China Aviation Oil Volatility
| CAOLFDelisted Stock | USD 0.55 0.00 0.00% |
We have found seventeen technical indicators for China Aviation Oil, which you can use to evaluate the volatility of the firm. Please confirm China Aviation's Risk Adjusted Performance of 0.0672, standard deviation of 0.2279, and Mean Deviation of 0.0553 to double-check if the risk estimate we provide is consistent with the expected return of 0.0%. Key indicators related to China Aviation's volatility include:
30 Days Market Risk | Chance Of Distress | 30 Days Economic Sensitivity |
China Aviation 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 China daily returns, and it is calculated using variance and standard deviation. We also use China's beta, its sensitivity to the market, as well as its odds of financial distress to provide a more practical estimation of China Aviation volatility.
China |
Since volatility provides investors with entry points to take advantage of stock prices, companies, such as China Aviation 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 China Aviation at lower prices to lower their average cost per share. Similarly, when the prices of China Aviation's stock rise, investors can sell out and invest the proceeds in other equities with better opportunities.
Moving against China Pink Sheet
| 0.78 | NTOIY | Neste Oyj | PairCorr |
| 0.74 | IDKOF | Idemitsu Kosan CoLtd | PairCorr |
| 0.71 | MPC | Marathon Petroleum Corp | PairCorr |
| 0.69 | CTXAY | Ampol Ltd ADR | PairCorr |
| 0.68 | NTOIF | Neste Oyj | PairCorr |
| 0.45 | JXHLY | Eneos Holdings ADR | PairCorr |
China Aviation Market Sensitivity And Downside Risk
China Aviation's beta coefficient measures the volatility of China 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 China pink sheet's returns against your selected market. In other words, China Aviation's beta of 0.0459 provides an investor with an approximation of how much risk China Aviation pink sheet can potentially add to one of your existing portfolios. China Aviation Oil exhibits very low volatility with skewness of 8.12 and kurtosis of 66.0. China Aviation Oil is a potential penny stock. Although China Aviation 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 China Aviation Oil. 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 China 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 China Aviation Oil Demand TrendCheck current 90 days China Aviation correlation with market (Dow Jones Industrial)China Beta |
China 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 | 0.0 |
It is essential to understand the difference between upside risk (as represented by China Aviation's standard deviation) and the downside risk, which can be measured by semi-deviation or downside deviation of China Aviation's daily returns or price. Since the actual investment returns on holding a position in china 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 China Aviation.
China Aviation Oil Pink Sheet Volatility Analysis
Volatility refers to the frequency at which China Aviation pink sheet price increases or decreases within a specified period. These fluctuations usually indicate the level of risk that's associated with China Aviation's price changes. Investors will then calculate the volatility of China Aviation'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 China Aviation's volatility:
Historical Volatility
This type of pink sheet volatility measures China Aviation's fluctuations based on previous trends. It's commonly used to predict China Aviation'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 China Aviation'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 China Aviation's to be redeemed at a future date.Transformation |
We are not able to run technical analysis function on this symbol. We either do not have that equity or its historical data is not available at this time. Please try again later.
China Aviation Projected Return Density Against Market
Assuming the 90 days horizon China Aviation has a beta of 0.0459 suggesting as returns on the market go up, China Aviation average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding China Aviation Oil 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 China Aviation or Energy 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 China Aviation'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 China 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.
China Aviation Oil has an alpha of 0.0128, implying that it can generate a 0.0128 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Predicted Return Density |
| Returns |
What Drives a China Aviation 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.China Aviation Pink Sheet Return Volatility
China Aviation historical daily return volatility represents how much of China Aviation 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 0.7311% volatility on return distribution over the 90 days horizon. Performance |
| Timeline |
About China Aviation Volatility
Volatility is a rate at which the price of China Aviation 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 China Aviation may increase or decrease. In other words, similar to China's beta indicator, it measures the risk of China Aviation and helps estimate the fluctuations that may happen in a short period of time. So if prices of China Aviation 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.China Aviation Oil Corporation Ltd. engages in trading jet fuel and other petroleum products to airline companies worldwide. China Aviation Oil Corporation Ltd. is a subsidiary of China National Aviation Fuel Group Limited. China Aviation is traded on OTC Exchange in the United States.
China Aviation'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 China Pink Sheet over a specified period of time, often expressed as the standard deviation of daily returns. In other words, it measures how much China Aviation's price varies over time.
3 ways to utilize China Aviation's volatility to invest better
Higher China Aviation's stock volatility means that the price of its stock is changing rapidly and unpredictably, while lower stock volatility indicates that the price of China Aviation Oil 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. China Aviation Oil 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 China Aviation Oil investment. A higher volatility means higher risk and potentially larger changes in value.
- Identifying Opportunities: High volatility in China Aviation'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 China Aviation's stock relates to your other investments can help you create a well-diversified portfolio of assets with varying levels of risk.
China Aviation Investment Opportunity
Dow Jones Industrial has a standard deviation of returns of 0.73 and is 9.223372036854776E16 times more volatile than China Aviation Oil. Compared to the overall equity markets, volatility of historical daily returns of China Aviation Oil is lower than 0 percent of all global equities and portfolios over the last 90 days. You can use China Aviation Oil to protect your portfolios against small market fluctuations. The pink sheet experiences a normal downward fluctuation but is a risky buy. Check odds of China Aviation to be traded at $0.5445 in 90 days.Average diversification
The correlation between China Aviation Oil and DJI is 0.15 (i.e., Average diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding China Aviation Oil and DJI in the same portfolio, assuming nothing else is changed.
China Aviation Additional Risk Indicators
The analysis of China Aviation'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 China Aviation's investment and either accepting that risk or mitigating it. Along with some common measures of China Aviation 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 | 0.0672 | |||
| Market Risk Adjusted Performance | 0.4034 | |||
| Mean Deviation | 0.0553 | |||
| Coefficient Of Variation | 812.4 | |||
| Standard Deviation | 0.2279 | |||
| Variance | 0.052 | |||
| Information Ratio | (0.42) |
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.
China Aviation 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 China Aviation 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. China Aviation'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, China Aviation'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 China Aviation Oil.
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 Sign In To Macroaxis module to sign in to explore Macroaxis' wealth optimization platform and fintech modules.
Other Consideration for investing in China Pink Sheet
If you are still planning to invest in China Aviation Oil 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 China Aviation's history and understand the potential risks before investing.
| Aroon Oscillator Analyze current equity momentum using Aroon Oscillator and other momentum ratios | |
| Watchlist Optimization Optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm | |
| Equity Valuation Check real value of public entities based on technical and fundamental data | |
| Equity Forecasting Use basic forecasting models to generate price predictions and determine price momentum | |
| My Watchlist Analysis Analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like |