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Sparinv Volatility

SPI
SPIGVBKLA -- Denmark Stock  

DKK 95.22  0.26  0.27%

We consider Sparinv Inv very steady. Sparinv Inv GraValBo owns Efficiency Ratio (i.e. Sharpe Ratio) of 0.3271, which indicates the firm had 0.3271% of return per unit of risk over the last 3 months. Our philosophy towards measuring volatility of a stock is to use all available market data together with stock specific technical indicators that cannot be diversified away. We have found twenty-one technical indicators for Sparinv Inv GraValBo Udb All Co, which you can use to evaluate future volatility of the company. Please validate Sparinv Inv Coefficient Of Variation of (409.10) and Risk Adjusted Performance of (0.98) to confirm if the risk estimate we provide is consistent with the expected return of 0.1344%.
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Sparinv Inv 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 Sparinv daily returns, and it is calculated using variance and standard deviation. We also use Sparinv's beta, its sensitivity to the market, as well as its odds of financial distress to provide a more practical estimation of Sparinv Inv volatility.

Sparinv Inv Market Sensitivity

As returns on market increase, Sparinv Inv returns are expected to increase less than the market. However, during bear market, the loss on holding Sparinv Inv will be expected to be smaller as well.
3 Months Beta |Analyze Sparinv Inv GraValBo Demand Trend
Check current 30 days Sparinv Inv correlation with market (DOW)
β = 0.0173

Sparinv Inv Central Daily Price Deviation

Sparinv Inv GraValBo Technical Analysis

Transformation
The output start index for this execution was zero with a total number of output elements of eleven. Developed by Larry Williams, the Weighted Close is the average of Sparinv Inv GraValBo high, low and close of a chart with the close values weighted twice. It can be used to smooth an indicator that normally takes only Sparinv Inv closing price as input. View also all equity analysis or get more info about weighted close price price transform indicator.

Sparinv Inv Projected Return Density Against Market

Assuming 30 trading days horizon, Sparinv Inv has beta of 0.0173 . This entails as returns on market go up, Sparinv Inv average returns are expected to increase less than the benchmark. However during bear market, the loss on holding Sparinv Inv GraValBo Udb All Co will be expected to be much smaller as well. Additionally, The company has a negative alpha implying that the risk taken by holding this equity is not justified. Sparinv Inv GraValBo is significantly underperforming DOW.
 Predicted Return Density 
    
  Returns 
Assuming 30 trading days horizon, the coefficient of variation of Sparinv Inv is 305.69. The daily returns are destributed with a variance of 0.17 and standard deviation of 0.41. The mean deviation of Sparinv Inv GraValBo Udb All Co is currently at 0.34. For similar time horizon, the selected benchmark (DOW) has volatility of 3.99
α
Alpha over DOW
=0.7
β
Beta against DOW=0.0173
σ
Overall volatility
=0.41
Ir
Information ratio =0.16

Sparinv Inv Return Volatility

the organization accepts 0.4107% 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 

Sparinv Inv Investment Opportunity

DOW has a standard deviation of returns of 3.99 and is 9.73 times more volatile than Sparinv Inv GraValBo Udb All Co. of all equities and portfolios are less risky than Sparinv Inv. Compared to the overall equity markets, volatility of historical daily returns of Sparinv Inv GraValBo Udb All Co is lower than 3 () of all global equities and portfolios over the last 30 days. Use Sparinv Inv GraValBo Udb All Co to protect your portfolios against small markets fluctuations. The stock experiences normal downward trend and little activity. Check odds of Sparinv Inv to be traded at kr94.27 in 30 days. . As returns on market increase, Sparinv Inv returns are expected to increase less than the market. However, during bear market, the loss on holding Sparinv Inv will be expected to be smaller as well.

Sparinv Inv correlation with market

correlation synergy
Significant diversification
Overlapping area represents the amount of risk that can be diversified away by holding Sparinv Inv GraValBo Udb All C and equity matching DJI index in the same portfolio.

Sparinv Inv Current Risk Indicators

Sparinv Inv Suggested Diversification Pairs

Additionally, take a look at World Market Map. Please also try Fundamentals Comparison module to compare fundamentals across multiple equities to find investing opportunities.
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