Xl Rent Stock Volatility
| EMDF Stock | USD 0 0.0005 13.16% |
XL Rent appears to be out of control, given 3 months investment horizon. XL Rent retains Efficiency (Sharpe Ratio) of 0.0271, which attests that the company had a 0.0271 % return per unit of price deviation over the last 3 months. We have found twenty-nine technical indicators for XL Rent, which you can use to evaluate the volatility of the company. Please utilize XL Rent's market risk adjusted performance of 0.0825, and Standard Deviation of 12.04 to validate if our risk estimates are consistent with your expectations. Key indicators related to XL Rent's volatility include:
30 Days Market Risk | Chance Of Distress | 30 Days Economic Sensitivity |
XL Rent 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 EMDF daily returns, and it is calculated using variance and standard deviation. We also use EMDF's beta, its sensitivity to the market, as well as its odds of financial distress to provide a more practical estimation of XL Rent volatility.
EMDF |
Since volatility provides investors with entry points to take advantage of stock prices, companies, such as XL Rent 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 XL Rent at lower prices to lower their average cost per share. Similarly, when the prices of XL Rent's stock rise, investors can sell out and invest the proceeds in other equities with better opportunities.
Moving together with EMDF Pink Sheet
Moving against EMDF Pink Sheet
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| 0.39 | LION | Lionsgate Studios Holding | PairCorr |
| 0.39 | CSCO | Cisco Systems | PairCorr |
| 0.38 | WMT | Walmart Common Stock | PairCorr |
| 0.36 | FTV | Fortive Corp | PairCorr |
XL Rent Market Sensitivity And Downside Risk
XL Rent's beta coefficient measures the volatility of EMDF 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 EMDF pink sheet's returns against your selected market. In other words, XL Rent's beta of 4.26 provides an investor with an approximation of how much risk XL Rent pink sheet can potentially add to one of your existing portfolios. XL Rent is showing large volatility of returns over the selected time horizon. XL Rent is a penny stock. Even though XL Rent may be a good instrument to invest, many penny pink sheets are speculative instruments that are subject to artificial stock promotions. Please make sure you fully understand upside and downside scenarios of investing in XL Rent or similar risky assets. We encourage investors to look for signals such as email spams, message board hypes, claims of breakthroughs, volume upswings,sudden promotions and many other similar artificial hype indicators. We also encourage traders to check work history of company executives before investing in high-volatility instruments, penny stocks, or equities with microcap classification. You can indeed make money on EMDF 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 XL Rent Demand TrendCheck current 90 days XL Rent correlation with market (Dow Jones Industrial)EMDF Beta |
EMDF 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 | 12.33 |
It is essential to understand the difference between upside risk (as represented by XL Rent's standard deviation) and the downside risk, which can be measured by semi-deviation or downside deviation of XL Rent's daily returns or price. Since the actual investment returns on holding a position in emdf pink sheet 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 XL Rent.
XL Rent Pink Sheet Volatility Analysis
Volatility refers to the frequency at which XL Rent pink sheet price increases or decreases within a specified period. These fluctuations usually indicate the level of risk that's associated with XL Rent's price changes. Investors will then calculate the volatility of XL Rent'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 XL Rent's volatility:
Historical Volatility
This type of pink sheet volatility measures XL Rent's fluctuations based on previous trends. It's commonly used to predict XL Rent'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 XL Rent'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 XL Rent'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. XL Rent 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.
XL Rent Projected Return Density Against Market
Given the investment horizon of 90 days the pink sheet has the beta coefficient of 4.261 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, XL Rent 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 XL Rent or Financial Services 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 XL Rent'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 EMDF 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.
XL Rent has an alpha of 0.1018, implying that it can generate a 0.1 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Predicted Return Density |
| Returns |
What Drives a XL Rent 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.XL Rent Pink Sheet Risk Measures
Given the investment horizon of 90 days the coefficient of variation of XL Rent is 3693.18. The daily returns are distributed with a variance of 152.08 and standard deviation of 12.33. The mean deviation of XL Rent is currently at 4.37. For similar time horizon, the selected benchmark (Dow Jones Industrial) has volatility of 0.71
α | Alpha over Dow Jones | 0.10 | |
β | Beta against Dow Jones | 4.26 | |
σ | Overall volatility | 12.33 | |
Ir | Information ratio | 0.02 |
XL Rent Pink Sheet Return Volatility
XL Rent historical daily return volatility represents how much of XL Rent pink sheet's daily returns swing around its mean - it is a statistical measure of its dispersion of returns. The company inherits 12.3322% risk (volatility on return distribution) over the 90 days horizon. By contrast, Dow Jones Industrial accepts 0.7251% volatility on return distribution over the 90 days horizon. Performance |
| Timeline |
About XL Rent Volatility
Volatility is a rate at which the price of XL Rent 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 XL Rent may increase or decrease. In other words, similar to EMDF's beta indicator, it measures the risk of XL Rent and helps estimate the fluctuations that may happen in a short period of time. So if prices of XL Rent 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.XL Rent, Inc. manufactures and markets products designed to reduce accidental hypodermic needlestick injuries. The company was incorporated in 1990 and is headquartered in New Haven, Connecticut. E Med operates under Shell Companies classification in the United States and is traded on OTC Exchange. It employs 2 people.
XL Rent'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 EMDF Pink Sheet over a specified period of time, often expressed as the standard deviation of daily returns. In other words, it measures how much XL Rent's price varies over time.
3 ways to utilize XL Rent's volatility to invest better
Higher XL Rent's stock volatility means that the price of its stock is changing rapidly and unpredictably, while lower stock volatility indicates that the price of XL Rent 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. XL Rent 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 XL Rent investment. A higher volatility means higher risk and potentially larger changes in value.
- Identifying Opportunities: High volatility in XL Rent'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 XL Rent's stock relates to your other investments can help you create a well-diversified portfolio of assets with varying levels of risk.
XL Rent Investment Opportunity
XL Rent has a volatility of 12.33 and is 16.89 times more volatile than Dow Jones Industrial. Compared to the overall equity markets, volatility of historical daily returns of XL Rent is higher than 96 percent of all global equities and portfolios over the last 90 days. You can use XL Rent 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 XL Rent to be traded at $0.0031 in 90 days.Modest diversification
The correlation between XL Rent and DJI is 0.25 (i.e., Modest diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding XL Rent and DJI in the same portfolio, assuming nothing else is changed.
XL Rent Additional Risk Indicators
The analysis of XL Rent'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 XL Rent's investment and either accepting that risk or mitigating it. Along with some common measures of XL Rent 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 | 0.0281 | |||
| Market Risk Adjusted Performance | 0.0825 | |||
| Mean Deviation | 4.17 | |||
| Semi Deviation | 6.9 | |||
| Downside Deviation | 18.96 | |||
| Coefficient Of Variation | 3778.76 | |||
| Standard Deviation | 12.04 |
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.
XL Rent 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 XL Rent 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. XL Rent'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, XL Rent'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 XL Rent.
Complementary Tools for EMDF Pink Sheet analysis
When running XL Rent's price analysis, check to measure XL Rent'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 XL Rent is operating at the current time. Most of XL Rent's value examination focuses on studying past and present price action to predict the probability of XL Rent's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move XL Rent's price. Additionally, you may evaluate how the addition of XL Rent to your portfolios can decrease your overall portfolio volatility.
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