Carlisle Companies Incorporated Stock Volatility
| CSL Stock | USD 375.30 4.03 1.06% |
Carlisle Companies appears to be very steady, given 3 months investment horizon. Carlisle Companies secures Sharpe Ratio (or Efficiency) of 0.2, which signifies that the company had a 0.2% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Carlisle Companies Incorporated, which you can use to evaluate the volatility of the firm. Please makes use of Carlisle Companies' Mean Deviation of 1.16, risk adjusted performance of 0.1342, and Downside Deviation of 1.48 to double-check if our risk estimates are consistent with your expectations. Key indicators related to Carlisle Companies' volatility include:
30 Days Market Risk | Chance Of Distress | 30 Days Economic Sensitivity |
Carlisle Companies 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 Carlisle daily returns, and it is calculated using variance and standard deviation. We also use Carlisle's beta, its sensitivity to the market, as well as its odds of financial distress to provide a more practical estimation of Carlisle Companies volatility.
Carlisle |
ESG Sustainability
While most ESG disclosures are voluntary, Carlisle Companies' sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Carlisle Companies' managers and investors.Environment Score | Governance Score | Social Score |
Since volatility provides investors with entry points to take advantage of stock prices, companies, such as Carlisle Companies can benefit from it. Downward market volatility can be a perfect environment for investors who play the long game. Here, they may decide to buy additional stocks of Carlisle Companies at lower prices. For example, an investor can purchase Carlisle stock that has halved in price over a short period. This will lower your average cost per share, thereby improving your portfolio's performance when the markets normalize. Similarly, when the prices of Carlisle Companies' stock rises, investors can sell out and invest the proceeds in other equities with better opportunities. Investing when markets are volatile with better valuations will accord both investors and companies the opportunity to generate better long-term returns.
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Carlisle Companies Market Sensitivity And Downside Risk
Carlisle Companies' beta coefficient measures the volatility of Carlisle stock compared to the systematic risk of the entire market represented by your selected benchmark. In mathematical terms, beta represents the slope of the line through a regression of data points where each of these points represents Carlisle stock's returns against your selected market. In other words, Carlisle Companies's beta of 1.32 provides an investor with an approximation of how much risk Carlisle Companies stock can potentially add to one of your existing portfolios. Carlisle Companies Incorporated has relatively low volatility with skewness of 1.21 and kurtosis of 5.5. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Carlisle Companies' stock risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact Carlisle Companies' stock price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different financial instruments as prices fall.
3 Months Beta |Analyze Carlisle Companies Demand TrendCheck current 90 days Carlisle Companies correlation with market (NYSE Composite)Carlisle Beta |
Carlisle standard deviation measures the daily dispersion of prices over your selected time horizon relative to its mean. A typical volatile entity has a high standard deviation, while the deviation of a stable instrument is usually low. As a downside, the standard deviation calculates all uncertainty as risk, even when it is in your favor, such as above-average returns.
Standard Deviation | 1.6 |
It is essential to understand the difference between upside risk (as represented by Carlisle Companies's standard deviation) and the downside risk, which can be measured by semi-deviation or downside deviation of Carlisle Companies' daily returns or price. Since the actual investment returns on holding a position in carlisle stock tend to have a non-normal distribution, there will be different probabilities for losses than for gains. The likelihood of losses is reflected in the downside risk of an investment in Carlisle Companies.
Using Carlisle Put Option to Manage Risk
Put options written on Carlisle Companies grant holders of the option the right to sell a specified amount of Carlisle Companies at a specified price within a specified time frame. The put buyer has a limited loss and, while not fully unlimited gains, as the price of Carlisle Stock cannot fall below zero, the put buyer does gain as the price drops. So, one way investors can hedge Carlisle Companies' position is by buying a put option against it. The put option used this way is usually referred to as insurance. If an undesired outcome occurs and loss on holding Carlisle Companies will be realized, the loss incurred will be offset by the profits made with the option trade.
Carlisle Companies' PUT expiring on 2024-05-17
Profit |
| Carlisle Companies Price At Expiration |
Current Carlisle Companies Insurance Chain
| Delta | Gamma | Open Int | Expiration | Current Spread | Last Price | |||
Put | 2024-05-17 PUT at $350.0 | -0.1776 | 0.0073 | 150 | 2024-05-17 | 1.6 - 5.6 | 4.15 | View |
Put | 2024-05-17 PUT at $360.0 | -0.2681 | 0.0091 | 1 | 2024-05-17 | 4.0 - 8.5 | 9.67 | View |
Put | 2024-05-17 PUT at $370.0 | -0.3715 | 0.0103 | 650 | 2024-05-17 | 7.8 - 11.5 | 10.0 | View |
Put | 2024-05-17 PUT at $380.0 | -0.4791 | 0.0108 | 2 | 2024-05-17 | 12.4 - 15.7 | 14.6 | View |
Put | 2024-05-17 PUT at $390.0 | -0.591 | 0.011 | 1 | 2024-05-17 | 18.0 - 21.5 | 12.5 | View |
Carlisle Companies Stock Volatility Analysis
Volatility refers to the frequency at which Carlisle Companies stock price increases or decreases within a specified period. These fluctuations usually indicate the level of risk that's associated with Carlisle Companies' price changes. Investors will then calculate the volatility of Carlisle Companies' 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 Carlisle Companies' volatility:
Historical Volatility
This type of stock volatility measures Carlisle Companies' fluctuations based on previous trends. It's commonly used to predict Carlisle Companies' 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 Carlisle Companies' 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 Carlisle Companies' to be redeemed at a future date.Transformation |
The output start index for this execution was zero with a total number of output elements of sixty-one. Carlisle Companies Average Price is the average of the sum of open, high, low and close daily prices of a bar. It can be used to smooth an indicator that normally takes just the closing price as input.
Carlisle Companies Projected Return Density Against Market
Considering the 90-day investment horizon the stock has the beta coefficient of 1.3233 suggesting as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Carlisle Companies will likely underperform.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 Carlisle Companies or Industrial Conglomerates 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 Carlisle Companies' 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 Carlisle 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.
Carlisle Companies Incorporated has an alpha of 0.2057, implying that it can generate a 0.21 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta). Predicted Return Density |
| Returns |
What Drives a Carlisle Companies 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.Carlisle Companies Stock Risk Measures
Considering the 90-day investment horizon the coefficient of variation of Carlisle Companies is 500.33. The daily returns are distributed with a variance of 2.55 and standard deviation of 1.6. The mean deviation of Carlisle Companies Incorporated is currently at 1.15. For similar time horizon, the selected benchmark (NYSE Composite) has volatility of 0.62
α | Alpha over NYSE Composite | 0.21 | |
β | Beta against NYSE Composite | 1.32 | |
σ | Overall volatility | 1.60 | |
Ir | Information ratio | 0.15 |
Carlisle Companies Stock Return Volatility
Carlisle Companies historical daily return volatility represents how much of Carlisle Companies stock's daily returns swing around its mean - it is a statistical measure of its dispersion of returns. The company has volatility of 1.5963% on return distribution over 90 days investment horizon. By contrast, NYSE Composite accepts 0.633% volatility on return distribution over the 90 days horizon. Performance |
| Timeline |
About Carlisle Companies Volatility
Volatility is a rate at which the price of Carlisle Companies 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 Carlisle Companies may increase or decrease. In other words, similar to Carlisle's beta indicator, it measures the risk of Carlisle Companies and helps estimate the fluctuations that may happen in a short period of time. So if prices of Carlisle Companies 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.| Last Reported | Projected for Next Year | ||
| Selling And Marketing Expenses | 576.9 M | 512.8 M | |
| Market Cap | 2.5 B | 2.6 B |
Carlisle Companies' 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 Carlisle Stock over a specified period of time, often expressed as the standard deviation of daily returns. In other words, it measures how much Carlisle Companies' price varies over time.
3 ways to utilize Carlisle Companies' volatility to invest better
Higher Carlisle Companies' stock volatility means that the price of its stock is changing rapidly and unpredictably, while lower stock volatility indicates that the price of Carlisle Companies 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. Carlisle Companies 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 Carlisle Companies investment. A higher volatility means higher risk and potentially larger changes in value.
- Identifying Opportunities: High volatility in Carlisle Companies' 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 Carlisle Companies' stock relates to your other investments can help you create a well-diversified portfolio of assets with varying levels of risk.
Carlisle Companies Investment Opportunity
Carlisle Companies Incorporated has a volatility of 1.6 and is 2.54 times more volatile than NYSE Composite. Compared to the overall equity markets, volatility of historical daily returns of Carlisle Companies Incorporated is lower than 14 percent of all global equities and portfolios over the last 90 days. You can use Carlisle Companies Incorporated to protect your portfolios against small market fluctuations. The stock experiences a somewhat bearish sentiment, but the market may correct it shortly. Check odds of Carlisle Companies to be traded at $364.04 in 90 days.Very weak diversification
The correlation between Carlisle Companies Incorporate and NYA is 0.52 (i.e., Very weak diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Carlisle Companies Incorporate and NYA in the same portfolio, assuming nothing else is changed.
Carlisle Companies Additional Risk Indicators
The analysis of Carlisle Companies' secondary risk indicators is one of the essential steps in making a buy or sell decision. The process involves identifying the amount of risk involved in Carlisle Companies' investment and either accepting that risk or mitigating it. Along with some common measures of Carlisle Companies stock's risk such as standard deviation, beta, or value at risk, we also provide a set of secondary indicators that can assist in the individual investment decision or help in hedging the risk of your existing portfolios.
| Risk Adjusted Performance | 0.1342 | |||
| Market Risk Adjusted Performance | 0.2508 | |||
| Mean Deviation | 1.16 | |||
| Semi Deviation | 1.06 | |||
| Downside Deviation | 1.48 | |||
| Coefficient Of Variation | 486.86 | |||
| Standard Deviation | 1.6 |
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential stocks, we recommend comparing similar stocks with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.
Carlisle Companies 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 Carlisle Companies 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. Carlisle Companies' 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, Carlisle Companies' 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 Carlisle Companies Incorporated.
When determining whether Carlisle Companies is a strong investment it is important to analyze Carlisle Companies' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Carlisle Companies' future performance. For an informed investment choice regarding Carlisle Stock, refer to the following important reports: Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Carlisle Companies Incorporated. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in state. You can also try the Commodity Channel module to use Commodity Channel Index to analyze current equity momentum.
Complementary Tools for Carlisle Stock analysis
When running Carlisle Companies' price analysis, check to measure Carlisle Companies' 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 Carlisle Companies is operating at the current time. Most of Carlisle Companies' value examination focuses on studying past and present price action to predict the probability of Carlisle Companies' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Carlisle Companies' price. Additionally, you may evaluate how the addition of Carlisle Companies to your portfolios can decrease your overall portfolio volatility.
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Is Carlisle Companies' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Carlisle Companies. If investors know Carlisle will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Carlisle Companies listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.245 | Dividend Share 3.2 | Earnings Share 14.22 | Revenue Per Share 91.922 | Quarterly Revenue Growth (0.02) |
The market value of Carlisle Companies is measured differently than its book value, which is the value of Carlisle that is recorded on the company's balance sheet. Investors also form their own opinion of Carlisle Companies' value that differs from its market value or its book value, called intrinsic value, which is Carlisle Companies' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Carlisle Companies' market value can be influenced by many factors that don't directly affect Carlisle Companies' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Carlisle Companies' value and its price as these two are different measures arrived at by different means. Investors typically determine if Carlisle Companies is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Carlisle Companies' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.