Asure Stock Volatility

ASUR
 Stock
  

USD 5.68  0.37  6.97%   

Asure Software secures Sharpe Ratio (or Efficiency) of -0.0995, which signifies that the company had -0.0995% of return per unit of risk over the last 3 months. Macroaxis standpoint towards foreseeing the risk of any stock is to look at both systematic and unsystematic factors of the business, including all available market data and technical indicators. Asure Software exposes twenty-eight different technical indicators, which can help you to evaluate volatility that cannot be diversified away. Please be advised to confirm Asure Software risk adjusted performance of (0.1), and Mean Deviation of 1.47 to double-check the risk estimate we provide.
  
Asure Software 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 Asure daily returns, and it is calculated using variance and standard deviation. We also use Asure's beta, its sensitivity to the market, as well as its odds of financial distress to provide a more practical estimation of Asure Software volatility.

30 Days Market Risk

Somewhat reliable

Chance of Distress

Very High

30 Days Economic Sensitivity

Slowly supersedes the market
Since volatility provides investors with entry points to take advantage of stock prices, companies, such as Asure Software 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 Asure Software at lower prices. For example, an investor can purchase Asure 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 Asure Software'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 Asure Software

0.77AEYEAudioeyePairCorr
0.69AGYSAgilysysPairCorr
0.58ALRMAlarmPairCorr
0.51ALKTAlkami TechnologyPairCorr

Asure Software Market Sensitivity And Downside Risk

Asure Software's beta coefficient measures the volatility of Asure 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 Asure stock's returns against your selected market. In other words, Asure Software's beta of 0.28 provides an investor with an approximation of how much risk Asure Software stock can potentially add to one of your existing portfolios.
Asure Software exhibits very low volatility with skewness of -0.1 and kurtosis of 1.3. However, we advise investors to further study Asure Software technical indicators to make sure all market info is available and is reliable. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Asure Software's stock risk against market volatility during both bullying and bearish trends. The higher level of volatility that comes with bear markets can directly impact Asure Software's stock 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.

Asure Software Implied Volatility

Asure Software's implied volatility exposes the market's sentiment of Asure Software stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Asure Software'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 Asure Software stock will not fluctuate a lot when Asure Software's options are near their expiration.
3 Months Beta |Analyze Asure Software Demand Trend
Check current 90 days Asure Software correlation with market (DOW)

Asure Beta

    
  0.28  
Asure 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

    
  2.07  
It is essential to understand the difference between upside risk (as represented by Asure Software's standard deviation) and the downside risk, which can be measured by semi-deviation or downside deviation of Asure Software's daily returns or price. Since the actual investment returns on holding a position in asure 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 Asure Software.

Using Asure Put Option to Manage Risk

Put options written on Asure Software grant holders of the option the right to sell a specified amount of Asure Software at a specified price within a specified time frame. The put buyer has a limited loss and, while not fully unlimited gains, as the price of Asure Stock cannot fall below zero, the put buyer does gain as the price drops. So, one way investors can hedge Asure Software's position is by buying a put option against it. The put option used this way is usually referred to as insurance. If an undesired outcome occurs and loss on holding Asure Software will be realized, the loss incurred will be offset by the profits made with the option trade.

Asure Software's PUT expiring on 2022-08-19

   Profit   
Share
       Asure Software Price At Expiration  

Asure Software Stock Volatility Analysis

Volatility refers to the frequency at which Asure Software stock price increases or decreases within a specified period. These fluctuations usually indicate the level of risk that's associated with Asure Software's price changes. Investors will then calculate the volatility of Asure Software'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 Asure Software's volatility:

Historical Volatility

This type of stock volatility measures Asure Software's fluctuations based on previous trends. It's commonly used to predict Asure Software'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 Asure Software'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. Asure Software 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.
.

Asure Software Projected Return Density Against Market

Given the investment horizon of 90 days Asure Software has a beta of 0.2848 . This suggests as returns on the market go up, Asure Software average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Asure Software 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 Asure Software or Technology 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 Asure Software'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 Asure 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 a negative alpha, implying that the risk taken by holding this instrument is not justified. Asure Software is significantly underperforming DOW.
   Predicted Return Density   
       Returns  
Asure Software's volatility is measured either by using standard deviation or beta. Standard deviation will reflect the average amount of how asure 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 an Asure Software Price Volatility?

Several factors can influence a Stock'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.

Asure Software Stock 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 Asure Software or Technology 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 Asure Software'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 Asure 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 90 days the coefficient of variation of Asure Software is -1005.23. The daily returns are distributed with a variance of 4.29 and standard deviation of 2.07. The mean deviation of Asure Software is currently at 1.5. For similar time horizon, the selected benchmark (DOW) has volatility of 1.25
α
Alpha over DOW
-0.2
β
Beta against DOW0.28
σ
Overall volatility
2.07
Ir
Information ratio -0.13

Asure Software Stock Return Volatility

Asure Software historical daily return volatility represents how much of Asure Software stock's daily returns swing around its mean - it is a statistical measure of its dispersion of returns. The enterprise inherits 2.0703% risk (volatility on return distribution) over the 90 days horizon. By contrast, DOW inherits 1.181% risk (volatility on return distribution) over the 90 days horizon.
 Performance (%) 
       Timeline  

About Asure Software Volatility

Volatility is a rate at which the price of Asure Software 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 Asure Software may increase or decrease. In other words, similar to Asure's beta indicator, it measures the risk of Asure Software and helps estimate the fluctuations that may happen in a short period of time. So if prices of Asure Software 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.
Last ReportedProjected for 2022
Market Capitalization156.4 M127.1 M
Asure Software, Inc. provides cloud-based human capital management solutions the United States. Asure Software, Inc. was incorporated in 1985 and is headquartered in Austin, Texas. Asure Software operates under SoftwareApplication classification in the United States and is traded on NASDAQ Exchange. It employs 508 people.

Asure Software Investment Opportunity

Asure Software has a volatility of 2.07 and is 1.75 times more volatile than DOW. 17  of all equities and portfolios are less risky than Asure Software. Compared to the overall equity markets, volatility of historical daily returns of Asure Software is lower than 17 () of all global equities and portfolios over the last 90 days.
Use Asure Software to enhance the returns of your portfolios. Benchmarks are essential to demonstrate the utility of optimization algorithms. The stock experiences a very speculative upward sentiment. Check odds of Asure Software to be traded at $7.1 in 90 days. .

Average diversification

The correlation between Asure Software and DJI is Average diversification for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Asure Software and DJI in the same portfolio, assuming nothing else is changed.

Asure Software Additional Risk Indicators

The analysis of Asure Software'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 Asure Software's investment and either accepting that risk or mitigating it. Along with some common measures of Asure Software stock'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(0.1)
Market Risk Adjusted Performance(0.60)
Mean Deviation1.47
Coefficient Of Variation(1,226)
Standard Deviation2.02
Variance4.08
Information Ratio(0.13)
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential stocks, we recommend comparing similar stocks with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.

Asure Software 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 Asure Software 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. Asure Software'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, Asure Software'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 Asure Software.
Please continue to Trending Equities. Note that the Asure Software information on this page should be used as a complementary analysis to other Asure Software'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 Piotroski F Score module to get Piotroski F Score based on binary analysis strategy of nine different fundamentals.

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When running Asure Software price analysis, check to measure Asure Software'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 Asure Software is operating at the current time. Most of Asure Software's value examination focuses on studying past and present price action to predict the probability of Asure Software's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Asure Software's price. Additionally, you may evaluate how the addition of Asure Software to your portfolios can decrease your overall portfolio volatility.
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Is Asure Software's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Asure Software. If investors know Asure will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Asure Software listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Market Capitalization
116.6 M
Quarterly Revenue Growth YOY
0.18
Return On Assets
-0.0243
Return On Equity
-0.0525
The market value of Asure Software is measured differently than its book value, which is the value of Asure that is recorded on the company's balance sheet. Investors also form their own opinion of Asure Software's value that differs from its market value or its book value, called intrinsic value, which is Asure Software's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Asure Software's market value can be influenced by many factors that don't directly affect Asure Software's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Asure Software's value and its price as these two are different measures arrived at by different means. Investors typically determine Asure Software value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Asure Software'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.