Bruush Oral Care Volatility
| BRSHDelisted Stock | USD 0.0005 0.0001 16.67% |
Bruush Oral Care secures Sharpe Ratio (or Efficiency) of -0.21, which signifies that the company had a -0.21% return per unit of risk over the last 3 months. Bruush Oral Care exposes thirty different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Bruush Oral's Risk Adjusted Performance of 0.05, mean deviation of 30.88, and Downside Deviation of 35.96 to double-check the risk estimate we provide. Key indicators related to Bruush Oral's volatility include:
60 Days Market Risk | Chance Of Distress | 60 Days Economic Sensitivity |
Bruush Oral 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 Bruush daily returns, and it is calculated using variance and standard deviation. We also use Bruush's beta, its sensitivity to the market, as well as its odds of financial distress to provide a more practical estimation of Bruush Oral volatility.
Bruush |
Downward market volatility can be a perfect environment for investors who play the long game. Here, they may decide to buy additional stocks of Bruush Oral at lower prices. For example, an investor can purchase Bruush 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.
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Bruush Oral Market Sensitivity And Downside Risk
Bruush Oral's beta coefficient measures the volatility of Bruush 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 Bruush stock's returns against your selected market. In other words, Bruush Oral's beta of 9.73 provides an investor with an approximation of how much risk Bruush Oral stock can potentially add to one of your existing portfolios. Bruush Oral Care is showing large volatility of returns over the selected time horizon. Bruush Oral Care appears to be a penny stock. Although Bruush Oral Care may be, in fact, a solid short-term or long term investment, many penny stocks are speculative investment instruments that are often subject to artificial stock promotion and campaigns of hype which may lead to misinformation and misrepresentation. Please make sure you fully understand upside potential and downside risks of investing in Bruush Oral Care or similar risky assets. We encourage investors to look for signals such as email spams, message board hypes, claims of breakthroughs, volume upswing without any event/news,and sudden news releases. We also encourage traders to check biographies and work history of company President, CEO or other officers before investing in high-volatility instruments, penny stocks, or equities with microcap classification. You can indeed make money on Bruush instrument if you perfectly time your entry and exit. However, remember that penny delisted 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 Bruush Oral Care Demand TrendCheck current 90 days Bruush Oral correlation with market (Dow Jones Industrial)Bruush Beta |
Bruush 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 | 23.12 |
It is essential to understand the difference between upside risk (as represented by Bruush Oral's standard deviation) and the downside risk, which can be measured by semi-deviation or downside deviation of Bruush Oral's daily returns or price. Since the actual investment returns on holding a position in bruush 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 Bruush Oral.
Bruush Oral Care Stock Volatility Analysis
Volatility refers to the frequency at which Bruush Oral delisted stock price increases or decreases within a specified period. These fluctuations usually indicate the level of risk that's associated with Bruush Oral's price changes. Investors will then calculate the volatility of Bruush Oral's stock to predict their future moves. A delisted 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 delisted 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 Bruush Oral's volatility:
Historical Volatility
This type of delisted stock volatility measures Bruush Oral's fluctuations based on previous trends. It's commonly used to predict Bruush Oral'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 Bruush Oral's current market price. This means that the delisted stock will return to its initially predicted market price. This type of volatility can be derived from derivative instruments written on Bruush Oral's to be redeemed at a future date.Transformation |
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Bruush Oral Projected Return Density Against Market
Given the investment horizon of 90 days the stock has the beta coefficient of 9.7281 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, Bruush Oral 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 Bruush Oral or Personal Care Products 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 Bruush Oral'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 Bruush delisted 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.
Bruush Oral Care has an alpha of 2.0754, implying that it can generate a 2.08 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Predicted Return Density |
| Returns |
What Drives a Bruush Oral Price Volatility?
Several factors can influence a delisted 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.Bruush Oral Stock Risk Measures
Given the investment horizon of 90 days the coefficient of variation of Bruush Oral is -484.87. The daily returns are distributed with a variance of 534.58 and standard deviation of 23.12. The mean deviation of Bruush Oral Care is currently at 17.19. For similar time horizon, the selected benchmark (Dow Jones Industrial) has volatility of 0.77
α | Alpha over Dow Jones | 2.08 | |
β | Beta against Dow Jones | 9.73 | |
σ | Overall volatility | 23.12 | |
Ir | Information ratio | 0.05 |
Bruush Oral Stock Return Volatility
Bruush Oral historical daily return volatility represents how much of Bruush Oral delisted stock's daily returns swing around its mean - it is a statistical measure of its dispersion of returns. The firm inherits 23.121% risk (volatility on return distribution) over the 90 days horizon. By contrast, Dow Jones Industrial accepts 0.7626% volatility on return distribution over the 90 days horizon. Performance |
| Timeline |
About Bruush Oral Volatility
Volatility is a rate at which the price of Bruush Oral 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 Bruush Oral may increase or decrease. In other words, similar to Bruush's beta indicator, it measures the risk of Bruush Oral and helps estimate the fluctuations that may happen in a short period of time. So if prices of Bruush Oral 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.Bruush Oral Care Inc., an oral care company, manufactures and sells electric toothbrushes in the United States and Canada. Bruush Oral Care Inc. was incorporated in 2017 and is headquartered in Toronto, Canada. Bruush Oral operates under Household Personal Products classification in the United States and is traded on NASDAQ Exchange.
Bruush Oral'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 Bruush Stock over a specified period of time, often expressed as the standard deviation of daily returns. In other words, it measures how much Bruush Oral's price varies over time.
3 ways to utilize Bruush Oral's volatility to invest better
Higher Bruush Oral's stock volatility means that the price of its stock is changing rapidly and unpredictably, while lower stock volatility indicates that the price of Bruush Oral Care 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. Bruush Oral Care 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 Bruush Oral Care investment. A higher volatility means higher risk and potentially larger changes in value.
- Identifying Opportunities: High volatility in Bruush Oral'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 Bruush Oral's stock relates to your other investments can help you create a well-diversified portfolio of assets with varying levels of risk.
Bruush Oral Investment Opportunity
Bruush Oral Care has a volatility of 23.12 and is 30.42 times more volatile than Dow Jones Industrial. 96 percent of all equities and portfolios are less risky than Bruush Oral. You can use Bruush Oral Care to protect your portfolios against small market fluctuations. The stock experiences a very speculative upward sentiment. Check odds of Bruush Oral to be traded at $5.0E-4 in 90 days.Average diversification
The correlation between Bruush Oral Care and DJI is 0.12 (i.e., Average diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Bruush Oral Care and DJI in the same portfolio, assuming nothing else is changed.
Bruush Oral Additional Risk Indicators
The analysis of Bruush Oral'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 Bruush Oral's investment and either accepting that risk or mitigating it. Along with some common measures of Bruush Oral 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 | 0.05 | |||
| Market Risk Adjusted Performance | 0.3441 | |||
| Mean Deviation | 30.88 | |||
| Semi Deviation | 29.46 | |||
| Downside Deviation | 35.96 | |||
| Coefficient Of Variation | 1909.1 | |||
| Standard Deviation | 62.24 |
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 delisted stocks with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.
Bruush Oral 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 Bruush Oral 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. Bruush Oral'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, Bruush Oral'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 Bruush Oral Care.
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 state. You can also try the Transaction History module to view history of all your transactions and understand their impact on performance.
Other Consideration for investing in Bruush Stock
If you are still planning to invest in Bruush Oral Care 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 Bruush Oral's history and understand the potential risks before investing.
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