Kingsway Financial Services Volatility
| KFSYFDelisted Stock | USD 1.77 0.00 0.00% |
We have found nineteen technical indicators for Kingsway Financial, which you can use to evaluate the volatility of the firm. Please verify Kingsway Financial's Risk Adjusted Performance of (0.05), mean deviation of 4.12, and Standard Deviation of 7.18 to check out if the risk estimate we provide is consistent with the expected return of 0.0%. Key indicators related to Kingsway Financial's volatility include:
30 Days Market Risk | Chance Of Distress | 30 Days Economic Sensitivity |
Kingsway Financial OTC BB Equity 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 Kingsway daily returns, and it is calculated using variance and standard deviation. We also use Kingsway's beta, its sensitivity to the market, as well as its odds of financial distress to provide a more practical estimation of Kingsway Financial volatility.
Kingsway |
Since volatility provides investors with entry points to take advantage of stock prices, companies, such as Kingsway Financial 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 Kingsway Financial at lower prices. For example, an investor can purchase Kingsway 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 Kingsway Financial'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.
Moving against Kingsway OTC BB Equity
| 0.5 | PG | Procter Gamble Financial Report 26th of July 2024 | PairCorr |
| 0.44 | KO | Coca Cola Earnings Call This Week | PairCorr |
Kingsway Financial Market Sensitivity And Downside Risk
Kingsway Financial's beta coefficient measures the volatility of Kingsway otc bb equity compared to the systematic risk of the entire 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 Kingsway otc bb equity's returns against your selected market. In other words, Kingsway Financial's beta of -2.03 provides an investor with an approximation of how much risk Kingsway Financial otc bb equity can potentially add to one of your existing portfolios. Kingsway Financial Services is displaying above-average volatility over the selected time horizon. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Kingsway Financial's otc bb equity risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact Kingsway Financial's otc bb equity price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different financial instruments as prices fall.
3 Months Beta |Analyze Kingsway Financial Demand TrendCheck current 90 days Kingsway Financial correlation with market (NYSE Composite)Kingsway Beta |
Kingsway standard deviation measures the daily dispersion of prices over your selected time horizon relative to its mean. A typical volatile entity 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 Kingsway Financial's standard deviation) and the downside risk, which can be measured by semi-deviation or downside deviation of Kingsway Financial's daily returns or price. Since the actual investment returns on holding a position in kingsway otc bb equity 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 Kingsway Financial.
Kingsway Financial OTC BB Equity Volatility Analysis
Volatility refers to the frequency at which Kingsway Financial otc price increases or decreases within a specified period. These fluctuations usually indicate the level of risk that's associated with Kingsway Financial's price changes. Investors will then calculate the volatility of Kingsway Financial's otc bb equity to predict their future moves. A otc that has erratic price changes quickly hits new highs, and lows are considered highly volatile. A otc bb equity 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 Kingsway Financial's volatility:
Historical Volatility
This type of otc volatility measures Kingsway Financial's fluctuations based on previous trends. It's commonly used to predict Kingsway Financial's future behavior based on its past. However, it cannot conclusively determine the future direction of the otc bb equity.Implied Volatility
This type of volatility provides a positive outlook on future price fluctuations for Kingsway Financial'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 Kingsway Financial's to be redeemed at a future date.Transformation |
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Kingsway Financial Projected Return Density Against Market
Assuming the 90 days horizon Kingsway Financial Services has a beta of -2.0267 . This indicates as returns on its benchmark rise, returns on holding Kingsway Financial Services are expected to decrease by similarly larger amounts. On the other hand, during market turmoils, Kingsway Financial is expected to outperform its benchmark.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 Kingsway Financial or Consumer Cyclical 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 Kingsway Financial's price will be affected by overall otc bb equity 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 Kingsway 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.
Kingsway Financial Services has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite. Predicted Return Density |
| Returns |
What Drives a Kingsway Financial Price Volatility?
Several factors can influence a otc's market 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.Kingsway Financial OTC BB Equity Return Volatility
Kingsway Financial historical daily return volatility represents how much of Kingsway Financial otc's daily returns swing around its mean - it is a statistical measure of its dispersion of returns. The company shows 0.0% volatility of returns over 90 . By contrast, NYSE Composite accepts 0.633% volatility on return distribution over the 90 days horizon. Performance |
| Timeline |
About Kingsway Financial Volatility
Volatility is a rate at which the price of Kingsway Financial 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 Kingsway Financial may increase or decrease. In other words, similar to Kingsway's beta indicator, it measures the risk of Kingsway Financial and helps estimate the fluctuations that may happen in a short period of time. So if prices of Kingsway Financial 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.Kingsway Financial Services Inc., through its subsidiaries, engages in the extended warranty business services, asset management, and real estate businesses. Kingsway Financial Services Inc. was incorporated in 1989 and is based in Itasca, Illinois. Kingsway Financial is traded on OTC Exchange in the United States.
Kingsway Financial's stock volatility refers to the amount of uncertainty or risk involved with the size of changes in its stock's price. It is a statistical measure of the dispersion of returns on Kingsway OTC BB Equity over a specified period of time, often expressed as the standard deviation of daily returns. In other words, it measures how much Kingsway Financial's price varies over time.
3 ways to utilize Kingsway Financial's volatility to invest better
Higher Kingsway Financial's stock volatility means that the price of its stock is changing rapidly and unpredictably, while lower stock volatility indicates that the price of Kingsway Financial stock is relatively stable. Investors and traders use stock volatility as an indicator of risk and potential reward, as stocks with higher volatility can offer the potential for more significant returns but also come with a greater risk of losses. Kingsway Financial stock volatility can provide helpful information for making investment decisions in the following ways:- Measuring Risk: Volatility can be used as a measure of risk, which can help you determine the potential fluctuations in the value of Kingsway Financial investment. A higher volatility means higher risk and potentially larger changes in value.
- Identifying Opportunities: High volatility in Kingsway Financial's stock can indicate that there is potential for significant price movements, either up or down, which could present investment opportunities.
- Diversification: Understanding how the volatility of Kingsway Financial's stock relates to your other investments can help you create a well-diversified portfolio of assets with varying levels of risk.
Kingsway Financial Investment Opportunity
NYSE Composite has a standard deviation of returns of 0.63 and is 9.223372036854776E16 times more volatile than Kingsway Financial Services. Compared to the overall equity markets, volatility of historical daily returns of Kingsway Financial Services is lower than 0 percent of all global equities and portfolios over the last 90 days. You can use Kingsway Financial Services to protect your portfolios against small market fluctuations. The otc bb equity experiences a normal downward fluctuation but is a risky buy. Check odds of Kingsway Financial to be traded at $1.7523 in 90 days.Good diversification
The correlation between Kingsway Financial Services and NYA is -0.18 (i.e., Good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Kingsway Financial Services and NYA in the same portfolio, assuming nothing else is changed.
Kingsway Financial Additional Risk Indicators
The analysis of Kingsway Financial'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 Kingsway Financial's investment and either accepting that risk or mitigating it. Along with some common measures of Kingsway Financial otc bb equity'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.
| Risk Adjusted Performance | (0.05) | |||
| Market Risk Adjusted Performance | 0.3292 | |||
| Mean Deviation | 4.12 | |||
| Coefficient Of Variation | (1,128) | |||
| Standard Deviation | 7.18 | |||
| Variance | 51.6 | |||
| Information Ratio | (0.10) |
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential otc bb equitys, we recommend comparing similar otcs with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.
Kingsway Financial 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 Kingsway Financial 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. Kingsway Financial'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, Kingsway Financial'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 Kingsway Financial Services.
Check out Correlation Analysis to better understand how to build diversified portfolios. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in manufacturing. You can also try the Pair Correlation module to compare performance and examine fundamental relationship between any two equity instruments.
Other Consideration for investing in Kingsway OTC BB Equity
If you are still planning to invest in Kingsway Financial check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Kingsway Financial's history and understand the potential risks before investing.
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