Iclick Interactive Asia Stock Volatility
| ICLK Stock | USD 8.82 1.01 10.27% |
IClick Interactive is moderately volatile given 3 months investment horizon. iClick Interactive Asia holds Efficiency (Sharpe) Ratio of 0.24, which attests that the company had a 0.24% return per unit of risk over the last 3 months. We were able to break down and interpolate twenty-nine different technical indicators, which can help you to evaluate if expected returns of 1.95% are justified by taking the suggested risk. Use iClick Interactive Asia Downside Deviation of 6.15, semi deviation of 4.77, and Market Risk Adjusted Performance of (5.72) to evaluate company specific risk that cannot be diversified away. Key indicators related to IClick Interactive's volatility include:
30 Days Market Risk | Chance Of Distress | 30 Days Economic Sensitivity |
IClick Interactive 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 IClick daily returns, and it is calculated using variance and standard deviation. We also use IClick's beta, its sensitivity to the market, as well as its odds of financial distress to provide a more practical estimation of IClick Interactive volatility.
IClick |
ESG Sustainability
While most ESG disclosures are voluntary, IClick Interactive's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to IClick Interactive'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 IClick Interactive at lower prices. For example, an investor can purchase IClick 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 IClick Stock
Moving against IClick Stock
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| 0.51 | CHR | Cheer Holding | PairCorr |
| 0.5 | TSQ | Townsquare Media | PairCorr |
| 0.5 | NXST | Nexstar Broadcasting | PairCorr |
IClick Interactive Market Sensitivity And Downside Risk
IClick Interactive's beta coefficient measures the volatility of IClick 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 IClick stock's returns against your selected market. In other words, IClick Interactive's beta of -0.33 provides an investor with an approximation of how much risk IClick Interactive stock can potentially add to one of your existing portfolios. iClick Interactive Asia 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 IClick Interactive'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 IClick Interactive'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 iClick Interactive Asia Demand TrendCheck current 90 days IClick Interactive correlation with market (Dow Jones Industrial)IClick Beta |
IClick 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 | 8.14 |
It is essential to understand the difference between upside risk (as represented by IClick Interactive's standard deviation) and the downside risk, which can be measured by semi-deviation or downside deviation of IClick Interactive's daily returns or price. Since the actual investment returns on holding a position in iclick 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 IClick Interactive.
Using IClick Put Option to Manage Risk
Put options written on IClick Interactive grant holders of the option the right to sell a specified amount of IClick Interactive 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 IClick Stock cannot fall below zero, the put buyer does gain as the price drops. So, one way investors can hedge IClick Interactive'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 IClick Interactive will be realized, the loss incurred will be offset by the profits made with the option trade.
IClick Interactive's PUT expiring on 2025-01-17
Profit |
| IClick Interactive Price At Expiration |
iClick Interactive Asia Stock Volatility Analysis
Volatility refers to the frequency at which IClick Interactive stock price increases or decreases within a specified period. These fluctuations usually indicate the level of risk that's associated with IClick Interactive's price changes. Investors will then calculate the volatility of IClick Interactive'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 IClick Interactive's volatility:
Historical Volatility
This type of stock volatility measures IClick Interactive's fluctuations based on previous trends. It's commonly used to predict IClick Interactive'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 IClick Interactive'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 IClick Interactive'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. iClick Interactive Asia 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.
IClick Interactive Projected Return Density Against Market
Given the investment horizon of 90 days iClick Interactive Asia has a beta of -0.3326 . This usually indicates as returns on the benchmark increase, returns on holding IClick Interactive are expected to decrease at a much lower rate. During a bear market, however, iClick Interactive Asia 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 IClick Interactive or Media 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 IClick Interactive'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 IClick 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.
IClick Interactive Asia has an alpha of 1.9118, implying that it can generate a 1.91 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Predicted Return Density |
| Returns |
What Drives an IClick Interactive 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.IClick Interactive Stock Risk Measures
Given the investment horizon of 90 days the coefficient of variation of IClick Interactive is 416.24. The daily returns are distributed with a variance of 66.2 and standard deviation of 8.14. The mean deviation of iClick Interactive Asia is currently at 5.58. For similar time horizon, the selected benchmark (Dow Jones Industrial) has volatility of 0.81
α | Alpha over Dow Jones | 1.91 | |
β | Beta against Dow Jones | -0.33 | |
σ | Overall volatility | 8.14 | |
Ir | Information ratio | 0.24 |
IClick Interactive Stock Return Volatility
IClick Interactive historical daily return volatility represents how much of IClick Interactive stock's daily returns swing around its mean - it is a statistical measure of its dispersion of returns. The company inherits 8.1362% risk (volatility on return distribution) over the 90 days horizon. By contrast, Dow Jones Industrial accepts 0.8107% volatility on return distribution over the 90 days horizon. Performance |
| Timeline |
About IClick Interactive Volatility
Volatility is a rate at which the price of IClick Interactive 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 IClick Interactive may increase or decrease. In other words, similar to IClick's beta indicator, it measures the risk of IClick Interactive and helps estimate the fluctuations that may happen in a short period of time. So if prices of IClick Interactive 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 | 42.8 M | 40.7 M | |
| Market Cap | 45 M | 42.8 M |
IClick Interactive'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 IClick Stock over a specified period of time, often expressed as the standard deviation of daily returns. In other words, it measures how much IClick Interactive's price varies over time.
3 ways to utilize IClick Interactive's volatility to invest better
Higher IClick Interactive's stock volatility means that the price of its stock is changing rapidly and unpredictably, while lower stock volatility indicates that the price of iClick Interactive Asia 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. iClick Interactive Asia 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 iClick Interactive Asia investment. A higher volatility means higher risk and potentially larger changes in value.
- Identifying Opportunities: High volatility in IClick Interactive'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 IClick Interactive's stock relates to your other investments can help you create a well-diversified portfolio of assets with varying levels of risk.
IClick Interactive Investment Opportunity
iClick Interactive Asia has a volatility of 8.14 and is 10.05 times more volatile than Dow Jones Industrial. 72 percent of all equities and portfolios are less risky than IClick Interactive. You can use iClick Interactive Asia to protect your portfolios against small market fluctuations. The stock experiences a very speculative upward sentiment. Check odds of IClick Interactive to be traded at $8.38 in 90 days.Good diversification
The correlation between iClick Interactive Asia and DJI is -0.03 (i.e., Good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding iClick Interactive Asia and DJI in the same portfolio, assuming nothing else is changed.
IClick Interactive Additional Risk Indicators
The analysis of IClick Interactive'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 IClick Interactive's investment and either accepting that risk or mitigating it. Along with some common measures of IClick Interactive 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 | 0.2075 | |||
| Market Risk Adjusted Performance | (5.72) | |||
| Mean Deviation | 5.27 | |||
| Semi Deviation | 4.77 | |||
| Downside Deviation | 6.15 | |||
| Coefficient Of Variation | 407.54 | |||
| Standard Deviation | 7.81 |
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.
IClick Interactive 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 IClick Interactive 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. IClick Interactive'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, IClick Interactive'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 iClick Interactive Asia.
When determining whether iClick Interactive Asia is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if IClick Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Iclick Interactive Asia Stock. Highlighted below are key reports to facilitate an investment decision about Iclick Interactive Asia Stock: Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in iClick Interactive Asia. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis. You can also try the Idea Analyzer module to analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas.
Is Advertising space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of IClick Interactive. If investors know IClick will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about IClick Interactive listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 2.591 | Earnings Share (3.75) | Revenue Per Share | Quarterly Revenue Growth (0.22) | Return On Assets |
The market value of iClick Interactive Asia is measured differently than its book value, which is the value of IClick that is recorded on the company's balance sheet. Investors also form their own opinion of IClick Interactive's value that differs from its market value or its book value, called intrinsic value, which is IClick Interactive's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because IClick Interactive's market value can be influenced by many factors that don't directly affect IClick Interactive's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between IClick Interactive's value and its price as these two are different measures arrived at by different means. Investors typically determine if IClick Interactive is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, IClick Interactive's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.