G Medical Innovations Stock Volatility
| GMVDF Stock | 0.0001 0.0001 50.00% |
G Medical is out of control given 3 months investment horizon. G Medical Innovations holds Efficiency (Sharpe) Ratio of 0.19, which attests that the company had a 0.19 % return per unit of risk over the last 3 months. We were able to break down nineteen different technical indicators, which can help you to evaluate if expected returns of 40.22% are justified by taking the suggested risk. Use G Medical Innovations coefficient of variation of 678.78, and Standard Deviation of 326.41 to evaluate company specific risk that cannot be diversified away.
GMVDF |
G Medical 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 GMVDF daily returns, and it is calculated using variance and standard deviation. We also use GMVDF's beta, its sensitivity to the market, as well as its odds of financial distress to provide a more practical estimation of G Medical volatility.
Since volatility provides investors with entry points to take advantage of stock prices, companies, such as G Medical 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 G Medical at lower prices to lower their average cost per share. Similarly, when the prices of G Medical's stock rise, investors can sell out and invest the proceeds in other equities with better opportunities.
Moving against GMVDF Pink Sheet
G Medical Market Sensitivity And Downside Risk
G Medical's beta coefficient measures the volatility of GMVDF 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 GMVDF pink sheet's returns against your selected market. In other words, G Medical's beta of -149.26 provides an investor with an approximation of how much risk G Medical pink sheet can potentially add to one of your existing portfolios. G Medical Innovations is displaying above-average volatility over the selected time horizon. G Medical Innovations appears to be a penny stock. Although G Medical Innovations may be, in fact, a solid short-term or long term investment, many penny pink sheets are speculative investment instruments that are often subject to artificial stock promotion and campaigns of hype which may lead to misinformation and misrepresentation. Please make sure you fully understand upside potential and downside risks of investing in G Medical Innovations or similar risky assets. We encourage investors to look for signals such as email spams, message board hypes, claims of breakthroughs, volume upswing without any event/news,and sudden news releases. We also encourage traders to check biographies and work history of company President, CEO or other officers before investing in high-volatility instruments, penny stocks, or equities with microcap classification. You can indeed make money on GMVDF 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 G Medical Innovations Demand TrendCheck current 90 days G Medical correlation with market (Dow Jones Industrial)GMVDF Beta |
GMVDF 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 | 208.34 |
It is essential to understand the difference between upside risk (as represented by G Medical's standard deviation) and the downside risk, which can be measured by semi-deviation or downside deviation of G Medical's daily returns or price. Since the actual investment returns on holding a position in gmvdf 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 G Medical.
G Medical Innovations Pink Sheet Volatility Analysis
Volatility refers to the frequency at which G Medical pink sheet price increases or decreases within a specified period. These fluctuations usually indicate the level of risk that's associated with G Medical's price changes. Investors will then calculate the volatility of G Medical'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 G Medical's volatility:
Historical Volatility
This type of pink sheet volatility measures G Medical's fluctuations based on previous trends. It's commonly used to predict G Medical'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 G Medical'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 G Medical'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. G Medical Innovations 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.
G Medical Projected Return Density Against Market
Assuming the 90 days horizon G Medical Innovations has a beta of -149.2582 . This usually indicates as returns on its benchmark rise, returns on holding G Medical Innovations are expected to decrease by similarly larger amounts. On the other hand, during market turmoils, G Medical is expected to outperform its benchmark.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 G Medical or GMVDF 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 G Medical'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 GMVDF 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.
G Medical Innovations has an alpha of 56.7336, implying that it can generate a 56.73 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Predicted Return Density |
| Returns |
What Drives a G Medical 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.G Medical Pink Sheet Risk Measures
Assuming the 90 days horizon the coefficient of variation of G Medical is 518.06. The daily returns are distributed with a variance of 43406.9 and standard deviation of 208.34. The mean deviation of G Medical Innovations is currently at 86.85. For similar time horizon, the selected benchmark (Dow Jones Industrial) has volatility of 0.7
α | Alpha over Dow Jones | 56.73 | |
β | Beta against Dow Jones | -149.26 | |
σ | Overall volatility | 208.34 | |
Ir | Information ratio | 0.15 |
G Medical Pink Sheet Return Volatility
G Medical historical daily return volatility represents how much of G Medical pink sheet's daily returns swing around its mean - it is a statistical measure of its dispersion of returns. The company shows 208.3432% volatility of returns over 90 . By contrast, Dow Jones Industrial accepts 0.7128% volatility on return distribution over the 90 days horizon. Performance |
| Timeline |
G Medical Investment Opportunity
G Medical Innovations has a volatility of 208.34 and is 293.44 times more volatile than Dow Jones Industrial. Compared to the overall equity markets, volatility of historical daily returns of G Medical Innovations is higher than 96 percent of all global equities and portfolios over the last 90 days. You can use G Medical Innovations to protect your portfolios against small market fluctuations. The pink sheet experiences a very speculative downward sentiment. The market maybe over-reacting. Check odds of G Medical to be traded at 1.0E-4 in 90 days.Very good diversification
The correlation between G Medical Innovations and DJI is -0.32 (i.e., Very good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding G Medical Innovations and DJI in the same portfolio, assuming nothing else is changed.
G Medical Additional Risk Indicators
The analysis of G Medical'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 G Medical's investment and either accepting that risk or mitigating it. Along with some common measures of G Medical 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 | 0.1133 | |||
| Market Risk Adjusted Performance | (0.31) | |||
| Mean Deviation | 100.12 | |||
| Coefficient Of Variation | 678.78 | |||
| Standard Deviation | 326.41 | |||
| Variance | 106546.46 | |||
| Information Ratio | 0.1471 |
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.
G Medical 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.
| Dupont De vs. G Medical | ||
| Alphabet vs. G Medical | ||
| Bank of America vs. G Medical | ||
| Visa vs. G Medical | ||
| Microsoft vs. G Medical | ||
| Salesforce vs. G Medical | ||
| GM vs. G Medical | ||
| Ford vs. G Medical | ||
| SentinelOne vs. G Medical | ||
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 G Medical 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. G Medical'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, G Medical'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 G Medical Innovations.
Complementary Tools for GMVDF Pink Sheet analysis
When running G Medical's price analysis, check to measure G Medical'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 G Medical is operating at the current time. Most of G Medical's value examination focuses on studying past and present price action to predict the probability of G Medical's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move G Medical's price. Additionally, you may evaluate how the addition of G Medical to your portfolios can decrease your overall portfolio volatility.
| Equity Forecasting Use basic forecasting models to generate price predictions and determine price momentum | |
| Portfolio Anywhere Track or share privately all of your investments from the convenience of any device | |
| Alpha Finder Use alpha and beta coefficients to find investment opportunities after accounting for the risk | |
| Competition Analyzer Analyze and compare many basic indicators for a group of related or unrelated entities | |
| Insider Screener Find insiders across different sectors to evaluate their impact on performance | |
| Balance Of Power Check stock momentum by analyzing Balance Of Power indicator and other technical ratios | |
| Correlation Analysis Reduce portfolio risk simply by holding instruments which are not perfectly correlated | |
| Portfolio Backtesting Avoid under-diversification and over-optimization by backtesting your portfolios | |
| Portfolio Dashboard Portfolio dashboard that provides centralized access to all your investments |