Cannae Holdings Stock Volatility
We have found zero technical indicators for Cannae Holdings, which you can use to evaluate the volatility of the firm.
Cannae |
Cannae Holdings 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 Cannae daily returns, and it is calculated using variance and standard deviation. We also use Cannae's beta, its sensitivity to the market, as well as its odds of financial distress to provide a more practical estimation of Cannae Holdings volatility.
Cannae Holdings Stock Volatility Analysis
Volatility refers to the frequency at which Cannae Holdings stock price increases or decreases within a specified period. These fluctuations usually indicate the level of risk that's associated with Cannae Holdings' price changes. Investors will then calculate the volatility of Cannae Holdings' stock to predict their future moves. A stock that has erratic price changes quickly hits new highs, and lows are considered highly volatile. A stock with relatively stable price changes has low volatility. A highly volatile stock is riskier, but the risk cuts both ways. Investing in highly volatile security can either be highly successful, or you may experience significant failure. There are two main types of Cannae Holdings' volatility:
Historical Volatility
This type of stock volatility measures Cannae Holdings' fluctuations based on previous trends. It's commonly used to predict Cannae Holdings' future behavior based on its past. However, it cannot conclusively determine the future direction of the stock.Implied Volatility
This type of volatility provides a positive outlook on future price fluctuations for Cannae Holdings' current market price. This means that the stock will return to its initially predicted market price. This type of volatility can be derived from derivative instruments written on Cannae Holdings' to be redeemed at a future date.Transformation |
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.
Cannae Holdings Projected Return Density Against Market
Given the investment horizon of 90 days Cannae Holdings has a beta that is very close to zero suggesting the returns on NYSE COMPOSITE and Cannae Holdings do not appear to be highly-sensitive.Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Cannae Holdings or Financial Services sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Cannae Holdings' price will be affected by overall stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a Cannae stock's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
It does not look like Cannae Holdings' alpha can have any bearing on the current valuation. Predicted Return Density |
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What Drives a Cannae Holdings Price Volatility?
Several factors can influence a stock's market volatility:Industry
Specific events can influence volatility within a particular industry. For instance, a significant weather upheaval in a crucial oil-production site may cause oil prices to increase in the oil sector. The direct result will be the rise in the stock price of oil distribution companies. Similarly, any government regulation in a specific industry could negatively influence stock prices due to increased regulations on compliance that may impact the company's future earnings and growth.Political and Economic environment
When governments make significant decisions regarding trade agreements, policies, and legislation regarding specific industries, they will influence stock prices. Everything from speeches to elections may influence investors, who can directly influence the stock prices in any particular industry. The prevailing economic situation also plays a significant role in stock prices. When the economy is doing well, investors will have a positive reaction and hence, better stock prices and vice versa.The Company's Performance
Sometimes volatility will only affect an individual company. For example, a revolutionary product launch or strong earnings report may attract many investors to purchase the company. This positive attention will raise the company's stock price. In contrast, product recalls and data breaches may negatively influence a company's stock prices.Cannae Holdings Stock Return Volatility
Cannae Holdings historical daily return volatility represents how much of Cannae Holdings stock's daily returns swing around its mean - it is a statistical measure of its dispersion of returns. The firm inherits 0.0% risk (volatility on return distribution) over the 90 days horizon. By contrast, NYSE Composite accepts 0.6321% volatility on return distribution over the 90 days horizon. Performance |
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About Cannae Holdings Volatility
Volatility is a rate at which the price of Cannae Holdings or any other equity instrument increases or decreases for a given set of returns. It is measured by calculating the standard deviation of the annualized returns over a given period of time and shows the range to which the price of Cannae Holdings may increase or decrease. In other words, similar to Cannae's beta indicator, it measures the risk of Cannae Holdings and helps estimate the fluctuations that may happen in a short period of time. So if prices of Cannae Holdings fluctuate rapidly in a short time span, it is termed to have high volatility, and if it swings slowly in a more extended period, it is understood to have low volatility.
Please read more on our technical analysis page.The firm primarily invests in restaurants, technology enabled healthcare services, financial services and more. Cannae Holdings, Inc. was founded in 2014 and is based in Las Vegas, Nevada. Cannae Holdings operates under Restaurants classification in the United States and is traded on New York Stock Exchange. It employs 12938 people.
Cannae Holdings' stock volatility refers to the amount of uncertainty or risk involved with the size of changes in its stock's price. It is a statistical measure of the dispersion of returns on Cannae Stock over a specified period of time, often expressed as the standard deviation of daily returns. In other words, it measures how much Cannae Holdings' price varies over time.
3 ways to utilize Cannae Holdings' volatility to invest better
Higher Cannae Holdings' stock volatility means that the price of its stock is changing rapidly and unpredictably, while lower stock volatility indicates that the price of Cannae Holdings stock is relatively stable. Investors and traders use stock volatility as an indicator of risk and potential reward, as stocks with higher volatility can offer the potential for more significant returns but also come with a greater risk of losses. Cannae Holdings stock volatility can provide helpful information for making investment decisions in the following ways:- Measuring Risk: Volatility can be used as a measure of risk, which can help you determine the potential fluctuations in the value of Cannae Holdings investment. A higher volatility means higher risk and potentially larger changes in value.
- Identifying Opportunities: High volatility in Cannae Holdings' stock can indicate that there is potential for significant price movements, either up or down, which could present investment opportunities.
- Diversification: Understanding how the volatility of Cannae Holdings' stock relates to your other investments can help you create a well-diversified portfolio of assets with varying levels of risk.
Cannae Holdings Investment Opportunity
NYSE Composite has a standard deviation of returns of 0.63 and is 9.223372036854776E16 times more volatile than Cannae Holdings. Compared to the overall equity markets, volatility of historical daily returns of Cannae Holdings is lower than 0 percent of all global equities and portfolios over the last 90 days. You can use Cannae Holdings to protect your portfolios against small market fluctuations. The stock experiences a normal downward trend, but the immediate impact on correlations cannot be determined at the moment . Check odds of Cannae Holdings to be traded at $0.0 in 90 days.Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
Cannae Holdings Suggested Diversification Pairs
Pair trading is one of the very effective strategies used by professional day traders and hedge funds capitalizing on short-time and mid-term market inefficiencies. The approach is based on the fact that the ratio of prices of two correlating shares is long-term stable and oscillates around the average value. If the correlation ratio comes outside the common area, you can speculate with a high success rate that the ratio will return to the mean value and collect a profit.
The effect of pair diversification on risk is to reduce it, but we should note this doesn't apply to all risk types. When we trade pairs against Cannae Holdings as a counterpart, there is always some inherent risk that will never be diversified away no matter what. This volatility limits the effect of tactical diversification using pair trading. Cannae Holdings' systematic risk is the inherent uncertainty of the entire market, and therefore cannot be mitigated even by pair-trading it against the equity that is not highly correlated to it. On the other hand, Cannae Holdings' unsystematic risk describes the types of risk that we can protect against, at least to some degree, by selecting a matching pair that is not perfectly correlated to Cannae Holdings.
Check out Trending Equities to better understand how to build diversified portfolios. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as various price indices. You can also try the Stock Tickers module to use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites.
Other Tools for Cannae Stock
When running Cannae Holdings' price analysis, check to measure Cannae Holdings' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Cannae Holdings is operating at the current time. Most of Cannae Holdings' value examination focuses on studying past and present price action to predict the probability of Cannae Holdings' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Cannae Holdings' price. Additionally, you may evaluate how the addition of Cannae Holdings to your portfolios can decrease your overall portfolio volatility.
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