Shattuck Labs Stock Volatility
| STTK Stock | USD 1.08 0.07 6.93% |
Shattuck Labs owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.17, which indicates the firm had a -0.17% return per unit of risk over the last 3 months. Shattuck Labs exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Shattuck Labs' Coefficient Of Variation of (587.26), risk adjusted performance of (0.12), and Variance of 70.23 to confirm the risk estimate we provide. Key indicators related to Shattuck Labs' volatility include:
690 Days Market Risk | Chance Of Distress | 690 Days Economic Sensitivity |
Shattuck Labs 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 Shattuck daily returns, and it is calculated using variance and standard deviation. We also use Shattuck's beta, its sensitivity to the market, as well as its odds of financial distress to provide a more practical estimation of Shattuck Labs volatility.
Shattuck |
Downward market volatility can be a perfect environment for investors who play the long game. Here, they may decide to buy additional stocks of Shattuck Labs at lower prices. For example, an investor can purchase Shattuck stock that has halved in price over a short period. This will lower their average cost per share, thereby improving the overall portfolio performance when market normalizes.
Moving together with Shattuck Stock
| 0.67 | ME | 23Andme Holding | PairCorr |
| 0.74 | VALN | Valneva SE ADR | PairCorr |
| 0.67 | JNJ | Johnson Johnson Sell-off Trend | PairCorr |
| 0.84 | MRK | Merck Company Fiscal Year End 6th of February 2025 | PairCorr |
Moving against Shattuck Stock
| 0.87 | KZR | Kezar Life Sciences | PairCorr |
| 0.73 | MLYS | Mineralys Therapeutics, | PairCorr |
| 0.33 | MDGL | Madrigal Pharmaceuticals | PairCorr |
Shattuck Labs Market Sensitivity And Downside Risk
Shattuck Labs' beta coefficient measures the volatility of Shattuck 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 Shattuck stock's returns against your selected market. In other words, Shattuck Labs's beta of 2.06 provides an investor with an approximation of how much risk Shattuck Labs stock can potentially add to one of your existing portfolios. Shattuck Labs is displaying above-average volatility over the selected time horizon. Shattuck Labs is a potential penny stock. Although Shattuck Labs may be in fact a good instrument to invest, many penny stocks 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 Shattuck Labs. 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 Shattuck 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 Shattuck Labs Demand TrendCheck current 90 days Shattuck Labs correlation with market (Dow Jones Industrial)Shattuck Beta |
Shattuck 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 | 8.49 |
It is essential to understand the difference between upside risk (as represented by Shattuck Labs's standard deviation) and the downside risk, which can be measured by semi-deviation or downside deviation of Shattuck Labs' daily returns or price. Since the actual investment returns on holding a position in shattuck 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 Shattuck Labs.
Shattuck Labs Stock Volatility Analysis
Volatility refers to the frequency at which Shattuck Labs stock price increases or decreases within a specified period. These fluctuations usually indicate the level of risk that's associated with Shattuck Labs' price changes. Investors will then calculate the volatility of Shattuck Labs' 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 Shattuck Labs' volatility:
Historical Volatility
This type of stock volatility measures Shattuck Labs' fluctuations based on previous trends. It's commonly used to predict Shattuck Labs' 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 Shattuck Labs' 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 Shattuck Labs' 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. Shattuck Labs 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.
Shattuck Labs Projected Return Density Against Market
Given the investment horizon of 90 days the stock has the beta coefficient of 2.0623 . 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, Shattuck Labs 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 Shattuck Labs or Biotechnology 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 Shattuck Labs' 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 Shattuck 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.
Shattuck Labs 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 Shattuck Labs 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.Shattuck Labs Stock Risk Measures
Given the investment horizon of 90 days the coefficient of variation of Shattuck Labs is -592.56. The daily returns are distributed with a variance of 72.09 and standard deviation of 8.49. The mean deviation of Shattuck Labs is currently at 4.96. For similar time horizon, the selected benchmark (Dow Jones Industrial) has volatility of 0.76
α | Alpha over Dow Jones | -1.68 | |
β | Beta against Dow Jones | 2.06 | |
σ | Overall volatility | 8.49 | |
Ir | Information ratio | -0.19 |
Shattuck Labs Stock Return Volatility
Shattuck Labs historical daily return volatility represents how much of Shattuck Labs stock's daily returns swing around its mean - it is a statistical measure of its dispersion of returns. The company inherits 8.4909% risk (volatility on return distribution) over the 90 days horizon. By contrast, Dow Jones Industrial accepts 0.7736% volatility on return distribution over the 90 days horizon. Performance |
| Timeline |
About Shattuck Labs Volatility
Volatility is a rate at which the price of Shattuck Labs 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 Shattuck Labs may increase or decrease. In other words, similar to Shattuck's beta indicator, it measures the risk of Shattuck Labs and helps estimate the fluctuations that may happen in a short period of time. So if prices of Shattuck Labs 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.| Last Reported | Projected for Next Year | ||
| Selling And Marketing Expenses | 3.6 M | 3.2 M | |
| Market Cap | 303.7 M | 288.6 M |
Shattuck Labs' 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 Shattuck Stock over a specified period of time, often expressed as the standard deviation of daily returns. In other words, it measures how much Shattuck Labs' price varies over time.
3 ways to utilize Shattuck Labs' volatility to invest better
Higher Shattuck Labs' stock volatility means that the price of its stock is changing rapidly and unpredictably, while lower stock volatility indicates that the price of Shattuck Labs 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. Shattuck Labs 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 Shattuck Labs investment. A higher volatility means higher risk and potentially larger changes in value.
- Identifying Opportunities: High volatility in Shattuck Labs' 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 Shattuck Labs' stock relates to your other investments can help you create a well-diversified portfolio of assets with varying levels of risk.
Shattuck Labs Investment Opportunity
Shattuck Labs has a volatility of 8.49 and is 11.03 times more volatile than Dow Jones Industrial. 75 percent of all equities and portfolios are less risky than Shattuck Labs. You can use Shattuck Labs to enhance the returns of your portfolios. The stock experiences a very speculative upward sentiment. Check odds of Shattuck Labs to be traded at $1.35 in 90 days.Average diversification
The correlation between Shattuck Labs and DJI is 0.19 (i.e., Average diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Shattuck Labs and DJI in the same portfolio, assuming nothing else is changed.
Shattuck Labs Additional Risk Indicators
The analysis of Shattuck Labs' 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 Shattuck Labs' investment and either accepting that risk or mitigating it. Along with some common measures of Shattuck Labs 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 | (0.12) | |||
| Market Risk Adjusted Performance | (0.69) | |||
| Mean Deviation | 4.9 | |||
| Coefficient Of Variation | (587.26) | |||
| Standard Deviation | 8.38 | |||
| Variance | 70.23 | |||
| Information Ratio | (0.19) |
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.
Shattuck Labs 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 Shattuck Labs 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. Shattuck Labs' 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, Shattuck Labs' 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 Shattuck Labs.
When determining whether Shattuck Labs is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Shattuck Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Shattuck Labs Stock. Highlighted below are key reports to facilitate an investment decision about Shattuck Labs Stock: Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Shattuck Labs. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate. For more information on how to buy Shattuck Stock please use our How to buy in Shattuck Stock guide.You can also try the Bond Analysis module to evaluate and analyze corporate bonds as a potential investment for your portfolios..
Is Biotechnology space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Shattuck Labs. If investors know Shattuck will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Shattuck Labs listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (1.53) | Revenue Per Share 0.088 | Quarterly Revenue Growth 7.045 | Return On Assets (0.40) | Return On Equity (0.68) |
The market value of Shattuck Labs is measured differently than its book value, which is the value of Shattuck that is recorded on the company's balance sheet. Investors also form their own opinion of Shattuck Labs' value that differs from its market value or its book value, called intrinsic value, which is Shattuck Labs' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Shattuck Labs' market value can be influenced by many factors that don't directly affect Shattuck Labs' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Shattuck Labs' value and its price as these two are different measures arrived at by different means. Investors typically determine if Shattuck Labs is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Shattuck Labs' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.