COCOS BCX Volatility

COCOS
  

USD 0.80  0.02  2.56%   

COCOS BCX is abnormally risky given 3 months investment horizon. COCOS BCX retains Efficiency (Sharpe Ratio) of 0.43, which signifies that digital coin had 0.43% of return per unit of risk over the last 3 months. Our philosophy in foreseeing the volatility of a crypto is to use COCOS BCX market data together with coin specific technical indicators. We were able to break down and interpolate data for twenty different technical indicators, which can help you to evaluate if expected returns of 175.2% are justified by taking the suggested risk. Use COCOS BCX market risk adjusted performance of 257.64, and Standard Deviation of 49101.55 to evaluate coin specific risk that cannot be diversified away.
  
COCOS BCX 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 COCOS daily returns, and it is calculated using variance and standard deviation. We also use COCOS's beta, its sensitivity to the market, as well as its odds of financial distress to provide a more practical estimation of COCOS BCX volatility.

30 Days Market Risk

Abnormally risky

Chance of Distress

Below Average

30 Days Economic Sensitivity

Hyperactively responds to market trends
Since volatility provides cryptocurrency investors with entry points to take advantage of coin prices, projects, such as COCOS BCX 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 COCOS BCX at lower prices. For example, an investor can purchase COCOS 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 COCOS BCX'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.

COCOS BCX Market Sensitivity And Downside Risk

COCOS BCX's beta coefficient measures the volatility of COCOS 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 COCOS crypto coin's returns against your selected market. In other words, COCOS BCX's beta of 95.0 provides an investor with an approximation of how much risk COCOS BCX crypto coin can potentially add to one of your existing portfolios.
COCOS BCX is showing large volatility of returns over the selected time horizon. We encourage all investors to investigate this asset further to make sure related market timing strategies are aligned with all the expectations about COCOS BCX implied risk. COCOS BCX is a potential penny crypto. Although COCOS BCX may be in fact a good instrument to invest, many penny crypto coins are speculative in nature and are subject to artificial price hype. Please make sure you totally understand the upside potential and downside risk of investing in COCOS BCX. We encourage investors to look for the signals such us email spams, message board hypes, claims of breakthroughs, volume upswings, sudden news releases, promotions that are not reported, or demotions released before SEC filings. Please also check biographies and work history of current and past company officers before investing in high volatility instruments, penny stocks, or equities with microcap classification. You can indeed make money on COCOS instrument if you perfectly time your entry and exit. However, remember that penny stocks that have been the subject of an artificial hype usually unable to maintain its increased share price for more than just a few days. The price of a promoted high volatility instrument will almost always revert back. The only way to increase shareholder value is through legitimate performance backed up by solid fundamentals.
3 Months Beta |Analyze COCOS BCX Demand Trend
Check current 90 days COCOS BCX correlation with market (DOW)

COCOS Beta

    
  95.0  
COCOS 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

    
  409.32  
It is essential to understand the difference between upside risk (as represented by COCOS BCX's standard deviation) and the downside risk, which can be measured by semi-deviation or downside deviation of COCOS BCX stock's daily returns or price. Since the actual investment returns on holding a position in COCOS BCX 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 COCOS BCX.

COCOS BCX Crypto Coin Volatility Analysis

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

Historical Volatility

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

COCOS BCX Projected Return Density Against Market

Assuming the 90 days trading horizon the crypto coin has the beta coefficient of 95.0 suggesting as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, COCOS BCX will likely underperform.
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 COCOS BCX 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 COCOS BCX 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 COCOS 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 24476.0767, implying that it can generate a 24476.08 percent excess return over DOW after adjusting for the inherited market risk (beta).
   Predicted Return Density   
       Returns  
COCOS BCX's volatility is measured either by using standard deviation or beta. Standard deviation will reflect the average amount of how COCOS BCX 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.

COCOS BCX 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 COCOS BCX 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 COCOS BCX 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 COCOS 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 COCOS BCX is 233.63. The daily returns are distributed with a variance of 167543.98 and standard deviation of 409.32. The mean deviation of COCOS BCX is currently at 319.28. For similar time horizon, the selected benchmark (DOW) has volatility of 1.25
α
Alpha over DOW
24,476
β
Beta against DOW95.00
σ
Overall volatility
409.32
Ir
Information ratio 0.50

COCOS BCX Crypto Coin Return Volatility

COCOS BCX historical daily return volatility represents how much COCOS BCX stock's price daily returns swing around its mean daily price change - it is a statistical measure of its dispersion of returns. COCOS BCX accepts 409.3214% volatility on return distribution over the 90 days horizon. By contrast, DOW inherits 1.2692% risk (volatility on return distribution) over the 90 days horizon.
 Performance (%) 
       Timeline  

About COCOS BCX Volatility

Volatility is a rate at which the price of COCOS BCX 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 COCOS BCX may increase or decrease. In other words, similar to COCOS's beta indicator, it measures the risk of COCOS BCX and helps estimate the fluctuations that may happen in a short period of time. So if prices of COCOS BCX 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.
COCOS BCX is peer-to-peer digital currency powered by the Blockchain technology. Cocos-BCX39, fully named Cocos BlockChain Expedition39, aims to create an integrated multi-platform runtime environment for games, providing developers with the convenience and completeness in game development, while bringing users a whole new gaming experience, unprecedented gaming status, and with all the assets obtained in the games being wholly owned by the users.At 300 AM on January 19th, 2021 the total amount of COCOS was reduced from 100,000,000,000 to 100,000,000 . The total amount of COCOS held by userswas also reduced accordingly, but the total value corresponding to the total amount of holdings remains unchanged. The contract address has changed from0x0c6f5f7d555e7518f6841a79436bd2b1eef03381to0xc4c7ea4fab34bd9fb9a5e1b1a98df76e26e6407c.Seethe official announcement

COCOS BCX Investment Opportunity

COCOS BCX has a volatility of 409.32 and is 322.3 times more volatile than DOW. 96  of all equities and portfolios are less risky than COCOS BCX. Compared to the overall equity markets, volatility of historical daily returns of COCOS BCX is higher than 96 () of all global equities and portfolios over the last 90 days.
Use COCOS BCX to enhance the returns of your portfolios. Benchmarks are essential to demonstrate the utility of optimization algorithms. The crypto coin experiences an unexpected upward trend. Watch out for market signals. Check odds of COCOS BCX to be traded at $0.96 in 90 days. .

Modest diversification

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

COCOS BCX Additional Risk Indicators

The analysis of COCOS BCX'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 COCOS BCX's investment and either accepting that risk or mitigating it. Along with some common measures of COCOS BCX 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 Performance0.6348
Market Risk Adjusted Performance257.64
Mean Deviation38606.61
Downside Deviation85.95
Coefficient Of Variation200.62
Standard Deviation49101.55
Variance2.41096236455E9
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.

COCOS BCX 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 COCOS BCX 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. COCOS BCX'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, COCOS BCX'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 COCOS BCX.
Continue to Trending Equities. Note that the COCOS BCX information on this page should be used as a complementary analysis to other COCOS BCX'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 Theme Ratings module to determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance.

Other Tools for COCOS Crypto Coin

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