Gb Sciences Stock Volatility
| GBLX Stock | USD 0.01 0 4,900% |
GB Sciences is out of control given 3 months investment horizon. GB Sciences retains Efficiency (Sharpe Ratio) of 0.17, which attests that the company had a 0.17% return per unit of price deviation over the last 3 months. We were able to break down and interpolate thirty different technical indicators, which can help you to evaluate if expected returns of 31.16% are justified by taking the suggested risk. Use GB Sciences Semi Deviation of 18.32, market risk adjusted performance of 2.08, and Standard Deviation of 603.9 to evaluate company specific risk that cannot be diversified away. Key indicators related to GB Sciences' volatility include:
30 Days Market Risk | Chance Of Distress | 30 Days Economic Sensitivity |
GB Sciences 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 GBLX daily returns, and it is calculated using variance and standard deviation. We also use GBLX's beta, its sensitivity to the market, as well as its odds of financial distress to provide a more practical estimation of GB Sciences volatility.
GBLX |
Since volatility provides investors with entry points to take advantage of stock prices, companies, such as GB Sciences 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 GB Sciences at lower prices. For example, an investor can purchase GBLX 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 GB Sciences' 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.
Moving together with GBLX Pink Sheet
| 0.8 | NVO | Novo Nordisk AS | PairCorr |
| 0.8 | NONOF | Novo Nordisk AS | PairCorr |
| 0.77 | CSLLY | CSL | PairCorr |
| 0.67 | CMXHF | CSL Limited | PairCorr |
| 0.84 | REGN | Regeneron Pharmaceuticals | PairCorr |
| 0.66 | QSAM | Qsam Biosciences | PairCorr |
Moving against GBLX Pink Sheet
| 0.75 | BMA | Banco Macro SA | PairCorr |
| 0.73 | PLTR | Palantir Technologies Aggressive Push | PairCorr |
| 0.58 | KB | KB Financial Group | PairCorr |
| 0.48 | AMKBY | AP Moeller Maersk | PairCorr |
| 0.4 | KAKZF | Kaspi Bank Joint | PairCorr |
GB Sciences Market Sensitivity And Downside Risk
GB Sciences' beta coefficient measures the volatility of GBLX 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 GBLX pink sheet's returns against your selected market. In other words, GB Sciences's beta of 36.65 provides an investor with an approximation of how much risk GB Sciences pink sheet can potentially add to one of your existing portfolios. GB Sciences is showing large volatility of returns over the selected time horizon. GB Sciences is a penny stock. Even though GB Sciences 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 GB Sciences 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 GBLX 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 GB Sciences Demand TrendCheck current 90 days GB Sciences correlation with market (Dow Jones Industrial)GBLX Beta |
GBLX 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 | 179.2 |
It is essential to understand the difference between upside risk (as represented by GB Sciences's standard deviation) and the downside risk, which can be measured by semi-deviation or downside deviation of GB Sciences' daily returns or price. Since the actual investment returns on holding a position in gblx 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 GB Sciences.
GB Sciences Pink Sheet Volatility Analysis
Volatility refers to the frequency at which GB Sciences pink sheet price increases or decreases within a specified period. These fluctuations usually indicate the level of risk that's associated with GB Sciences' price changes. Investors will then calculate the volatility of GB Sciences' 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 GB Sciences' volatility:
Historical Volatility
This type of pink sheet volatility measures GB Sciences' fluctuations based on previous trends. It's commonly used to predict GB Sciences' 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 GB Sciences' 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 GB Sciences' 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. GB Sciences 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.
GB Sciences Projected Return Density Against Market
Given the investment horizon of 90 days the pink sheet has the beta coefficient of 36.6483 . 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, GB Sciences 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 GB Sciences or Healthcare 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 GB Sciences' 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 GBLX 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.
GB Sciences has an alpha of 71.232, implying that it can generate a 71.23 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Predicted Return Density |
| Returns |
What Drives a GB Sciences 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.GB Sciences Pink Sheet Risk Measures
Given the investment horizon of 90 days the coefficient of variation of GB Sciences is 575.05. The daily returns are distributed with a variance of 32112.6 and standard deviation of 179.2. The mean deviation of GB Sciences is currently at 69.13. For similar time horizon, the selected benchmark (Dow Jones Industrial) has volatility of 0.76
α | Alpha over Dow Jones | 71.23 | |
β | Beta against Dow Jones | 36.65 | |
σ | Overall volatility | 179.20 | |
Ir | Information ratio | 0.13 |
GB Sciences Pink Sheet Return Volatility
GB Sciences historical daily return volatility represents how much of GB Sciences pink sheet's daily returns swing around its mean - it is a statistical measure of its dispersion of returns. The company inherits 179.1999% risk (volatility on return distribution) over the 90 days horizon. By contrast, Dow Jones Industrial accepts 0.7444% volatility on return distribution over the 90 days horizon. Performance |
| Timeline |
About GB Sciences Volatility
Volatility is a rate at which the price of GB Sciences 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 GB Sciences may increase or decrease. In other words, similar to GBLX's beta indicator, it measures the risk of GB Sciences and helps estimate the fluctuations that may happen in a short period of time. So if prices of GB Sciences 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.GB Sciences, Inc. engages in the research and development of plant-based medicines in North America and Europe. GB Sciences, Inc. was incorporated in 2001 and is based in Las Vegas, Nevada. Growblox Sciences operates under Biotechnology classification in the United States and is traded on OTC Exchange. It employs 3 people.
GB Sciences' 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 GBLX Pink Sheet over a specified period of time, often expressed as the standard deviation of daily returns. In other words, it measures how much GB Sciences' price varies over time.
3 ways to utilize GB Sciences' volatility to invest better
Higher GB Sciences' stock volatility means that the price of its stock is changing rapidly and unpredictably, while lower stock volatility indicates that the price of GB Sciences 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. GB Sciences 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 GB Sciences investment. A higher volatility means higher risk and potentially larger changes in value.
- Identifying Opportunities: High volatility in GB Sciences' 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 GB Sciences' stock relates to your other investments can help you create a well-diversified portfolio of assets with varying levels of risk.
GB Sciences Investment Opportunity
GB Sciences has a volatility of 179.2 and is 242.16 times more volatile than Dow Jones Industrial. 96 percent of all equities and portfolios are less risky than GB Sciences. You can use GB Sciences to enhance the returns of your portfolios. The pink sheet experiences a very speculative upward sentiment. The trend is possibly hyped up. Check odds of GB Sciences to be traded at $0.0063 in 90 days.Significant diversification
The correlation between GB Sciences and DJI is 0.05 (i.e., Significant diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding GB Sciences and DJI in the same portfolio, assuming nothing else is changed.
GB Sciences Additional Risk Indicators
The analysis of GB Sciences' 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 GB Sciences' investment and either accepting that risk or mitigating it. Along with some common measures of GB Sciences 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 | 0.1061 | |||
| Market Risk Adjusted Performance | 2.08 | |||
| Mean Deviation | 150.67 | |||
| Semi Deviation | 18.32 | |||
| Downside Deviation | 31.17 | |||
| Coefficient Of Variation | 795.46 | |||
| Standard Deviation | 603.9 |
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.
GB Sciences 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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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 GB Sciences 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. GB Sciences' 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, GB Sciences' 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 GB Sciences.
Additional Tools for GBLX Pink Sheet Analysis
When running GB Sciences' price analysis, check to measure GB Sciences' 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 GB Sciences is operating at the current time. Most of GB Sciences' value examination focuses on studying past and present price action to predict the probability of GB Sciences' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move GB Sciences' price. Additionally, you may evaluate how the addition of GB Sciences to your portfolios can decrease your overall portfolio volatility.