Splitit Payments Stock Volatility
Splitit Payments owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.13, which indicates the firm had a -0.13% return per unit of risk over the last 3 months. Splitit Payments exposes zero different technical indicators, which can help you to evaluate volatility embedded in its price movement. Key indicators related to Splitit Payments' volatility include:
30 Days Market Risk | Chance Of Distress | 30 Days Economic Sensitivity |
Splitit Payments OTC 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 Splitit daily returns, and it is calculated using variance and standard deviation. We also use Splitit's beta, its sensitivity to the market, as well as its odds of financial distress to provide a more practical estimation of Splitit Payments volatility.
Splitit |
Splitit Payments OTC Stock Volatility Analysis
Volatility refers to the frequency at which Splitit Payments otc price increases or decreases within a specified period. These fluctuations usually indicate the level of risk that's associated with Splitit Payments' price changes. Investors will then calculate the volatility of Splitit Payments' otc stock to predict their future moves. A otc that has erratic price changes quickly hits new highs, and lows are considered highly volatile. A otc stock with relatively stable price changes has low volatility. A highly volatile otc 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 Splitit Payments' volatility:
Historical Volatility
This type of otc volatility measures Splitit Payments' fluctuations based on previous trends. It's commonly used to predict Splitit Payments' future behavior based on its past. However, it cannot conclusively determine the future direction of the otc stock.Implied Volatility
This type of volatility provides a positive outlook on future price fluctuations for Splitit Payments' current market price. This means that the otc will return to its initially predicted market price. This type of volatility can be derived from derivative instruments written on Splitit Payments' 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. Splitit Payments 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.
Splitit Payments Projected Return Density Against Market
Assuming the 90 days horizon Splitit Payments has a beta that is very close to zero . This usually implies the returns on DOW JONES INDUSTRIAL and Splitit Payments do not appear to be reactive.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 Splitit Payments 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 Splitit Payments' price will be affected by overall otc 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 Splitit otc'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.
It does not look like Splitit Payments' alpha can have any bearing on the current valuation. Predicted Return Density |
| Returns |
What Drives a Splitit Payments Price Volatility?
Several factors can influence a otc'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.Splitit Payments OTC Stock Risk Measures
Assuming the 90 days horizon the coefficient of variation of Splitit Payments is -787.4. The daily returns are distributed with a variance of 161.29 and standard deviation of 12.7. The mean deviation of Splitit Payments is currently at 3.17. For similar time horizon, the selected benchmark (Dow Jones Industrial) has volatility of 0.76
α | Alpha over Dow Jones | 0.00 | |
β | Beta against Dow Jones | 0.00 | |
σ | Overall volatility | 12.70 | |
Ir | Information ratio | 0.00 |
Splitit Payments OTC Stock Return Volatility
Splitit Payments historical daily return volatility represents how much of Splitit Payments otc's daily returns swing around its mean - it is a statistical measure of its dispersion of returns. The company shows 12.7% volatility of returns over 90 . By contrast, Dow Jones Industrial accepts 0.7608% volatility on return distribution over the 90 days horizon. Performance |
| Timeline |
About Splitit Payments Volatility
Volatility is a rate at which the price of Splitit Payments 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 Splitit Payments may increase or decrease. In other words, similar to Splitit's beta indicator, it measures the risk of Splitit Payments and helps estimate the fluctuations that may happen in a short period of time. So if prices of Splitit Payments 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.Splitit Payments Ltd, together with its subsidiaries, provides payment solution services in North America, the United Kingdom, Europe, and Australia. Its solution enables customers to pay for purchases with an existing credit to break payments into bite-sized pieces to pay overtime with no interest, applications, and fees Splitit Payments Ltd was incorporated in 2008 and is headquartered in New York, New York. Splitit Payments is traded on OTC Exchange in the United States.
Splitit Payments' 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 Splitit OTC Stock over a specified period of time, often expressed as the standard deviation of daily returns. In other words, it measures how much Splitit Payments' price varies over time.
3 ways to utilize Splitit Payments' volatility to invest better
Higher Splitit Payments' stock volatility means that the price of its stock is changing rapidly and unpredictably, while lower stock volatility indicates that the price of Splitit Payments 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. Splitit Payments 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 Splitit Payments investment. A higher volatility means higher risk and potentially larger changes in value.
- Identifying Opportunities: High volatility in Splitit Payments' 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 Splitit Payments' stock relates to your other investments can help you create a well-diversified portfolio of assets with varying levels of risk.
Splitit Payments Investment Opportunity
Splitit Payments has a volatility of 12.7 and is 16.71 times more volatile than Dow Jones Industrial. Compared to the overall equity markets, volatility of historical daily returns of Splitit Payments is higher than 96 percent of all global equities and portfolios over the last 90 days. You can use Splitit Payments to protect your portfolios against small market fluctuations. The otc stock experiences a normal downward fluctuation but is a risky buy. Check odds of Splitit Payments to be traded at $0.0 in 90 days.Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
Splitit Payments 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 Splitit Payments 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. Splitit Payments' 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, Splitit Payments' 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 Splitit Payments.
Complementary Tools for Splitit OTC Stock analysis
When running Splitit Payments' price analysis, check to measure Splitit Payments' 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 Splitit Payments is operating at the current time. Most of Splitit Payments' value examination focuses on studying past and present price action to predict the probability of Splitit Payments' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Splitit Payments' price. Additionally, you may evaluate how the addition of Splitit Payments to your portfolios can decrease your overall portfolio volatility.
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