Fintech Select Stock Volatility
| SLXXF Stock | USD 0.05 0.00 0.00% |
Fintech Select is out of control given 3 months investment horizon. Fintech Select secures Sharpe Ratio (or Efficiency) of 0.12, which denotes the company had a 0.12 % return per unit of risk over the last 3 months. We have analyzed and interpolated seventeen different technical indicators, which can help you to evaluate if expected returns of 4.29% are justified by taking the suggested risk. Use Fintech Select Standard Deviation of 50.01, mean deviation of 19.65, and Variance of 2501.44 to evaluate company specific risk that cannot be diversified away.
Sharpe Ratio = 0.1162
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Based on monthly moving average Fintech Select is performing at about 9% 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 Fintech Select by adding it to a well-diversified portfolio.
Key indicators related to Fintech Select's volatility include:90 Days Market Risk | Chance Of Distress | 90 Days Economic Sensitivity |
Fintech Select 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 Fintech daily returns, and it is calculated using variance and standard deviation. We also use Fintech's beta, its sensitivity to the market, as well as its odds of financial distress to provide a more practical estimation of Fintech Select volatility.
Fintech |
Since volatility provides investors with entry points to take advantage of stock prices, companies, such as Fintech Select 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 Fintech Select at lower prices to lower their average cost per share. Similarly, when the prices of Fintech Select's stock rise, investors can sell out and invest the proceeds in other equities with better opportunities. Main indicators related to Fintech Select's market risk premium analysis include:
Beta (3.94) | Alpha 8.68 | Risk 36.88 | Sharpe Ratio 0.12 | Expected Return 4.29 |
Moving together with Fintech Pink Sheet
Moving against Fintech Pink Sheet
Fintech Select Market Sensitivity And Downside Risk
Fintech Select's beta coefficient measures the volatility of Fintech 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 Fintech pink sheet's returns against your selected market. In other words, Fintech Select's beta of -3.94 provides an investor with an approximation of how much risk Fintech Select pink sheet can potentially add to one of your existing portfolios. Fintech Select is displaying above-average volatility over the selected time horizon. Fintech Select is a penny stock. Although Fintech Select may be in fact a good investment, many penny pink sheets are subject to artificial price hype. Make sure you completely understand the upside potential and downside risk of investing in Fintech Select. We encourage investors to look for signals such as message board hypes, claims of breakthroughs, email spams, sudden volume upswings, and other similar hype indicators. We also encourage traders to check biographies and work history of company officers before investing in instruments with high volatility. You can indeed make money on Fintech 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 Fintech Select Demand TrendCheck current 90 days Fintech Select correlation with market (Dow Jones Industrial)Fintech Select Volatility and Downside Risk
Fintech 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.
Fintech Select Pink Sheet Volatility Analysis
Volatility refers to the frequency at which Fintech Select pink sheet price increases or decreases within a specified period. These fluctuations usually indicate the level of risk that's associated with Fintech Select's price changes. Investors will then calculate the volatility of Fintech Select'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 Fintech Select's volatility:
Historical Volatility
This type of pink sheet volatility measures Fintech Select's fluctuations based on previous trends. It's commonly used to predict Fintech Select'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 Fintech Select'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 Fintech Select'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. Fintech Select 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.
Fintech Select Projected Return Density Against Market
Assuming the 90 days horizon Fintech Select has a beta of -3.945 . This usually implies as returns on its benchmark rise, returns on holding Fintech Select are expected to decrease by similarly larger amounts. On the other hand, during market turmoils, Fintech Select is expected to outperform its benchmark.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 Fintech Select 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 Fintech Select'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 Fintech 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.
Fintech Select has an alpha of 8.6849, implying that it can generate a 8.68 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Predicted Return Density |
| Returns |
What Drives a Fintech Select 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.Fintech Select Pink Sheet Risk Measures
Assuming the 90 days horizon the coefficient of variation of Fintech Select is 860.29. The daily returns are distributed with a variance of 1360.08 and standard deviation of 36.88. The mean deviation of Fintech Select is currently at 12.03. For similar time horizon, the selected benchmark (Dow Jones Industrial) has volatility of 0.73
α | Alpha over Dow Jones | 8.68 | |
β | Beta against Dow Jones | -3.94 | |
σ | Overall volatility | 36.88 | |
Ir | Information ratio | 0.17 |
Fintech Select Pink Sheet Return Volatility
Fintech Select historical daily return volatility represents how much of Fintech Select pink sheet's daily returns swing around its mean - it is a statistical measure of its dispersion of returns. The company shows 36.8793% volatility of returns over 90 . By contrast, Dow Jones Industrial accepts 0.7351% 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 Fintech Pink Sheet performing well and Fintech Select 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 Fintech Select'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| AMPDF | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
| ZRFY | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
| CMFV | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
| VEII | 11.98 | 5.13 | 0.00 | (0.55) | 0.00 | 0.00 | 400.00 | |||
| XIGMF | 6.98 | 3.07 | 0.00 | 2.75 | 0.00 | 0.00 | 233.33 | |||
| ZVLO | 4.43 | 1.00 | 0.00 | 0.33 | 0.00 | 0.00 | 83.33 | |||
| ANDI | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
| TTTSF | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
| INIX | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
| MAPT | 6.00 | 1.90 | 0.00 | 1.23 | 0.00 | 0.00 | 200.00 |
About Fintech Select Volatility
Volatility is a rate at which the price of Fintech Select 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 Fintech Select may increase or decrease. In other words, similar to Fintech's beta indicator, it measures the risk of Fintech Select and helps estimate the fluctuations that may happen in a short period of time. So if prices of Fintech Select 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.Fintech Select Ltd. offers financial payment services and solutions in Canada. Fintech Select Ltd. was founded in 1999 and is based in Toronto, Canada. Selectcore is traded on OTC Exchange in the United States.
Fintech Select'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 Fintech Pink Sheet over a specified period of time, often expressed as the standard deviation of daily returns. In other words, it measures how much Fintech Select's price varies over time.
3 ways to utilize Fintech Select's volatility to invest better
Higher Fintech Select's stock volatility means that the price of its stock is changing rapidly and unpredictably, while lower stock volatility indicates that the price of Fintech Select 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. Fintech Select 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 Fintech Select investment. A higher volatility means higher risk and potentially larger changes in value.
- Identifying Opportunities: High volatility in Fintech Select'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 Fintech Select's stock relates to your other investments can help you create a well-diversified portfolio of assets with varying levels of risk.
Fintech Select Investment Opportunity
Fintech Select has a volatility of 36.88 and is 49.84 times more volatile than Dow Jones Industrial. Compared to the overall equity markets, volatility of historical daily returns of Fintech Select is higher than 96 percent of all global equities and portfolios over the last 90 days. You can use Fintech Select to protect your portfolios against small market fluctuations. The pink sheet experiences a normal downward fluctuation but is a risky buy. Check odds of Fintech Select to be traded at $0.0495 in 90 days.Weak diversification
The correlation between Fintech Select and DJI is 0.31 (i.e., Weak diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Fintech Select and DJI in the same portfolio, assuming nothing else is changed.
Fintech Select Additional Risk Indicators
The analysis of Fintech Select'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 Fintech Select's investment and either accepting that risk or mitigating it. Along with some common measures of Fintech Select 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 | 0.1332 | |||
| Market Risk Adjusted Performance | (2.12) | |||
| Mean Deviation | 19.65 | |||
| Coefficient Of Variation | 593.62 | |||
| Standard Deviation | 50.01 | |||
| Variance | 2501.44 | |||
| Information Ratio | 0.1669 |
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.
Fintech Select 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 Fintech Select 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. Fintech Select'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, Fintech Select'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 Fintech Select.
Complementary Tools for Fintech Pink Sheet analysis
When running Fintech Select's price analysis, check to measure Fintech Select'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 Fintech Select is operating at the current time. Most of Fintech Select's value examination focuses on studying past and present price action to predict the probability of Fintech Select's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Fintech Select's price. Additionally, you may evaluate how the addition of Fintech Select to your portfolios can decrease your overall portfolio volatility.
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