Mainz Biomed Bv Stock Volatility
| MYNZ Stock | USD 0.98 0.01 1.03% |
Mainz Biomed BV has Sharpe Ratio of -0.0112, which conveys that the firm had a -0.0112% return per unit of risk over the last 3 months. Mainz Biomed exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Mainz Biomed's Risk Adjusted Performance of (0.01), standard deviation of 4.95, and Mean Deviation of 3.33 to check out the risk estimate we provide. Key indicators related to Mainz Biomed's volatility include:
720 Days Market Risk | Chance Of Distress | 720 Days Economic Sensitivity |
Mainz Biomed 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 Mainz daily returns, and it is calculated using variance and standard deviation. We also use Mainz's beta, its sensitivity to the market, as well as its odds of financial distress to provide a more practical estimation of Mainz Biomed volatility.
Mainz |
Since volatility provides investors with entry points to take advantage of stock prices, companies, such as Mainz Biomed 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 Mainz Biomed at lower prices. For example, an investor can purchase Mainz 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 Mainz Biomed'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 Mainz Stock
| 0.56 | EWTX | Edgewise Therapeutics Financial Report 9th of May 2024 | PairCorr |
| 0.42 | HOWL | Werewolf Therapeutics Upward Rally | PairCorr |
Mainz Biomed Market Sensitivity And Downside Risk
Mainz Biomed's beta coefficient measures the volatility of Mainz stock 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 Mainz stock's returns against your selected market. In other words, Mainz Biomed's beta of 0.0844 provides an investor with an approximation of how much risk Mainz Biomed stock can potentially add to one of your existing portfolios. Mainz Biomed BV exhibits very low volatility with skewness of 2.17 and kurtosis of 9.43. Mainz Biomed BV is a potential penny stock. Although Mainz Biomed may be in fact a good instrument to invest, many penny stocks are speculative in nature and are subject to artificial price hype. Please make sure you totally understand the upside potential and downside risk of investing in Mainz Biomed BV. We encourage investors to look for signals such as email spams, message board hypes, claims of breakthroughs, volume upswings, sudden news releases, promotions that are not reported, or demotions released before SEC filings. Please also check biographies and work history of current and past company officers before investing in high volatility instruments, penny stocks, or equities with microcap classification. You can indeed make money on Mainz instrument if you perfectly time your entry and exit. However, remember that penny stocks that have been the subject of artificial hype usually unable to maintain their increased share price for more than just a few days. The price of a promoted high volatility instrument will almost always revert back. The only way to increase shareholder value is through legitimate performance backed up by solid fundamentals.
3 Months Beta |Analyze Mainz Biomed BV Demand TrendCheck current 90 days Mainz Biomed correlation with market (NYSE Composite)Mainz Beta |
Mainz 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 | 5.0 |
It is essential to understand the difference between upside risk (as represented by Mainz Biomed's standard deviation) and the downside risk, which can be measured by semi-deviation or downside deviation of Mainz Biomed's daily returns or price. Since the actual investment returns on holding a position in mainz 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 Mainz Biomed.
Mainz Biomed BV Stock Volatility Analysis
Volatility refers to the frequency at which Mainz Biomed stock price increases or decreases within a specified period. These fluctuations usually indicate the level of risk that's associated with Mainz Biomed's price changes. Investors will then calculate the volatility of Mainz Biomed'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 Mainz Biomed's volatility:
Historical Volatility
This type of stock volatility measures Mainz Biomed's fluctuations based on previous trends. It's commonly used to predict Mainz Biomed'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 Mainz Biomed's 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 Mainz Biomed's to be redeemed at a future date.Transformation |
The output start index for this execution was zero with a total number of output elements of sixty-one. Mainz Biomed BV 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.
Mainz Biomed Projected Return Density Against Market
Given the investment horizon of 90 days Mainz Biomed has a beta of 0.0844 . This indicates as returns on the market go up, Mainz Biomed average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Mainz Biomed BV will be expected to be much smaller as well.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 Mainz Biomed or Biotechnology 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 Mainz Biomed'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 Mainz 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.
Mainz Biomed BV 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 Mainz Biomed Price Volatility?
Several factors can influence a stock'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.Mainz Biomed Stock Risk Measures
Given the investment horizon of 90 days the coefficient of variation of Mainz Biomed is -8957.49. The daily returns are distributed with a variance of 25.0 and standard deviation of 5.0. The mean deviation of Mainz Biomed BV is currently at 3.33. For similar time horizon, the selected benchmark (NYSE Composite) has volatility of 0.63
α | Alpha over NYSE Composite | -0.19 | |
β | Beta against NYSE Composite | 0.08 | |
σ | Overall volatility | 5.00 | |
Ir | Information ratio | -0.05 |
Mainz Biomed Stock Return Volatility
Mainz Biomed historical daily return volatility represents how much of Mainz Biomed stock's daily returns swing around its mean - it is a statistical measure of its dispersion of returns. The company inherits 4.9997% risk (volatility on return distribution) over the 90 days horizon. By contrast, NYSE Composite accepts 0.6245% volatility on return distribution over the 90 days horizon. Performance |
| Timeline |
About Mainz Biomed Volatility
Volatility is a rate at which the price of Mainz Biomed 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 Mainz Biomed may increase or decrease. In other words, similar to Mainz's beta indicator, it measures the risk of Mainz Biomed and helps estimate the fluctuations that may happen in a short period of time. So if prices of Mainz Biomed 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.| Last Reported | Projected for Next Year | ||
| Selling And Marketing Expenses | 5.7 M | 6 M | |
| Market Cap | 90.5 M | 61.7 M |
Mainz Biomed'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 Mainz Stock over a specified period of time, often expressed as the standard deviation of daily returns. In other words, it measures how much Mainz Biomed's price varies over time.
3 ways to utilize Mainz Biomed's volatility to invest better
Higher Mainz Biomed's stock volatility means that the price of its stock is changing rapidly and unpredictably, while lower stock volatility indicates that the price of Mainz Biomed BV 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. Mainz Biomed BV 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 Mainz Biomed BV investment. A higher volatility means higher risk and potentially larger changes in value.
- Identifying Opportunities: High volatility in Mainz Biomed'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 Mainz Biomed's stock relates to your other investments can help you create a well-diversified portfolio of assets with varying levels of risk.
Mainz Biomed Investment Opportunity
Mainz Biomed BV has a volatility of 5.0 and is 8.06 times more volatile than NYSE Composite. 44 percent of all equities and portfolios are less risky than Mainz Biomed. You can use Mainz Biomed BV to enhance the returns of your portfolios. The stock experiences a large bullish trend. Check odds of Mainz Biomed to be traded at $1.078 in 90 days.Significant diversification
The correlation between Mainz Biomed BV and NYA is 0.01 (i.e., Significant diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Mainz Biomed BV and NYA in the same portfolio, assuming nothing else is changed.
Mainz Biomed Additional Risk Indicators
The analysis of Mainz Biomed'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 Mainz Biomed's investment and either accepting that risk or mitigating it. Along with some common measures of Mainz Biomed 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.
| Risk Adjusted Performance | (0.01) | |||
| Market Risk Adjusted Performance | (2.24) | |||
| Mean Deviation | 3.33 | |||
| Coefficient Of Variation | (2,753) | |||
| Standard Deviation | 4.95 | |||
| Variance | 24.51 | |||
| Information Ratio | (0.05) |
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.
Mainz Biomed 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 Mainz Biomed 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. Mainz Biomed'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, Mainz Biomed'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 Mainz Biomed BV.
When determining whether Mainz Biomed BV offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Mainz Biomed's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Mainz Biomed Bv Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Mainz Biomed Bv Stock: Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Mainz Biomed BV. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors. You can also try the Investing Opportunities module to build portfolios using our predefined set of ideas and optimize them against your investing preferences.
Complementary Tools for Mainz Stock analysis
When running Mainz Biomed's price analysis, check to measure Mainz Biomed'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 Mainz Biomed is operating at the current time. Most of Mainz Biomed's value examination focuses on studying past and present price action to predict the probability of Mainz Biomed's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Mainz Biomed's price. Additionally, you may evaluate how the addition of Mainz Biomed to your portfolios can decrease your overall portfolio volatility.
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Is Mainz Biomed'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 Mainz Biomed. If investors know Mainz 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 Mainz Biomed listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (1.62) | Revenue Per Share 0.055 | Quarterly Revenue Growth 0.111 | Return On Assets (0.93) | Return On Equity (3.03) |
The market value of Mainz Biomed BV is measured differently than its book value, which is the value of Mainz that is recorded on the company's balance sheet. Investors also form their own opinion of Mainz Biomed's value that differs from its market value or its book value, called intrinsic value, which is Mainz Biomed'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 Mainz Biomed's market value can be influenced by many factors that don't directly affect Mainz Biomed'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 Mainz Biomed's value and its price as these two are different measures arrived at by different means. Investors typically determine if Mainz Biomed is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Mainz Biomed'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.