Oculus Visiontech Stock Volatility
| OVT Stock | CAD 0.07 0.01 6.67% |
Oculus VisionTech appears to be out of control, given 3 months investment horizon. Oculus VisionTech maintains Sharpe Ratio (i.e., Efficiency) of 0.13, which implies the firm had a 0.13% return per unit of risk over the last 3 months. We have found twenty-three technical indicators for Oculus VisionTech, which you can use to evaluate the volatility of the company. Please evaluate Oculus VisionTech's Risk Adjusted Performance of 0.0957, coefficient of variation of 872.32, and Variance of 11.9 to confirm if our risk estimates are consistent with your expectations. Key indicators related to Oculus VisionTech's volatility include:
30 Days Market Risk | Chance Of Distress | 30 Days Economic Sensitivity |
Oculus VisionTech 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 Oculus daily returns, and it is calculated using variance and standard deviation. We also use Oculus's beta, its sensitivity to the market, as well as its odds of financial distress to provide a more practical estimation of Oculus VisionTech volatility.
Oculus |
Since volatility provides investors with entry points to take advantage of stock prices, companies, such as Oculus VisionTech 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 Oculus VisionTech at lower prices. For example, an investor can purchase Oculus 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 Oculus VisionTech's 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.
Moving together with Oculus Stock
Moving against Oculus Stock
Oculus VisionTech Market Sensitivity And Downside Risk
Oculus VisionTech's beta coefficient measures the volatility of Oculus stock 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 Oculus stock's returns against your selected market. In other words, Oculus VisionTech's beta of 0.25 provides an investor with an approximation of how much risk Oculus VisionTech stock can potentially add to one of your existing portfolios. Oculus VisionTech exhibits very low volatility with skewness of 1.44 and kurtosis of 6.76. Oculus VisionTech is a penny stock. Although Oculus VisionTech may be in fact a good investment, many penny stocks are subject to artificial price hype. Make sure you completely understand the upside potential and downside risk of investing in Oculus VisionTech. 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 Oculus instrument if you perfectly time your entry and exit. However, remember that penny stocks 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 Oculus VisionTech Demand TrendCheck current 90 days Oculus VisionTech correlation with market (Dow Jones Industrial)Oculus Beta |
Oculus 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 | 3.23 |
It is essential to understand the difference between upside risk (as represented by Oculus VisionTech's standard deviation) and the downside risk, which can be measured by semi-deviation or downside deviation of Oculus VisionTech's daily returns or price. Since the actual investment returns on holding a position in oculus stock 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 Oculus VisionTech.
Oculus VisionTech Stock Volatility Analysis
Volatility refers to the frequency at which Oculus VisionTech stock price increases or decreases within a specified period. These fluctuations usually indicate the level of risk that's associated with Oculus VisionTech's price changes. Investors will then calculate the volatility of Oculus VisionTech's stock to predict their future moves. A 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 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 Oculus VisionTech's volatility:
Historical Volatility
This type of stock volatility measures Oculus VisionTech's fluctuations based on previous trends. It's commonly used to predict Oculus VisionTech'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 Oculus VisionTech's current market price. This means that the stock will return to its initially predicted market price. This type of volatility can be derived from derivative instruments written on Oculus VisionTech'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. Oculus VisionTech 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.
Oculus VisionTech Projected Return Density Against Market
Assuming the 90 days horizon Oculus VisionTech has a beta of 0.2504 . This indicates as returns on the market go up, Oculus VisionTech average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Oculus VisionTech will be expected to be much smaller as well.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 Oculus VisionTech or Software 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 Oculus VisionTech'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 Oculus 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.
Oculus VisionTech has an alpha of 0.3552, implying that it can generate a 0.36 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Predicted Return Density |
| Returns |
What Drives an Oculus VisionTech Price Volatility?
Several factors can influence a 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.Oculus VisionTech Stock Risk Measures
Assuming the 90 days horizon the coefficient of variation of Oculus VisionTech is 798.09. The daily returns are distributed with a variance of 10.4 and standard deviation of 3.23. The mean deviation of Oculus VisionTech is currently at 1.44. For similar time horizon, the selected benchmark (Dow Jones Industrial) has volatility of 0.77
α | Alpha over Dow Jones | 0.36 | |
β | Beta against Dow Jones | 0.25 | |
σ | Overall volatility | 3.23 | |
Ir | Information ratio | 0.08 |
Oculus VisionTech Stock Return Volatility
Oculus VisionTech historical daily return volatility represents how much of Oculus VisionTech stock's daily returns swing around its mean - it is a statistical measure of its dispersion of returns. The venture shows 3.225% volatility of returns over 90 . By contrast, Dow Jones Industrial accepts 0.7762% volatility on return distribution over the 90 days horizon. Performance |
| Timeline |
About Oculus VisionTech Volatility
Volatility is a rate at which the price of Oculus VisionTech 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 Oculus VisionTech may increase or decrease. In other words, similar to Oculus's beta indicator, it measures the risk of Oculus VisionTech and helps estimate the fluctuations that may happen in a short period of time. So if prices of Oculus VisionTech 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.| Last Reported | Projected for Next Year | ||
| Selling And Marketing Expenses | 68.8 K | 65.4 K | |
| Market Cap | 3.4 M | 6.3 M |
Oculus VisionTech'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 Oculus Stock over a specified period of time, often expressed as the standard deviation of daily returns. In other words, it measures how much Oculus VisionTech's price varies over time.
3 ways to utilize Oculus VisionTech's volatility to invest better
Higher Oculus VisionTech's stock volatility means that the price of its stock is changing rapidly and unpredictably, while lower stock volatility indicates that the price of Oculus VisionTech 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. Oculus VisionTech 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 Oculus VisionTech investment. A higher volatility means higher risk and potentially larger changes in value.
- Identifying Opportunities: High volatility in Oculus VisionTech'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 Oculus VisionTech's stock relates to your other investments can help you create a well-diversified portfolio of assets with varying levels of risk.
Oculus VisionTech Investment Opportunity
Oculus VisionTech has a volatility of 3.23 and is 4.14 times more volatile than Dow Jones Industrial. Compared to the overall equity markets, volatility of historical daily returns of Oculus VisionTech is lower than 28 percent of all global equities and portfolios over the last 90 days. You can use Oculus VisionTech to protect your portfolios against small market fluctuations. The stock experiences a very speculative upward sentiment. Check odds of Oculus VisionTech to be traded at C$0.0665 in 90 days.Significant diversification
The correlation between Oculus VisionTech and DJI is 0.06 (i.e., Significant diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Oculus VisionTech and DJI in the same portfolio, assuming nothing else is changed.
Oculus VisionTech Additional Risk Indicators
The analysis of Oculus VisionTech'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 Oculus VisionTech's investment and either accepting that risk or mitigating it. Along with some common measures of Oculus VisionTech stock'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 | 0.0957 | |||
| Market Risk Adjusted Performance | 1.55 | |||
| Mean Deviation | 1.62 | |||
| Coefficient Of Variation | 872.32 | |||
| Standard Deviation | 3.45 | |||
| Variance | 11.9 | |||
| Information Ratio | 0.0767 |
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential stocks, we recommend comparing similar stocks with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.
Oculus VisionTech 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 Oculus VisionTech 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. Oculus VisionTech'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, Oculus VisionTech'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 Oculus VisionTech.
Additional Tools for Oculus Stock Analysis
When running Oculus VisionTech's price analysis, check to measure Oculus VisionTech'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 Oculus VisionTech is operating at the current time. Most of Oculus VisionTech's value examination focuses on studying past and present price action to predict the probability of Oculus VisionTech's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Oculus VisionTech's price. Additionally, you may evaluate how the addition of Oculus VisionTech to your portfolios can decrease your overall portfolio volatility.