Code Green Apparel Stock Volatility
| CGAC Stock | USD 0.0001 0.0001 50.00% |
Code Green is out of control given 3 months investment horizon. Code Green Apparel secures Sharpe Ratio (or Efficiency) of 0.27, which signifies that the company had a 0.27 % return per unit of standard deviation over the last 3 months. We were able to analyze nineteen different technical indicators, which can help you to evaluate if expected returns of 75.41% are justified by taking the suggested risk. Use Code Green mean deviation of 5.97, and Risk Adjusted Performance of 0.0634 to evaluate company specific risk that cannot be diversified away.
Sharpe Ratio = 0.2686
| High Returns | Best Equity | CGAC | ||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Based on monthly moving average Code Green is performing at about 21% 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 Code Green by adding it to a well-diversified portfolio.
Key indicators related to Code Green's volatility include:30 Days Market Risk | Chance Of Distress | 30 Days Economic Sensitivity |
Code Green 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 Code daily returns, and it is calculated using variance and standard deviation. We also use Code's beta, its sensitivity to the market, as well as its odds of financial distress to provide a more practical estimation of Code Green volatility.
Code |
Since volatility provides investors with entry points to take advantage of stock prices, companies, such as Code Green 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 Code Green at lower prices to lower their average cost per share. Similarly, when the prices of Code Green's stock rise, investors can sell out and invest the proceeds in other equities with better opportunities. Main indicators related to Code Green's market risk premium analysis include:
Beta (2.67) | Alpha 1.77 | Risk 280.72 | Sharpe Ratio 0.27 | Expected Return 75.41 |
Moving against Code Pink Sheet
Code Green Market Sensitivity And Downside Risk
Code Green's beta coefficient measures the volatility of Code 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 Code pink sheet's returns against your selected market. In other words, Code Green's beta of -2.67 provides an investor with an approximation of how much risk Code Green pink sheet can potentially add to one of your existing portfolios. Code Green Apparel is displaying above-average volatility over the selected time horizon. Code Green Apparel appears to be a penny stock. Although Code Green Apparel may be, in fact, a solid short-term or long term investment, many penny pink sheets 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 Code Green Apparel 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 Code 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 Code Green Apparel Demand TrendCheck current 90 days Code Green correlation with market (Dow Jones Industrial)Code Green Volatility and Downside Risk
Code 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.
Code Green Apparel Pink Sheet Volatility Analysis
Volatility refers to the frequency at which Code Green pink sheet price increases or decreases within a specified period. These fluctuations usually indicate the level of risk that's associated with Code Green's price changes. Investors will then calculate the volatility of Code Green'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 Code Green's volatility:
Historical Volatility
This type of pink sheet volatility measures Code Green's fluctuations based on previous trends. It's commonly used to predict Code Green'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 Code Green'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 Code Green'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. Code Green Apparel 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.
Code Green Projected Return Density Against Market
Given the investment horizon of 90 days Code Green Apparel has a beta of -2.6706 suggesting as returns on its benchmark rise, returns on holding Code Green Apparel are expected to decrease by similarly larger amounts. On the other hand, during market turmoils, Code Green is expected to outperform its benchmark.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 Code Green or Consumer Cyclical 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 Code Green'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 Code 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.
Code Green Apparel has an alpha of 1.771, implying that it can generate a 1.77 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Predicted Return Density |
| Returns |
What Drives a Code Green 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.Code Green Pink Sheet Risk Measures
Given the investment horizon of 90 days the coefficient of variation of Code Green is 372.25. The daily returns are distributed with a variance of 78801.91 and standard deviation of 280.72. The mean deviation of Code Green Apparel is currently at 153.18. For similar time horizon, the selected benchmark (Dow Jones Industrial) has volatility of 0.69
α | Alpha over Dow Jones | 1.77 | |
β | Beta against Dow Jones | -2.67 | |
σ | Overall volatility | 280.72 | |
Ir | Information ratio | 0.07 |
Code Green Pink Sheet Return Volatility
Code Green historical daily return volatility represents how much of Code Green pink sheet's daily returns swing around its mean - it is a statistical measure of its dispersion of returns. The firm inherits 280.7168% risk (volatility on return distribution) over the 90 days horizon. By contrast, Dow Jones Industrial accepts 0.6994% 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 Code Pink Sheet performing well and Code Green 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 Code Green'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| BLUU | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
| TUGAF | 7.98 | 1.85 | 0.00 | 0.60 | 0.00 | 0.00 | 174.72 | |||
| OMTK | 8.95 | 1.46 | 0.00 | 3.30 | 0.00 | 0.00 | 150.00 | |||
| SCFFF | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
| GMBL | 9.11 | (0.16) | 0.01 | 0.07 | 11.64 | 29.73 | 75.63 | |||
| WNRS | 15.69 | 3.40 | 0.18 | 1.38 | 12.22 | 33.33 | 250.64 | |||
| SNSGF | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
| NNAX | 4.25 | 0.67 | 0.00 | 0.74 | 0.00 | 25.00 | 58.33 | |||
| FBCD | 30.56 | 8.75 | 0.16 | (1.96) | 22.38 | 100.00 | 150.00 | |||
| LYJN | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
About Code Green Volatility
Volatility is a rate at which the price of Code Green 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 Code Green may increase or decrease. In other words, similar to Code's beta indicator, it measures the risk of Code Green and helps estimate the fluctuations that may happen in a short period of time. So if prices of Code Green 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.Code Green Apparel Corp. designs, manufactures, and distributes apparel products from eco-friendly and sustainable recycled textiles worldwide. Code Green Apparel Corp. was founded in 2007 and is based in Laguna Beach, California. Code Green operates under Apparel Manufacturing classification in the United States and is traded on OTC Exchange. It employs 2 people.
Code Green'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 Code Pink Sheet over a specified period of time, often expressed as the standard deviation of daily returns. In other words, it measures how much Code Green's price varies over time.
3 ways to utilize Code Green's volatility to invest better
Higher Code Green's stock volatility means that the price of its stock is changing rapidly and unpredictably, while lower stock volatility indicates that the price of Code Green Apparel 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. Code Green Apparel 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 Code Green Apparel investment. A higher volatility means higher risk and potentially larger changes in value.
- Identifying Opportunities: High volatility in Code Green'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 Code Green's stock relates to your other investments can help you create a well-diversified portfolio of assets with varying levels of risk.
Code Green Investment Opportunity
Code Green Apparel has a volatility of 280.72 and is 401.03 times more volatile than Dow Jones Industrial. 96 percent of all equities and portfolios are less risky than Code Green. You can use Code Green Apparel to protect your portfolios against small market fluctuations. The pink sheet experiences a very speculative downward sentiment. The market maybe over-reacting. Check odds of Code Green to be traded at $1.0E-4 in 90 days.Good diversification
The correlation between Code Green Apparel and DJI is -0.09 (i.e., Good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Code Green Apparel and DJI in the same portfolio, assuming nothing else is changed.
Code Green Additional Risk Indicators
The analysis of Code Green'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 Code Green's investment and either accepting that risk or mitigating it. Along with some common measures of Code Green 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 | 0.0634 | |||
| Market Risk Adjusted Performance | (0.55) | |||
| Mean Deviation | 5.97 | |||
| Coefficient Of Variation | 1290.44 | |||
| Standard Deviation | 19.55 | |||
| Variance | 382.28 | |||
| Information Ratio | 0.0719 |
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.
Code Green 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.
| Alphabet vs. Code Green | ||
| Visa vs. Code Green | ||
| GM vs. Code Green | ||
| Microsoft vs. Code Green | ||
| Ford vs. Code Green | ||
| Walker Dunlop vs. Code Green |
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 Code Green 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. Code Green'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, Code Green'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 Code Green Apparel.
Complementary Tools for Code Pink Sheet analysis
When running Code Green's price analysis, check to measure Code Green'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 Code Green is operating at the current time. Most of Code Green's value examination focuses on studying past and present price action to predict the probability of Code Green's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Code Green's price. Additionally, you may evaluate how the addition of Code Green to your portfolios can decrease your overall portfolio volatility.
| Premium Stories Follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope | |
| Transaction History View history of all your transactions and understand their impact on performance | |
| Money Managers Screen money managers from public funds and ETFs managed around the world | |
| Equity Forecasting Use basic forecasting models to generate price predictions and determine price momentum | |
| Commodity Directory Find actively traded commodities issued by global exchanges | |
| Performance Analysis Check effects of mean-variance optimization against your current asset allocation | |
| Fundamental Analysis View fundamental data based on most recent published financial statements | |
| Headlines Timeline Stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity | |
| Price Exposure Probability Analyze equity upside and downside potential for a given time horizon across multiple markets |