International Stock Volatility

INSW Stock  USD 37.06  0.91  2.40%   
International Seaways holds Efficiency (Sharpe) Ratio of -0.0259, which attests that the entity had -0.0259% 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. International Seaways exposes twenty-eight different technical indicators, which can help you to evaluate volatility that cannot be diversified away. Please be advised to check out International Seaways Downside Deviation of 3.02, market risk adjusted performance of (1.10), and Risk Adjusted Performance of 0.0264 to validate the risk estimate we provide.
International Seaways 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 International daily returns, and it is calculated using variance and standard deviation. We also use International's beta, its sensitivity to the market, as well as its odds of financial distress to provide a more practical estimation of International Seaways volatility.

60 Days Market Risk

Not too volatile

Chance of Distress

Below Average

60 Days Economic Sensitivity

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

+0.61CNQCanadian Natural ResPairCorr

Moving against International Seaways

-0.71MFGMizuho Financial Earnings Call This WeekPairCorr
-0.71JPHLFJapan Post Holdings Potential GrowthPairCorr
-0.66SMFGSumitomo Mitsui Financial Earnings Call This WeekPairCorr
-0.61MBFJFMitsubishi UFJ FinancialPairCorr
-0.6MRKMerck Company Earnings Call This WeekPairCorr
-0.58KBKB Financial GroupPairCorr
-0.56VZVerizon Communications Sell-off TrendPairCorr

International Seaways Market Sensitivity And Downside Risk

International Seaways' beta coefficient measures the volatility of International 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 International stock's returns against your selected market. In other words, International Seaways's beta of -0.0399 provides an investor with an approximation of how much risk International Seaways stock can potentially add to one of your existing portfolios.
International Seaways shows above-average downside volatility for the selected time horizon. We advise investors to inspect International Seaways further and ensure that all market timing and asset allocation strategies are consistent with the estimation of International Seaways future alpha. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure International Seaways' stock risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact International Seaways' stock price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different stocks as prices fall.
3 Months Beta |Analyze International Seaways Demand Trend
Check current 90 days International Seaways correlation with market (NYSE Composite)

International Beta

International 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

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

Using International Put Option to Manage Risk

Put options written on International Seaways grant holders of the option the right to sell a specified amount of International Seaways at a specified price within a specified time frame. The put buyer has a limited loss and, while not fully unlimited gains, as the price of International Stock cannot fall below zero, the put buyer does gain as the price drops. So, one way investors can hedge International Seaways' position is by buying a put option against it. The put option used this way is usually referred to as insurance. If an undesired outcome occurs and loss on holding International Seaways will be realized, the loss incurred will be offset by the profits made with the option trade.

International Seaways' PUT expiring on 2023-02-17

       International Seaways Price At Expiration  

Current International Seaways Insurance Chain

DeltaGammaOpen IntExpirationCurrent SpreadLast Price
2023-02-17 PUT at $40.0-0.61450.0776272023-02-171.35 - 4.53.3View
2023-02-17 PUT at $35.0-0.24640.06181182023-02-170.5 - 0.90.8View
2023-02-17 PUT at $30.0-0.05570.0189172023-02-170.0 - 0.350.15View
View All International Seaways Options

International Seaways Stock Volatility Analysis

Volatility refers to the frequency at which International Seaways stock price increases or decreases within a specified period. These fluctuations usually indicate the level of risk that's associated with International Seaways' price changes. Investors will then calculate the volatility of International Seaways' stock to predict their future moves. A stock that has erratic price changes quickly hits new highs, and lows are considered highly volatile. A stock with relatively stable price changes has low volatility. A highly volatile stock 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 International Seaways' volatility:

Historical Volatility

This type of stock volatility measures International Seaways' fluctuations based on previous trends. It's commonly used to predict International Seaways' future behavior based on its past. However, it cannot conclusively determine the future direction of the stock.

Implied Volatility

This type of volatility provides a positive outlook on future price fluctuations for International Seaways' current market price. This means that the stock will return to its initially predicted market price. This type of volatility can be derived from derivative instruments written on International Seaways' to be redeemed at a future date.
The output start index for this execution was zero with a total number of output elements of sixty-one. International Seaways 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.

International Seaways Projected Return Density Against Market

Given the investment horizon of 90 days International Seaways has a beta of -0.0399 . This usually indicates as returns on benchmark increase, returns on holding International Seaways are expected to decrease at a much lower rate. During the bear market, however, International Seaways 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 International Seaways or Oil, Gas & Consumable Fuels 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 International Seaways' 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 International 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 an alpha of 0.0514, implying that it can generate a 0.0514 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
   Predicted Return Density   
International Seaways' volatility is measured either by using standard deviation or beta. Standard deviation will reflect the average amount of how international 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 an International Seaways Price Volatility?

Several factors can influence a stock's market volatility:


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.

International Seaways 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 International Seaways or Oil, Gas & Consumable Fuels 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 International Seaways' 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 International 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 International Seaways is -3862.76. The daily returns are distributed with a variance of 9.66 and standard deviation of 3.11. The mean deviation of International Seaways is currently at 2.49. For similar time horizon, the selected benchmark (NYSE Composite) has volatility of 1.12
Alpha over NYSE Composite
Beta against NYSE Composite-0.04
Overall volatility
Information ratio -0.05

International Seaways Stock Return Volatility

International Seaways historical daily return volatility represents how much of International Seaways stock's daily returns swing around its mean - it is a statistical measure of its dispersion of returns. The venture inherits 3.1083% risk (volatility on return distribution) over the 90 days horizon. By contrast, NYSE Composite accepts 1.1305% volatility on return distribution over the 90 days horizon.
 Performance (%) 

About International Seaways Volatility

Volatility is a rate at which the price of International Seaways 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 International Seaways may increase or decrease. In other words, similar to International's beta indicator, it measures the risk of International Seaways and helps estimate the fluctuations that may happen in a short period of time. So if prices of International Seaways 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.
International Seaways, Inc. owns and operates a fleet of oceangoing vessels for the transportation of crude oil and petroleum products in the international flag trade. International Seaways, Inc. was incorporated in 1999 and is headquartered in New York, New York. International Seaways operates under Oil Gas Midstream classification in the United States and is traded on New York Stock Exchange. It employs 2061 people.

International Seaways Investment Opportunity

International Seaways has a volatility of 3.11 and is 2.75 times more volatile than NYSE Composite. 27  of all equities and portfolios are less risky than International Seaways. Compared to the overall equity markets, volatility of historical daily returns of International Seaways is lower than 27 () of all global equities and portfolios over the last 90 days. Use International Seaways to protect your portfolios against small market fluctuations. Benchmarks are essential to demonstrate the utility of optimization algorithms. The stock experiences an unexpected downward movement. The market is reacting to new fundamentals. Check odds of International Seaways to be traded at $35.58 in 90 days.

Good diversification

The correlation between International Seaways and NYA is -0.01 (i.e., Good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding International Seaways and NYA in the same portfolio, assuming nothing else is changed.

International Seaways Additional Risk Indicators

The analysis of International Seaways' 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 International Seaways' investment and either accepting that risk or mitigating it. Along with some common measures of International Seaways 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 stocks, we recommend comparing similar stocks with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.

International Seaways 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 International Seaways 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. International Seaways' 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, International Seaways' 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 International Seaways.
Please see Risk vs Return Analysis. You can also try My Watchlist Analysis module to analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like.

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