Ten Sixty Four Stock Volatility
| MDSMF Stock | USD 0.01 0.00 0.00% |
Ten Sixty Four owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.13, which indicates the firm had a -0.13 % return per unit of risk over the last 3 months. Ten Sixty Four exposes sixteen different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Ten Sixty's Risk Adjusted Performance of (0.09), variance of 96.97, and Coefficient Of Variation of (812.40) to confirm the risk estimate we provide. Key indicators related to Ten Sixty's volatility include:
30 Days Market Risk | Chance Of Distress | 30 Days Economic Sensitivity |
Ten Sixty 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 Ten daily returns, and it is calculated using variance and standard deviation. We also use Ten's beta, its sensitivity to the market, as well as its odds of financial distress to provide a more practical estimation of Ten Sixty volatility.
Ten |
Since volatility provides investors with entry points to take advantage of stock prices, companies, such as Ten Sixty 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 Ten Sixty at lower prices to lower their average cost per share. Similarly, when the prices of Ten Sixty's stock rise, investors can sell out and invest the proceeds in other equities with better opportunities.
Moving against Ten Pink Sheet
Ten Sixty Market Sensitivity And Downside Risk
Ten Sixty's beta coefficient measures the volatility of Ten 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 Ten pink sheet's returns against your selected market. In other words, Ten Sixty's beta of -0.39 provides an investor with an approximation of how much risk Ten Sixty pink sheet can potentially add to one of your existing portfolios. Ten Sixty Four is displaying above-average volatility over the selected time horizon. Ten Sixty Four is a penny stock. Although Ten Sixty 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 Ten Sixty Four. 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 Ten 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 Ten Sixty Four Demand TrendCheck current 90 days Ten Sixty correlation with market (Dow Jones Industrial)Ten Beta |
Ten 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 | 10.08 |
It is essential to understand the difference between upside risk (as represented by Ten Sixty's standard deviation) and the downside risk, which can be measured by semi-deviation or downside deviation of Ten Sixty's daily returns or price. Since the actual investment returns on holding a position in ten 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 Ten Sixty.
Ten Sixty Four Pink Sheet Volatility Analysis
Volatility refers to the frequency at which Ten Sixty pink sheet price increases or decreases within a specified period. These fluctuations usually indicate the level of risk that's associated with Ten Sixty's price changes. Investors will then calculate the volatility of Ten Sixty'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 Ten Sixty's volatility:
Historical Volatility
This type of pink sheet volatility measures Ten Sixty's fluctuations based on previous trends. It's commonly used to predict Ten Sixty'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 Ten Sixty'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 Ten Sixty'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. Ten Sixty Four 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.
Ten Sixty Projected Return Density Against Market
Assuming the 90 days horizon Ten Sixty Four has a beta of -0.3902 . This indicates as returns on the benchmark increase, returns on holding Ten Sixty are expected to decrease at a much lower rate. During a bear market, however, Ten Sixty Four is likely to outperform the market.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 Ten Sixty 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 Ten Sixty'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 Ten 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.
Ten Sixty Four has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the Dow Jones Industrial. Predicted Return Density |
| Returns |
What Drives a Ten Sixty 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.Ten Sixty Pink Sheet Risk Measures
Assuming the 90 days horizon the coefficient of variation of Ten Sixty is -793.73. The daily returns are distributed with a variance of 101.59 and standard deviation of 10.08. The mean deviation of Ten Sixty Four is currently at 2.5. For similar time horizon, the selected benchmark (Dow Jones Industrial) has volatility of 0.84
α | Alpha over Dow Jones | -1.21 | |
β | Beta against Dow Jones | -0.39 | |
σ | Overall volatility | 10.08 | |
Ir | Information ratio | -0.13 |
Ten Sixty Pink Sheet Return Volatility
Ten Sixty historical daily return volatility represents how much of Ten Sixty pink sheet's daily returns swing around its mean - it is a statistical measure of its dispersion of returns. The company shows 10.0791% volatility of returns over 90 . By contrast, Dow Jones Industrial accepts 0.8496% volatility on return distribution over the 90 days horizon. Performance |
| Timeline |
About Ten Sixty Volatility
Volatility is a rate at which the price of Ten Sixty 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 Ten Sixty may increase or decrease. In other words, similar to Ten's beta indicator, it measures the risk of Ten Sixty and helps estimate the fluctuations that may happen in a short period of time. So if prices of Ten Sixty 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.Ten Sixty Four Limited, together with its subsidiaries, engages in the exploration, evaluation, development, production, and sale of gold properties in the Asia Pacific. Ten Sixty Four Limited was incorporated in 2002 and is based in Como, Australia. Ten Sixty operates under Gold classification in the United States and is traded on OTC Exchange.
Ten Sixty'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 Ten Pink Sheet over a specified period of time, often expressed as the standard deviation of daily returns. In other words, it measures how much Ten Sixty's price varies over time.
3 ways to utilize Ten Sixty's volatility to invest better
Higher Ten Sixty's stock volatility means that the price of its stock is changing rapidly and unpredictably, while lower stock volatility indicates that the price of Ten Sixty Four 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. Ten Sixty Four 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 Ten Sixty Four investment. A higher volatility means higher risk and potentially larger changes in value.
- Identifying Opportunities: High volatility in Ten Sixty'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 Ten Sixty's stock relates to your other investments can help you create a well-diversified portfolio of assets with varying levels of risk.
Ten Sixty Investment Opportunity
Ten Sixty Four has a volatility of 10.08 and is 11.86 times more volatile than Dow Jones Industrial. Compared to the overall equity markets, volatility of historical daily returns of Ten Sixty Four is higher than 89 percent of all global equities and portfolios over the last 90 days. You can use Ten Sixty Four to protect your portfolios against small market fluctuations. The pink sheet experiences a normal downward fluctuation but is a risky buy. Check odds of Ten Sixty to be traded at $0.0099 in 90 days.Good diversification
The correlation between Ten Sixty Four and DJI is -0.03 (i.e., Good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Ten Sixty Four and DJI in the same portfolio, assuming nothing else is changed.
Ten Sixty Additional Risk Indicators
The analysis of Ten Sixty'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 Ten Sixty's investment and either accepting that risk or mitigating it. Along with some common measures of Ten Sixty 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 | (0.09) | |||
| Market Risk Adjusted Performance | 3.14 | |||
| Mean Deviation | 2.39 | |||
| Coefficient Of Variation | (812.40) | |||
| Standard Deviation | 9.85 | |||
| Variance | 96.97 | |||
| Information Ratio | (0.13) |
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.
Ten Sixty 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 Ten Sixty 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. Ten Sixty'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, Ten Sixty'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 Ten Sixty Four.
Complementary Tools for Ten Pink Sheet analysis
When running Ten Sixty's price analysis, check to measure Ten Sixty'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 Ten Sixty is operating at the current time. Most of Ten Sixty's value examination focuses on studying past and present price action to predict the probability of Ten Sixty's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Ten Sixty's price. Additionally, you may evaluate how the addition of Ten Sixty to your portfolios can decrease your overall portfolio volatility.
| Efficient Frontier Plot and analyze your portfolio and positions against risk-return landscape of the market. | |
| Analyst Advice Analyst recommendations and target price estimates broken down by several categories | |
| Balance Of Power Check stock momentum by analyzing Balance Of Power indicator and other technical ratios | |
| My Watchlist Analysis Analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like |