China Cable And Stock Volatility
| CCCI Stock | USD 0.00001 0.00 0.00% |
China Cable 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 were able to break down two different technical indicators, which can help you to evaluate if expected returns of 16.39% are justified by taking the suggested risk.
Sharpe Ratio = 0.128
| High Returns | Best Equity | CCCI | ||
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Based on monthly moving average China Cable is performing at about 10% 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 China Cable by adding it to a well-diversified portfolio.
Key indicators related to China Cable's volatility include:90 Days Market Risk | Chance Of Distress | 90 Days Economic Sensitivity |
China Cable 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 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 Cable volatility.
China Cable Stock Volatility Analysis
Volatility refers to the frequency at which China Cable stock price increases or decreases within a specified period. These fluctuations usually indicate the level of risk that's associated with China Cable's price changes. Investors will then calculate the volatility of China Cable's stock to predict their future moves. A 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 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 China Cable's volatility:
Historical Volatility
This type of stock volatility measures China Cable's fluctuations based on previous trends. It's commonly used to predict China Cable'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 China Cable's current market price. This means that the stock will return to its initially predicted market price. This type of volatility can be derived from derivative instruments written on China Cable'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. China Cable 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.
China Cable Projected Return Density Against Market
Given the investment horizon of 90 days China Cable has a beta that is very close to zero suggesting the returns on DOW JONES INDUSTRIAL and China Cable do not appear to be responsive.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 Cable or Communication Services 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 Cable'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 China 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.
Predicted Return Density |
| Returns |
What Drives a China Cable Price Volatility?
Several factors can influence a 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 investor attention to the company. This positive attention may impact the company's stock price. In contrast, product recalls and data breaches may negatively influence a company's stock prices.China Cable Stock Risk Measures
Given the investment horizon of 90 days the coefficient of variation of China Cable is 781.02. The daily returns are distributed with a variance of 16393.44 and standard deviation of 128.04. The mean deviation of China Cable and is currently at 32.25. For similar time horizon, the selected benchmark (Dow Jones Industrial) has volatility of 0.81
α | Alpha over Dow Jones | 0.00 | |
β | Beta against Dow Jones | 0.00 | |
σ | Overall volatility | 128.04 | |
Ir | Information ratio | 0.00 |
China Cable Stock Return Volatility
China Cable historical daily return volatility represents how much of China Cable stock's daily returns swing around its mean - it is a statistical measure of its dispersion of returns. The firm inherits 128.0369% risk (volatility on return distribution) over the 90 days horizon. By contrast, Dow Jones Industrial accepts 0.7702% 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
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Risk-Adjusted Indicators
There is a big difference between China Stock performing well and China Cable Company 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 China Cable's 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| RFII | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
| CELX | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
| SAPX | 3.03 | 0.23 | 0.00 | 0.00 | 0.00 | 0.00 | 150.00 | |||
| CWTC | 9.00 | 2.45 | 0.00 | 0.32 | 0.00 | 0.00 | 366.67 | |||
| NPNTQ | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
| SNWR | 9.72 | 1.31 | 0.05 | 1.34 | 10.79 | 33.33 | 83.33 | |||
| HOMU | 16.39 | 4.27 | 0.08 | 20.90 | 15.55 | 100.00 | 228.57 | |||
| PSYC | 17.49 | 3.81 | 0.07 | (8.68) | 17.11 | 100.00 | 150.00 | |||
| FRMB | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
| SAKL | 1.98 | 0.28 | 0.00 | 0.60 | 0.00 | 11.11 | 58.33 |
About China Cable Volatility
Volatility is a rate at which the price of China Cable 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 Cable may increase or decrease. In other words, similar to China's beta indicator, it measures the risk of China Cable and helps estimate the fluctuations that may happen in a short period of time. So if prices of China Cable 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.| Last Reported | Projected for Next Year | ||
| Market Cap | 5.2 M | 5.5 M |
China Cable'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 Stock over a specified period of time, often expressed as the standard deviation of daily returns. In other words, it measures how much China Cable's price varies over time.
3 ways to utilize China Cable's volatility to invest better
Higher China Cable'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 Cable 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 Cable 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 Cable investment. A higher volatility means higher risk and potentially larger changes in value.
- Identifying Opportunities: High volatility in China Cable'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 Cable's stock relates to your other investments can help you create a well-diversified portfolio of assets with varying levels of risk.
China Cable Investment Opportunity
China Cable and has a volatility of 128.04 and is 166.29 times more volatile than Dow Jones Industrial. 96 percent of all equities and portfolios are less risky than China Cable. You can use China Cable and to protect your portfolios against small market fluctuations. The stock experiences a normal downward trend, but the immediate impact on correlations cannot be determined at the moment . Check odds of China Cable to be traded at $0.0 in 90 days.Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
| FSLY | Fastly Class A | |
| MOB | Mobilicom Limited American | |
| CMG | Chipotle Mexican Grill | |
| CSAN | Cosan SA ADR | |
| RKT | Rocket Companies | |
| HPE | Hewlett Packard Enterprise |
China Cable 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 Cable 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 Cable'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 Cable'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 Cable and.
Complementary Tools for China Stock analysis
When running China Cable's price analysis, check to measure China Cable'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 China Cable is operating at the current time. Most of China Cable's value examination focuses on studying past and present price action to predict the probability of China Cable's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move China Cable's price. Additionally, you may evaluate how the addition of China Cable to your portfolios can decrease your overall portfolio volatility.
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