Optec International Stock Volatility
| OPTI Stock | USD 0.0002 0.0007 77.78% |
Optec International is out of control given 3 months investment horizon. Optec International maintains Sharpe Ratio (i.e., Efficiency) of 0.0856, which implies the firm had a 0.0856 % return per unit of risk over the last 3 months. We were able to interpolate and analyze data for twenty-eight different technical indicators, which can help you to evaluate if expected returns of 4.39% are justified by taking the suggested risk. Use Optec International Semi Deviation of 24.12, coefficient of variation of 1077.07, and Risk Adjusted Performance of 0.0846 to evaluate company specific risk that cannot be diversified away.
Sharpe Ratio = 0.0856
| High Returns | Best Equity | OPTI | ||
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Based on monthly moving average Optec International is performing at about 6% 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 Optec International by adding it to a well-diversified portfolio.
Key indicators related to Optec International's volatility include:90 Days Market Risk | Chance Of Distress | 90 Days Economic Sensitivity |
Optec International 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 Optec daily returns, and it is calculated using variance and standard deviation. We also use Optec's beta, its sensitivity to the market, as well as its odds of financial distress to provide a more practical estimation of Optec International volatility.
Optec |
Downward market volatility can be a perfect environment for investors who play the long game. Here, they may decide to buy additional stocks of Optec International at lower prices. For example, an investor can purchase Optec 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 Optec International's market risk premium analysis include:
Beta (18.01) | Alpha 6.03 | Risk 51.32 | Sharpe Ratio 0.0856 | Expected Return 4.39 |
Moving together with Optec Pink Sheet
Moving against Optec Pink Sheet
| 0.78 | AVAL | Grupo Aval | PairCorr |
| 0.76 | BCH | Banco De Chile | PairCorr |
| 0.72 | SHG | Shinhan Financial Earnings Call This Week | PairCorr |
| 0.72 | WF | Woori Financial Group | PairCorr |
| 0.72 | WFC-PL | Wells Fargo | PairCorr |
| 0.71 | KB | KB Financial Group Earnings Call This Week | PairCorr |
| 0.65 | CTTAY | Continental AG PK | PairCorr |
| 0.63 | BAC-PL | Bank of America | PairCorr |
| 0.6 | CTTAF | Continental Aktiengesellscha | PairCorr |
| 0.49 | DNZOY | Denso Corp ADR | PairCorr |
Optec International Market Sensitivity And Downside Risk
Optec International's beta coefficient measures the volatility of Optec 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 Optec pink sheet's returns against your selected market. In other words, Optec International's beta of -18.01 provides an investor with an approximation of how much risk Optec International pink sheet can potentially add to one of your existing portfolios. Optec International is showing large volatility of returns over the selected time horizon. Optec International appears to be a penny stock. Although Optec International may be, in fact, a solid short-term or long term investment, many penny pink sheets are speculative investment instruments that are often subject to artificial stock promotion and campaigns of hype which may lead to misinformation and misrepresentation. Please make sure you fully understand upside potential and downside risks of investing in Optec International or similar risky assets. We encourage investors to look for signals such as email spams, message board hypes, claims of breakthroughs, volume upswing without any event/news,and sudden news releases. We also encourage traders to check biographies and work history of company President, CEO or other officers before investing in high-volatility instruments, penny stocks, or equities with microcap classification. You can indeed make money on Optec 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.
| α | 6.03 | β | -18.01 | Check current 90 days Optec International correlation with market (Dow Jones Industrial)
Optec International Volatility and Downside Risk
Optec 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.
Optec International Pink Sheet Volatility Analysis
Volatility refers to the frequency at which Optec International pink sheet price increases or decreases within a specified period. These fluctuations usually indicate the level of risk that's associated with Optec International's price changes. Investors will then calculate the volatility of Optec International'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 Optec International's volatility:
Historical Volatility
This type of pink sheet volatility measures Optec International's fluctuations based on previous trends. It's commonly used to predict Optec International'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 Optec International'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 Optec International'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. Optec International 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.
Optec International Projected Return Density Against Market
Given the investment horizon of 90 days Optec International has a beta of -18.0076 . This indicates as returns on its benchmark rise, returns on holding Optec International are expected to decrease by similarly larger amounts. On the other hand, during market turmoils, Optec International 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 Optec International 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 Optec International'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 Optec 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.
Predicted Return Density |
| Returns |
What Drives an Optec International 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 investor attention to the company. This positive attention may impact the company's stock price. In contrast, product recalls and data breaches may negatively influence a company's stock prices.Optec International Pink Sheet Risk Measures
Given the investment horizon of 90 days the coefficient of variation of Optec International is 1167.94. The daily returns are distributed with a variance of 2633.92 and standard deviation of 51.32. The mean deviation of Optec International is currently at 24.29. For similar time horizon, the selected benchmark (Dow Jones Industrial) has volatility of 0.81
α | Alpha over Dow Jones | 6.03 | |
β | Beta against Dow Jones | -18.01 | |
σ | Overall volatility | 51.32 | |
Ir | Information ratio | 0.09 |
Optec International Pink Sheet Return Volatility
Optec International historical daily return volatility represents how much of Optec International pink sheet's daily returns swing around its mean - it is a statistical measure of its dispersion of returns. The firm inherits 51.3217% risk (volatility on return distribution) over the 90 days horizon. By contrast, Dow Jones Industrial accepts 0.8192% 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
| High negative correlations
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Risk-Adjusted Indicators
There is a big difference between Optec Pink Sheet performing well and Optec International 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 Optec International'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| SPKTF | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
| GTHKF | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
| RBNW | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
| PNST | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
| BGRP | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
| NBBI | 24.99 | 5.38 | 0.12 | (6.12) | 27.42 | 81.82 | 278.18 | |||
| CAGR | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
| AVLP | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
| GTLA | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
| MWWC | 19.21 | 7.12 | 0.23 | (0.97) | 11.16 | 33.33 | 440.00 |
About Optec International Volatility
Volatility is a rate at which the price of Optec International 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 Optec International may increase or decrease. In other words, similar to Optec's beta indicator, it measures the risk of Optec International and helps estimate the fluctuations that may happen in a short period of time. So if prices of Optec International 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.Optec International, Inc. engages in selling and marketing optimized fuel maximizer units in North America and internationally. Optec International, Inc. was founded in 2012 and is based in Carlsbad, California. Optec International operates under Auto Parts classification in the United States and is traded on OTC Exchange. It employs 1 people.
Optec International'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 Optec Pink Sheet over a specified period of time, often expressed as the standard deviation of daily returns. In other words, it measures how much Optec International's price varies over time.
3 ways to utilize Optec International's volatility to invest better
Higher Optec International's stock volatility means that the price of its stock is changing rapidly and unpredictably, while lower stock volatility indicates that the price of Optec International 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. Optec International 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 Optec International investment. A higher volatility means higher risk and potentially larger changes in value.
- Identifying Opportunities: High volatility in Optec International'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 Optec International's stock relates to your other investments can help you create a well-diversified portfolio of assets with varying levels of risk.
Optec International Investment Opportunity
Optec International has a volatility of 51.32 and is 62.59 times more volatile than Dow Jones Industrial. 96 percent of all equities and portfolios are less risky than Optec International. You can use Optec International to protect your portfolios against small market fluctuations. The pink sheet experiences a very speculative downward sentiment. The market maybe over-reacting. Check odds of Optec International to be traded at $2.0E-4 in 90 days.Excellent diversification
The correlation between Optec International and DJI is -0.67 (i.e., Excellent diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Optec International and DJI in the same portfolio, assuming nothing else is changed.
Optec International Additional Risk Indicators
The analysis of Optec International'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 Optec International's investment and either accepting that risk or mitigating it. Along with some common measures of Optec International 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 | 0.0846 | |||
| Market Risk Adjusted Performance | (0.25) | |||
| Mean Deviation | 23.62 | |||
| Semi Deviation | 24.12 | |||
| Downside Deviation | 29.28 | |||
| Coefficient Of Variation | 1077.07 | |||
| Standard Deviation | 49.62 |
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.
Optec International 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 Optec International 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. Optec International'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, Optec International'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 Optec International.
Complementary Tools for Optec Pink Sheet analysis
When running Optec International's price analysis, check to measure Optec International'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 Optec International is operating at the current time. Most of Optec International's value examination focuses on studying past and present price action to predict the probability of Optec International's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Optec International's price. Additionally, you may evaluate how the addition of Optec International to your portfolios can decrease your overall portfolio volatility.
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