CELLULAR GOODS (Germany) Volatility
| 6XS Stock | EUR 0 0.0005 100.00% |
We have found twenty technical indicators for CELLULAR GOODS LS, which you can use to evaluate the volatility of the firm. Please confirm CELLULAR GOODS's Coefficient Of Variation of 1827.74, mean deviation of 3.01, and Risk Adjusted Performance of 0.0538 to double-check if the risk estimate we provide is consistent with the expected return of 0.0%. Key indicators related to CELLULAR GOODS's volatility include:
60 Days Market Risk | Chance Of Distress | 60 Days Economic Sensitivity |
CELLULAR GOODS 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 CELLULAR daily returns, and it is calculated using variance and standard deviation. We also use CELLULAR's beta, its sensitivity to the market, as well as its odds of financial distress to provide a more practical estimation of CELLULAR GOODS volatility.
CELLULAR |
Since volatility provides investors with entry points to take advantage of stock prices, companies, such as CELLULAR GOODS 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 CELLULAR GOODS at lower prices to lower their average cost per share. Similarly, when the prices of CELLULAR GOODS's stock rise, investors can sell out and invest the proceeds in other equities with better opportunities.
CELLULAR GOODS Market Sensitivity And Downside Risk
CELLULAR GOODS's beta coefficient measures the volatility of CELLULAR 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 CELLULAR stock's returns against your selected market. In other words, CELLULAR GOODS's beta of 2.97 provides an investor with an approximation of how much risk CELLULAR GOODS stock can potentially add to one of your existing portfolios. CELLULAR GOODS LS is displaying above-average volatility over the selected time horizon. CELLULAR GOODS LS is a penny stock. Even though CELLULAR GOODS may be a good instrument to invest, many penny stocks are speculative instruments that are subject to artificial stock promotions. Please make sure you fully understand upside and downside scenarios of investing in CELLULAR GOODS LS or similar risky assets. We encourage investors to look for signals such as email spams, message board hypes, claims of breakthroughs, volume upswings,sudden promotions and many other similar artificial hype indicators. We also encourage traders to check work history of company executives before investing in high-volatility instruments, penny stocks, or equities with microcap classification. You can indeed make money on CELLULAR instrument if you perfectly time your entry and exit. However, remember that penny 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 CELLULAR GOODS LS Demand TrendCheck current 90 days CELLULAR GOODS correlation with market (Dow Jones Industrial)CELLULAR Beta |
CELLULAR 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 CELLULAR GOODS's standard deviation) and the downside risk, which can be measured by semi-deviation or downside deviation of CELLULAR GOODS's daily returns or price. Since the actual investment returns on holding a position in cellular 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 CELLULAR GOODS.
CELLULAR GOODS LS Stock Volatility Analysis
Volatility refers to the frequency at which CELLULAR GOODS stock price increases or decreases within a specified period. These fluctuations usually indicate the level of risk that's associated with CELLULAR GOODS's price changes. Investors will then calculate the volatility of CELLULAR GOODS'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 CELLULAR GOODS's volatility:
Historical Volatility
This type of stock volatility measures CELLULAR GOODS's fluctuations based on previous trends. It's commonly used to predict CELLULAR GOODS'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 CELLULAR GOODS'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 CELLULAR GOODS'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. CELLULAR GOODS LS 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.
CELLULAR GOODS Projected Return Density Against Market
Assuming the 90 days horizon the stock has the beta coefficient of 2.9719 . This suggests as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, CELLULAR GOODS 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 CELLULAR GOODS or Healthcare 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 CELLULAR GOODS'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 CELLULAR 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.
CELLULAR GOODS LS has an alpha of 0.7109, implying that it can generate a 0.71 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Predicted Return Density |
| Returns |
What Drives a CELLULAR GOODS 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.CELLULAR GOODS Stock Return Volatility
CELLULAR GOODS historical daily return volatility represents how much of CELLULAR GOODS stock's daily returns swing around its mean - it is a statistical measure of its dispersion of returns. The company shows 0.0% volatility of returns over 90 . By contrast, Dow Jones Industrial accepts 0.8133% volatility on return distribution over the 90 days horizon. Performance |
| Timeline |
About CELLULAR GOODS Volatility
Volatility is a rate at which the price of CELLULAR GOODS 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 CELLULAR GOODS may increase or decrease. In other words, similar to CELLULAR's beta indicator, it measures the risk of CELLULAR GOODS and helps estimate the fluctuations that may happen in a short period of time. So if prices of CELLULAR GOODS 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.Cellular Goods PLC manufactures and sells biosynthetic cannabinoids-based consumer products in the United Kingdom. Cellular Goods PLC was incorporated in 2018 and is based in London, United Kingdom. CELLULAR GOODS is traded on Frankfurt Stock Exchange in Germany.
CELLULAR GOODS'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 CELLULAR Stock over a specified period of time, often expressed as the standard deviation of daily returns. In other words, it measures how much CELLULAR GOODS's price varies over time.
3 ways to utilize CELLULAR GOODS's volatility to invest better
Higher CELLULAR GOODS's stock volatility means that the price of its stock is changing rapidly and unpredictably, while lower stock volatility indicates that the price of CELLULAR GOODS LS 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. CELLULAR GOODS LS 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 CELLULAR GOODS LS investment. A higher volatility means higher risk and potentially larger changes in value.
- Identifying Opportunities: High volatility in CELLULAR GOODS'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 CELLULAR GOODS's stock relates to your other investments can help you create a well-diversified portfolio of assets with varying levels of risk.
CELLULAR GOODS Investment Opportunity
Dow Jones Industrial has a standard deviation of returns of 0.81 and is 9.223372036854776E16 times more volatile than CELLULAR GOODS LS. Compared to the overall equity markets, volatility of historical daily returns of CELLULAR GOODS LS is lower than 0 percent of all global equities and portfolios over the last 90 days. You can use CELLULAR GOODS LS to enhance the returns of your portfolios. The stock experiences a very speculative upward sentiment. Check odds of CELLULAR GOODS to be traded at €0.0013 in 90 days.Average diversification
The correlation between CELLULAR GOODS LS and DJI is 0.17 (i.e., Average diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding CELLULAR GOODS LS and DJI in the same portfolio, assuming nothing else is changed.
CELLULAR GOODS Additional Risk Indicators
The analysis of CELLULAR GOODS'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 CELLULAR GOODS's investment and either accepting that risk or mitigating it. Along with some common measures of CELLULAR GOODS 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 | 0.0538 | |||
| Market Risk Adjusted Performance | 0.2615 | |||
| Mean Deviation | 3.01 | |||
| Coefficient Of Variation | 1827.74 | |||
| Standard Deviation | 13.85 | |||
| Variance | 191.72 | |||
| Information Ratio | 0.0531 |
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.
CELLULAR GOODS 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 CELLULAR GOODS 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. CELLULAR GOODS'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, CELLULAR GOODS'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 CELLULAR GOODS LS.
Complementary Tools for CELLULAR Stock analysis
When running CELLULAR GOODS's price analysis, check to measure CELLULAR GOODS'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 CELLULAR GOODS is operating at the current time. Most of CELLULAR GOODS's value examination focuses on studying past and present price action to predict the probability of CELLULAR GOODS's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move CELLULAR GOODS's price. Additionally, you may evaluate how the addition of CELLULAR GOODS to your portfolios can decrease your overall portfolio volatility.
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