Third Bench Stock Volatility
| THBD Stock | 0.0001 0.00 0.00% |
Third Bench is out of control given 3 months investment horizon. Third Bench owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.39, which indicates the firm had a 0.39 % return per unit of risk over the last 3 months. We have analyzed twenty-six different technical indicators, which can help you to evaluate if expected returns of 147.54% are justified by taking the suggested risk. Use Third Bench Semi Deviation of 50.95, coefficient of variation of 258.84, and Risk Adjusted Performance of 0.2779 to evaluate company specific risk that cannot be diversified away.
Third |
Third Bench 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 Third daily returns, and it is calculated using variance and standard deviation. We also use Third's beta, its sensitivity to the market, as well as its odds of financial distress to provide a more practical estimation of Third Bench volatility.
Since volatility provides investors with entry points to take advantage of stock prices, companies, such as Third Bench 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 Third Bench at lower prices to lower their average cost per share. Similarly, when the prices of Third Bench's stock rise, investors can sell out and invest the proceeds in other equities with better opportunities. Main indicators related to Third Bench's market risk premium analysis include:
Moving against Third Pink Sheet
Third Bench Market Sensitivity And Downside Risk
Third Bench's beta coefficient measures the volatility of Third 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 Third pink sheet's returns against your selected market. In other words, Third Bench's beta of 20.45 provides an investor with an approximation of how much risk Third Bench pink sheet can potentially add to one of your existing portfolios. Third Bench is showing large volatility of returns over the selected time horizon. Third Bench appears to be a penny stock. Although Third Bench may be, in fact, a solid short-term or long term investment, many penny pink sheets are speculative investment instruments that are often subject to artificial stock promotion and campaigns of hype which may lead to misinformation and misrepresentation. Please make sure you fully understand upside potential and downside risks of investing in Third Bench or similar risky assets. We encourage investors to look for signals such as email spams, message board hypes, claims of breakthroughs, volume upswing without any event/news,and sudden news releases. We also encourage traders to check biographies and work history of company President, CEO or other officers before investing in high-volatility instruments, penny stocks, or equities with microcap classification. You can indeed make money on Third 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 Third Bench Demand TrendCheck current 90 days Third Bench correlation with market (Dow Jones Industrial)Third Bench Volatility and Downside Risk
Third 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.
Third Bench Pink Sheet Volatility Analysis
Volatility refers to the frequency at which Third Bench pink sheet price increases or decreases within a specified period. These fluctuations usually indicate the level of risk that's associated with Third Bench's price changes. Investors will then calculate the volatility of Third Bench'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 Third Bench's volatility:
Historical Volatility
This type of pink sheet volatility measures Third Bench's fluctuations based on previous trends. It's commonly used to predict Third Bench'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 Third Bench'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 Third Bench'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. Third Bench 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.
Third Bench Projected Return Density Against Market
Given the investment horizon of 90 days the pink sheet has the beta coefficient of 20.4456 . 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, Third Bench 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 Third Bench or Third 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 Third Bench'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 Third 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.
Third Bench has an alpha of 144.7289, implying that it can generate a 144.73 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Predicted Return Density |
| Returns |
What Drives a Third Bench 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.Third Bench Pink Sheet Risk Measures
Given the investment horizon of 90 days the coefficient of variation of Third Bench is 259.6. The daily returns are distributed with a variance of 146702.19 and standard deviation of 383.02. The mean deviation of Third Bench is currently at 279.49. For similar time horizon, the selected benchmark (Dow Jones Industrial) has volatility of 0.69
α | Alpha over Dow Jones | 144.73 | |
β | Beta against Dow Jones | 20.45 | |
σ | Overall volatility | 383.02 | |
Ir | Information ratio | 0.39 |
Third Bench Pink Sheet Return Volatility
Third Bench historical daily return volatility represents how much of Third Bench pink sheet's daily returns swing around its mean - it is a statistical measure of its dispersion of returns. The firm inherits 383.0172% risk (volatility on return distribution) over the 90 days horizon. By contrast, Dow Jones Industrial accepts 0.6994% volatility on return distribution over the 90 days horizon. Performance |
| Timeline |
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
| High negative correlations
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Risk-Adjusted Indicators
There is a big difference between Third Pink Sheet performing well and Third Bench 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 Third Bench'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| BIGG | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
| KIDBQ | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
| CGAM | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
| AZDDQ | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
| DEER | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
| ARVLF | 49.53 | 21.86 | 0.29 | (0.86) | 25.74 | 200.00 | 490.00 | |||
| APPM | 2.98 | 1.60 | 0.00 | (1.54) | 0.00 | 0.00 | 100.00 | |||
| BONTQ | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
| OBDP | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
| IBGR | 10.98 | 0.06 | 0.05 | 0.11 | 9.85 | 29.55 | 146.22 |
Third Bench Investment Opportunity
Third Bench has a volatility of 383.02 and is 547.17 times more volatile than Dow Jones Industrial. Compared to the overall equity markets, volatility of historical daily returns of Third Bench is higher than 96 percent of all global equities and portfolios over the last 90 days. You can use Third Bench to protect your portfolios against small market fluctuations. The pink sheet experiences a normal downward fluctuation but is a risky buy. Check odds of Third Bench to be traded at 1.0E-4 in 90 days.Significant diversification
The correlation between Third Bench and DJI is 0.03 (i.e., Significant diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Third Bench and DJI in the same portfolio, assuming nothing else is changed.
Third Bench Additional Risk Indicators
The analysis of Third Bench'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 Third Bench's investment and either accepting that risk or mitigating it. Along with some common measures of Third Bench 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 | 0.2779 | |||
| Market Risk Adjusted Performance | 7.19 | |||
| Mean Deviation | 275.23 | |||
| Semi Deviation | 50.95 | |||
| Downside Deviation | 91.99 | |||
| Coefficient Of Variation | 258.84 | |||
| Standard Deviation | 379.91 |
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.
Third Bench 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 Third Bench 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. Third Bench'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, Third Bench'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 Third Bench.
Complementary Tools for Third Pink Sheet analysis
When running Third Bench's price analysis, check to measure Third Bench'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 Third Bench is operating at the current time. Most of Third Bench's value examination focuses on studying past and present price action to predict the probability of Third Bench's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Third Bench's price. Additionally, you may evaluate how the addition of Third Bench to your portfolios can decrease your overall portfolio volatility.
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