INGEN Volatility

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IGNT -- USA Stock  

USD 0.0001  0.0001  50.00%

INGEN TECHNOLOGIES is out of control given 3 months investment horizon. INGEN TECHNOLOGIES INC holds Efficiency (Sharpe) Ratio of 0.14, which attests that the entity had 0.14% of return per unit of risk over the last 3 months. Our standpoint towards determining the volatility of a stock is to use INGEN TECHNOLOGIES INC market data together with company specific technical indicators. We were able to interpolate twenty-one different technical indicators, which can help you to evaluate if expected returns of 5.3% are justified by taking the suggested risk. Use INGEN TECHNOLOGIES INC semi deviation of 20.38, market risk adjusted performance of 6.19, and risk adjusted performance of 0.2503 to evaluate company specific risk that cannot be diversified away.

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INGEN TECHNOLOGIES OTC 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 INGEN daily returns, and it is calculated using variance and standard deviation. We also use INGEN's beta, its sensitivity to the market, as well as its odds of financial distress to provide a more practical estimation of INGEN TECHNOLOGIES volatility.

90 Days Market Risk

Out of control

Chance of Distress

Close to Average

90 Days Economic Sensitivity

Follows the market closely

INGEN TECHNOLOGIES Market Sensitivity And Downside Risk

INGEN TECHNOLOGIES INC beta coefficient measures the volatility of INGEN stock compared to the systematic risk of the entire stock 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 INGEN stock's returns against your selected market. In other words, INGEN TECHNOLOGIES's beta of 0.82 provides an investor with an approximation of how much risk INGEN TECHNOLOGIES stock can potentially add to one of your existing portfolios. Let's try to break down what INGEN's beta means in this case. As returns on the market increase, INGEN TECHNOLOGIES returns are expected to increase less than the market. However, during the bear market, the loss on holding INGEN TECHNOLOGIES will be expected to be smaller as well.
3 Months Beta |Analyze INGEN TECHNOLOGIES INC Demand Trend
Check current 30 days INGEN TECHNOLOGIES correlation with market (DOW)
β

Current INGEN TECHNOLOGIES Beta Coefficient

 = 

INGEN TECHNOLOGIES Central Daily Price Deviations

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

INGEN TECHNOLOGIES INC Volatility Analysis

Transformation
The output start index for this execution was zero with a total number of output elements of sixty-one. INGEN TECHNOLOGIES Typical Price indicator is an average of each day price and can be used instead of closing price when creating different INGEN TECHNOLOGIES INC moving average lines. View also all equity analysis or get more info about typical price price transform indicator.

INGEN TECHNOLOGIES Projected Return Density Against Market

Given the investment horizon of 30 days, INGEN TECHNOLOGIES has a beta of 0.8173 . This usually indicates as returns on the market go up, INGEN TECHNOLOGIES average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding INGEN TECHNOLOGIES INC will be expected to be much smaller as well. In addition to that, 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 INGEN TECHNOLOGIES or INGEN TECHNOLOGIES INC 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 INGEN TECHNOLOGIES stock'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 INGEN 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. The company has an alpha of 4.9213, implying that it can generate a 4.92 percent excess return over DOW after adjusting for the inherited market risk (beta).
 Predicted Return Density 
      Returns 

INGEN TECHNOLOGIES Risk Measures

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 INGEN TECHNOLOGIES or INGEN TECHNOLOGIES INC 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 INGEN TECHNOLOGIES stock'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 INGEN 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. Given the investment horizon of 30 days, the coefficient of variation of INGEN TECHNOLOGIES is 723.84. The daily returns are destributed with a variance of 1473.31 and standard deviation of 38.38. The mean deviation of INGEN TECHNOLOGIES INC is currently at 24.18. For similar time horizon, the selected benchmark (DOW) has volatility of 1.78
α
Alpha over DOW
=4.92
β
Beta against DOW=0.82
σ
Overall volatility
=38.38
Ir
Information ratio =0.13

INGEN TECHNOLOGIES Return Volatility

INGEN TECHNOLOGIES historical daily return volatility represents how much INGEN TECHNOLOGIES stock's price daily returns swing around its mean daily price change - it is a statistical measure of its dispersion of returns. The firm inherits 38.3837% risk (volatility on return distribution) over the 30 days horizon. By contrast, DOW inherits 1.8046% risk (volatility on return distribution) over the 30 days horizon.
 Performance (%) 
      Timeline 

About INGEN TECHNOLOGIES Volatility

Volatility is a rate at which the price of INGEN TECHNOLOGIES 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 INGEN TECHNOLOGIES may increase or decrease. In other words, similar to INGEN's beta indicator, it measures the risk of INGEN TECHNOLOGIES and helps estimate the fluctuations that may happen in a short period of time. So if prices of INGEN TECHNOLOGIES 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.
Ingen Technologies, Inc., a medical device manufacturing company, manufactures medical products for the respiratory industry in United States. Ingen Technologies, Inc. was founded in 1999 and is based in Riverside, California. INGEN TECHNOLOGIES operates under Medical Devices classification in the United States and is traded on BATS Exchange.

INGEN TECHNOLOGIES Investment Opportunity

INGEN TECHNOLOGIES INC has a volatility of 38.38 and is 21.32 times more volatile than DOW. 96  of all equities and portfolios are less risky than INGEN TECHNOLOGIES. Compared to the overall equity markets, volatility of historical daily returns of INGEN TECHNOLOGIES INC is higher than 96 () of all global equities and portfolios over the last 30 days. Use INGEN TECHNOLOGIES INC to protect your portfolios against small markets fluctuations. The otc stock experiences a very speculative downward sentiment. The market maybe over-reacting. Check odds of INGEN TECHNOLOGIES to be traded at $1.0E-4 in 30 days. . Let's try to break down what INGEN's beta means in this case. As returns on the market increase, INGEN TECHNOLOGIES returns are expected to increase less than the market. However, during the bear market, the loss on holding INGEN TECHNOLOGIES will be expected to be smaller as well.

INGEN TECHNOLOGIES correlation with market

correlation synergy
Significant diversification
Overlapping area represents the amount of risk that can be diversified away by holding INGEN TECHNOLOGIES INC and equity matching DJI index in the same portfolio.

INGEN TECHNOLOGIES Additional Risk Indicators

The analysis of various secondary risk indicators of INGEN TECHNOLOGIES is one of the essential steps in making a buy or sell decision. The process involves identifying the amount of risk involved in INGEN TECHNOLOGIES investment, and either accepting that risk or mitigating it. Along with some common measures of INGEN TECHNOLOGIES stock 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 your existing portfolio. Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential stock investments, we recommend comparing the like to determine which investment holds the most risk.
Risk Adjusted Performance0.2503
Market Risk Adjusted Performance6.19
Mean Deviation23.16
Semi Deviation20.38
Downside Deviation45.44
Coefficient Of Variation740.93
Standard Deviation37.5

INGEN TECHNOLOGIES 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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Please see Risk vs Return Analysis. Please also try Portfolio Manager module to state of the art portfolio manager to monitor and improve performance of your invested capital.
Macroaxis is not a registered investment advisor or broker/dealer. All investments, including stocks, funds, ETFs, or cryptocurrencies, are speculative and involve substantial risk of loss. We encourage our investors to invest carefully. Much of our information is derived directly from data published by companies or submitted to governmental agencies which we believe are reliable, but are without our independent verification. Therefore, we cannot assure you that the information is accurate or complete. We do not in any way warrant or guarantee the success of any action you take in reliance on our statements or recommendations. Also, note that past performance is not necessarily indicative of future results. All investments carry risk, and all investment decisions of an individual remain the responsibility of that individual. There is no guarantee that systems, indicators, or signals will result in profits or that they will not result in losses. All investors are advised to fully understand all risks associated with any investing they choose to do. Hypothetical or simulated performance is not indicative of future results. We make no representations or warranties that any investor will, or is likely to, achieve profits similar to those shown because hypothetical or simulated performance is not necessarily indicative of future results. For more information please visit our terms and condition page