TTW Public (Germany) Volatility
| F1P Stock | EUR 0.25 0.01 4.17% |
At this point, TTW Public is out of control. TTW Public owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0377, which indicates the firm had a 0.0377% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for TTW Public, which you can use to evaluate the volatility of the company. Please validate TTW Public's Risk Adjusted Performance of 0.0364, semi deviation of 1.88, and Coefficient Of Variation of 2671.37 to confirm if the risk estimate we provide is consistent with the expected return of 0.0936%. Key indicators related to TTW Public's volatility include:
30 Days Market Risk | Chance Of Distress | 30 Days Economic Sensitivity |
TTW Public 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 TTW daily returns, and it is calculated using variance and standard deviation. We also use TTW's beta, its sensitivity to the market, as well as its odds of financial distress to provide a more practical estimation of TTW Public volatility.
TTW |
Since volatility provides investors with entry points to take advantage of stock prices, companies, such as TTW Public 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 TTW Public at lower prices to lower their average cost per share. Similarly, when the prices of TTW Public's stock rise, investors can sell out and invest the proceeds in other equities with better opportunities.
Moving against TTW Stock
| 0.48 | 7RY | Ryerson Holding | PairCorr |
| 0.46 | FDK | American States Water | PairCorr |
| 0.43 | SAJA | Companhia de Saneamento | PairCorr |
| 0.36 | A2A | Aqua America | PairCorr |
| 0.35 | NSE | Nomura Holdings | PairCorr |
TTW Public Market Sensitivity And Downside Risk
TTW Public's beta coefficient measures the volatility of TTW 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 TTW stock's returns against your selected market. In other words, TTW Public's beta of 0.45 provides an investor with an approximation of how much risk TTW Public stock can potentially add to one of your existing portfolios. TTW Public shows above-average downside volatility for the selected time horizon. TTW Public is a potential penny stock. Although TTW Public may be in fact a good instrument to invest, many penny stocks are speculative in nature and are subject to artificial price hype. Please make sure you totally understand the upside potential and downside risk of investing in TTW Public. We encourage investors to look for signals such as email spams, message board hypes, claims of breakthroughs, volume upswings, sudden news releases, promotions that are not reported, or demotions released before SEC filings. Please also check biographies and work history of current and past company officers before investing in high volatility instruments, penny stocks, or equities with microcap classification. You can indeed make money on TTW instrument if you perfectly time your entry and exit. However, remember that penny stocks 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 TTW Public Demand TrendCheck current 90 days TTW Public correlation with market (Dow Jones Industrial)TTW Beta |
TTW 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 | 2.48 |
It is essential to understand the difference between upside risk (as represented by TTW Public's standard deviation) and the downside risk, which can be measured by semi-deviation or downside deviation of TTW Public's daily returns or price. Since the actual investment returns on holding a position in ttw 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 TTW Public.
TTW Public Stock Volatility Analysis
Volatility refers to the frequency at which TTW Public stock price increases or decreases within a specified period. These fluctuations usually indicate the level of risk that's associated with TTW Public's price changes. Investors will then calculate the volatility of TTW Public'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 TTW Public's volatility:
Historical Volatility
This type of stock volatility measures TTW Public's fluctuations based on previous trends. It's commonly used to predict TTW Public'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 TTW Public'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 TTW Public'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. TTW Public 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.
TTW Public Projected Return Density Against Market
Assuming the 90 days horizon TTW Public has a beta of 0.4532 . This usually indicates as returns on the market go up, TTW Public average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding TTW Public will be expected to be much smaller as well.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 TTW Public or Utilities 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 TTW Public'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 TTW 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.
TTW Public has an alpha of 0.0721, implying that it can generate a 0.0721 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Predicted Return Density |
| Returns |
What Drives a TTW Public 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.TTW Public Stock Risk Measures
Assuming the 90 days horizon the coefficient of variation of TTW Public is 2651.32. The daily returns are distributed with a variance of 6.16 and standard deviation of 2.48. The mean deviation of TTW Public is currently at 1.13. For similar time horizon, the selected benchmark (Dow Jones Industrial) has volatility of 0.79
α | Alpha over Dow Jones | 0.07 | |
β | Beta against Dow Jones | 0.45 | |
σ | Overall volatility | 2.48 | |
Ir | Information ratio | 0.02 |
TTW Public Stock Return Volatility
TTW Public historical daily return volatility represents how much of TTW Public stock's daily returns swing around its mean - it is a statistical measure of its dispersion of returns. The company shows 2.4819% volatility of returns over 90 . By contrast, Dow Jones Industrial accepts 0.8045% volatility on return distribution over the 90 days horizon. Performance |
| Timeline |
About TTW Public Volatility
Volatility is a rate at which the price of TTW Public 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 TTW Public may increase or decrease. In other words, similar to TTW's beta indicator, it measures the risk of TTW Public and helps estimate the fluctuations that may happen in a short period of time. So if prices of TTW Public 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.TTW Public Company Limited, together with its subsidiaries, produces and sells treated water in Thailand. The company was incorporated in 2000 and is headquartered in Nakhon Pathom, Thailand. TTW PCL operates under Utilities - Regulated Water classification in Germany and is traded on Frankfurt Stock Exchange.
TTW Public'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 TTW Stock over a specified period of time, often expressed as the standard deviation of daily returns. In other words, it measures how much TTW Public's price varies over time.
3 ways to utilize TTW Public's volatility to invest better
Higher TTW Public's stock volatility means that the price of its stock is changing rapidly and unpredictably, while lower stock volatility indicates that the price of TTW Public 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. TTW Public 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 TTW Public investment. A higher volatility means higher risk and potentially larger changes in value.
- Identifying Opportunities: High volatility in TTW Public'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 TTW Public's stock relates to your other investments can help you create a well-diversified portfolio of assets with varying levels of risk.
TTW Public Investment Opportunity
TTW Public has a volatility of 2.48 and is 3.1 times more volatile than Dow Jones Industrial. Compared to the overall equity markets, volatility of historical daily returns of TTW Public is lower than 22 percent of all global equities and portfolios over the last 90 days. You can use TTW Public to enhance the returns of your portfolios. The stock experiences a very speculative upward sentiment. Check odds of TTW Public to be traded at €0.3125 in 90 days.Average diversification
The correlation between TTW Public and DJI is 0.15 (i.e., Average diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding TTW Public and DJI in the same portfolio, assuming nothing else is changed.
TTW Public Additional Risk Indicators
The analysis of TTW Public'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 TTW Public's investment and either accepting that risk or mitigating it. Along with some common measures of TTW Public 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 | 0.0364 | |||
| Market Risk Adjusted Performance | 0.1914 | |||
| Mean Deviation | 1.11 | |||
| Semi Deviation | 1.88 | |||
| Downside Deviation | 6.42 | |||
| Coefficient Of Variation | 2671.37 | |||
| Standard Deviation | 2.46 |
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.
TTW Public 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 TTW Public 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. TTW Public'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, TTW Public'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 TTW Public.
Complementary Tools for TTW Stock analysis
When running TTW Public's price analysis, check to measure TTW Public'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 TTW Public is operating at the current time. Most of TTW Public's value examination focuses on studying past and present price action to predict the probability of TTW Public's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move TTW Public's price. Additionally, you may evaluate how the addition of TTW Public to your portfolios can decrease your overall portfolio volatility.
| Instant Ratings Determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
| Premium Stories Follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope |