111 Inc Stock Volatility
| YI Stock | USD 1.12 0.07 6.67% |
111 Inc retains Efficiency (Sharpe Ratio) of -0.0683, which signifies that the company had a -0.0683% return per unit of price deviation over the last 3 months. 111 exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm 111's Market Risk Adjusted Performance of (0.18), variance of 23.84, and Information Ratio of (0.08) to double-check the risk estimate we provide. Key indicators related to 111's volatility include:
60 Days Market Risk | Chance Of Distress | 60 Days Economic Sensitivity |
111 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 111 daily returns, and it is calculated using variance and standard deviation. We also use 111's beta, its sensitivity to the market, as well as its odds of financial distress to provide a more practical estimation of 111 volatility.
111 |
Since volatility provides investors with entry points to take advantage of stock prices, companies, such as 111 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 111 at lower prices. For example, an investor can purchase 111 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 111'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 together with 111 Stock
Moving against 111 Stock
| 0.76 | ANDE | Andersons Earnings Call This Week | PairCorr |
| 0.74 | HITI | High Tide | PairCorr |
| 0.58 | KR | Kroger Company Financial Report 20th of June 2024 | PairCorr |
| 0.57 | SFM | Sprouts Farmers Market Upward Rally | PairCorr |
| 0.52 | BJ | BJs Wholesale Club Sell-off Trend | PairCorr |
| 0.44 | AVO | Mission Produce Financial Report 13th of June 2024 | PairCorr |
111 Market Sensitivity And Downside Risk
111's beta coefficient measures the volatility of 111 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 111 stock's returns against your selected market. In other words, 111's beta of 1.85 provides an investor with an approximation of how much risk 111 stock can potentially add to one of your existing portfolios. 111 Inc exhibits very low volatility with skewness of -0.95 and kurtosis of 4.96. 111 Inc is a potential penny stock. Although 111 may be in fact a good instrument to invest, many penny stocks 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 111 Inc. We encourage investors to look for signals such as 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 111 instrument if you perfectly time your entry and exit. However, remember that penny stocks that have been the subject of artificial hype usually unable to maintain their 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 111 Inc Demand TrendCheck current 90 days 111 correlation with market (NYSE Composite)111 Beta |
111 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 | 4.88 |
It is essential to understand the difference between upside risk (as represented by 111's standard deviation) and the downside risk, which can be measured by semi-deviation or downside deviation of 111's daily returns or price. Since the actual investment returns on holding a position in 111 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 111.
111 Inc Stock Volatility Analysis
Volatility refers to the frequency at which 111 stock price increases or decreases within a specified period. These fluctuations usually indicate the level of risk that's associated with 111's price changes. Investors will then calculate the volatility of 111'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 111's volatility:
Historical Volatility
This type of stock volatility measures 111's fluctuations based on previous trends. It's commonly used to predict 111'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 111's current market price. This means that the stock will return to its initially predicted market price. This type of volatility can be derived from derivative instruments written on 111's to be redeemed at a future date.Transformation |
The output start index for this execution was zero with a total number of output elements of sixty-one. 111 Inc 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.
111 Projected Return Density Against Market
Allowing for the 90-day total investment horizon the stock has the beta coefficient of 1.8452 . This entails as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, 111 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 111 or Consumer Staples Distribution & Retail 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 111'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 111 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.
111 Inc has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite. Predicted Return Density |
| Returns |
What Drives a 111 Price Volatility?
Several factors can influence a 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.111 Stock Risk Measures
Allowing for the 90-day total investment horizon the coefficient of variation of 111 is -1464.88. The daily returns are distributed with a variance of 23.84 and standard deviation of 4.88. The mean deviation of 111 Inc is currently at 3.42. For similar time horizon, the selected benchmark (NYSE Composite) has volatility of 0.64
α | Alpha over NYSE Composite | -0.43 | |
β | Beta against NYSE Composite | 1.85 | |
σ | Overall volatility | 4.88 | |
Ir | Information ratio | -0.08 |
111 Stock Return Volatility
111 historical daily return volatility represents how much of 111 stock's daily returns swing around its mean - it is a statistical measure of its dispersion of returns. The firm accepts 4.8823% volatility on return distribution over the 90 days horizon. By contrast, NYSE Composite accepts 0.6266% volatility on return distribution over the 90 days horizon. Performance |
| Timeline |
About 111 Volatility
Volatility is a rate at which the price of 111 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 111 may increase or decrease. In other words, similar to 111's beta indicator, it measures the risk of 111 and helps estimate the fluctuations that may happen in a short period of time. So if prices of 111 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.111, Inc. operates an integrated online and offline platform in the healthcare market in the Peoples Republic of China. The company was formerly known as New Peak Group and changed its name to 111, Inc. in April 2018. 111, Inc. was founded in 2010 and is headquartered in Shanghai, the Peoples Republic of China. 111 Inc operates under Pharmaceutical Retailers classification in the United States and is traded on NASDAQ Exchange. It employs 2114 people.
111'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 111 Stock over a specified period of time, often expressed as the standard deviation of daily returns. In other words, it measures how much 111's price varies over time.
3 ways to utilize 111's volatility to invest better
Higher 111's stock volatility means that the price of its stock is changing rapidly and unpredictably, while lower stock volatility indicates that the price of 111 Inc 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. 111 Inc 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 111 Inc investment. A higher volatility means higher risk and potentially larger changes in value.
- Identifying Opportunities: High volatility in 111'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 111's stock relates to your other investments can help you create a well-diversified portfolio of assets with varying levels of risk.
111 Investment Opportunity
111 Inc has a volatility of 4.88 and is 7.75 times more volatile than NYSE Composite. 43 percent of all equities and portfolios are less risky than 111. You can use 111 Inc to enhance the returns of your portfolios. The stock experiences a very speculative upward sentiment. Check odds of 111 to be traded at $1.4 in 90 days.Modest diversification
The correlation between 111 Inc and NYA is 0.25 (i.e., Modest diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding 111 Inc and NYA in the same portfolio, assuming nothing else is changed.
111 Additional Risk Indicators
The analysis of 111'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 111's investment and either accepting that risk or mitigating it. Along with some common measures of 111 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 | (0.04) | |||
| Market Risk Adjusted Performance | (0.18) | |||
| Mean Deviation | 3.42 | |||
| Coefficient Of Variation | (1,465) | |||
| Standard Deviation | 4.88 | |||
| Variance | 23.84 | |||
| Information Ratio | (0.08) |
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.
111 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 111 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. 111'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, 111'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 111 Inc.
When determining whether 111 Inc offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of 111's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of 111 Inc Stock. Outlined below are crucial reports that will aid in making a well-informed decision on 111 Inc Stock: Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in 111 Inc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in gross domestic product. You can also try the Volatility Analysis module to get historical volatility and risk analysis based on latest market data.
Complementary Tools for 111 Stock analysis
When running 111's price analysis, check to measure 111'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 111 is operating at the current time. Most of 111's value examination focuses on studying past and present price action to predict the probability of 111's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move 111's price. Additionally, you may evaluate how the addition of 111 to your portfolios can decrease your overall portfolio volatility.
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Is 111'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 111. If investors know 111 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 111 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 111 Inc is measured differently than its book value, which is the value of 111 that is recorded on the company's balance sheet. Investors also form their own opinion of 111's value that differs from its market value or its book value, called intrinsic value, which is 111'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 111's market value can be influenced by many factors that don't directly affect 111'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 111's value and its price as these two are different measures arrived at by different means. Investors typically determine if 111 is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, 111'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.