China OTC Stock Volatility

CHFHY -  USA Stock  

USD 6.37  0.00  0.00%

China Foods secures Sharpe Ratio (or Efficiency) of -0.15, which signifies that the company had -0.15% of return per unit of risk over the last 3 months. Macroaxis standpoint towards foreseeing the risk of any stock is to look at both systematic and unsystematic factors of the business, including all available market data and technical indicators. China Foods exposes twenty-one different technical indicators, which can help you to evaluate volatility that cannot be diversified away. Please be advised to confirm China Foods mean deviation of 0.6915, and Risk Adjusted Performance of (0.09) to double-check the risk estimate we provide.

China Volatility 

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

60 Days Market Risk

Slightly risky

Chance of Distress

Below Average

60 Days Economic Sensitivity

Moves indifferently to market moves

China Foods Market Sensitivity And Downside Risk

China Foods' beta coefficient measures the volatility of China otc stock compared to the systematic risk of the entire stock 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 China otc stock's returns against your selected market. In other words, China Foods's beta of -0.13 provides an investor with an approximation of how much risk China Foods otc stock can potentially add to one of your existing portfolios.
Let's try to break down what China's beta means in this case. As returns on the market increase, returns on owning China Foods are expected to decrease at a much lower rate. During the bear market, China Foods is likely to outperform the market.
3 Months Beta |Analyze China Foods Demand Trend
Check current 90 days China Foods correlation with market (DOW)

China Beta

    
  -0.13  
China standard deviation measures the daily dispersion of prices over your selected time horizon relative to its mean. Typical volatile equity 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

    
  2.53  
It is essential to understand the difference between upside risk (as represented by China Foods's standard deviation) and the downside risk, which can be measured by semi-deviation or downside deviation of China Foods stock's daily returns or price. Since the actual investment returns on holding a position in China Foods 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 China Foods.

China Foods OTC Stock Volatility Analysis

Transformation
The output start index for this execution was zero with a total number of output elements of sixty-one. China Foods 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. View also all equity analysis or get more info about average price price transform indicator.

China Foods Projected Return Density Against Market

Assuming the 90 days horizon China Foods has a beta of -0.1294 suggesting as returns on benchmark increase, returns on holding China Foods are expected to decrease at a much lower rate. During the bear market, however, China Foods 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 China Foods or Consumer Defensive 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 China Foods 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 China 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.
The company has a negative alpha, implying that the risk taken by holding this instrument is not justified. China Foods is significantly underperforming DOW.
 Predicted Return Density 
      Returns 

China Foods OTC Stock 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 China Foods or Consumer Defensive 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 China Foods 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 China 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 90 days horizon the coefficient of variation of China Foods is -676.4. The daily returns are distributed with a variance of 6.38 and standard deviation of 2.53. The mean deviation of China Foods is currently at 0.72. For similar time horizon, the selected benchmark (DOW) has volatility of 0.71
α
Alpha over DOW
-0.36
β
Beta against DOW-0.13
σ
Overall volatility
2.53
Ir
Information ratio -0.16

China Foods OTC Stock Return Volatility

China Foods historical daily return volatility represents how much China Foods stock's price daily returns swing around its mean daily price change - it is a statistical measure of its dispersion of returns. The company shows 2.5267% volatility of returns over 90 . By contrast, DOW inherits 0.7131% risk (volatility on return distribution) over the 90 days horizon.
 Performance (%) 
      Timeline 

About China Foods Volatility

Volatility is a rate at which the price of China Foods 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 China Foods may increase or decrease. In other words, similar to China's beta indicator, it measures the risk of China Foods and helps estimate the fluctuations that may happen in a short period of time. So if prices of China Foods 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.
China Foods Limited, an investment holding company, manufactures, distributes, markets, and sells Coca-Cola series products in the Peoples Republic of China. China Foods Limited is a subsidiary of China Foods Limited. China Foods operates under BeveragesNon-Alcoholic classification in the United States and is traded on OTC Exchange. It employs 19076 people.

China Foods Investment Opportunity

China Foods has a volatility of 2.53 and is 3.56 times more volatile than DOW. 21  of all equities and portfolios are less risky than China Foods. Compared to the overall equity markets, volatility of historical daily returns of China Foods is lower than 21 () of all global equities and portfolios over the last 90 days. Use China Foods to protect your portfolios against small market fluctuations. The otc stock experiences a normal downward fluctuation but is a risky buy. Check odds of China Foods to be traded at $6.31 in 90 days. . Let's try to break down what China's beta means in this case. As returns on the market increase, returns on owning China Foods are expected to decrease at a much lower rate. During the bear market, China Foods is likely to outperform the market.

Good diversification

The correlation between China Foods and DJI is Good diversification for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding China Foods and DJI in the same portfolio assuming nothing else is changed.

China Foods Additional Risk Indicators

The analysis of China Foods' 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 China Foods' investment and either accepting that risk or mitigating it. Along with some common measures of China Foods 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 the risk of your existing portfolios.
Risk Adjusted Performance(0.09)
Market Risk Adjusted Performance2.84
Mean Deviation0.6915
Coefficient Of Variation(692.41)
Standard Deviation2.47
Variance6.1
Information Ratio(0.16)
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 similar equities with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.

China Foods 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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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 China Foods 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. China Foods' 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, China Foods' 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 China Foods.
Continue to Trending Equities. Note that the China Foods information on this page should be used as a complementary analysis to other China Foods' 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 Companies Directory module to evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals.

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When running China Foods price analysis, check to measure China Foods' 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 China Foods is operating at the current time. Most of China Foods' value examination focuses on studying past and present price action to predict the probability of China Foods' future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move China Foods' price. Additionally, you may evaluate how the addition of China Foods to your portfolios can decrease your overall portfolio volatility.
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The market value of China Foods is measured differently than its book value, which is the value of China that is recorded on the company's balance sheet. Investors also form their own opinion of China Foods' value that differs from its market value or its book value, called intrinsic value, which is China Foods' 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 China Foods' market value can be influenced by many factors that don't directly affect China Foods underlying business (such as pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between China Foods' value and its price as these two are different measures arrived at by different means. Investors typically determine China Foods value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, China Foods' 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.