Puhui Stock Volatility

PHCF -  USA Stock  

USD 3.75  0.08  2.09%

We consider Puhui Wealth very risky. Puhui Wealth Investment maintains Sharpe Ratio (i.e., Efficiency) of 0.0073, which implies the firm had 0.0073% 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-eight technical indicators for Puhui Wealth Investment, which you can use to evaluate the future volatility of the company. Please check Puhui Wealth Investment Semi Deviation of 4.87, coefficient of variation of 94395.54, and Risk Adjusted Performance of 0.0096 to confirm if the risk estimate we provide is consistent with the expected return of 0.0473%.

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

30 Days Market Risk

Very risky

Chance of Distress

Below Average

30 Days Economic Sensitivity

Follows the market closely

Puhui Wealth Market Sensitivity And Downside Risk

Puhui Wealth's beta coefficient measures the volatility of Puhui 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 Puhui stock's returns against your selected market. In other words, Puhui Wealth's beta of 0.65 provides an investor with an approximation of how much risk Puhui Wealth stock can potentially add to one of your existing portfolios.
Let's try to break down what Puhui's beta means in this case. As returns on the market increase, Puhui Wealth returns are expected to increase less than the market. However, during the bear market, the loss on holding Puhui Wealth will be expected to be smaller as well.
3 Months Beta |Analyze Puhui Wealth Investment Demand Trend
Check current 90 days Puhui Wealth correlation with market (DOW)

Puhui Beta

    
  0.65  
Puhui 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

    
  6.51  
It is essential to understand the difference between upside risk (as represented by Puhui Wealth's standard deviation) and the downside risk, which can be measured by semi-deviation or downside deviation of Puhui Wealth stock's daily returns or price. Since the actual investment returns on holding a position in Puhui Wealth 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 Puhui Wealth.

Puhui Wealth Investment Stock Volatility Analysis

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

Puhui Wealth Projected Return Density Against Market

Given the investment horizon of 90 days Puhui Wealth has a beta of 0.6497 indicating as returns on the market go up, Puhui Wealth average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Puhui Wealth Investment 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 Puhui Wealth or Financial Services 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 Puhui Wealth 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 Puhui 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. Puhui Wealth Investment is significantly underperforming DOW.
 Predicted Return Density 
      Returns 

Puhui Wealth 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 Puhui Wealth or Financial Services 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 Puhui Wealth 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 Puhui 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.
Given the investment horizon of 90 days the coefficient of variation of Puhui Wealth is 13759.41. The daily returns are distributed with a variance of 42.44 and standard deviation of 6.51. The mean deviation of Puhui Wealth Investment is currently at 4.33. For similar time horizon, the selected benchmark (DOW) has volatility of 0.74
α
Alpha over DOW
-0.03
β
Beta against DOW0.65
σ
Overall volatility
6.51
Ir
Information ratio -0.007

Puhui Wealth Stock Return Volatility

Puhui Wealth historical daily return volatility represents how much Puhui Wealth stock's price daily returns swing around its mean daily price change - it is a statistical measure of its dispersion of returns. The firm inherits 6.5147% risk (volatility on return distribution) over the 90 days horizon. By contrast, DOW inherits 0.7344% risk (volatility on return distribution) over the 90 days horizon.
 Performance (%) 
      Timeline 

About Puhui Wealth Volatility

Volatility is a rate at which the price of Puhui Wealth 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 Puhui Wealth may increase or decrease. In other words, similar to Puhui's beta indicator, it measures the risk of Puhui Wealth and helps estimate the fluctuations that may happen in a short period of time. So if prices of Puhui Wealth 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.
Puhui Wealth Investment Management Co., Ltd., through its subsidiaries, provides third-party wealth management services in the Peoples Republic of China. The company was founded in 2013 and is headquartered in Beijing, China. Puhui Wealth operates under Asset Management classification in the United States and is traded on NASDAQ Exchange. It employs 73 people.

Puhui Wealth Investment Opportunity

Puhui Wealth Investment has a volatility of 6.51 and is 8.92 times more volatile than DOW. 55  of all equities and portfolios are less risky than Puhui Wealth. Compared to the overall equity markets, volatility of historical daily returns of Puhui Wealth Investment is higher than 55 () of all global equities and portfolios over the last 90 days. Use Puhui Wealth Investment to protect your portfolios against small market fluctuations. The stock experiences an unexpected downward movement. The market is reacting to new fundamentals. Check odds of Puhui Wealth to be traded at $3.6 in 90 days. . Let's try to break down what Puhui's beta means in this case. As returns on the market increase, Puhui Wealth returns are expected to increase less than the market. However, during the bear market, the loss on holding Puhui Wealth will be expected to be smaller as well.

Significant diversification

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

Puhui Wealth Additional Risk Indicators

The analysis of Puhui Wealth'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 Puhui Wealth's investment and either accepting that risk or mitigating it. Along with some common measures of Puhui Wealth 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 Performance0.0096
Market Risk Adjusted Performance0.0051
Mean Deviation4.22
Semi Deviation4.87
Downside Deviation5.12
Coefficient Of Variation94395.54
Standard Deviation6.42
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.

Puhui Wealth 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 Puhui Wealth 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. Puhui Wealth'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, Puhui Wealth'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 Puhui Wealth Investment.
Please check Your Equity Center. Note that the Puhui Wealth Investment information on this page should be used as a complementary analysis to other Puhui Wealth'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 ETF Directory module to find actively traded Exchange Traded Funds (ETF) from around the world.

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