Development Technologies Corp Stock Volatility
| DVTC Stock | USD 9.12 2.87 45.92% |
Development Technologies is risky given 3 months investment horizon. Development Technologies secures Sharpe Ratio (or Efficiency) of 0.19, which denotes the company had a 0.19% return per unit of risk over the last 3 months. We were able to interpolate and analyze data for twenty different technical indicators, which can help you to evaluate if expected returns of 1.81% are justified by taking the suggested risk. Use Development Technologies Variance of 85.32, mean deviation of 3.25, and Standard Deviation of 9.24 to evaluate company specific risk that cannot be diversified away. Key indicators related to Development Technologies' volatility include:
30 Days Market Risk | Chance Of Distress | 30 Days Economic Sensitivity |
Development Technologies 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 Development daily returns, and it is calculated using variance and standard deviation. We also use Development's beta, its sensitivity to the market, as well as its odds of financial distress to provide a more practical estimation of Development Technologies volatility.
Development |
Since volatility provides investors with entry points to take advantage of stock prices, companies, such as Development Technologies 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 Development Technologies at lower prices to lower their average cost per share. Similarly, when the prices of Development Technologies' stock rise, investors can sell out and invest the proceeds in other equities with better opportunities.
Moving together with Development Pink Sheet
Moving against Development Pink Sheet
| 0.71 | PTAIY | Astra International Tbk | PairCorr |
| 0.62 | EC | Ecopetrol SA ADR | PairCorr |
| 0.62 | PKX | POSCO Holdings | PairCorr |
| 0.53 | PUTKY | United Tractors Tbk | PairCorr |
Development Technologies Market Sensitivity And Downside Risk
Development Technologies' beta coefficient measures the volatility of Development 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 Development pink sheet's returns against your selected market. In other words, Development Technologies's beta of -3.54 provides an investor with an approximation of how much risk Development Technologies pink sheet can potentially add to one of your existing portfolios. Development Technologies Corp 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 Development Technologies' pink sheet risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact Development Technologies' pink sheet 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 Development Technologies Demand TrendCheck current 90 days Development Technologies correlation with market (Dow Jones Industrial)Development Beta |
Development 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 | 9.45 |
It is essential to understand the difference between upside risk (as represented by Development Technologies's standard deviation) and the downside risk, which can be measured by semi-deviation or downside deviation of Development Technologies' daily returns or price. Since the actual investment returns on holding a position in development 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 Development Technologies.
Development Technologies Pink Sheet Volatility Analysis
Volatility refers to the frequency at which Development Technologies pink sheet price increases or decreases within a specified period. These fluctuations usually indicate the level of risk that's associated with Development Technologies' price changes. Investors will then calculate the volatility of Development Technologies' 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 Development Technologies' volatility:
Historical Volatility
This type of pink sheet volatility measures Development Technologies' fluctuations based on previous trends. It's commonly used to predict Development Technologies' 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 Development Technologies' 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 Development Technologies' 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. Development Technologies 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.
Development Technologies Projected Return Density Against Market
Given the investment horizon of 90 days Development Technologies Corp has a beta of -3.5388 suggesting as returns on its benchmark rise, returns on holding Development Technologies Corp are expected to decrease by similarly larger amounts. On the other hand, during market turmoils, Development Technologies is expected to outperform its benchmark.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 Development Technologies or Financial 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 Development Technologies' 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 Development 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.
Development Technologies Corp has an alpha of 1.8031, implying that it can generate a 1.8 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Predicted Return Density |
| Returns |
What Drives a Development Technologies 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.Development Technologies Pink Sheet Risk Measures
Given the investment horizon of 90 days the coefficient of variation of Development Technologies is 521.05. The daily returns are distributed with a variance of 89.29 and standard deviation of 9.45. The mean deviation of Development Technologies Corp is currently at 3.4. For similar time horizon, the selected benchmark (Dow Jones Industrial) has volatility of 0.79
α | Alpha over Dow Jones | 1.80 | |
β | Beta against Dow Jones | -3.54 | |
σ | Overall volatility | 9.45 | |
Ir | Information ratio | 0.18 |
Development Technologies Pink Sheet Return Volatility
Development Technologies historical daily return volatility represents how much of Development Technologies pink sheet's daily returns swing around its mean - it is a statistical measure of its dispersion of returns. The firm inherits 9.4495% risk (volatility on return distribution) over the 90 days horizon. By contrast, Dow Jones Industrial accepts 0.8065% volatility on return distribution over the 90 days horizon. Performance |
| Timeline |
About Development Technologies Volatility
Volatility is a rate at which the price of Development Technologies 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 Development Technologies may increase or decrease. In other words, similar to Development's beta indicator, it measures the risk of Development Technologies and helps estimate the fluctuations that may happen in a short period of time. So if prices of Development Technologies 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.Pegasus Pharmaceuticals Inc. manufactures and provides an advanced ECG system for the non-invasive screening of heart pathologies. Pegasus Pharmaceuticals Inc. was founded in 1995 and is headquartered in Palm Beach Gardens, Florida. Development Technologies operates under Shell Companies classification in the United States and is traded on OTC Exchange.
Development Technologies' 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 Development Pink Sheet over a specified period of time, often expressed as the standard deviation of daily returns. In other words, it measures how much Development Technologies' price varies over time.
3 ways to utilize Development Technologies' volatility to invest better
Higher Development Technologies' stock volatility means that the price of its stock is changing rapidly and unpredictably, while lower stock volatility indicates that the price of Development Technologies 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. Development Technologies 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 Development Technologies investment. A higher volatility means higher risk and potentially larger changes in value.
- Identifying Opportunities: High volatility in Development Technologies' 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 Development Technologies' stock relates to your other investments can help you create a well-diversified portfolio of assets with varying levels of risk.
Development Technologies Investment Opportunity
Development Technologies Corp has a volatility of 9.45 and is 11.67 times more volatile than Dow Jones Industrial. 84 percent of all equities and portfolios are less risky than Development Technologies. You can use Development Technologies Corp 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 Development Technologies to be traded at $11.4 in 90 days.Very good diversification
The correlation between Development Technologies Corp and DJI is -0.3 (i.e., Very good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Development Technologies Corp and DJI in the same portfolio, assuming nothing else is changed.
Development Technologies Additional Risk Indicators
The analysis of Development Technologies' 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 Development Technologies' investment and either accepting that risk or mitigating it. Along with some common measures of Development Technologies 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 | 0.1576 | |||
| Market Risk Adjusted Performance | (0.48) | |||
| Mean Deviation | 3.25 | |||
| Coefficient Of Variation | 533.57 | |||
| Standard Deviation | 9.24 | |||
| Variance | 85.32 | |||
| Information Ratio | 0.1838 |
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.
Development Technologies 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 Development Technologies 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. Development Technologies' 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, Development Technologies' 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 Development Technologies Corp.
Complementary Tools for Development Pink Sheet analysis
When running Development Technologies' price analysis, check to measure Development Technologies' 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 Development Technologies is operating at the current time. Most of Development Technologies' value examination focuses on studying past and present price action to predict the probability of Development Technologies' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Development Technologies' price. Additionally, you may evaluate how the addition of Development Technologies to your portfolios can decrease your overall portfolio volatility.
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