Hydromer Stock Volatility
| HYDI Stock | USD 0.45 0.34 309.09% |
Hydromer is out of control given 3 months investment horizon. Hydromer holds Efficiency (Sharpe) Ratio of 0.17, which attests that the entity had a 0.17 % return per unit of risk over the last 3 months. We were able to break down twenty-one different technical indicators, which can help you to evaluate if expected returns of 6.68% are justified by taking the suggested risk. Use Hydromer Risk Adjusted Performance of 0.1541, standard deviation of 61.9, and Market Risk Adjusted Performance of (1.48) to evaluate company specific risk that cannot be diversified away.
Sharpe Ratio = 0.1656
| High Returns | Best Equity | HYDI | ||
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Based on monthly moving average Hydromer is performing at about 13% 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 Hydromer by adding it to a well-diversified portfolio.
Key indicators related to Hydromer's volatility include:90 Days Market Risk | Chance Of Distress | 90 Days Economic Sensitivity |
Hydromer 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 Hydromer daily returns, and it is calculated using variance and standard deviation. We also use Hydromer's beta, its sensitivity to the market, as well as its odds of financial distress to provide a more practical estimation of Hydromer volatility.
Hydromer |
Downward market volatility can be a perfect environment for investors who play the long game. Here, they may decide to buy additional stocks of Hydromer at lower prices. For example, an investor can purchase Hydromer 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. Main indicators related to Hydromer's market risk premium analysis include:
Beta (8.16) | Alpha 12.69 | Risk 40.35 | Sharpe Ratio 0.17 | Expected Return 6.68 |
Moving together with Hydromer Pink Sheet
| 0.71 | ABEV | Ambev SA ADR Aggressive Push | PairCorr |
| 0.66 | XOM | Exxon Mobil Corp Earnings Call This Week | PairCorr |
| 0.64 | JNJ | Johnson Johnson | PairCorr |
| 0.62 | DD | Dupont De Nemours | PairCorr |
Moving against Hydromer Pink Sheet
| 0.64 | HPQ | HP Inc | PairCorr |
| 0.59 | GRAB | Grab Holdings Aggressive Push | PairCorr |
| 0.55 | MAPSW | WM Technology | PairCorr |
| 0.55 | NIO | Nio Class A | PairCorr |
| 0.55 | MSFT | Microsoft Aggressive Push | PairCorr |
| 0.42 | PCTTW | PureCycle Technologies | PairCorr |
| 0.33 | RXRX | Recursion Pharmaceuticals | PairCorr |
Hydromer Market Sensitivity And Downside Risk
Hydromer's beta coefficient measures the volatility of Hydromer 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 Hydromer pink sheet's returns against your selected market. In other words, Hydromer's beta of -8.16 provides an investor with an approximation of how much risk Hydromer pink sheet can potentially add to one of your existing portfolios. Hydromer is displaying above-average volatility over the selected time horizon. Hydromer is a potential penny stock. Although Hydromer may be in fact a good instrument to invest, many penny pink sheets 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 Hydromer. 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 Hydromer 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 Hydromer Demand TrendCheck current 90 days Hydromer correlation with market (Dow Jones Industrial)Hydromer Volatility and Downside Risk
Hydromer 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.
Hydromer Pink Sheet Volatility Analysis
Volatility refers to the frequency at which Hydromer pink sheet price increases or decreases within a specified period. These fluctuations usually indicate the level of risk that's associated with Hydromer's price changes. Investors will then calculate the volatility of Hydromer'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 Hydromer's volatility:
Historical Volatility
This type of pink sheet volatility measures Hydromer's fluctuations based on previous trends. It's commonly used to predict Hydromer'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 Hydromer'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 Hydromer'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. Hydromer 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.
Hydromer Projected Return Density Against Market
Given the investment horizon of 90 days Hydromer has a beta of -8.1622 . This usually indicates as returns on its benchmark rise, returns on holding Hydromer are expected to decrease by similarly larger amounts. On the other hand, during market turmoils, Hydromer 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 Hydromer or Chemicals 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 Hydromer'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 Hydromer 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.
Hydromer has an alpha of 12.6894, implying that it can generate a 12.69 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Predicted Return Density |
| Returns |
What Drives a Hydromer 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.Hydromer Pink Sheet Risk Measures
Given the investment horizon of 90 days the coefficient of variation of Hydromer is 603.96. The daily returns are distributed with a variance of 1628.29 and standard deviation of 40.35. The mean deviation of Hydromer is currently at 12.47. For similar time horizon, the selected benchmark (Dow Jones Industrial) has volatility of 0.74
α | Alpha over Dow Jones | 12.69 | |
β | Beta against Dow Jones | -8.16 | |
σ | Overall volatility | 40.35 | |
Ir | Information ratio | 0.19 |
Hydromer Pink Sheet Return Volatility
Hydromer historical daily return volatility represents how much of Hydromer pink sheet's daily returns swing around its mean - it is a statistical measure of its dispersion of returns. The firm inherits 40.3521% risk (volatility on return distribution) over the 90 days horizon. By contrast, Dow Jones Industrial accepts 0.7485% volatility on return distribution over the 90 days horizon. Performance |
| Timeline |
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 Hydromer Pink Sheet performing well and Hydromer 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 Hydromer'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| CBNT | 3.03 | 0.39 | 0.00 | (0.03) | 0.00 | 0.00 | 66.67 | |||
| GPHBF | 3.01 | 0.67 | 0.00 | 0.63 | 0.00 | 0.00 | 100.00 | |||
| INTK | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
| QGRSF | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
| SARMF | 0.16 | 0.03 | 0.00 | 0.47 | 0.00 | 0.50 | 3.43 | |||
| MOPN | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
| MGIDF | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
| NWGC | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
| GBGD | 2.98 | (1.72) | 0.00 | (0.53) | 0.00 | 0.00 | 99.93 | |||
| PGPGF | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
About Hydromer Volatility
Volatility is a rate at which the price of Hydromer 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 Hydromer may increase or decrease. In other words, similar to Hydromer's beta indicator, it measures the risk of Hydromer and helps estimate the fluctuations that may happen in a short period of time. So if prices of Hydromer 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.Hydromer, Inc. invents, develops, patents, licenses, manufactures, and sells hydrophilic polymer-based products and services in the United States and internationally. Hydromer, Inc. was founded in 1980 and is based in Branchburg, New Jersey. Hydromer operates under Specialty Chemicals classification in the United States and is traded on OTC Exchange. It employs 34 people.
Hydromer'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 Hydromer Pink Sheet over a specified period of time, often expressed as the standard deviation of daily returns. In other words, it measures how much Hydromer's price varies over time.
3 ways to utilize Hydromer's volatility to invest better
Higher Hydromer's stock volatility means that the price of its stock is changing rapidly and unpredictably, while lower stock volatility indicates that the price of Hydromer 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. Hydromer 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 Hydromer investment. A higher volatility means higher risk and potentially larger changes in value.
- Identifying Opportunities: High volatility in Hydromer'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 Hydromer's stock relates to your other investments can help you create a well-diversified portfolio of assets with varying levels of risk.
Hydromer Investment Opportunity
Hydromer has a volatility of 40.35 and is 53.8 times more volatile than Dow Jones Industrial. 96 percent of all equities and portfolios are less risky than Hydromer. You can use Hydromer 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 Hydromer to be traded at $0.5625 in 90 days.Very weak diversification
The correlation between Hydromer and DJI is 0.44 (i.e., Very weak diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Hydromer and DJI in the same portfolio, assuming nothing else is changed.
Hydromer Additional Risk Indicators
The analysis of Hydromer'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 Hydromer's investment and either accepting that risk or mitigating it. Along with some common measures of Hydromer 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 | 0.1541 | |||
| Market Risk Adjusted Performance | (1.48) | |||
| Mean Deviation | 22.43 | |||
| Coefficient Of Variation | 510.09 | |||
| Standard Deviation | 61.9 | |||
| Variance | 3831.22 | |||
| Information Ratio | 0.1948 |
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.
Hydromer 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 Hydromer 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. Hydromer'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, Hydromer'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 Hydromer.
Complementary Tools for Hydromer Pink Sheet analysis
When running Hydromer's price analysis, check to measure Hydromer'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 Hydromer is operating at the current time. Most of Hydromer's value examination focuses on studying past and present price action to predict the probability of Hydromer's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Hydromer's price. Additionally, you may evaluate how the addition of Hydromer to your portfolios can decrease your overall portfolio volatility.
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