Branded Legacy Stock Volatility
| BLEG Stock | USD 0.0005 0.0001 16.67% |
Branded Legacy secures Sharpe Ratio (or Efficiency) of -0.013, which signifies that the company had a -0.013% return per unit of standard deviation over the last 3 months. Branded Legacy exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Branded Legacy's risk adjusted performance of (0.0005), and Mean Deviation of 7.42 to double-check the risk estimate we provide. Key indicators related to Branded Legacy's volatility include:
30 Days Market Risk | Chance Of Distress | 30 Days Economic Sensitivity |
Branded Legacy Pink Sheet 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 Branded daily returns, and it is calculated using variance and standard deviation. We also use Branded's beta, its sensitivity to the market, as well as its odds of financial distress to provide a more practical estimation of Branded Legacy volatility.
Branded |
Since volatility provides investors with entry points to take advantage of stock prices, companies, such as Branded Legacy can benefit from it. Downward market volatility can be a perfect environment for investors who play the long game as hey may decide to buy additional stocks of Branded Legacy at lower prices to lower their average cost per share. Similarly, when the prices of Branded Legacy's stock rise, investors can sell out and invest the proceeds in other equities with better opportunities.
Moving together with Branded Pink Sheet
| 0.7 | NSRGF | Nestle SA | PairCorr |
| 0.71 | GIS | General Mills | PairCorr |
| 0.75 | GRBMF | Grupo Bimbo SAB | PairCorr |
| 0.81 | BMBOY | Grupo Bimbo SAB | PairCorr |
Moving against Branded Pink Sheet
Branded Legacy Market Sensitivity And Downside Risk
Branded Legacy's beta coefficient measures the volatility of Branded pink sheet 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 Branded pink sheet's returns against your selected market. In other words, Branded Legacy's beta of 3.9 provides an investor with an approximation of how much risk Branded Legacy pink sheet can potentially add to one of your existing portfolios. Branded Legacy is displaying above-average volatility over the selected time horizon. Branded Legacy appears to be a penny stock. Although Branded Legacy may be, in fact, a solid short-term or long term investment, many penny pink sheets are speculative investment instruments that are often subject to artificial stock promotion and campaigns of hype which may lead to misinformation and misrepresentation. Please make sure you fully understand upside potential and downside risks of investing in Branded Legacy or similar risky assets. We encourage investors to look for signals such as email spams, message board hypes, claims of breakthroughs, volume upswing without any event/news,and sudden news releases. We also encourage traders to check biographies and work history of company President, CEO or other officers before investing in high-volatility instruments, penny stocks, or equities with microcap classification. You can indeed make money on Branded instrument if you perfectly time your entry and exit. However, remember that penny pink sheets 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 Branded Legacy Demand TrendCheck current 90 days Branded Legacy correlation with market (Dow Jones Industrial)Branded Beta |
Branded 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 | 20.06 |
It is essential to understand the difference between upside risk (as represented by Branded Legacy's standard deviation) and the downside risk, which can be measured by semi-deviation or downside deviation of Branded Legacy's daily returns or price. Since the actual investment returns on holding a position in branded pink sheet 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 Branded Legacy.
Branded Legacy Pink Sheet Volatility Analysis
Volatility refers to the frequency at which Branded Legacy pink sheet price increases or decreases within a specified period. These fluctuations usually indicate the level of risk that's associated with Branded Legacy's price changes. Investors will then calculate the volatility of Branded Legacy's pink sheet to predict their future moves. A pink sheet that has erratic price changes quickly hits new highs, and lows are considered highly volatile. A pink sheet with relatively stable price changes has low volatility. A highly volatile pink sheet 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 Branded Legacy's volatility:
Historical Volatility
This type of pink sheet volatility measures Branded Legacy's fluctuations based on previous trends. It's commonly used to predict Branded Legacy's future behavior based on its past. However, it cannot conclusively determine the future direction of the pink sheet.Implied Volatility
This type of volatility provides a positive outlook on future price fluctuations for Branded Legacy's current market price. This means that the pink sheet will return to its initially predicted market price. This type of volatility can be derived from derivative instruments written on Branded Legacy'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. Branded Legacy 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.
Branded Legacy Projected Return Density Against Market
Given the investment horizon of 90 days the pink sheet has the beta coefficient of 3.8964 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, Branded Legacy 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 Branded Legacy or Consumer Defensive 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 Branded Legacy's price will be affected by overall pink sheet 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 Branded pink sheet'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.
Branded Legacy 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 Branded Legacy Price Volatility?
Several factors can influence a pink sheet'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.Branded Legacy Pink Sheet Risk Measures
Given the investment horizon of 90 days the coefficient of variation of Branded Legacy is -7701.76. The daily returns are distributed with a variance of 402.27 and standard deviation of 20.06. The mean deviation of Branded Legacy is currently at 7.65. For similar time horizon, the selected benchmark (Dow Jones Industrial) has volatility of 0.79
α | Alpha over Dow Jones | -0.35 | |
β | Beta against Dow Jones | 3.90 | |
σ | Overall volatility | 20.06 | |
Ir | Information ratio | -0.01 |
Branded Legacy Pink Sheet Return Volatility
Branded Legacy historical daily return volatility represents how much of Branded Legacy pink sheet's daily returns swing around its mean - it is a statistical measure of its dispersion of returns. The company inherits 20.0566% risk (volatility on return distribution) over the 90 days horizon. By contrast, Dow Jones Industrial accepts 0.8045% volatility on return distribution over the 90 days horizon. Performance |
| Timeline |
About Branded Legacy Volatility
Volatility is a rate at which the price of Branded Legacy 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 Branded Legacy may increase or decrease. In other words, similar to Branded's beta indicator, it measures the risk of Branded Legacy and helps estimate the fluctuations that may happen in a short period of time. So if prices of Branded Legacy 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.Branded Legacy Inc engages in the commercial development of hemp and cannabinoid-infused beverages in Central Florida. The company was formerly known as Elev8 Brands, Inc. and changed its name to Branded Legacy Inc in May 2020. Branded Legacy operates under Packaged Foods classification in the United States and is traded on OTC Exchange. It employs 3 people.
Branded Legacy'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 Branded Pink Sheet over a specified period of time, often expressed as the standard deviation of daily returns. In other words, it measures how much Branded Legacy's price varies over time.
3 ways to utilize Branded Legacy's volatility to invest better
Higher Branded Legacy's stock volatility means that the price of its stock is changing rapidly and unpredictably, while lower stock volatility indicates that the price of Branded Legacy 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. Branded Legacy 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 Branded Legacy investment. A higher volatility means higher risk and potentially larger changes in value.
- Identifying Opportunities: High volatility in Branded Legacy'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 Branded Legacy's stock relates to your other investments can help you create a well-diversified portfolio of assets with varying levels of risk.
Branded Legacy Investment Opportunity
Branded Legacy has a volatility of 20.06 and is 25.07 times more volatile than Dow Jones Industrial. Compared to the overall equity markets, volatility of historical daily returns of Branded Legacy is higher than 96 percent of all global equities and portfolios over the last 90 days. You can use Branded Legacy to protect your portfolios against small market fluctuations. The pink sheet experiences a very speculative downward sentiment. The market maybe over-reacting. Check odds of Branded Legacy to be traded at $5.0E-4 in 90 days.Average diversification
The correlation between Branded Legacy and DJI is 0.16 (i.e., Average diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Branded Legacy and DJI in the same portfolio, assuming nothing else is changed.
Branded Legacy Additional Risk Indicators
The analysis of Branded Legacy'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 Branded Legacy's investment and either accepting that risk or mitigating it. Along with some common measures of Branded Legacy pink sheet'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 | (0.0005) | |||
| Market Risk Adjusted Performance | (0.06) | |||
| Mean Deviation | 7.42 | |||
| Coefficient Of Variation | (7,819) | |||
| Standard Deviation | 19.75 | |||
| Variance | 389.89 | |||
| Information Ratio | (0.01) |
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential pink sheets, we recommend comparing similar pink sheets with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.
Branded Legacy 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 Branded Legacy 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. Branded Legacy'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, Branded Legacy'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 Branded Legacy.
Complementary Tools for Branded Pink Sheet analysis
When running Branded Legacy's price analysis, check to measure Branded Legacy's 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 Branded Legacy is operating at the current time. Most of Branded Legacy's value examination focuses on studying past and present price action to predict the probability of Branded Legacy's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Branded Legacy's price. Additionally, you may evaluate how the addition of Branded Legacy to your portfolios can decrease your overall portfolio volatility.
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