Imine OTC Stock Volatility

JRVS -  USA Stock  

USD 0.04  0.001  2.56%

Imine Corp appears to be out of control, given 3 months investment horizon. Imine Corp holds Efficiency (Sharpe) Ratio of 0.0648, which attests that the entity had 0.0648% of return per unit of risk over the last 3 months. 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-six technical indicators for Imine Corp, which you can use to evaluate the future volatility of the firm. Please utilize Imine Corp's Market Risk Adjusted Performance of (0.59), risk adjusted performance of 0.0363, and Downside Deviation of 8.96 to validate if our risk estimates are consistent with your expectations.

Imine Volatility 

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

720 Days Market Risk

Out of control

Chance of Distress

Average

720 Days Economic Sensitivity

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

Imine Corp Market Sensitivity And Downside Risk

Imine Corp's beta coefficient measures the volatility of Imine 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 Imine otc stock's returns against your selected market. In other words, Imine Corp's beta of -0.3 provides an investor with an approximation of how much risk Imine Corp otc stock can potentially add to one of your existing portfolios.
Let's try to break down what Imine's beta means in this case. As returns on the market increase, returns on owning Imine Corp are expected to decrease at a much lower rate. During the bear market, Imine Corp is likely to outperform the market.
3 Months Beta |Analyze Imine Corp Demand Trend
Check current 90 days Imine Corp correlation with market (DOW)

Imine Beta

    
  -0.3  
Imine 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

    
  5.65  
It is essential to understand the difference between upside risk (as represented by Imine Corp's standard deviation) and the downside risk, which can be measured by semi-deviation or downside deviation of Imine Corp stock's daily returns or price. Since the actual investment returns on holding a position in Imine Corp 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 Imine Corp.

Imine Corp OTC Stock Volatility Analysis

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

Historical Volatility

This type of stock volatility measures Imine Corp's fluctuations based on previous trends. It's commonly used to predict Imine Corp's 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 Imine Corp's current market price. This means that the stock will return to its initially predicted market price.
Transformation
The output start index for this execution was zero with a total number of output elements of sixty-one. Imine Corp 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.

Imine Corp Projected Return Density Against Market

Given the investment horizon of 90 days Imine Corp has a beta of -0.2971 . This indicates as returns on benchmark increase, returns on holding Imine Corp are expected to decrease at a much lower rate. During the bear market, however, Imine Corp 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 Imine Corp or Financial 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 Imine Corp 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 Imine 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 0.1563, implying that it can generate a 0.16 percent excess return over DOW after adjusting for the inherited market risk (beta).
 Predicted Return Density 
      Returns 
Imine Corp's volatility is measured either by using standard deviation or beta. Standard deviation will reflect the average amount of how Imine Corp 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 Company's Stock Price Volatility?

Several factors can influence a company'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.

Imine Corp 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 Imine Corp or Financial 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 Imine Corp 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 Imine 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 Imine Corp is 1542.55. The daily returns are distributed with a variance of 31.9 and standard deviation of 5.65. The mean deviation of Imine Corp is currently at 2.55. For similar time horizon, the selected benchmark (DOW) has volatility of 0.83
α
Alpha over DOW
0.16
β
Beta against DOW-0.3
σ
Overall volatility
5.65
Ir
Information ratio 0.0451

Imine Corp OTC Stock Return Volatility

Imine Corp historical daily return volatility represents how much Imine Corp stock's price daily returns swing around its mean daily price change - it is a statistical measure of its dispersion of returns. The enterprise inherits 5.6484% risk (volatility on return distribution) over the 90 days horizon. By contrast, DOW inherits 0.8488% risk (volatility on return distribution) over the 90 days horizon.
 Performance (%) 
      Timeline 

About Imine Corp Volatility

Volatility is a rate at which the price of Imine Corp 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 Imine Corp may increase or decrease. In other words, similar to Imine's beta indicator, it measures the risk of Imine Corp and helps estimate the fluctuations that may happen in a short period of time. So if prices of Imine Corp 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.
It was previously engaged in the development and selling of computer equipment used for the mining of cryptocurrency. The company was formerly known as Diamante Minerals, Inc. and changed its name to iMine Corporation in March 2018. iMine Corporation was incorporated in 2010 and is based in Miami, Florida. Imine Corp operates under Shell Companies classification in the United States and is traded on OTC Exchange.

Imine Corp Investment Opportunity

Imine Corp has a volatility of 5.65 and is 6.65 times more volatile than DOW. 48  of all equities and portfolios are less risky than Imine Corp. Compared to the overall equity markets, volatility of historical daily returns of Imine Corp is lower than 48 () of all global equities and portfolios over the last 90 days. Use Imine Corp to enhance returns of your portfolios. The otc stock experiences an expected bullish sentiment for its category. Check odds of Imine Corp to be traded at $0.048 in 90 days. . Let's try to break down what Imine's beta means in this case. As returns on the market increase, returns on owning Imine Corp are expected to decrease at a much lower rate. During the bear market, Imine Corp is likely to outperform the market.

Good diversification

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

Imine Corp Additional Risk Indicators

The analysis of Imine Corp'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 Imine Corp's investment and either accepting that risk or mitigating it. Along with some common measures of Imine Corp 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 Performance0.0363
Market Risk Adjusted Performance(0.59)
Mean Deviation2.44
Semi Deviation3.5
Downside Deviation8.96
Coefficient Of Variation2983.3
Standard Deviation5.63
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.

Imine Corp 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 Imine Corp 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. Imine Corp'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, Imine Corp'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 Imine Corp.
Please see Risk vs Return Analysis. Note that the Imine Corp information on this page should be used as a complementary analysis to other Imine Corp's 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 Diagnostics module to use generated alerts and portfolio events aggregator to diagnose current holdings.

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Is Imine Corp'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 Imine Corp. If investors know Imine 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 Imine Corp 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 Imine Corp is measured differently than its book value, which is the value of Imine that is recorded on the company's balance sheet. Investors also form their own opinion of Imine Corp's value that differs from its market value or its book value, called intrinsic value, which is Imine Corp'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 Imine Corp's market value can be influenced by many factors that don't directly affect Imine Corp'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 Imine Corp's value and its price as these two are different measures arrived at by different means. Investors typically determine Imine Corp value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Imine Corp'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.