Minebeamitsumi Stock Volatility
| MNBEF Stock | USD 17.62 0.00 0.00% |
MinebeaMitsumi has Sharpe Ratio of -0.44, which conveys that the firm had a -0.44% return per unit of risk over the last 3 months. MinebeaMitsumi exposes twenty-five different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify MinebeaMitsumi's Mean Deviation of 0.5272, risk adjusted performance of 0.0214, and Downside Deviation of 3.13 to check out the risk estimate we provide. Key indicators related to MinebeaMitsumi's volatility include:
30 Days Market Risk | Chance Of Distress | 30 Days Economic Sensitivity |
MinebeaMitsumi Pink Sheet 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 MinebeaMitsumi daily returns, and it is calculated using variance and standard deviation. We also use MinebeaMitsumi's beta, its sensitivity to the market, as well as its odds of financial distress to provide a more practical estimation of MinebeaMitsumi volatility.
MinebeaMitsumi |
Since volatility provides investors with entry points to take advantage of stock prices, companies, such as MinebeaMitsumi 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 MinebeaMitsumi at lower prices. For example, an investor can purchase MinebeaMitsumi 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 MinebeaMitsumi'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 MinebeaMitsumi Pink Sheet
| 0.83 | APH | Amphenol Financial Report 24th of July 2024 | PairCorr |
| 0.63 | HNHPF | Hon Hai Precision | PairCorr |
| 0.64 | GLW | Corning Incorporated Earnings Call This Week | PairCorr |
Moving against MinebeaMitsumi Pink Sheet
MinebeaMitsumi Market Sensitivity And Downside Risk
MinebeaMitsumi's beta coefficient measures the volatility of MinebeaMitsumi pink sheet 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 MinebeaMitsumi pink sheet's returns against your selected market. In other words, MinebeaMitsumi's beta of -0.14 provides an investor with an approximation of how much risk MinebeaMitsumi pink sheet can potentially add to one of your existing portfolios. MinebeaMitsumi shows above-average downside volatility for the selected time horizon. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure MinebeaMitsumi's pink sheet risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact MinebeaMitsumi's pink sheet 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 MinebeaMitsumi Demand TrendCheck current 90 days MinebeaMitsumi correlation with market (NYSE Composite)MinebeaMitsumi Beta |
MinebeaMitsumi 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 | 1.84 |
It is essential to understand the difference between upside risk (as represented by MinebeaMitsumi's standard deviation) and the downside risk, which can be measured by semi-deviation or downside deviation of MinebeaMitsumi's daily returns or price. Since the actual investment returns on holding a position in minebeamitsumi pink sheet 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 MinebeaMitsumi.
MinebeaMitsumi Pink Sheet Volatility Analysis
Volatility refers to the frequency at which MinebeaMitsumi pink sheet price increases or decreases within a specified period. These fluctuations usually indicate the level of risk that's associated with MinebeaMitsumi's price changes. Investors will then calculate the volatility of MinebeaMitsumi's pink sheet to predict their future moves. A pink sheet that has erratic price changes quickly hits new highs, and lows are considered highly volatile. A pink sheet with relatively stable price changes has low volatility. A highly volatile pink sheet 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 MinebeaMitsumi's volatility:
Historical Volatility
This type of pink sheet volatility measures MinebeaMitsumi's fluctuations based on previous trends. It's commonly used to predict MinebeaMitsumi's future behavior based on its past. However, it cannot conclusively determine the future direction of the pink sheet.Implied Volatility
This type of volatility provides a positive outlook on future price fluctuations for MinebeaMitsumi's current market price. This means that the pink sheet will return to its initially predicted market price. This type of volatility can be derived from derivative instruments written on MinebeaMitsumi's to be redeemed at a future date.Transformation |
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MinebeaMitsumi Projected Return Density Against Market
Assuming the 90 days horizon MinebeaMitsumi has a beta of -0.1358 . This indicates as returns on the benchmark increase, returns on holding MinebeaMitsumi are expected to decrease at a much lower rate. During a bear market, however, MinebeaMitsumi is likely to outperform the market.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 MinebeaMitsumi or Technology 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 MinebeaMitsumi's price will be affected by overall pink sheet 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 MinebeaMitsumi pink sheet'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.
MinebeaMitsumi has an alpha of 0.0411, implying that it can generate a 0.0411 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta). Predicted Return Density |
| Returns |
What Drives a MinebeaMitsumi Price Volatility?
Several factors can influence a pink sheet'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.MinebeaMitsumi Pink Sheet Risk Measures
Assuming the 90 days horizon the coefficient of variation of MinebeaMitsumi is -225.12. The daily returns are distributed with a variance of 3.39 and standard deviation of 1.84. The mean deviation of MinebeaMitsumi is currently at 1.17. For similar time horizon, the selected benchmark (NYSE Composite) has volatility of 0.62
α | Alpha over NYSE Composite | 0.04 | |
β | Beta against NYSE Composite | -0.14 | |
σ | Overall volatility | 1.84 | |
Ir | Information ratio | -0.03 |
MinebeaMitsumi Pink Sheet Return Volatility
MinebeaMitsumi historical daily return volatility represents how much of MinebeaMitsumi pink sheet's daily returns swing around its mean - it is a statistical measure of its dispersion of returns. The company shows 1.8417% volatility of returns over 90 . By contrast, NYSE Composite accepts 0.6372% volatility on return distribution over the 90 days horizon. Performance |
| Timeline |
About MinebeaMitsumi Volatility
Volatility is a rate at which the price of MinebeaMitsumi 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 MinebeaMitsumi may increase or decrease. In other words, similar to MinebeaMitsumi's beta indicator, it measures the risk of MinebeaMitsumi and helps estimate the fluctuations that may happen in a short period of time. So if prices of MinebeaMitsumi 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.MinebeaMitsumi Inc. manufactures and supplies machined components, and electronic devices and components in Japan, Europe, the United States, Asia, and internationally. MinebeaMitsumi Inc. was incorporated in 1951 and is headquartered in Tokyo, Japan. Minebea Mitsumi operates under Electronic Components classification in the United States and is traded on OTC Exchange. It employs 81659 people.
MinebeaMitsumi'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 MinebeaMitsumi Pink Sheet over a specified period of time, often expressed as the standard deviation of daily returns. In other words, it measures how much MinebeaMitsumi's price varies over time.
3 ways to utilize MinebeaMitsumi's volatility to invest better
Higher MinebeaMitsumi's stock volatility means that the price of its stock is changing rapidly and unpredictably, while lower stock volatility indicates that the price of MinebeaMitsumi 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. MinebeaMitsumi 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 MinebeaMitsumi investment. A higher volatility means higher risk and potentially larger changes in value.
- Identifying Opportunities: High volatility in MinebeaMitsumi'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 MinebeaMitsumi's stock relates to your other investments can help you create a well-diversified portfolio of assets with varying levels of risk.
MinebeaMitsumi Investment Opportunity
MinebeaMitsumi has a volatility of 1.84 and is 2.88 times more volatile than NYSE Composite. Compared to the overall equity markets, volatility of historical daily returns of MinebeaMitsumi is lower than 16 percent of all global equities and portfolios over the last 90 days. You can use MinebeaMitsumi to protect your portfolios against small market fluctuations. The pink sheet experiences a normal downward fluctuation but is a risky buy. Check odds of MinebeaMitsumi to be traded at $17.44 in 90 days.Good diversification
The correlation between MinebeaMitsumi and NYA is -0.05 (i.e., Good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding MinebeaMitsumi and NYA in the same portfolio, assuming nothing else is changed.
MinebeaMitsumi Additional Risk Indicators
The analysis of MinebeaMitsumi'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 MinebeaMitsumi's investment and either accepting that risk or mitigating it. Along with some common measures of MinebeaMitsumi pink sheet'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 | 0.0214 | |||
| Market Risk Adjusted Performance | (0.21) | |||
| Mean Deviation | 0.5272 | |||
| Semi Deviation | 0.9611 | |||
| Downside Deviation | 3.13 | |||
| Coefficient Of Variation | 4081.38 | |||
| Standard Deviation | 1.61 |
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential pink sheets, we recommend comparing similar pink sheets with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.
MinebeaMitsumi 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 MinebeaMitsumi 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. MinebeaMitsumi'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, MinebeaMitsumi'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 MinebeaMitsumi.
Check out Correlation Analysis to better understand how to build diversified portfolios. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in income. Note that the MinebeaMitsumi information on this page should be used as a complementary analysis to other MinebeaMitsumi'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 Comparator module to compare the composition, asset allocations and performance of any two portfolios in your account.
Complementary Tools for MinebeaMitsumi Pink Sheet analysis
When running MinebeaMitsumi's price analysis, check to measure MinebeaMitsumi'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 MinebeaMitsumi is operating at the current time. Most of MinebeaMitsumi's value examination focuses on studying past and present price action to predict the probability of MinebeaMitsumi's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move MinebeaMitsumi's price. Additionally, you may evaluate how the addition of MinebeaMitsumi to your portfolios can decrease your overall portfolio volatility.
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