Clover Power (Thailand) Volatility
| CV Stock | 0.20 0.01 4.76% |
Clover Power is out of control given 3 months investment horizon. Clover Power PCL secures Sharpe Ratio (or Efficiency) of 0.11, which signifies that the company had a 0.11% return per unit of risk over the last 3 months. We have analyzed twenty-eight different technical indicators, which can help you to evaluate if expected returns of 14.7% are justified by taking the suggested risk. Use Clover Power Risk Adjusted Performance of 0.0585, mean deviation of 3.95, and Downside Deviation of 4.89 to evaluate company specific risk that cannot be diversified away.
Clover |
Clover Power 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 Clover daily returns, and it is calculated using variance and standard deviation. We also use Clover's beta, its sensitivity to the market, as well as its odds of financial distress to provide a more practical estimation of Clover Power volatility.
Downward market volatility can be a perfect environment for investors who play the long game. Here, they may decide to buy additional stocks of Clover Power at lower prices. For example, an investor can purchase Clover 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.
Moving together with Clover Stock
Clover Power Market Sensitivity And Downside Risk
Clover Power's beta coefficient measures the volatility of Clover 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 Clover stock's returns against your selected market. In other words, Clover Power's beta of -0.44 provides an investor with an approximation of how much risk Clover Power stock can potentially add to one of your existing portfolios. Clover Power PCL is displaying above-average volatility over the selected time horizon. Clover Power PCL is a potential penny stock. Although Clover Power may be in fact a good instrument to invest, many penny 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 Clover Power PCL. 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 Clover instrument if you perfectly time your entry and exit. However, remember that penny stocks 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 Clover Power PCL Demand TrendCheck current 90 days Clover Power correlation with market (Dow Jones Industrial)Clover Beta |
Clover 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 | 127.98 |
It is essential to understand the difference between upside risk (as represented by Clover Power's standard deviation) and the downside risk, which can be measured by semi-deviation or downside deviation of Clover Power's daily returns or price. Since the actual investment returns on holding a position in clover 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 Clover Power.
Clover Power PCL Stock Volatility Analysis
Volatility refers to the frequency at which Clover Power stock price increases or decreases within a specified period. These fluctuations usually indicate the level of risk that's associated with Clover Power's price changes. Investors will then calculate the volatility of Clover Power'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 Clover Power's volatility:
Historical Volatility
This type of stock volatility measures Clover Power's fluctuations based on previous trends. It's commonly used to predict Clover Power'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 Clover Power'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 Clover Power'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. Clover Power PCL 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.
Clover Power Projected Return Density Against Market
Assuming the 90 days horizon Clover Power PCL has a beta of -0.444 suggesting as returns on the benchmark increase, returns on holding Clover Power are expected to decrease at a much lower rate. During a bear market, however, Clover Power PCL 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 Clover Power or Clover 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 Clover Power'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 Clover 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.
Clover Power PCL has an alpha of 0.4585, implying that it can generate a 0.46 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Predicted Return Density |
| Returns |
What Drives a Clover Power 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 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.Clover Power Stock Risk Measures
Assuming the 90 days horizon the coefficient of variation of Clover Power is 870.66. The daily returns are distributed with a variance of 16379.26 and standard deviation of 127.98. The mean deviation of Clover Power PCL is currently at 32.52. For similar time horizon, the selected benchmark (Dow Jones Industrial) has volatility of 0.76
α | Alpha over Dow Jones | 0.46 | |
β | Beta against Dow Jones | -0.44 | |
σ | Overall volatility | 127.98 | |
Ir | Information ratio | 0.04 |
Clover Power Stock Return Volatility
Clover Power historical daily return volatility represents how much of Clover Power stock's daily returns swing around its mean - it is a statistical measure of its dispersion of returns. The company shows 127.9815% volatility of returns over 90 . By contrast, Dow Jones Industrial accepts 0.7777% volatility on return distribution over the 90 days horizon. Performance |
| Timeline |
Clover Power Investment Opportunity
Clover Power PCL has a volatility of 127.98 and is 164.08 times more volatile than Dow Jones Industrial. 96 percent of all equities and portfolios are less risky than Clover Power. You can use Clover Power PCL to protect your portfolios against small market fluctuations. The stock experiences a very speculative upward sentiment. Check odds of Clover Power to be traded at 0.19 in 90 days.Good diversification
The correlation between Clover Power PCL and DJI is -0.05 (i.e., Good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Clover Power PCL and DJI in the same portfolio, assuming nothing else is changed.
Clover Power Additional Risk Indicators
The analysis of Clover Power'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 Clover Power's investment and either accepting that risk or mitigating it. Along with some common measures of Clover Power 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 | 0.0585 | |||
| Market Risk Adjusted Performance | (0.90) | |||
| Mean Deviation | 3.95 | |||
| Semi Deviation | 3.29 | |||
| Downside Deviation | 4.89 | |||
| Coefficient Of Variation | 1538.78 | |||
| Standard Deviation | 6.4 |
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential stocks, we recommend comparing similar stocks with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.
Clover Power 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 Clover Power 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. Clover Power'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, Clover Power'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 Clover Power PCL.