Optima Medical Innovations Volatility

Pink Sheet Volatility Analysis

Optima Medical Projected Return Density Against Market

Assuming a 90-day horizon Optima Medical has a beta that is very close to zero . This usually implies the returns on DOW JONES INDUSTRIAL and Optima Medical do not appear to be reactive. It does not look like Optima Medical's alpha can have any bearing on the current valuation. Optima Medical's volatility is measured either by using standard deviation or beta. Standard deviation will reflect the average amount of how optima pink sheet'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 an Optima Medical Price Volatility?

Several factors can influence a pink sheet'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 investor attention to the company. This positive attention may impact the company's stock price. In contrast, product recalls and data breaches may negatively influence a company's stock prices.

Pink Sheet Return Volatility

Optima Medical historical daily return volatility represents how much of Optima Medical pink sheet's daily returns swing around its mean - it is a statistical measure of its dispersion of returns. The company shows 0.0% volatility of returns over 90 trading days. By contrast, Dow Jones Industrial accepts 0.7916% volatility on return distribution over a 90-day horizon.

Related Correlations Analysis

Pair trading with Optima Medical can help investors hedge some company-specific exposure by balancing a long view with an offsetting position. The key question is whether the second leg adds real hedge value instead of just creating a more complex version of the same risk.

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 Optima Medical 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. Optima Medical'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, Optima Medical'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 Optima Medical Innovations.

Optima Medical has a market cap of 1.78 M, operating margin of 9.29%, ROE of -10.39%. Review World Market Map for broader portfolio context. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as various price indices.Analysis related to Optima Medical should be read together with other portfolio and risk tools before capital is reallocated. That is especially important when the goal is to improve the overall mix of instruments already held. You can also try the Equity Search module to search for actively traded equities including funds and ETFs from over 30 global markets.

OTC-traded securities such as Optima Medical require careful evaluation of reporting standards.