Black Knight Volatility
| BKIDelisted Stock | USD 75.76 0.05 0.07% |
We have found twenty-nine technical indicators for Black Knight, which you can use to evaluate the volatility of the firm. Please confirm Black Knight's risk adjusted performance of 0.1287, and Mean Deviation of 1.02 to double-check if the risk estimate we provide is consistent with the expected return of 0.0%. Key indicators related to Black Knight's volatility include:
30 Days Market Risk | Chance Of Distress | 30 Days Economic Sensitivity |
Black Knight 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 Black daily returns, and it is calculated using variance and standard deviation. We also use Black's beta, its sensitivity to the market, as well as its odds of financial distress to provide a more practical estimation of Black Knight volatility.
Black |
Since volatility provides investors with entry points to take advantage of stock prices, companies, such as Black Knight 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 Black Knight at lower prices. For example, an investor can purchase Black 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 Black Knight'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 Black Stock
| 0.87 | BA | Boeing Earnings Call Tomorrow | PairCorr |
| 0.77 | MCD | McDonalds Earnings Call This Week | PairCorr |
| 0.61 | INTC | Intel Earnings Call This Week | PairCorr |
| 0.58 | JNJ | Johnson Johnson Aggressive Push | PairCorr |
Black Knight Market Sensitivity And Downside Risk
Black Knight's beta coefficient measures the volatility of Black stock compared to the systematic risk of the entire 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 Black stock's returns against your selected market. In other words, Black Knight's beta of -0.013 provides an investor with an approximation of how much risk Black Knight stock can potentially add to one of your existing portfolios. Black Knight exhibits relatively low volatility with skewness of 5.83 and kurtosis of 41.25. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Black Knight's stock risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact Black Knight'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 financial instruments as prices fall.
3 Months Beta |Analyze Black Knight Demand TrendCheck current 90 days Black Knight correlation with market (NYSE Composite)Black Beta |
Black standard deviation measures the daily dispersion of prices over your selected time horizon relative to its mean. A typical volatile entity 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 | 0.0 |
It is essential to understand the difference between upside risk (as represented by Black Knight's standard deviation) and the downside risk, which can be measured by semi-deviation or downside deviation of Black Knight's daily returns or price. Since the actual investment returns on holding a position in black 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 Black Knight.
Black Knight Stock Volatility Analysis
Volatility refers to the frequency at which Black Knight delisted stock price increases or decreases within a specified period. These fluctuations usually indicate the level of risk that's associated with Black Knight's price changes. Investors will then calculate the volatility of Black Knight's stock to predict their future moves. A delisted 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 delisted 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 Black Knight's volatility:
Historical Volatility
This type of delisted stock volatility measures Black Knight's fluctuations based on previous trends. It's commonly used to predict Black Knight'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 Black Knight's current market price. This means that the delisted stock will return to its initially predicted market price. This type of volatility can be derived from derivative instruments written on Black Knight's to be redeemed at a future date.Transformation |
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Black Knight Projected Return Density Against Market
Considering the 90-day investment horizon Black Knight has a beta of -0.013 suggesting as returns on the benchmark increase, returns on holding Black Knight are expected to decrease at a much lower rate. During a bear market, however, Black Knight is likely to outperform the market.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 Black Knight or IT Services 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 Black Knight'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 Black delisted 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.
Black Knight has an alpha of 0.4243, implying that it can generate a 0.42 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta). Predicted Return Density |
| Returns |
What Drives a Black Knight Price Volatility?
Several factors can influence a delisted stock's market 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.Black Knight Stock Return Volatility
Black Knight historical daily return volatility represents how much of Black Knight delisted stock's daily returns swing around its mean - it is a statistical measure of its dispersion of returns. The firm has volatility of 0.0% on return distribution over 90 days investment horizon. By contrast, NYSE Composite accepts 0.637% volatility on return distribution over the 90 days horizon. Performance |
| Timeline |
About Black Knight Volatility
Volatility is a rate at which the price of Black Knight 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 Black Knight may increase or decrease. In other words, similar to Black's beta indicator, it measures the risk of Black Knight and helps estimate the fluctuations that may happen in a short period of time. So if prices of Black Knight 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.Black Knight, Inc. provides integrated software, data, and analytics solutions in North America and Internationally. Black Knight, Inc. was founded in 2013 and is headquartered in Jacksonville, Florida. Black Knight operates under SoftwareApplication classification in the United States and is traded on New York Stock Exchange. It employs 6400 people.
Black Knight's stock volatility refers to the amount of uncertainty or risk involved with the size of changes in its stock's price. It is a statistical measure of the dispersion of returns on Black Stock over a specified period of time, often expressed as the standard deviation of daily returns. In other words, it measures how much Black Knight's price varies over time.
3 ways to utilize Black Knight's volatility to invest better
Higher Black Knight's stock volatility means that the price of its stock is changing rapidly and unpredictably, while lower stock volatility indicates that the price of Black Knight stock is relatively stable. Investors and traders use stock volatility as an indicator of risk and potential reward, as stocks with higher volatility can offer the potential for more significant returns but also come with a greater risk of losses. Black Knight stock volatility can provide helpful information for making investment decisions in the following ways:- Measuring Risk: Volatility can be used as a measure of risk, which can help you determine the potential fluctuations in the value of Black Knight investment. A higher volatility means higher risk and potentially larger changes in value.
- Identifying Opportunities: High volatility in Black Knight's stock can indicate that there is potential for significant price movements, either up or down, which could present investment opportunities.
- Diversification: Understanding how the volatility of Black Knight's stock relates to your other investments can help you create a well-diversified portfolio of assets with varying levels of risk.
Black Knight Investment Opportunity
NYSE Composite has a standard deviation of returns of 0.64 and is 9.223372036854776E16 times more volatile than Black Knight. 0 percent of all equities and portfolios are less risky than Black Knight. You can use Black Knight to protect your portfolios against small market fluctuations. The stock experiences a normal downward trend and little activity. Check odds of Black Knight to be traded at $75.0 in 90 days.Black Knight Additional Risk Indicators
The analysis of Black Knight'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 Black Knight's investment and either accepting that risk or mitigating it. Along with some common measures of Black Knight 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 | 0.1287 | |||
| Market Risk Adjusted Performance | (32.55) | |||
| Mean Deviation | 1.02 | |||
| Downside Deviation | 0.7576 | |||
| Coefficient Of Variation | 506.94 | |||
| Standard Deviation | 2.2 | |||
| Variance | 4.82 |
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 delisted stocks with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.
Black Knight 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 Black Knight 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. Black Knight'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, Black Knight'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 Black Knight.
Check out Trending Equities to better understand how to build diversified portfolios. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in industry. You can also try the Portfolio Suggestion module to get suggestions outside of your existing asset allocation including your own model portfolios.
Other Consideration for investing in Black Stock
If you are still planning to invest in Black Knight check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Black Knight's history and understand the potential risks before investing.
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