Spok Holdings Stock Volatility

SPOK Stock  USD 16.43  0.55  3.24%   
As of now, Spok Stock is very steady. Spok Holdings owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0103, which indicates the firm had a 0.0103 % return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Spok Holdings, which you can use to evaluate the volatility of the company. Please validate Spok Holdings' Risk Adjusted Performance of 0.0097, semi deviation of 1.4, and Coefficient Of Variation of 13127.08 to confirm if the risk estimate we provide is consistent with the expected return of 0.0128%. Key indicators related to Spok Holdings' volatility include:
30 Days Market Risk
Chance Of Distress
30 Days Economic Sensitivity
Spok Holdings 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 Spok daily returns, and it is calculated using variance and standard deviation. We also use Spok's beta, its sensitivity to the market, as well as its odds of financial distress to provide a more practical estimation of Spok Holdings volatility.
  

ESG Sustainability

While most ESG disclosures are voluntary, Spok Holdings' sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Spok Holdings' managers and investors.
96.9%
Environmental
75.6%
Governance
76.6%
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 Spok Holdings at lower prices. For example, an investor can purchase Spok 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 against Spok Stock

  0.45TC TuanChe ADRPairCorr

Spok Holdings Market Sensitivity And Downside Risk

Spok Holdings' beta coefficient measures the volatility of Spok 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 Spok stock's returns against your selected market. In other words, Spok Holdings's beta of 0.5 provides an investor with an approximation of how much risk Spok Holdings stock can potentially add to one of your existing portfolios. Spok Holdings has relatively low volatility with skewness of -0.57 and kurtosis of -0.12. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Spok Holdings' stock risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact Spok Holdings' 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 Spok Holdings Demand Trend
Check current 90 days Spok Holdings correlation with market (Dow Jones Industrial)

Spok Beta

    
  0.5  
Spok 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

    
  1.24  
It is essential to understand the difference between upside risk (as represented by Spok Holdings's standard deviation) and the downside risk, which can be measured by semi-deviation or downside deviation of Spok Holdings' daily returns or price. Since the actual investment returns on holding a position in spok 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 Spok Holdings.

Using Spok Put Option to Manage Risk

Put options written on Spok Holdings grant holders of the option the right to sell a specified amount of Spok Holdings 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 Spok Stock cannot fall below zero, the put buyer does gain as the price drops. So, one way investors can hedge Spok Holdings' 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 Spok Holdings will be realized, the loss incurred will be offset by the profits made with the option trade.

Spok Holdings' PUT expiring on 2025-04-17

   Profit   
Strike Price 30
       Spok Holdings Price At Expiration  

Current Spok Holdings Insurance Chain

DeltaGammaOpen IntExpirationCurrent SpreadLast Price
Put
SPOK250417P00015000-0.2471820.133088102025-04-170.0 - 0.750.0View
Put
SPOK250417P00012500-0.1707230.04399292025-04-170.0 - 1.250.0View
View All Spok Holdings Options

Spok Holdings Stock Volatility Analysis

Volatility refers to the frequency at which Spok Holdings stock price increases or decreases within a specified period. These fluctuations usually indicate the level of risk that's associated with Spok Holdings' price changes. Investors will then calculate the volatility of Spok Holdings' 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 Spok Holdings' volatility:

Historical Volatility

This type of stock volatility measures Spok Holdings' fluctuations based on previous trends. It's commonly used to predict Spok Holdings' 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 Spok Holdings' 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 Spok Holdings' 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. Spok Holdings 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.
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JavaScript chart by amCharts 3.21.15Spok Holdings Volume Spok Holdings Closing Prices Dow Jones Industrial Closing Prices - Benchmark Spok Holdings Average Price

Spok Holdings Projected Return Density Against Market

Given the investment horizon of 90 days Spok Holdings has a beta of 0.496 . This usually implies as returns on the market go up, Spok Holdings average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Spok Holdings 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 Spok Holdings or Wireless Telecommunication 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 Spok Holdings' 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 Spok 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.
Spok Holdings has an alpha of 0.0034, implying that it can generate a 0.0034 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta).
   Predicted Return Density   
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JavaScript chart by amCharts 3.21.15Spok Holdings Dow Jones Industrial
       Returns  
Spok Holdings' volatility is measured either by using standard deviation or beta. Standard deviation will reflect the average amount of how spok stock's price will differ from the mean after some time.To get its calculation, you should first determine the mean price during the specified period then subtract that from each price point.

What Drives a Spok Holdings 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.

Spok Holdings Stock Risk Measures

Given the investment horizon of 90 days the coefficient of variation of Spok Holdings is 9722.61. The daily returns are distributed with a variance of 1.54 and standard deviation of 1.24. The mean deviation of Spok Holdings is currently at 1.01. For similar time horizon, the selected benchmark (Dow Jones Industrial) has volatility of 0.73
α
Alpha over Dow Jones
0
β
Beta against Dow Jones0.50
σ
Overall volatility
1.24
Ir
Information ratio 0.01

Spok Holdings Stock Return Volatility

Spok Holdings historical daily return volatility represents how much of Spok Holdings stock's daily returns swing around its mean - it is a statistical measure of its dispersion of returns. The company inherits 1.24% risk (volatility on return distribution) over the 90 days horizon. By contrast, Dow Jones Industrial accepts 0.7327% volatility on return distribution over the 90 days horizon.
 Performance 
JavaScript chart by amCharts 3.21.15Dec2025Feb -3-2-1012
JavaScript chart by amCharts 3.21.15Equity Market
       Timeline  

About Spok Holdings Volatility

Volatility is a rate at which the price of Spok Holdings 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 Spok Holdings may increase or decrease. In other words, similar to Spok's beta indicator, it measures the risk of Spok Holdings and helps estimate the fluctuations that may happen in a short period of time. So if prices of Spok Holdings 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 ReportedProjected for Next Year
Selling And Marketing Expenses14.7 M29.3 M
Market Cap355.2 M394.8 M
Spok Holdings' 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 Spok Stock over a specified period of time, often expressed as the standard deviation of daily returns. In other words, it measures how much Spok Holdings' price varies over time.

3 ways to utilize Spok Holdings' volatility to invest better

Higher Spok Holdings' stock volatility means that the price of its stock is changing rapidly and unpredictably, while lower stock volatility indicates that the price of Spok Holdings 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. Spok Holdings 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 Spok Holdings investment. A higher volatility means higher risk and potentially larger changes in value.
  • Identifying Opportunities: High volatility in Spok Holdings' 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 Spok Holdings' stock relates to your other investments can help you create a well-diversified portfolio of assets with varying levels of risk.
Remember it's essential to remember that stock volatility is just one of many factors to consider when making investment decisions, and it should be used in conjunction with other fundamental and technical analysis tools.

Spok Holdings Investment Opportunity

Spok Holdings has a volatility of 1.24 and is 1.7 times more volatile than Dow Jones Industrial. 11 percent of all equities and portfolios are less risky than Spok Holdings. You can use Spok Holdings to protect your portfolios against small market fluctuations. The stock experiences an unexpected downward movement. The market is reacting to new fundamentals. Check odds of Spok Holdings to be traded at $15.77 in 90 days.
SpokDowDiversified Away

Modest diversification

The correlation between Spok Holdings and DJI is 0.29 (i.e., Modest diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Spok Holdings and DJI in the same portfolio, assuming nothing else is changed.

Spok Holdings Additional Risk Indicators

The analysis of Spok Holdings' 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 Spok Holdings' investment and either accepting that risk or mitigating it. Along with some common measures of Spok Holdings 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.
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.

Spok Holdings 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 Spok Holdings 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. Spok Holdings' 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, Spok Holdings' 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 Spok Holdings.
When determining whether Spok Holdings 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 Spok 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 Spok Holdings Stock. Highlighted below are key reports to facilitate an investment decision about Spok Holdings Stock:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Spok Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons.
For more information on how to buy Spok Stock please use our How to buy in Spok Stock guide.
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Is Wireless Telecommunication Services 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 Spok Holdings. If investors know Spok 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 Spok Holdings 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
(0.18)
Dividend Share
1.25
Earnings Share
0.71
Revenue Per Share
6.828
Quarterly Revenue Growth
(0.02)
The market value of Spok Holdings is measured differently than its book value, which is the value of Spok that is recorded on the company's balance sheet. Investors also form their own opinion of Spok Holdings' value that differs from its market value or its book value, called intrinsic value, which is Spok Holdings' 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 Spok Holdings' market value can be influenced by many factors that don't directly affect Spok Holdings' 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 Spok Holdings' value and its price as these two are different measures arrived at by different means. Investors typically determine if Spok Holdings is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Spok Holdings' 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.