The Dixie Group Volatility
| DXYNDelisted Stock | USD 0.79 0.28 54.90% |
Dixie appears to be out of control, given 3 months investment horizon. Dixie Group secures Sharpe Ratio (or Efficiency) of 0.0367, which denotes the company had a 0.0367% return per unit of standard deviation over the last 3 months. We have found twenty-nine technical indicators for The Dixie Group, which you can use to evaluate the volatility of the firm. Please utilize Dixie's Mean Deviation of 5.44, risk adjusted performance of 0.0628, and Semi Deviation of 6.28 to check if our risk estimates are consistent with your expectations. Key indicators related to Dixie's volatility include:
510 Days Market Risk | Chance Of Distress | 510 Days Economic Sensitivity |
Dixie 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 Dixie daily returns, and it is calculated using variance and standard deviation. We also use Dixie's beta, its sensitivity to the market, as well as its odds of financial distress to provide a more practical estimation of Dixie volatility.
Dixie |
Since volatility provides investors with entry points to take advantage of stock prices, companies, such as Dixie can benefit from it. Downward market volatility can be a perfect environment for investors who play the long game. Here, they may decide to buy additional stocks of Dixie at lower prices. For example, an investor can purchase Dixie stock that has halved in price over a short period. This will lower your average cost per share, thereby improving your portfolio's performance when the markets normalize. Similarly, when the prices of Dixie's stock rises, investors can sell out and invest the proceeds in other equities with better opportunities. Investing when markets are volatile with better valuations will accord both investors and companies the opportunity to generate better long-term returns.
Moving against Dixie OTC Stock
| 0.66 | AIN | Albany International | PairCorr |
| 0.63 | DSHK | Drive Shack | PairCorr |
| 0.46 | F-PC | Ford Motor | PairCorr |
| 0.35 | WINR | Simplicity Esports and | PairCorr |
Dixie Market Sensitivity And Downside Risk
Dixie's beta coefficient measures the volatility of Dixie 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 Dixie otc stock's returns against your selected market. In other words, Dixie's beta of 0.46 provides an investor with an approximation of how much risk Dixie otc stock can potentially add to one of your existing portfolios. The Dixie Group is displaying above-average volatility over the selected time horizon. The Dixie Group is a potential penny stock. Although Dixie may be in fact a good instrument to invest, many penny otc 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 The Dixie Group. 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 Dixie 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 Dixie Group Demand TrendCheck current 90 days Dixie correlation with market (Dow Jones Industrial)Dixie Beta |
Dixie 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 | 11.63 |
It is essential to understand the difference between upside risk (as represented by Dixie's standard deviation) and the downside risk, which can be measured by semi-deviation or downside deviation of Dixie's daily returns or price. Since the actual investment returns on holding a position in dixie 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 Dixie.
Dixie Group OTC Stock Volatility Analysis
Volatility refers to the frequency at which Dixie otc price increases or decreases within a specified period. These fluctuations usually indicate the level of risk that's associated with Dixie's price changes. Investors will then calculate the volatility of Dixie's 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 Dixie's volatility:
Historical Volatility
This type of otc volatility measures Dixie's fluctuations based on previous trends. It's commonly used to predict Dixie's 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 Dixie's 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 Dixie's to be redeemed at a future date.Transformation |
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Dixie Projected Return Density Against Market
Given the investment horizon of 90 days Dixie has a beta of 0.4584 suggesting as returns on the market go up, Dixie average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding The Dixie Group 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 Dixie or Household Durables 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 Dixie's 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 Dixie 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.
The Dixie Group has an alpha of 0.5762, implying that it can generate a 0.58 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Predicted Return Density |
| Returns |
What Drives a Dixie 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.Dixie OTC Stock Risk Measures
Given the investment horizon of 90 days the coefficient of variation of Dixie is 2725.66. The daily returns are distributed with a variance of 135.21 and standard deviation of 11.63. The mean deviation of The Dixie Group is currently at 6.21. For similar time horizon, the selected benchmark (Dow Jones Industrial) has volatility of 0.76
α | Alpha over Dow Jones | 0.58 | |
β | Beta against Dow Jones | 0.46 | |
σ | Overall volatility | 11.63 | |
Ir | Information ratio | 0.06 |
Dixie OTC Stock Return Volatility
Dixie historical daily return volatility represents how much of Dixie otc's daily returns swing around its mean - it is a statistical measure of its dispersion of returns. The firm inherits 11.6282% 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 Dixie Volatility
Volatility is a rate at which the price of Dixie 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 Dixie may increase or decrease. In other words, similar to Dixie's beta indicator, it measures the risk of Dixie and helps estimate the fluctuations that may happen in a short period of time. So if prices of Dixie 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.The Dixie Group, Inc. manufactures, markets, and sells floorcovering products to residential customers in North America and internationally. The company was founded in 1920 and is based in Dalton, Georgia. Dixie operates under Textile Manufacturing classification in the United States and is traded on NASDAQ Exchange. It employs 1322 people.
Dixie'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 Dixie OTC Stock over a specified period of time, often expressed as the standard deviation of daily returns. In other words, it measures how much Dixie's price varies over time.
3 ways to utilize Dixie's volatility to invest better
Higher Dixie's stock volatility means that the price of its stock is changing rapidly and unpredictably, while lower stock volatility indicates that the price of Dixie Group 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. Dixie Group 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 Dixie Group investment. A higher volatility means higher risk and potentially larger changes in value.
- Identifying Opportunities: High volatility in Dixie'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 Dixie's stock relates to your other investments can help you create a well-diversified portfolio of assets with varying levels of risk.
Dixie Investment Opportunity
The Dixie Group has a volatility of 11.63 and is 14.91 times more volatile than Dow Jones Industrial. 96 percent of all equities and portfolios are less risky than Dixie. You can use The Dixie Group to enhance the returns of your portfolios. The otc stock experiences a very speculative upward sentiment. The trend is possibly hyped up. Check odds of Dixie to be traded at $0.9875 in 90 days.Significant diversification
The correlation between The Dixie Group and DJI is 0.04 (i.e., Significant diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding The Dixie Group and DJI in the same portfolio, assuming nothing else is changed.
Dixie Additional Risk Indicators
The analysis of Dixie'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 Dixie's investment and either accepting that risk or mitigating it. Along with some common measures of Dixie 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 | 0.0628 | |||
| Market Risk Adjusted Performance | 1.39 | |||
| Mean Deviation | 5.44 | |||
| Semi Deviation | 6.28 | |||
| Downside Deviation | 6.94 | |||
| Coefficient Of Variation | 1424.55 | |||
| Standard Deviation | 9.12 |
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.
Dixie 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 Dixie 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. Dixie'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, Dixie'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 The Dixie Group.
Check out Investing Opportunities to better understand how to build diversified portfolios. Also, note that the market value of any otc stock could be closely tied with the direction of predictive economic indicators such as signals in manufacturing. You can also try the Idea Analyzer module to analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas.
Other Consideration for investing in Dixie OTC Stock
If you are still planning to invest in Dixie Group 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 Dixie's history and understand the potential risks before investing.
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