Cal Dive International Stock Volatility
| CDVIQ Stock | USD 0.0001 0.00 0.00% |
Cal Dive International secures Sharpe Ratio (or Efficiency) of 0.13, which signifies that the company had a 0.13 % return per unit of risk over the last 3 months. We were able to collect and analyze data for three different technical indicators, which can help you to evaluate if expected returns of 15.87% are justified by taking the suggested risk. Key indicators related to Cal Dive's volatility include:
90 Days Market Risk | Chance Of Distress | 90 Days Economic Sensitivity |
Cal Dive 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 Cal daily returns, and it is calculated using variance and standard deviation. We also use Cal's beta, its sensitivity to the market, as well as its odds of financial distress to provide a more practical estimation of Cal Dive volatility.
Cal |
Cal Dive International Pink Sheet Volatility Analysis
Volatility refers to the frequency at which Cal Dive pink sheet price increases or decreases within a specified period. These fluctuations usually indicate the level of risk that's associated with Cal Dive's price changes. Investors will then calculate the volatility of Cal Dive'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 Cal Dive's volatility:
Historical Volatility
This type of pink sheet volatility measures Cal Dive's fluctuations based on previous trends. It's commonly used to predict Cal Dive'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 Cal Dive'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 Cal Dive'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. Cal Dive International 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.
Cal Dive Projected Return Density Against Market
Assuming the 90 days horizon Cal Dive has a beta that is very close to zero suggesting the returns on DOW JONES INDUSTRIAL and Cal Dive do not appear to be sensible.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 Cal Dive or Energy Equipment & 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 Cal Dive'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 Cal 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.
It does not look like Cal Dive's alpha can have any bearing on the current valuation. Predicted Return Density |
| Returns |
What Drives a Cal Dive 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.Cal Dive Pink Sheet Risk Measures
Assuming the 90 days horizon the coefficient of variation of Cal Dive is 793.73. The daily returns are distributed with a variance of 15873.02 and standard deviation of 125.99. The mean deviation of Cal Dive International is currently at 31.24. For similar time horizon, the selected benchmark (Dow Jones Industrial) has volatility of 0.64
α | Alpha over Dow Jones | 0.00 | |
β | Beta against Dow Jones | 0.00 | |
σ | Overall volatility | 125.99 | |
Ir | Information ratio | 0.00 |
Cal Dive Pink Sheet Return Volatility
Cal Dive historical daily return volatility represents how much of Cal Dive pink sheet's daily returns swing around its mean - it is a statistical measure of its dispersion of returns. The enterprise shows 125.9882% volatility of returns over 90 . By contrast, Dow Jones Industrial accepts 0.6392% volatility on return distribution over the 90 days horizon. Performance |
| Timeline |
About Cal Dive Volatility
Volatility is a rate at which the price of Cal Dive 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 Cal Dive may increase or decrease. In other words, similar to Cal's beta indicator, it measures the risk of Cal Dive and helps estimate the fluctuations that may happen in a short period of time. So if prices of Cal Dive 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.Cal Dive International, Inc. operates as a marine contractor that provides manned diving, pipelay and pipe burial, platform installation and salvage, and light well intervention services to the offshore oil and natural gas industry. On March 3, 2015, Cal Dive International, Inc., along with its affiliates, filed a voluntary petition for reorganization under Chapter 11 in the United States Bankruptcy Court for the District of Delaware. CAL DIVE operates under Oil Gas Equipment Services classification in the United States and is traded on PNK Exchange. It employs 1550 people.
Cal Dive'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 Cal Pink Sheet over a specified period of time, often expressed as the standard deviation of daily returns. In other words, it measures how much Cal Dive's price varies over time.
3 ways to utilize Cal Dive's volatility to invest better
Higher Cal Dive's stock volatility means that the price of its stock is changing rapidly and unpredictably, while lower stock volatility indicates that the price of Cal Dive International 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. Cal Dive International 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 Cal Dive International investment. A higher volatility means higher risk and potentially larger changes in value.
- Identifying Opportunities: High volatility in Cal Dive'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 Cal Dive's stock relates to your other investments can help you create a well-diversified portfolio of assets with varying levels of risk.
Cal Dive Investment Opportunity
Cal Dive International has a volatility of 125.99 and is 196.86 times more volatile than Dow Jones Industrial. 96 percent of all equities and portfolios are less risky than Cal Dive. You can use Cal Dive International to protect your portfolios against small market fluctuations. The pink sheet experiences a normal downward fluctuation but is a risky buy. Check odds of Cal Dive to be traded at $1.0E-4 in 90 days.Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
Cal Dive 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 Cal Dive 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. Cal Dive'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, Cal Dive'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 Cal Dive International.
Additional Tools for Cal Pink Sheet Analysis
When running Cal Dive's price analysis, check to measure Cal Dive'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 Cal Dive is operating at the current time. Most of Cal Dive's value examination focuses on studying past and present price action to predict the probability of Cal Dive's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Cal Dive's price. Additionally, you may evaluate how the addition of Cal Dive to your portfolios can decrease your overall portfolio volatility.