Tnl Mediagene Ordinary Stock Volatility
| TNMG Stock | 0.32 0.03 8.57% |
At this point, TNL Mediagene is abnormally volatile. TNL Mediagene Ordinary owns Efficiency Ratio (i.e., Sharpe Ratio) of close to zero, which indicates the firm had a close to zero % return per unit of standard deviation over the last 3 months. We have found twenty-nine technical indicators for TNL Mediagene Ordinary, which you can use to evaluate the volatility of the company. Please validate TNL Mediagene's risk adjusted performance of 0.0152, and Coefficient Of Variation of 10759.74 to confirm if the risk estimate we provide is consistent with the expected return of 0.0218%. Key indicators related to TNL Mediagene's volatility include:
90 Days Market Risk | Chance Of Distress | 90 Days Economic Sensitivity |
TNL Mediagene 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 TNL daily returns, and it is calculated using variance and standard deviation. We also use TNL's beta, its sensitivity to the market, as well as its odds of financial distress to provide a more practical estimation of TNL Mediagene volatility.
Since volatility provides investors with entry points to take advantage of stock prices, companies, such as TNL Mediagene can benefit from it. Downward market volatility can be a perfect environment for investors who play the long game as hey may decide to buy additional stocks of TNL Mediagene at lower prices to lower their average cost per share. Similarly, when the prices of TNL Mediagene's stock rise, investors can sell out and invest the proceeds in other equities with better opportunities.
Moving against TNL Stock
| 0.82 | VSME | VS Media Holdings | PairCorr |
| 0.76 | CCO | Clear Channel Outdoor | PairCorr |
| 0.54 | HHS | Harte Hanks | PairCorr |
| 0.41 | IPG | Interpublic Group Earnings Call Today | PairCorr |
| 0.33 | EDHL | Everbright Digital | PairCorr |
| 0.33 | IAS | Integral Ad Science | PairCorr |
TNL Mediagene Market Sensitivity And Downside Risk
TNL Mediagene's beta coefficient measures the volatility of TNL 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 TNL stock's returns against your selected market. In other words, TNL Mediagene's beta of 4.14 provides an investor with an approximation of how much risk TNL Mediagene stock can potentially add to one of your existing portfolios. TNL Mediagene Ordinary is displaying above-average volatility over the selected time horizon. TNL Mediagene Ordinary is a potential penny stock. Although TNL Mediagene 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 TNL Mediagene Ordinary. 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 TNL 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 TNL Mediagene Ordinary Demand TrendCheck current 90 days TNL Mediagene correlation with market (Dow Jones Industrial)TNL Beta |
TNL 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 | 9.94 |
It is essential to understand the difference between upside risk (as represented by TNL Mediagene's standard deviation) and the downside risk, which can be measured by semi-deviation or downside deviation of TNL Mediagene's daily returns or price. Since the actual investment returns on holding a position in tnl 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 TNL Mediagene.
TNL Mediagene Ordinary Stock Volatility Analysis
Volatility refers to the frequency at which TNL Mediagene stock price increases or decreases within a specified period. These fluctuations usually indicate the level of risk that's associated with TNL Mediagene's price changes. Investors will then calculate the volatility of TNL Mediagene'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 TNL Mediagene's volatility:
Historical Volatility
This type of stock volatility measures TNL Mediagene's fluctuations based on previous trends. It's commonly used to predict TNL Mediagene'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 TNL Mediagene'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 TNL Mediagene'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. TNL Mediagene Ordinary 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.
TNL Mediagene Projected Return Density Against Market
Given the investment horizon of 90 days the stock has the beta coefficient of 4.1363 . This usually implies as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, TNL Mediagene will likely underperform.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 TNL Mediagene or Media 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 TNL Mediagene'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 TNL 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.
TNL Mediagene Ordinary has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the Dow Jones Industrial. Predicted Return Density |
| Returns |
What Drives a TNL Mediagene 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.TNL Mediagene Stock Risk Measures
Given the investment horizon of 90 days the coefficient of variation of TNL Mediagene is 45563.02. The daily returns are distributed with a variance of 98.85 and standard deviation of 9.94. The mean deviation of TNL Mediagene Ordinary is currently at 6.49. For similar time horizon, the selected benchmark (Dow Jones Industrial) has volatility of 0.63
α | Alpha over Dow Jones | -0.12 | |
β | Beta against Dow Jones | 4.14 | |
σ | Overall volatility | 9.94 | |
Ir | Information ratio | 0 |
TNL Mediagene Stock Return Volatility
TNL Mediagene historical daily return volatility represents how much of TNL Mediagene stock's daily returns swing around its mean - it is a statistical measure of its dispersion of returns. The company inherits 9.9421% risk (volatility on return distribution) over the 90 days horizon. By contrast, Dow Jones Industrial accepts 0.6393% volatility on return distribution over the 90 days horizon. Performance |
| Timeline |
About TNL Mediagene Volatility
Volatility is a rate at which the price of TNL Mediagene 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 TNL Mediagene may increase or decrease. In other words, similar to TNL's beta indicator, it measures the risk of TNL Mediagene and helps estimate the fluctuations that may happen in a short period of time. So if prices of TNL Mediagene 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 | ||
| Market Cap | 175.2 M | 155.7 M |
TNL Mediagene'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 TNL Stock over a specified period of time, often expressed as the standard deviation of daily returns. In other words, it measures how much TNL Mediagene's price varies over time.
3 ways to utilize TNL Mediagene's volatility to invest better
Higher TNL Mediagene's stock volatility means that the price of its stock is changing rapidly and unpredictably, while lower stock volatility indicates that the price of TNL Mediagene Ordinary 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. TNL Mediagene Ordinary 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 TNL Mediagene Ordinary investment. A higher volatility means higher risk and potentially larger changes in value.
- Identifying Opportunities: High volatility in TNL Mediagene'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 TNL Mediagene's stock relates to your other investments can help you create a well-diversified portfolio of assets with varying levels of risk.
TNL Mediagene Investment Opportunity
TNL Mediagene Ordinary has a volatility of 9.94 and is 15.53 times more volatile than Dow Jones Industrial. Compared to the overall equity markets, volatility of historical daily returns of TNL Mediagene Ordinary is higher than 89 percent of all global equities and portfolios over the last 90 days. You can use TNL Mediagene Ordinary to protect your portfolios against small market fluctuations. The stock experiences a very speculative upward sentiment. Check odds of TNL Mediagene to be traded at 0.304 in 90 days.Modest diversification
The correlation between TNL Mediagene Ordinary and DJI is 0.27 (i.e., Modest diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding TNL Mediagene Ordinary and DJI in the same portfolio, assuming nothing else is changed.
TNL Mediagene Additional Risk Indicators
The analysis of TNL Mediagene'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 TNL Mediagene's investment and either accepting that risk or mitigating it. Along with some common measures of TNL Mediagene 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 | 0.0152 | |||
| Market Risk Adjusted Performance | 0.0295 | |||
| Mean Deviation | 6.34 | |||
| Semi Deviation | 7.58 | |||
| Downside Deviation | 8.96 | |||
| Coefficient Of Variation | 10759.74 | |||
| Standard Deviation | 9.73 |
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.
TNL Mediagene 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 TNL Mediagene 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. TNL Mediagene'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, TNL Mediagene'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 TNL Mediagene Ordinary.
Complementary Tools for TNL Stock analysis
When running TNL Mediagene's price analysis, check to measure TNL Mediagene'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 TNL Mediagene is operating at the current time. Most of TNL Mediagene's value examination focuses on studying past and present price action to predict the probability of TNL Mediagene's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move TNL Mediagene's price. Additionally, you may evaluate how the addition of TNL Mediagene to your portfolios can decrease your overall portfolio volatility.
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