Storebrand Volatility

SI
STIIAM -- Denmark Stock  

DKK 1,101  1.20  0.11%

Storebrand Indeks appears to be very steady, given 3 months investment horizon. Storebrand Indeks Alle owns Efficiency Ratio (i.e. Sharpe Ratio) of 0.41, which indicates the firm had 0.41% of return per unit of risk over the last 3 months. Our standpoint towards measuring the volatility of a stock is to use all available market data together with stock specific technical indicators that cannot be diversified away. By inspecting Storebrand Indeks Alle technical indicators you can presently evaluate if the expected return of 0.91% is justified by implied risk. Please operate Storebrand Indeks coefficient of variation of 2030.67, and risk adjusted performance of 0.0959 to confirm if our risk estimates are consistent with your expectations.

Search Volatility

 
Refresh
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 Market Sensitivity And Downside Risk

Storebrand Indeks Alle beta coefficient measures the volatility of Storebrand 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 Storebrand stock's returns against your selected market. In other words, Storebrand Indeks's beta of 0.0368 provides an investor with an approximation of how much risk Storebrand Indeks stock can potentially add to one of your existing portfolios. Let's try to break down what Storebrand's beta means in this case. As returns on the market increase, Storebrand Indeks returns are expected to increase less than the market. However, during the bear market, the loss on holding Storebrand Indeks will be expected to be smaller as well.
3 Months Beta |Analyze Storebrand Indeks Alle Demand Trend
Check current 30 days Storebrand Indeks correlation with market (DOW)
β

Current Storebrand Indeks Beta Coefficient

 = 

Storebrand Indeks Central Daily Price Deviations

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

Storebrand Indeks Alle Volatility Analysis

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.

Storebrand Indeks Projected Return Density Against Market

Assuming the 30-days trading horizon, Storebrand Indeks has a beta of 0.0368 . This usually implies as returns on the market go up, Storebrand Indeks average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Storebrand Indeks Alle 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 Storebrand Indeks or Storebrand Indeks Alle 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 Storebrand Indeks 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 Storebrand 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 0.2805, implying that it can generate a 0.28 percent excess return over DOW after adjusting for the inherited market risk (beta).
 Predicted Return Density 
      Returns 

Storebrand Indeks 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 Storebrand Indeks or Storebrand Indeks Alle 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 Storebrand Indeks 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 Storebrand 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-days trading horizon, the coefficient of variation of Storebrand Indeks is 243.89. The daily returns are destributed with a variance of 4.9 and standard deviation of 2.21. The mean deviation of Storebrand Indeks Alle is currently at 1.7. For similar time horizon, the selected benchmark (DOW) has volatility of 1.8
α
Alpha over DOW
=0.28
β
Beta against DOW=0.0368
σ
Overall volatility
=2.21
Ir
Information ratio =0.0239

Storebrand Indeks Return Volatility

Storebrand Indeks historical daily return volatility represents how much Storebrand Indeks 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 2.2146% volatility on return distribution over the 30 days horizon. By contrast, DOW inherits 1.8007% risk (volatility on return distribution) over the 30 days horizon.
 Performance (%) 
      Timeline 

About Storebrand Indeks Volatility

Volatility is a rate at which the price of Storebrand Indeks 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 Storebrand Indeks may increase or decrease. In other words, similar to Storebrand's beta indicator, it measures the risk of Storebrand Indeks and helps estimate the fluctuations that may happen in a short period of time. So if prices of Storebrand Indeks 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.

Storebrand Indeks Investment Opportunity

Storebrand Indeks Alle has a volatility of 2.21 and is 1.23 times more volatile than DOW. 19  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 is lower than 19 () of all global equities and portfolios over the last 30 days. Use Storebrand Indeks Alle to enhance returns of your portfolios. The stock experiences a normal upward fluctuation. Check odds of Storebrand Indeks to be traded at kr1156.47 in 30 days. . Let's try to break down what Storebrand's beta means in this case. As returns on the market increase, Storebrand Indeks returns are expected to increase less than the market. However, during the bear market, the loss on holding Storebrand Indeks will be expected to be smaller as well.

Storebrand Indeks correlation with market

correlation synergy
Significant 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 Additional Risk Indicators

The analysis of various secondary risk indicators of Storebrand Indeks is one of the essential steps in making a buy or sell decision. The process involves identifying the amount of risk involved in Storebrand Indeks investment, and either accepting that risk or mitigating it. Along with some common measures of Storebrand Indeks 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 Performance0.0959
Market Risk Adjusted Performance7.77
Mean Deviation3.46
Coefficient Of Variation2030.67
Standard Deviation6.0
Variance36.05
Information Ratio0.0239

Storebrand Indeks 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.
PennyMac Financial vs. Storebrand Indeks
Sprint vs. Storebrand Indeks
GM vs. Storebrand Indeks
SPDR SP vs. Storebrand Indeks
Facebook vs. Storebrand Indeks
Salient MLP vs. Storebrand Indeks
Digital Turbine vs. Storebrand Indeks
ConocoPhillips vs. Storebrand Indeks
United Rentals vs. Storebrand Indeks
Kinross Gold vs. Storebrand Indeks
Fly Leasing vs. Storebrand Indeks
R1 RCM vs. Storebrand Indeks
Additionally, take a look at World Market Map. Please also try Portfolio File Import module to quickly import all of your third-party portfolios from your local drive in csv format.
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