Turnongreen Stock Volatility
| TOGI Stock | 0.06 0 3.45% |
TurnOnGreen, is out of control at the moment. TurnOnGreen, owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0218, which indicates the firm had a 0.0218 % return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for TurnOnGreen, which you can use to evaluate the volatility of the company. Please validate TurnOnGreen,'s Coefficient Of Variation of 2554.07, semi deviation of 5.98, and Risk Adjusted Performance of 0.0367 to confirm if the risk estimate we provide is consistent with the expected return of 0.14%.
TurnOnGreen, |
TurnOnGreen, 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 TurnOnGreen, daily returns, and it is calculated using variance and standard deviation. We also use TurnOnGreen,'s beta, its sensitivity to the market, as well as its odds of financial distress to provide a more practical estimation of TurnOnGreen, volatility.
Downward market volatility can be a perfect environment for investors who play the long game. Here, they may decide to buy additional stocks of TurnOnGreen, at lower prices. For example, an investor can purchase TurnOnGreen, 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 TurnOnGreen, Pink Sheet
Moving against TurnOnGreen, Pink Sheet
| 0.78 | BMYMP | Bristol Myers Squibb | PairCorr |
| 0.75 | MRK | Merck Company | PairCorr |
| 0.73 | FTV | Fortive Corp | PairCorr |
| 0.71 | WMT | Walmart Common Stock Aggressive Push | PairCorr |
| 0.71 | TRV | The Travelers Companies | PairCorr |
| 0.67 | AA | Alcoa Corp | PairCorr |
| 0.67 | JNJ | Johnson Johnson | PairCorr |
| 0.57 | GOOG | Alphabet Class C | PairCorr |
| 0.57 | PFE | Pfizer Inc | PairCorr |
TurnOnGreen, Market Sensitivity And Downside Risk
TurnOnGreen,'s beta coefficient measures the volatility of TurnOnGreen, 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 TurnOnGreen, pink sheet's returns against your selected market. In other words, TurnOnGreen,'s beta of -1.33 provides an investor with an approximation of how much risk TurnOnGreen, pink sheet can potentially add to one of your existing portfolios. TurnOnGreen is displaying above-average volatility over the selected time horizon. TurnOnGreen is a penny stock. Although TurnOnGreen, 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 TurnOnGreen. 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 TurnOnGreen, 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 TurnOnGreen, Demand TrendCheck current 90 days TurnOnGreen, correlation with market (Dow Jones Industrial)TurnOnGreen, Beta |
TurnOnGreen, 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 | 6.57 |
It is essential to understand the difference between upside risk (as represented by TurnOnGreen,'s standard deviation) and the downside risk, which can be measured by semi-deviation or downside deviation of TurnOnGreen,'s daily returns or price. Since the actual investment returns on holding a position in turnongreen, pink sheet 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 TurnOnGreen,.
TurnOnGreen, Pink Sheet Volatility Analysis
Volatility refers to the frequency at which TurnOnGreen, pink sheet price increases or decreases within a specified period. These fluctuations usually indicate the level of risk that's associated with TurnOnGreen,'s price changes. Investors will then calculate the volatility of TurnOnGreen,'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 TurnOnGreen,'s volatility:
Historical Volatility
This type of pink sheet volatility measures TurnOnGreen,'s fluctuations based on previous trends. It's commonly used to predict TurnOnGreen,'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 TurnOnGreen,'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 TurnOnGreen,'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. TurnOnGreen, 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.
TurnOnGreen, Projected Return Density Against Market
Given the investment horizon of 90 days TurnOnGreen has a beta of -1.3327 . This usually implies as returns on its benchmark rise, returns on holding TurnOnGreen are expected to decrease by similarly larger amounts. On the other hand, during market turmoils, TurnOnGreen, is expected to outperform its benchmark.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 TurnOnGreen, or TurnOnGreen, 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 TurnOnGreen,'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 TurnOnGreen, 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.
TurnOnGreen has an alpha of 0.3427, implying that it can generate a 0.34 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Predicted Return Density |
| Returns |
What Drives a TurnOnGreen, 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.TurnOnGreen, Pink Sheet Risk Measures
Given the investment horizon of 90 days the coefficient of variation of TurnOnGreen, is 4596.01. The daily returns are distributed with a variance of 43.1 and standard deviation of 6.57. The mean deviation of TurnOnGreen is currently at 4.53. For similar time horizon, the selected benchmark (Dow Jones Industrial) has volatility of 0.71
α | Alpha over Dow Jones | 0.34 | |
β | Beta against Dow Jones | -1.33 | |
σ | Overall volatility | 6.57 | |
Ir | Information ratio | 0.03 |
TurnOnGreen, Pink Sheet Return Volatility
TurnOnGreen, historical daily return volatility represents how much of TurnOnGreen, pink sheet's daily returns swing around its mean - it is a statistical measure of its dispersion of returns. The firm inherits 6.5654% risk (volatility on return distribution) over the 90 days horizon. By contrast, Dow Jones Industrial accepts 0.7234% volatility on return distribution over the 90 days horizon. Performance |
| Timeline |
TurnOnGreen, Investment Opportunity
TurnOnGreen has a volatility of 6.57 and is 9.13 times more volatile than Dow Jones Industrial. 58 percent of all equities and portfolios are less risky than TurnOnGreen,. You can use TurnOnGreen to enhance the returns of your portfolios. The pink sheet experiences an expected bullish sentiment for its category. Check odds of TurnOnGreen, to be traded at 0.072 in 90 days.Good diversification
The correlation between TurnOnGreen and DJI is -0.13 (i.e., Good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding TurnOnGreen and DJI in the same portfolio, assuming nothing else is changed.
TurnOnGreen, Additional Risk Indicators
The analysis of TurnOnGreen,'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 TurnOnGreen,'s investment and either accepting that risk or mitigating it. Along with some common measures of TurnOnGreen, 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 | 0.0367 | |||
| Market Risk Adjusted Performance | (0.20) | |||
| Mean Deviation | 5.27 | |||
| Semi Deviation | 5.98 | |||
| Downside Deviation | 6.36 | |||
| Coefficient Of Variation | 2554.07 | |||
| Standard Deviation | 7.36 |
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.
TurnOnGreen, 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 TurnOnGreen, 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. TurnOnGreen,'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, TurnOnGreen,'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 TurnOnGreen.
Complementary Tools for TurnOnGreen, Pink Sheet analysis
When running TurnOnGreen,'s price analysis, check to measure TurnOnGreen,'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 TurnOnGreen, is operating at the current time. Most of TurnOnGreen,'s value examination focuses on studying past and present price action to predict the probability of TurnOnGreen,'s future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move TurnOnGreen,'s price. Additionally, you may evaluate how the addition of TurnOnGreen, to your portfolios can decrease your overall portfolio volatility.
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