GTNTEX Volatility

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Our philosophy in determining the volatility of a stock is to use all available market data together with stock specific technical indicators that cannot be diversified away. We have found twenty-one technical indicators for GTN TEXTILES, which you can use to evaluate future volatility of the firm. Please check out GTN TEXTILES to validate if the risk estimate we provide is consistent with the expected return of 0.0%.

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GTN TEXTILES 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 GTNTEX daily returns, and it is calculated using variance and standard deviation. We also use GTNTEX's beta, its sensitivity to the market, as well as its odds of financial distress to provide a more practical estimation of GTN TEXTILES volatility.

GTN TEXTILES Volatility Analysis

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GTN TEXTILES Projected Return Density Against Market

Assuming the 30-days trading horizon, GTN TEXTILES has a beta that is very close to zero . This usually indicates the returns on DOW and GTN TEXTILES do not appear to be sensitive. Furthermore, 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 GTN TEXTILES or Consumer Cyclical 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 GTN TEXTILES stock'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 GTNTEX 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. It does not look like the company alpha can have any bearing on the equity current valuation.

GTN TEXTILES Risk Measures

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 GTN TEXTILES or Consumer Cyclical 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 GTN TEXTILES stock'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 GTNTEX 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. Assuming the 30-days trading horizon, the coefficient of variation of GTN TEXTILES is 0.0. The daily returns are distributed with a variance of 0.0 and standard deviation of 0.0. The mean deviation of GTN TEXTILES is currently at 0.0. For similar time horizon, the selected benchmark (DOW) has volatility of 1.8
α
Alpha over DOW
=0.00
β
Beta against DOW=0.00
σ
Overall volatility
=0.00
Ir
Information ratio =0.00

GTN TEXTILES Return Volatility

GTN TEXTILES historical daily return volatility represents how much GTN TEXTILES stock's price daily returns swing around its mean daily price change - it is a statistical measure of its dispersion of returns. The company accepts 0.0% volatility on return distribution over the 30 days horizon. By contrast, DOW inherits 1.7704% risk (volatility on return distribution) over the 30 days horizon.
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GTN TEXTILES Investment Opportunity

DOW has a standard deviation of returns of 1.77 and is 9.223372036854776E16 times more volatile than GTN TEXTILES. of all equities and portfolios are less risky than GTN TEXTILES. Compared to the overall equity markets, volatility of historical daily returns of GTN TEXTILES is lower than 0 () of all global equities and portfolios over the last 30 days.

GTN TEXTILES Additional Risk Indicators

The analysis of various secondary risk indicators of GTN TEXTILES is one of the essential steps in making a buy or sell decision. The process involves identifying the amount of risk involved in GTN TEXTILES investment, and either accepting that risk or mitigating it. Along with some common measures of GTN TEXTILES stock 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 your existing portfolio. Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential stock investments, we recommend comparing the like to determine which investment holds the most risk.
Coefficient Of Variation0.0
Maximum Drawdown0.0
Potential Upside0.0
Skewness0.0
Kurtosis0.0

GTN TEXTILES 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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Check out Risk vs Return Analysis. Please also try Price Exposure Probability module to analyze equity upside and downside potential for a given time horizon across multiple markets.
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