Skillful Craftsman Education Stock Volatility
| EDTK Stock | USD 0.97 0.04 3.96% |
Skillful Craftsman owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0336, which indicates the firm had a -0.0336% return per unit of risk over the last 3 months. Skillful Craftsman Education exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Skillful Craftsman's Risk Adjusted Performance of (0.02), coefficient of variation of (2,941), and Variance of 13.41 to confirm the risk estimate we provide. Key indicators related to Skillful Craftsman's volatility include:
360 Days Market Risk | Chance Of Distress | 360 Days Economic Sensitivity |
Skillful Craftsman 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 Skillful daily returns, and it is calculated using variance and standard deviation. We also use Skillful's beta, its sensitivity to the market, as well as its odds of financial distress to provide a more practical estimation of Skillful Craftsman volatility.
Skillful |
Downward market volatility can be a perfect environment for investors who play the long game. Here, they may decide to buy additional stocks of Skillful Craftsman at lower prices. For example, an investor can purchase Skillful 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 against Skillful Stock
| 0.62 | DAO | Youdao Inc | PairCorr |
| 0.59 | QSG | QuantaSing Group | PairCorr |
| 0.54 | GHC | Graham Holdings | PairCorr |
| 0.48 | TAL | TAL Education Group | PairCorr |
| 0.34 | EEIQ | Elite Education Group | PairCorr |
| 0.31 | JZ | Jianzhi Education | PairCorr |
| 0.31 | UTI | Universal Technical | PairCorr |
Skillful Craftsman Market Sensitivity And Downside Risk
Skillful Craftsman's beta coefficient measures the volatility of Skillful 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 Skillful stock's returns against your selected market. In other words, Skillful Craftsman's beta of -0.42 provides an investor with an approximation of how much risk Skillful Craftsman stock can potentially add to one of your existing portfolios. Skillful Craftsman Education exhibits very low volatility with skewness of 0.25 and kurtosis of -0.43. Skillful Craftsman Education is a potential penny stock. Although Skillful Craftsman 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 Skillful Craftsman Education. 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 Skillful 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 Skillful Craftsman Demand TrendCheck current 90 days Skillful Craftsman correlation with market (Dow Jones Industrial)Skillful Beta |
Skillful 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 | 3.57 |
It is essential to understand the difference between upside risk (as represented by Skillful Craftsman's standard deviation) and the downside risk, which can be measured by semi-deviation or downside deviation of Skillful Craftsman's daily returns or price. Since the actual investment returns on holding a position in skillful 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 Skillful Craftsman.
Skillful Craftsman Stock Volatility Analysis
Volatility refers to the frequency at which Skillful Craftsman stock price increases or decreases within a specified period. These fluctuations usually indicate the level of risk that's associated with Skillful Craftsman's price changes. Investors will then calculate the volatility of Skillful Craftsman'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 Skillful Craftsman's volatility:
Historical Volatility
This type of stock volatility measures Skillful Craftsman's fluctuations based on previous trends. It's commonly used to predict Skillful Craftsman'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 Skillful Craftsman'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 Skillful Craftsman'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. Skillful Craftsman 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.
Skillful Craftsman Projected Return Density Against Market
Given the investment horizon of 90 days Skillful Craftsman Education has a beta of -0.417 suggesting as returns on the benchmark increase, returns on holding Skillful Craftsman are expected to decrease at a much lower rate. During a bear market, however, Skillful Craftsman Education 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 Skillful Craftsman or Hotels, Restaurants & Leisure 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 Skillful Craftsman'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 Skillful 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.
Skillful Craftsman Education has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the Dow Jones Industrial. Predicted Return Density |
| Returns |
What Drives a Skillful Craftsman 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.Skillful Craftsman Stock Risk Measures
Given the investment horizon of 90 days the coefficient of variation of Skillful Craftsman is -2977.62. The daily returns are distributed with a variance of 12.72 and standard deviation of 3.57. The mean deviation of Skillful Craftsman Education is currently at 2.84. For similar time horizon, the selected benchmark (Dow Jones Industrial) has volatility of 0.77
α | Alpha over Dow Jones | -0.08 | |
β | Beta against Dow Jones | -0.42 | |
σ | Overall volatility | 3.57 | |
Ir | Information ratio | -0.07 |
Skillful Craftsman Stock Return Volatility
Skillful Craftsman historical daily return volatility represents how much of Skillful Craftsman stock's daily returns swing around its mean - it is a statistical measure of its dispersion of returns. The company inherits 3.5671% risk (volatility on return distribution) over the 90 days horizon. By contrast, Dow Jones Industrial accepts 0.7685% volatility on return distribution over the 90 days horizon. Performance |
| Timeline |
About Skillful Craftsman Volatility
Volatility is a rate at which the price of Skillful Craftsman 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 Skillful Craftsman may increase or decrease. In other words, similar to Skillful's beta indicator, it measures the risk of Skillful Craftsman and helps estimate the fluctuations that may happen in a short period of time. So if prices of Skillful Craftsman 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 | ||
| Selling And Marketing Expenses | 40.1 K | 38.1 K | |
| Market Cap | 17.6 M | 25.9 M |
Skillful Craftsman'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 Skillful Stock over a specified period of time, often expressed as the standard deviation of daily returns. In other words, it measures how much Skillful Craftsman's price varies over time.
3 ways to utilize Skillful Craftsman's volatility to invest better
Higher Skillful Craftsman's stock volatility means that the price of its stock is changing rapidly and unpredictably, while lower stock volatility indicates that the price of Skillful Craftsman 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. Skillful Craftsman 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 Skillful Craftsman investment. A higher volatility means higher risk and potentially larger changes in value.
- Identifying Opportunities: High volatility in Skillful Craftsman'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 Skillful Craftsman's stock relates to your other investments can help you create a well-diversified portfolio of assets with varying levels of risk.
Skillful Craftsman Investment Opportunity
Skillful Craftsman Education has a volatility of 3.57 and is 4.64 times more volatile than Dow Jones Industrial. 31 percent of all equities and portfolios are less risky than Skillful Craftsman. You can use Skillful Craftsman Education to protect your portfolios against small market fluctuations. The stock experiences an unexpected downward movement. The market is reacting to new fundamentals. Check odds of Skillful Craftsman to be traded at $0.9312 in 90 days.Good diversification
The correlation between Skillful Craftsman Education 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 Skillful Craftsman Education and DJI in the same portfolio, assuming nothing else is changed.
Skillful Craftsman Additional Risk Indicators
The analysis of Skillful Craftsman'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 Skillful Craftsman's investment and either accepting that risk or mitigating it. Along with some common measures of Skillful Craftsman 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 | (0.02) | |||
| Market Risk Adjusted Performance | 0.3327 | |||
| Mean Deviation | 2.96 | |||
| Coefficient Of Variation | (2,941) | |||
| Standard Deviation | 3.66 | |||
| Variance | 13.41 | |||
| Information Ratio | (0.07) |
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.
Skillful Craftsman 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 Skillful Craftsman 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. Skillful Craftsman'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, Skillful Craftsman'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 Skillful Craftsman Education.
When determining whether Skillful Craftsman is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Skillful Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Skillful Craftsman Education Stock. Highlighted below are key reports to facilitate an investment decision about Skillful Craftsman Education Stock: Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Skillful Craftsman Education. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate. You can also try the Analyst Advice module to analyst recommendations and target price estimates broken down by several categories.
Is Hotels, Restaurants & Leisure space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Skillful Craftsman. If investors know Skillful will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Skillful Craftsman listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.23) | Earnings Share (0.31) | Revenue Per Share 0.129 | Quarterly Revenue Growth (0.88) | Return On Assets (0.03) |
The market value of Skillful Craftsman is measured differently than its book value, which is the value of Skillful that is recorded on the company's balance sheet. Investors also form their own opinion of Skillful Craftsman's value that differs from its market value or its book value, called intrinsic value, which is Skillful Craftsman's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Skillful Craftsman's market value can be influenced by many factors that don't directly affect Skillful Craftsman's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Skillful Craftsman's value and its price as these two are different measures arrived at by different means. Investors typically determine if Skillful Craftsman is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Skillful Craftsman's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.