WHELF OTC Stock Volatility

WHELF -  USA Stock  

USD 0.07  0.00  0.00%

Salt Lake is out of control given 3 months investment horizon. Salt Lake Potash owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0939, which indicates the firm had 0.0939% of return per unit of risk over the last 3 months. Our standpoint towards measuring the volatility of a stock is to use Salt Lake Potash market data together with company specific technical indicators. We were able to break down and interpolate twenty-one different technical indicators, which can help you to evaluate if expected returns of 4.72% are justified by taking the suggested risk. Use Salt Lake Potash coefficient of variation of 1081.34, and Risk Adjusted Performance of 0.0862 to evaluate company specific risk that cannot be diversified away.

WHELF Volatility 

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

480 Days Market Risk

Out of control

Chance of Distress

Very High

480 Days Economic Sensitivity

Moves completely opposite to the market
Since volatility provides investors with entry points to take advantage of stock prices, companies, such as Salt Lake 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 Salt Lake at lower prices. For example, an investor can purchase WHELF 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 Salt Lake'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.

Salt Lake Market Sensitivity And Downside Risk

Salt Lake's beta coefficient measures the volatility of WHELF 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 WHELF otc stock's returns against your selected market. In other words, Salt Lake's beta of -3.09 provides an investor with an approximation of how much risk Salt Lake otc stock can potentially add to one of your existing portfolios.
Let's try to break down what WHELF's beta means in this case. As returns on the market increase, returns on owning Salt Lake are expected to decrease by larger amounts. On the other hand, during market turmoil, Salt Lake is expected to outperform it.
3 Months Beta |Analyze Salt Lake Potash Demand Trend
Check current 90 days Salt Lake correlation with market (DOW)

WHELF Beta

    
  -3.09  
WHELF 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

    
  50.23  
It is essential to understand the difference between upside risk (as represented by Salt Lake's standard deviation) and the downside risk, which can be measured by semi-deviation or downside deviation of Salt Lake stock's daily returns or price. Since the actual investment returns on holding a position in Salt Lake 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 Salt Lake.

Salt Lake Potash OTC Stock Volatility Analysis

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

Historical Volatility

This type of stock volatility measures Salt Lake's fluctuations based on previous trends. It's commonly used to predict Salt Lake'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 Salt Lake'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. Salt Lake Typical Price indicator is an average of each day price and can be used instead of closing price when creating different Salt Lake Potash moving average lines. View also all equity analysis or get more info about typical price price transform indicator.

Salt Lake Projected Return Density Against Market

Assuming the 90 days horizon Salt Lake Potash has a beta of -3.0894 . This entails as returns on its benchmark rise, returns on holding Salt Lake Potash are expected to decrease by similarly larger amounts. On the other hand, during market turmoils, Salt Lake 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 Salt Lake or Basic Materials 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 Salt Lake 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 WHELF 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 4.4452, implying that it can generate a 4.45 percent excess return over DOW after adjusting for the inherited market risk (beta).
 Predicted Return Density 
      Returns 
Salt Lake's volatility is measured either by using standard deviation or beta. Standard deviation will reflect the average amount of how Salt Lake 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.

Salt Lake 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 Salt Lake or Basic Materials 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 Salt Lake 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 WHELF 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 Salt Lake is 1064.94. The daily returns are distributed with a variance of 2523.06 and standard deviation of 50.23. The mean deviation of Salt Lake Potash is currently at 16.37. For similar time horizon, the selected benchmark (DOW) has volatility of 0.83
α
Alpha over DOW
4.45
β
Beta against DOW-3.09
σ
Overall volatility
50.23
Ir
Information ratio 0.09

Salt Lake OTC Stock Return Volatility

Salt Lake historical daily return volatility represents how much Salt Lake 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 50.2301% volatility of returns over 90 . By contrast, DOW inherits 0.8317% risk (volatility on return distribution) over the 90 days horizon.
 Performance (%) 
      Timeline 

About Salt Lake Volatility

Volatility is a rate at which the price of Salt Lake 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 Salt Lake may increase or decrease. In other words, similar to WHELF's beta indicator, it measures the risk of Salt Lake and helps estimate the fluctuations that may happen in a short period of time. So if prices of Salt Lake 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.
Salt Lake Potash Limited engages in the exploration and development of resource projects in Australia. Salt Lake Potash Limited was incorporated in 2005 and is based in Perth, Australia. Salt Lake operates under Other Industrial Metals Mining classification in the United States and is traded on OTC Exchange.

Salt Lake Investment Opportunity

Salt Lake Potash has a volatility of 50.23 and is 60.52 times more volatile than DOW. 96  of all equities and portfolios are less risky than Salt Lake. Compared to the overall equity markets, volatility of historical daily returns of Salt Lake Potash is higher than 96 () of all global equities and portfolios over the last 90 days. Use Salt Lake Potash to protect your portfolios against small market fluctuations. The otc stock experiences a normal downward fluctuation but is a risky buy. Check odds of Salt Lake to be traded at $0.0693 in 90 days. . Let's try to break down what WHELF's beta means in this case. As returns on the market increase, returns on owning Salt Lake are expected to decrease by larger amounts. On the other hand, during market turmoil, Salt Lake is expected to outperform it.

Good diversification

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

Salt Lake Additional Risk Indicators

The analysis of Salt Lake'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 Salt Lake's investment and either accepting that risk or mitigating it. Along with some common measures of Salt Lake 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 Performance0.0862
Market Risk Adjusted Performance(1.47)
Mean Deviation15.88
Coefficient Of Variation1081.34
Standard Deviation49.46
Variance2446.09
Information Ratio0.0931
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.

Salt Lake 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.
Sentinelone Inc vs. Salt Lake
Visa vs. Salt Lake
Salesforce vs. Salt Lake
Meta Platforms vs. Salt Lake
Alphabet vs. Salt Lake
Vmware vs. Salt Lake
GM vs. Salt Lake
Microsoft Corp vs. Salt Lake
Walker Dunlop vs. Salt Lake
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 Salt Lake 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. Salt Lake'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, Salt Lake'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 Salt Lake Potash.
Check out Your Current Watchlist. Note that the Salt Lake Potash information on this page should be used as a complementary analysis to other Salt Lake'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 Companies Directory module to evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals.

Complementary Tools for WHELF OTC Stock analysis

When running Salt Lake Potash price analysis, check to measure Salt Lake'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 Salt Lake is operating at the current time. Most of Salt Lake's value examination focuses on studying past and present price action to predict the probability of Salt Lake's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Salt Lake's price. Additionally, you may evaluate how the addition of Salt Lake to your portfolios can decrease your overall portfolio volatility.
Fundamental Analysis
View fundamental data based on most recent published financial statements
Go
Focused Opportunities
Build portfolios using our predefined set of ideas and optimize them against your investing preferences
Go
Headlines Timeline
Stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity
Go
Money Flow Index
Determine momentum by analyzing Money Flow Index and other technical indicators
Go
Price Ceiling Movement
Calculate and plot Price Ceiling Movement for different equity instruments
Go
Theme Ratings
Determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance
Go
Portfolio Optimization
Compute new portfolio that will generate highest expected return given your specified tolerance for risk
Go
Portfolio Holdings
Check your current holdings and cash postion to detemine if your portfolio needs rebalancing
Go
Analyst Recommendations
Analyst recommendations and target price estimates broken down by several categories
Go
Premium Stories
Follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope
Go
Stock Screener
Find equities using custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook.
Go
Portfolio Diagnostics
Use generated alerts and portfolio events aggregator to diagnose current holdings
Go
CEO Directory
Screen CEOs from public companies around the world
Go
Is Salt Lake'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 Salt Lake. If investors know WHELF 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 Salt Lake 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 Salt Lake Potash is measured differently than its book value, which is the value of WHELF that is recorded on the company's balance sheet. Investors also form their own opinion of Salt Lake's value that differs from its market value or its book value, called intrinsic value, which is Salt Lake'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 Salt Lake's market value can be influenced by many factors that don't directly affect Salt Lake'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 Salt Lake's value and its price as these two are different measures arrived at by different means. Investors typically determine Salt Lake value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Salt Lake'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.