OYOCF OTC Stock Volatility

OYOCF -  USA Stock  

USD 11.60  0.00  0.00%

We consider Oyo Corp very steady. Oyo Corp maintains Sharpe Ratio (i.e., Efficiency) of 0.13, which implies the firm had 0.13% of return per unit of risk over the last 3 months. Our standpoint towards forecasting 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 Oyo Corp, which you can use to evaluate the future volatility of the company. Please check Oyo Corp coefficient of variation of (1,103), and Risk Adjusted Performance of (0.06) to confirm if the risk estimate we provide is consistent with the expected return of 0.0308%.

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

30 Days Market Risk

Very steady

Chance of Distress

Quite High

30 Days Economic Sensitivity

Moves indifferently to market moves

Oyo Corp Market Sensitivity And Downside Risk

Oyo Corp's beta coefficient measures the volatility of OYOCF 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 OYOCF otc stock's returns against your selected market. In other words, Oyo Corp's beta of -0.0582 provides an investor with an approximation of how much risk Oyo Corp otc stock can potentially add to one of your existing portfolios.
Let's try to break down what OYOCF's beta means in this case. As returns on the market increase, returns on owning Oyo Corp are expected to decrease at a much lower rate. During the bear market, Oyo Corp is likely to outperform the market.
3 Months Beta |Analyze Oyo Corp Demand Trend
Check current 90 days Oyo Corp correlation with market (DOW)

OYOCF Beta

    
  -0.0582  
OYOCF 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

    
  0.23  
It is essential to understand the difference between upside risk (as represented by Oyo Corp's standard deviation) and the downside risk, which can be measured by semi-deviation or downside deviation of Oyo Corp stock's daily returns or price. Since the actual investment returns on holding a position in Oyo 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 Oyo Corp.

Oyo Corp OTC Stock Volatility Analysis

Transformation
The output start index for this execution was zero with a total number of output elements of sixty-one. Oyo 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.

Oyo Corp Projected Return Density Against Market

Assuming the 90 days horizon Oyo Corp has a beta of -0.0582 . This indicates as returns on benchmark increase, returns on holding Oyo Corp are expected to decrease at a much lower rate. During the bear market, however, Oyo 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 Oyo Corp or Oyo Corp 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 Oyo 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 OYOCF 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 a negative alpha, implying that the risk taken by holding this instrument is not justified. Oyo Corp is significantly underperforming DOW.
 Predicted Return Density 
      Returns 

Oyo 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 Oyo Corp or Oyo Corp 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 Oyo 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 OYOCF 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 Oyo Corp is 754.98. The daily returns are distributed with a variance of 0.05 and standard deviation of 0.23. The mean deviation of Oyo Corp is currently at 0.06. For similar time horizon, the selected benchmark (DOW) has volatility of 0.72
α
Alpha over DOW
-0.09
β
Beta against DOW-0.06
σ
Overall volatility
0.23
Ir
Information ratio -0.1

Oyo Corp OTC Stock Return Volatility

Oyo Corp historical daily return volatility represents how much Oyo Corp 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 0.2324% volatility of returns over 90 . By contrast, DOW inherits 0.6741% risk (volatility on return distribution) over the 90 days horizon.
 Performance (%) 
      Timeline 

About Oyo Corp Volatility

Volatility is a rate at which the price of Oyo 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 Oyo Corp may increase or decrease. In other words, similar to OYOCF's beta indicator, it measures the risk of Oyo Corp and helps estimate the fluctuations that may happen in a short period of time. So if prices of Oyo 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.
OYO Corporation provides geological survey services. The company operates in four segments Infrastructure Maintenance, Management, and Renovation Natural Disaster Prevention and Mitigation Environment and Natural Resources and Energy. The Infrastructure Maintenance, Management, and Renovation segment provides investigation services on infrastructures, building infrastructure maintenance, and management systems and design and measuring services for disaster-resilient infrastructure, as well as develops and sells non-destructive test equipment, etc. The Natural Disaster Prevention and Mitigation segment engages in the provision of support services to governments in preparing disaster prevention plans prediction of damages from earthquake, tsunami, fire, and other disasters investigation, loss estimations, and consultations on countermeasures for natural disaster risks and development, installation, and renewal of monitoring systems. The Environment segment provides solutions for preservation of biodiversity soil and groundwater contamination and waste and asbestos analysis and removal. The Natural Resources and Energy segment offers geological consultation for the power plants support services for the commercialization of renewable energy four-dimensional subsea investigation service research and development services on methane hydrate and develops systems for natural resource exploration. It also develops, manufactures, sells, leases, and rents various measuring instruments, security instruments, software, and systems. The company was founded in 1954 and is headquartered in Tokyo, Japan.

Oyo Corp Investment Opportunity

DOW has a standard deviation of returns of 0.67 and is 2.91 times more volatile than Oyo Corp. of all equities and portfolios are less risky than Oyo Corp. Compared to the overall equity markets, volatility of historical daily returns of Oyo Corp is lower than 1 () of all global equities and portfolios over the last 90 days. Use Oyo Corp to protect your portfolios against small market fluctuations. The otc stock experiences a normal downward fluctuation but is a risky buy. Check odds of Oyo Corp to be traded at $11.48 in 90 days. . Let's try to break down what OYOCF's beta means in this case. As returns on the market increase, returns on owning Oyo Corp are expected to decrease at a much lower rate. During the bear market, Oyo Corp is likely to outperform the market.

Good diversification

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

Oyo Corp Additional Risk Indicators

The analysis of Oyo 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 Oyo Corp's investment and either accepting that risk or mitigating it. Along with some common measures of Oyo 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 Performance(0.06)
Market Risk Adjusted Performance1.63
Mean Deviation0.2192
Coefficient Of Variation(1,103)
Standard Deviation0.9294
Variance0.8638
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 stock investments, we recommend comparing similar equities with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.

Oyo 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 Oyo 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. Oyo 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, Oyo 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 Oyo Corp.
Please check Your Equity Center. Note that the Oyo Corp information on this page should be used as a complementary analysis to other Oyo 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 Commodity Channel Index module to use Commodity Channel Index to analyze current equity momentum.

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