Bespoke Extracts Stock Volatility
| BSPK Stock | USD 0.25 0.03 10.71% |
Bespoke Extracts appears to be out of control, given 3 months investment horizon. Bespoke Extracts secures Sharpe Ratio (or Efficiency) of 0.0682, which signifies that the company had a 0.0682 % return per unit of risk over the last 3 months. By analyzing Bespoke Extracts' technical indicators, you can evaluate if the expected return of 0.9% is justified by implied risk. Please makes use of Bespoke Extracts' Downside Deviation of 27.28, risk adjusted performance of 0.0596, and Mean Deviation of 6.14 to double-check if our risk estimates are consistent with your expectations.
Sharpe Ratio = 0.0682
| High Returns | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | BSPK | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Based on monthly moving average Bespoke Extracts is performing at about 5% of its full potential. 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 Bespoke Extracts by adding it to a well-diversified portfolio.
Key indicators related to Bespoke Extracts' volatility include:90 Days Market Risk | Chance Of Distress | 90 Days Economic Sensitivity |
Bespoke Extracts OTC 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 Bespoke daily returns, and it is calculated using variance and standard deviation. We also use Bespoke's beta, its sensitivity to the market, as well as its odds of financial distress to provide a more practical estimation of Bespoke Extracts volatility.
Bespoke |
Downward market volatility can be a perfect environment for investors who play the long game. Here, they may decide to buy additional stocks of Bespoke Extracts at lower prices. For example, an investor can purchase Bespoke 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 Bespoke Extracts' market risk premium analysis include:
Beta (0.18) | Alpha 0.9 | Risk 13.2 | Sharpe Ratio 0.0682 | Expected Return 0.9 |
Moving together with Bespoke OTC Stock
Moving against Bespoke OTC Stock
| 0.46 | T | ATT Inc Earnings Call Tomorrow | PairCorr |
| 0.38 | MMM | 3M Company | PairCorr |
| 0.37 | VZ | Verizon Communications Earnings Call This Week | PairCorr |
| 0.31 | IBM | International Business Earnings Call Tomorrow | PairCorr |
Bespoke Extracts Market Sensitivity And Downside Risk
Bespoke Extracts' beta coefficient measures the volatility of Bespoke otc 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 Bespoke otc stock's returns against your selected market. In other words, Bespoke Extracts's beta of -0.18 provides an investor with an approximation of how much risk Bespoke Extracts otc stock can potentially add to one of your existing portfolios. Bespoke Extracts is showing large volatility of returns over the selected time horizon. Bespoke Extracts is a potential penny stock. Although Bespoke Extracts may be in fact a good instrument to invest, many penny otc 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 Bespoke Extracts. 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 Bespoke instrument if you perfectly time your entry and exit. However, remember that penny otcs 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 Bespoke Extracts Demand TrendCheck current 90 days Bespoke Extracts correlation with market (Dow Jones Industrial)Bespoke Extracts Volatility and Downside Risk
Bespoke 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.
Bespoke Extracts OTC Stock Volatility Analysis
Volatility refers to the frequency at which Bespoke Extracts otc price increases or decreases within a specified period. These fluctuations usually indicate the level of risk that's associated with Bespoke Extracts' price changes. Investors will then calculate the volatility of Bespoke Extracts' otc stock to predict their future moves. A otc that has erratic price changes quickly hits new highs, and lows are considered highly volatile. A otc stock with relatively stable price changes has low volatility. A highly volatile otc 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 Bespoke Extracts' volatility:
Historical Volatility
This type of otc volatility measures Bespoke Extracts' fluctuations based on previous trends. It's commonly used to predict Bespoke Extracts' future behavior based on its past. However, it cannot conclusively determine the future direction of the otc stock.Implied Volatility
This type of volatility provides a positive outlook on future price fluctuations for Bespoke Extracts' current market price. This means that the otc will return to its initially predicted market price. This type of volatility can be derived from derivative instruments written on Bespoke Extracts' 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. Bespoke Extracts 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.
Bespoke Extracts Projected Return Density Against Market
Given the investment horizon of 90 days Bespoke Extracts has a beta of -0.1773 suggesting as returns on the benchmark increase, returns on holding Bespoke Extracts are expected to decrease at a much lower rate. During a bear market, however, Bespoke Extracts 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 Bespoke Extracts or Pharmaceuticals 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 Bespoke Extracts' price will be affected by overall otc 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 Bespoke otc'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.
Bespoke Extracts has an alpha of 0.9023, implying that it can generate a 0.9 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Predicted Return Density |
| Returns |
What Drives a Bespoke Extracts Price Volatility?
Several factors can influence a otc'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.Bespoke Extracts OTC Stock Risk Measures
Given the investment horizon of 90 days the coefficient of variation of Bespoke Extracts is 1466.62. The daily returns are distributed with a variance of 174.22 and standard deviation of 13.2. The mean deviation of Bespoke Extracts is currently at 6.14. For similar time horizon, the selected benchmark (Dow Jones Industrial) has volatility of 0.74
α | Alpha over Dow Jones | 0.90 | |
β | Beta against Dow Jones | -0.18 | |
σ | Overall volatility | 13.20 | |
Ir | Information ratio | 0.06 |
Bespoke Extracts OTC Stock Return Volatility
Bespoke Extracts historical daily return volatility represents how much of Bespoke Extracts otc's daily returns swing around its mean - it is a statistical measure of its dispersion of returns. The company inherits 13.1993% risk (volatility on return distribution) over the 90 days horizon. By contrast, Dow Jones Industrial accepts 0.7494% volatility on return distribution over the 90 days horizon. Performance |
| Timeline |
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
| High negative correlations
|
Risk-Adjusted Indicators
There is a big difference between Bespoke OTC Stock performing well and Bespoke Extracts OTC Stock 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 Bespoke Extracts' 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| LVRLF | 13.19 | 1.94 | 0.08 | 1.62 | 14.67 | 37.04 | 181.72 | |||
| KAYS | 9.67 | 0.71 | 0.04 | (1.34) | 11.07 | 30.50 | 78.32 | |||
| KHRNF | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
| KOAN | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
| EVIO | 32.89 | 14.20 | 0.00 | (1.05) | 0.00 | 0.00 | 1,100 | |||
| CVGRF | 28.94 | 8.99 | 0.47 | 0.52 | 17.49 | 29.81 | 741.79 | |||
| PBFFF | 6.03 | 0.73 | 0.00 | 1.72 | 0.00 | 8.00 | 159.74 | |||
| GENPF | 3.32 | 0.83 | 0.00 | (0.15) | 0.00 | 0.00 | 158.17 | |||
| ANTCF | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
| HEMP | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
About Bespoke Extracts Volatility
Volatility is a rate at which the price of Bespoke Extracts 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 Bespoke Extracts may increase or decrease. In other words, similar to Bespoke's beta indicator, it measures the risk of Bespoke Extracts and helps estimate the fluctuations that may happen in a short period of time. So if prices of Bespoke Extracts 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.Bespoke Extracts, Inc. provides hemp-derived cannabidiol products. The company was formerly known as DiMi Telematics International, Inc. and changed its name to Bespoke Extracts, Inc. in March 2017. Bespoke Extracts is traded on OTC Exchange in the United States.
Bespoke Extracts' 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 Bespoke OTC Stock over a specified period of time, often expressed as the standard deviation of daily returns. In other words, it measures how much Bespoke Extracts' price varies over time.
3 ways to utilize Bespoke Extracts' volatility to invest better
Higher Bespoke Extracts' stock volatility means that the price of its stock is changing rapidly and unpredictably, while lower stock volatility indicates that the price of Bespoke Extracts 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. Bespoke Extracts 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 Bespoke Extracts investment. A higher volatility means higher risk and potentially larger changes in value.
- Identifying Opportunities: High volatility in Bespoke Extracts' 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 Bespoke Extracts' stock relates to your other investments can help you create a well-diversified portfolio of assets with varying levels of risk.
Bespoke Extracts Investment Opportunity
Bespoke Extracts has a volatility of 13.2 and is 17.6 times more volatile than Dow Jones Industrial. 96 percent of all equities and portfolios are less risky than Bespoke Extracts. You can use Bespoke Extracts to protect your portfolios against small market fluctuations. The otc stock experiences a very speculative downward sentiment. The market maybe over-reacting. Check odds of Bespoke Extracts to be traded at $0.2375 in 90 days.Weak diversification
The correlation between Bespoke Extracts 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 Bespoke Extracts and DJI in the same portfolio, assuming nothing else is changed.
Bespoke Extracts Additional Risk Indicators
The analysis of Bespoke Extracts' 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 Bespoke Extracts' investment and either accepting that risk or mitigating it. Along with some common measures of Bespoke Extracts otc 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 | 0.0596 | |||
| Market Risk Adjusted Performance | (5.01) | |||
| Mean Deviation | 6.14 | |||
| Semi Deviation | 9.22 | |||
| Downside Deviation | 27.28 | |||
| Coefficient Of Variation | 1466.62 | |||
| Standard Deviation | 13.2 |
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential otc stocks, we recommend comparing similar otcs with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.
Bespoke Extracts 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 Bespoke Extracts 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. Bespoke Extracts' 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, Bespoke Extracts' 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 Bespoke Extracts.
Other Information on Investing in Bespoke OTC Stock
Bespoke Extracts financial ratios help investors to determine whether Bespoke OTC Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Bespoke with respect to the benefits of owning Bespoke Extracts security.