Unique Fabricating Volatility
| UFABDelisted Stock | USD 0.20 0.00 0.00% |
We have found twenty-eight technical indicators for Unique Fabricating, which you can use to evaluate the volatility of the company. Please validate Unique Fabricating's Risk Adjusted Performance of 0.0406, coefficient of variation of 2445.12, and Semi Deviation of 6.57 to confirm if the risk estimate we provide is consistent with the expected return of 0.0%. Key indicators related to Unique Fabricating's volatility include:
360 Days Market Risk | Chance Of Distress | 360 Days Economic Sensitivity |
Unique Fabricating 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 Unique daily returns, and it is calculated using variance and standard deviation. We also use Unique's beta, its sensitivity to the market, as well as its odds of financial distress to provide a more practical estimation of Unique Fabricating volatility.
Unique |
Since volatility provides investors with entry points to take advantage of stock prices, companies, such as Unique Fabricating 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 Unique Fabricating at lower prices to lower their average cost per share. Similarly, when the prices of Unique Fabricating's stock rise, investors can sell out and invest the proceeds in other equities with better opportunities.
Moving against Unique Stock
Unique Fabricating Market Sensitivity And Downside Risk
Unique Fabricating's beta coefficient measures the volatility of Unique 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 Unique stock's returns against your selected market. In other words, Unique Fabricating's beta of 0.2 provides an investor with an approximation of how much risk Unique Fabricating stock can potentially add to one of your existing portfolios. Unique Fabricating is displaying above-average volatility over the selected time horizon. Unique Fabricating is a potential penny stock. Although Unique Fabricating may be in fact a good instrument to invest, many penny stocks are speculative in nature and are subject to artificial price hype. Please make sure you totally understand the upside potential and downside risk of investing in Unique Fabricating. We encourage investors to look for signals such as email spams, message board hypes, claims of breakthroughs, volume upswings, sudden news releases, promotions that are not reported, or demotions released before SEC filings. Please also check biographies and work history of current and past company officers before investing in high volatility instruments, penny stocks, or equities with microcap classification. You can indeed make money on Unique instrument if you perfectly time your entry and exit. However, remember that penny delisted stocks 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 Unique Fabricating Demand TrendCheck current 90 days Unique Fabricating correlation with market (Dow Jones Industrial)Unique Beta |
Unique 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 | 0.0 |
It is essential to understand the difference between upside risk (as represented by Unique Fabricating's standard deviation) and the downside risk, which can be measured by semi-deviation or downside deviation of Unique Fabricating's daily returns or price. Since the actual investment returns on holding a position in unique 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 Unique Fabricating.
Unique Fabricating Stock Volatility Analysis
Volatility refers to the frequency at which Unique Fabricating delisted stock price increases or decreases within a specified period. These fluctuations usually indicate the level of risk that's associated with Unique Fabricating's price changes. Investors will then calculate the volatility of Unique Fabricating's stock to predict their future moves. A delisted stock that has erratic price changes quickly hits new highs, and lows are considered highly volatile. A stock with relatively stable price changes has low volatility. A highly volatile delisted stock 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 Unique Fabricating's volatility:
Historical Volatility
This type of delisted stock volatility measures Unique Fabricating's fluctuations based on previous trends. It's commonly used to predict Unique Fabricating's future behavior based on its past. However, it cannot conclusively determine the future direction of the stock.Implied Volatility
This type of volatility provides a positive outlook on future price fluctuations for Unique Fabricating's current market price. This means that the delisted stock will return to its initially predicted market price. This type of volatility can be derived from derivative instruments written on Unique Fabricating's to be redeemed at a future date.Transformation |
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Unique Fabricating Projected Return Density Against Market
Given the investment horizon of 90 days Unique Fabricating has a beta of 0.2025 . This usually implies as returns on the market go up, Unique Fabricating average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Unique Fabricating 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 Unique Fabricating or Automobile Components 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 Unique Fabricating's price will be affected by overall 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 Unique delisted stock'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.
Unique Fabricating has an alpha of 0.5089, implying that it can generate a 0.51 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Predicted Return Density |
| Returns |
What Drives an Unique Fabricating Price Volatility?
Several factors can influence a delisted stock'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.Unique Fabricating Stock Return Volatility
Unique Fabricating historical daily return volatility represents how much of Unique Fabricating delisted stock's daily returns swing around its mean - it is a statistical measure of its dispersion of returns. The company inherits 0.0% risk (volatility on return distribution) over the 90 days horizon. By contrast, Dow Jones Industrial accepts 0.7425% volatility on return distribution over the 90 days horizon. Performance |
| Timeline |
About Unique Fabricating Volatility
Volatility is a rate at which the price of Unique Fabricating 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 Unique Fabricating may increase or decrease. In other words, similar to Unique's beta indicator, it measures the risk of Unique Fabricating and helps estimate the fluctuations that may happen in a short period of time. So if prices of Unique Fabricating 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.Unique Fabricating, Inc. engineers and manufactures multi-material foam, rubber, and plastic components utilized in noise, vibration, harshness, acoustical management, water and air sealing, decorative, and other functional applications. The company was founded in 1975 and is headquartered in Auburn Hills, Michigan. Unique Fabricating operates under Auto Parts classification in the United States and is traded on AMEX Exchange. It employs 915 people.
Unique Fabricating'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 Unique Stock over a specified period of time, often expressed as the standard deviation of daily returns. In other words, it measures how much Unique Fabricating's price varies over time.
3 ways to utilize Unique Fabricating's volatility to invest better
Higher Unique Fabricating's stock volatility means that the price of its stock is changing rapidly and unpredictably, while lower stock volatility indicates that the price of Unique Fabricating 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. Unique Fabricating 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 Unique Fabricating investment. A higher volatility means higher risk and potentially larger changes in value.
- Identifying Opportunities: High volatility in Unique Fabricating'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 Unique Fabricating's stock relates to your other investments can help you create a well-diversified portfolio of assets with varying levels of risk.
Unique Fabricating Investment Opportunity
Dow Jones Industrial has a standard deviation of returns of 0.74 and is 9.223372036854776E16 times more volatile than Unique Fabricating. 0 percent of all equities and portfolios are less risky than Unique Fabricating. You can use Unique Fabricating to protect your portfolios against small market fluctuations. The stock experiences a normal downward trend, but the immediate impact on correlations cannot be determined at the moment . Check odds of Unique Fabricating to be traded at $0.198 in 90 days.Significant diversification
The correlation between Unique Fabricating and DJI is 0.01 (i.e., Significant diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Unique Fabricating and DJI in the same portfolio, assuming nothing else is changed.
Unique Fabricating Additional Risk Indicators
The analysis of Unique Fabricating'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 Unique Fabricating's investment and either accepting that risk or mitigating it. Along with some common measures of Unique Fabricating 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 | 0.0406 | |||
| Market Risk Adjusted Performance | 2.63 | |||
| Mean Deviation | 7.22 | |||
| Semi Deviation | 6.57 | |||
| Downside Deviation | 8.99 | |||
| Coefficient Of Variation | 2445.12 | |||
| Standard Deviation | 13.2 |
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential stocks, we recommend comparing similar delisted stocks with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.
Unique Fabricating 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 Unique Fabricating 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. Unique Fabricating'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, Unique Fabricating'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 Unique Fabricating.
Check out World Market Map to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation. You can also try the Idea Breakdown module to analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes.
Other Consideration for investing in Unique Stock
If you are still planning to invest in Unique Fabricating check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Unique Fabricating's history and understand the potential risks before investing.
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