The Lottery Stock Volatility
| LTRCF Stock | USD 3.43 0.00 0.00% |
Lottery has Sharpe Ratio of -0.13, which conveys that the firm had a -0.13 % return per unit of risk over the last 3 months. Lottery exposes sixteen different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Lottery's Market Risk Adjusted Performance of (21.34), standard deviation of 0.5948, and Risk Adjusted Performance of (0.10) to check out the risk estimate we provide.
Sharpe Ratio = -0.126
| High Returns | Best Equity | |||
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | LTRCF |
Based on monthly moving average Lottery is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Lottery by adding Lottery to a well-diversified portfolio.
Key indicators related to Lottery's volatility include:90 Days Market Risk | Chance Of Distress | 90 Days Economic Sensitivity |
Lottery 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 Lottery daily returns, and it is calculated using variance and standard deviation. We also use Lottery's beta, its sensitivity to the market, as well as its odds of financial distress to provide a more practical estimation of Lottery volatility.
Lottery |
Since volatility provides investors with entry points to take advantage of stock prices, companies, such as Lottery 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 Lottery at lower prices to lower their average cost per share. Similarly, when the prices of Lottery's stock rise, investors can sell out and invest the proceeds in other equities with better opportunities. Main indicators related to Lottery's market risk premium analysis include:
Beta 0.0046 | Alpha (0.1) | Risk 0.59 | Sharpe Ratio (0.13) | Expected Return (0.07) |
Moving together with Lottery Pink Sheet
| 0.64 | FLUT | Flutter Entertainment plc | PairCorr |
| 0.72 | ARLUF | Aristocrat Leisure | PairCorr |
| 0.86 | LFDJF | La Franaise des | PairCorr |
Moving against Lottery Pink Sheet
| 0.8 | TLKMF | Telkom Indonesia Tbk | PairCorr |
| 0.79 | PPERY | Bank Mandiri Persero | PairCorr |
| 0.74 | TLK | Telkom Indonesia Tbk | PairCorr |
| 0.67 | PTAIY | Astra International Tbk | PairCorr |
| 0.51 | DKNG | DraftKings | PairCorr |
| 0.5 | EC | Ecopetrol SA ADR | PairCorr |
Lottery Market Sensitivity And Downside Risk
Lottery's beta coefficient measures the volatility of Lottery 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 Lottery pink sheet's returns against your selected market. In other words, Lottery's beta of 0.0046 provides an investor with an approximation of how much risk Lottery pink sheet can potentially add to one of your existing portfolios. The Lottery exhibits very low volatility with skewness of -7.58 and kurtosis of 59.17. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Lottery's pink sheet risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact Lottery's pink sheet price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different financial instruments as prices fall.
3 Months Beta |Analyze Lottery Demand TrendCheck current 90 days Lottery correlation with market (Dow Jones Industrial)Lottery Volatility and Downside Risk
Lottery 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.
Lottery Pink Sheet Volatility Analysis
Volatility refers to the frequency at which Lottery pink sheet price increases or decreases within a specified period. These fluctuations usually indicate the level of risk that's associated with Lottery's price changes. Investors will then calculate the volatility of Lottery'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 Lottery's volatility:
Historical Volatility
This type of pink sheet volatility measures Lottery's fluctuations based on previous trends. It's commonly used to predict Lottery'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 Lottery'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 Lottery'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. Lottery 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.
Lottery Projected Return Density Against Market
Assuming the 90 days horizon Lottery has a beta of 0.0046 . This indicates as returns on the market go up, Lottery average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding The Lottery will be expected to be much smaller as well.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 Lottery or Consumer Cyclical 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 Lottery'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 Lottery 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.
The Lottery 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 Lottery 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.Lottery Pink Sheet Risk Measures
Assuming the 90 days horizon the coefficient of variation of Lottery is -793.73. The daily returns are distributed with a variance of 0.35 and standard deviation of 0.59. The mean deviation of The Lottery is currently at 0.15. For similar time horizon, the selected benchmark (Dow Jones Industrial) has volatility of 0.69
α | Alpha over Dow Jones | -0.1 | |
β | Beta against Dow Jones | 0 | |
σ | Overall volatility | 0.59 | |
Ir | Information ratio | -0.32 |
Lottery Pink Sheet Return Volatility
Lottery historical daily return volatility represents how much of Lottery pink sheet's daily returns swing around its mean - it is a statistical measure of its dispersion of returns. The company shows 0.5949% volatility of returns over 90 . By contrast, Dow Jones Industrial accepts 0.6944% volatility on return distribution over the 90 days horizon. Performance |
| Timeline |
Related Correlations Analysis
Correlation Matchups
Over a given time period, the two securities move together when the Correlation Coefficient is positive. Conversely, the two assets move in opposite directions when the Correlation Coefficient is negative. Determining your positions' relationship to each other is valuable for analyzing and projecting your portfolio's future expected return and risk.High positive correlations
| High negative correlations
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Risk-Adjusted Indicators
There is a big difference between Lottery Pink Sheet performing well and Lottery Company doing well as a business compared to the competition. There are so many exceptions to the norm that investors cannot definitively determine what's good or bad unless they analyze Lottery's multiple risk-adjusted performance indicators across the competitive landscape. These indicators are quantitative in nature and help investors forecast volatility and risk-adjusted expected returns across various positions.| Mean Deviation | Jensen Alpha | Sortino Ratio | Treynor Ratio | Semi Deviation | Expected Shortfall | Potential Upside | Value @Risk | Maximum Drawdown | ||
|---|---|---|---|---|---|---|---|---|---|---|
| GIGNY | 1.45 | (0.01) | 0.00 | 0.10 | 0.00 | 2.51 | 33.26 | |||
| GIGNF | 0.35 | (0.19) | 0.00 | (0.59) | 0.00 | 0.00 | 13.59 | |||
| MCHVF | 1.49 | (0.20) | 0.00 | (1.01) | 0.00 | 5.13 | 26.49 | |||
| GOFPY | 1.03 | (0.07) | 0.00 | (0.04) | 0.00 | 1.86 | 6.84 | |||
| GMVHF | 3.02 | (0.31) | 0.00 | (0.19) | 0.00 | 5.64 | 15.33 | |||
| GMVHY | 1.46 | (0.32) | 0.00 | (0.36) | 0.00 | 2.69 | 8.75 | |||
| KGFHF | 1.08 | 0.17 | 0.01 | (0.79) | 1.75 | 3.87 | 20.45 | |||
| LFDJF | 0.74 | (0.27) | 0.00 | 6.54 | 0.00 | 0.93 | 7.36 | |||
| GMWKF | 2.05 | 0.38 | 0.14 | 0.94 | 2.04 | 4.94 | 17.22 | |||
| GRKZF | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
About Lottery Volatility
Volatility is a rate at which the price of Lottery 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 Lottery may increase or decrease. In other words, similar to Lottery's beta indicator, it measures the risk of Lottery and helps estimate the fluctuations that may happen in a short period of time. So if prices of Lottery 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.The Lottery Corporation Limited engages in lottery and keno businesses in Australia. The company was founded in 1881 and is based in Brisbane, Australia. Lottery Corp operates under Gambling classification in the United States and is traded on OTC Exchange.
Lottery'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 Lottery Pink Sheet over a specified period of time, often expressed as the standard deviation of daily returns. In other words, it measures how much Lottery's price varies over time.
3 ways to utilize Lottery's volatility to invest better
Higher Lottery's stock volatility means that the price of its stock is changing rapidly and unpredictably, while lower stock volatility indicates that the price of Lottery 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. Lottery 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 Lottery investment. A higher volatility means higher risk and potentially larger changes in value.
- Identifying Opportunities: High volatility in Lottery'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 Lottery's stock relates to your other investments can help you create a well-diversified portfolio of assets with varying levels of risk.
Lottery Investment Opportunity
Dow Jones Industrial has a standard deviation of returns of 0.69 and is 1.17 times more volatile than The Lottery. Compared to the overall equity markets, volatility of historical daily returns of The Lottery is lower than 5 percent of all global equities and portfolios over the last 90 days. You can use The Lottery to protect your portfolios against small market fluctuations. The pink sheet experiences a normal downward fluctuation but is a risky buy. Check odds of Lottery to be traded at $3.4 in 90 days.Significant diversification
The correlation between The Lottery and DJI is 0.01 (i.e., Significant diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding The Lottery and DJI in the same portfolio, assuming nothing else is changed.
Lottery Additional Risk Indicators
The analysis of Lottery'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 Lottery's investment and either accepting that risk or mitigating it. Along with some common measures of Lottery 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.
| Risk Adjusted Performance | (0.10) | |||
| Market Risk Adjusted Performance | (21.34) | |||
| Mean Deviation | 0.1711 | |||
| Coefficient Of Variation | (674.35) | |||
| Standard Deviation | 0.5948 | |||
| Variance | 0.3537 | |||
| Information Ratio | (0.32) |
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.
Lottery 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.
| Visa vs. Lottery | ||
| Alphabet vs. Lottery | ||
| Microsoft vs. Lottery | ||
| Citigroup vs. Lottery | ||
| GM vs. Lottery | ||
| Ford vs. Lottery | ||
| Dupont De vs. Lottery |
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 Lottery 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. Lottery'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, Lottery'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 The Lottery.
Complementary Tools for Lottery Pink Sheet analysis
When running Lottery's price analysis, check to measure Lottery'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 Lottery is operating at the current time. Most of Lottery's value examination focuses on studying past and present price action to predict the probability of Lottery's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Lottery's price. Additionally, you may evaluate how the addition of Lottery to your portfolios can decrease your overall portfolio volatility.
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