Quidel Stock Volatility
| QDEL Stock | USD 36.12 0.52 1.46% |
Quidel maintains Sharpe Ratio (i.e., Efficiency) of -0.11, which implies the firm had a -0.11 % return per unit of risk over the last 3 months. Quidel exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Quidel's Risk Adjusted Performance of (0.01), coefficient of variation of (6,671), and Variance of 8.41 to confirm the risk estimate we provide. Key indicators related to Quidel's volatility include:
90 Days Market Risk | Chance Of Distress | 90 Days Economic Sensitivity |
Quidel 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 Quidel daily returns, and it is calculated using variance and standard deviation. We also use Quidel's beta, its sensitivity to the market, as well as its odds of financial distress to provide a more practical estimation of Quidel volatility.
Quidel |
ESG Sustainability
While most ESG disclosures are voluntary, Quidel's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Quidel'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 Quidel at lower prices. For example, an investor can purchase Quidel 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 Quidel Stock
Moving against Quidel Stock
Quidel Market Sensitivity And Downside Risk
Quidel's beta coefficient measures the volatility of Quidel 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 Quidel stock's returns against your selected market. In other words, Quidel's beta of 0.86 provides an investor with an approximation of how much risk Quidel stock can potentially add to one of your existing portfolios. Quidel exhibits very low volatility with skewness of 0.18 and kurtosis of 0.54. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Quidel'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 Quidel'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 Quidel Demand TrendCheck current 90 days Quidel correlation with market (Dow Jones Industrial)Quidel Beta |
Quidel 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 | 2.52 |
It is essential to understand the difference between upside risk (as represented by Quidel's standard deviation) and the downside risk, which can be measured by semi-deviation or downside deviation of Quidel's daily returns or price. Since the actual investment returns on holding a position in quidel 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 Quidel.
Using Quidel Put Option to Manage Risk
Put options written on Quidel grant holders of the option the right to sell a specified amount of Quidel 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 Quidel Stock cannot fall below zero, the put buyer does gain as the price drops. So, one way investors can hedge Quidel'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 Quidel will be realized, the loss incurred will be offset by the profits made with the option trade.
Quidel's PUT expiring on 2025-06-20
Profit |
| Quidel Price At Expiration |
Current Quidel Insurance Chain
| Delta | Gamma | Open Int | Expiration | Current Spread | Last Price | |||
Put | QDEL250620P00022500 | -0.114427 | 0.010518 | 2 | 2025-06-20 | 0.1 - 2.5 | 0.0 | View |
Put | QDEL250620P00025000 | -0.146868 | 0.013824 | 4 | 2025-06-20 | 0.35 - 2.8 | 0.0 | View |
Put | QDEL250620P00027500 | -0.169418 | 0.019186 | 9 | 2025-06-20 | 0.75 - 2.1 | 0.0 | View |
Put | QDEL250620P00030000 | -0.219621 | 0.025841 | 114 | 2025-06-20 | 1.35 - 2.05 | 0.0 | View |
Put | QDEL250620P00032500 | -0.288313 | 0.034917 | 23 | 2025-06-20 | 1.25 - 2.85 | 0.0 | View |
Put | QDEL250620P00035000 | -0.388411 | 0.037707 | 29 | 2025-06-20 | 2.6 - 4.0 | 0.0 | View |
Put | QDEL250620P00037500 | -0.48119 | 0.037589 | 20 | 2025-06-20 | 4.5 - 5.2 | 0.0 | View |
Put | QDEL250620P00040000 | -0.578468 | 0.038828 | 95 | 2025-06-20 | 6.1 - 6.4 | 0.0 | View |
Put | QDEL250620P00042500 | -0.669451 | 0.037124 | 31 | 2025-06-20 | 7.7 - 8.2 | 0.0 | View |
Put | QDEL250620P00045000 | -0.752252 | 0.033459 | 23 | 2025-06-20 | 9.2 - 10.5 | 0.0 | View |
Put | QDEL250620P00047500 | -0.78892 | 0.028265 | 16 | 2025-06-20 | 11.9 - 12.5 | 0.0 | View |
Quidel Stock Volatility Analysis
Volatility refers to the frequency at which Quidel stock price increases or decreases within a specified period. These fluctuations usually indicate the level of risk that's associated with Quidel's price changes. Investors will then calculate the volatility of Quidel'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 Quidel's volatility:
Historical Volatility
This type of stock volatility measures Quidel's fluctuations based on previous trends. It's commonly used to predict Quidel'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 Quidel'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 Quidel'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. Quidel 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.
Quidel Projected Return Density Against Market
Given the investment horizon of 90 days Quidel has a beta of 0.8568 indicating Quidel market returns are very sensitive to returns on the market. As the market goes up or down, Quidel 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 Quidel or Health Care Equipment & Supplies 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 Quidel'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 Quidel 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.
Quidel has an alpha of 0.04, implying that it can generate a 0.04 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Predicted Return Density |
| Returns |
What Drives a Quidel 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.Quidel Stock Risk Measures
Given the investment horizon of 90 days the coefficient of variation of Quidel is -882.75. The daily returns are distributed with a variance of 6.35 and standard deviation of 2.52. The mean deviation of Quidel is currently at 1.95. For similar time horizon, the selected benchmark (Dow Jones Industrial) has volatility of 0.87
α | Alpha over Dow Jones | 0.04 | |
β | Beta against Dow Jones | 0.86 | |
σ | Overall volatility | 2.52 | |
Ir | Information ratio | 0.02 |
Quidel Stock Return Volatility
Quidel historical daily return volatility represents how much of Quidel stock's daily returns swing around its mean - it is a statistical measure of its dispersion of returns. The company inherits 2.5205% risk (volatility on return distribution) over the 90 days horizon. By contrast, Dow Jones Industrial accepts 0.8959% volatility on return distribution over the 90 days horizon. Performance |
| Timeline |
About Quidel Volatility
Volatility is a rate at which the price of Quidel 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 Quidel may increase or decrease. In other words, similar to Quidel's beta indicator, it measures the risk of Quidel and helps estimate the fluctuations that may happen in a short period of time. So if prices of Quidel 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 | 17.4 M | 16.5 M | |
| Market Cap | 644.4 M | 676.6 M |
Quidel'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 Quidel Stock over a specified period of time, often expressed as the standard deviation of daily returns. In other words, it measures how much Quidel's price varies over time.
3 ways to utilize Quidel's volatility to invest better
Higher Quidel's stock volatility means that the price of its stock is changing rapidly and unpredictably, while lower stock volatility indicates that the price of Quidel 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. Quidel 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 Quidel investment. A higher volatility means higher risk and potentially larger changes in value.
- Identifying Opportunities: High volatility in Quidel'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 Quidel's stock relates to your other investments can help you create a well-diversified portfolio of assets with varying levels of risk.
Quidel Investment Opportunity
Quidel has a volatility of 2.52 and is 2.8 times more volatile than Dow Jones Industrial. Compared to the overall equity markets, volatility of historical daily returns of Quidel is lower than 22 percent of all global equities and portfolios over the last 90 days. You can use Quidel to enhance the returns of your portfolios. The stock experiences a large bullish trend. Check odds of Quidel to be traded at $39.73 in 90 days.Modest diversification
The correlation between Quidel and DJI is 0.26 (i.e., Modest diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Quidel and DJI in the same portfolio, assuming nothing else is changed.
Quidel Additional Risk Indicators
The analysis of Quidel'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 Quidel's investment and either accepting that risk or mitigating it. Along with some common measures of Quidel 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 | (0.01) | |||
| Market Risk Adjusted Performance | (0.05) | |||
| Mean Deviation | 2.2 | |||
| Coefficient Of Variation | (6,671) | |||
| Standard Deviation | 2.9 | |||
| Variance | 8.41 | |||
| Information Ratio | 0.0192 |
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.
Quidel 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 Quidel 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. Quidel'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, Quidel'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 Quidel.
When determining whether Quidel is a strong investment it is important to analyze Quidel's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Quidel's future performance. For an informed investment choice regarding Quidel Stock, refer to the following important reports: Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Quidel. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income. For more information on how to buy Quidel Stock please use our How to buy in Quidel Stock guide.You can also try the Price Exposure Probability module to analyze equity upside and downside potential for a given time horizon across multiple markets.
Is Health Care Equipment & Supplies 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 Quidel. If investors know Quidel 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 Quidel 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 (0.77) | Earnings Share (30.54) | Revenue Per Share | Quarterly Revenue Growth (0.05) | Return On Assets |
The market value of Quidel is measured differently than its book value, which is the value of Quidel that is recorded on the company's balance sheet. Investors also form their own opinion of Quidel's value that differs from its market value or its book value, called intrinsic value, which is Quidel'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 Quidel's market value can be influenced by many factors that don't directly affect Quidel'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 Quidel's value and its price as these two are different measures arrived at by different means. Investors typically determine if Quidel is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Quidel'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.