Hammer OTC Stock Volatility

HMRRF
 Stock
  

USD 0.041  0.00  0.00%   

Our standpoint towards 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 Hammer Metal, which you can use to evaluate the future volatility of the firm. Please check out Hammer Metal risk adjusted performance of (0.09), and Market Risk Adjusted Performance of (0.99) to validate if the risk estimate we provide is consistent with the expected return of 0.0%.
  
Hammer Metal 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 Hammer daily returns, and it is calculated using variance and standard deviation. We also use Hammer's beta, its sensitivity to the market, as well as its odds of financial distress to provide a more practical estimation of Hammer Metal volatility.

300 Days Market Risk

Very steady

Chance of Distress

Below Average

300 Days Economic Sensitivity

Slowly supersedes the market
Since volatility provides investors with entry points to take advantage of stock prices, companies, such as Hammer Metal 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 Hammer Metal at lower prices. For example, an investor can purchase Hammer 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 Hammer Metal'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.

Hammer Metal Market Sensitivity And Downside Risk

Hammer Metal's beta coefficient measures the volatility of Hammer 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 Hammer otc stock's returns against your selected market. In other words, Hammer Metal's beta of 0.45 provides an investor with an approximation of how much risk Hammer Metal otc stock can potentially add to one of your existing portfolios.
Hammer Metal exhibits very low volatility with skewness of -6.91 and kurtosis of 55.56. However, we advise investors to further study Hammer Metal technical indicators to ensure that all market info is available and is reliable. Hammer Metal is a penny stock. Although Hammer Metal 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 Hammer Metal. 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 Hammer 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 Hammer Metal Demand Trend
Check current 90 days Hammer Metal correlation with market (DOW)

Hammer Beta

    
  0.45  
Hammer 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

    
  0.0  
It is essential to understand the difference between upside risk (as represented by Hammer Metal's standard deviation) and the downside risk, which can be measured by semi-deviation or downside deviation of Hammer Metal's daily returns or price. Since the actual investment returns on holding a position in hammer 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 Hammer Metal.

Hammer Metal OTC Stock Volatility Analysis

Volatility refers to the frequency at which Hammer Metal otc price increases or decreases within a specified period. These fluctuations usually indicate the level of risk that's associated with Hammer Metal's price changes. Investors will then calculate the volatility of Hammer Metal'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 Hammer Metal's volatility:

Historical Volatility

This type of otc volatility measures Hammer Metal's fluctuations based on previous trends. It's commonly used to predict Hammer Metal'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 Hammer Metal'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 Hammer Metal's to be redeemed at a future date.
Transformation
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Hammer Metal Projected Return Density Against Market

Assuming the 90 days horizon Hammer Metal has a beta of 0.4464 . This usually indicates as returns on the market go up, Hammer Metal average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Hammer Metal 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 Hammer Metal or Hammer Metal 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 Hammer Metal'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 Hammer 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.
The company has a negative alpha, implying that the risk taken by holding this instrument is not justified. Hammer Metal is significantly underperforming DOW.
   Predicted Return Density   
       Returns  
Hammer Metal's volatility is measured either by using standard deviation or beta. Standard deviation will reflect the average amount of how hammer otc stock's price will differ from the mean after some time.To get its calculation, you should first determine the mean price during the specified period then subtract that from each price point.

What Drives a Hammer Metal Price Volatility?

Several factors can influence a OTC's stock 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.

Hammer Metal OTC Stock Return Volatility

Hammer Metal historical daily return volatility represents how much of Hammer Metal otc's daily returns swing around its mean - it is a statistical measure of its dispersion of returns. The firm shows 0.0% volatility of returns over 90 . By contrast, DOW inherits 1.263% risk (volatility on return distribution) over the 90 days horizon.
 Performance (%) 
       Timeline  

About Hammer Metal Volatility

Volatility is a rate at which the price of Hammer Metal 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 Hammer Metal may increase or decrease. In other words, similar to Hammer's beta indicator, it measures the risk of Hammer Metal and helps estimate the fluctuations that may happen in a short period of time. So if prices of Hammer Metal 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.
Hammer Metals Limited engages in the exploration and extraction of mineral resources in Australia. Hammer Metals Limited was incorporated in 2000 and is based in West Perth, Australia. Hammer Metal is traded on OTC Exchange in the United States.

Hammer Metal Investment Opportunity

DOW has a standard deviation of returns of 1.26 and is 9.223372036854776E16 times more volatile than Hammer Metal. of all equities and portfolios are less risky than Hammer Metal. Compared to the overall equity markets, volatility of historical daily returns of Hammer Metal is lower than 0 () of all global equities and portfolios over the last 90 days. Use Hammer Metal to protect your portfolios against small market fluctuations. Benchmarks are essential to demonstrate the utility of optimization algorithms. The otc stock experiences a normal downward fluctuation but is a risky buy. Check odds of Hammer Metal to be traded at $0.0406 in 90 days.

Average diversification

The correlation between Hammer Metal and DJI is 0.1 (i.e., Average diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Hammer Metal and DJI in the same portfolio, assuming nothing else is changed.

Hammer Metal Additional Risk Indicators

The analysis of Hammer Metal'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 Hammer Metal's investment and either accepting that risk or mitigating it. Along with some common measures of Hammer Metal 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.
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.

Hammer Metal 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 Hammer Metal 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. Hammer Metal'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, Hammer Metal'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 Hammer Metal.
Please check Risk vs Return Analysis. You can also try Options Analysis module to analyze and evaluate options and option chains as a potential hedge for your portfolios.

Complementary Tools for analysis

When running Hammer Metal price analysis, check to measure Hammer Metal'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 Hammer Metal is operating at the current time. Most of Hammer Metal's value examination focuses on studying past and present price action to predict the probability of Hammer Metal's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Hammer Metal's price. Additionally, you may evaluate how the addition of Hammer Metal to your portfolios can decrease your overall portfolio volatility.
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Is Hammer Metal'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 Hammer Metal. If investors know Hammer 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 Hammer Metal listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Hammer Metal is measured differently than its book value, which is the value of Hammer that is recorded on the company's balance sheet. Investors also form their own opinion of Hammer Metal's value that differs from its market value or its book value, called intrinsic value, which is Hammer Metal'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 Hammer Metal's market value can be influenced by many factors that don't directly affect Hammer Metal'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 Hammer Metal's value and its price as these two are different measures arrived at by different means. Investors typically determine Hammer Metal value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Hammer Metal'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.