Tri County Financial Group Stock Volatility
| TYFG Stock | USD 50.10 0.60 1.21% |
At this point, Tri County is very steady. Tri County Financial owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.19, which indicates the firm had a 0.19 % return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Tri County Financial Group, which you can use to evaluate the volatility of the company. Please validate Tri County's Semi Deviation of 0.2098, coefficient of variation of 476.01, and Risk Adjusted Performance of 0.1496 to confirm if the risk estimate we provide is consistent with the expected return of 0.0943%.
Sharpe Ratio = 0.1888
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Based on monthly moving average Tri County is performing at about 14% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Tri County by adding it to a well-diversified portfolio.
Key indicators related to Tri County's volatility include:90 Days Market Risk | Chance Of Distress | 90 Days Economic Sensitivity |
Tri County 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 Tri daily returns, and it is calculated using variance and standard deviation. We also use Tri's beta, its sensitivity to the market, as well as its odds of financial distress to provide a more practical estimation of Tri County volatility.
Tri |
Since volatility provides investors with entry points to take advantage of stock prices, companies, such as Tri County 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 Tri County at lower prices to lower their average cost per share. Similarly, when the prices of Tri County's stock rise, investors can sell out and invest the proceeds in other equities with better opportunities. Main indicators related to Tri County's market risk premium analysis include:
Beta 0.14 | Alpha 0.0861 | Risk 0.5 | Sharpe Ratio 0.19 | Expected Return 0.0943 |
Moving together with Tri OTC Stock
| 0.81 | CIHHF | China Merchants Bank | PairCorr |
| 0.89 | MFG | Mizuho Financial Earnings Call This Week | PairCorr |
| 0.8 | ITUB | Itau Unibanco Banco Aggressive Push | PairCorr |
| 0.86 | PNC | PNC Financial Services | PairCorr |
| 0.72 | PPERF | Bank Mandiri Persero | PairCorr |
| 0.72 | PPERY | Bank Mandiri Persero | PairCorr |
| 0.8 | TLKMF | Telkom Indonesia Tbk | PairCorr |
| 0.73 | TLK | Telkom Indonesia Tbk | PairCorr |
| 0.87 | DCI | Donaldson | PairCorr |
| 0.75 | BKKLY | Bangkok Bank PCL | PairCorr |
| 0.85 | MARUF | Marubeni | PairCorr |
| 0.9 | DD | Dupont De Nemours | PairCorr |
Moving against Tri OTC Stock
| 0.78 | PBCRY | Bank Central Asia | PairCorr |
| 0.74 | HDB | HDFC Bank Limited | PairCorr |
| 0.5 | PTAIF | PT Astra International | PairCorr |
| 0.42 | IBN | ICICI Bank Limited | PairCorr |
| 0.41 | BKRKF | PT Bank Rakyat | PairCorr |
| 0.36 | PBCRF | PT Bank Central | PairCorr |
Tri County Market Sensitivity And Downside Risk
Tri County's beta coefficient measures the volatility of Tri 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 Tri otc stock's returns against your selected market. In other words, Tri County's beta of 0.14 provides an investor with an approximation of how much risk Tri County otc stock can potentially add to one of your existing portfolios. Tri County Financial Group has low volatility with Treynor Ratio of 0.7, Maximum Drawdown of 3.79 and kurtosis of 6.16. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Tri County'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 Tri County'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 Tri County Financial Demand TrendCheck current 90 days Tri County correlation with market (Dow Jones Industrial)Tri County Volatility and Downside Risk
Tri 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.
Tri County Financial OTC Stock Volatility Analysis
Volatility refers to the frequency at which Tri County otc price increases or decreases within a specified period. These fluctuations usually indicate the level of risk that's associated with Tri County's price changes. Investors will then calculate the volatility of Tri County'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 Tri County's volatility:
Historical Volatility
This type of otc volatility measures Tri County's fluctuations based on previous trends. It's commonly used to predict Tri County'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 Tri County'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 Tri County'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. Tri County Financial 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.
Tri County Projected Return Density Against Market
Given the investment horizon of 90 days Tri County has a beta of 0.1377 . This usually implies as returns on the market go up, Tri County average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Tri County Financial Group will be expected to be much smaller as well.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 Tri County or Financial Services 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 Tri County'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 Tri 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.
Tri County Financial Group has an alpha of 0.0861, implying that it can generate a 0.0861 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Predicted Return Density |
| Returns |
What Drives a Tri County 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.Tri County OTC Stock Risk Measures
Given the investment horizon of 90 days the coefficient of variation of Tri County is 529.56. The daily returns are distributed with a variance of 0.25 and standard deviation of 0.5. The mean deviation of Tri County Financial Group is currently at 0.3. For similar time horizon, the selected benchmark (Dow Jones Industrial) has volatility of 0.73
α | Alpha over Dow Jones | 0.09 | |
β | Beta against Dow Jones | 0.14 | |
σ | Overall volatility | 0.50 | |
Ir | Information ratio | 0.05 |
Tri County OTC Stock Return Volatility
Tri County historical daily return volatility represents how much of Tri County otc's daily returns swing around its mean - it is a statistical measure of its dispersion of returns. The company inherits 0.4994% risk (volatility on return distribution) over the 90 days horizon. By contrast, Dow Jones Industrial accepts 0.7469% volatility on return distribution over the 90 days horizon. Performance |
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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
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Risk-Adjusted Indicators
There is a big difference between Tri OTC Stock performing well and Tri County OTC Stock 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 Tri County'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| PONT | 0.03 | (0.01) | 0.00 | (0.26) | 0.00 | 0.00 | 1.44 | |||
| PFLC | 0.55 | 0.20 | 0.14 | 1.87 | 0.36 | 1.27 | 3.79 | |||
| CNBP | 0.84 | 0.46 | 0.00 | (0.99) | 0.00 | 2.19 | 14.02 | |||
| TYBT | 0.71 | 0.07 | 0.00 | 0.18 | 0.00 | 1.45 | 23.40 | |||
| PBNC | 0.50 | 0.15 | 0.07 | 0.75 | 0.15 | 1.89 | 4.12 | |||
| SOMC | 0.61 | 0.00 | (0.05) | 0.06 | 0.84 | 1.29 | 5.85 | |||
| KISB | 0.57 | 0.07 | 0.00 | 1.76 | 0.66 | 1.01 | 5.28 | |||
| PBNK | 0.30 | (0.07) | 0.00 | (1.41) | 0.00 | 0.74 | 2.63 | |||
| CPKF | 0.72 | 0.36 | 0.19 | 2.04 | 0.00 | 2.73 | 6.68 | |||
| BNCC | 0.60 | 0.18 | 0.16 | 1.45 | 0.16 | 1.90 | 3.60 |
About Tri County Volatility
Volatility is a rate at which the price of Tri County 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 Tri County may increase or decrease. In other words, similar to Tri's beta indicator, it measures the risk of Tri County and helps estimate the fluctuations that may happen in a short period of time. So if prices of Tri County 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.Tri-County Financial Group, Inc. operates as a bank holding company for First State Bank that provides various banking products and services to individuals and businesses in the United States. Tri-County Financial Group, Inc. was incorporated in 1986 and is based in Mendota, Illinois. Tri County operates under BanksRegional classification in the United States and is traded on OTC Exchange.
Tri County'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 Tri OTC Stock over a specified period of time, often expressed as the standard deviation of daily returns. In other words, it measures how much Tri County's price varies over time.
3 ways to utilize Tri County's volatility to invest better
Higher Tri County's stock volatility means that the price of its stock is changing rapidly and unpredictably, while lower stock volatility indicates that the price of Tri County Financial 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. Tri County Financial 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 Tri County Financial investment. A higher volatility means higher risk and potentially larger changes in value.
- Identifying Opportunities: High volatility in Tri County'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 Tri County's stock relates to your other investments can help you create a well-diversified portfolio of assets with varying levels of risk.
Tri County Investment Opportunity
Dow Jones Industrial has a standard deviation of returns of 0.75 and is 1.5 times more volatile than Tri County Financial Group. Compared to the overall equity markets, volatility of historical daily returns of Tri County Financial Group is lower than 4 percent of all global equities and portfolios over the last 90 days. You can use Tri County Financial Group to enhance the returns of your portfolios. The otc stock experiences a large bullish trend. Check odds of Tri County to be traded at $55.11 in 90 days.Poor diversification
The correlation between Tri County Financial Group and DJI is 0.73 (i.e., Poor diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Tri County Financial Group and DJI in the same portfolio, assuming nothing else is changed.
Tri County Additional Risk Indicators
The analysis of Tri County'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 Tri County's investment and either accepting that risk or mitigating it. Along with some common measures of Tri County 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 | 0.1496 | |||
| Market Risk Adjusted Performance | 0.706 | |||
| Mean Deviation | 0.3164 | |||
| Semi Deviation | 0.2098 | |||
| Downside Deviation | 0.8944 | |||
| Coefficient Of Variation | 476.01 | |||
| Standard Deviation | 0.5038 |
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.
Tri County 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 Tri County 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. Tri County'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, Tri County'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 Tri County Financial Group.
Complementary Tools for Tri OTC Stock analysis
When running Tri County's price analysis, check to measure Tri County'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 Tri County is operating at the current time. Most of Tri County's value examination focuses on studying past and present price action to predict the probability of Tri County's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Tri County's price. Additionally, you may evaluate how the addition of Tri County to your portfolios can decrease your overall portfolio volatility.
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