My Neighbor Volatility

ALICE
  

USD 2.94  0.05  1.73%   

We consider My Neighbor unusually volatile. My Neighbor Alice retains Efficiency (Sharpe Ratio) of 0.0166, which conveys that digital coin had 0.0166% of return per unit of price deviation over the last 3 months. Our standpoint towards estimating the volatility of a crypto is to use all available market data together with crypto-specific technical indicators that cannot be diversified away. We have found twenty-one technical indicators for My Neighbor, which you can use to evaluate the future volatility of coin. Please verify My Neighbor Alice Mean Deviation of 5.33, standard deviation of 7.36, and Market Risk Adjusted Performance of 3.45 to check out if the risk estimate we provide is consistent with the expected return of 0.12%.
  
My Neighbor Crypto Coin 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 ALICE daily returns, and it is calculated using variance and standard deviation. We also use ALICE's beta, its sensitivity to the market, as well as its odds of financial distress to provide a more practical estimation of My Neighbor volatility.

30 Days Market Risk

Unusually volatile

Chance of Distress

Above Average

30 Days Economic Sensitivity

Barely shadows the market
Since volatility provides cryptocurrency investors with entry points to take advantage of coin prices, projects, such as My Neighbor can benefit from it. Downward market volatility can be a perfect environment for traders who play the long game. Here, they may decide to buy additional shares of My Neighbor at lower prices. For example, an investor can purchase ALICE coin 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 My Neighbor's crypto rises, investors can sell out and invest the proceeds in other coins with better opportunities. Investing when markets are volatile with better valuations will accord both investors and defi or crypto projects the opportunity to generate better long-term returns.

Moving together with My Neighbor

0.87XRPXRPPairCorr
0.76SOLSolanaPairCorr
0.8AVAXAvalanchePairCorr
0.83DOTPolkadotPairCorr

My Neighbor Market Sensitivity And Downside Risk

My Neighbor's beta coefficient measures the volatility of ALICE crypto coin 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 ALICE crypto coin's returns against your selected market. In other words, My Neighbor's beta of 0.12 provides an investor with an approximation of how much risk My Neighbor crypto coin can potentially add to one of your existing portfolios.
My Neighbor Alice is displaying above-average volatility over the selected time horizon. Investors should scrutinize My Neighbor Alice independently to ensure intended market timing strategies are aligned with expectations about My Neighbor volatility. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure My Neighbor's crypto coin risk against market volatility during both bullying and bearish trends. The higher level of volatility that comes with bear markets can directly impact My Neighbor's crypto coin price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different stocks as prices fall.

My Neighbor Implied Volatility

My Neighbor's implied volatility exposes the market's sentiment of My Neighbor Alice stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if My Neighbor's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that My Neighbor stock will not fluctuate a lot when My Neighbor's options are near their expiration.
3 Months Beta |Analyze My Neighbor Alice Demand Trend
Check current 90 days My Neighbor correlation with market (DOW)

ALICE Beta

    
  0.12  
ALICE standard deviation measures the daily dispersion of prices over your selected time horizon relative to its mean. Typical volatile equity 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

    
  6.93  
It is essential to understand the difference between upside risk (as represented by My Neighbor's standard deviation) and the downside risk, which can be measured by semi-deviation or downside deviation of My Neighbor stock's daily returns or price. Since the actual investment returns on holding a position in My Neighbor 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 My Neighbor.

My Neighbor Alice Crypto Coin Volatility Analysis

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

Historical Volatility

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

Implied Volatility

This type of volatility provides a positive outlook on future price fluctuations for My Neighbor's current market price. This means that the stock will return to its initially predicted market price.
Transformation
The output start index for this execution was zero with a total number of output elements of sixty-one. My Neighbor Alice 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.
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My Neighbor Projected Return Density Against Market

Assuming the 90 days trading horizon My Neighbor has a beta of 0.1204 . This suggests as returns on the market go up, My Neighbor average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding My Neighbor Alice 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 My Neighbor or Blockchain 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 My Neighbor 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 ALICE 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 0.4055, implying that it can generate a 0.41 percent excess return over DOW after adjusting for the inherited market risk (beta).
   Predicted Return Density   
       Returns  
My Neighbor's volatility is measured either by using standard deviation or beta. Standard deviation will reflect the average amount of how My Neighbor stock'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 Company's Stock Price Volatility?

Several factors can influence a company's stock 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.

My Neighbor Crypto Coin 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 My Neighbor or Blockchain 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 My Neighbor 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 ALICE 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.
Assuming the 90 days trading horizon the coefficient of variation of My Neighbor is 6009.4. The daily returns are distributed with a variance of 47.98 and standard deviation of 6.93. The mean deviation of My Neighbor Alice is currently at 5.05. For similar time horizon, the selected benchmark (DOW) has volatility of 1.25
α
Alpha over DOW
0.41
β
Beta against DOW0.12
σ
Overall volatility
6.93
Ir
Information ratio 0.0466

My Neighbor Crypto Coin Return Volatility

My Neighbor historical daily return volatility represents how much My Neighbor stock's price daily returns swing around its mean daily price change - it is a statistical measure of its dispersion of returns. My Neighbor Alice accepts 6.927% volatility on return distribution over the 90 days horizon. By contrast, DOW inherits 1.2509% risk (volatility on return distribution) over the 90 days horizon.
 Performance (%) 
       Timeline  

About My Neighbor Volatility

Volatility is a rate at which the price of My Neighbor 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 My Neighbor may increase or decrease. In other words, similar to ALICE's beta indicator, it measures the risk of My Neighbor and helps estimate the fluctuations that may happen in a short period of time. So if prices of My Neighbor 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.
My Neighbor Alice is peer-to-peer digital currency powered by the Blockchain technology. My Neighbor Alice is a multiplayer builder game, where anyone can buy and own virtual islands, collect and build exciting items and meet new friends. Inspired by successful games such as Animal Crossing, the game combines the best of the two worlds - a fun narrative for regular players who want to enjoy the gameplay experience as well as an ecosystem for players who want to collect and trade NFTs, even if they have no idea what an NFT is.Telegram YouTubeWhitepaper

My Neighbor Investment Opportunity

My Neighbor Alice has a volatility of 6.93 and is 5.54 times more volatile than DOW. 60  of all equities and portfolios are less risky than My Neighbor. Compared to the overall equity markets, volatility of historical daily returns of My Neighbor Alice is higher than 60 () of all global equities and portfolios over the last 90 days.
Use My Neighbor Alice to enhance the returns of your portfolios. Benchmarks are essential to demonstrate the utility of optimization algorithms. The crypto coin experiences a large bullish trend. Check odds of My Neighbor to be traded at $3.23 in 90 days. .

Significant diversification

The correlation between My Neighbor Alice and DJI is Significant diversification for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding My Neighbor Alice and DJI in the same portfolio, assuming nothing else is changed.
Please note that My Neighbor Alice is a digital instrument and cryptocurrency exchanges were notoriously volatile since the beginning of their establishment.

My Neighbor Additional Risk Indicators

The analysis of My Neighbor'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 My Neighbor's investment and either accepting that risk or mitigating it. Along with some common measures of My Neighbor 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 the risk of your existing portfolios.
Risk Adjusted Performance0.0804
Market Risk Adjusted Performance3.45
Mean Deviation5.33
Semi Deviation6.88
Downside Deviation7.41
Coefficient Of Variation1735.9
Standard Deviation7.36
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 similar equities with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.

My Neighbor 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 My Neighbor 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. My Neighbor'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, My Neighbor'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 My Neighbor Alice.
Please continue to Trending Equities. Note that the My Neighbor Alice information on this page should be used as a complementary analysis to other My Neighbor'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 Portfolio File Import module to quickly import all of your third-party portfolios from your local drive in csv format.

Other Tools for ALICE Crypto Coin

When running My Neighbor Alice price analysis, check to measure My Neighbor'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 My Neighbor is operating at the current time. Most of My Neighbor's value examination focuses on studying past and present price action to predict the probability of My Neighbor's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move My Neighbor's price. Additionally, you may evaluate how the addition of My Neighbor to your portfolios can decrease your overall portfolio volatility.
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