Table Trac Stock Volatility
| TBTC Stock | USD 4.00 0.18 4.31% |
Table Trac owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.012, which indicates the firm had a -0.012% return per unit of risk over the last 3 months. Table Trac exposes twenty-seven different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Table Trac's Coefficient Of Variation of 3648.31, semi deviation of 2.22, and Risk Adjusted Performance of 0.0281 to confirm the risk estimate we provide. Key indicators related to Table Trac's volatility include:
30 Days Market Risk | Chance Of Distress | 30 Days Economic Sensitivity |
Table Trac 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 Table daily returns, and it is calculated using variance and standard deviation. We also use Table's beta, its sensitivity to the market, as well as its odds of financial distress to provide a more practical estimation of Table Trac volatility.
Table |
ESG Sustainability
While most ESG disclosures are voluntary, Table Trac's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Table Trac's managers and investors.Environmental | Governance | Social |
Since volatility provides investors with entry points to take advantage of stock prices, companies, such as Table Trac 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 Table Trac at lower prices to lower their average cost per share. Similarly, when the prices of Table Trac's stock rise, investors can sell out and invest the proceeds in other equities with better opportunities.
Moving against Table OTC Stock
Table Trac Market Sensitivity And Downside Risk
Table Trac's beta coefficient measures the volatility of Table otc 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 Table otc stock's returns against your selected market. In other words, Table Trac's beta of -0.0152 provides an investor with an approximation of how much risk Table Trac otc stock can potentially add to one of your existing portfolios. Table Trac currently demonstrates below-average downside deviation. It has Information Ratio of -0.02 and Jensen Alpha of 0.06. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Table Trac's otc stock risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact Table Trac's otc stock price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different financial instruments as prices fall.
3 Months Beta |Analyze Table Trac Demand TrendCheck current 90 days Table Trac correlation with market (Dow Jones Industrial)Table Beta |
Table 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 | 2.65 |
It is essential to understand the difference between upside risk (as represented by Table Trac's standard deviation) and the downside risk, which can be measured by semi-deviation or downside deviation of Table Trac's daily returns or price. Since the actual investment returns on holding a position in table otc 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 Table Trac.
Table Trac OTC Stock Volatility Analysis
Volatility refers to the frequency at which Table Trac otc price increases or decreases within a specified period. These fluctuations usually indicate the level of risk that's associated with Table Trac's price changes. Investors will then calculate the volatility of Table Trac's 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 Table Trac's volatility:
Historical Volatility
This type of otc volatility measures Table Trac's fluctuations based on previous trends. It's commonly used to predict Table Trac's 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 Table Trac's 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 Table Trac'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. Table Trac 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.
Table Trac Projected Return Density Against Market
Given the investment horizon of 90 days Table Trac has a beta of -0.0152 . This usually implies as returns on the benchmark increase, returns on holding Table Trac are expected to decrease at a much lower rate. During a bear market, however, Table Trac 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 Table Trac or Consumer Cyclical 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 Table Trac's 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 Table 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.
Table Trac has an alpha of 0.0649, implying that it can generate a 0.0649 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Predicted Return Density |
| Returns |
What Drives a Table Trac 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.Table Trac OTC Stock Risk Measures
Given the investment horizon of 90 days the coefficient of variation of Table Trac is -8363.9. The daily returns are distributed with a variance of 7.04 and standard deviation of 2.65. The mean deviation of Table Trac is currently at 1.77. For similar time horizon, the selected benchmark (Dow Jones Industrial) has volatility of 0.77
α | Alpha over Dow Jones | 0.06 | |
β | Beta against Dow Jones | -0.02 | |
σ | Overall volatility | 2.65 | |
Ir | Information ratio | -0.02 |
Table Trac OTC Stock Return Volatility
Table Trac historical daily return volatility represents how much of Table Trac otc's daily returns swing around its mean - it is a statistical measure of its dispersion of returns. The firm inherits 2.6526% risk (volatility on return distribution) over the 90 days horizon. By contrast, Dow Jones Industrial accepts 0.7796% volatility on return distribution over the 90 days horizon. Performance |
| Timeline |
About Table Trac Volatility
Volatility is a rate at which the price of Table Trac 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 Table Trac may increase or decrease. In other words, similar to Table's beta indicator, it measures the risk of Table Trac and helps estimate the fluctuations that may happen in a short period of time. So if prices of Table Trac 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.Table Trac, Inc. designs, develops, and sells casino information and management systems in the United States, Australia, Japan, the Caribbean, and Central and South America. Table Trac, Inc. was incorporated in 1995 and is based in Minnetonka, Minnesota. Table Trac operates under Resorts Casinos classification in the United States and is traded on OTC Exchange. It employs 29 people.
Table Trac'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 Table OTC Stock over a specified period of time, often expressed as the standard deviation of daily returns. In other words, it measures how much Table Trac's price varies over time.
3 ways to utilize Table Trac's volatility to invest better
Higher Table Trac's stock volatility means that the price of its stock is changing rapidly and unpredictably, while lower stock volatility indicates that the price of Table Trac 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. Table Trac 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 Table Trac investment. A higher volatility means higher risk and potentially larger changes in value.
- Identifying Opportunities: High volatility in Table Trac'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 Table Trac's stock relates to your other investments can help you create a well-diversified portfolio of assets with varying levels of risk.
Table Trac Investment Opportunity
Table Trac has a volatility of 2.65 and is 3.4 times more volatile than Dow Jones Industrial. 23 percent of all equities and portfolios are less risky than Table Trac. You can use Table Trac to protect your portfolios against small market fluctuations. The otc stock experiences a very speculative downward sentiment. The market maybe over-reacting. Check odds of Table Trac to be traded at $3.8 in 90 days.Table Trac Additional Risk Indicators
The analysis of Table Trac'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 Table Trac's investment and either accepting that risk or mitigating it. Along with some common measures of Table Trac otc 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 | 0.0281 | |||
| Market Risk Adjusted Performance | (4.14) | |||
| Mean Deviation | 1.81 | |||
| Semi Deviation | 2.22 | |||
| Downside Deviation | 2.78 | |||
| Coefficient Of Variation | 3648.31 | |||
| Standard Deviation | 2.67 |
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential otc stocks, we recommend comparing similar otcs with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.
Table Trac 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 Table Trac 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. Table Trac'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, Table Trac'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 Table Trac.
Complementary Tools for Table OTC Stock analysis
When running Table Trac's price analysis, check to measure Table Trac'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 Table Trac is operating at the current time. Most of Table Trac's value examination focuses on studying past and present price action to predict the probability of Table Trac's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Table Trac's price. Additionally, you may evaluate how the addition of Table Trac to your portfolios can decrease your overall portfolio volatility.
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