Sight Sciences Stock Volatility
| SGHT Stock | USD 5.31 -0.07 -1.30% |
Sharpe Ratio = 0.0201
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Sight Sciences (SGHT) recorded a Market Risk Adjusted Performance of 0.04%, a Risk of 6.05, and a Risk Adjusted Performance of 0.02%. At roughly 1% of its observed historical range, the stock is trading within its prior trend boundaries.
Key indicators related to Sight Sciences' volatility include:90 Days Market Risk | Chance Of Distress | 90 Days Economic Sensitivity |
Key risk metrics for Sight Sciences (3 Months):
Beta 2.21 | Alpha 0.02 | Risk 6.05 | Sharpe Ratio 0.02 | Expected Return 0.12 |
Assets With Similar Volatility
| 0.77 | ICUI | ICU Medical | PairCorr |
| 0.61 | LNSR | LENSAR Inc | PairCorr |
| 0.64 | MMSI | Merit Medical Systems | PairCorr |
| 0.82 | OWLT | Owlet Inc | PairCorr |
| 0.76 | AVAH | Aveanna Healthcare Holdings | PairCorr |
| 0.74 | TLSI | TriSalus Life Sciences | PairCorr |
| 0.64 | MBFJF | Mitsubishi UFJ Financial Earnings Call This Week | PairCorr |
| 0.72 | MUFG | Mitsubishi UFJ Financial Earnings Call This Week | PairCorr |
| 0.78 | SMFG | Sumitomo Mitsui Financial | PairCorr |
| 0.76 | SMFNF | Sumitomo Mitsui Financial Earnings Call Tomorrow | PairCorr |
| 0.75 | MFG | Mizuho Financial Group Earnings Call This Week | PairCorr |
| 0.62 | MZHOF | Mizuho Financial Group Earnings Call This Week | PairCorr |
Lower Correlation Assets
Sensitivity To Market
Sight Sciences beta of 2.21 quantifies how much of its total volatility (6.05%) is attributable to market-wide factors versus idiosyncratic drivers. Sight Sciences return dispersion over the lookback window shows standard deviation near 5.91% and semi-deviation near 5.72%, providing a baseline for comparison across peer instruments. Options markets imply a forward-looking volatility estimate near 341.0%. This suggests the market is pricing in the possibility of wider future price swings compared to recent historical dispersion. Equity volatility compresses in calm markets and expands quickly when uncertainty increases. Stock dispersion changes materially during earnings seasons and macro data releases.
3 Months Beta |Sight Sciences Demand TrendCurrent 90-day Sight Sciences correlation with market (Dow Jones Industrial)Downside Risk
Sight Sciences daily return dispersion, captured by standard deviation, sets the baseline volatility reading for this instrument. High standard deviation indicates a volatile instrument; low standard deviation indicates a more stable one. Shifting the lookback window for Sight Sciences reveals whether current dispersion is consistent with its longer-term pattern.
Standard Deviation | 6.05 |
An important distinction for Sight Sciences is between total volatility and downside-only risk. Downside deviation and semi-deviation isolate the loss risk in Sight Sciences' daily returns from favorable moves. Total dispersion for Sight Sciences captures both favorable and adverse price swings. Sight Sciences (SGHT) recorded a Downside Deviation of 5.81, a Downside Variance of 33.79, and a Maximum Drawdown of 35.72.
Sight Sciences Put Option Risk Profile Based on 2026-05-15 Contracts
Sight Sciences (SGHT) recorded an Option Implied Volatility of 3.41 and an Option Max Pain Price of -1. Protective puts on Sight Sciences are a standard downside risk instrument on Sight Sciences Stock. A put on Sight Sciences Stock gives the buyer the contractual right to sell Sight Sciences shares at the strike before expiration. A put option on Sight Sciences functions as an insurance policy for holders of Sight Sciences' shares.
Sight Sciences' PUT expiring on 2026-06-18
Profit |
| Sight Sciences Price At Expiration |
Current Sight Sciences Insurance Chain
| Delta | Gamma | Open Int | Expiration | Current Spread | Last Price | |||
| Put | SGHT260515P00002500 | -0.065212 | 0.038042 | 102 | 2026-05-15 | 0.0 - 0.25 | 0.0 | View |
| Put | SGHT260515P00005000 | -0.35623 | 0.143162 | 9 | 2026-05-15 | 0.05 - 1.65 | 0.0 | View |
| Put | SGHT260515P00007500 | -0.665929 | 0.135447 | 4 | 2026-05-15 | 0.4 - 4.9 | 0.0 | View |
Stock Volatility Analysis
Tracking Sight Sciences volatility quantifies the degree of price uncertainty over a given period. Highly volatile stocks like Sight Sciences tend to experience wider price swings in both directions. Periods of high volatility for Sight Sciences present both elevated risk and wider price ranges for traders.
Transformation |
This analysis covers sixty-one data points across the selected time horizon. The Average Price transformation calculates the mean of Sight Sciences's open, high, low, and close for each trading period. By incorporating all four price components equally, it provides a balanced representation of each period's trading activity. Compared to using the closing price alone, the average price reduces the influence of end-of-day positioning and can serve as a smoother input for other technical indicators.
Projected Return Density Against Market
Given a 90-day horizon, Sight Sciences has a beta of 2.2091. This usually implies when the benchmark rises, SGHT tends to outperform it on average. However, when benchmark returns turn negative, Sight Sciences tends to underperform.Like most traded instruments, Sight Sciences reflects both market risk and company or sector-specific developments. Diversifying across uncorrelated assets may reduce specific volatility, but broader stock market fluctuations remain influential. Sight Sciences (SGHT) recorded a Downside Deviation of 5.81, a Mean Deviation of 3.83, and an Option Implied Volatility of 3.41.
Predicted Return Distribution |
| Density |
What Drives Sight Sciences' Price Volatility?
Industry Dynamics
Sector-level catalysts in the Health Care Equipment & Supplies sector often set the baseline volatility regime for Sight Sciences.Political and Economic Environment
Interest-rate path changes, geopolitical developments, and macro surprises influence investor risk tolerance.Sight Sciences' Company-Specific Factors
Execution updates, margin trends, and corporate actions can shift near-term return dispersion for Sight Sciences'.Stock Risk Measures
Given a 90-day horizon, the coefficient of variation of Sight Sciences is 4982.01. The daily returns are distributed with a variance of 36.64 and standard deviation of 6.05. The mean deviation of Sight Sciences is currently at 3.9. For similar time horizon, the selected benchmark (Dow Jones Industrial) has volatility of 0.95
α | Alpha over Dow Jones | 0.02 | |
β | Beta against Dow Jones | 2.21 | |
σ | Overall volatility | 6.05 | |
Ir | Information ratio | 0.01 |
Stock Return Volatility
Sight Sciences daily volatility tracks how widely stock returns have moved around the mean across the selected time frame. The firm reflects 6.0531% volatility on return distribution over a 90-day horizon. On the other hand, Dow Jones Industrial reported 0.9314% volatility on return distribution over a 90-day investment horizon. Performance |
| Timeline |
Related Correlations Analysis
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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
Return momentum in Sight Sciences Stock is more useful when tested against peer-relative fundamentals and risk. Risk-adjusted metrics help compare Sight Sciences' efficiency and downside exposure against peers on a like-for-like basis. These indicators are quantitative in nature and measure volatility and risk-adjusted expected returns across different positions.| Mean Deviation | Jensen Alpha | Sortino Ratio | Treynor Ratio | Semi Deviation | Expected Shortfall | Potential Upside | Value @Risk | Maximum Drawdown | ||
|---|---|---|---|---|---|---|---|---|---|---|
| CVRX | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
| SENS | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
| MASS | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
| QTRX | 3.23 | -1.06 | 0.00 | -0.65 | 0.00 | 6.84 | 26.76 | |||
| SNWV | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
| CERS | 3.47 | 0.31 | 0.07 | 0.21 | 4.01 | 5.81 | 38.77 | |||
| OMI | 2.29 | 0.09 | 0.02 | 2.48 | 2.85 | 5.24 | 12.17 | |||
| LFCR | 2.92 | -0.64 | 0.00 | -0.98 | 0.00 | 4.75 | 35.42 | |||
| VMD | 2.19 | 0.10 | 0.03 | 0.15 | 3.66 | 5.40 | 18.47 | |||
| PRQR | 3.92 | 0.21 | 0.05 | 0.11 | 4.18 | 8.20 | 22.00 |
Risk Metrics, Assumptions & Methodology
Beta for Sight Sciences measures the share of volatility attributable to broad market movements versus company-specific factors. Low beta does not mean low volatility; it means volatility is driven more by idiosyncratic than systematic factors. Sight Sciences has a market cap of 292.73 million, ROE of -56.64%.
Sight Sciences analytics rely on periodic company reporting and market reference feeds, with quality checks and normalization applied. Volatility and downside metrics are estimated from historical return dispersion.
Editorial review and methodology oversight provided by: Raphi Shpitalnik, Junior Member of Macroaxis Editorial Board
Volatility Profile Summary
Recent data suggests that Sight Sciences is more volatile than Dow Jones Industrial by approximately 6.51x over the selected horizon. This differential reflects the relative dispersion of returns and frames how the asset responds to broader market conditions. Observed price behavior indicates modest directional movement within the current volatility regime. Across the current 90-day horizon, that places the security below 54% of the broader equity and portfolio universe on a pure volatility basis. This positioning reflects relative dispersion compared to peers rather than extreme instability.Sight Sciences exhibits characteristics that tend to dampen sensitivity to smaller market fluctuations within the current volatility regime. This directional read frames the latest price swing through a simple momentum and follow-through lens. It highlights whether the move looks ordinary, stressed, or unusually speculative for the instrument. a somewhat bearish sentiment with potential for near-term correction. Return distributions derived from historical modeling outline a range of potential outcomes over the selected 90-day horizon. View Sight Sciences probability analysis.
Poor diversification
For the present investment horizon, the measured correlation between Sight Sciences and Dow Jones stands at 0.73, or Poor diversification. In portfolio terms, the overlap shows how much shared movement remains after combining both positions.
Additional Risk Indicators
Risk analysis around Sight Sciences gains depth when secondary indicators confirm, refine, or challenge the basic volatility picture. This is most informative when assessing whether the current opportunity is being compensated with reasonable risk.
| Risk Adjusted Performance | 0.0203 | |||
| Market Risk Adjusted Performance | 0.0389 | |||
| Mean Deviation | 3.83 | |||
| Semi Deviation | 5.72 | |||
| Downside Deviation | 5.81 | |||
| Coefficient Of Variation | 8018.2 | |||
| Standard Deviation | 5.91 |
Sight Sciences Suggested Diversification Pairs
A paired position built around Sight Sciences reduces directional market exposure while expressing a relative-value view. The key question is whether the second leg adds real hedge value instead of just creating a more complex version of the same risk.
Pair strategies reduce risk, but not all risk is diversifiable through pairing. Market-level risk for Sight Sciences persists even in a well-constructed pair. The benefit is in offsetting Sight Sciences' company-specific risk, which can be meaningfully reduced by selecting a second position that moves independently of Sight Sciences.