Sjm Holdings Ltd Stock Volatility
| SJMHY Stock | USD 1.10 0.29 20.86% |
At this stage we consider SJM Pink Sheet to be abnormally volatile. SJM Holdings owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0185, which indicates the firm had a 0.0185% return per unit of standard deviation over the last 3 months. We have found twenty-eight technical indicators for SJM Holdings Ltd, which you can use to evaluate the volatility of the company. Please validate SJM Holdings' risk adjusted performance of 0.023, and Coefficient Of Variation of 5475.15 to confirm if the risk estimate we provide is consistent with the expected return of 0.14%. Key indicators related to SJM Holdings' volatility include:
90 Days Market Risk | Chance Of Distress | 90 Days Economic Sensitivity |
SJM Holdings 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 SJM daily returns, and it is calculated using variance and standard deviation. We also use SJM's beta, its sensitivity to the market, as well as its odds of financial distress to provide a more practical estimation of SJM Holdings volatility.
SJM |
Since volatility provides investors with entry points to take advantage of stock prices, companies, such as SJM Holdings 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 SJM Holdings at lower prices. For example, an investor can purchase SJM 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 SJM Holdings' 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 SJM Pink Sheet
| 0.68 | LVS | Las Vegas Sands Fiscal Year End 22nd of January 2025 | PairCorr |
| 0.84 | GXYEF | Galaxy Entertainment | PairCorr |
| 0.81 | GXYYY | Galaxy Entertainment | PairCorr |
| 0.65 | SCHYY | Sands China | PairCorr |
| 0.73 | WYNN | Wynn Resorts Limited | PairCorr |
SJM Holdings Market Sensitivity And Downside Risk
SJM Holdings' beta coefficient measures the volatility of SJM 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 SJM pink sheet's returns against your selected market. In other words, SJM Holdings's beta of -0.63 provides an investor with an approximation of how much risk SJM Holdings pink sheet can potentially add to one of your existing portfolios. SJM Holdings Ltd is showing large volatility of returns over the selected time horizon. SJM Holdings Ltd is a potential penny stock. Although SJM Holdings may be in fact a good instrument to invest, many penny pink sheets are speculative in nature and are subject to artificial price hype. Please make sure you totally understand the upside potential and downside risk of investing in SJM Holdings Ltd. We encourage investors to look for signals such as email spams, message board hypes, claims of breakthroughs, volume upswings, sudden news releases, promotions that are not reported, or demotions released before SEC filings. Please also check biographies and work history of current and past company officers before investing in high volatility instruments, penny stocks, or equities with microcap classification. You can indeed make money on SJM instrument if you perfectly time your entry and exit. However, remember that penny pink sheets 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 SJM Holdings Demand TrendCheck current 90 days SJM Holdings correlation with market (Dow Jones Industrial)SJM Beta |
SJM 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 | 7.79 |
It is essential to understand the difference between upside risk (as represented by SJM Holdings's standard deviation) and the downside risk, which can be measured by semi-deviation or downside deviation of SJM Holdings' daily returns or price. Since the actual investment returns on holding a position in sjm 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 SJM Holdings.
SJM Holdings Pink Sheet Volatility Analysis
Volatility refers to the frequency at which SJM Holdings pink sheet price increases or decreases within a specified period. These fluctuations usually indicate the level of risk that's associated with SJM Holdings' price changes. Investors will then calculate the volatility of SJM Holdings' 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 SJM Holdings' volatility:
Historical Volatility
This type of pink sheet volatility measures SJM Holdings' fluctuations based on previous trends. It's commonly used to predict SJM Holdings' 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 SJM Holdings' 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 SJM Holdings' 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. SJM Holdings 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.
SJM Holdings Projected Return Density Against Market
Assuming the 90 days horizon SJM Holdings Ltd has a beta of -0.6326 . This usually implies as returns on the benchmark increase, returns on holding SJM Holdings are expected to decrease at a much lower rate. During a bear market, however, SJM Holdings Ltd is likely to outperform the market.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 SJM Holdings or Consumer Cyclical 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 SJM Holdings' 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 SJM 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.
SJM Holdings Ltd has an alpha of 0.2065, implying that it can generate a 0.21 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Predicted Return Density |
| Returns |
What Drives a SJM Holdings 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.SJM Holdings Pink Sheet Risk Measures
Assuming the 90 days horizon the coefficient of variation of SJM Holdings is 5392.84. The daily returns are distributed with a variance of 60.72 and standard deviation of 7.79. The mean deviation of SJM Holdings Ltd is currently at 3.3. For similar time horizon, the selected benchmark (Dow Jones Industrial) has volatility of 0.77
α | Alpha over Dow Jones | 0.21 | |
β | Beta against Dow Jones | -0.63 | |
σ | Overall volatility | 7.79 | |
Ir | Information ratio | 0 |
SJM Holdings Pink Sheet Return Volatility
SJM Holdings historical daily return volatility represents how much of SJM Holdings pink sheet's daily returns swing around its mean - it is a statistical measure of its dispersion of returns. The company shows 7.7922% volatility of returns over 90 . By contrast, Dow Jones Industrial accepts 0.7685% volatility on return distribution over the 90 days horizon. Performance |
| Timeline |
About SJM Holdings Volatility
Volatility is a rate at which the price of SJM Holdings 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 SJM Holdings may increase or decrease. In other words, similar to SJM's beta indicator, it measures the risk of SJM Holdings and helps estimate the fluctuations that may happen in a short period of time. So if prices of SJM Holdings 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.SJM Holdings Limited, an investment holding company, owns, develops, and operates casinos and related facilities in Macau, Hong Kong, and internationally. SJM Holdings Limited is a subsidiary of Sociedade de Turismo e Diverses de Macau, S.A. Sjm Holdings operates under Resorts Casinos classification in the United States and is traded on OTC Exchange. It employs 19400 people.
SJM Holdings' 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 SJM Pink Sheet over a specified period of time, often expressed as the standard deviation of daily returns. In other words, it measures how much SJM Holdings' price varies over time.
3 ways to utilize SJM Holdings' volatility to invest better
Higher SJM Holdings' stock volatility means that the price of its stock is changing rapidly and unpredictably, while lower stock volatility indicates that the price of SJM Holdings 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. SJM Holdings 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 SJM Holdings investment. A higher volatility means higher risk and potentially larger changes in value.
- Identifying Opportunities: High volatility in SJM Holdings' 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 SJM Holdings' stock relates to your other investments can help you create a well-diversified portfolio of assets with varying levels of risk.
SJM Holdings Investment Opportunity
SJM Holdings Ltd has a volatility of 7.79 and is 10.12 times more volatile than Dow Jones Industrial. 69 percent of all equities and portfolios are less risky than SJM Holdings. You can use SJM Holdings Ltd to protect your portfolios against small market fluctuations. The pink sheet experiences a very speculative downward sentiment. The market maybe over-reacting. Check odds of SJM Holdings to be traded at $1.045 in 90 days.Good diversification
The correlation between SJM Holdings Ltd and DJI is -0.06 (i.e., Good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding SJM Holdings Ltd and DJI in the same portfolio, assuming nothing else is changed.
SJM Holdings Additional Risk Indicators
The analysis of SJM Holdings' 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 SJM Holdings' investment and either accepting that risk or mitigating it. Along with some common measures of SJM Holdings 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 | 0.023 | |||
| Market Risk Adjusted Performance | (0.20) | |||
| Mean Deviation | 3.2 | |||
| Semi Deviation | 5.99 | |||
| Downside Deviation | 14.57 | |||
| Coefficient Of Variation | 5475.15 | |||
| Standard Deviation | 7.67 |
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.
SJM Holdings 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 SJM Holdings 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. SJM Holdings' 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, SJM Holdings' 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 SJM Holdings Ltd.
Additional Tools for SJM Pink Sheet Analysis
When running SJM Holdings' price analysis, check to measure SJM Holdings' 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 SJM Holdings is operating at the current time. Most of SJM Holdings' value examination focuses on studying past and present price action to predict the probability of SJM Holdings' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move SJM Holdings' price. Additionally, you may evaluate how the addition of SJM Holdings to your portfolios can decrease your overall portfolio volatility.