Primary Health Properties Stock Volatility
| PHPRF Stock | USD 1.28 0.00 0.00% |
At this point, Primary Health is not too volatile. Primary Health Properties maintains Sharpe Ratio (i.e., Efficiency) of 0.24, which implies the firm had a 0.24 % return per unit of risk over the last 3 months. We have found seventeen technical indicators for Primary Health Properties, which you can use to evaluate the volatility of the company. Please check Primary Health's Risk Adjusted Performance of 0.1562, coefficient of variation of 416.49, and Variance of 0.0959 to confirm if the risk estimate we provide is consistent with the expected return of 0.0744%. Key indicators related to Primary Health's volatility include:
30 Days Market Risk | Chance Of Distress | 30 Days Economic Sensitivity |
Primary Health 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 Primary daily returns, and it is calculated using variance and standard deviation. We also use Primary's beta, its sensitivity to the market, as well as its odds of financial distress to provide a more practical estimation of Primary Health volatility.
Primary |
Since volatility provides investors with entry points to take advantage of stock prices, companies, such as Primary Health 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 Primary Health at lower prices to lower their average cost per share. Similarly, when the prices of Primary Health's stock rise, investors can sell out and invest the proceeds in other equities with better opportunities.
Moving together with Primary Pink Sheet
| 0.8 | WELL | Welltower | PairCorr |
| 0.89 | VTR | Ventas Inc | PairCorr |
| 0.83 | OHI | Omega Healthcare Inv | PairCorr |
| 0.77 | CTRE | CareTrust REIT | PairCorr |
| 0.63 | LION | Lionsgate Studios Holding Buyout Trend | PairCorr |
Moving against Primary Pink Sheet
Primary Health Market Sensitivity And Downside Risk
Primary Health's beta coefficient measures the volatility of Primary 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 Primary pink sheet's returns against your selected market. In other words, Primary Health's beta of 0.0236 provides an investor with an approximation of how much risk Primary Health pink sheet can potentially add to one of your existing portfolios. Primary Health Properties exhibits very low volatility with skewness of 4.37 and kurtosis of 18.88. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Primary Health's pink sheet risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact Primary Health's pink sheet price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different financial instruments as prices fall.
3 Months Beta |Analyze Primary Health Properties Demand TrendCheck current 90 days Primary Health correlation with market (Dow Jones Industrial)Primary Beta |
Primary 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 | 0.31 |
It is essential to understand the difference between upside risk (as represented by Primary Health's standard deviation) and the downside risk, which can be measured by semi-deviation or downside deviation of Primary Health's daily returns or price. Since the actual investment returns on holding a position in primary 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 Primary Health.
Primary Health Properties Pink Sheet Volatility Analysis
Volatility refers to the frequency at which Primary Health pink sheet price increases or decreases within a specified period. These fluctuations usually indicate the level of risk that's associated with Primary Health's price changes. Investors will then calculate the volatility of Primary Health'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 Primary Health's volatility:
Historical Volatility
This type of pink sheet volatility measures Primary Health's fluctuations based on previous trends. It's commonly used to predict Primary Health'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 Primary Health'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 Primary Health'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. The Median Price line plots median indexes of Primary Health Properties price series.
Primary Health Projected Return Density Against Market
Assuming the 90 days horizon Primary Health has a beta of 0.0236 indicating as returns on the market go up, Primary Health average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Primary Health Properties 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 Primary Health or Real Estate 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 Primary Health'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 Primary 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.
Primary Health Properties has an alpha of 0.0627, implying that it can generate a 0.0627 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Predicted Return Density |
| Returns |
What Drives a Primary Health 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.Primary Health Pink Sheet Risk Measures
Assuming the 90 days horizon the coefficient of variation of Primary Health is 416.49. The daily returns are distributed with a variance of 0.1 and standard deviation of 0.31. The mean deviation of Primary Health Properties is currently at 0.14. For similar time horizon, the selected benchmark (Dow Jones Industrial) has volatility of 0.7
α | Alpha over Dow Jones | 0.06 | |
β | Beta against Dow Jones | 0.02 | |
σ | Overall volatility | 0.31 | |
Ir | Information ratio | -0.02 |
Primary Health Pink Sheet Return Volatility
Primary Health historical daily return volatility represents how much of Primary Health pink sheet's daily returns swing around its mean - it is a statistical measure of its dispersion of returns. The company shows 0.3097% volatility of returns over 90 . By contrast, Dow Jones Industrial accepts 0.7122% volatility on return distribution over the 90 days horizon. Performance |
| Timeline |
About Primary Health Volatility
Volatility is a rate at which the price of Primary Health 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 Primary Health may increase or decrease. In other words, similar to Primary's beta indicator, it measures the risk of Primary Health and helps estimate the fluctuations that may happen in a short period of time. So if prices of Primary Health 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.Primary Health Properties is the leading investor in modern healthcare properties in the UK Ireland. The Groups portfolio comprises over 480 primary healthcare facilities, both completed and committed, the majority of which are GP surgeries, with other properties let to NHS organisations, pharmacies and dentists. Primary Health operates under REITHealthcare Facilities classification in the United States and is traded on OTC Exchange. It employs 62 people.
Primary Health'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 Primary Pink Sheet over a specified period of time, often expressed as the standard deviation of daily returns. In other words, it measures how much Primary Health's price varies over time.
3 ways to utilize Primary Health's volatility to invest better
Higher Primary Health's stock volatility means that the price of its stock is changing rapidly and unpredictably, while lower stock volatility indicates that the price of Primary Health Properties 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. Primary Health Properties 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 Primary Health Properties investment. A higher volatility means higher risk and potentially larger changes in value.
- Identifying Opportunities: High volatility in Primary Health'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 Primary Health's stock relates to your other investments can help you create a well-diversified portfolio of assets with varying levels of risk.
Primary Health Investment Opportunity
Dow Jones Industrial has a standard deviation of returns of 0.71 and is 2.29 times more volatile than Primary Health Properties. Compared to the overall equity markets, volatility of historical daily returns of Primary Health Properties is lower than 2 percent of all global equities and portfolios over the last 90 days. You can use Primary Health Properties to protect your portfolios against small market fluctuations. The pink sheet experiences a normal downward fluctuation but is a risky buy. Check odds of Primary Health to be traded at $1.2672 in 90 days.Significant diversification
The correlation between Primary Health Properties and DJI is 0.05 (i.e., Significant diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Primary Health Properties and DJI in the same portfolio, assuming nothing else is changed.
Primary Health Additional Risk Indicators
The analysis of Primary Health'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 Primary Health's investment and either accepting that risk or mitigating it. Along with some common measures of Primary Health 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 | 0.1562 | |||
| Market Risk Adjusted Performance | 2.74 | |||
| Mean Deviation | 0.1396 | |||
| Coefficient Of Variation | 416.49 | |||
| Standard Deviation | 0.3097 | |||
| Variance | 0.0959 | |||
| Information Ratio | (0.02) |
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.
Primary Health 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 Primary Health 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. Primary Health'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, Primary Health'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 Primary Health Properties.
Complementary Tools for Primary Pink Sheet analysis
When running Primary Health's price analysis, check to measure Primary Health'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 Primary Health is operating at the current time. Most of Primary Health's value examination focuses on studying past and present price action to predict the probability of Primary Health's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Primary Health's price. Additionally, you may evaluate how the addition of Primary Health to your portfolios can decrease your overall portfolio volatility.
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