St Joseph Stock Volatility
| STJO Stock | USD 0.02 0.00 0.00% |
St Joseph retains Efficiency (Sharpe Ratio) of -0.11, which indicates the firm had a -0.11 % return per unit of price deviation over the last 3 months. St Joseph exposes seventeen different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate St Joseph's Risk Adjusted Performance of (0.07), standard deviation of 3.21, and Mean Deviation of 0.7721 to confirm the risk estimate we provide.
Sharpe Ratio = -0.1052
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Based on monthly moving average St Joseph 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 St Joseph by adding St Joseph to a well-diversified portfolio.
Key indicators related to St Joseph's volatility include:90 Days Market Risk | Chance Of Distress | 90 Days Economic Sensitivity |
St Joseph 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 STJO daily returns, and it is calculated using variance and standard deviation. We also use STJO's beta, its sensitivity to the market, as well as its odds of financial distress to provide a more practical estimation of St Joseph volatility.
STJO |
Since volatility provides investors with entry points to take advantage of stock prices, companies, such as St Joseph 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 St Joseph at lower prices. For example, an investor can purchase STJO 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 St Joseph's 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. Main indicators related to St Joseph's market risk premium analysis include:
Beta 1.35 | Alpha (0.43) | Risk 3.31 | Sharpe Ratio (0.11) | Expected Return (0.35) |
Moving together with STJO Pink Sheet
Moving against STJO Pink Sheet
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| 0.83 | CSCO | Cisco Systems Aggressive Push | PairCorr |
| 0.82 | MRK | Merck Company Earnings Call This Week | PairCorr |
| 0.82 | JNJ | Johnson Johnson | PairCorr |
| 0.75 | PPERY | Bank Mandiri Persero | PairCorr |
| 0.71 | TLK | Telkom Indonesia Tbk | PairCorr |
| 0.69 | PPERF | Bank Mandiri Persero | PairCorr |
| 0.69 | DD | Dupont De Nemours | PairCorr |
| 0.61 | TRV | The Travelers Companies | PairCorr |
| 0.58 | VZ | Verizon Communications Earnings Call This Week | PairCorr |
St Joseph Market Sensitivity And Downside Risk
St Joseph's beta coefficient measures the volatility of STJO 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 STJO pink sheet's returns against your selected market. In other words, St Joseph's beta of 1.35 provides an investor with an approximation of how much risk St Joseph pink sheet can potentially add to one of your existing portfolios. St Joseph exhibits very low volatility with skewness of -7.9 and kurtosis of 63.73. St Joseph is a penny stock. Although St Joseph 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 St Joseph. 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 STJO 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 St Joseph Demand TrendCheck current 90 days St Joseph correlation with market (Dow Jones Industrial)St Joseph Volatility and Downside Risk
STJO 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.
St Joseph Pink Sheet Volatility Analysis
Volatility refers to the frequency at which St Joseph pink sheet price increases or decreases within a specified period. These fluctuations usually indicate the level of risk that's associated with St Joseph's price changes. Investors will then calculate the volatility of St Joseph'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 St Joseph's volatility:
Historical Volatility
This type of pink sheet volatility measures St Joseph's fluctuations based on previous trends. It's commonly used to predict St Joseph'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 St Joseph'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 St Joseph'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. St Joseph 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.
St Joseph Projected Return Density Against Market
Given the investment horizon of 90 days the pink sheet has the beta coefficient of 1.3465 . This usually implies as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, St Joseph will likely underperform.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 St Joseph or Professional Services 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 St Joseph'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 STJO 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.
St Joseph 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 |
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What Drives a St Joseph 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.St Joseph Pink Sheet Risk Measures
Given the investment horizon of 90 days the coefficient of variation of St Joseph is -951.0. The daily returns are distributed with a variance of 10.98 and standard deviation of 3.31. The mean deviation of St Joseph is currently at 0.82. For similar time horizon, the selected benchmark (Dow Jones Industrial) has volatility of 0.73
α | Alpha over Dow Jones | -0.43 | |
β | Beta against Dow Jones | 1.35 | |
σ | Overall volatility | 3.31 | |
Ir | Information ratio | -0.13 |
St Joseph Pink Sheet Return Volatility
St Joseph historical daily return volatility represents how much of St Joseph pink sheet's daily returns swing around its mean - it is a statistical measure of its dispersion of returns. The firm inherits 3.314% risk (volatility on return distribution) over the 90 days horizon. By contrast, Dow Jones Industrial accepts 0.7469% volatility on return distribution over the 90 days horizon. Performance |
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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 STJO Pink Sheet performing well and St Joseph 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 St Joseph'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| WHLT | 16.71 | 6.34 | 0.00 | 1.57 | 0.00 | 27.31 | 370.83 | |||
| SDAD | 48.86 | 25.98 | 0.00 | (0.91) | 0.00 | 24.22 | 911.06 | |||
| MDCE | 10.52 | 0.89 | 0.03 | 1.32 | 11.82 | 33.33 | 106.67 | |||
| FWFW | 3.68 | (0.48) | 0.00 | (0.24) | 0.00 | 3.17 | 114.60 | |||
| CAVG | 32.10 | 13.20 | 0.00 | 0.81 | 0.00 | 0.00 | 1,060 | |||
| GEGP | 12.95 | 3.58 | 0.10 | 1.33 | 10.45 | 50.00 | 233.33 | |||
| CRFU | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
| FUNR | 24.40 | 4.57 | 0.12 | 0.89 | 20.80 | 50.00 | 233.33 | |||
| ARVY | 8.16 | 3.90 | 0.00 | 0.99 | 0.00 | 0.00 | 8.33 |
About St Joseph Volatility
Volatility is a rate at which the price of St Joseph 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 St Joseph may increase or decrease. In other words, similar to STJO's beta indicator, it measures the risk of St Joseph and helps estimate the fluctuations that may happen in a short period of time. So if prices of St Joseph 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.Joseph, Inc., through its subsidiary, StafTek Services, Inc., engages in the recruitment and placement of professional technical personnel, as well as finance and accounting personnel on a temporary and permanent basis primarily in the Tulsa, Oklahoma area. Joseph, Inc. was founded in 1997 and is based in McKinney, Texas. ST Joseph is traded on OTC Exchange in the United States.
St Joseph'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 STJO Pink Sheet over a specified period of time, often expressed as the standard deviation of daily returns. In other words, it measures how much St Joseph's price varies over time.
3 ways to utilize St Joseph's volatility to invest better
Higher St Joseph's stock volatility means that the price of its stock is changing rapidly and unpredictably, while lower stock volatility indicates that the price of St Joseph 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. St Joseph 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 St Joseph investment. A higher volatility means higher risk and potentially larger changes in value.
- Identifying Opportunities: High volatility in St Joseph'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 St Joseph's stock relates to your other investments can help you create a well-diversified portfolio of assets with varying levels of risk.
St Joseph Investment Opportunity
St Joseph has a volatility of 3.31 and is 4.41 times more volatile than Dow Jones Industrial. 29 percent of all equities and portfolios are less risky than St Joseph. You can use St Joseph to protect your portfolios against small market fluctuations. The pink sheet experiences a normal downward fluctuation but is a risky buy. Check odds of St Joseph to be traded at $0.023 in 90 days.Very good diversification
The correlation between St Joseph and DJI is -0.36 (i.e., Very good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding St Joseph and DJI in the same portfolio, assuming nothing else is changed.
St Joseph Additional Risk Indicators
The analysis of St Joseph'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 St Joseph's investment and either accepting that risk or mitigating it. Along with some common measures of St Joseph 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 | (0.07) | |||
| Market Risk Adjusted Performance | (0.24) | |||
| Mean Deviation | 0.7721 | |||
| Coefficient Of Variation | (981.04) | |||
| Standard Deviation | 3.21 | |||
| Variance | 10.31 | |||
| Information Ratio | (0.13) |
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.
St Joseph 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 St Joseph 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. St Joseph'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, St Joseph'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 St Joseph.
Other Information on Investing in STJO Pink Sheet
St Joseph financial ratios help investors to determine whether STJO Pink Sheet is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in STJO with respect to the benefits of owning St Joseph security.