Mechel OAO Volatility
We have found zero technical indicators for Mechel OAO, which you can use to evaluate the volatility of the firm. Key indicators related to Mechel OAO's volatility include:
450 Days Market Risk | Chance Of Distress | 450 Days Economic Sensitivity |
Mechel OAO 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 Mechel daily returns, and it is calculated using variance and standard deviation. We also use Mechel's beta, its sensitivity to the market, as well as its odds of financial distress to provide a more practical estimation of Mechel OAO volatility.
Mechel |
Mechel OAO Stock Volatility Analysis
Volatility refers to the frequency at which Mechel OAO delisted stock price increases or decreases within a specified period. These fluctuations usually indicate the level of risk that's associated with Mechel OAO's price changes. Investors will then calculate the volatility of Mechel OAO's stock to predict their future moves. A delisted 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 delisted 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 Mechel OAO's volatility:
Historical Volatility
This type of delisted stock volatility measures Mechel OAO's fluctuations based on previous trends. It's commonly used to predict Mechel OAO'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 Mechel OAO's current market price. This means that the delisted stock will return to its initially predicted market price. This type of volatility can be derived from derivative instruments written on Mechel OAO's to be redeemed at a future date.Transformation |
We are not able to run technical analysis function on this symbol. We either do not have that equity or its historical data is not available at this time. Please try again later.
Mechel OAO Projected Return Density Against Market
Considering the 90-day investment horizon Mechel OAO has a beta that is very close to zero . This indicates the returns on DOW JONES INDUSTRIAL and Mechel OAO do not appear to be very sensitive.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 Mechel OAO or Metals & Mining 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 Mechel OAO'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 Mechel delisted 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.
It does not look like Mechel OAO's alpha can have any bearing on the current valuation. Predicted Return Density |
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What Drives a Mechel OAO Price Volatility?
Several factors can influence a delisted 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.Mechel OAO Stock Risk Measures
Considering the 90-day investment horizon the coefficient of variation of Mechel OAO is 0.0. The daily returns are distributed with a variance of 0.0 and standard deviation of 0.0. The mean deviation of Mechel OAO is currently at 0.0. For similar time horizon, the selected benchmark (Dow Jones Industrial) has volatility of 0.76
α | Alpha over Dow Jones | 0.00 | |
β | Beta against Dow Jones | 0.00 | |
σ | Overall volatility | 0.00 | |
Ir | Information ratio | 0.00 |
Mechel OAO Stock Return Volatility
Mechel OAO historical daily return volatility represents how much of Mechel OAO delisted stock's daily returns swing around its mean - it is a statistical measure of its dispersion of returns. The company has volatility of 0.0% on return distribution over 90 days investment horizon. By contrast, Dow Jones Industrial accepts 0.7777% volatility on return distribution over the 90 days horizon. Performance |
| Timeline |
About Mechel OAO Volatility
Volatility is a rate at which the price of Mechel OAO 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 Mechel OAO may increase or decrease. In other words, similar to Mechel's beta indicator, it measures the risk of Mechel OAO and helps estimate the fluctuations that may happen in a short period of time. So if prices of Mechel OAO 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.Mechel PAO, together with its subsidiaries, engages in mining, steel, and power businesses in Russia, Asia, Europe, the Commonwealth of Independent States, and internationally. Mechel PAO was incorporated in 2003 and is headquartered in Moscow, Russia. Mechel PAO is traded on NYQ Exchange in the United States.
Mechel OAO'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 Mechel Stock over a specified period of time, often expressed as the standard deviation of daily returns. In other words, it measures how much Mechel OAO's price varies over time.
3 ways to utilize Mechel OAO's volatility to invest better
Higher Mechel OAO's stock volatility means that the price of its stock is changing rapidly and unpredictably, while lower stock volatility indicates that the price of Mechel OAO 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. Mechel OAO 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 Mechel OAO investment. A higher volatility means higher risk and potentially larger changes in value.
- Identifying Opportunities: High volatility in Mechel OAO'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 Mechel OAO's stock relates to your other investments can help you create a well-diversified portfolio of assets with varying levels of risk.
Mechel OAO Investment Opportunity
Dow Jones Industrial has a standard deviation of returns of 0.78 and is 9.223372036854776E16 times more volatile than Mechel OAO. Compared to the overall equity markets, volatility of historical daily returns of Mechel OAO is lower than 0 percent of all global equities and portfolios over the last 90 days. You can use Mechel OAO to protect your portfolios against small market fluctuations. The stock experiences a normal downward trend, but the immediate impact on correlations cannot be determined at the moment . Check odds of Mechel OAO to be traded at $0.0 in 90 days.Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
Mechel OAO 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 Mechel OAO 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. Mechel OAO'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, Mechel OAO'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 Mechel OAO.
Check out Correlation Analysis to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate. You can also try the Balance Of Power module to check stock momentum by analyzing Balance Of Power indicator and other technical ratios.
Other Consideration for investing in Mechel Stock
If you are still planning to invest in Mechel OAO check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Mechel OAO's history and understand the potential risks before investing.
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