BBS Bioactive (Finland) Volatility
| BONEH Stock | EUR 0.07 0 4.23% |
BBS Bioactive Bone secures Sharpe Ratio (or Efficiency) of -0.2, which signifies that the company had a -0.2% return per unit of risk over the last 3 months. BBS Bioactive Bone Substitutes exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm BBS Bioactive's Mean Deviation of 4.85, variance of 81.71, and Coefficient Of Variation of (529.18) to double-check the risk estimate we provide. Key indicators related to BBS Bioactive's volatility include:
390 Days Market Risk | Chance Of Distress | 390 Days Economic Sensitivity |
BBS Bioactive 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 BBS daily returns, and it is calculated using variance and standard deviation. We also use BBS's beta, its sensitivity to the market, as well as its odds of financial distress to provide a more practical estimation of BBS Bioactive volatility.
BBS |
Downward market volatility can be a perfect environment for investors who play the long game. Here, they may decide to buy additional stocks of BBS Bioactive at lower prices. For example, an investor can purchase BBS 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 BBS Stock
Moving against BBS Stock
| 0.65 | NXTMH | Nexstim Oyj | PairCorr |
| 0.62 | ERIBR | Telefonaktiebolaget | PairCorr |
| 0.47 | TTALO | Terveystalo Oy | PairCorr |
BBS Bioactive Market Sensitivity And Downside Risk
BBS Bioactive's beta coefficient measures the volatility of BBS 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 BBS stock's returns against your selected market. In other words, BBS Bioactive's beta of -3.28 provides an investor with an approximation of how much risk BBS Bioactive stock can potentially add to one of your existing portfolios. BBS Bioactive Bone Substitutes is displaying above-average volatility over the selected time horizon. BBS Bioactive Bone Substitutes is a penny stock. Although BBS Bioactive 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 BBS Bioactive Bone Substitutes. 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 BBS instrument if you perfectly time your entry and exit. However, remember that penny 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 BBS Bioactive Bone Demand TrendCheck current 90 days BBS Bioactive correlation with market (Dow Jones Industrial)BBS Beta |
BBS 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 | 9.12 |
It is essential to understand the difference between upside risk (as represented by BBS Bioactive's standard deviation) and the downside risk, which can be measured by semi-deviation or downside deviation of BBS Bioactive's daily returns or price. Since the actual investment returns on holding a position in bbs 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 BBS Bioactive.
BBS Bioactive Bone Stock Volatility Analysis
Volatility refers to the frequency at which BBS Bioactive stock price increases or decreases within a specified period. These fluctuations usually indicate the level of risk that's associated with BBS Bioactive's price changes. Investors will then calculate the volatility of BBS Bioactive'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 BBS Bioactive's volatility:
Historical Volatility
This type of stock volatility measures BBS Bioactive's fluctuations based on previous trends. It's commonly used to predict BBS Bioactive'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 BBS Bioactive'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 BBS Bioactive'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. BBS Bioactive Bone 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.
BBS Bioactive Projected Return Density Against Market
Assuming the 90 days trading horizon BBS Bioactive Bone Substitutes has a beta of -3.2799 suggesting as returns on its benchmark rise, returns on holding BBS Bioactive Bone Substitutes are expected to decrease by similarly larger amounts. On the other hand, during market turmoils, BBS Bioactive is expected to outperform its benchmark.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 BBS Bioactive or Healthcare 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 BBS Bioactive'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 BBS 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.
BBS Bioactive Bone Substitutes 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 BBS Bioactive 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.BBS Bioactive Stock Risk Measures
Assuming the 90 days trading horizon the coefficient of variation of BBS Bioactive is -501.87. The daily returns are distributed with a variance of 83.14 and standard deviation of 9.12. The mean deviation of BBS Bioactive Bone Substitutes is currently at 4.87. For similar time horizon, the selected benchmark (Dow Jones Industrial) has volatility of 0.73
α | Alpha over Dow Jones | -1.38 | |
β | Beta against Dow Jones | -3.28 | |
σ | Overall volatility | 9.12 | |
Ir | Information ratio | -0.2 |
BBS Bioactive Stock Return Volatility
BBS Bioactive historical daily return volatility represents how much of BBS Bioactive stock's daily returns swing around its mean - it is a statistical measure of its dispersion of returns. The firm accepts 9.1183% volatility on return distribution over the 90 days horizon. By contrast, Dow Jones Industrial accepts 0.7299% volatility on return distribution over the 90 days horizon. Performance |
| Timeline |
About BBS Bioactive Volatility
Volatility is a rate at which the price of BBS Bioactive 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 BBS Bioactive may increase or decrease. In other words, similar to BBS's beta indicator, it measures the risk of BBS Bioactive and helps estimate the fluctuations that may happen in a short period of time. So if prices of BBS Bioactive 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.BBS-Bioactive Bone Substitutes Oyj, a biomedical technology company, develops, designs, manufactures, and sells bioactive medical devices and implants for orthopedic surgery in Finland. The company was founded in 2003 and is headquartered in Oulu, Finland. BBS Bioactive is traded on Helsinki Exchange in Finland.
BBS Bioactive'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 BBS Stock over a specified period of time, often expressed as the standard deviation of daily returns. In other words, it measures how much BBS Bioactive's price varies over time.
3 ways to utilize BBS Bioactive's volatility to invest better
Higher BBS Bioactive's stock volatility means that the price of its stock is changing rapidly and unpredictably, while lower stock volatility indicates that the price of BBS Bioactive Bone 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. BBS Bioactive Bone 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 BBS Bioactive Bone investment. A higher volatility means higher risk and potentially larger changes in value.
- Identifying Opportunities: High volatility in BBS Bioactive'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 BBS Bioactive's stock relates to your other investments can help you create a well-diversified portfolio of assets with varying levels of risk.
BBS Bioactive Investment Opportunity
BBS Bioactive Bone Substitutes has a volatility of 9.12 and is 12.49 times more volatile than Dow Jones Industrial. 81 percent of all equities and portfolios are less risky than BBS Bioactive. You can use BBS Bioactive Bone Substitutes to protect your portfolios against small market fluctuations. The stock experiences a very speculative upward sentiment. Check odds of BBS Bioactive to be traded at €0.0646 in 90 days.Very good diversification
The correlation between BBS Bioactive Bone Substitutes and DJI is -0.26 (i.e., Very good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding BBS Bioactive Bone Substitutes and DJI in the same portfolio, assuming nothing else is changed.
BBS Bioactive Additional Risk Indicators
The analysis of BBS Bioactive'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 BBS Bioactive's investment and either accepting that risk or mitigating it. Along with some common measures of BBS Bioactive 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 | (0.13) | |||
| Market Risk Adjusted Performance | 0.5338 | |||
| Mean Deviation | 4.85 | |||
| Coefficient Of Variation | (529.18) | |||
| Standard Deviation | 9.04 | |||
| Variance | 81.71 | |||
| Information Ratio | (0.20) |
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.
BBS Bioactive 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 BBS Bioactive 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. BBS Bioactive'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, BBS Bioactive'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 BBS Bioactive Bone Substitutes.
Complementary Tools for BBS Stock analysis
When running BBS Bioactive's price analysis, check to measure BBS Bioactive'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 BBS Bioactive is operating at the current time. Most of BBS Bioactive's value examination focuses on studying past and present price action to predict the probability of BBS Bioactive's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move BBS Bioactive's price. Additionally, you may evaluate how the addition of BBS Bioactive to your portfolios can decrease your overall portfolio volatility.
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