VGI Public (Thailand) Volatility
| VGI Stock | THB 2.60 0.04 1.52% |
VGI Public is out of control given 3 months investment horizon. VGI Public owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.11, which indicates the firm had a 0.11% return per unit of volatility over the last 3 months. We were able to collect and analyze data for twenty-nine different technical indicators, which can help you to evaluate if expected returns of 14.4% are justified by taking the suggested risk. Use VGI Public coefficient of variation of 1445.15, and Risk Adjusted Performance of 0.0611 to evaluate company specific risk that cannot be diversified away. Key indicators related to VGI Public's volatility include:
510 Days Market Risk | Chance Of Distress | 510 Days Economic Sensitivity |
VGI Public 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 VGI daily returns, and it is calculated using variance and standard deviation. We also use VGI's beta, its sensitivity to the market, as well as its odds of financial distress to provide a more practical estimation of VGI Public volatility.
VGI |
Downward market volatility can be a perfect environment for investors who play the long game. Here, they may decide to buy additional stocks of VGI Public at lower prices. For example, an investor can purchase VGI 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 VGI Stock
VGI Public Market Sensitivity And Downside Risk
VGI Public's beta coefficient measures the volatility of VGI 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 VGI stock's returns against your selected market. In other words, VGI Public's beta of -0.18 provides an investor with an approximation of how much risk VGI Public stock can potentially add to one of your existing portfolios. VGI Public exhibits above-average semi-deviation for your current time horizon. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure VGI Public's stock risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact VGI Public's 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 VGI Public Demand TrendCheck current 90 days VGI Public correlation with market (Dow Jones Industrial)VGI Beta |
VGI 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 | 126.87 |
It is essential to understand the difference between upside risk (as represented by VGI Public's standard deviation) and the downside risk, which can be measured by semi-deviation or downside deviation of VGI Public's daily returns or price. Since the actual investment returns on holding a position in vgi 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 VGI Public.
VGI Public Stock Volatility Analysis
Volatility refers to the frequency at which VGI Public stock price increases or decreases within a specified period. These fluctuations usually indicate the level of risk that's associated with VGI Public's price changes. Investors will then calculate the volatility of VGI Public's stock to predict their future moves. A 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 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 VGI Public's volatility:
Historical Volatility
This type of stock volatility measures VGI Public's fluctuations based on previous trends. It's commonly used to predict VGI Public'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 VGI Public's current market price. This means that the stock will return to its initially predicted market price. This type of volatility can be derived from derivative instruments written on VGI Public'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. VGI Public 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.
VGI Public Projected Return Density Against Market
Assuming the 90 days trading horizon VGI Public has a beta of -0.1781 . This entails as returns on the benchmark increase, returns on holding VGI Public are expected to decrease at a much lower rate. During a bear market, however, VGI Public 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 VGI Public or Media 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 VGI Public'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 VGI 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.
VGI Public has an alpha of 0.3054, implying that it can generate a 0.31 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Predicted Return Density |
| Returns |
What Drives a VGI Public Price Volatility?
Several factors can influence a 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.VGI Public Stock Risk Measures
Assuming the 90 days trading horizon the coefficient of variation of VGI Public is 880.86. The daily returns are distributed with a variance of 16097.09 and standard deviation of 126.87. The mean deviation of VGI Public is currently at 31.29. For similar time horizon, the selected benchmark (Dow Jones Industrial) has volatility of 0.76
α | Alpha over Dow Jones | 0.31 | |
β | Beta against Dow Jones | -0.18 | |
σ | Overall volatility | 126.87 | |
Ir | Information ratio | 0.04 |
VGI Public Stock Return Volatility
VGI Public historical daily return volatility represents how much of VGI Public stock's daily returns swing around its mean - it is a statistical measure of its dispersion of returns. The company assumes 126.8743% volatility of returns over the 90 days investment horizon. By contrast, Dow Jones Industrial accepts 0.7796% volatility on return distribution over the 90 days horizon. Performance |
| Timeline |
About VGI Public Volatility
Volatility is a rate at which the price of VGI Public 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 VGI Public may increase or decrease. In other words, similar to VGI's beta indicator, it measures the risk of VGI Public and helps estimate the fluctuations that may happen in a short period of time. So if prices of VGI Public 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.VGI Global Media Public Company Limited provides integrated offline-to-online solutions for clients in Thailand. VGI Global Media Public Company Limited is a subsidiary of Bangkok Mass Transit System Public Company Limited. VGI GLOBAL operates under Advertising - Marketing - Media - E-commerce classification in Thailand and is traded on Stock Exchange of Thailand.
VGI Public'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 VGI Stock over a specified period of time, often expressed as the standard deviation of daily returns. In other words, it measures how much VGI Public's price varies over time.
3 ways to utilize VGI Public's volatility to invest better
Higher VGI Public's stock volatility means that the price of its stock is changing rapidly and unpredictably, while lower stock volatility indicates that the price of VGI Public 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. VGI Public 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 VGI Public investment. A higher volatility means higher risk and potentially larger changes in value.
- Identifying Opportunities: High volatility in VGI Public'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 VGI Public's stock relates to your other investments can help you create a well-diversified portfolio of assets with varying levels of risk.
VGI Public Investment Opportunity
VGI Public has a volatility of 126.87 and is 162.65 times more volatile than Dow Jones Industrial. 96 percent of all equities and portfolios are less risky than VGI Public. You can use VGI Public to protect your portfolios against small market fluctuations. The stock experiences a somewhat bearish sentiment, but the market may correct it shortly. Check odds of VGI Public to be traded at 2.52 in 90 days.Good diversification
The correlation between VGI Public and DJI is -0.03 (i.e., Good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding VGI Public and DJI in the same portfolio, assuming nothing else is changed.
VGI Public Additional Risk Indicators
The analysis of VGI Public'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 VGI Public's investment and either accepting that risk or mitigating it. Along with some common measures of VGI Public 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 | 0.0611 | |||
| Market Risk Adjusted Performance | (1.59) | |||
| Mean Deviation | 2.85 | |||
| Semi Deviation | 4.12 | |||
| Downside Deviation | 4.98 | |||
| Coefficient Of Variation | 1445.15 | |||
| Standard Deviation | 4.25 |
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 stocks with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.
VGI Public 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 VGI Public 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. VGI Public'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, VGI Public'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 VGI Public.
Other Information on Investing in VGI Stock
VGI Public financial ratios help investors to determine whether VGI Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in VGI with respect to the benefits of owning VGI Public security.