BIOLASE Volatility
| BIOLDelisted Stock | USD 0.05 0.02 27.46% |
We have found twenty-three technical indicators for BIOLASE, which you can use to evaluate the volatility of the firm. Please confirm BIOLASE's risk adjusted performance of (0.07), and Mean Deviation of 6.73 to double-check if the risk estimate we provide is consistent with the expected return of 0.0%. Key indicators related to BIOLASE's volatility include:
90 Days Market Risk | Chance Of Distress | 90 Days Economic Sensitivity |
BIOLASE 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 BIOLASE daily returns, and it is calculated using variance and standard deviation. We also use BIOLASE's beta, its sensitivity to the market, as well as its odds of financial distress to provide a more practical estimation of BIOLASE volatility.
BIOLASE |
Downward market volatility can be a perfect environment for investors who play the long game. Here, they may decide to buy additional stocks of BIOLASE at lower prices. For example, an investor can purchase BIOLASE 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 BIOLASE Stock
| 0.52 | BA | Boeing Fiscal Year End 29th of January 2025 | PairCorr |
| 0.31 | MSFT | Microsoft Sell-off Trend | PairCorr |
BIOLASE Market Sensitivity And Downside Risk
BIOLASE's beta coefficient measures the volatility of BIOLASE 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 BIOLASE stock's returns against your selected market. In other words, BIOLASE's beta of 3.85 provides an investor with an approximation of how much risk BIOLASE stock can potentially add to one of your existing portfolios. BIOLASE is displaying above-average volatility over the selected time horizon. BIOLASE is a penny stock. Although BIOLASE may be in fact a good investment, many penny stocks are subject to artificial price hype. Make sure you completely understand the upside potential and downside risk of investing in BIOLASE. We encourage investors to look for signals such as message board hypes, claims of breakthroughs, email spams, sudden volume upswings, and other similar hype indicators. We also encourage traders to check biographies and work history of company officers before investing in instruments with high volatility. You can indeed make money on BIOLASE instrument if you perfectly time your entry and exit. However, remember that penny delisted stocks that have been the subject of artificial hype usually unable to maintain their increased share price for more than just a few days. The price of a promoted high volatility instrument will almost always revert back. The only way to increase shareholder value is through legitimate performance backed up by solid fundamentals.
3 Months Beta |Analyze BIOLASE Demand TrendCheck current 90 days BIOLASE correlation with market (Dow Jones Industrial)BIOLASE Beta |
BIOLASE 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 | 0.0 |
It is essential to understand the difference between upside risk (as represented by BIOLASE's standard deviation) and the downside risk, which can be measured by semi-deviation or downside deviation of BIOLASE's daily returns or price. Since the actual investment returns on holding a position in biolase 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 BIOLASE.
BIOLASE Stock Volatility Analysis
Volatility refers to the frequency at which BIOLASE delisted stock price increases or decreases within a specified period. These fluctuations usually indicate the level of risk that's associated with BIOLASE's price changes. Investors will then calculate the volatility of BIOLASE's stock to predict their future moves. A delisted 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 delisted 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 BIOLASE's volatility:
Historical Volatility
This type of delisted stock volatility measures BIOLASE's fluctuations based on previous trends. It's commonly used to predict BIOLASE'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 BIOLASE's current market price. This means that the delisted stock will return to its initially predicted market price. This type of volatility can be derived from derivative instruments written on BIOLASE's to be redeemed at a future date.Transformation |
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BIOLASE Projected Return Density Against Market
Given the investment horizon of 90 days the stock has the beta coefficient of 3.8511 suggesting as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, BIOLASE will likely underperform.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 BIOLASE 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 BIOLASE'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 BIOLASE delisted 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.
BIOLASE 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 BIOLASE Price Volatility?
Several factors can influence a delisted 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.BIOLASE Stock Return Volatility
BIOLASE historical daily return volatility represents how much of BIOLASE delisted stock's daily returns swing around its mean - it is a statistical measure of its dispersion of returns. The company inherits 0.0% risk (volatility on return distribution) over the 90 days horizon. By contrast, Dow Jones Industrial accepts 0.7976% volatility on return distribution over the 90 days horizon. Performance |
| Timeline |
About BIOLASE Volatility
Volatility is a rate at which the price of BIOLASE 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 BIOLASE may increase or decrease. In other words, similar to BIOLASE's beta indicator, it measures the risk of BIOLASE and helps estimate the fluctuations that may happen in a short period of time. So if prices of BIOLASE 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.BIOLASE, Inc., together with its subsidiaries, develops, manufactures, markets, and sells laser systems for dental practitioners and their patients in the United States and internationally. BIOLASE, Inc. was founded in 1984 and is headquartered in Foothill Ranch, California. Biolase operates under Medical Devices classification in the United States and is traded on NASDAQ Exchange. It employs 158 people.
BIOLASE'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 BIOLASE Stock over a specified period of time, often expressed as the standard deviation of daily returns. In other words, it measures how much BIOLASE's price varies over time.
3 ways to utilize BIOLASE's volatility to invest better
Higher BIOLASE's stock volatility means that the price of its stock is changing rapidly and unpredictably, while lower stock volatility indicates that the price of BIOLASE 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. BIOLASE 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 BIOLASE investment. A higher volatility means higher risk and potentially larger changes in value.
- Identifying Opportunities: High volatility in BIOLASE'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 BIOLASE's stock relates to your other investments can help you create a well-diversified portfolio of assets with varying levels of risk.
BIOLASE Investment Opportunity
Dow Jones Industrial has a standard deviation of returns of 0.8 and is 9.223372036854776E16 times more volatile than BIOLASE. Compared to the overall equity markets, volatility of historical daily returns of BIOLASE is lower than 0 percent of all global equities and portfolios over the last 90 days. You can use BIOLASE to protect your portfolios against small market fluctuations. The stock experiences a very speculative upward sentiment. Check odds of BIOLASE to be traded at $0.0442 in 90 days.Weak diversification
The correlation between BIOLASE and DJI is 0.3 (i.e., Weak diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding BIOLASE and DJI in the same portfolio, assuming nothing else is changed.
BIOLASE Additional Risk Indicators
The analysis of BIOLASE'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 BIOLASE's investment and either accepting that risk or mitigating it. Along with some common measures of BIOLASE 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 | (0.07) | |||
| Market Risk Adjusted Performance | (0.26) | |||
| Mean Deviation | 6.73 | |||
| Coefficient Of Variation | (984.01) | |||
| Standard Deviation | 10.3 | |||
| Variance | 106.16 | |||
| Information Ratio | (0.10) |
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 delisted stocks with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.
BIOLASE 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.
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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 BIOLASE 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. BIOLASE'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, BIOLASE'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 BIOLASE.
Check out Trending Equities to better understand how to build diversified portfolios. 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. You can also try the Price Ceiling Movement module to calculate and plot Price Ceiling Movement for different equity instruments.
Other Consideration for investing in BIOLASE Stock
If you are still planning to invest in BIOLASE check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the BIOLASE's history and understand the potential risks before investing.
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