Storebrand Volatility

STIIAM -- Denmark Stock  

DKK 1,138  228.10  25.07%

Storebrand Indeks is very steady given 3 months investment horizon. Storebrand Indeks Alle owns Efficiency Ratio (i.e. Sharpe Ratio) of 0.7071, which indicates the firm had 0.7071% of return per unit of risk over the last 3 months. Our philosophy towards measuring volatility of a stock is to use Storebrand Indeks Alle market data together with company specific technical indicators. We found twenty-one different technical indicators, which can help you to evaluate if expected returns of 12.54% are justified by taking the suggested risk. Use Storebrand Indeks Alle to evaluate company specific risk that cannot be diversified away.
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Storebrand Indeks 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 Indeks volatility.

Storebrand Indeks Alle Technical Analysis

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Storebrand Indeks Projected Return Density Against Market

Assuming 30 trading days horizon, Storebrand Indeks Alle Marked has beta of -0.1336 . This entails as returns on benchmark increase, returns on holding Storebrand Indeks are expected to decrease at a much smaller rate. During bear market, however, Storebrand Indeks Alle Marked is likely to outperform the market. Furthermore, It does not look like the company alpha can have any bearing on the equity current valuation.
 Predicted Return Density 
Assuming 30 trading days horizon, the coefficient of variation of Storebrand Indeks is 141.42. The daily returns are destributed with a variance of 314.36 and standard deviation of 17.73. The mean deviation of Storebrand Indeks Alle Marked is currently at 12.54. For similar time horizon, the selected benchmark (DOW) has volatility of 4.4
Alpha over DOW
Beta against DOW=0.13
Overall volatility
Information ratio =0.00

Storebrand Indeks Return Volatility

the company accepts 17.7301% volatility on return distribution over the 30 days horizon. the entity inherits 3.7824% risk (volatility on return distribution) over the 30 days horizon.
 Performance (%) 

Storebrand Indeks Investment Opportunity

Storebrand Indeks Alle Marked has a volatility of 17.73 and is 4.69 times more volatile than DOW. 96  of all equities and portfolios are less risky than Storebrand Indeks. Compared to the overall equity markets, volatility of historical daily returns of Storebrand Indeks Alle Marked is higher than 96 () of all global equities and portfolios over the last 30 days. Use Storebrand Indeks Alle Marked to enhance returns of your portfolios. The stock experiences very speculative upward sentiment. . Check odds of Storebrand Indeks to be traded at kr1422.25 in 30 days. . As returns on market increase, returns on owning Storebrand Indeks are expected to decrease at a much smaller rate. During bear market, Storebrand Indeks is likely to outperform the market.

Storebrand Indeks correlation with market

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

Storebrand Indeks Current Risk Indicators

Storebrand Indeks Suggested Diversification Pairs

Additionally, take a look at World Market Map. Please also try Idea Optimizer module to use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio .
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