Mcig Inc Stock Volatility
| BTZI Stock | USD 0.01 0 31.58% |
Mcig is out of control given 3 months investment horizon. Mcig Inc has Sharpe Ratio of 0.18, which conveys that the firm had a 0.18% return per unit of risk over the last 3 months. We were able to analyze twenty-nine different technical indicators, which can help you to evaluate if expected returns of 2.78% are justified by taking the suggested risk. Use Mcig Inc Downside Deviation of 20.38, mean deviation of 10.61, and Risk Adjusted Performance of 0.1462 to evaluate company specific risk that cannot be diversified away. Key indicators related to Mcig's volatility include:
720 Days Market Risk | Chance Of Distress | 720 Days Economic Sensitivity |
Mcig Pink Sheet 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 Mcig daily returns, and it is calculated using variance and standard deviation. We also use Mcig's beta, its sensitivity to the market, as well as its odds of financial distress to provide a more practical estimation of Mcig volatility.
Mcig |
Downward market volatility can be a perfect environment for investors who play the long game. Here, they may decide to buy additional stocks of Mcig at lower prices. For example, an investor can purchase Mcig 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 Mcig Pink Sheet
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| 0.73 | NOW | ServiceNow Fiscal Year End 22nd of January 2025 | PairCorr |
| 0.64 | SHOP | Shopify | PairCorr |
| 0.75 | SAPGF | SAP SE | PairCorr |
| 0.72 | APP | Applovin Corp | PairCorr |
| 0.77 | MSTR | MicroStrategy Incorporated | PairCorr |
Mcig Market Sensitivity And Downside Risk
Mcig's beta coefficient measures the volatility of Mcig pink sheet 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 Mcig pink sheet's returns against your selected market. In other words, Mcig's beta of -0.76 provides an investor with an approximation of how much risk Mcig pink sheet can potentially add to one of your existing portfolios. Mcig Inc is showing large volatility of returns over the selected time horizon. Mcig Inc is a penny stock. Even though Mcig may be a good instrument to invest, many penny pink sheets are speculative instruments that are subject to artificial stock promotions. Please make sure you fully understand upside and downside scenarios of investing in Mcig Inc 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 Mcig instrument if you perfectly time your entry and exit. However, remember that penny pink sheets 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 Mcig Inc Demand TrendCheck current 90 days Mcig correlation with market (Dow Jones Industrial)Mcig Beta |
Mcig 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 | 15.28 |
It is essential to understand the difference between upside risk (as represented by Mcig's standard deviation) and the downside risk, which can be measured by semi-deviation or downside deviation of Mcig's daily returns or price. Since the actual investment returns on holding a position in mcig pink sheet 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 Mcig.
Mcig Inc Pink Sheet Volatility Analysis
Volatility refers to the frequency at which Mcig pink sheet price increases or decreases within a specified period. These fluctuations usually indicate the level of risk that's associated with Mcig's price changes. Investors will then calculate the volatility of Mcig's pink sheet to predict their future moves. A pink sheet that has erratic price changes quickly hits new highs, and lows are considered highly volatile. A pink sheet with relatively stable price changes has low volatility. A highly volatile pink sheet 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 Mcig's volatility:
Historical Volatility
This type of pink sheet volatility measures Mcig's fluctuations based on previous trends. It's commonly used to predict Mcig's future behavior based on its past. However, it cannot conclusively determine the future direction of the pink sheet.Implied Volatility
This type of volatility provides a positive outlook on future price fluctuations for Mcig's current market price. This means that the pink sheet will return to its initially predicted market price. This type of volatility can be derived from derivative instruments written on Mcig'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. Mcig Inc 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.
Mcig Projected Return Density Against Market
Given the investment horizon of 90 days Mcig Inc has a beta of -0.7579 suggesting as returns on the benchmark increase, returns on holding Mcig are expected to decrease at a much lower rate. During a bear market, however, Mcig Inc 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 Mcig or Technology 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 Mcig's price will be affected by overall pink sheet 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 Mcig pink sheet'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.
Mcig Inc has an alpha of 2.7778, implying that it can generate a 2.78 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Predicted Return Density |
| Returns |
What Drives a Mcig Price Volatility?
Several factors can influence a pink sheet'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.Mcig Pink Sheet Risk Measures
Given the investment horizon of 90 days the coefficient of variation of Mcig is 550.64. The daily returns are distributed with a variance of 233.52 and standard deviation of 15.28. The mean deviation of Mcig Inc is currently at 10.86. For similar time horizon, the selected benchmark (Dow Jones Industrial) has volatility of 0.76
α | Alpha over Dow Jones | 2.78 | |
β | Beta against Dow Jones | -0.76 | |
σ | Overall volatility | 15.28 | |
Ir | Information ratio | 0.17 |
Mcig Pink Sheet Return Volatility
Mcig historical daily return volatility represents how much of Mcig pink sheet's daily returns swing around its mean - it is a statistical measure of its dispersion of returns. The firm inherits 15.2813% 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 Mcig Volatility
Volatility is a rate at which the price of Mcig 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 Mcig may increase or decrease. In other words, similar to Mcig's beta indicator, it measures the risk of Mcig and helps estimate the fluctuations that may happen in a short period of time. So if prices of Mcig 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.BOTS, Inc. focuses on developing and servicing blockchain and robotics solutions. BOTS, Inc. was incorporated in 2010 and is headquartered in San Juan, Puerto Rico. Bots operates under SoftwareApplication classification in the United States and is traded on OTC Exchange. It employs 3 people.
Mcig'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 Mcig Pink Sheet over a specified period of time, often expressed as the standard deviation of daily returns. In other words, it measures how much Mcig's price varies over time.
3 ways to utilize Mcig's volatility to invest better
Higher Mcig's stock volatility means that the price of its stock is changing rapidly and unpredictably, while lower stock volatility indicates that the price of Mcig Inc 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. Mcig Inc 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 Mcig Inc investment. A higher volatility means higher risk and potentially larger changes in value.
- Identifying Opportunities: High volatility in Mcig'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 Mcig's stock relates to your other investments can help you create a well-diversified portfolio of assets with varying levels of risk.
Mcig Investment Opportunity
Mcig Inc has a volatility of 15.28 and is 20.65 times more volatile than Dow Jones Industrial. 96 percent of all equities and portfolios are less risky than Mcig. You can use Mcig Inc to enhance the returns of your portfolios. The pink sheet experiences a very speculative upward sentiment. The trend is possibly hyped up. Check odds of Mcig to be traded at $0.0063 in 90 days.Good diversification
The correlation between Mcig Inc and DJI is -0.04 (i.e., Good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Mcig Inc and DJI in the same portfolio, assuming nothing else is changed.
Mcig Additional Risk Indicators
The analysis of Mcig'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 Mcig's investment and either accepting that risk or mitigating it. Along with some common measures of Mcig pink sheet'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 | 0.1462 | |||
| Market Risk Adjusted Performance | (3.53) | |||
| Mean Deviation | 10.61 | |||
| Semi Deviation | 13.17 | |||
| Downside Deviation | 20.38 | |||
| Coefficient Of Variation | 559.33 | |||
| Standard Deviation | 15.05 |
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential pink sheets, we recommend comparing similar pink sheets with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.
Mcig 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 Mcig 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. Mcig'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, Mcig'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 Mcig Inc.
Complementary Tools for Mcig Pink Sheet analysis
When running Mcig's price analysis, check to measure Mcig'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 Mcig is operating at the current time. Most of Mcig's value examination focuses on studying past and present price action to predict the probability of Mcig's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Mcig's price. Additionally, you may evaluate how the addition of Mcig to your portfolios can decrease your overall portfolio volatility.
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