Americann Stock Volatility
| ACAN Stock | USD 0.06 0.01 10.29% |
Americann appears to be out of control, given 3 months investment horizon. Americann secures Sharpe Ratio (or Efficiency) of 0.0511, which signifies that the company had a 0.0511% return per unit of standard deviation over the last 3 months. By analyzing Americann's technical indicators, you can evaluate if the expected return of 0.8% is justified by implied risk. Please makes use of Americann's risk adjusted performance of 0.025, and Mean Deviation of 11.56 to double-check if our risk estimates are consistent with your expectations. Key indicators related to Americann's volatility include:
30 Days Market Risk | Chance Of Distress | 30 Days Economic Sensitivity |
Americann 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 Americann daily returns, and it is calculated using variance and standard deviation. We also use Americann's beta, its sensitivity to the market, as well as its odds of financial distress to provide a more practical estimation of Americann volatility.
Americann |
Since volatility provides investors with entry points to take advantage of stock prices, companies, such as Americann 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 Americann at lower prices. For example, an investor can purchase Americann 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 Americann'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 against Americann OTC Stock
| 0.69 | DIS | Walt Disney Report 8th of May 2024 | PairCorr |
| 0.64 | TRV | The Travelers Companies Financial Report 18th of July 2024 | PairCorr |
| 0.6 | CVX | Chevron Corp Earnings Call This Week | PairCorr |
| 0.59 | CAT | Caterpillar Earnings Call This Week | PairCorr |
| 0.57 | JPM | JPMorgan Chase Financial Report 12th of July 2024 | PairCorr |
| 0.55 | MSFT | Microsoft Earnings Call This Week | PairCorr |
| 0.54 | GE | GE Aerospace Earnings Call This Week | PairCorr |
| 0.53 | IBM | International Business Earnings Call This Week | PairCorr |
| 0.49 | XOM | Exxon Mobil Corp Earnings Call This Week | PairCorr |
Americann Market Sensitivity And Downside Risk
Americann's beta coefficient measures the volatility of Americann 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 Americann otc stock's returns against your selected market. In other words, Americann's beta of -3.39 provides an investor with an approximation of how much risk Americann otc stock can potentially add to one of your existing portfolios. Americann is showing large volatility of returns over the selected time horizon. Americann is a penny stock. Although Americann may be in fact a good investment, many penny otc stocks are subject to artificial price hype. Make sure you completely understand the upside potential and downside risk of investing in Americann. 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 Americann instrument if you perfectly time your entry and exit. However, remember that penny otcs 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 Americann Demand TrendCheck current 90 days Americann correlation with market (NYSE Composite)Americann Beta |
Americann 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 | 15.57 |
It is essential to understand the difference between upside risk (as represented by Americann's standard deviation) and the downside risk, which can be measured by semi-deviation or downside deviation of Americann's daily returns or price. Since the actual investment returns on holding a position in americann 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 Americann.
Americann OTC Stock Volatility Analysis
Volatility refers to the frequency at which Americann otc price increases or decreases within a specified period. These fluctuations usually indicate the level of risk that's associated with Americann's price changes. Investors will then calculate the volatility of Americann'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 Americann's volatility:
Historical Volatility
This type of otc volatility measures Americann's fluctuations based on previous trends. It's commonly used to predict Americann'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 Americann'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 Americann'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. Americann 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.
Americann Projected Return Density Against Market
Given the investment horizon of 90 days Americann has a beta of -3.3947 . This suggests as returns on its benchmark rise, returns on holding Americann are expected to decrease by similarly larger amounts. On the other hand, during market turmoils, Americann 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 Americann or Professional Services 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 Americann'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 Americann 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.
Americann has an alpha of 0.5828, implying that it can generate a 0.58 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta). Predicted Return Density |
| Returns |
What Drives an Americann 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.Americann OTC Stock Risk Measures
Given the investment horizon of 90 days the coefficient of variation of Americann is 1955.36. The daily returns are distributed with a variance of 242.54 and standard deviation of 15.57. The mean deviation of Americann is currently at 11.46. For similar time horizon, the selected benchmark (NYSE Composite) has volatility of 0.62
α | Alpha over NYSE Composite | 0.58 | |
β | Beta against NYSE Composite | -3.39 | |
σ | Overall volatility | 15.57 | |
Ir | Information ratio | 0.02 |
Americann OTC Stock Return Volatility
Americann historical daily return volatility represents how much of Americann otc's daily returns swing around its mean - it is a statistical measure of its dispersion of returns. The firm inherits 15.5736% risk (volatility on return distribution) over the 90 days horizon. By contrast, NYSE Composite accepts 0.6214% volatility on return distribution over the 90 days horizon. Performance |
| Timeline |
About Americann Volatility
Volatility is a rate at which the price of Americann 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 Americann may increase or decrease. In other words, similar to Americann's beta indicator, it measures the risk of Americann and helps estimate the fluctuations that may happen in a short period of time. So if prices of Americann 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.AmeriCann, Inc. operates as a specialized cannabis company in the United States. The company was incorporated in 2010 and is based in Denver, Colorado. Americann operates under Real Estate Services classification in the United States and is traded on OTC Exchange. It employs 3 people.
Americann'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 Americann OTC Stock over a specified period of time, often expressed as the standard deviation of daily returns. In other words, it measures how much Americann's price varies over time.
3 ways to utilize Americann's volatility to invest better
Higher Americann's stock volatility means that the price of its stock is changing rapidly and unpredictably, while lower stock volatility indicates that the price of Americann 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. Americann 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 Americann investment. A higher volatility means higher risk and potentially larger changes in value.
- Identifying Opportunities: High volatility in Americann'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 Americann's stock relates to your other investments can help you create a well-diversified portfolio of assets with varying levels of risk.
Americann Investment Opportunity
Americann has a volatility of 15.57 and is 25.11 times more volatile than NYSE Composite. 96 percent of all equities and portfolios are less risky than Americann. You can use Americann 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 Americann to be traded at $0.058 in 90 days.Good diversification
The correlation between Americann and NYA is -0.13 (i.e., Good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Americann and NYA in the same portfolio, assuming nothing else is changed.
Americann Additional Risk Indicators
The analysis of Americann'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 Americann's investment and either accepting that risk or mitigating it. Along with some common measures of Americann 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 | 0.025 | |||
| Market Risk Adjusted Performance | (0.10) | |||
| Mean Deviation | 11.56 | |||
| Semi Deviation | 13.91 | |||
| Downside Deviation | 17.05 | |||
| Coefficient Of Variation | 4017.24 | |||
| Standard Deviation | 15.82 |
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.
Americann 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.
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| Salesforce vs. Americann | ||
| Microsoft vs. Americann | ||
| Dupont De vs. Americann | ||
| Walker Dunlop vs. Americann | ||
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 Americann 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. Americann'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, Americann'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 Americann.
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Americann. Also, note that the market value of any otc stock could be tightly coupled with the direction of predictive economic indicators such as signals in nation. Note that the Americann information on this page should be used as a complementary analysis to other Americann'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 Companies Directory module to evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals.
Complementary Tools for Americann OTC Stock analysis
When running Americann's price analysis, check to measure Americann'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 Americann is operating at the current time. Most of Americann's value examination focuses on studying past and present price action to predict the probability of Americann's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Americann's price. Additionally, you may evaluate how the addition of Americann to your portfolios can decrease your overall portfolio volatility.
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