BIOTRICITY INC Risk Analysis And Volatility

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BTCY -- USA Stock  

USD 0.68  0.0001  0.0147%

Macroaxis considers BIOTRICITY INC out of control given 3 months investment horizon. BIOTRICITY INC secures Sharpe Ratio (or Efficiency) of 0.0849 which signifies that the organization had 0.0849% of return per unit of risk over the last 3 months. Our philosophy towards foreseeing volatility of a stock is to use all available market data together with stock specific technical indicators that cannot be diversified away. By reviewing BIOTRICITY INC technical indicators you can today evaluate if the expected return of 0.7444% is justified by implied risk. Please makes use of BIOTRICITY INC Mean Deviation of 5.24 and Risk Adjusted Performance of 0.0509 to double-check if our risk estimates are consistent with your expectations.

90 Days Market Risk

Out of control

Chance of Distress

Average

90 Days Economic Sensitivity

Hyperactively responds to market trends
Horizon     30 Days    Login   to change

BIOTRICITY INC Market Sensitivity

As market goes up, the company is expected to significantly outperform it. However, if the market returns are negative, BIOTRICITY INC will likely underperform.
3 Months Beta |Analyze BIOTRICITY INC Demand Trend
Check current 30 days BIOTRICITY INC correlation with market (DOW)
β = 4.0068

BIOTRICITY INC Central Daily Price Deviation

BIOTRICITY INC Technical Analysis

Transformation
The output start index for this execution was zero with a total number of output elements of sixty-one. The Median Price line plots median indexes of BIOTRICITY INC price series. View also all equity analysis or get more info about median price price transform indicator.

BIOTRICITY INC Projected Return Density Against Market

Given the investment horizon of 30 days, the otc stock has beta coefficient of 4.0068 . This suggests as the benchmark fluctuates upward, the company is expected to outperform it on average . However, if the benchmark returns are expected to be negative, BIOTRICITY INC will likely underperform. Moreover, The company has an alpha of 0.3291 implying that it can potentially generate 0.3291% excess return over DOW after adjusting for the inherited market risk (beta).
 Predicted Return Density 
    
  Returns 
Given the investment horizon of 30 days, the coefficient of variation of BIOTRICITY INC is 1177.93. The daily returns are destributed with a variance of 76.89 and standard deviation of 8.77. The mean deviation of BIOTRICITY INC is currently at 5.29. For similar time horizon, the selected benchmark (DOW) has volatility of 0.48
α
Alpha over DOW
=0.33
β
Beta against DOW=4.01
σ
Overall volatility
=8.77
Ir
Information ratio =0.07

BIOTRICITY INC Return Volatility

the company inherits 8.7687% risk (volatility on return distribution) over the 30 days horizon. the entity inherits 0.4734% risk (volatility on return distribution) over the 30 days horizon.
 Performance (%) 
    
  Timeline 

BIOTRICITY INC Investment Opportunity

BIOTRICITY INC has a volatility of 8.77 and is 18.66 times more volatile than DOW. 78  of all equities and portfolios are less risky than BIOTRICITY INC. Compared to the overall equity markets, volatility of historical daily returns of BIOTRICITY INC is higher than 78 () of all global equities and portfolios over the last 30 days. Use BIOTRICITY INC to enhance returns of your portfolios. The otc stock experiences normal upward fluctuation. Check odds of BIOTRICITY INC to be traded at $0.714 in 30 days. . As market goes up, the company is expected to significantly outperform it. However, if the market returns are negative, BIOTRICITY INC will likely underperform.

BIOTRICITY INC correlation with market

correlation synergy
Modest diversification
Overlapping area represents the amount of risk that can be diversified away by holding BIOTRICITY INC and equity matching DJI index in the same portfolio.

BIOTRICITY INC Current Risk Indicators

BIOTRICITY INC Suggested Diversification Pairs

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