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Sydbank Volatility

<div class='circular--portrait' style='background:#0D8ECF;color: white;font-size:3em;padding-top: 40px;;'>SYD</div>
SYDB -- Denmark Stock  

DKK 92.80  0.40  0.43%

Macroaxis considers Sydbank AS to be not too volatile. Sydbank AS owns Efficiency Ratio (i.e. Sharpe Ratio) of -0.1451, which indicates the firm had -0.1451% 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. Sydbank AS exposes twenty-one different technical indicators, which can help you to evaluate volatility that cannot be diversified away. Please be advised to validate Sydbank AS Coefficient Of Variation of (996.90) and Risk Adjusted Performance of (0.40) to confirm the risk estimate we provide.
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Sydbank AS 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 Sydbank daily returns, and it is calculated using variance and standard deviation. We also use Sydbank's beta, its sensitivity to the market, as well as its odds of financial distress to provide a more practical estimation of Sydbank AS volatility.

90 Days Market Risk

Not too volatile

Chance of Distress

Close to Average

90 Days Economic Sensitivity

Almost neglects market trends

Sydbank AS Market Sensitivity

As returns on market increase, returns on owning Sydbank AS are expected to decrease at a much smaller rate. During bear market, Sydbank AS is likely to outperform the market.
3 Months Beta |Analyze Sydbank AS Demand Trend
Check current 30 days Sydbank AS correlation with market (DOW)
β = -0.2604

Sydbank AS Central Daily Price Deviation

Sydbank AS Technical Analysis

Transformation
The output start index for this execution was zero with a total number of output elements of sixty-one. Developed by Larry Williams, the Weighted Close is the average of Sydbank AS 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 Sydbank AS closing price as input. View also all equity analysis or get more info about weighted close price price transform indicator.

Sydbank AS Projected Return Density Against Market

Assuming 30 trading days horizon, Sydbank AS has beta of -0.2604 . This entails as returns on benchmark increase, returns on holding Sydbank AS are expected to decrease at a much smaller rate. During bear market, however, Sydbank AS 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. Sydbank AS is significantly underperforming DOW.
 Predicted Return Density 
    
  Returns 
Assuming 30 trading days horizon, the coefficient of variation of Sydbank AS is -689.37. The daily returns are destributed with a variance of 23.64 and standard deviation of 4.86. The mean deviation of Sydbank AS is currently at 2.85. For similar time horizon, the selected benchmark (DOW) has volatility of 4.01
α
Alpha over DOW
=0.52
β
Beta against DOW=0.26
σ
Overall volatility
=4.86
Ir
Information ratio =0.04

Sydbank AS Return Volatility

the corporation accepts 4.8626% 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 

Sydbank AS Investment Opportunity

Sydbank AS has a volatility of 4.86 and is 1.2 times more volatile than DOW. 43  of all equities and portfolios are less risky than Sydbank AS. Compared to the overall equity markets, volatility of historical daily returns of Sydbank AS is lower than 43 () of all global equities and portfolios over the last 30 days. Use Sydbank AS to protect your portfolios against small markets fluctuations. The stock experiences normal downward trend and little activity. Check odds of Sydbank AS to be traded at kr91.87 in 30 days. . As returns on market increase, returns on owning Sydbank AS are expected to decrease at a much smaller rate. During bear market, Sydbank AS is likely to outperform the market.

Sydbank AS correlation with market

correlation synergy
Very good diversification
Overlapping area represents the amount of risk that can be diversified away by holding Sydbank AS and equity matching DJI index in the same portfolio.

Sydbank AS Current Risk Indicators

Sydbank AS Suggested Diversification Pairs

Additionally, take a look at World Market Map. Please also try World Markets Correlation module to find global opportunities by holding instruments from different markets.
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