1847 Goedeker Stock Volatility

GOED -  USA Stock  

USD 1.52  0.08  5.00%

1847 Goedeker retains Efficiency (Sharpe Ratio) of -0.0417, which signifies that the company had -0.0417% of return per unit of price deviation over the last 3 months. Macroaxis outlook to 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. 1847 Goedeker exposes twenty-one different technical indicators, which can help you to evaluate volatility that cannot be diversified away. Please be advised to confirm 1847 Goedeker Coefficient Of Variation of (1,080), market risk adjusted performance of (0.27), and Standard Deviation of 5.09 to double-check the risk estimate we provide.
  
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1847 Goedeker 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 1847 Goedeker daily returns, and it is calculated using variance and standard deviation. We also use 1847 Goedeker's beta, its sensitivity to the market, as well as its odds of financial distress to provide a more practical estimation of 1847 Goedeker volatility.

90 Days Market Risk

Dangerous

Chance of Distress

Quite High

90 Days Economic Sensitivity

Actively responds to the market
Since volatility provides investors with entry points to take advantage of stock prices, companies, such as 1847 Goedeker 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 1847 Goedeker at lower prices. For example, an investor can purchase 1847 Goedeker 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 1847 Goedeker'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.

1847 Goedeker Market Sensitivity And Downside Risk

1847 Goedeker's beta coefficient measures the volatility of 1847 Goedeker 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 1847 Goedeker stock's returns against your selected market. In other words, 1847 Goedeker's beta of 1.72 provides an investor with an approximation of how much risk 1847 Goedeker stock can potentially add to one of your existing portfolios.
Let's try to break down what 1847 Goedeker's beta means in this case. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, 1847 Goedeker will likely underperform.
3 Months Beta |Analyze 1847 Goedeker Demand Trend
Check current 90 days 1847 Goedeker correlation with market (DOW)

1847 Goedeker Beta

    
  1.72  
1847 Goedeker 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

    
  5.06  
It is essential to understand the difference between upside risk (as represented by 1847 Goedeker's standard deviation) and the downside risk, which can be measured by semi-deviation or downside deviation of 1847 Goedeker stock's daily returns or price. Since the actual investment returns on holding a position in 1847 Goedeker 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 1847 Goedeker.

1847 Goedeker Implied Volatility

    
  0.0  
1847 Goedeker's implied volatility exposes the market's sentiment of 1847 Goedeker stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if 1847 Goedeker'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 1847 Goedeker stock will not fluctuate a lot when 1847 Goedeker's options are near their expiration.

1847 Goedeker Stock Volatility Analysis

Volatility refers to the frequency at which 1847 Goedeker stock price increases or decreases within a specified period. These fluctuations usually indicate the level of risk that's associated with 1847 Goedeker's price changes. Investors will then calculate the volatility of 1847 Goedeker'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 1847 Goedeker's volatility:

Historical Volatility

This type of stock volatility measures 1847 Goedeker's fluctuations based on previous trends. It's commonly used to predict 1847 Goedeker'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 1847 Goedeker'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. 1847 Goedeker 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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1847 Goedeker Projected Return Density Against Market

Given the investment horizon of 90 days the stock has the beta coefficient of 1.7243 . This usually indicates as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, 1847 Goedeker 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 1847 Goedeker 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 1847 Goedeker 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 1847 Goedeker 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. 1847 Goedeker is significantly underperforming DOW.
 Predicted Return Density 
      Returns 
1847 Goedeker's volatility is measured either by using standard deviation or beta. Standard deviation will reflect the average amount of how 1847 Goedeker 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.

1847 Goedeker 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 1847 Goedeker 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 1847 Goedeker 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 1847 Goedeker 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 1847 Goedeker is -2399.08. The daily returns are distributed with a variance of 25.63 and standard deviation of 5.06. The mean deviation of 1847 Goedeker is currently at 4.04. For similar time horizon, the selected benchmark (DOW) has volatility of 1.35
α
Alpha over DOW
-0.19
β
Beta against DOW1.72
σ
Overall volatility
5.06
Ir
Information ratio -0.06

1847 Goedeker Stock Return Volatility

1847 Goedeker historical daily return volatility represents how much 1847 Goedeker 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 5.0624% risk (volatility on return distribution) over the 90 days horizon. By contrast, DOW inherits 1.3516% risk (volatility on return distribution) over the 90 days horizon.
 Performance (%) 
      Timeline 

About 1847 Goedeker Volatility

Volatility is a rate at which the price of 1847 Goedeker 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 1847 Goedeker may increase or decrease. In other words, similar to 1847 Goedeker's beta indicator, it measures the risk of 1847 Goedeker and helps estimate the fluctuations that may happen in a short period of time. So if prices of 1847 Goedeker 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 Capitalization255.3 M223.2 M
1847 Goedeker Inc. operates an e-commerce platform for appliances, furniture, and home goods in the United States. In addition, the company provides appliance installation services and old appliance removal services. 1847 Goedeker Inc. was founded in 1951 and is headquartered in Brooklyn, New York. 1847 Goedeker operates under Internet Retail classification in the United States and is traded on NYSEMKT Exchange. It employs 482 people.

Nearest 1847 Goedeker long PUT Option Payoff at Expiration

1847 Goedeker's implied volatility is one of the determining factors in the pricing options written on 1847 Goedeker. Implied volatility approximates the future value of 1847 Goedekerusing the option's current value. Options with high implied volatility have higher premiums and can be used to hedge the downside of investing in 1847 Goedeker over a specific time period.
View All 1847 Goedeker options
2022-06-17 PUT at $2.5 is a PUT option contract on 1847 Goedeker's common stock with a strick price of 2.5 expiring on 2022-06-17. The contract was not traded in recent days and, as of today, has 27 days remaining before the expiration. The option is currently trading at a bid price of $0.9, and an ask price of $1.2. The implied volatility as of the 20th of May is 172.2016.
 Profit 
Share
      1847 Goedeker Price At Expiration 

1847 Goedeker Investment Opportunity

1847 Goedeker has a volatility of 5.06 and is 3.75 times more volatile than DOW. 43  of all equities and portfolios are less risky than 1847 Goedeker. Compared to the overall equity markets, volatility of historical daily returns of 1847 Goedeker is lower than 43 () of all global equities and portfolios over the last 90 days. Use 1847 Goedeker to protect your portfolios against small market fluctuations. The stock experiences a very speculative upward sentiment. Check odds of 1847 Goedeker to be traded at $1.444 in 90 days. . Let's try to break down what 1847 Goedeker's beta means in this case. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, 1847 Goedeker will likely underperform.

Very weak diversification

The correlation between 1847 Goedeker and DJI is Very weak diversification for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding 1847 Goedeker and DJI in the same portfolio, assuming nothing else is changed.

1847 Goedeker Additional Risk Indicators

The analysis of 1847 Goedeker'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 1847 Goedeker's investment and either accepting that risk or mitigating it. Along with some common measures of 1847 Goedeker 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 Performance(0.12)
Market Risk Adjusted Performance(0.27)
Mean Deviation4.1
Coefficient Of Variation(1,080)
Standard Deviation5.09
Variance25.95
Information Ratio(0.06)
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.

1847 Goedeker 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 1847 Goedeker 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. 1847 Goedeker'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, 1847 Goedeker'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 1847 Goedeker.
Please check Risk vs Return Analysis. Note that the 1847 Goedeker information on this page should be used as a complementary analysis to other 1847 Goedeker'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 Idea Breakdown module to analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes.

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Is 1847 Goedeker'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 1847 Goedeker. If investors know 1847 Goedeker 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 1847 Goedeker listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of 1847 Goedeker is measured differently than its book value, which is the value of 1847 Goedeker that is recorded on the company's balance sheet. Investors also form their own opinion of 1847 Goedeker's value that differs from its market value or its book value, called intrinsic value, which is 1847 Goedeker'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 1847 Goedeker's market value can be influenced by many factors that don't directly affect 1847 Goedeker'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 1847 Goedeker's value and its price as these two are different measures arrived at by different means. Investors typically determine 1847 Goedeker value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, 1847 Goedeker'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.