Bitech Technologies Stock Volatility
| BTTC Stock | USD 0.07 0.01 12.50% |
At this point, Bitech Technologies is out of control. Bitech Technologies secures Sharpe Ratio (or Efficiency) of 0.0272, which signifies that the company had a 0.0272% return per unit of risk over the last 3 months. We have found thirty technical indicators for Bitech Technologies, which you can use to evaluate the volatility of the firm. Please confirm Bitech Technologies' Mean Deviation of 2.94, downside deviation of 9.15, and Risk Adjusted Performance of 0.0611 to double-check if the risk estimate we provide is consistent with the expected return of 0.15%. Key indicators related to Bitech Technologies' volatility include:
30 Days Market Risk | Chance Of Distress | 30 Days Economic Sensitivity |
Bitech Technologies 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 Bitech daily returns, and it is calculated using variance and standard deviation. We also use Bitech's beta, its sensitivity to the market, as well as its odds of financial distress to provide a more practical estimation of Bitech Technologies volatility.
Bitech |
Since volatility provides investors with entry points to take advantage of stock prices, companies, such as Bitech Technologies 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 Bitech Technologies at lower prices to lower their average cost per share. Similarly, when the prices of Bitech Technologies' stock rise, investors can sell out and invest the proceeds in other equities with better opportunities.
Bitech Technologies Market Sensitivity And Downside Risk
Bitech Technologies' beta coefficient measures the volatility of Bitech 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 Bitech otc stock's returns against your selected market. In other words, Bitech Technologies's beta of 0.62 provides an investor with an approximation of how much risk Bitech Technologies otc stock can potentially add to one of your existing portfolios. Bitech Technologies is showing large volatility of returns over the selected time horizon. Bitech Technologies is a penny stock. Although Bitech Technologies may be in fact a good investment, many penny otc stocks are subject to artificial price hype. Make sure you completely understand the upside potential and downside risk of investing in Bitech Technologies. We encourage investors to look for signals such as message board hypes, claims of breakthroughs, email spams, sudden volume upswings, and other similar hype indicators. We also encourage traders to check biographies and work history of company officers before investing in instruments with high volatility. You can indeed make money on Bitech 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 Bitech Technologies Demand TrendCheck current 90 days Bitech Technologies correlation with market (Dow Jones Industrial)Bitech Beta |
Bitech 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 | 5.58 |
It is essential to understand the difference between upside risk (as represented by Bitech Technologies's standard deviation) and the downside risk, which can be measured by semi-deviation or downside deviation of Bitech Technologies' daily returns or price. Since the actual investment returns on holding a position in bitech otc 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 Bitech Technologies.
Bitech Technologies OTC Stock Volatility Analysis
Volatility refers to the frequency at which Bitech Technologies otc price increases or decreases within a specified period. These fluctuations usually indicate the level of risk that's associated with Bitech Technologies' price changes. Investors will then calculate the volatility of Bitech Technologies' 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 Bitech Technologies' volatility:
Historical Volatility
This type of otc volatility measures Bitech Technologies' fluctuations based on previous trends. It's commonly used to predict Bitech Technologies' 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 Bitech Technologies' 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 Bitech Technologies' 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. Bitech Technologies 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.
Bitech Technologies Projected Return Density Against Market
Given the investment horizon of 90 days Bitech Technologies has a beta of 0.6211 suggesting as returns on the market go up, Bitech Technologies average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Bitech Technologies will be expected to be much smaller as well.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 Bitech Technologies or Technology 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 Bitech Technologies' 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 Bitech 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.
Bitech Technologies has an alpha of 0.3127, implying that it can generate a 0.31 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Predicted Return Density |
| Returns |
What Drives a Bitech Technologies 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.Bitech Technologies OTC Stock Risk Measures
Given the investment horizon of 90 days the coefficient of variation of Bitech Technologies is 3671.67. The daily returns are distributed with a variance of 31.18 and standard deviation of 5.58. The mean deviation of Bitech Technologies is currently at 2.64. For similar time horizon, the selected benchmark (Dow Jones Industrial) has volatility of 0.77
α | Alpha over Dow Jones | 0.31 | |
β | Beta against Dow Jones | 0.62 | |
σ | Overall volatility | 5.58 | |
Ir | Information ratio | 0.05 |
Bitech Technologies OTC Stock Return Volatility
Bitech Technologies historical daily return volatility represents how much of Bitech Technologies otc's daily returns swing around its mean - it is a statistical measure of its dispersion of returns. The firm inherits 5.5836% risk (volatility on return distribution) over the 90 days horizon. By contrast, Dow Jones Industrial accepts 0.7796% volatility on return distribution over the 90 days horizon. Performance |
| Timeline |
About Bitech Technologies Volatility
Volatility is a rate at which the price of Bitech Technologies 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 Bitech Technologies may increase or decrease. In other words, similar to Bitech's beta indicator, it measures the risk of Bitech Technologies and helps estimate the fluctuations that may happen in a short period of time. So if prices of Bitech Technologies 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.Bitech Technologies Corporation provides a suite of revolutionary electrical power generation technologies to the cryptocurrency mining industry. The company was founded in 2021 and is based in Costa Mesa, California. Bitech Technologies operates under SoftwareApplication classification in the United States and is traded on OTC Exchange. It employs 2 people.
Bitech Technologies' 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 Bitech OTC Stock over a specified period of time, often expressed as the standard deviation of daily returns. In other words, it measures how much Bitech Technologies' price varies over time.
3 ways to utilize Bitech Technologies' volatility to invest better
Higher Bitech Technologies' stock volatility means that the price of its stock is changing rapidly and unpredictably, while lower stock volatility indicates that the price of Bitech Technologies 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. Bitech Technologies 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 Bitech Technologies investment. A higher volatility means higher risk and potentially larger changes in value.
- Identifying Opportunities: High volatility in Bitech Technologies' 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 Bitech Technologies' stock relates to your other investments can help you create a well-diversified portfolio of assets with varying levels of risk.
Bitech Technologies Investment Opportunity
Bitech Technologies has a volatility of 5.58 and is 7.15 times more volatile than Dow Jones Industrial. 49 percent of all equities and portfolios are less risky than Bitech Technologies. You can use Bitech Technologies 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 Bitech Technologies to be traded at $0.0665 in 90 days.Significant diversification
The correlation between Bitech Technologies and DJI is 0.08 (i.e., Significant diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Bitech Technologies and DJI in the same portfolio, assuming nothing else is changed.
Bitech Technologies Additional Risk Indicators
The analysis of Bitech Technologies' 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 Bitech Technologies' investment and either accepting that risk or mitigating it. Along with some common measures of Bitech Technologies 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 | 0.0611 | |||
| Market Risk Adjusted Performance | 0.6342 | |||
| Mean Deviation | 2.94 | |||
| Semi Deviation | 3.89 | |||
| Downside Deviation | 9.15 | |||
| Coefficient Of Variation | 1463.48 | |||
| Standard Deviation | 5.82 |
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.
Bitech Technologies 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 Bitech Technologies 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. Bitech Technologies' 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, Bitech Technologies' 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 Bitech Technologies.
Complementary Tools for Bitech OTC Stock analysis
When running Bitech Technologies' price analysis, check to measure Bitech Technologies' 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 Bitech Technologies is operating at the current time. Most of Bitech Technologies' value examination focuses on studying past and present price action to predict the probability of Bitech Technologies' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Bitech Technologies' price. Additionally, you may evaluate how the addition of Bitech Technologies to your portfolios can decrease your overall portfolio volatility.
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