Genting Singapore Plc Stock Volatility
| GIGNY Stock | USD 26.61 1.95 7.91% |
At this stage we consider Genting Pink Sheet to be not too volatile. Genting Singapore PLC holds Efficiency (Sharpe) Ratio of close to zero, which attests that the entity had a close to zero % return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Genting Singapore PLC, which you can use to evaluate the volatility of the firm. Please check out Genting Singapore's Risk Adjusted Performance of 0.0152, market risk adjusted performance of (0.02), and Downside Deviation of 6.99 to validate if the risk estimate we provide is consistent with the expected return of 0.0359%. Key indicators related to Genting Singapore's volatility include:
90 Days Market Risk | Chance Of Distress | 90 Days Economic Sensitivity |
Genting Singapore 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 Genting daily returns, and it is calculated using variance and standard deviation. We also use Genting's beta, its sensitivity to the market, as well as its odds of financial distress to provide a more practical estimation of Genting Singapore volatility.
Genting |
Since volatility provides investors with entry points to take advantage of stock prices, companies, such as Genting Singapore 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 Genting Singapore at lower prices. For example, an investor can purchase Genting 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 Genting Singapore'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.
Genting Singapore Market Sensitivity And Downside Risk
Genting Singapore's beta coefficient measures the volatility of Genting 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 Genting pink sheet's returns against your selected market. In other words, Genting Singapore's beta of -0.83 provides an investor with an approximation of how much risk Genting Singapore pink sheet can potentially add to one of your existing portfolios. Genting Singapore PLC shows above-average downside volatility for the selected time horizon. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Genting Singapore's 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 Genting Singapore's 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 Genting Singapore PLC Demand TrendCheck current 90 days Genting Singapore correlation with market (Dow Jones Industrial)Genting Beta |
Genting 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 | 4.38 |
It is essential to understand the difference between upside risk (as represented by Genting Singapore's standard deviation) and the downside risk, which can be measured by semi-deviation or downside deviation of Genting Singapore's daily returns or price. Since the actual investment returns on holding a position in genting 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 Genting Singapore.
Genting Singapore PLC Pink Sheet Volatility Analysis
Volatility refers to the frequency at which Genting Singapore pink sheet price increases or decreases within a specified period. These fluctuations usually indicate the level of risk that's associated with Genting Singapore's price changes. Investors will then calculate the volatility of Genting Singapore'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 Genting Singapore's volatility:
Historical Volatility
This type of pink sheet volatility measures Genting Singapore's fluctuations based on previous trends. It's commonly used to predict Genting Singapore'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 Genting Singapore'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 Genting Singapore'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. Genting Singapore PLC 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.
Genting Singapore Projected Return Density Against Market
Assuming the 90 days horizon Genting Singapore PLC has a beta of -0.8286 . This usually indicates as returns on the benchmark increase, returns on holding Genting Singapore are expected to decrease at a much lower rate. During a bear market, however, Genting Singapore PLC 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 Genting Singapore or Consumer Cyclical 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 Genting Singapore'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 Genting 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.
Genting Singapore PLC 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 Genting Singapore 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.Genting Singapore Pink Sheet Risk Measures
Assuming the 90 days horizon the coefficient of variation of Genting Singapore is 12206.99. The daily returns are distributed with a variance of 19.16 and standard deviation of 4.38. The mean deviation of Genting Singapore PLC is currently at 1.75. For similar time horizon, the selected benchmark (Dow Jones Industrial) has volatility of 0.89
α | Alpha over Dow Jones | -0.04 | |
β | Beta against Dow Jones | -0.83 | |
σ | Overall volatility | 4.38 | |
Ir | Information ratio | 0.02 |
Genting Singapore Pink Sheet Return Volatility
Genting Singapore historical daily return volatility represents how much of Genting Singapore pink sheet's daily returns swing around its mean - it is a statistical measure of its dispersion of returns. The company shows 4.3772% volatility of returns over 90 . By contrast, Dow Jones Industrial accepts 0.8449% volatility on return distribution over the 90 days horizon. Performance |
| Timeline |
About Genting Singapore Volatility
Volatility is a rate at which the price of Genting Singapore 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 Genting Singapore may increase or decrease. In other words, similar to Genting's beta indicator, it measures the risk of Genting Singapore and helps estimate the fluctuations that may happen in a short period of time. So if prices of Genting Singapore 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.Genting Singapore Limited engages in the development, management, and operation of integrated resort destinations in Asia. Genting Singapore Limited is a subsidiary of Genting Overseas Holdings Limited. Genting Singapore is traded on OTC Exchange in the United States.
Genting Singapore'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 Genting Pink Sheet over a specified period of time, often expressed as the standard deviation of daily returns. In other words, it measures how much Genting Singapore's price varies over time.
3 ways to utilize Genting Singapore's volatility to invest better
Higher Genting Singapore's stock volatility means that the price of its stock is changing rapidly and unpredictably, while lower stock volatility indicates that the price of Genting Singapore PLC 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. Genting Singapore PLC 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 Genting Singapore PLC investment. A higher volatility means higher risk and potentially larger changes in value.
- Identifying Opportunities: High volatility in Genting Singapore'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 Genting Singapore's stock relates to your other investments can help you create a well-diversified portfolio of assets with varying levels of risk.
Genting Singapore Investment Opportunity
Genting Singapore PLC has a volatility of 4.38 and is 5.21 times more volatile than Dow Jones Industrial. 39 percent of all equities and portfolios are less risky than Genting Singapore. You can use Genting Singapore PLC 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 Genting Singapore to be traded at $33.26 in 90 days.Good diversification
The correlation between Genting Singapore PLC and DJI is -0.15 (i.e., Good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Genting Singapore PLC and DJI in the same portfolio, assuming nothing else is changed.
Genting Singapore Additional Risk Indicators
The analysis of Genting Singapore'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 Genting Singapore's investment and either accepting that risk or mitigating it. Along with some common measures of Genting Singapore 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 | 0.0152 | |||
| Market Risk Adjusted Performance | (0.02) | |||
| Mean Deviation | 1.75 | |||
| Semi Deviation | 2.9 | |||
| Downside Deviation | 6.99 | |||
| Coefficient Of Variation | 12206.99 | |||
| Standard Deviation | 4.38 |
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.
Genting Singapore 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 Genting Singapore 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. Genting Singapore'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, Genting Singapore'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 Genting Singapore PLC.
Additional Tools for Genting Pink Sheet Analysis
When running Genting Singapore's price analysis, check to measure Genting Singapore'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 Genting Singapore is operating at the current time. Most of Genting Singapore's value examination focuses on studying past and present price action to predict the probability of Genting Singapore's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Genting Singapore's price. Additionally, you may evaluate how the addition of Genting Singapore to your portfolios can decrease your overall portfolio volatility.