Remegen Co Stock Volatility
| REGMF Stock | USD 10.45 0.00 0.00% |
RemeGen Co maintains Sharpe Ratio (i.e., Efficiency) of -0.0469, which implies the firm had a -0.0469 % return per unit of risk over the last 3 months. RemeGen Co exposes sixteen different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check RemeGen Co's Variance of 2.13, risk adjusted performance of (0.03), and Coefficient Of Variation of (2,183) to confirm the risk estimate we provide.
Sharpe Ratio = -0.0469
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| Negative Returns | REGMF |
Based on monthly moving average RemeGen Co is not performing at its full potential. However, 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 RemeGen Co by adding RemeGen Co to a well-diversified portfolio.
Key indicators related to RemeGen Co's volatility include:90 Days Market Risk | Chance Of Distress | 90 Days Economic Sensitivity |
RemeGen Co 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 RemeGen daily returns, and it is calculated using variance and standard deviation. We also use RemeGen's beta, its sensitivity to the market, as well as its odds of financial distress to provide a more practical estimation of RemeGen Co volatility.
RemeGen |
Since volatility provides investors with entry points to take advantage of stock prices, companies, such as RemeGen Co 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 RemeGen Co at lower prices to lower their average cost per share. Similarly, when the prices of RemeGen Co's stock rise, investors can sell out and invest the proceeds in other equities with better opportunities. Main indicators related to RemeGen Co's market risk premium analysis include:
Beta 0.0478 | Alpha (0.08) | Risk 1.49 | Sharpe Ratio (0.05) | Expected Return (0.07) |
Moving together with RemeGen Pink Sheet
Moving against RemeGen Pink Sheet
| 0.7 | DIS | Walt Disney | PairCorr |
| 0.69 | NONOF | Novo Nordisk AS | PairCorr |
| 0.68 | NVO | Novo Nordisk AS Aggressive Push | PairCorr |
| 0.66 | VRTX | Vertex Pharmaceuticals | PairCorr |
| 0.58 | FCAP | First Capital | PairCorr |
| 0.52 | REGN | Regeneron Pharmaceuticals | PairCorr |
| 0.52 | MRK | Merck Company | PairCorr |
| 0.32 | SHPHF | Sihuan Pharmaceutical | PairCorr |
RemeGen Co Market Sensitivity And Downside Risk
RemeGen Co's beta coefficient measures the volatility of RemeGen 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 RemeGen pink sheet's returns against your selected market. In other words, RemeGen Co's beta of 0.0478 provides an investor with an approximation of how much risk RemeGen Co pink sheet can potentially add to one of your existing portfolios. RemeGen Co exhibits very low volatility with skewness of -3.15 and kurtosis of 36.33. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure RemeGen Co'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 RemeGen Co'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 RemeGen Co Demand TrendCheck current 90 days RemeGen Co correlation with market (Dow Jones Industrial)RemeGen Co Volatility and Downside Risk
RemeGen 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.
RemeGen Co Pink Sheet Volatility Analysis
Volatility refers to the frequency at which RemeGen Co pink sheet price increases or decreases within a specified period. These fluctuations usually indicate the level of risk that's associated with RemeGen Co's price changes. Investors will then calculate the volatility of RemeGen Co'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 RemeGen Co's volatility:
Historical Volatility
This type of pink sheet volatility measures RemeGen Co's fluctuations based on previous trends. It's commonly used to predict RemeGen Co'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 RemeGen Co'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 RemeGen Co'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. RemeGen Co 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.
RemeGen Co Projected Return Density Against Market
Assuming the 90 days horizon RemeGen Co has a beta of 0.0478 indicating as returns on the market go up, RemeGen Co average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding RemeGen Co 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 RemeGen Co or Healthcare 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 RemeGen Co'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 RemeGen 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 a RemeGen Co 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.RemeGen Co Pink Sheet Risk Measures
Assuming the 90 days horizon the coefficient of variation of RemeGen Co is -2133.02. The daily returns are distributed with a variance of 2.23 and standard deviation of 1.49. The mean deviation of RemeGen Co is currently at 0.34. For similar time horizon, the selected benchmark (Dow Jones Industrial) has volatility of 0.79
α | Alpha over Dow Jones | -0.08 | |
β | Beta against Dow Jones | 0.05 | |
σ | Overall volatility | 1.49 | |
Ir | Information ratio | -0.12 |
RemeGen Co Pink Sheet Return Volatility
RemeGen Co historical daily return volatility represents how much of RemeGen Co pink sheet's daily returns swing around its mean - it is a statistical measure of its dispersion of returns. The company shows 1.4937% volatility of returns over 90 . By contrast, Dow Jones Industrial accepts 0.7721% volatility on return distribution over the 90 days horizon. Performance |
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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
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Risk-Adjusted Indicators
There is a big difference between RemeGen Pink Sheet performing well and RemeGen Co 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 RemeGen Co'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| AAVXF | 1.17 | 0.30 | 0.00 | (1.25) | 0.00 | 4.67 | 28.34 | |||
| TRSBF | 1.14 | (0.51) | 0.00 | (1.26) | 0.00 | 0.00 | 31.46 | |||
| SHJBF | 0.93 | (0.45) | 0.00 | (14.04) | 0.00 | 0.00 | 29.31 | |||
| ZLDPF | 1.62 | 0.00 | 0.00 | 0.10 | 0.00 | 5.51 | 16.29 | |||
| SHTDY | 0.91 | 0.05 | (0.01) | 0.24 | 0.98 | 1.95 | 5.96 | |||
| KYKOF | 0.99 | 0.28 | 0.00 | (0.74) | 0.00 | 0.00 | 24.33 | |||
| GNNSF | 1.32 | (0.39) | 0.00 | (1.85) | 0.00 | 0.00 | 32.18 | |||
| YPHDF | 0.71 | (0.30) | 0.00 | 0.71 | 0.00 | 0.00 | 13.76 | |||
| MSMKF | 0.25 | (0.13) | 0.00 | (0.73) | 0.00 | 0.00 | 9.76 | |||
| SHTDF | 0.36 | (0.10) | 0.00 | 0.55 | 0.00 | 0.00 | 8.48 |
About RemeGen Co Volatility
Volatility is a rate at which the price of RemeGen Co 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 RemeGen Co may increase or decrease. In other words, similar to RemeGen's beta indicator, it measures the risk of RemeGen Co and helps estimate the fluctuations that may happen in a short period of time. So if prices of RemeGen Co 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.RemeGen Co., Ltd., a biopharmaceutical company, engages in the discovery, development, and commercialization of biologics for the treatment of autoimmune, oncology, and ophthalmic diseases with unmet medical needs in Mainland China and the United States. The company was incorporated in 2008 and is headquartered in Yantai, the Peoples Republic of China. Remegen is traded on OTC Exchange in the United States.
RemeGen Co'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 RemeGen Pink Sheet over a specified period of time, often expressed as the standard deviation of daily returns. In other words, it measures how much RemeGen Co's price varies over time.
3 ways to utilize RemeGen Co's volatility to invest better
Higher RemeGen Co's stock volatility means that the price of its stock is changing rapidly and unpredictably, while lower stock volatility indicates that the price of RemeGen Co 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. RemeGen Co 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 RemeGen Co investment. A higher volatility means higher risk and potentially larger changes in value.
- Identifying Opportunities: High volatility in RemeGen Co'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 RemeGen Co's stock relates to your other investments can help you create a well-diversified portfolio of assets with varying levels of risk.
RemeGen Co Investment Opportunity
RemeGen Co has a volatility of 1.49 and is 1.94 times more volatile than Dow Jones Industrial. Compared to the overall equity markets, volatility of historical daily returns of RemeGen Co is lower than 13 percent of all global equities and portfolios over the last 90 days. You can use RemeGen Co to protect your portfolios against small market fluctuations. The pink sheet experiences a normal downward fluctuation but is a risky buy. Check odds of RemeGen Co to be traded at $10.35 in 90 days.Excellent diversification
The correlation between RemeGen Co and DJI is -0.66 (i.e., Excellent diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding RemeGen Co and DJI in the same portfolio, assuming nothing else is changed.
RemeGen Co Additional Risk Indicators
The analysis of RemeGen Co'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 RemeGen Co's investment and either accepting that risk or mitigating it. Along with some common measures of RemeGen Co 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 | (0.03) | |||
| Market Risk Adjusted Performance | (1.60) | |||
| Mean Deviation | 0.3273 | |||
| Coefficient Of Variation | (2,183) | |||
| Standard Deviation | 1.46 | |||
| Variance | 2.13 | |||
| Information Ratio | (0.12) |
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.
RemeGen Co 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 RemeGen Co 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. RemeGen Co'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, RemeGen Co'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 RemeGen Co.
Complementary Tools for RemeGen Pink Sheet analysis
When running RemeGen Co's price analysis, check to measure RemeGen Co'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 RemeGen Co is operating at the current time. Most of RemeGen Co's value examination focuses on studying past and present price action to predict the probability of RemeGen Co's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move RemeGen Co's price. Additionally, you may evaluate how the addition of RemeGen Co to your portfolios can decrease your overall portfolio volatility.
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