FLUGGER Volatility

<div class='circular--portrait' style='background:#FF0F00;color: #FFFFF0;font-size:4em;padding-top: 25px;;'>FG</div>
FLUG-B -- Denmark Stock  

DKK 322.00  10.00  3.01%

FLUGGER GROUP appears to be very steady, given 3 months investment horizon. FLUGGER GROUP AS secures Sharpe Ratio (or Efficiency) of 0.12, which denotes the company had 0.12% of return per unit of volatility over the last 3 months. Our approach towards predicting the volatility of a stock is to use all available market data together with stock specific technical indicators that cannot be diversified away. We have found twenty-one technical indicators for FLUGGER GROUP AS, which you can use to evaluate future volatility of the firm. Please utilize FLUGGER GROUP AS downside deviation of 2.33, market risk adjusted performance of 11.65, and mean deviation of 1.84 to check if our risk estimates are consistent with your expectations.

Search Volatility

 
Refresh
FLUGGER GROUP 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 FLUGGER daily returns, and it is calculated using variance and standard deviation. We also use FLUGGER's beta, its sensitivity to the market, as well as its odds of financial distress to provide a more practical estimation of FLUGGER GROUP volatility.

90 Days Market Risk

Very steady

Chance of Distress

Below Average

90 Days Economic Sensitivity

Barely shadows the market

FLUGGER GROUP Market Sensitivity And Downside Risk

FLUGGER GROUP AS beta coefficient measures the volatility of FLUGGER stock compared to the systematic risk of the entire stock 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 FLUGGER stock's returns against your selected market. In other words, FLUGGER GROUP's beta of 0.0307 provides an investor with an approximation of how much risk FLUGGER GROUP stock can potentially add to one of your existing portfolios. Let's try to break down what FLUGGER's beta means in this case. As returns on the market increase, FLUGGER GROUP returns are expected to increase less than the market. However, during the bear market, the loss on holding FLUGGER GROUP will be expected to be smaller as well.
3 Months Beta |Analyze FLUGGER GROUP AS Demand Trend
Check current 30 days FLUGGER GROUP correlation with market (DOW)
β

Current FLUGGER GROUP Beta Coefficient

 = 

FLUGGER GROUP Central Daily Price Deviations

It is essential to understand the difference between upside risk (as represented by FLUGGER GROUP's standard deviation) and the downside risk, which can be measured by semi-deviation or downside deviation of FLUGGER GROUP stock's daily returns or price. Since the actual investment returns on holding a position in FLUGGER GROUP 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 FLUGGER GROUP.

FLUGGER GROUP AS Volatility Analysis

Transformation
The output start index for this execution was zero with a total number of output elements of sixty-one. FLUGGER GROUP AS 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. View also all equity analysis or get more info about average price price transform indicator.

FLUGGER GROUP Projected Return Density Against Market

Assuming the 30 trading days horizon, FLUGGER GROUP has a beta of 0.0307 . This usually indicates as returns on the market go up, FLUGGER GROUP average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding FLUGGER GROUP AS will be expected to be much smaller as well. Moreover, 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 FLUGGER GROUP or FLUGGER GROUP AS 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 FLUGGER GROUP stock's 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 FLUGGER 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. The company has an alpha of 0.351, implying that it can potentially generate 0.35% excess return over DOW after adjusting for the inherited market risk (beta).
 Predicted Return Density 
      Returns 

FLUGGER GROUP Risk Measures

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 FLUGGER GROUP or FLUGGER GROUP AS 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 FLUGGER GROUP stock's 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 FLUGGER 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. Assuming the 30 trading days horizon, the coefficient of variation of FLUGGER GROUP is 821.86. The daily returns are destributed with a variance of 5.86 and standard deviation of 2.42. The mean deviation of FLUGGER GROUP AS is currently at 1.7. For similar time horizon, the selected benchmark (DOW) has volatility of 1.83
α
Alpha over DOW
=0.35
β
Beta against DOW=0.0307
σ
Overall volatility
=2.42
Ir
Information ratio =0.06

FLUGGER GROUP Return Volatility

FLUGGER GROUP historical daily return volatility represents how much FLUGGER GROUP stock's price daily returns swing around its mean daily price change - it is a statistical measure of its dispersion of returns. The company accepts 2.4215% volatility on return distribution over the 30 days horizon. By contrast, DOW inherits 1.8461% risk (volatility on return distribution) over the 30 days horizon.
 Performance (%) 
      Timeline 

About FLUGGER GROUP Volatility

Volatility is a rate at which the price of FLUGGER GROUP 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 FLUGGER GROUP may increase or decrease. In other words, similar to FLUGGER's beta indicator, it measures the risk of FLUGGER GROUP and helps estimate the fluctuations that may happen in a short period of time. So if prices of FLUGGER GROUP 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.
Flgger group AS engages in the design, manufacture, and marketing of decorative paints, wood protection products, spackling pastes, and tools. Flgger group AS was founded in 1783 and is headquartered in Rdovre, Denmark. FLUGGER GROUP is traded on Copenhagen Stock Exchange in Denmark.

FLUGGER GROUP Investment Opportunity

FLUGGER GROUP AS has a volatility of 2.42 and is 1.31 times more volatile than DOW. 21  of all equities and portfolios are less risky than FLUGGER GROUP. Compared to the overall equity markets, volatility of historical daily returns of FLUGGER GROUP AS is lower than 21 () of all global equities and portfolios over the last 30 days. Use FLUGGER GROUP AS to protect your portfolios against small markets fluctuations. The stock experiences an unexpected downward movement. The market is reacting to new fundamentals. Check odds of FLUGGER GROUP to be traded at kr309.12 in 30 days. . Let's try to break down what FLUGGER's beta means in this case. As returns on the market increase, FLUGGER GROUP returns are expected to increase less than the market. However, during the bear market, the loss on holding FLUGGER GROUP will be expected to be smaller as well.

FLUGGER GROUP correlation with market

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

FLUGGER GROUP Additional Risk Indicators

The analysis of various secondary risk indicators of FLUGGER GROUP is one of the essential steps in making a buy or sell decision. The process involves identifying the amount of risk involved in FLUGGER GROUP investment, and either accepting that risk or mitigating it. Along with some common measures of FLUGGER GROUP stock 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 your existing portfolio. Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential stock investments, we recommend comparing the like to determine which investment holds the most risk.
Risk Adjusted Performance0.2691
Market Risk Adjusted Performance11.65
Mean Deviation1.84
Semi Deviation1.82
Downside Deviation2.33
Coefficient Of Variation687.64
Standard Deviation2.53

FLUGGER GROUP 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.
U S vs. FLUGGER GROUP
Amazon vs. FLUGGER GROUP
BioXcel Therapeutics vs. FLUGGER GROUP
Hanesbrands vs. FLUGGER GROUP
Du Pont vs. FLUGGER GROUP
Vmware vs. FLUGGER GROUP
Facebook vs. FLUGGER GROUP
Skyworks Solutions vs. FLUGGER GROUP
Summer Infant vs. FLUGGER GROUP
WEX vs. FLUGGER GROUP
Realty Income vs. FLUGGER GROUP
Please check Investing Opportunities. Please also try Price Ceiling Movement module to calculate and plot price ceiling movement for different equity instruments.
Macroaxis is not a registered investment advisor or broker/dealer. All investments, including stocks, funds, ETFs, or cryptocurrencies, are speculative and involve substantial risk of loss. We encourage our investors to invest carefully. Much of our information is derived directly from data published by companies or submitted to governmental agencies which we believe are reliable, but are without our independent verification. Therefore, we cannot assure you that the information is accurate or complete. We do not in any way warrant or guarantee the success of any action you take in reliance on our statements or recommendations. Also, note that past performance is not necessarily indicative of future results. All investments carry risk, and all investment decisions of an individual remain the responsibility of that individual. There is no guarantee that systems, indicators, or signals will result in profits or that they will not result in losses. All investors are advised to fully understand all risks associated with any investing they choose to do. Hypothetical or simulated performance is not indicative of future results. We make no representations or warranties that any investor will, or is likely to, achieve profits similar to those shown because hypothetical or simulated performance is not necessarily indicative of future results. For more information please visit our terms and condition page