India Globalization Capital Stock Volatility
| IGC Stock | USD 0.46 0.01 2.22% |
India Globalization is abnormally volatile given 3 months investment horizon. India Globalization holds Efficiency (Sharpe) Ratio of 0.14, which attests that the entity had a 0.14% 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 1.04% are justified by taking the suggested risk. Use India Globalization Capital Market Risk Adjusted Performance of 3.82, risk adjusted performance of 0.0918, and Downside Deviation of 7.7 to evaluate company specific risk that cannot be diversified away. Key indicators related to India Globalization's volatility include:
540 Days Market Risk | Chance Of Distress | 540 Days Economic Sensitivity |
India Globalization 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 India daily returns, and it is calculated using variance and standard deviation. We also use India's beta, its sensitivity to the market, as well as its odds of financial distress to provide a more practical estimation of India Globalization volatility.
India |
Since volatility provides investors with entry points to take advantage of stock prices, companies, such as India Globalization 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 India Globalization at lower prices. For example, an investor can purchase India 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 India Globalization'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 India Stock
| 0.8 | FIP | FTAI Infrastructure Earnings Call This Week | PairCorr |
| 0.78 | GBX | Greenbrier Companies Financial Report 4th of July 2024 | PairCorr |
| 0.78 | FSTR | LB Foster Financial Report 14th of May 2024 | PairCorr |
Moving against India Stock
| 0.65 | CYD | China Yuchai Interna | PairCorr |
| 0.61 | FBYDW | Falcons Beyond Global | PairCorr |
| 0.53 | BBU | Brookfield Business Earnings Call Next Week | PairCorr |
| 0.47 | RUN | Sunrun Inc Financial Report 1st of May 2024 | PairCorr |
India Globalization Market Sensitivity And Downside Risk
India Globalization's beta coefficient measures the volatility of India 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 India stock's returns against your selected market. In other words, India Globalization's beta of 0.25 provides an investor with an approximation of how much risk India Globalization stock can potentially add to one of your existing portfolios. India Globalization Capital is displaying above-average volatility over the selected time horizon. India Globalization Capital is a potential penny stock. Although India Globalization may be in fact a good instrument to invest, many penny stocks are speculative in nature and are subject to artificial price hype. Please make sure you totally understand the upside potential and downside risk of investing in India Globalization Capital. We encourage investors to look for signals such as email spams, message board hypes, claims of breakthroughs, volume upswings, sudden news releases, promotions that are not reported, or demotions released before SEC filings. Please also check biographies and work history of current and past company officers before investing in high volatility instruments, penny stocks, or equities with microcap classification. You can indeed make money on India 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 India Globalization Demand TrendCheck current 90 days India Globalization correlation with market (NYSE Composite)India Beta |
India 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 | 7.36 |
It is essential to understand the difference between upside risk (as represented by India Globalization's standard deviation) and the downside risk, which can be measured by semi-deviation or downside deviation of India Globalization's daily returns or price. Since the actual investment returns on holding a position in india 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 India Globalization.
Using India Put Option to Manage Risk
Put options written on India Globalization grant holders of the option the right to sell a specified amount of India Globalization at a specified price within a specified time frame. The put buyer has a limited loss and, while not fully unlimited gains, as the price of India Stock cannot fall below zero, the put buyer does gain as the price drops. So, one way investors can hedge India Globalization's position is by buying a put option against it. The put option used this way is usually referred to as insurance. If an undesired outcome occurs and loss on holding India Globalization will be realized, the loss incurred will be offset by the profits made with the option trade.
India Globalization's PUT expiring on 2024-05-17
Profit |
| India Globalization Price At Expiration |
Current India Globalization Insurance Chain
| Delta | Gamma | Open Int | Expiration | Current Spread | Last Price | |||
Put | 2024-05-17 PUT at $2.5 | -0.6055 | 0.5401 | 6 | 2024-05-17 | 1.95 - 2.15 | 2.0 | View |
India Globalization Stock Volatility Analysis
Volatility refers to the frequency at which India Globalization stock price increases or decreases within a specified period. These fluctuations usually indicate the level of risk that's associated with India Globalization's price changes. Investors will then calculate the volatility of India Globalization'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 India Globalization's volatility:
Historical Volatility
This type of stock volatility measures India Globalization's fluctuations based on previous trends. It's commonly used to predict India Globalization'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 India Globalization'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 India Globalization'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. India Globalization 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.
India Globalization Projected Return Density Against Market
Considering the 90-day investment horizon India Globalization has a beta of 0.2534 . This usually indicates as returns on the market go up, India Globalization average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding India Globalization Capital will be expected to be much smaller as well.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 India Globalization or Trading Companies & Distributors 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 India Globalization'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 India 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.
India Globalization Capital has an alpha of 0.946, implying that it can generate a 0.95 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta). Predicted Return Density |
| Returns |
What Drives an India Globalization 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.India Globalization Stock Risk Measures
Considering the 90-day investment horizon the coefficient of variation of India Globalization is 708.04. The daily returns are distributed with a variance of 54.14 and standard deviation of 7.36. The mean deviation of India Globalization Capital is currently at 5.04. For similar time horizon, the selected benchmark (NYSE Composite) has volatility of 0.62
α | Alpha over NYSE Composite | 0.95 | |
β | Beta against NYSE Composite | 0.25 | |
σ | Overall volatility | 7.36 | |
Ir | Information ratio | 0.12 |
India Globalization Stock Return Volatility
India Globalization historical daily return volatility represents how much of India Globalization stock's daily returns swing around its mean - it is a statistical measure of its dispersion of returns. The firm has volatility of 7.3581% on return distribution over 90 days investment horizon. By contrast, NYSE Composite accepts 0.637% volatility on return distribution over the 90 days horizon. Performance |
| Timeline |
About India Globalization Volatility
Volatility is a rate at which the price of India Globalization 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 India Globalization may increase or decrease. In other words, similar to India's beta indicator, it measures the risk of India Globalization and helps estimate the fluctuations that may happen in a short period of time. So if prices of India Globalization 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.| Last Reported | Projected for Next Year | ||
| Market Cap | 16.1 M | 18.6 M |
India Globalization'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 India Stock over a specified period of time, often expressed as the standard deviation of daily returns. In other words, it measures how much India Globalization's price varies over time.
3 ways to utilize India Globalization's volatility to invest better
Higher India Globalization's stock volatility means that the price of its stock is changing rapidly and unpredictably, while lower stock volatility indicates that the price of India Globalization 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. India Globalization 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 India Globalization investment. A higher volatility means higher risk and potentially larger changes in value.
- Identifying Opportunities: High volatility in India Globalization'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 India Globalization's stock relates to your other investments can help you create a well-diversified portfolio of assets with varying levels of risk.
India Globalization Investment Opportunity
India Globalization Capital has a volatility of 7.36 and is 11.5 times more volatile than NYSE Composite. 65 percent of all equities and portfolios are less risky than India Globalization. You can use India Globalization Capital to enhance the returns of your portfolios. The stock experiences an unexpected upward trend. Watch out for market signals. Check odds of India Globalization to be traded at $0.552 in 90 days.Significant diversification
The correlation between India Globalization Capital and NYA is 0.02 (i.e., Significant diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding India Globalization Capital and NYA in the same portfolio, assuming nothing else is changed.
India Globalization Additional Risk Indicators
The analysis of India Globalization'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 India Globalization's investment and either accepting that risk or mitigating it. Along with some common measures of India Globalization 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 | 0.0918 | |||
| Market Risk Adjusted Performance | 3.82 | |||
| Mean Deviation | 4.97 | |||
| Semi Deviation | 4.96 | |||
| Downside Deviation | 7.7 | |||
| Coefficient Of Variation | 745.18 | |||
| Standard Deviation | 7.27 |
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.
India Globalization 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 India Globalization 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. India Globalization'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, India Globalization'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 India Globalization Capital.
When determining whether India Globalization offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of India Globalization's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of India Globalization Capital Stock. Outlined below are crucial reports that will aid in making a well-informed decision on India Globalization Capital Stock: Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in India Globalization Capital. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in price. Note that the India Globalization information on this page should be used as a complementary analysis to other India Globalization's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Portfolio Rebalancing module to analyze risk-adjusted returns against different time horizons to find asset-allocation targets.
Complementary Tools for India Stock analysis
When running India Globalization's price analysis, check to measure India Globalization'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 India Globalization is operating at the current time. Most of India Globalization's value examination focuses on studying past and present price action to predict the probability of India Globalization's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move India Globalization's price. Additionally, you may evaluate how the addition of India Globalization to your portfolios can decrease your overall portfolio volatility.
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Is India Globalization's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of India Globalization. If investors know India will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about India Globalization listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.26) | Revenue Per Share 0.022 | Quarterly Revenue Growth (0.39) | Return On Assets (0.44) | Return On Equity (1.03) |
The market value of India Globalization is measured differently than its book value, which is the value of India that is recorded on the company's balance sheet. Investors also form their own opinion of India Globalization's value that differs from its market value or its book value, called intrinsic value, which is India Globalization's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because India Globalization's market value can be influenced by many factors that don't directly affect India Globalization's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between India Globalization's value and its price as these two are different measures arrived at by different means. Investors typically determine if India Globalization is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, India Globalization's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.