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Handelsinvest Volatility

H
HAID10AKK -- Denmark Stock  

DKK 96.66  0.00  0.00%

Macroaxis considers Handelsinvest Defensiv to be very steady. Handelsinvest Defensiv holds Efficiency (Sharpe) Ratio of -0.161, which attests that the entity had -0.161% of return per unit of risk over the last 3 months. Macroaxis philosophy towards determining risk of any stock is to look at both systematic and un-systematic factors of the business, including all available market data and technical indicators. Handelsinvest Defensiv exposes twenty-one different technical indicators, which can help you to evaluate volatility that cannot be diversified away. Please be advised to check out Handelsinvest Defensiv Risk Adjusted Performance of (0.68) and Market Risk Adjusted Performance of 10.11 to validate the risk estimate we provide.
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Handelsinvest Defensiv 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 Handelsinvest daily returns, and it is calculated using variance and standard deviation. We also use Handelsinvest's beta, its sensitivity to the market, as well as its odds of financial distress to provide a more practical estimation of Handelsinvest Defensiv volatility.

Handelsinvest Defensiv Market Sensitivity

As returns on market increase, returns on owning Handelsinvest Defensiv are expected to decrease at a much smaller rate. During bear market, Handelsinvest Defensiv is likely to outperform the market.
3 Months Beta |Analyze Handelsinvest Defensiv Demand Trend
Check current 30 days Handelsinvest Defensiv correlation with market (DOW)
β = -0.0264

Handelsinvest Defensiv Central Daily Price Deviation

Handelsinvest Defensiv Technical Analysis

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We are not able to run technical analysis function on this symbol. We either do not have that equity or its historical data is not available at this time. Please try again later.

Handelsinvest Defensiv Projected Return Density Against Market

Assuming 30 trading days horizon, Handelsinvest Defensiv 10 Akk has beta of -0.0264 . This indicates as returns on benchmark increase, returns on holding Handelsinvest Defensiv are expected to decrease at a much smaller rate. During bear market, however, Handelsinvest Defensiv 10 Akk is likely to outperform the market. Additionally, The company has a negative alpha implying that the risk taken by holding this equity is not justified. Handelsinvest Defensiv is significantly underperforming DOW.
 Predicted Return Density 
    
  Returns 
Assuming 30 trading days horizon, the coefficient of variation of Handelsinvest Defensiv is -621.23. The daily returns are destributed with a variance of 2.25 and standard deviation of 1.5. The mean deviation of Handelsinvest Defensiv 10 Akk is currently at 0.94. For similar time horizon, the selected benchmark (DOW) has volatility of 3.99
α
Alpha over DOW
=0.27
β
Beta against DOW=0.03
σ
Overall volatility
=1.50
Ir
Information ratio =0.02

Handelsinvest Defensiv Return Volatility

the company accepts 1.5004% volatility on return distribution over the 30 days horizon. the entity inherits 3.9878% risk (volatility on return distribution) over the 30 days horizon.
 Performance (%) 
    
  Timeline 

Handelsinvest Defensiv Investment Opportunity

DOW has a standard deviation of returns of 3.99 and is 2.66 times more volatile than Handelsinvest Defensiv 10 Akk. 13  of all equities and portfolios are less risky than Handelsinvest Defensiv. Compared to the overall equity markets, volatility of historical daily returns of Handelsinvest Defensiv 10 Akk is lower than 13 () of all global equities and portfolios over the last 30 days. Use Handelsinvest Defensiv 10 Akk to protect your portfolios against small markets fluctuations. The stock experiences normal downward trend, but the immediate impact on correlations cannot be determined at the moment . Check odds of Handelsinvest Defensiv to be traded at kr95.69 in 30 days. . As returns on market increase, returns on owning Handelsinvest Defensiv are expected to decrease at a much smaller rate. During bear market, Handelsinvest Defensiv is likely to outperform the market.

Handelsinvest Defensiv correlation with market

correlation synergy
Good diversification
Overlapping area represents the amount of risk that can be diversified away by holding Handelsinvest Defensiv 10 Akk and equity matching DJI index in the same portfolio.

Handelsinvest Defensiv Current Risk Indicators

Handelsinvest Defensiv Suggested Diversification Pairs

Please check Risk vs Return Analysis. Please also try Alpha Finder module to use alpha and beta coefficients to find investment opportunities after accounting for the risk.
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