Sss Microtec Se Stock Volatility
| SESMF Stock | USD 60.95 4.95 8.84% |
SÜSS MicroTec appears to be very steady, given 3 months investment horizon. SSS MicroTec SE owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.25, which indicates the firm had a 0.25 % return per unit of standard deviation over the last 3 months. By evaluating SÜSS MicroTec's technical indicators, you can evaluate if the expected return of 0.81% is justified by implied risk. Please review SÜSS MicroTec's variance of 16.61, and Risk Adjusted Performance of 0.2079 to confirm if our risk estimates are consistent with your expectations.
Sharpe Ratio = 0.252
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Based on monthly moving average SÜSS MicroTec is performing at about 20% 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 SÜSS MicroTec by adding it to a well-diversified portfolio.
Key indicators related to SÜSS MicroTec's volatility include:90 Days Market Risk | Chance Of Distress | 90 Days Economic Sensitivity |
SÜSS MicroTec 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 SÜSS daily returns, and it is calculated using variance and standard deviation. We also use SÜSS's beta, its sensitivity to the market, as well as its odds of financial distress to provide a more practical estimation of SÜSS MicroTec volatility.
SÜSS |
Since volatility provides investors with entry points to take advantage of stock prices, companies, such as SÜSS MicroTec 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 SÜSS MicroTec at lower prices to lower their average cost per share. Similarly, when the prices of SÜSS MicroTec's stock rise, investors can sell out and invest the proceeds in other equities with better opportunities. Main indicators related to SÜSS MicroTec's market risk premium analysis include:
Beta 0.0915 | Alpha 0.99 | Risk 3.2 | Sharpe Ratio 0.25 | Expected Return 0.81 |
Moving together with SÜSS Pink Sheet
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| 0.88 | TER | Teradyne Trending | PairCorr |
| 0.85 | ASMIY | ASM International | PairCorr |
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| 0.8 | ISSC | Innovative Solutions and Earnings Call This Week | PairCorr |
| 0.73 | RNR | Renaissancere Holdings | PairCorr |
| 0.76 | YUMC | Yum China Holdings Earnings Call This Week | PairCorr |
| 0.77 | SYY | Sysco | PairCorr |
| 0.63 | TYGO | Tigo Energy Earnings Call This Week | PairCorr |
| 0.68 | UEIC | Universal Electronics Earnings Call This Week | PairCorr |
Moving against SÜSS Pink Sheet
SÜSS MicroTec Market Sensitivity And Downside Risk
SÜSS MicroTec's beta coefficient measures the volatility of SÜSS 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 SÜSS pink sheet's returns against your selected market. In other words, SÜSS MicroTec's beta of 0.0915 provides an investor with an approximation of how much risk SÜSS MicroTec pink sheet can potentially add to one of your existing portfolios. SSS MicroTec SE exhibits very low volatility with skewness of 2.09 and kurtosis of 10.06. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure SÜSS MicroTec'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 SÜSS MicroTec'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 SSS MicroTec SE Demand TrendCheck current 90 days SÜSS MicroTec correlation with market (Dow Jones Industrial)SÜSS MicroTec Volatility and Downside Risk
SÜSS 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.
SSS MicroTec SE Pink Sheet Volatility Analysis
Volatility refers to the frequency at which SÜSS MicroTec pink sheet price increases or decreases within a specified period. These fluctuations usually indicate the level of risk that's associated with SÜSS MicroTec's price changes. Investors will then calculate the volatility of SÜSS MicroTec'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 SÜSS MicroTec's volatility:
Historical Volatility
This type of pink sheet volatility measures SÜSS MicroTec's fluctuations based on previous trends. It's commonly used to predict SÜSS MicroTec'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 SÜSS MicroTec'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 SÜSS MicroTec'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. SSS MicroTec SE 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.
SÜSS MicroTec Projected Return Density Against Market
Assuming the 90 days horizon SÜSS MicroTec has a beta of 0.0915 . This usually implies as returns on the market go up, SÜSS MicroTec average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding SSS MicroTec SE 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 SÜSS MicroTec or Technology 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 SÜSS MicroTec'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 SÜSS 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 |
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What Drives a SÜSS MicroTec 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.SÜSS MicroTec Pink Sheet Risk Measures
Assuming the 90 days horizon the coefficient of variation of SÜSS MicroTec is 396.88. The daily returns are distributed with a variance of 10.23 and standard deviation of 3.2. The mean deviation of SSS MicroTec SE is currently at 1.9. For similar time horizon, the selected benchmark (Dow Jones Industrial) has volatility of 0.81
α | Alpha over Dow Jones | 0.99 | |
β | Beta against Dow Jones | 0.09 | |
σ | Overall volatility | 3.20 | |
Ir | Information ratio | 0.23 |
SÜSS MicroTec Pink Sheet Return Volatility
SÜSS MicroTec historical daily return volatility represents how much of SÜSS MicroTec pink sheet's daily returns swing around its mean - it is a statistical measure of its dispersion of returns. The company shows 3.1983% volatility of returns over 90 . By contrast, Dow Jones Industrial accepts 0.8125% 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
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Risk-Adjusted Indicators
There is a big difference between SÜSS Pink Sheet performing well and SÜSS MicroTec 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 SÜSS MicroTec'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| OKIEF | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
| QNCCF | 6.11 | 0.77 | 0.12 | 0.75 | 6.20 | 16.09 | 43.76 | |||
| VARXF | 0.22 | (0.08) | 0.00 | (0.83) | 0.00 | 0.00 | 4.29 | |||
| IGGGF | 0.73 | (0.42) | 0.00 | (1.05) | 0.00 | 0.00 | 11.76 | |||
| NPACY | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
| EVSBY | 0.93 | 0.01 | 0.00 | 0.09 | 0.00 | 0.00 | 20.91 | |||
| WACMF | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
| WACMY | 0.03 | (0.03) | 0.00 | 1.89 | 0.00 | 0.00 | 0.68 | |||
| GBDMF | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
| EVTZF | 1.08 | 0.31 | 0.00 | 1.52 | 0.00 | 3.24 | 12.57 |
About SÜSS MicroTec Volatility
Volatility is a rate at which the price of SÜSS MicroTec 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 SÜSS MicroTec may increase or decrease. In other words, similar to SÜSS's beta indicator, it measures the risk of SÜSS MicroTec and helps estimate the fluctuations that may happen in a short period of time. So if prices of SÜSS MicroTec 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.SSS MicroTec SE, together with its subsidiaries, develops, manufactures, and markets machines for the production of microelectronics, microelectromechanical systems, and related applications. SSS MicroTec SE was founded in 1949 and is headquartered in Garching, Germany. Suess Microtec operates under Semiconductor Equipment Materials classification in the United States and is traded on OTC Exchange. It employs 1190 people.
SÜSS MicroTec'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 SÜSS Pink Sheet over a specified period of time, often expressed as the standard deviation of daily returns. In other words, it measures how much SÜSS MicroTec's price varies over time.
3 ways to utilize SÜSS MicroTec's volatility to invest better
Higher SÜSS MicroTec's stock volatility means that the price of its stock is changing rapidly and unpredictably, while lower stock volatility indicates that the price of SSS MicroTec SE 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. SSS MicroTec SE 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 SSS MicroTec SE investment. A higher volatility means higher risk and potentially larger changes in value.
- Identifying Opportunities: High volatility in SÜSS MicroTec'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 SÜSS MicroTec's stock relates to your other investments can help you create a well-diversified portfolio of assets with varying levels of risk.
SÜSS MicroTec Investment Opportunity
SSS MicroTec SE has a volatility of 3.2 and is 3.95 times more volatile than Dow Jones Industrial. Compared to the overall equity markets, volatility of historical daily returns of SSS MicroTec SE is lower than 28 percent of all global equities and portfolios over the last 90 days. You can use SSS MicroTec SE to enhance the returns of your portfolios. The pink sheet experiences a very speculative upward sentiment. The trend is possibly hyped up. Check odds of SÜSS MicroTec to be traded at $76.19 in 90 days.Poor diversification
The correlation between SSS MicroTec SE and DJI is 0.78 (i.e., Poor diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding SSS MicroTec SE and DJI in the same portfolio, assuming nothing else is changed.
SÜSS MicroTec Additional Risk Indicators
The analysis of SÜSS MicroTec'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 SÜSS MicroTec's investment and either accepting that risk or mitigating it. Along with some common measures of SÜSS MicroTec 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 | 0.2079 | |||
| Market Risk Adjusted Performance | 10.95 | |||
| Mean Deviation | 2.33 | |||
| Coefficient Of Variation | 403.07 | |||
| Standard Deviation | 4.08 | |||
| Variance | 16.61 | |||
| Information Ratio | 0.2261 |
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.
SÜSS MicroTec 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 SÜSS MicroTec 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. SÜSS MicroTec'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, SÜSS MicroTec'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 SSS MicroTec SE.
Complementary Tools for SÜSS Pink Sheet analysis
When running SÜSS MicroTec's price analysis, check to measure SÜSS MicroTec'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 SÜSS MicroTec is operating at the current time. Most of SÜSS MicroTec's value examination focuses on studying past and present price action to predict the probability of SÜSS MicroTec's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move SÜSS MicroTec's price. Additionally, you may evaluate how the addition of SÜSS MicroTec to your portfolios can decrease your overall portfolio volatility.
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