Intermetro OTC Stock Volatility

IMTO -  USA Stock  

USD 0.0005  0.00  0.00%

Intermetro Communs holds Efficiency (Sharpe) Ratio of -0.13, which attests that the entity had -0.13% of return per unit of risk over the last 3 months. Macroaxis standpoint towards determining 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. Intermetro Communs exposes twenty-one different technical indicators, which can help you to evaluate volatility that cannot be diversified away. Please be advised to check out Intermetro Communs market risk adjusted performance of 3.21, and Risk Adjusted Performance of (0.09) to validate the risk estimate we provide.

Intermetro Volatility 

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

60 Days Market Risk

Out of control

Chance of Distress

Significantly High

60 Days Economic Sensitivity

Almost neglects market trends

Intermetro Communs Market Sensitivity And Downside Risk

Intermetro Communs' beta coefficient measures the volatility of Intermetro 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 Intermetro otc stock's returns against your selected market. In other words, Intermetro Communs's beta of -0.47 provides an investor with an approximation of how much risk Intermetro Communs otc stock can potentially add to one of your existing portfolios.
Let's try to break down what Intermetro's beta means in this case. As returns on the market increase, returns on owning Intermetro Communs are expected to decrease at a much lower rate. During the bear market, Intermetro Communs is likely to outperform the market.
3 Months Beta |Analyze Intermetro Communs Demand Trend
Check current 90 days Intermetro Communs correlation with market (DOW)

Intermetro Beta

    
  -0.47  
Intermetro 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

    
  12.19  
It is essential to understand the difference between upside risk (as represented by Intermetro Communs's standard deviation) and the downside risk, which can be measured by semi-deviation or downside deviation of Intermetro Communs stock's daily returns or price. Since the actual investment returns on holding a position in Intermetro Communs 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 Intermetro Communs.

Intermetro Communs OTC Stock Volatility Analysis

Transformation
The output start index for this execution was zero with a total number of output elements of sixty-one. The Median Price line plots median indexes of Intermetro Communs price series. View also all equity analysis or get more info about median price price transform indicator.

Intermetro Communs Projected Return Density Against Market

Given the investment horizon of 90 days Intermetro Communs has a beta of -0.4713 . This usually indicates as returns on benchmark increase, returns on holding Intermetro Communs are expected to decrease at a much lower rate. During the bear market, however, Intermetro Communs 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 Intermetro Communs or Communication 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 Intermetro Communs 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 Intermetro 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. Intermetro Communs is significantly underperforming DOW.
 Predicted Return Density 
      Returns 

Intermetro Communs 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 Intermetro Communs or Communication 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 Intermetro Communs 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 Intermetro 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.
Given the investment horizon of 90 days the coefficient of variation of Intermetro Communs is -787.96. The daily returns are distributed with a variance of 148.5 and standard deviation of 12.19. The mean deviation of Intermetro Communs is currently at 3.0. For similar time horizon, the selected benchmark (DOW) has volatility of 0.79
α
Alpha over DOW
-1.51
β
Beta against DOW-0.47
σ
Overall volatility
12.19
Ir
Information ratio -0.13

Intermetro Communs OTC Stock Return Volatility

Intermetro Communs historical daily return volatility represents how much Intermetro Communs stock's price daily returns swing around its mean daily price change - it is a statistical measure of its dispersion of returns. The company inherits 12.186% risk (volatility on return distribution) over the 90 days horizon. By contrast, DOW inherits 0.7199% risk (volatility on return distribution) over the 90 days horizon.
 Performance (%) 
      Timeline 

About Intermetro Communs Volatility

Volatility is a rate at which the price of Intermetro Communs 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 Intermetro Communs may increase or decrease. In other words, similar to Intermetro's beta indicator, it measures the risk of Intermetro Communs and helps estimate the fluctuations that may happen in a short period of time. So if prices of Intermetro Communs 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.
InterMetro Communications, Inc. provides voice and data communication services in the United States. InterMetro Communications, Inc. is headquartered in Simi Valley, California. Intermetro Communs operates under Telecom Services classification in the United States and is traded on OTC Exchange. It employs 24 people.

Intermetro Communs Investment Opportunity

Intermetro Communs has a volatility of 12.19 and is 16.93 times more volatile than DOW. 96  of all equities and portfolios are less risky than Intermetro Communs. Compared to the overall equity markets, volatility of historical daily returns of Intermetro Communs is higher than 96 () of all global equities and portfolios over the last 90 days. Use Intermetro Communs to protect your portfolios against small market fluctuations. The otc stock experiences a normal downward fluctuation but is a risky buy. Check odds of Intermetro Communs to be traded at $5.0E-4 in 90 days. . Let's try to break down what Intermetro's beta means in this case. As returns on the market increase, returns on owning Intermetro Communs are expected to decrease at a much lower rate. During the bear market, Intermetro Communs is likely to outperform the market.

Good diversification

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

Intermetro Communs Additional Risk Indicators

The analysis of Intermetro Communs' 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 Intermetro Communs' investment and either accepting that risk or mitigating it. Along with some common measures of Intermetro Communs 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 Performance3.21
Mean Deviation2.91
Coefficient Of Variation(800.18)
Standard Deviation12.0
Variance144.0
Information Ratio(0.13)
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.

Intermetro Communs 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 Intermetro Communs 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. Intermetro Communs' 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, Intermetro Communs' 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 Intermetro Communs.
Please see Risk vs Return Analysis. Note that the Intermetro Communs information on this page should be used as a complementary analysis to other Intermetro Communs' 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 Portfolio Volatility module to check portfolio volatility and analyze historical return density to properly model market risk.

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