Innovative Designs Stock Volatility
| IVDN Stock | USD 0.24 0.05 26.32% |
As of now, Innovative Pink Sheet is out of control. Innovative Designs holds Efficiency (Sharpe) Ratio of 0.0215, which attests that the entity had a 0.0215 % return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Innovative Designs, which you can use to evaluate the volatility of the firm. Please check out Innovative Designs' Risk Adjusted Performance of 0.0239, downside deviation of 11.34, and Market Risk Adjusted Performance of 0.1196 to validate if the risk estimate we provide is consistent with the expected return of 0.19%.
Sharpe Ratio = 0.0215
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Based on monthly moving average Innovative Designs is performing at about 1% 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 Innovative Designs by adding it to a well-diversified portfolio.
Key indicators related to Innovative Designs' volatility include:30 Days Market Risk | Chance Of Distress | 30 Days Economic Sensitivity |
Innovative Designs 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 Innovative daily returns, and it is calculated using variance and standard deviation. We also use Innovative's beta, its sensitivity to the market, as well as its odds of financial distress to provide a more practical estimation of Innovative Designs volatility.
Innovative |
Since volatility provides investors with entry points to take advantage of stock prices, companies, such as Innovative Designs 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 Innovative Designs at lower prices. For example, an investor can purchase Innovative 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 Innovative Designs' 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 Innovative Designs' market risk premium analysis include:
Beta 1.6 | Alpha 0.0309 | Risk 8.88 | Sharpe Ratio 0.0215 | Expected Return 0.19 |
Moving against Innovative Pink Sheet
| 0.63 | AAPL | Apple Inc | PairCorr |
| 0.62 | NXGPF | NEXT plc | PairCorr |
| 0.61 | GOOG | Alphabet Class C | PairCorr |
| 0.58 | TJX | TJX Companies | PairCorr |
| 0.58 | BMYMP | Bristol Myers Squibb | PairCorr |
| 0.55 | ROST | Ross Stores | PairCorr |
| 0.51 | IDEXF | Industria de Diseo | PairCorr |
| 0.5 | IDEXY | Industria de Diseno | PairCorr |
| 0.49 | LULU | Lululemon Athletica | PairCorr |
Innovative Designs Market Sensitivity And Downside Risk
Innovative Designs' beta coefficient measures the volatility of Innovative 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 Innovative pink sheet's returns against your selected market. In other words, Innovative Designs's beta of 1.6 provides an investor with an approximation of how much risk Innovative Designs pink sheet can potentially add to one of your existing portfolios. Innovative Designs is showing large volatility of returns over the selected time horizon. Innovative Designs is a potential penny stock. Although Innovative Designs 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 Innovative Designs. 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 Innovative 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 Innovative Designs Demand TrendCheck current 90 days Innovative Designs correlation with market (Dow Jones Industrial)Innovative Designs Volatility and Downside Risk
Innovative 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.
Innovative Designs Pink Sheet Volatility Analysis
Volatility refers to the frequency at which Innovative Designs pink sheet price increases or decreases within a specified period. These fluctuations usually indicate the level of risk that's associated with Innovative Designs' price changes. Investors will then calculate the volatility of Innovative Designs' 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 Innovative Designs' volatility:
Historical Volatility
This type of pink sheet volatility measures Innovative Designs' fluctuations based on previous trends. It's commonly used to predict Innovative Designs' 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 Innovative Designs' 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 Innovative Designs' 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. Innovative Designs 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.
Innovative Designs Projected Return Density Against Market
Given the investment horizon of 90 days the pink sheet has the beta coefficient of 1.6003 . 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, Innovative Designs 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 Innovative Designs or Consumer Cyclical 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 Innovative Designs' 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 Innovative 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.
Innovative Designs has an alpha of 0.0309, implying that it can generate a 0.0309 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Predicted Return Density |
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What Drives an Innovative Designs 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.Innovative Designs Pink Sheet Risk Measures
Given the investment horizon of 90 days the coefficient of variation of Innovative Designs is 4645.06. The daily returns are distributed with a variance of 78.93 and standard deviation of 8.88. The mean deviation of Innovative Designs is currently at 5.12. For similar time horizon, the selected benchmark (Dow Jones Industrial) has volatility of 0.69
α | Alpha over Dow Jones | 0.03 | |
β | Beta against Dow Jones | 1.60 | |
σ | Overall volatility | 8.88 | |
Ir | Information ratio | 0.01 |
Innovative Designs Pink Sheet Return Volatility
Innovative Designs historical daily return volatility represents how much of Innovative Designs pink sheet's daily returns swing around its mean - it is a statistical measure of its dispersion of returns. The firm inherits 8.8842% risk (volatility on return distribution) over the 90 days horizon. By contrast, Dow Jones Industrial accepts 0.6944% 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 Innovative Pink Sheet performing well and Innovative Designs 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 Innovative Designs' 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| ALLGF | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
| EPTI | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
| EMCMF | 2.34 | 0.92 | 0.00 | (0.85) | 0.00 | 0.00 | 40.00 | |||
| DXYN | 4.87 | (0.46) | 0.00 | 0.81 | 0.00 | 12.24 | 32.22 | |||
| ICDX | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
| KENS | 18.18 | 7.82 | 0.18 | (0.93) | 14.15 | 34.62 | 386.06 | |||
| ECXJ | 2.39 | 1.15 | 0.00 | 2.82 | 0.00 | 0.00 | 80.32 | |||
| FFLO | 2.34 | (1.19) | 0.00 | 8.07 | 0.00 | 0.00 | 78.50 | |||
| GFASY | 9.09 | (0.66) | 0.00 | (0.04) | 0.00 | 38.46 | 155.66 | |||
| TOYRF | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
About Innovative Designs Volatility
Volatility is a rate at which the price of Innovative Designs 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 Innovative Designs may increase or decrease. In other words, similar to Innovative's beta indicator, it measures the risk of Innovative Designs and helps estimate the fluctuations that may happen in a short period of time. So if prices of Innovative Designs 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.Innovative Designs, Inc. manufactures and markets cold weather recreational and industrial clothing products in the United States and Canada. Innovative Designs, Inc. was incorporated in 2002 and is based in Pittsburgh, Pennsylvania. Innovative Designs operates under Apparel Retail classification in the United States and is traded on OTC Exchange. It employs 2 people.
Innovative Designs' 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 Innovative Pink Sheet over a specified period of time, often expressed as the standard deviation of daily returns. In other words, it measures how much Innovative Designs' price varies over time.
3 ways to utilize Innovative Designs' volatility to invest better
Higher Innovative Designs' stock volatility means that the price of its stock is changing rapidly and unpredictably, while lower stock volatility indicates that the price of Innovative Designs 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. Innovative Designs 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 Innovative Designs investment. A higher volatility means higher risk and potentially larger changes in value.
- Identifying Opportunities: High volatility in Innovative Designs' 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 Innovative Designs' stock relates to your other investments can help you create a well-diversified portfolio of assets with varying levels of risk.
Innovative Designs Investment Opportunity
Innovative Designs has a volatility of 8.88 and is 12.87 times more volatile than Dow Jones Industrial. 79 percent of all equities and portfolios are less risky than Innovative Designs. You can use Innovative Designs 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 Innovative Designs to be traded at $0.3 in 90 days.Average diversification
The correlation between Innovative Designs and DJI is 0.13 (i.e., Average diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Innovative Designs and DJI in the same portfolio, assuming nothing else is changed.
Innovative Designs Additional Risk Indicators
The analysis of Innovative Designs' 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 Innovative Designs' investment and either accepting that risk or mitigating it. Along with some common measures of Innovative Designs 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 | 0.0239 | |||
| Market Risk Adjusted Performance | 0.1196 | |||
| Mean Deviation | 4.96 | |||
| Semi Deviation | 6.14 | |||
| Downside Deviation | 11.34 | |||
| Coefficient Of Variation | 4716.01 | |||
| Standard Deviation | 8.75 |
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.
Innovative Designs 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 Innovative Designs 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. Innovative Designs' 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, Innovative Designs' 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 Innovative Designs.
Other Information on Investing in Innovative Pink Sheet
Innovative Designs financial ratios help investors to determine whether Innovative Pink Sheet is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Innovative with respect to the benefits of owning Innovative Designs security.