Tyra Biosciences Stock Volatility
| TYRA Stock | USD 10.85 0.09 0.82% |
Tyra Biosciences owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.11, which indicates the firm had a -0.11 % return per unit of risk over the last 3 months. Tyra Biosciences exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Tyra Biosciences' Risk Adjusted Performance of (0.11), variance of 11.57, and Coefficient Of Variation of (751.79) to confirm the risk estimate we provide. Key indicators related to Tyra Biosciences' volatility include:
90 Days Market Risk | Chance Of Distress | 90 Days Economic Sensitivity |
Tyra Biosciences 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 Tyra daily returns, and it is calculated using variance and standard deviation. We also use Tyra's beta, its sensitivity to the market, as well as its odds of financial distress to provide a more practical estimation of Tyra Biosciences volatility.
Tyra |
ESG Sustainability
While most ESG disclosures are voluntary, Tyra Biosciences' sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Tyra Biosciences' managers and investors.Environmental | Governance | Social |
Using Tyra Put Option to Manage Risk
Put options written on Tyra Biosciences grant holders of the option the right to sell a specified amount of Tyra Biosciences 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 Tyra Stock cannot fall below zero, the put buyer does gain as the price drops. So, one way investors can hedge Tyra Biosciences' 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 Tyra Biosciences will be realized, the loss incurred will be offset by the profits made with the option trade.
Tyra Biosciences' PUT expiring on 2025-05-16
Profit |
| Tyra Biosciences Price At Expiration |
Current Tyra Biosciences Insurance Chain
| Delta | Gamma | Open Int | Expiration | Current Spread | Last Price | |||
Put | TYRA250516P00012500 | -0.450884 | 0.064216 | 13 | 2025-05-16 | 1.05 - 5.0 | 0.0 | View |
Put | TYRA250516P00015000 | -0.685636 | 0.080305 | 29 | 2025-05-16 | 2.35 - 6.0 | 0.0 | View |
Put | TYRA250516P00017500 | -0.722399 | 0.059031 | 20 | 2025-05-16 | 4.9 - 8.5 | 0.0 | View |
Put | TYRA250516P00020000 | -0.775373 | 0.048905 | 2 | 2025-05-16 | 7.1 - 11.0 | 0.0 | View |
Put | TYRA250516P00025000 | -0.779565 | 0.037525 | 1 | 2025-05-16 | 12.3 - 16.0 | 0.0 | View |
Tyra Biosciences Stock Volatility Analysis
Volatility refers to the frequency at which Tyra Biosciences stock price increases or decreases within a specified period. These fluctuations usually indicate the level of risk that's associated with Tyra Biosciences' price changes. Investors will then calculate the volatility of Tyra Biosciences' 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 Tyra Biosciences' volatility:
Historical Volatility
This type of stock volatility measures Tyra Biosciences' fluctuations based on previous trends. It's commonly used to predict Tyra Biosciences' 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 Tyra Biosciences' 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 Tyra Biosciences' 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. Tyra Biosciences 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.
Tyra Biosciences Projected Return Density Against Market
Given the investment horizon of 90 days the stock has the beta coefficient of 1.005 . This usually implies Tyra Biosciences market returns are sensitive to returns on the market. As the market goes up or down, Tyra Biosciences 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 Tyra Biosciences or Biotechnology 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 Tyra Biosciences' 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 Tyra 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.
Tyra Biosciences 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 Tyra Biosciences 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.Tyra Biosciences Stock Risk Measures
Given the investment horizon of 90 days the coefficient of variation of Tyra Biosciences is -912.42. The daily returns are distributed with a variance of 12.07 and standard deviation of 3.47. The mean deviation of Tyra Biosciences is currently at 2.6. For similar time horizon, the selected benchmark (Dow Jones Industrial) has volatility of 0.89
α | Alpha over Dow Jones | -0.39 | |
β | Beta against Dow Jones | 1.00 | |
σ | Overall volatility | 3.47 | |
Ir | Information ratio | -0.11 |
Tyra Biosciences Stock Return Volatility
Tyra Biosciences historical daily return volatility represents how much of Tyra Biosciences stock's daily returns swing around its mean - it is a statistical measure of its dispersion of returns. The company inherits 3.4735% risk (volatility on return distribution) over the 90 days horizon. By contrast, Dow Jones Industrial accepts 0.8516% volatility on return distribution over the 90 days horizon. Performance |
| Timeline |
About Tyra Biosciences Volatility
Volatility is a rate at which the price of Tyra Biosciences 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 Tyra Biosciences may increase or decrease. In other words, similar to Tyra's beta indicator, it measures the risk of Tyra Biosciences and helps estimate the fluctuations that may happen in a short period of time. So if prices of Tyra Biosciences 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 | 15.7 M | 13.9 M | |
| Market Cap | 366.1 M | 495.8 M |
Tyra Biosciences' 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 Tyra Stock over a specified period of time, often expressed as the standard deviation of daily returns. In other words, it measures how much Tyra Biosciences' price varies over time.
3 ways to utilize Tyra Biosciences' volatility to invest better
Higher Tyra Biosciences' stock volatility means that the price of its stock is changing rapidly and unpredictably, while lower stock volatility indicates that the price of Tyra Biosciences 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. Tyra Biosciences 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 Tyra Biosciences investment. A higher volatility means higher risk and potentially larger changes in value.
- Identifying Opportunities: High volatility in Tyra Biosciences' 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 Tyra Biosciences' stock relates to your other investments can help you create a well-diversified portfolio of assets with varying levels of risk.
Tyra Biosciences Investment Opportunity
Tyra Biosciences has a volatility of 3.47 and is 4.08 times more volatile than Dow Jones Industrial. 31 percent of all equities and portfolios are less risky than Tyra Biosciences. You can use Tyra Biosciences to protect your portfolios against small market fluctuations. The stock experiences a moderate downward daily trend and can be a good diversifier. Check odds of Tyra Biosciences to be traded at $10.63 in 90 days.Modest diversification
The correlation between Tyra Biosciences 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 Tyra Biosciences and DJI in the same portfolio, assuming nothing else is changed.
Tyra Biosciences Additional Risk Indicators
The analysis of Tyra Biosciences' 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 Tyra Biosciences' investment and either accepting that risk or mitigating it. Along with some common measures of Tyra Biosciences 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 | (0.11) | |||
| Market Risk Adjusted Performance | (0.45) | |||
| Mean Deviation | 2.57 | |||
| Coefficient Of Variation | (751.79) | |||
| Standard Deviation | 3.4 | |||
| Variance | 11.57 | |||
| Information Ratio | (0.11) |
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.
Tyra Biosciences 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 Tyra Biosciences 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. Tyra Biosciences' 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, Tyra Biosciences' 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 Tyra Biosciences.
Complementary Tools for Tyra Stock analysis
When running Tyra Biosciences' price analysis, check to measure Tyra Biosciences' 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 Tyra Biosciences is operating at the current time. Most of Tyra Biosciences' value examination focuses on studying past and present price action to predict the probability of Tyra Biosciences' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Tyra Biosciences' price. Additionally, you may evaluate how the addition of Tyra Biosciences to your portfolios can decrease your overall portfolio volatility.
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