Snipp Interactive Stock Volatility
| SNIPF Stock | USD 0.03 0.01 14.21% |
Snipp Interactive owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0463, which indicates the firm had a -0.0463 % return per unit of risk over the last 3 months. Snipp Interactive exposes twenty-seven different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Snipp Interactive's Semi Deviation of 4.83, risk adjusted performance of 0.0107, and Coefficient Of Variation of 36528.93 to confirm the risk estimate we provide.
Sharpe Ratio = -0.0463
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Based on monthly moving average Snipp Interactive 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 Snipp Interactive by adding Snipp Interactive to a well-diversified portfolio.
Key indicators related to Snipp Interactive's volatility include:30 Days Market Risk | Chance Of Distress | 30 Days Economic Sensitivity |
Snipp Interactive 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 Snipp daily returns, and it is calculated using variance and standard deviation. We also use Snipp's beta, its sensitivity to the market, as well as its odds of financial distress to provide a more practical estimation of Snipp Interactive volatility.
Snipp |
Since volatility provides investors with entry points to take advantage of stock prices, companies, such as Snipp Interactive 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 Snipp Interactive at lower prices to lower their average cost per share. Similarly, when the prices of Snipp Interactive's stock rise, investors can sell out and invest the proceeds in other equities with better opportunities. Main indicators related to Snipp Interactive's market risk premium analysis include:
Beta (0.18) | Alpha 0.0221 | Risk 5.13 | Sharpe Ratio (0.05) | Expected Return (0.24) |
Moving together with Snipp Pink Sheet
Moving against Snipp Pink Sheet
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Snipp Interactive Market Sensitivity And Downside Risk
Snipp Interactive's beta coefficient measures the volatility of Snipp 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 Snipp pink sheet's returns against your selected market. In other words, Snipp Interactive's beta of -0.18 provides an investor with an approximation of how much risk Snipp Interactive pink sheet can potentially add to one of your existing portfolios. Snipp Interactive exhibits above-average semi-deviation for your current time horizon. Snipp Interactive is a penny stock. Although Snipp Interactive 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 Snipp Interactive. 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 Snipp 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 Snipp Interactive Demand TrendCheck current 90 days Snipp Interactive correlation with market (Dow Jones Industrial)Snipp Interactive Volatility and Downside Risk
Snipp 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.
Snipp Interactive Pink Sheet Volatility Analysis
Volatility refers to the frequency at which Snipp Interactive pink sheet price increases or decreases within a specified period. These fluctuations usually indicate the level of risk that's associated with Snipp Interactive's price changes. Investors will then calculate the volatility of Snipp Interactive'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 Snipp Interactive's volatility:
Historical Volatility
This type of pink sheet volatility measures Snipp Interactive's fluctuations based on previous trends. It's commonly used to predict Snipp Interactive'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 Snipp Interactive'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 Snipp Interactive'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. Developed by Larry Williams, the Weighted Close is the average of Snipp Interactive high, low and close of a chart with the close values weighted twice. It can be used to smooth an indicator that normally takes only Snipp Interactive closing price as input.
Snipp Interactive Projected Return Density Against Market
Assuming the 90 days horizon Snipp Interactive has a beta of -0.1795 . This usually implies as returns on the benchmark increase, returns on holding Snipp Interactive are expected to decrease at a much lower rate. During a bear market, however, Snipp Interactive 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 Snipp Interactive or Media 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 Snipp Interactive'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 Snipp 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.
Snipp Interactive has an alpha of 0.0221, implying that it can generate a 0.0221 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Predicted Return Density |
| Returns |
What Drives a Snipp Interactive 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.Snipp Interactive Pink Sheet Risk Measures
Assuming the 90 days horizon the coefficient of variation of Snipp Interactive is -2160.15. The daily returns are distributed with a variance of 26.27 and standard deviation of 5.13. The mean deviation of Snipp Interactive is currently at 3.15. For similar time horizon, the selected benchmark (Dow Jones Industrial) has volatility of 0.69
α | Alpha over Dow Jones | 0.02 | |
β | Beta against Dow Jones | -0.18 | |
σ | Overall volatility | 5.13 | |
Ir | Information ratio | -0.01 |
Snipp Interactive Pink Sheet Return Volatility
Snipp Interactive historical daily return volatility represents how much of Snipp Interactive pink sheet's daily returns swing around its mean - it is a statistical measure of its dispersion of returns. The company shows 5.1255% volatility of returns over 90 . By contrast, Dow Jones Industrial accepts 0.6928% 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 Snipp Pink Sheet performing well and Snipp Interactive 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 Snipp Interactive'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| LUDG | 9.18 | 1.60 | 0.06 | (0.87) | 10.59 | 38.89 | 84.17 | |||
| TGNT | 7.30 | (0.60) | 0.00 | (2.04) | 0.00 | 17.39 | 68.73 | |||
| MVNC | 13.03 | 2.44 | 0.09 | (0.83) | 13.75 | 43.18 | 105.21 | |||
| PEGX | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
| NIROF | 1.79 | 0.74 | 0.00 | (0.65) | 0.00 | 0.00 | 57.12 | |||
| STAOF | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
| XLMDF | 3.62 | (1.74) | 0.00 | 1.23 | 0.00 | 0.00 | 90.00 | |||
| AITVF | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
| HWAL | 5.95 | 0.22 | 0.01 | (9.59) | 6.85 | 16.42 | 53.59 | |||
| HMMR | 4.81 | 0.65 | 0.05 | 0.69 | 5.76 | 13.33 | 67.03 |
About Snipp Interactive Volatility
Volatility is a rate at which the price of Snipp Interactive 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 Snipp Interactive may increase or decrease. In other words, similar to Snipp's beta indicator, it measures the risk of Snipp Interactive and helps estimate the fluctuations that may happen in a short period of time. So if prices of Snipp Interactive 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.Snipp Interactive Inc., a loyalty and promotions company, focuses on developing marketing engagement platforms in the United States, Canada, Ireland, and internationally. Snipp Interactive Inc. was founded in 2007 and is headquartered in Vancouver, Canada. Snipp Interactive is traded on OTC Exchange in the United States.
Snipp Interactive'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 Snipp Pink Sheet over a specified period of time, often expressed as the standard deviation of daily returns. In other words, it measures how much Snipp Interactive's price varies over time.
3 ways to utilize Snipp Interactive's volatility to invest better
Higher Snipp Interactive's stock volatility means that the price of its stock is changing rapidly and unpredictably, while lower stock volatility indicates that the price of Snipp Interactive 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. Snipp Interactive 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 Snipp Interactive investment. A higher volatility means higher risk and potentially larger changes in value.
- Identifying Opportunities: High volatility in Snipp Interactive'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 Snipp Interactive's stock relates to your other investments can help you create a well-diversified portfolio of assets with varying levels of risk.
Snipp Interactive Investment Opportunity
Snipp Interactive has a volatility of 5.13 and is 7.43 times more volatile than Dow Jones Industrial. Compared to the overall equity markets, volatility of historical daily returns of Snipp Interactive is lower than 46 percent of all global equities and portfolios over the last 90 days. You can use Snipp Interactive 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 Snipp Interactive to be traded at $0.031 in 90 days.Good diversification
The correlation between Snipp Interactive and DJI is -0.02 (i.e., Good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Snipp Interactive and DJI in the same portfolio, assuming nothing else is changed.
Snipp Interactive Additional Risk Indicators
The analysis of Snipp Interactive'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 Snipp Interactive's investment and either accepting that risk or mitigating it. Along with some common measures of Snipp Interactive 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 | 0.0107 | |||
| Market Risk Adjusted Performance | (0.02) | |||
| Mean Deviation | 3.53 | |||
| Semi Deviation | 4.83 | |||
| Downside Deviation | 6.76 | |||
| Coefficient Of Variation | 36528.93 | |||
| Standard Deviation | 5.79 |
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.
Snipp Interactive 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.
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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 Snipp Interactive 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. Snipp Interactive'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, Snipp Interactive'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 Snipp Interactive.
Complementary Tools for Snipp Pink Sheet analysis
When running Snipp Interactive's price analysis, check to measure Snipp Interactive'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 Snipp Interactive is operating at the current time. Most of Snipp Interactive's value examination focuses on studying past and present price action to predict the probability of Snipp Interactive's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Snipp Interactive's price. Additionally, you may evaluate how the addition of Snipp Interactive to your portfolios can decrease your overall portfolio volatility.
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