Fast Track Group Stock Volatility
| FTRK Stock | USD 0.88 0.02 2.33% |
FAST TRACK is out of control given 3 months investment horizon. FAST TRACK GROUP secures Sharpe Ratio (or Efficiency) of 0.11, which denotes the company had a 0.11 % return per unit of volatility over the last 3 months. We were able to interpolate data for twenty-nine different technical indicators, which can help you to evaluate if expected returns of 1.02% are justified by taking the suggested risk. Use FAST TRACK Downside Deviation of 8.85, market risk adjusted performance of 0.1748, and Mean Deviation of 6.25 to evaluate company specific risk that cannot be diversified away. Key indicators related to FAST TRACK's volatility include:
30 Days Market Risk | Chance Of Distress | 30 Days Economic Sensitivity |
FAST TRACK 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 FAST daily returns, and it is calculated using variance and standard deviation. We also use FAST's beta, its sensitivity to the market, as well as its odds of financial distress to provide a more practical estimation of FAST TRACK volatility.
Downward market volatility can be a perfect environment for investors who play the long game. Here, they may decide to buy additional stocks of FAST TRACK at lower prices. For example, an investor can purchase FAST 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.
FAST TRACK Market Sensitivity And Downside Risk
FAST TRACK's beta coefficient measures the volatility of FAST 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 FAST stock's returns against your selected market. In other words, FAST TRACK's beta of 5.0 provides an investor with an approximation of how much risk FAST TRACK stock can potentially add to one of your existing portfolios. FAST TRACK GROUP is displaying above-average volatility over the selected time horizon. FAST TRACK GROUP is a potential penny stock. Although FAST TRACK 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 FAST TRACK GROUP. 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 FAST 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 FAST TRACK GROUP Demand TrendCheck current 90 days FAST TRACK correlation with market (Dow Jones Industrial)FAST Beta |
FAST 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 | 8.92 |
It is essential to understand the difference between upside risk (as represented by FAST TRACK's standard deviation) and the downside risk, which can be measured by semi-deviation or downside deviation of FAST TRACK's daily returns or price. Since the actual investment returns on holding a position in fast 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 FAST TRACK.
FAST TRACK GROUP Stock Volatility Analysis
Volatility refers to the frequency at which FAST TRACK stock price increases or decreases within a specified period. These fluctuations usually indicate the level of risk that's associated with FAST TRACK's price changes. Investors will then calculate the volatility of FAST TRACK'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 FAST TRACK's volatility:
Historical Volatility
This type of stock volatility measures FAST TRACK's fluctuations based on previous trends. It's commonly used to predict FAST TRACK'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 FAST TRACK'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 FAST TRACK'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. The Median Price line plots median indexes of FAST TRACK GROUP price series.
FAST TRACK Projected Return Density Against Market
Given the investment horizon of 90 days the stock has the beta coefficient of 4.9977 . This usually indicates as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, FAST TRACK 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 FAST TRACK or Communication 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 FAST TRACK'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 FAST 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.
FAST TRACK GROUP has an alpha of 0.4725, 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 FAST TRACK 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.FAST TRACK Stock Risk Measures
Given the investment horizon of 90 days the coefficient of variation of FAST TRACK is 871.09. The daily returns are distributed with a variance of 79.59 and standard deviation of 8.92. The mean deviation of FAST TRACK GROUP is currently at 6.4. For similar time horizon, the selected benchmark (Dow Jones Industrial) has volatility of 0.7
α | Alpha over Dow Jones | 0.47 | |
β | Beta against Dow Jones | 5.00 | |
σ | Overall volatility | 8.92 | |
Ir | Information ratio | 0.09 |
FAST TRACK Stock Return Volatility
FAST TRACK historical daily return volatility represents how much of FAST TRACK stock's daily returns swing around its mean - it is a statistical measure of its dispersion of returns. The company inherits 8.9211% risk (volatility on return distribution) over the 90 days horizon. By contrast, Dow Jones Industrial accepts 0.7121% volatility on return distribution over the 90 days horizon. Performance |
| Timeline |
About FAST TRACK Volatility
Volatility is a rate at which the price of FAST TRACK 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 FAST TRACK may increase or decrease. In other words, similar to FAST's beta indicator, it measures the risk of FAST TRACK and helps estimate the fluctuations that may happen in a short period of time. So if prices of FAST TRACK 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 | ||
| Market Cap | 77.6 M | 90 M |
FAST TRACK'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 FAST Stock over a specified period of time, often expressed as the standard deviation of daily returns. In other words, it measures how much FAST TRACK's price varies over time.
3 ways to utilize FAST TRACK's volatility to invest better
Higher FAST TRACK's stock volatility means that the price of its stock is changing rapidly and unpredictably, while lower stock volatility indicates that the price of FAST TRACK GROUP 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. FAST TRACK GROUP 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 FAST TRACK GROUP investment. A higher volatility means higher risk and potentially larger changes in value.
- Identifying Opportunities: High volatility in FAST TRACK'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 FAST TRACK's stock relates to your other investments can help you create a well-diversified portfolio of assets with varying levels of risk.
FAST TRACK Investment Opportunity
FAST TRACK GROUP has a volatility of 8.92 and is 12.56 times more volatile than Dow Jones Industrial. 80 percent of all equities and portfolios are less risky than FAST TRACK. You can use FAST TRACK GROUP to enhance the returns of your portfolios. The stock experiences an unexpected upward trend. Watch out for market signals. Check odds of FAST TRACK to be traded at $1.056 in 90 days.Very weak diversification
The correlation between FAST TRACK GROUP and DJI is 0.4 (i.e., Very weak diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding FAST TRACK GROUP and DJI in the same portfolio, assuming nothing else is changed.
FAST TRACK Additional Risk Indicators
The analysis of FAST TRACK'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 FAST TRACK's investment and either accepting that risk or mitigating it. Along with some common measures of FAST TRACK 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 | 0.0761 | |||
| Market Risk Adjusted Performance | 0.1748 | |||
| Mean Deviation | 6.25 | |||
| Semi Deviation | 6.8 | |||
| Downside Deviation | 8.85 | |||
| Coefficient Of Variation | 1051.08 | |||
| Standard Deviation | 8.76 |
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.
FAST TRACK 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. FAST TRACK | ||
| Salesforce vs. FAST TRACK | ||
| GM vs. FAST TRACK | ||
| Visa vs. FAST TRACK | ||
| Bank of America vs. FAST TRACK | ||
| Alphabet vs. FAST TRACK | ||
| Citigroup vs. FAST TRACK |
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 FAST TRACK 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. FAST TRACK'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, FAST TRACK'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 FAST TRACK GROUP.
When determining whether FAST TRACK GROUP 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 FAST 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 Fast Track Group Stock. Highlighted below are key reports to facilitate an investment decision about Fast Track Group Stock: Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in FAST TRACK GROUP. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators. You can also try the Risk-Return Analysis module to view associations between returns expected from investment and the risk you assume.
Is Entertainment 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 FAST TRACK. If investors know FAST 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 FAST TRACK listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of FAST TRACK GROUP is measured differently than its book value, which is the value of FAST that is recorded on the company's balance sheet. Investors also form their own opinion of FAST TRACK's value that differs from its market value or its book value, called intrinsic value, which is FAST TRACK'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 FAST TRACK's market value can be influenced by many factors that don't directly affect FAST TRACK'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 FAST TRACK's value and its price as these two are different measures arrived at by different means. Investors typically determine if FAST TRACK is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, FAST TRACK'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.