Sino Thai (Thailand) Volatility
Sino Thai is out of control given 3 months investment horizon. Sino Thai Engineering owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.12, which indicates the firm had a 0.12% return per unit of risk over the last 3 months. We were able to analyze and collect data for thirteen different technical indicators, which can help you to evaluate if expected returns of 18.59% are justified by taking the suggested risk. Use Sino Thai Engineering Risk Adjusted Performance of (0.04), variance of 18.77, and Coefficient Of Variation of (1,485) to evaluate company specific risk that cannot be diversified away. Key indicators related to Sino Thai's volatility include:
720 Days Market Risk | Chance Of Distress | 720 Days Economic Sensitivity |
Sino Thai Stock 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 Sino daily returns, and it is calculated using variance and standard deviation. We also use Sino's beta, its sensitivity to the market, as well as its odds of financial distress to provide a more practical estimation of Sino Thai volatility.
Sino |
Since volatility provides investors with entry points to take advantage of stock prices, companies, such as Sino Thai 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 Sino Thai at lower prices to lower their average cost per share. Similarly, when the prices of Sino Thai's stock rise, investors can sell out and invest the proceeds in other equities with better opportunities.
Sino Thai Market Sensitivity And Downside Risk
Sino Thai's beta coefficient measures the volatility of Sino stock 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 Sino stock's returns against your selected market. In other words, Sino Thai's beta of -1.11 provides an investor with an approximation of how much risk Sino Thai stock can potentially add to one of your existing portfolios. Sino Thai Engineering and exhibits very low volatility with skewness of -6.0 and kurtosis of 49.55. You can indeed make money on Sino instrument if you perfectly time your entry and exit. However, remember that penny stocks 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 Sino Thai Engineering Demand TrendCheck current 90 days Sino Thai correlation with market (Dow Jones Industrial)Sino Beta |
Sino 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 | 156.7 |
It is essential to understand the difference between upside risk (as represented by Sino Thai's standard deviation) and the downside risk, which can be measured by semi-deviation or downside deviation of Sino Thai's daily returns or price. Since the actual investment returns on holding a position in sino stock 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 Sino Thai.
Sino Thai Engineering Stock Volatility Analysis
Volatility refers to the frequency at which Sino Thai stock price increases or decreases within a specified period. These fluctuations usually indicate the level of risk that's associated with Sino Thai's price changes. Investors will then calculate the volatility of Sino Thai's stock to predict their future moves. A stock that has erratic price changes quickly hits new highs, and lows are considered highly volatile. A stock with relatively stable price changes has low volatility. A highly volatile stock 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 Sino Thai's volatility:
Historical Volatility
This type of stock volatility measures Sino Thai's fluctuations based on previous trends. It's commonly used to predict Sino Thai's future behavior based on its past. However, it cannot conclusively determine the future direction of the stock.Implied Volatility
This type of volatility provides a positive outlook on future price fluctuations for Sino Thai's current market price. This means that the stock will return to its initially predicted market price. This type of volatility can be derived from derivative instruments written on Sino Thai's to be redeemed at a future date.Transformation |
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Sino Thai Projected Return Density Against Market
Assuming the 90 days trading horizon Sino Thai Engineering and has a beta of -1.1058 . This usually impliesMost 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 Sino Thai or Industrials 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 Sino Thai's price will be affected by overall stock 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 Sino stock'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.
Sino Thai Engineering and has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the Dow Jones Industrial. Predicted Return Density |
| Returns |
What Drives a Sino Thai Price Volatility?
Several factors can influence a stock'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.Sino Thai Stock Risk Measures
Assuming the 90 days trading horizon the coefficient of variation of Sino Thai is 842.95. The daily returns are distributed with a variance of 24553.95 and standard deviation of 156.7. The mean deviation of Sino Thai Engineering and is currently at 46.73. For similar time horizon, the selected benchmark (Dow Jones Industrial) has volatility of 0.77
α | Alpha over Dow Jones | -0.17 | |
β | Beta against Dow Jones | -1.11 | |
σ | Overall volatility | 156.70 | |
Ir | Information ratio | -0.1 |
Sino Thai Stock Return Volatility
Sino Thai historical daily return volatility represents how much of Sino Thai stock's daily returns swing around its mean - it is a statistical measure of its dispersion of returns. The company accepts 156.697% volatility on return distribution over the 90 days horizon. By contrast, Dow Jones Industrial accepts 0.7717% volatility on return distribution over the 90 days horizon. Performance |
| Timeline |
About Sino Thai Volatility
Volatility is a rate at which the price of Sino Thai 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 Sino Thai may increase or decrease. In other words, similar to Sino's beta indicator, it measures the risk of Sino Thai and helps estimate the fluctuations that may happen in a short period of time. So if prices of Sino Thai 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.3 ways to utilize Sino Thai's volatility to invest better
Higher Sino Thai's stock volatility means that the price of its stock is changing rapidly and unpredictably, while lower stock volatility indicates that the price of Sino Thai Engineering 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. Sino Thai Engineering 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 Sino Thai Engineering investment. A higher volatility means higher risk and potentially larger changes in value.
- Identifying Opportunities: High volatility in Sino Thai'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 Sino Thai's stock relates to your other investments can help you create a well-diversified portfolio of assets with varying levels of risk.
Sino Thai Investment Opportunity
Sino Thai Engineering and has a volatility of 156.7 and is 203.51 times more volatile than Dow Jones Industrial. 96 percent of all equities and portfolios are less risky than Sino Thai. You can use Sino Thai Engineering and to protect your portfolios against small market fluctuations. The stock experiences a normal downward trend, but the immediate impact on correlations cannot be determined at the moment . Check odds of Sino Thai to be traded at 0.0 in 90 days.Good diversification
The correlation between Sino Thai Engineering and and DJI is -0.2 (i.e., Good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Sino Thai Engineering and and DJI in the same portfolio, assuming nothing else is changed.
Sino Thai Additional Risk Indicators
The analysis of Sino Thai'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 Sino Thai's investment and either accepting that risk or mitigating it. Along with some common measures of Sino Thai stock'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 | (0.04) | |||
| Market Risk Adjusted Performance | 0.2829 | |||
| Mean Deviation | 0.974 | |||
| Coefficient Of Variation | (1,485) | |||
| Standard Deviation | 4.33 | |||
| Variance | 18.77 | |||
| Information Ratio | (0.1) |
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential stocks, we recommend comparing similar stocks with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.
Sino Thai 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 Sino Thai 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. Sino Thai'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, Sino Thai'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 Sino Thai Engineering and.
Complementary Tools for Sino Stock analysis
When running Sino Thai's price analysis, check to measure Sino Thai'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 Sino Thai is operating at the current time. Most of Sino Thai's value examination focuses on studying past and present price action to predict the probability of Sino Thai's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Sino Thai's price. Additionally, you may evaluate how the addition of Sino Thai to your portfolios can decrease your overall portfolio volatility.
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