CROBEX (Croatia) Index

CRBEX Index   2,830  18.77  0.67%   
CROBEX is listed for 2829.89 as of the 15th of April 2024. This is a 0.67 percent up since the beginning of the trading day. The index's open price was 2811.12. CROBEX has hardly any chance of experiencing price decline in the next few years and had a solid performance during the last 90 days. Equity ratings for CROBEX are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 16th of March 2024 and ending today, the 15th of April 2024. Click here to learn more.

Top CROBEX Constituents

PLAGPlanet Green HoldingsStockConsumer Staples
ATPLAtlantis PlasticsStockMaterials
HTHersha Hospitality TrustStockReal Estate
INGRIngredion IncorporatedStockConsumer Staples
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NYSE Composite has a standard deviation of returns of 0.62 and is 1.22 times more volatile than CROBEX. 4 percent of all equities and portfolios are less risky than CROBEX.

CROBEX Global Risk-Return Landscape

  Expected Return   
       Risk  

CROBEX Price Dispersion

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CROBEX Distribution of Returns

   Predicted Return Density   
       Returns  
CROBEX's volatility is measured either by using standard deviation or beta. Standard deviation will reflect the average amount of how crobex index'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 CROBEX Price Volatility?

Several factors can influence a index'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.

CROBEX Against Global Markets

HNX 30  1.61   
0%
98.0%
OSEFX  1.39   
0%
84.0%
CROBEX  0.67   
0%
40.0%
PSI 20  0.65   
0%
39.0%
KLTE  0.40   
0%
24.0%
RTSI  0.38   
0%
23.0%
IBEX 35  0.34   
0%
20.0%
ATX  0.28   
0%
17.0%
BELS  0.23   
0%
14.0%
Budapest  0.12   
0%
7.0%
BETNG  0.09   
0%
5.0%
TWII  0.08   
4.0%
0%
GDAXI  0.13   
7.0%
0%
IDX 30  0.23   
14.0%
0%
ASCX  0.38   
23.0%
0%
MXX  0.47   
28.0%
0%
AXDI  0.50   
30.0%
0%
APACXJ  0.57   
34.0%
0%
ISEQ 20  0.84   
51.0%
0%
IMAT  1.07   
65.0%
0%
NYA  1.54   
93.0%
0%
Tel Aviv  1.64   
100.0%
0%
 

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You can also try the Portfolio Volatility module to check portfolio volatility and analyze historical return density to properly model market risk.