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Storebrand Volatility

ST
STIGEP -- Denmark Stock  

DKK 947.90  32.00  3.27%

Macroaxis considers Storebrand Global to be very steady. Storebrand Global ESG owns Efficiency Ratio (i.e. Sharpe Ratio) of -0.2736, which indicates the firm had -0.2736% of return per unit of risk over the last 3 months. Macroaxis philosophy towards measuring 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. Storebrand Global ESG Plus A5 exposes twenty-one different technical indicators, which can help you to evaluate volatility that cannot be diversified away. Please be advised to validate Storebrand Global Risk Adjusted Performance of (0.34) and Coefficient Of Variation of (1,160) to confirm the risk estimate we provide.
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Storebrand Global 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 Storebrand daily returns, and it is calculated using variance and standard deviation. We also use Storebrand's beta, its sensitivity to the market, as well as its odds of financial distress to provide a more practical estimation of Storebrand Global volatility.

Storebrand Global Market Sensitivity

As returns on market increase, returns on owning Storebrand Global are expected to decrease at a much smaller rate. During bear market, Storebrand Global is likely to outperform the market.
3 Months Beta |Analyze Storebrand Global ESG Demand Trend
Check current 30 days Storebrand Global correlation with market (DOW)
β = -0.1009

Storebrand Global Central Daily Price Deviation

Storebrand Global ESG Technical Analysis

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Storebrand Global Projected Return Density Against Market

Assuming 30 trading days horizon, Storebrand Global ESG Plus A5 has beta of -0.1009 . This entails as returns on benchmark increase, returns on holding Storebrand Global are expected to decrease at a much smaller rate. During bear market, however, Storebrand Global ESG Plus A5 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. Storebrand Global ESG is significantly underperforming DOW.
 Predicted Return Density 
    
  Returns 
Assuming 30 trading days horizon, the coefficient of variation of Storebrand Global is -365.43. The daily returns are destributed with a variance of 145.16 and standard deviation of 12.05. The mean deviation of Storebrand Global ESG Plus A5 is currently at 7.55. For similar time horizon, the selected benchmark (DOW) has volatility of 4.01
α
Alpha over DOW
=1
β
Beta against DOW=0.1
σ
Overall volatility
=12.05
Ir
Information ratio =0.06

Storebrand Global Return Volatility

the company accepts 12.0481% volatility on return distribution over the 30 days horizon. the entity inherits 4.0461% risk (volatility on return distribution) over the 30 days horizon.
 Performance (%) 
    
  Timeline 

Storebrand Global Investment Opportunity

Storebrand Global ESG Plus A5 has a volatility of 12.05 and is 2.98 times more volatile than DOW. 96  of all equities and portfolios are less risky than Storebrand Global. Compared to the overall equity markets, volatility of historical daily returns of Storebrand Global ESG Plus A5 is higher than 96 () of all global equities and portfolios over the last 30 days. Use Storebrand Global ESG Plus A5 to protect your portfolios against small markets fluctuations. The stock experiences unexpected downward movement. The market is reacting to new fundamentals. Check odds of Storebrand Global to be traded at kr909.98 in 30 days. . As returns on market increase, returns on owning Storebrand Global are expected to decrease at a much smaller rate. During bear market, Storebrand Global is likely to outperform the market.

Storebrand Global correlation with market

correlation synergy
Good diversification
Overlapping area represents the amount of risk that can be diversified away by holding Storebrand Global ESG Plus A5 and equity matching DJI index in the same portfolio.

Storebrand Global Current Risk Indicators

Storebrand Global Suggested Diversification Pairs

Additionally, take a look at World Market Map. Please also try Bollinger Bands module to use bollinger bands indicator to analyze target price for a given investing horizon.
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