Natcore OTC Stock Volatility

NTCXF -  USA Stock  

USD 0.0011  0.00  0.00%

Natcore Technology is out of control given 3 months investment horizon. Natcore Technology has Sharpe Ratio of 0.14, which conveys that the firm had 0.14% of return per unit of risk over the last 3 months. Our standpoint towards estimating the volatility of a stock is to use Natcore Technology market data together with company specific technical indicators. We have analyzed and interpolated twenty-one different technical indicators, which can help you to evaluate if expected returns of 7.03% are justified by taking the suggested risk. Use Natcore Technology Risk Adjusted Performance of 0.108, downside deviation of 41.12, and Mean Deviation of 21.42 to evaluate company specific risk that cannot be diversified away.

Natcore Volatility 

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

720 Days Market Risk

Out of control

Chance of Distress

Very High

720 Days Economic Sensitivity

Hyperactively responds to market trends
Since volatility provides investors with entry points to take advantage of stock prices, companies, such as Natcore Technology 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 Natcore Technology at lower prices. For example, an investor can purchase Natcore 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 Natcore Technology'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.

Natcore Technology Market Sensitivity And Downside Risk

Natcore Technology's beta coefficient measures the volatility of Natcore 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 Natcore otc stock's returns against your selected market. In other words, Natcore Technology's beta of -18.49 provides an investor with an approximation of how much risk Natcore Technology otc stock can potentially add to one of your existing portfolios.
Let's try to break down what Natcore's beta means in this case. As returns on the market increase, returns on owning Natcore Technology are expected to decrease by larger amounts. On the other hand, during market turmoil, Natcore Technology is expected to outperform it.
3 Months Beta |Analyze Natcore Technology Demand Trend
Check current 90 days Natcore Technology correlation with market (DOW)

Natcore Beta

    
  -18.49  
Natcore 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

    
  50.35  
It is essential to understand the difference between upside risk (as represented by Natcore Technology's standard deviation) and the downside risk, which can be measured by semi-deviation or downside deviation of Natcore Technology stock's daily returns or price. Since the actual investment returns on holding a position in Natcore Technology 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 Natcore Technology.

Natcore Technology OTC Stock Volatility Analysis

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

Historical Volatility

This type of stock volatility measures Natcore Technology's fluctuations based on previous trends. It's commonly used to predict Natcore Technology'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 Natcore Technology'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. Developed by Larry Williams, the Weighted Close is the average of Natcore Technology high, low and close of a chart with the close values weighted twice. It can be used to smooth an indicator that normally takes only Natcore Technology closing price as input. View also all equity analysis or get more info about weighted close price price transform indicator.

Natcore Technology Projected Return Density Against Market

Assuming the 90 days horizon Natcore Technology has a beta of -18.4939 . This indicates as returns on its benchmark rise, returns on holding Natcore Technology are expected to decrease by similarly larger amounts. On the other hand, during market turmoils, Natcore Technology 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 Natcore Technology or Technology 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 Natcore Technology 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 Natcore 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 5.9873, implying that it can generate a 5.99 percent excess return over DOW after adjusting for the inherited market risk (beta).
 Predicted Return Density 
      Returns 
Natcore Technology's volatility is measured either by using standard deviation or beta. Standard deviation will reflect the average amount of how Natcore Technology 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.

Natcore Technology 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 Natcore Technology or Technology 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 Natcore Technology 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 Natcore 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 Natcore Technology is 716.68. The daily returns are distributed with a variance of 2535.0 and standard deviation of 50.35. The mean deviation of Natcore Technology is currently at 21.98. For similar time horizon, the selected benchmark (DOW) has volatility of 0.75
α
Alpha over DOW
5.99
β
Beta against DOW-18.49
σ
Overall volatility
50.35
Ir
Information ratio 0.13

Natcore Technology OTC Stock Return Volatility

Natcore Technology historical daily return volatility represents how much Natcore Technology 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 50.3488% volatility of returns over 90 . By contrast, DOW inherits 0.7432% risk (volatility on return distribution) over the 90 days horizon.
 Performance (%) 
      Timeline 

About Natcore Technology Volatility

Volatility is a rate at which the price of Natcore Technology 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 Natcore Technology may increase or decrease. In other words, similar to Natcore's beta indicator, it measures the risk of Natcore Technology and helps estimate the fluctuations that may happen in a short period of time. So if prices of Natcore Technology 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.
Natcore Technology Inc., a research and development company, develops and owns technology for the manufacturing of solar cells. Natcore Technology Inc. was founded in 2007 and is headquartered in Delray Beach, Florida. Natcore Technology operates under Solar classification in the United States and is traded on OTC Exchange.

Natcore Technology Investment Opportunity

Natcore Technology has a volatility of 50.35 and is 68.04 times more volatile than DOW. 96  of all equities and portfolios are less risky than Natcore Technology. Compared to the overall equity markets, volatility of historical daily returns of Natcore Technology is higher than 96 () of all global equities and portfolios over the last 90 days. Use Natcore Technology to protect your portfolios against small market fluctuations. The otc stock experiences a normal downward fluctuation but is a risky buy. Check odds of Natcore Technology to be traded at $0.0011 in 90 days. . Let's try to break down what Natcore's beta means in this case. As returns on the market increase, returns on owning Natcore Technology are expected to decrease by larger amounts. On the other hand, during market turmoil, Natcore Technology is expected to outperform it.

Very good diversification

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

Natcore Technology Additional Risk Indicators

The analysis of Natcore Technology'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 Natcore Technology's investment and either accepting that risk or mitigating it. Along with some common measures of Natcore Technology 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 Performance0.108
Market Risk Adjusted Performance(0.34)
Mean Deviation21.42
Semi Deviation17.88
Downside Deviation41.12
Coefficient Of Variation759.77
Standard Deviation49.65
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.

Natcore Technology 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 Natcore Technology 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. Natcore Technology'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, Natcore Technology'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 Natcore Technology.
Additionally, see Stocks Correlation. Note that the Natcore Technology information on this page should be used as a complementary analysis to other Natcore Technology'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 Anywhere module to track or share privately all of your investments from the convenience of any device.

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