmis Corp is out of control given 3 months investment horizon. Bitmis Corp secures Sharpe Ratio (or Efficiency) of 0.13, which signifies that the company had a 0.13 % return per unit of risk over the last 3 months. We have collected data for twenty different technical indicators, which can help you to evaluate if expected returns of 16.13% are justified by taking the suggested risk. Use Bitmis Corp Standard Deviation of 153.3, risk adjusted performance of 0.0966, and Mean Deviation of 37.17 to evaluate company specific risk that cannot be diversified away. Key indicators related to Bitmis Corp's volatility include:
30 Days Market Risk | Chance Of Distress | 30 Days Economic Sensitivity |
Bitmis Corp 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 Bitmis daily returns, and it is calculated using variance and standard deviation. We also use Bitmis's beta, its sensitivity to the market, as well as its odds of financial distress to provide a more practical estimation of Bitmis Corp volatility.
Bitmis |
Since volatility provides investors with entry points to take advantage of stock prices, companies, such as Bitmis Corp can benefit from it. Downward market volatility can be a perfect environment for investors who play the long game. Here, they may decide to buy additional stocks of Bitmis Corp at lower prices. For example, an investor can purchase Bitmis stock that has halved in price over a short period. This will lower your average cost per share, thereby improving your portfolio's performance when the markets normalize. Similarly, when the prices of Bitmis Corp's stock rises, investors can sell out and invest the proceeds in other equities with better opportunities. Investing when markets are volatile with better valuations will accord both investors and companies the opportunity to generate better long-term returns.
Moving against Bitmis Pink Sheet
Bitmis Corp Market Sensitivity And Downside Risk
Bitmis Corp's beta coefficient measures the volatility of Bitmis 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 Bitmis pink sheet's returns against your selected market. In other words, Bitmis Corp's beta of 19.96 provides an investor with an approximation of how much risk Bitmis Corp pink sheet can potentially add to one of your existing portfolios. Bitmis Corp is displaying above-average volatility over the selected time horizon. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Bitmis Corp's 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 Bitmis Corp's 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 Bitmis Corp Demand TrendCheck current 90 days Bitmis Corp correlation with market (Dow Jones Industrial)Bitmis Beta |
Bitmis 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 | 127.0 |
It is essential to understand the difference between upside risk (as represented by Bitmis Corp's standard deviation) and the downside risk, which can be measured by semi-deviation or downside deviation of Bitmis Corp's daily returns or price. Since the actual investment returns on holding a position in bitmis 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 Bitmis Corp.
Bitmis Corp Pink Sheet Volatility Analysis
Volatility refers to the frequency at which Bitmis Corp pink sheet price increases or decreases within a specified period. These fluctuations usually indicate the level of risk that's associated with Bitmis Corp's price changes. Investors will then calculate the volatility of Bitmis Corp'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 Bitmis Corp's volatility:
Historical Volatility
This type of pink sheet volatility measures Bitmis Corp's fluctuations based on previous trends. It's commonly used to predict Bitmis Corp'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 Bitmis Corp'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 Bitmis Corp'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. The Median Price line plots median indexes of Bitmis Corp price series.
Bitmis Corp Projected Return Density Against Market
Given the investment horizon of 90 days the pink sheet has the beta coefficient of 19.9623 suggesting as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Bitmis Corp will likely underperform.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 Bitmis Corp or Consumer Cyclical 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 Bitmis Corp'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 Bitmis 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.
Bitmis Corp has an alpha of 17.4582, implying that it can generate a 17.46 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Predicted Return Density |
| Returns |
What Drives a Bitmis Corp 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.Bitmis Corp Pink Sheet Risk Measures
Given the investment horizon of 90 days the coefficient of variation of Bitmis Corp is 787.4. The daily returns are distributed with a variance of 16129.03 and standard deviation of 127.0. The mean deviation of Bitmis Corp is currently at 31.74. For similar time horizon, the selected benchmark (Dow Jones Industrial) has volatility of 0.7
α | Alpha over Dow Jones | 17.46 | |
β | Beta against Dow Jones | 19.96 | |
σ | Overall volatility | 127.00 | |
Ir | Information ratio | 0.12 |
Bitmis Corp Pink Sheet Return Volatility
Bitmis Corp historical daily return volatility represents how much of Bitmis Corp pink sheet's daily returns swing around its mean - it is a statistical measure of its dispersion of returns. The firm inherits 127.0001% risk (volatility on return distribution) over the 90 days horizon. By contrast, Dow Jones Industrial accepts 0.7065% volatility on return distribution over the 90 days horizon. Performance |
| Timeline |
About Bitmis Corp Volatility
Volatility is a rate at which the price of Bitmis Corp 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 Bitmis Corp may increase or decrease. In other words, similar to Bitmis's beta indicator, it measures the risk of Bitmis Corp and helps estimate the fluctuations that may happen in a short period of time. So if prices of Bitmis Corp 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.Bitmis Corp. focuses on the provision of business consulting services for entities and individuals in Thailand. The company was founded in 2016 and is based in Bangkok, Thailand. Bitmis Corp is traded on OTC Exchange in the United States.
Bitmis Corp'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 Bitmis Pink Sheet over a specified period of time, often expressed as the standard deviation of daily returns. In other words, it measures how much Bitmis Corp's price varies over time.
3 ways to utilize Bitmis Corp's volatility to invest better
Higher Bitmis Corp's stock volatility means that the price of its stock is changing rapidly and unpredictably, while lower stock volatility indicates that the price of Bitmis Corp 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. Bitmis Corp 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 Bitmis Corp investment. A higher volatility means higher risk and potentially larger changes in value.
- Identifying Opportunities: High volatility in Bitmis Corp'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 Bitmis Corp's stock relates to your other investments can help you create a well-diversified portfolio of assets with varying levels of risk.
Bitmis Corp Investment Opportunity
Bitmis Corp has a volatility of 127.0 and is 178.87 times more volatile than Dow Jones Industrial. 96 percent of all equities and portfolios are less risky than Bitmis Corp. You can use Bitmis Corp to protect your portfolios against small market fluctuations. The pink sheet experiences a very speculative downward sentiment. The market maybe over-reacting. Check odds of Bitmis Corp to be traded at $28.12 in 90 days.Significant diversification
The correlation between Bitmis Corp and DJI is 0.09 (i.e., Significant diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Bitmis Corp and DJI in the same portfolio, assuming nothing else is changed.
Bitmis Corp Additional Risk Indicators
The analysis of Bitmis Corp'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 Bitmis Corp's investment and either accepting that risk or mitigating it. Along with some common measures of Bitmis Corp 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 | 0.0966 | |||
| Market Risk Adjusted Performance | 0.9548 | |||
| Mean Deviation | 37.17 | |||
| Coefficient Of Variation | 812.4 | |||
| Standard Deviation | 153.3 | |||
| Variance | 23502.38 | |||
| Information Ratio | 0.1226 |
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.
Bitmis Corp 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 Bitmis Corp 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. Bitmis Corp'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, Bitmis Corp'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 Bitmis Corp.
Additional Tools for Bitmis Pink Sheet Analysis
When running Bitmis Corp's price analysis, check to measure Bitmis Corp'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 Bitmis Corp is operating at the current time. Most of Bitmis Corp's value examination focuses on studying past and present price action to predict the probability of Bitmis Corp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Bitmis Corp's price. Additionally, you may evaluate how the addition of Bitmis Corp to your portfolios can decrease your overall portfolio volatility.