Jetblack Corp Stock Volatility

JTBK Stock  USD 0  0.0004  14.81%   
Jetblack Corp is out of control given 3 months investment horizon. Jetblack Corp holds Efficiency (Sharpe) Ratio of 0.0811, which attests that the entity had a 0.0811% return per unit of risk over the last 3 months. We have analyzed twenty-nine different technical indicators, which can help you to evaluate if expected returns of 1.56% are justified by taking the suggested risk. Use Jetblack Corp Downside Deviation of 19.83, market risk adjusted performance of 0.287, and Risk Adjusted Performance of 0.0548 to evaluate company specific risk that cannot be diversified away. Key indicators related to Jetblack Corp's volatility include:
60 Days Market Risk
Chance Of Distress
60 Days Economic Sensitivity
Jetblack Corp Pink Sheet 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 Jetblack daily returns, and it is calculated using variance and standard deviation. We also use Jetblack's beta, its sensitivity to the market, as well as its odds of financial distress to provide a more practical estimation of Jetblack Corp volatility.
  
Since volatility provides investors with entry points to take advantage of stock prices, companies, such as Jetblack Corp 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 Jetblack Corp at lower prices. For example, an investor can purchase Jetblack 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 Jetblack Corp'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.

Moving against Jetblack Pink Sheet

  0.57MS Morgan Stanley Fiscal Quarter End 31st of March 2024 PairCorr
  0.49SCHW Charles Schwab Corp Sell-off TrendPairCorr
  0.41LUMN Lumen Technologies Financial Report 7th of May 2024 PairCorr

Jetblack Corp Market Sensitivity And Downside Risk

Jetblack Corp's beta coefficient measures the volatility of Jetblack pink sheet 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 Jetblack pink sheet's returns against your selected market. In other words, Jetblack Corp's beta of 5.61 provides an investor with an approximation of how much risk Jetblack Corp pink sheet can potentially add to one of your existing portfolios. Jetblack Corp is showing large volatility of returns over the selected time horizon. Jetblack Corp is a penny stock. Even though Jetblack Corp may be a good instrument to invest, many penny pink sheets are speculative instruments that are subject to artificial stock promotions. Please make sure you fully understand upside and downside scenarios of investing in Jetblack Corp or similar risky assets. We encourage investors to look for signals such as email spams, message board hypes, claims of breakthroughs, volume upswings,sudden promotions and many other similar artificial hype indicators. We also encourage traders to check work history of company executives before investing in high-volatility instruments, penny stocks, or equities with microcap classification. You can indeed make money on Jetblack instrument if you perfectly time your entry and exit. However, remember that penny pink sheets 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 Jetblack Corp Demand Trend
Check current 90 days Jetblack Corp correlation with market (NYSE Composite)

Jetblack Beta

    
  5.61  
Jetblack 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

    
  19.29  
It is essential to understand the difference between upside risk (as represented by Jetblack Corp's standard deviation) and the downside risk, which can be measured by semi-deviation or downside deviation of Jetblack Corp's daily returns or price. Since the actual investment returns on holding a position in jetblack pink sheet 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 Jetblack Corp.

Jetblack Corp Pink Sheet Volatility Analysis

Volatility refers to the frequency at which Jetblack Corp pink sheet price increases or decreases within a specified period. These fluctuations usually indicate the level of risk that's associated with Jetblack Corp's price changes. Investors will then calculate the volatility of Jetblack Corp's pink sheet to predict their future moves. A pink sheet that has erratic price changes quickly hits new highs, and lows are considered highly volatile. A pink sheet with relatively stable price changes has low volatility. A highly volatile pink sheet 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 Jetblack Corp's volatility:

Historical Volatility

This type of pink sheet volatility measures Jetblack Corp's fluctuations based on previous trends. It's commonly used to predict Jetblack Corp's future behavior based on its past. However, it cannot conclusively determine the future direction of the pink sheet.

Implied Volatility

This type of volatility provides a positive outlook on future price fluctuations for Jetblack Corp's current market price. This means that the pink sheet will return to its initially predicted market price. This type of volatility can be derived from derivative instruments written on Jetblack Corp'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. Jetblack 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.

Jetblack Corp Projected Return Density Against Market

Given the investment horizon of 90 days the pink sheet has the beta coefficient of 5.6118 . This indicates as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Jetblack Corp 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 Jetblack Corp 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 Jetblack Corp's price will be affected by overall pink sheet 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 Jetblack pink sheet'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.
Jetblack Corp has an alpha of 0.8537, implying that it can generate a 0.85 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
   Predicted Return Density   
       Returns  
Jetblack Corp's volatility is measured either by using standard deviation or beta. Standard deviation will reflect the average amount of how jetblack 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 a Jetblack Corp 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 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.

Jetblack Corp Pink Sheet Risk Measures

Given the investment horizon of 90 days the coefficient of variation of Jetblack Corp is 1232.59. The daily returns are distributed with a variance of 371.93 and standard deviation of 19.29. The mean deviation of Jetblack Corp is currently at 11.69. For similar time horizon, the selected benchmark (NYSE Composite) has volatility of 0.56
α
Alpha over NYSE Composite
0.85
β
Beta against NYSE Composite5.61
σ
Overall volatility
19.29
Ir
Information ratio 0.07

Jetblack Corp Pink Sheet Return Volatility

Jetblack Corp historical daily return volatility represents how much of Jetblack Corp pink sheet's daily returns swing around its mean - it is a statistical measure of its dispersion of returns. The company inherits 19.2854% risk (volatility on return distribution) over the 90 days horizon. By contrast, NYSE Composite accepts 0.573% volatility on return distribution over the 90 days horizon.
 Performance 
       Timeline  

About Jetblack Corp Volatility

Volatility is a rate at which the price of Jetblack 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 Jetblack Corp may increase or decrease. In other words, similar to Jetblack's beta indicator, it measures the risk of Jetblack Corp and helps estimate the fluctuations that may happen in a short period of time. So if prices of Jetblack 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.
It is seeking strategic minority acquisitions and investments into high-growth sectors to increase assets and shareholder value. Jetblack Corp. was incorporated in 2002 and is based in Portland, Oregon. JETBLACK CORP operates under Capital Markets classification in the United States and is traded on OTC Exchange. It employs 2 people.
Jetblack Corp'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 Jetblack Pink Sheet over a specified period of time, often expressed as the standard deviation of daily returns. In other words, it measures how much Jetblack Corp's price varies over time.

3 ways to utilize Jetblack Corp's volatility to invest better

Higher Jetblack Corp's stock volatility means that the price of its stock is changing rapidly and unpredictably, while lower stock volatility indicates that the price of Jetblack Corp 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. Jetblack Corp 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 Jetblack Corp investment. A higher volatility means higher risk and potentially larger changes in value.
  • Identifying Opportunities: High volatility in Jetblack Corp'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 Jetblack Corp's stock relates to your other investments can help you create a well-diversified portfolio of assets with varying levels of risk.
Remember it's essential to remember that stock volatility is just one of many factors to consider when making investment decisions, and it should be used in conjunction with other fundamental and technical analysis tools.

Jetblack Corp Investment Opportunity

Jetblack Corp has a volatility of 19.29 and is 33.84 times more volatile than NYSE Composite. 96 percent of all equities and portfolios are less risky than Jetblack Corp. You can use Jetblack Corp to enhance the returns of your portfolios. The pink sheet experiences a very speculative upward sentiment. The trend is possibly hyped up. Check odds of Jetblack Corp to be traded at $0.0039 in 90 days.

Average diversification

The correlation between Jetblack Corp and NYA is 0.17 (i.e., Average diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Jetblack Corp and NYA in the same portfolio, assuming nothing else is changed.

Jetblack Corp Additional Risk Indicators

The analysis of Jetblack 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 Jetblack Corp's investment and either accepting that risk or mitigating it. Along with some common measures of Jetblack Corp pink sheet'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.
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential pink sheets, we recommend comparing similar pink sheets with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.

Jetblack 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.
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 Jetblack 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. Jetblack 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, Jetblack 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 Jetblack Corp.
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Jetblack Corp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of labor statistics.
Note that the Jetblack Corp information on this page should be used as a complementary analysis to other Jetblack 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 the Stock Tickers module to use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites.

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When running Jetblack Corp's price analysis, check to measure Jetblack 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 Jetblack Corp is operating at the current time. Most of Jetblack Corp's value examination focuses on studying past and present price action to predict the probability of Jetblack Corp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Jetblack Corp's price. Additionally, you may evaluate how the addition of Jetblack Corp to your portfolios can decrease your overall portfolio volatility.
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Please note, there is a significant difference between Jetblack Corp's value and its price as these two are different measures arrived at by different means. Investors typically determine if Jetblack Corp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Jetblack 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.