Khiron OTC Stock Volatility

Our standpoint towards estimating 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 Khiron Life, which you can use to evaluate the future volatility of the firm. Please verify Khiron Life Sciences to check out if the risk estimate we provide is consistent with the expected return of 0.0%.

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

Khiron Life Sciences OTC Stock Volatility Analysis

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Khiron Life Projected Return Density Against Market

Assuming the 90 days horizon Khiron Life has a beta that is very close to zero . This indicates the returns on DOW and Khiron Life do not appear to be highly-sensitive.
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 Khiron Life or Khiron Life Sciences 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 Khiron Life 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 Khiron 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.
It does not look like the company alpha can have any bearing on the current equity valuation.
 Predicted Return Density 
      Returns 

Khiron Life 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 Khiron Life or Khiron Life Sciences 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 Khiron Life 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 Khiron 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.
Assuming the 90 days horizon the coefficient of variation of Khiron Life is 0.0. The daily returns are distributed with a variance of 0.0 and standard deviation of 0.0. The mean deviation of Khiron Life Sciences is currently at 0.0. For similar time horizon, the selected benchmark (DOW) has volatility of 0.72
α
Alpha over DOW
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β
Beta against DOW0.00
σ
Overall volatility
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Ir
Information ratio 0.00

Khiron Life OTC Stock Return Volatility

Khiron Life historical daily return volatility represents how much Khiron Life stock's price daily returns swing around its mean daily price change - it is a statistical measure of its dispersion of returns. The firm shows 0.0% volatility of returns over 90 . By contrast, DOW inherits 0.6799% risk (volatility on return distribution) over the 90 days horizon.
 Performance (%) 
      Timeline 

About Khiron Life Volatility

Volatility is a rate at which the price of Khiron Life 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 Khiron Life may increase or decrease. In other words, similar to Khiron's beta indicator, it measures the risk of Khiron Life and helps estimate the fluctuations that may happen in a short period of time. So if prices of Khiron Life 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.
Khiron Life Sciences Corp. operates as an integrated cannabis company in Latin America, North America, and Europe. Khiron Life Sciences Corp. was founded in 2017 and is based in Vancouver, Canada. Khiron Life is traded on OTC Exchange in the United States.

Khiron Life Investment Opportunity

DOW has a standard deviation of returns of 0.68 and is 9.223372036854776E16 times more volatile than Khiron Life Sciences. of all equities and portfolios are less risky than Khiron Life. Compared to the overall equity markets, volatility of historical daily returns of Khiron Life Sciences is lower than 0 () of all global equities and portfolios over the last 90 days.

Khiron Life Additional Risk Indicators

The analysis of Khiron Life'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 Khiron Life's investment and either accepting that risk or mitigating it. Along with some common measures of Khiron Life 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.
Coefficient Of Variation0.0
Maximum Drawdown0.0
Potential Upside0.0
Skewness0.0
Kurtosis0.0
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.

Khiron Life 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 Khiron Life 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. Khiron Life'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, Khiron Life'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 Khiron Life Sciences.
Please see Stocks Correlation. Note that the Khiron Life Sciences information on this page should be used as a complementary analysis to other Khiron Life'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 Shere Portfolio module to track or share privately all of your investments from the convenience of any device.

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