Firefly Neuroscience, Stock Volatility
| AIFF Stock | 3.06 0.02 0.66% |
Firefly Neuroscience, secures Sharpe Ratio (or Efficiency) of -0.0015, which denotes the company had a -0.0015% return per unit of risk over the last 3 months. Firefly Neuroscience, exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Firefly Neuroscience,'s Standard Deviation of 9.47, variance of 89.67, and Mean Deviation of 5.95 to check the risk estimate we provide. Key indicators related to Firefly Neuroscience,'s volatility include:
720 Days Market Risk | Chance Of Distress | 720 Days Economic Sensitivity |
Firefly Neuroscience, 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 Firefly daily returns, and it is calculated using variance and standard deviation. We also use Firefly's beta, its sensitivity to the market, as well as its odds of financial distress to provide a more practical estimation of Firefly Neuroscience, volatility.
Firefly |
Firefly Neuroscience, Stock Volatility Analysis
Volatility refers to the frequency at which Firefly Neuroscience, stock price increases or decreases within a specified period. These fluctuations usually indicate the level of risk that's associated with Firefly Neuroscience,'s price changes. Investors will then calculate the volatility of Firefly Neuroscience,'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 Firefly Neuroscience,'s volatility:
Historical Volatility
This type of stock volatility measures Firefly Neuroscience,'s fluctuations based on previous trends. It's commonly used to predict Firefly Neuroscience,'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 Firefly Neuroscience,'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 Firefly Neuroscience,'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. Firefly Neuroscience, 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.
Firefly Neuroscience, Projected Return Density Against Market
Given the investment horizon of 90 days the stock has the beta coefficient of 1.0035 . This suggests Firefly Neuroscience, market returns are reactive to returns on the market. As the market goes up or down, Firefly Neuroscience, is expected to follow.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 Firefly Neuroscience, or IT 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 Firefly Neuroscience,'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 Firefly 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.
Firefly Neuroscience, has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the Dow Jones Industrial. Predicted Return Density |
| Returns |
What Drives a Firefly Neuroscience, 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.Firefly Neuroscience, Stock Risk Measures
Given the investment horizon of 90 days the coefficient of variation of Firefly Neuroscience, is -68542.63. The daily returns are distributed with a variance of 90.43 and standard deviation of 9.51. The mean deviation of Firefly Neuroscience, is currently at 5.85. For similar time horizon, the selected benchmark (Dow Jones Industrial) has volatility of 0.76
α | Alpha over Dow Jones | -0.18 | |
β | Beta against Dow Jones | 1.00 | |
σ | Overall volatility | 9.51 | |
Ir | Information ratio | -0.02 |
Firefly Neuroscience, Stock Return Volatility
Firefly Neuroscience, historical daily return volatility represents how much of Firefly Neuroscience, stock's daily returns swing around its mean - it is a statistical measure of its dispersion of returns. The company inherits 9.5092% risk (volatility on return distribution) over the 90 days horizon. By contrast, Dow Jones Industrial accepts 0.7444% volatility on return distribution over the 90 days horizon. Performance |
| Timeline |
About Firefly Neuroscience, Volatility
Volatility is a rate at which the price of Firefly Neuroscience, 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 Firefly Neuroscience, may increase or decrease. In other words, similar to Firefly's beta indicator, it measures the risk of Firefly Neuroscience, and helps estimate the fluctuations that may happen in a short period of time. So if prices of Firefly Neuroscience, 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.3 ways to utilize Firefly Neuroscience,'s volatility to invest better
Higher Firefly Neuroscience,'s stock volatility means that the price of its stock is changing rapidly and unpredictably, while lower stock volatility indicates that the price of Firefly Neuroscience, 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. Firefly Neuroscience, 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 Firefly Neuroscience, investment. A higher volatility means higher risk and potentially larger changes in value.
- Identifying Opportunities: High volatility in Firefly Neuroscience,'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 Firefly Neuroscience,'s stock relates to your other investments can help you create a well-diversified portfolio of assets with varying levels of risk.
Firefly Neuroscience, Investment Opportunity
Firefly Neuroscience, has a volatility of 9.51 and is 12.85 times more volatile than Dow Jones Industrial. Compared to the overall equity markets, volatility of historical daily returns of Firefly Neuroscience, is higher than 84 percent of all global equities and portfolios over the last 90 days. You can use Firefly Neuroscience, to enhance the returns of your portfolios. The stock experiences a moderate upward volatility. Check odds of Firefly Neuroscience, to be traded at 3.37 in 90 days.Significant diversification
The correlation between Firefly Neuroscience, and DJI is 0.08 (i.e., Significant diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Firefly Neuroscience, and DJI in the same portfolio, assuming nothing else is changed.
Firefly Neuroscience, Additional Risk Indicators
The analysis of Firefly Neuroscience,'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 Firefly Neuroscience,'s investment and either accepting that risk or mitigating it. Along with some common measures of Firefly Neuroscience, 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 | 0.006 | |||
| Market Risk Adjusted Performance | (0.04) | |||
| Mean Deviation | 5.95 | |||
| Coefficient Of Variation | (23,689) | |||
| Standard Deviation | 9.47 | |||
| Variance | 89.67 | |||
| Information Ratio | (0.02) |
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.
Firefly Neuroscience, 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 Firefly Neuroscience, 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. Firefly Neuroscience,'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, Firefly Neuroscience,'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 Firefly Neuroscience,.
Complementary Tools for Firefly Stock analysis
When running Firefly Neuroscience,'s price analysis, check to measure Firefly Neuroscience,'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 Firefly Neuroscience, is operating at the current time. Most of Firefly Neuroscience,'s value examination focuses on studying past and present price action to predict the probability of Firefly Neuroscience,'s future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Firefly Neuroscience,'s price. Additionally, you may evaluate how the addition of Firefly Neuroscience, to your portfolios can decrease your overall portfolio volatility.
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