Chardan Nextech Acquisition Stock Volatility
| DFLI Stock | USD 2.12 0.01 0.47% |
Chardan NexTech Acqu secures Sharpe Ratio (or Efficiency) of -0.1, which signifies that the company had a -0.1 % return per unit of standard deviation over the last 3 months. Chardan NexTech Acquisition exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Chardan NexTech's mean deviation of 5.56, and Risk Adjusted Performance of (0.06) to double-check the risk estimate we provide. Key indicators related to Chardan NexTech's volatility include:
90 Days Market Risk | Chance Of Distress | 90 Days Economic Sensitivity |
Chardan NexTech 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 Chardan daily returns, and it is calculated using variance and standard deviation. We also use Chardan's beta, its sensitivity to the market, as well as its odds of financial distress to provide a more practical estimation of Chardan NexTech volatility.
Chardan |
ESG Sustainability
While most ESG disclosures are voluntary, Chardan NexTech's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Chardan NexTech's managers and investors.Environmental | Governance | Social |
Downward market volatility can be a perfect environment for investors who play the long game. Here, they may decide to buy additional stocks of Chardan NexTech at lower prices. For example, an investor can purchase Chardan 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 Chardan Stock
Moving against Chardan Stock
| 0.76 | GAUZ | Gauzy Ordinary | PairCorr |
| 0.7 | EOSE | Eos Energy Enterprises Earnings Call This Week | PairCorr |
| 0.57 | EOSEW | Eos Energy Enterprises | PairCorr |
| 0.48 | ENS | Enersys | PairCorr |
| 0.47 | ENVX | Enovix Corp | PairCorr |
Chardan NexTech Market Sensitivity And Downside Risk
Chardan NexTech's beta coefficient measures the volatility of Chardan 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 Chardan stock's returns against your selected market. In other words, Chardan NexTech's beta of 1.14 provides an investor with an approximation of how much risk Chardan NexTech stock can potentially add to one of your existing portfolios. Chardan NexTech Acquisition is displaying above-average volatility over the selected time horizon. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Chardan NexTech'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 Chardan NexTech'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 Chardan NexTech Acqu Demand TrendCheck current 90 days Chardan NexTech correlation with market (Dow Jones Industrial)Chardan Beta |
Chardan 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 | 6.38 |
It is essential to understand the difference between upside risk (as represented by Chardan NexTech's standard deviation) and the downside risk, which can be measured by semi-deviation or downside deviation of Chardan NexTech's daily returns or price. Since the actual investment returns on holding a position in chardan 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 Chardan NexTech.
Using Chardan Put Option to Manage Risk
Put options written on Chardan NexTech grant holders of the option the right to sell a specified amount of Chardan NexTech at a specified price within a specified time frame. The put buyer has a limited loss and, while not fully unlimited gains, as the price of Chardan Stock cannot fall below zero, the put buyer does gain as the price drops. So, one way investors can hedge Chardan NexTech's position is by buying a put option against it. The put option used this way is usually referred to as insurance. If an undesired outcome occurs and loss on holding Chardan NexTech will be realized, the loss incurred will be offset by the profits made with the option trade.
Chardan NexTech's PUT expiring on 2025-05-16
Profit |
| Chardan NexTech Price At Expiration |
Chardan NexTech Acqu Stock Volatility Analysis
Volatility refers to the frequency at which Chardan NexTech stock price increases or decreases within a specified period. These fluctuations usually indicate the level of risk that's associated with Chardan NexTech's price changes. Investors will then calculate the volatility of Chardan NexTech'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 Chardan NexTech's volatility:
Historical Volatility
This type of stock volatility measures Chardan NexTech's fluctuations based on previous trends. It's commonly used to predict Chardan NexTech'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 Chardan NexTech'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 Chardan NexTech'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. Chardan NexTech Acqu 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.
Chardan NexTech Projected Return Density Against Market
Given the investment horizon of 90 days the stock has the beta coefficient of 1.138 suggesting Chardan NexTech Acquisition market returns are responsive to returns on the market. As the market goes up or down, Chardan NexTech 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 Chardan NexTech or Machinery 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 Chardan NexTech'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 Chardan 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.
Chardan NexTech Acquisition 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 Chardan NexTech 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.Chardan NexTech Stock Risk Measures
Given the investment horizon of 90 days the coefficient of variation of Chardan NexTech is -961.74. The daily returns are distributed with a variance of 40.75 and standard deviation of 6.38. The mean deviation of Chardan NexTech Acquisition is currently at 4.78. For similar time horizon, the selected benchmark (Dow Jones Industrial) has volatility of 0.73
α | Alpha over Dow Jones | -0.8 | |
β | Beta against Dow Jones | 1.14 | |
σ | Overall volatility | 6.38 | |
Ir | Information ratio | -0.1 |
Chardan NexTech Stock Return Volatility
Chardan NexTech historical daily return volatility represents how much of Chardan NexTech stock's daily returns swing around its mean - it is a statistical measure of its dispersion of returns. The firm inherits 6.3832% risk (volatility on return distribution) over the 90 days horizon. By contrast, Dow Jones Industrial accepts 0.7329% volatility on return distribution over the 90 days horizon. Performance |
| Timeline |
About Chardan NexTech Volatility
Volatility is a rate at which the price of Chardan NexTech 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 Chardan NexTech may increase or decrease. In other words, similar to Chardan's beta indicator, it measures the risk of Chardan NexTech and helps estimate the fluctuations that may happen in a short period of time. So if prices of Chardan NexTech 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.| Last Reported | Projected for Next Year | ||
| Selling And Marketing Expenses | 14.5 M | 11.6 M | |
| Market Cap | 296.2 M | 281.4 M |
Chardan NexTech'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 Chardan Stock over a specified period of time, often expressed as the standard deviation of daily returns. In other words, it measures how much Chardan NexTech's price varies over time.
3 ways to utilize Chardan NexTech's volatility to invest better
Higher Chardan NexTech's stock volatility means that the price of its stock is changing rapidly and unpredictably, while lower stock volatility indicates that the price of Chardan NexTech Acqu 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. Chardan NexTech Acqu 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 Chardan NexTech Acqu investment. A higher volatility means higher risk and potentially larger changes in value.
- Identifying Opportunities: High volatility in Chardan NexTech'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 Chardan NexTech's stock relates to your other investments can help you create a well-diversified portfolio of assets with varying levels of risk.
Chardan NexTech Investment Opportunity
Chardan NexTech Acquisition has a volatility of 6.38 and is 8.74 times more volatile than Dow Jones Industrial. 56 percent of all equities and portfolios are less risky than Chardan NexTech. You can use Chardan NexTech Acquisition to protect your portfolios against small market fluctuations. The stock experiences a normal downward trend and little activity. Check odds of Chardan NexTech to be traded at $2.1 in 90 days.Average diversification
The correlation between Chardan NexTech Acquisition and DJI is 0.11 (i.e., Average diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Chardan NexTech Acquisition and DJI in the same portfolio, assuming nothing else is changed.
Chardan NexTech Additional Risk Indicators
The analysis of Chardan NexTech'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 Chardan NexTech's investment and either accepting that risk or mitigating it. Along with some common measures of Chardan NexTech 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 | (0.06) | |||
| Market Risk Adjusted Performance | (0.69) | |||
| Mean Deviation | 5.56 | |||
| Coefficient Of Variation | (998.39) | |||
| Standard Deviation | 7.9 | |||
| Variance | 62.44 | |||
| Information Ratio | (0.10) |
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.
Chardan NexTech 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 Chardan NexTech 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. Chardan NexTech'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, Chardan NexTech'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 Chardan NexTech Acquisition.
Complementary Tools for Chardan Stock analysis
When running Chardan NexTech's price analysis, check to measure Chardan NexTech'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 Chardan NexTech is operating at the current time. Most of Chardan NexTech's value examination focuses on studying past and present price action to predict the probability of Chardan NexTech's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Chardan NexTech's price. Additionally, you may evaluate how the addition of Chardan NexTech to your portfolios can decrease your overall portfolio volatility.
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