First Helium Stock Volatility
| FHELF Stock | USD 0.02 0 10.00% |
First Helium appears to be out of control, given 3 months investment horizon. First Helium secures Sharpe Ratio (or Efficiency) of 0.0765, which denotes the company had a 0.0765 % return per unit of risk over the last 3 months. By reviewing First Helium's technical indicators, you can evaluate if the expected return of 0.69% is justified by implied risk. Please utilize First Helium's Coefficient Of Variation of 1706.8, mean deviation of 5.41, and Downside Deviation of 8.82 to check if our risk estimates are consistent with your expectations.
Sharpe Ratio = 0.0765
| High Returns | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | FHELF | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Based on monthly moving average First Helium is performing at about 6% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of First Helium by adding it to a well-diversified portfolio.
Key indicators related to First Helium's volatility include:30 Days Market Risk | Chance Of Distress | 30 Days Economic Sensitivity |
First Helium 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 First daily returns, and it is calculated using variance and standard deviation. We also use First's beta, its sensitivity to the market, as well as its odds of financial distress to provide a more practical estimation of First Helium volatility.
First |
Since volatility provides investors with entry points to take advantage of stock prices, companies, such as First Helium 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 First Helium at lower prices to lower their average cost per share. Similarly, when the prices of First Helium's stock rise, investors can sell out and invest the proceeds in other equities with better opportunities. Main indicators related to First Helium's market risk premium analysis include:
Beta (1.02) | Alpha 0.6 | Risk 9.08 | Sharpe Ratio 0.0765 | Expected Return 0.69 |
First Helium Market Sensitivity And Downside Risk
First Helium's beta coefficient measures the volatility of First 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 First otc stock's returns against your selected market. In other words, First Helium's beta of -1.02 provides an investor with an approximation of how much risk First Helium otc stock can potentially add to one of your existing portfolios. First Helium is displaying above-average volatility over the selected time horizon. First Helium is a penny stock. Although First Helium may be in fact a good investment, many penny otc stocks are subject to artificial price hype. Make sure you completely understand the upside potential and downside risk of investing in First Helium. 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 First 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 First Helium Demand TrendCheck current 90 days First Helium correlation with market (Dow Jones Industrial)First Helium Volatility and Downside Risk
First 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.
First Helium OTC Stock Volatility Analysis
Volatility refers to the frequency at which First Helium otc price increases or decreases within a specified period. These fluctuations usually indicate the level of risk that's associated with First Helium's price changes. Investors will then calculate the volatility of First Helium'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 First Helium's volatility:
Historical Volatility
This type of otc volatility measures First Helium's fluctuations based on previous trends. It's commonly used to predict First Helium'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 First Helium'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 First Helium'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. First Helium 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.
First Helium Projected Return Density Against Market
Assuming the 90 days horizon First Helium has a beta of -1.021 . This usually indicatesMost 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 First Helium or Basic Materials 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 First Helium'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 First 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.
First Helium has an alpha of 0.5952, implying that it can generate a 0.6 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Predicted Return Density |
| Returns |
What Drives a First Helium 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.First Helium OTC Stock Risk Measures
Assuming the 90 days horizon the coefficient of variation of First Helium is 1307.39. The daily returns are distributed with a variance of 82.48 and standard deviation of 9.08. The mean deviation of First Helium is currently at 5.65. For similar time horizon, the selected benchmark (Dow Jones Industrial) has volatility of 0.74
α | Alpha over Dow Jones | 0.60 | |
β | Beta against Dow Jones | -1.02 | |
σ | Overall volatility | 9.08 | |
Ir | Information ratio | 0.05 |
First Helium OTC Stock Return Volatility
First Helium historical daily return volatility represents how much of First Helium otc's daily returns swing around its mean - it is a statistical measure of its dispersion of returns. The company shows 9.0819% volatility of returns over 90 . By contrast, Dow Jones Industrial accepts 0.7029% volatility on return distribution over the 90 days horizon. Performance |
| Timeline |
Related Correlations Analysis
Correlation Matchups
Over a given time period, the two securities move together when the Correlation Coefficient is positive. Conversely, the two assets move in opposite directions when the Correlation Coefficient is negative. Determining your positions' relationship to each other is valuable for analyzing and projecting your portfolio's future expected return and risk.High positive correlations
| High negative correlations
|
Risk-Adjusted Indicators
There is a big difference between First OTC Stock performing well and First Helium OTC Stock doing well as a business compared to the competition. There are so many exceptions to the norm that investors cannot definitively determine what's good or bad unless they analyze First Helium's multiple risk-adjusted performance indicators across the competitive landscape. These indicators are quantitative in nature and help investors forecast volatility and risk-adjusted expected returns across various positions.| Mean Deviation | Jensen Alpha | Sortino Ratio | Treynor Ratio | Semi Deviation | Expected Shortfall | Potential Upside | Value @Risk | Maximum Drawdown | ||
|---|---|---|---|---|---|---|---|---|---|---|
| EESE | 2.64 | 0.23 | 0.01 | (0.19) | 4.07 | 14.29 | 28.57 | |||
| VNTRF | 6.17 | 3.22 | 0.00 | 1.79 | 0.00 | 17.00 | 83.33 | |||
| LBRMF | 160.52 | 80.31 | 1.26 | 2.13 | 39.23 | 900.00 | 1,986 | |||
| CRSTF | 61.60 | 29.34 | 0.00 | (4.97) | 0.00 | 0.00 | 1,270 | |||
| XXMMF | 3.33 | (0.70) | 0.00 | 10.29 | 0.00 | 7.69 | 44.97 | |||
| ORMNF | 5.44 | 0.52 | 0.04 | 13.28 | 5.73 | 13.33 | 50.98 | |||
| GQMLF | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
| ALEEF | 3.63 | 0.94 | 0.00 | 0.61 | 0.00 | 16.48 | 55.81 | |||
| LKSGF | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
| NMGX | 5.31 | (0.98) | 0.00 | (1.16) | 0.00 | 12.50 | 90.10 |
About First Helium Volatility
Volatility is a rate at which the price of First Helium 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 First Helium may increase or decrease. In other words, similar to First's beta indicator, it measures the risk of First Helium and helps estimate the fluctuations that may happen in a short period of time. So if prices of First Helium 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.First Helium Inc. engages in the acquisition, exploration, and evaluation of helium property interests in Alberta, Canada. First Helium Inc. was incorporated in 2016 and is headquartered in Vancouver, Canada. First Helium is traded on OTC Exchange in the United States.
First Helium'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 First OTC Stock over a specified period of time, often expressed as the standard deviation of daily returns. In other words, it measures how much First Helium's price varies over time.
3 ways to utilize First Helium's volatility to invest better
Higher First Helium's stock volatility means that the price of its stock is changing rapidly and unpredictably, while lower stock volatility indicates that the price of First Helium 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. First Helium 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 First Helium investment. A higher volatility means higher risk and potentially larger changes in value.
- Identifying Opportunities: High volatility in First Helium'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 First Helium's stock relates to your other investments can help you create a well-diversified portfolio of assets with varying levels of risk.
First Helium Investment Opportunity
First Helium has a volatility of 9.08 and is 12.97 times more volatile than Dow Jones Industrial. Compared to the overall equity markets, volatility of historical daily returns of First Helium is higher than 81 percent of all global equities and portfolios over the last 90 days. You can use First Helium to protect your portfolios against small market fluctuations. The otc stock experiences a very speculative downward sentiment. The market maybe over-reacting. Check odds of First Helium to be traded at $0.0205 in 90 days.Good diversification
The correlation between First Helium 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 First Helium and DJI in the same portfolio, assuming nothing else is changed.
First Helium Additional Risk Indicators
The analysis of First Helium'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 First Helium's investment and either accepting that risk or mitigating it. Along with some common measures of First Helium 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 | 0.0527 | |||
| Market Risk Adjusted Performance | (0.49) | |||
| Mean Deviation | 5.41 | |||
| Semi Deviation | 5.92 | |||
| Downside Deviation | 8.82 | |||
| Coefficient Of Variation | 1706.8 | |||
| Standard Deviation | 8.86 |
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.
First Helium 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.
| Ford vs. First Helium | ||
| Alphabet vs. First Helium | ||
| GM vs. First Helium | ||
| Visa vs. First Helium | ||
| Dupont De vs. First Helium | ||
| Microsoft vs. First Helium | ||
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 First Helium 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. First Helium'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, First Helium'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 First Helium.
Complementary Tools for First OTC Stock analysis
When running First Helium's price analysis, check to measure First Helium'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 First Helium is operating at the current time. Most of First Helium's value examination focuses on studying past and present price action to predict the probability of First Helium's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move First Helium's price. Additionally, you may evaluate how the addition of First Helium to your portfolios can decrease your overall portfolio volatility.
| Investing Opportunities Build portfolios using our predefined set of ideas and optimize them against your investing preferences | |
| Fundamentals Comparison Compare fundamentals across multiple equities to find investing opportunities | |
| Stocks Directory Find actively traded stocks across global markets | |
| USA ETFs Find actively traded Exchange Traded Funds (ETF) in USA | |
| Funds Screener Find actively-traded funds from around the world traded on over 30 global exchanges | |
| Portfolio Rebalancing Analyze risk-adjusted returns against different time horizons to find asset-allocation targets | |
| Portfolio Anywhere Track or share privately all of your investments from the convenience of any device | |
| Bonds Directory Find actively traded corporate debentures issued by US companies | |
| Commodity Directory Find actively traded commodities issued by global exchanges |