Ballantyne Strong Volatility
| BTNDelisted Stock | USD 2.65 0.13 5.16% |
We have found twenty-nine technical indicators for Ballantyne Strong, which you can use to evaluate the volatility of the firm. Please confirm Ballantyne Strong's Downside Deviation of 4.54, mean deviation of 3.29, and Risk Adjusted Performance of 0.0958 to double-check if the risk estimate we provide is consistent with the expected return of 0.0%. Key indicators related to Ballantyne Strong's volatility include:
180 Days Market Risk | Chance Of Distress | 180 Days Economic Sensitivity |
Ballantyne Strong 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 Ballantyne daily returns, and it is calculated using variance and standard deviation. We also use Ballantyne's beta, its sensitivity to the market, as well as its odds of financial distress to provide a more practical estimation of Ballantyne Strong volatility.
Ballantyne |
Since volatility provides investors with entry points to take advantage of stock prices, companies, such as Ballantyne Strong can benefit from it. Downward market volatility can be a perfect environment for investors who play the long game. Here, they may decide to buy additional stocks of Ballantyne Strong at lower prices. For example, an investor can purchase Ballantyne stock that has halved in price over a short period. This will lower your average cost per share, thereby improving your portfolio's performance when the markets normalize. Similarly, when the prices of Ballantyne Strong's stock rises, investors can sell out and invest the proceeds in other equities with better opportunities. Investing when markets are volatile with better valuations will accord both investors and companies the opportunity to generate better long-term returns.
Moving against Ballantyne Stock
| 0.42 | TGTX | TG Therapeutics | PairCorr |
| 0.39 | OBYCF | Obayashi | PairCorr |
| 0.37 | ESGLW | ESGL Holdings Limited | PairCorr |
| 0.36 | GIFI | Gulf Island Fabrication | PairCorr |
| 0.34 | NBIX | Neurocrine Biosciences | PairCorr |
| 0.33 | CNOBP | ConnectOne Bancorp | PairCorr |
| 0.33 | MAR | Marriott International | PairCorr |
| 0.32 | NETDU | Nabors Energy Transition | PairCorr |
| 0.32 | FRME | First Merchants Fiscal Year End 23rd of January 2025 | PairCorr |
Ballantyne Strong Market Sensitivity And Downside Risk
Ballantyne Strong's beta coefficient measures the volatility of Ballantyne 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 Ballantyne stock's returns against your selected market. In other words, Ballantyne Strong's beta of -0.4 provides an investor with an approximation of how much risk Ballantyne Strong stock can potentially add to one of your existing portfolios. Ballantyne Strong 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 Ballantyne Strong'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 Ballantyne Strong'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 Ballantyne Strong Demand TrendCheck current 90 days Ballantyne Strong correlation with market (Dow Jones Industrial)Ballantyne Beta |
Ballantyne 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 Ballantyne Strong's standard deviation) and the downside risk, which can be measured by semi-deviation or downside deviation of Ballantyne Strong's daily returns or price. Since the actual investment returns on holding a position in ballantyne 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 Ballantyne Strong.
Ballantyne Strong Stock Volatility Analysis
Volatility refers to the frequency at which Ballantyne Strong delisted stock price increases or decreases within a specified period. These fluctuations usually indicate the level of risk that's associated with Ballantyne Strong's price changes. Investors will then calculate the volatility of Ballantyne Strong'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 Ballantyne Strong's volatility:
Historical Volatility
This type of delisted stock volatility measures Ballantyne Strong's fluctuations based on previous trends. It's commonly used to predict Ballantyne Strong'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 Ballantyne Strong'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 Ballantyne Strong's to be redeemed at a future date.Transformation |
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Ballantyne Strong Projected Return Density Against Market
Considering the 90-day investment horizon Ballantyne Strong has a beta of -0.4036 suggesting as returns on the benchmark increase, returns on holding Ballantyne Strong are expected to decrease at a much lower rate. During a bear market, however, Ballantyne Strong 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 Ballantyne Strong or Entertainment 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 Ballantyne Strong'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 Ballantyne 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.
Ballantyne Strong has an alpha of 0.4915, implying that it can generate a 0.49 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Predicted Return Density |
| Returns |
What Drives a Ballantyne Strong 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.Ballantyne Strong Stock Return Volatility
Ballantyne Strong historical daily return volatility represents how much of Ballantyne Strong delisted stock's daily returns swing around its mean - it is a statistical measure of its dispersion of returns. The firm has volatility of 0.0% on return distribution over 90 days investment horizon. By contrast, Dow Jones Industrial accepts 0.8025% volatility on return distribution over the 90 days horizon. Performance |
| Timeline |
About Ballantyne Strong Volatility
Volatility is a rate at which the price of Ballantyne Strong 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 Ballantyne Strong may increase or decrease. In other words, similar to Ballantyne's beta indicator, it measures the risk of Ballantyne Strong and helps estimate the fluctuations that may happen in a short period of time. So if prices of Ballantyne Strong 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.Ballantyne Strong, Inc. operates in the entertainment industry worldwide. Ballantyne Strong, Inc. was founded in 1932 and is based in Charlotte, North Carolina. Ballantyne Strong operates under Leisure classification in the United States and is traded on AMEX Exchange. It employs 158 people.
Ballantyne Strong'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 Ballantyne Stock over a specified period of time, often expressed as the standard deviation of daily returns. In other words, it measures how much Ballantyne Strong's price varies over time.
3 ways to utilize Ballantyne Strong's volatility to invest better
Higher Ballantyne Strong's stock volatility means that the price of its stock is changing rapidly and unpredictably, while lower stock volatility indicates that the price of Ballantyne Strong 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. Ballantyne Strong 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 Ballantyne Strong investment. A higher volatility means higher risk and potentially larger changes in value.
- Identifying Opportunities: High volatility in Ballantyne Strong'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 Ballantyne Strong's stock relates to your other investments can help you create a well-diversified portfolio of assets with varying levels of risk.
Ballantyne Strong Investment Opportunity
Dow Jones Industrial has a standard deviation of returns of 0.8 and is 9.223372036854776E16 times more volatile than Ballantyne Strong. 0 percent of all equities and portfolios are less risky than Ballantyne Strong. You can use Ballantyne Strong to enhance the returns of your portfolios. The stock experiences a very speculative upward sentiment. Check odds of Ballantyne Strong to be traded at $3.31 in 90 days.Good diversification
The correlation between Ballantyne Strong and DJI is -0.12 (i.e., Good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Ballantyne Strong and DJI in the same portfolio, assuming nothing else is changed.
Ballantyne Strong Additional Risk Indicators
The analysis of Ballantyne Strong'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 Ballantyne Strong's investment and either accepting that risk or mitigating it. Along with some common measures of Ballantyne Strong 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 | 0.0958 | |||
| Market Risk Adjusted Performance | (1.19) | |||
| Mean Deviation | 3.29 | |||
| Semi Deviation | 4.25 | |||
| Downside Deviation | 4.54 | |||
| Coefficient Of Variation | 909.73 | |||
| Standard Deviation | 4.48 |
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.
Ballantyne Strong 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 Ballantyne Strong 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. Ballantyne Strong'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, Ballantyne Strong'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 Ballantyne Strong.
Check out Trending Equities 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 estimate. You can also try the Portfolio Volatility module to check portfolio volatility and analyze historical return density to properly model market risk.
Other Consideration for investing in Ballantyne Stock
If you are still planning to invest in Ballantyne Strong 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 Ballantyne Strong's history and understand the potential risks before investing.
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