Grande Asset (Thailand) Volatility
| GRAND Stock | THB 0.09 0.01 12.50% |
Grande Asset is out of control given 3 months investment horizon. Grande Asset Hotels holds Efficiency (Sharpe) Ratio of 0.12, which attests that the entity had a 0.12% return per unit of standard deviation over the last 3 months. We have analyzed thirty different technical indicators, which can help you to evaluate if expected returns of 14.94% are justified by taking the suggested risk. Use Grande Asset Hotels risk adjusted performance of 0.0343, and Market Risk Adjusted Performance of (0.14) to evaluate company specific risk that cannot be diversified away. Key indicators related to Grande Asset's volatility include:
90 Days Market Risk | Chance Of Distress | 90 Days Economic Sensitivity |
Grande Asset 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 Grande daily returns, and it is calculated using variance and standard deviation. We also use Grande's beta, its sensitivity to the market, as well as its odds of financial distress to provide a more practical estimation of Grande Asset volatility.
Grande |
Since volatility provides investors with entry points to take advantage of stock prices, companies, such as Grande Asset 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 Grande Asset at lower prices to lower their average cost per share. Similarly, when the prices of Grande Asset's stock rise, investors can sell out and invest the proceeds in other equities with better opportunities.
Moving together with Grande Stock
Grande Asset Market Sensitivity And Downside Risk
Grande Asset's beta coefficient measures the volatility of Grande 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 Grande stock's returns against your selected market. In other words, Grande Asset's beta of -1.52 provides an investor with an approximation of how much risk Grande Asset stock can potentially add to one of your existing portfolios. Grande Asset Hotels is showing large volatility of returns over the selected time horizon. Grande Asset Hotels is a penny stock. Although Grande Asset may be in fact a good investment, many penny stocks are subject to artificial price hype. Make sure you completely understand the upside potential and downside risk of investing in Grande Asset Hotels. 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 Grande 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 Grande Asset Hotels Demand TrendCheck current 90 days Grande Asset correlation with market (Dow Jones Industrial)Grande Beta |
Grande 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 | 127.98 |
It is essential to understand the difference between upside risk (as represented by Grande Asset's standard deviation) and the downside risk, which can be measured by semi-deviation or downside deviation of Grande Asset's daily returns or price. Since the actual investment returns on holding a position in grande 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 Grande Asset.
Grande Asset Hotels Stock Volatility Analysis
Volatility refers to the frequency at which Grande Asset stock price increases or decreases within a specified period. These fluctuations usually indicate the level of risk that's associated with Grande Asset's price changes. Investors will then calculate the volatility of Grande Asset'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 Grande Asset's volatility:
Historical Volatility
This type of stock volatility measures Grande Asset's fluctuations based on previous trends. It's commonly used to predict Grande Asset'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 Grande Asset'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 Grande Asset'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. Grande Asset Hotels 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.
Grande Asset Projected Return Density Against Market
Assuming the 90 days trading horizon Grande Asset Hotels has a beta of -1.5226 . This usually indicates as returns on its benchmark rise, returns on holding Grande Asset Hotels are expected to decrease by similarly larger amounts. On the other hand, during market turmoils, Grande Asset 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 Grande Asset or Hotels, Restaurants & Leisure 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 Grande Asset'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 Grande 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.
Grande Asset Hotels has an alpha of 0.4049, implying that it can generate a 0.4 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Predicted Return Density |
| Returns |
What Drives a Grande Asset 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.Grande Asset Stock Risk Measures
Assuming the 90 days trading horizon the coefficient of variation of Grande Asset is 856.55. The daily returns are distributed with a variance of 16380.14 and standard deviation of 127.98. The mean deviation of Grande Asset Hotels is currently at 32.17. For similar time horizon, the selected benchmark (Dow Jones Industrial) has volatility of 0.76
α | Alpha over Dow Jones | 0.40 | |
β | Beta against Dow Jones | -1.52 | |
σ | Overall volatility | 127.98 | |
Ir | Information ratio | 0.01 |
Grande Asset Stock Return Volatility
Grande Asset historical daily return volatility represents how much of Grande Asset stock's daily returns swing around its mean - it is a statistical measure of its dispersion of returns. The company accepts 127.9849% volatility on return distribution over the 90 days horizon. By contrast, Dow Jones Industrial accepts 0.7716% volatility on return distribution over the 90 days horizon. Performance |
| Timeline |
About Grande Asset Volatility
Volatility is a rate at which the price of Grande Asset 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 Grande Asset may increase or decrease. In other words, similar to Grande's beta indicator, it measures the risk of Grande Asset and helps estimate the fluctuations that may happen in a short period of time. So if prices of Grande Asset 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.Grande Asset Hotels and Property Public Company Limited, together with its subsidiaries, engages in the hotel, property development, and rental businesses in Thailand. Grande Asset Hotels and Property Public Company Limited was incorporated in 1988 and is headquartered in Bangkok, Thailand. GRANDE ASSET operates under Lodging classification in Thailand and is traded on Stock Exchange of Thailand.
Grande Asset'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 Grande Stock over a specified period of time, often expressed as the standard deviation of daily returns. In other words, it measures how much Grande Asset's price varies over time.
3 ways to utilize Grande Asset's volatility to invest better
Higher Grande Asset's stock volatility means that the price of its stock is changing rapidly and unpredictably, while lower stock volatility indicates that the price of Grande Asset Hotels 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. Grande Asset Hotels 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 Grande Asset Hotels investment. A higher volatility means higher risk and potentially larger changes in value.
- Identifying Opportunities: High volatility in Grande Asset'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 Grande Asset's stock relates to your other investments can help you create a well-diversified portfolio of assets with varying levels of risk.
Grande Asset Investment Opportunity
Grande Asset Hotels has a volatility of 127.98 and is 166.21 times more volatile than Dow Jones Industrial. 96 percent of all equities and portfolios are less risky than Grande Asset. You can use Grande Asset Hotels to enhance the returns of your portfolios. The stock experiences a very speculative upward sentiment. Check odds of Grande Asset to be traded at 0.1125 in 90 days.Good diversification
The correlation between Grande Asset Hotels and DJI is -0.17 (i.e., Good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Grande Asset Hotels and DJI in the same portfolio, assuming nothing else is changed.
Grande Asset Additional Risk Indicators
The analysis of Grande Asset'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 Grande Asset's investment and either accepting that risk or mitigating it. Along with some common measures of Grande Asset 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 | 0.0343 | |||
| Market Risk Adjusted Performance | (0.14) | |||
| Mean Deviation | 4.17 | |||
| Semi Deviation | 4.8 | |||
| Downside Deviation | 10.15 | |||
| Coefficient Of Variation | 3006.26 | |||
| Standard Deviation | 6.96 |
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.
Grande Asset 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.
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 Grande Asset 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. Grande Asset'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, Grande Asset'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 Grande Asset Hotels.
Complementary Tools for Grande Stock analysis
When running Grande Asset's price analysis, check to measure Grande Asset'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 Grande Asset is operating at the current time. Most of Grande Asset's value examination focuses on studying past and present price action to predict the probability of Grande Asset's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Grande Asset's price. Additionally, you may evaluate how the addition of Grande Asset to your portfolios can decrease your overall portfolio volatility.
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