Geo Js Tech Stock Volatility
| GJST Stock | USD 0.03 0 3.45% |
GEO JS is out of control given 3 months investment horizon. GEO JS Tech holds Efficiency (Sharpe) Ratio of 0.22, which attests that the entity had a 0.22 % return per unit of volatility over the last 3 months. We are able to interpolate and collect twenty-nine different technical indicators, which can help you to evaluate if expected returns of 2.96% are justified by taking the suggested risk. Use GEO JS Tech risk adjusted performance of 0.1752, and Market Risk Adjusted Performance of 3.44 to evaluate company specific risk that cannot be diversified away.
Sharpe Ratio = 0.2245
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Based on monthly moving average GEO JS is performing at about 17% 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 GEO JS by adding it to a well-diversified portfolio.
Key indicators related to GEO JS's volatility include:90 Days Market Risk | Chance Of Distress | 90 Days Economic Sensitivity |
GEO JS 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 GEO daily returns, and it is calculated using variance and standard deviation. We also use GEO's beta, its sensitivity to the market, as well as its odds of financial distress to provide a more practical estimation of GEO JS volatility.
GEO |
Since volatility provides investors with entry points to take advantage of stock prices, companies, such as GEO JS 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 GEO JS at lower prices. For example, an investor can purchase GEO 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 GEO JS'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 GEO JS's market risk premium analysis include:
Beta 0.86 | Alpha 2.87 | Risk 13.17 | Sharpe Ratio 0.22 | Expected Return 2.96 |
Moving together with GEO Pink Sheet
| 0.86 | RIO | Rio Tinto ADR | PairCorr |
| 0.93 | GLCNF | Glencore PLC | PairCorr |
| 0.94 | GLNCY | Glencore PLC ADR | PairCorr |
| 0.79 | BFDE | Bedford Energy | PairCorr |
| 0.62 | KMFG | KMFG | PairCorr |
| 0.67 | AEM | Agnico Eagle Mines | PairCorr |
Moving against GEO Pink Sheet
GEO JS Market Sensitivity And Downside Risk
GEO JS's beta coefficient measures the volatility of GEO 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 GEO pink sheet's returns against your selected market. In other words, GEO JS's beta of 0.86 provides an investor with an approximation of how much risk GEO JS pink sheet can potentially add to one of your existing portfolios. GEO JS Tech is showing large volatility of returns over the selected time horizon. GEO JS Tech is a penny stock. Although GEO JS may be in fact a good investment, many penny pink sheets are subject to artificial price hype. Make sure you completely understand the upside potential and downside risk of investing in GEO JS Tech. 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 GEO 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 GEO JS Tech Demand TrendCheck current 90 days GEO JS correlation with market (Dow Jones Industrial)GEO JS Volatility and Downside Risk
GEO 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.
GEO JS Tech Pink Sheet Volatility Analysis
Volatility refers to the frequency at which GEO JS pink sheet price increases or decreases within a specified period. These fluctuations usually indicate the level of risk that's associated with GEO JS's price changes. Investors will then calculate the volatility of GEO JS'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 GEO JS's volatility:
Historical Volatility
This type of pink sheet volatility measures GEO JS's fluctuations based on previous trends. It's commonly used to predict GEO JS'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 GEO JS'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 GEO JS'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. GEO JS Tech 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.
GEO JS Projected Return Density Against Market
Given the investment horizon of 90 days GEO JS has a beta of 0.8604 . This usually indicates GEO JS Tech market returns are related to returns on the market. As the market goes up or down, GEO JS is expected to follow.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 GEO JS 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 GEO JS'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 GEO 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.
GEO JS Tech has an alpha of 2.8661, implying that it can generate a 2.87 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Predicted Return Density |
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What Drives a GEO JS 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.GEO JS Pink Sheet Risk Measures
Given the investment horizon of 90 days the coefficient of variation of GEO JS is 445.41. The daily returns are distributed with a variance of 173.46 and standard deviation of 13.17. The mean deviation of GEO JS Tech is currently at 7.1. For similar time horizon, the selected benchmark (Dow Jones Industrial) has volatility of 0.74
α | Alpha over Dow Jones | 2.87 | |
β | Beta against Dow Jones | 0.86 | |
σ | Overall volatility | 13.17 | |
Ir | Information ratio | 0.22 |
GEO JS Pink Sheet Return Volatility
GEO JS historical daily return volatility represents how much of GEO JS pink sheet's daily returns swing around its mean - it is a statistical measure of its dispersion of returns. The firm inherits 13.1706% risk (volatility on return distribution) over the 90 days horizon. By contrast, Dow Jones Industrial accepts 0.7399% volatility on return distribution over the 90 days horizon. Performance |
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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 GEO Pink Sheet performing well and GEO JS 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 GEO JS'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| BMVVF | 5.25 | 0.12 | 0.00 | (0.99) | 10.28 | 0.00 | 114.29 | |||
| SVMFF | 4.43 | 1.46 | 0.20 | 1.55 | 3.29 | 14.29 | 31.76 | |||
| THURF | 4.55 | 2.40 | 0.00 | (0.84) | 0.00 | 11.57 | 77.62 | |||
| SAIDF | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
| SRCH | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
| MLGCF | 0.58 | 0.23 | 0.00 | 0.55 | 0.00 | 0.00 | 18.75 | |||
| NLGCF | 1.54 | 0.68 | 0.00 | 0.76 | 0.00 | 0.00 | 50.00 | |||
| NBMLF | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
| BYDMF | 9.10 | 1.58 | 0.16 | 0.71 | 8.67 | 22.45 | 65.82 |
About GEO JS Volatility
Volatility is a rate at which the price of GEO JS 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 GEO JS may increase or decrease. In other words, similar to GEO's beta indicator, it measures the risk of GEO JS and helps estimate the fluctuations that may happen in a short period of time. So if prices of GEO JS 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.GEO JS Tech Group Corp. engages in the exploration of sand, stone, and iron minerals in Mexico and Malaysia. The company was founded in 2010 and is based in Houston, Texas. Geo Js is traded on OTC Exchange in the United States.
GEO JS'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 GEO Pink Sheet over a specified period of time, often expressed as the standard deviation of daily returns. In other words, it measures how much GEO JS's price varies over time.
3 ways to utilize GEO JS's volatility to invest better
Higher GEO JS's stock volatility means that the price of its stock is changing rapidly and unpredictably, while lower stock volatility indicates that the price of GEO JS Tech 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. GEO JS Tech 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 GEO JS Tech investment. A higher volatility means higher risk and potentially larger changes in value.
- Identifying Opportunities: High volatility in GEO JS's stock can indicate that there is potential for significant price movements, either up or down, which could present investment opportunities.
- Diversification: Understanding