First Hartford Stock Volatility
| FHRT Stock | USD 30.00 0.00 0.00% |
First Hartford appears to be not too volatile, given 3 months investment horizon. First Hartford secures Sharpe Ratio (or Efficiency) of 0.13, which denotes the company had a 0.13 % return per unit of risk over the last 3 months. By reviewing First Hartford's technical indicators, you can evaluate if the expected return of 0.52% is justified by implied risk. Please utilize First Hartford's Downside Deviation of 6.0, coefficient of variation of 800.75, and Mean Deviation of 1.94 to check if our risk estimates are consistent with your expectations.
Sharpe Ratio = 0.1278
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Based on monthly moving average First Hartford is performing at about 10% 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 Hartford by adding it to a well-diversified portfolio.
Key indicators related to First Hartford's volatility include:30 Days Market Risk | Chance Of Distress | 30 Days Economic Sensitivity |
First Hartford 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 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 Hartford volatility.
First |
Since volatility provides investors with entry points to take advantage of stock prices, companies, such as First Hartford 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 First Hartford at lower prices. For example, an investor can purchase First 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 First Hartford'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. Main indicators related to First Hartford's market risk premium analysis include:
Beta 0.17 | Alpha 0.47 | Risk 4.04 | Sharpe Ratio 0.13 | Expected Return 0.52 |
Moving together with First Pink Sheet
| 0.73 | XOM | Exxon Mobil Corp Aggressive Push | PairCorr |
| 0.72 | BA | Boeing Sell-off Trend | PairCorr |
| 0.81 | CVX | Chevron Corp | PairCorr |
| 0.8 | AA | Alcoa Corp Earnings Call This Week | PairCorr |
| 0.62 | INTC | Intel Aggressive Push | PairCorr |
| 0.61 | MRK | Merck Company | PairCorr |
Moving against First Pink Sheet
| 0.79 | APVO | Aptevo Therapeutics | PairCorr |
| 0.68 | TRNR | Interactive Strength | PairCorr |
| 0.66 | HPQ | HP Inc | PairCorr |
| 0.5 | T | ATT Inc | PairCorr |
| 0.4 | PG | Procter Gamble Earnings Call This Week | PairCorr |
First Hartford Market Sensitivity And Downside Risk
First Hartford's beta coefficient measures the volatility of First 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 First pink sheet's returns against your selected market. In other words, First Hartford's beta of 0.17 provides an investor with an approximation of how much risk First Hartford pink sheet can potentially add to one of your existing portfolios. First Hartford shows above-average downside volatility for the selected time horizon. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure First Hartford's pink sheet risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact First Hartford's pink sheet price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different financial instruments as prices fall.
3 Months Beta |Analyze First Hartford Demand TrendCheck current 90 days First Hartford correlation with market (Dow Jones Industrial)First Hartford 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 Hartford Pink Sheet Volatility Analysis
Volatility refers to the frequency at which First Hartford pink sheet price increases or decreases within a specified period. These fluctuations usually indicate the level of risk that's associated with First Hartford's price changes. Investors will then calculate the volatility of First Hartford'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 First Hartford's volatility:
Historical Volatility
This type of pink sheet volatility measures First Hartford's fluctuations based on previous trends. It's commonly used to predict First Hartford'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 First Hartford'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 First Hartford'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 Hartford 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 Hartford Projected Return Density Against Market
Given the investment horizon of 90 days First Hartford has a beta of 0.1659 . This usually indicates as returns on the market go up, First Hartford average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding First Hartford 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 First Hartford or Real Estate Management & Development 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 Hartford'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 First 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.
First Hartford has an alpha of 0.4684, implying that it can generate a 0.47 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Predicted Return Density |
| Returns |
What Drives a First Hartford 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.First Hartford Pink Sheet Risk Measures
Given the investment horizon of 90 days the coefficient of variation of First Hartford is 782.33. The daily returns are distributed with a variance of 16.35 and standard deviation of 4.04. The mean deviation of First Hartford is currently at 2.02. For similar time horizon, the selected benchmark (Dow Jones Industrial) has volatility of 0.69
α | Alpha over Dow Jones | 0.47 | |
β | Beta against Dow Jones | 0.17 | |
σ | Overall volatility | 4.04 | |
Ir | Information ratio | 0.1 |
First Hartford Pink Sheet Return Volatility
First Hartford historical daily return volatility represents how much of First Hartford pink sheet's daily returns swing around its mean - it is a statistical measure of its dispersion of returns. The firm inherits 4.0434% risk (volatility on return distribution) over the 90 days horizon. By contrast, Dow Jones Industrial accepts 0.6889% 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
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Risk-Adjusted Indicators
There is a big difference between First Pink Sheet performing well and First Hartford Company 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 Hartford'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| GCCO | 0.10 | 0.04 | 0.00 | 3.00 | 0.00 | 0.00 | 3.03 | |||
| KANP | 1.42 | (0.52) | 0.00 | (1.67) | 0.00 | 0.00 | 18.32 | |||
| PTLKF | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
| MHIVF | 7.33 | 0.58 | 0.04 | 0.23 | 9.34 | 23.08 | 75.87 | |||
| GZUHY | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
| PKTEF | 0.79 | 0.00 | 0.00 | 0.09 | 0.00 | 0.00 | 23.40 | |||
| SNLKF | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
| KDCCF | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
| MYCB | 17.69 | 5.79 | 0.00 | 1.13 | 0.00 | 0.00 | 675.51 | |||
| CPTP | 1.57 | 0.28 | 0.03 | 5.77 | 2.66 | 4.35 | 30.71 |
About First Hartford Volatility
Volatility is a rate at which the price of First Hartford 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 Hartford may increase or decrease. In other words, similar to First's beta indicator, it measures the risk of First Hartford and helps estimate the fluctuations that may happen in a short period of time. So if prices of First Hartford 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 Hartford Corporation, together with its subsidiaries, engages in the purchase, construction, development, ownership, management, rental, and sale of real estate properties in the United States. First Hartford Corporation was incorporated in 1909 and is based in Manchester, Connecticut. FIRST HARTFORD operates under Real EstateDevelopment classification in the United States and is traded on OTC Exchange. It employs 111 people.
First Hartford'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 Pink Sheet over a specified period of time, often expressed as the standard deviation of daily returns. In other words, it measures how much First Hartford's price varies over time.
3 ways to utilize First Hartford's volatility to invest better
Higher First Hartford'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 Hartford 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 Hartford 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 Hartford investment. A higher volatility means higher risk and potentially larger changes in value.
- Identifying Opportunities: High volatility in First Hartford'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 Hartford's stock relates to your other investments can help you create a well-diversified portfolio of assets with varying levels of risk.
First Hartford Investment Opportunity
First Hartford has a volatility of 4.04 and is 5.86 times more volatile than Dow Jones Industrial. 36 percent of all equities and portfolios are less risky than First Hartford. You can use First Hartford to protect your portfolios against small market fluctuations. The pink sheet experiences a normal downward fluctuation but is a risky buy. Check odds of First Hartford to be traded at $29.7 in 90 days.Significant diversification
The correlation between First Hartford and DJI is 0.03 (i.e., Significant diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding First Hartford and DJI in the same portfolio, assuming nothing else is changed.
First Hartford Additional Risk Indicators
The analysis of First Hartford'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 Hartford's investment and either accepting that risk or mitigating it. Along with some common measures of First Hartford 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 | 0.0948 | |||
| Market Risk Adjusted Performance | 2.92 | |||
| Mean Deviation | 1.94 | |||
| Semi Deviation | 2.06 | |||
| Downside Deviation | 6.0 | |||
| Coefficient Of Variation | 800.75 | |||
| Standard Deviation | 3.95 |
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.
First Hartford 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.
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| Ford vs. First Hartford | ||
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 Hartford 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 Hartford'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 Hartford'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 Hartford.
Additional Tools for First Pink Sheet Analysis
When running First Hartford's price analysis, check to measure First Hartford'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 Hartford is operating at the current time. Most of First Hartford's value examination focuses on studying past and present price action to predict the probability of First Hartford'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 Hartford's price. Additionally, you may evaluate how the addition of First Hartford to your portfolios can decrease your overall portfolio volatility.