Zencash Investment Trust Stock Volatility
| HZEN Stock | USD 5.72 0.68 10.63% |
Zencash Investment is very risky given 3 months investment horizon. Zencash Investment Trust shows Sharpe Ratio of 0.12, which attests that the company had a 0.12% return per unit of risk over the last 3 months. We were able to analyze and collect data for twenty-eight different technical indicators, which can help you to evaluate if expected returns of 1.07% are justified by taking the suggested risk. Use Zencash Investment Trust Mean Deviation of 6.41, market risk adjusted performance of 1.12, and Downside Deviation of 6.0 to evaluate company specific risk that cannot be diversified away.
Zencash |
Zencash Investment OTC 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 Zencash daily returns, and it is calculated using variance and standard deviation. We also use Zencash's beta, its sensitivity to the market, as well as its odds of financial distress to provide a more practical estimation of Zencash Investment volatility.
Since volatility provides investors with entry points to take advantage of stock prices, companies, such as Zencash Investment can benefit from it. Downward market volatility can be a perfect environment for investors who play the long game. Here, they may decide to buy additional stocks of Zencash Investment at lower prices. For example, an investor can purchase Zencash stock that has halved in price over a short period. This will lower your average cost per share, thereby improving your portfolio's performance when the markets normalize. Similarly, when the prices of Zencash Investment's stock rises, investors can sell out and invest the proceeds in other equities with better opportunities. Investing when markets are volatile with better valuations will accord both investors and companies the opportunity to generate better long-term returns.
Moving together with Zencash OTC Stock
| 0.82 | AAPL | Apple Inc | PairCorr |
| 0.62 | MSFT | Microsoft | PairCorr |
| 0.72 | AMZN | Amazon Inc | PairCorr |
| 0.77 | META | Meta Platforms | PairCorr |
Moving against Zencash OTC Stock
| 0.51 | INTC | Intel Fiscal Year End 23rd of January 2025 | PairCorr |
Zencash Investment Market Sensitivity And Downside Risk
Zencash Investment's beta coefficient measures the volatility of Zencash otc 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 Zencash otc stock's returns against your selected market. In other words, Zencash Investment's beta of 1.09 provides an investor with an approximation of how much risk Zencash Investment otc stock can potentially add to one of your existing portfolios. Zencash Investment Trust is displaying above-average volatility over the selected time horizon. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Zencash Investment's otc stock risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact Zencash Investment's otc 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 Zencash Investment Trust Demand TrendCheck current 90 days Zencash Investment correlation with market (Dow Jones Industrial)Zencash Beta |
Zencash 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 | 8.78 |
It is essential to understand the difference between upside risk (as represented by Zencash Investment's standard deviation) and the downside risk, which can be measured by semi-deviation or downside deviation of Zencash Investment's daily returns or price. Since the actual investment returns on holding a position in zencash otc 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 Zencash Investment.
Zencash Investment Trust OTC Stock Volatility Analysis
Volatility refers to the frequency at which Zencash Investment otc price increases or decreases within a specified period. These fluctuations usually indicate the level of risk that's associated with Zencash Investment's price changes. Investors will then calculate the volatility of Zencash Investment's otc stock to predict their future moves. A otc that has erratic price changes quickly hits new highs, and lows are considered highly volatile. A otc stock with relatively stable price changes has low volatility. A highly volatile otc 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 Zencash Investment's volatility:
Historical Volatility
This type of otc volatility measures Zencash Investment's fluctuations based on previous trends. It's commonly used to predict Zencash Investment's future behavior based on its past. However, it cannot conclusively determine the future direction of the otc stock.Implied Volatility
This type of volatility provides a positive outlook on future price fluctuations for Zencash Investment's current market price. This means that the otc will return to its initially predicted market price. This type of volatility can be derived from derivative instruments written on Zencash Investment'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. Zencash Investment Trust 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.
Zencash Investment Projected Return Density Against Market
Given the investment horizon of 90 days the otc stock has the beta coefficient of 1.094 . This usually indicates Zencash Investment Trust market returns are highly reactive to returns on the market. As the market goes up or down, Zencash Investment 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 Zencash Investment or Zencash 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 Zencash Investment's price will be affected by overall otc 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 Zencash otc'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.
Zencash Investment Trust has an alpha of 1.1564, implying that it can generate a 1.16 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Predicted Return Density |
| Returns |
What Drives a Zencash Investment Price Volatility?
Several factors can influence a otc'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.Zencash Investment OTC Stock Risk Measures
Given the investment horizon of 90 days the coefficient of variation of Zencash Investment is 821.11. The daily returns are distributed with a variance of 77.14 and standard deviation of 8.78. The mean deviation of Zencash Investment Trust is currently at 6.43. For similar time horizon, the selected benchmark (Dow Jones Industrial) has volatility of 0.72
α | Alpha over Dow Jones | 1.16 | |
β | Beta against Dow Jones | 1.09 | |
σ | Overall volatility | 8.78 | |
Ir | Information ratio | 0.13 |
Zencash Investment OTC Stock Return Volatility
Zencash Investment historical daily return volatility represents how much of Zencash Investment otc's daily returns swing around its mean - it is a statistical measure of its dispersion of returns. The firm inherits 8.7831% risk (volatility on return distribution) over the 90 days horizon. By contrast, Dow Jones Industrial accepts 0.7915% volatility on return distribution over the 90 days horizon. Performance |
| Timeline |
About Zencash Investment Volatility
Volatility is a rate at which the price of Zencash Investment 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 Zencash Investment may increase or decrease. In other words, similar to Zencash's beta indicator, it measures the risk of Zencash Investment and helps estimate the fluctuations that may happen in a short period of time. So if prices of Zencash Investment 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.3 ways to utilize Zencash Investment's volatility to invest better
Higher Zencash Investment's stock volatility means that the price of its stock is changing rapidly and unpredictably, while lower stock volatility indicates that the price of Zencash Investment Trust 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. Zencash Investment Trust 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 Zencash Investment Trust investment. A higher volatility means higher risk and potentially larger changes in value.
- Identifying Opportunities: High volatility in Zencash Investment'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 Zencash Investment's stock relates to your other investments can help you create a well-diversified portfolio of assets with varying levels of risk.
Zencash Investment Investment Opportunity
Zencash Investment Trust has a volatility of 8.78 and is 11.11 times more volatile than Dow Jones Industrial. 78 percent of all equities and portfolios are less risky than Zencash Investment. You can use Zencash Investment Trust to protect your portfolios against small market fluctuations. The otc stock experiences a very speculative downward sentiment. The market maybe over-reacting. Check odds of Zencash Investment to be traded at $5.43 in 90 days.Significant diversification
The correlation between Zencash Investment Trust and DJI is 0.09 (i.e., Significant diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Zencash Investment Trust and DJI in the same portfolio, assuming nothing else is changed.
Zencash Investment Additional Risk Indicators
The analysis of Zencash Investment'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 Zencash Investment's investment and either accepting that risk or mitigating it. Along with some common measures of Zencash Investment otc 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 | 0.112 | |||
| Market Risk Adjusted Performance | 1.12 | |||
| Mean Deviation | 6.41 | |||
| Semi Deviation | 5.56 | |||
| Downside Deviation | 6.0 | |||
| Coefficient Of Variation | 704.86 | |||
| Standard Deviation | 8.67 |
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential otc stocks, we recommend comparing similar otcs with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.
Zencash Investment 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 Zencash Investment 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. Zencash Investment'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, Zencash Investment'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 Zencash Investment Trust.
Other Information on Investing in Zencash OTC Stock
Zencash Investment financial ratios help investors to determine whether Zencash OTC Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Zencash with respect to the benefits of owning Zencash Investment security.