EMC Public (Thailand) Volatility
| EMC Stock | THB 0.08 0.01 11.11% |
EMC Public is out of control given 3 months investment horizon. EMC Public retains Efficiency (Sharpe Ratio) of 0.12, which denotes the company had a 0.12% return per unit of risk over the last 3 months. We were able to break down twenty-nine different technical indicators, which can help you to evaluate if expected returns of 14.65% are justified by taking the suggested risk. Use EMC Public Downside Deviation of 11.02, coefficient of variation of 2406.55, and Market Risk Adjusted Performance of 0.2193 to evaluate company specific risk that cannot be diversified away. Key indicators related to EMC Public's volatility include:
90 Days Market Risk | Chance Of Distress | 90 Days Economic Sensitivity |
EMC Public 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 EMC daily returns, and it is calculated using variance and standard deviation. We also use EMC's beta, its sensitivity to the market, as well as its odds of financial distress to provide a more practical estimation of EMC Public volatility.
EMC |
Downward market volatility can be a perfect environment for investors who play the long game. Here, they may decide to buy additional stocks of EMC Public at lower prices. For example, an investor can purchase EMC 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.
EMC Public Market Sensitivity And Downside Risk
EMC Public's beta coefficient measures the volatility of EMC 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 EMC stock's returns against your selected market. In other words, EMC Public's beta of 1.62 provides an investor with an approximation of how much risk EMC Public stock can potentially add to one of your existing portfolios. EMC Public is showing large volatility of returns over the selected time horizon. EMC Public is a penny stock. Although EMC Public may be in fact a good investment, many penny stocks are subject to artificial price hype. Make sure you completely understand the upside potential and downside risk of investing in EMC Public. We encourage investors to look for signals such as message board hypes, claims of breakthroughs, email spams, sudden volume upswings, and other similar hype indicators. We also encourage traders to check biographies and work history of company officers before investing in instruments with high volatility. You can indeed make money on EMC 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 EMC Public Demand TrendCheck current 90 days EMC Public correlation with market (Dow Jones Industrial)EMC Beta |
EMC 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 | 127.07 |
It is essential to understand the difference between upside risk (as represented by EMC Public's standard deviation) and the downside risk, which can be measured by semi-deviation or downside deviation of EMC Public's daily returns or price. Since the actual investment returns on holding a position in emc 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 EMC Public.
EMC Public Stock Volatility Analysis
Volatility refers to the frequency at which EMC Public stock price increases or decreases within a specified period. These fluctuations usually indicate the level of risk that's associated with EMC Public's price changes. Investors will then calculate the volatility of EMC Public'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 EMC Public's volatility:
Historical Volatility
This type of stock volatility measures EMC Public's fluctuations based on previous trends. It's commonly used to predict EMC Public'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 EMC Public'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 EMC Public'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. EMC Public 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.
EMC Public Projected Return Density Against Market
Assuming the 90 days trading horizon the stock has the beta coefficient of 1.6209 suggesting as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, EMC Public will likely underperform.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 EMC Public or Construction & Engineering 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 EMC Public'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 EMC 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.
EMC Public has an alpha of 0.147, implying that it can generate a 0.15 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Predicted Return Density |
| Returns |
What Drives an EMC Public 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.EMC Public Stock Risk Measures
Assuming the 90 days trading horizon the coefficient of variation of EMC Public is 867.27. The daily returns are distributed with a variance of 16146.39 and standard deviation of 127.07. The mean deviation of EMC Public is currently at 32.32. For similar time horizon, the selected benchmark (Dow Jones Industrial) has volatility of 0.76
α | Alpha over Dow Jones | 0.15 | |
β | Beta against Dow Jones | 1.62 | |
σ | Overall volatility | 127.07 | |
Ir | Information ratio | 0.03 |
EMC Public Stock Return Volatility
EMC Public historical daily return volatility represents how much of EMC Public stock's daily returns swing around its mean - it is a statistical measure of its dispersion of returns. The company assumes 127.0684% volatility of returns over the 90 days investment horizon. By contrast, Dow Jones Industrial accepts 0.7736% volatility on return distribution over the 90 days horizon. Performance |
| Timeline |
About EMC Public Volatility
Volatility is a rate at which the price of EMC Public 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 EMC Public may increase or decrease. In other words, similar to EMC's beta indicator, it measures the risk of EMC Public and helps estimate the fluctuations that may happen in a short period of time. So if prices of EMC Public 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.EMC Public Company Limited engages in the provision of services under long-term service agreements and construction agreements in Thailand. EMC Public Company Limited was founded in 1979 and is headquartered in Bangkok, Thailand. EMC PUBLIC operates under Engineering Construction classification in Thailand and is traded on Stock Exchange of Thailand.
EMC Public'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 EMC Stock over a specified period of time, often expressed as the standard deviation of daily returns. In other words, it measures how much EMC Public's price varies over time.
3 ways to utilize EMC Public's volatility to invest better
Higher EMC Public's stock volatility means that the price of its stock is changing rapidly and unpredictably, while lower stock volatility indicates that the price of EMC Public 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. EMC Public 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 EMC Public investment. A higher volatility means higher risk and potentially larger changes in value.
- Identifying Opportunities: High volatility in EMC Public'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 EMC Public's stock relates to your other investments can help you create a well-diversified portfolio of assets with varying levels of risk.
EMC Public Investment Opportunity
EMC Public has a volatility of 127.07 and is 165.03 times more volatile than Dow Jones Industrial. 96 percent of all equities and portfolios are less risky than EMC Public. You can use EMC Public to protect your portfolios against small market fluctuations. The stock experiences a very speculative upward sentiment. Check odds of EMC Public to be traded at 0.076 in 90 days.Average diversification
The correlation between EMC Public and DJI is 0.15 (i.e., Average diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding EMC Public and DJI in the same portfolio, assuming nothing else is changed.
EMC Public Additional Risk Indicators
The analysis of EMC Public'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 EMC Public's investment and either accepting that risk or mitigating it. Along with some common measures of EMC Public 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 | 0.0408 | |||
| Market Risk Adjusted Performance | 0.2193 | |||
| Mean Deviation | 4.74 | |||
| Semi Deviation | 5.11 | |||
| Downside Deviation | 11.02 | |||
| Coefficient Of Variation | 2406.55 | |||
| Standard Deviation | 8.41 |
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.
EMC Public 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 EMC Public 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. EMC Public'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, EMC Public'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 EMC Public.
Other Information on Investing in EMC Stock
EMC Public financial ratios help investors to determine whether EMC Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in EMC with respect to the benefits of owning EMC Public security.