AAZZF Stock Volatility

AAZZF
 Stock
  

USD 9.15  0.17  1.89%   

Our philosophy in foreseeing 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 A2Z SMART TECHNOLOGIES, which you can use to evaluate the future volatility of the entity. Please confirm A2Z SMART TECHNOLOGIES Coefficient Of Variation of 800.11, market risk adjusted performance of (2.24), and Mean Deviation of 3.24 to double-check if the risk estimate we provide is consistent with the expected return of 0.0%.
  
Refresh
A2Z SMART 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 AAZZF daily returns, and it is calculated using variance and standard deviation. We also use AAZZF's beta, its sensitivity to the market, as well as its odds of financial distress to provide a more practical estimation of A2Z SMART volatility.

720 Days Market Risk

Very steady

Chance of Distress

High

720 Days Economic Sensitivity

Almost neglects market trends
Since volatility provides investors with entry points to take advantage of stock prices, companies, such as A2Z SMART 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 A2Z SMART at lower prices. For example, an investor can purchase AAZZF 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 A2Z SMART's 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.

Moving against A2Z SMART

0.67EADSYEuropean Aeronautic ADRPairCorr
0.67SBNCSouthern BancsharesPairCorr
0.62EADSFEuropean AeronauticPairCorr
0.61SAFRFSafran SA OrdPairCorr
0.56FMBLFarmers Merch BkPairCorr
0.55AMKBFAP Moeller MaersPairCorr

A2Z SMART Market Sensitivity And Downside Risk

A2Z SMART's beta coefficient measures the volatility of AAZZF 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 AAZZF stock's returns against your selected market. In other words, A2Z SMART's beta of -0.23 provides an investor with an approximation of how much risk A2Z SMART stock can potentially add to one of your existing portfolios.
Let's try to break down what AAZZF's beta means in this case. As returns on the market increase, returns on owning A2Z SMART are expected to decrease at a much lower rate. During the bear market, A2Z SMART is likely to outperform the market.
3 Months Beta |Analyze A2Z SMART TECHNOLOGIES Demand Trend
Check current 90 days A2Z SMART correlation with market (DOW)

AAZZF Beta

    
  -0.23  
AAZZF standard deviation measures the daily dispersion of prices over your selected time horizon relative to its mean. Typical volatile equity 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

    
  0.0  
It is essential to understand the difference between upside risk (as represented by A2Z SMART's standard deviation) and the downside risk, which can be measured by semi-deviation or downside deviation of A2Z SMART stock's daily returns or price. Since the actual investment returns on holding a position in A2Z SMART 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 A2Z SMART.

A2Z SMART TECHNOLOGIES Stock Volatility Analysis

Volatility refers to the frequency at which A2Z SMART stock price increases or decreases within a specified period. These fluctuations usually indicate the level of risk that's associated with A2Z SMART's price changes. Investors will then calculate the volatility of A2Z SMART's 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 A2Z SMART's volatility:

Historical Volatility

This type of stock volatility measures A2Z SMART's fluctuations based on previous trends. It's commonly used to predict A2Z SMART's 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 A2Z SMART's current market price. This means that the stock will return to its initially predicted market price.
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.

A2Z SMART Projected Return Density Against Market

Assuming the 90 days horizon A2Z SMART TECHNOLOGIES has a beta of -0.2286 . This suggests as returns on benchmark increase, returns on holding A2Z SMART are expected to decrease at a much lower rate. During the bear market, however, A2Z SMART TECHNOLOGIES is likely to outperform the market.
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 A2Z SMART or Industrials 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 A2Z SMART 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 AAZZF 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 0.4802, implying that it can generate a 0.48 percent excess return over DOW after adjusting for the inherited market risk (beta).
 Predicted Return Density 
      Returns 
A2Z SMART's volatility is measured either by using standard deviation or beta. Standard deviation will reflect the average amount of how A2Z SMART stock's price will differ from the mean after some time.To get its calculation, you should first determine the mean price during the specified period then subtract that from each price point.

What Drives a Company's Stock Price Volatility?

Several factors can influence a company's stock 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.

A2Z SMART Stock 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 A2Z SMART or Industrials 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 A2Z SMART 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 AAZZF 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 90 days horizon the coefficient of variation of A2Z SMART is 0.0. The daily returns are distributed with a variance of 0.0 and standard deviation of 0.0. The mean deviation of A2Z SMART TECHNOLOGIES is currently at 0.0. For similar time horizon, the selected benchmark (DOW) has volatility of 1.42
α
Alpha over DOW
0.48
β
Beta against DOW-0.23
σ
Overall volatility
0.00
Ir
Information ratio 0.16

A2Z SMART Stock Return Volatility

A2Z SMART historical daily return volatility represents how much A2Z SMART stock's price daily returns swing around its mean daily price change - it is a statistical measure of its dispersion of returns. The firm shows 0.0% volatility of returns over 90 . By contrast, DOW inherits 1.438% risk (volatility on return distribution) over the 90 days horizon.
 Performance (%) 
      Timeline 

About A2Z SMART Volatility

Volatility is a rate at which the price of A2Z SMART 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 A2Z SMART may increase or decrease. In other words, similar to AAZZF's beta indicator, it measures the risk of A2Z SMART and helps estimate the fluctuations that may happen in a short period of time. So if prices of A2Z SMART 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.
A2Z Smart Technologies Corp. provides services in the field of advanced engineering capabilities to the militarysecurity markets and governmental agencies in Israel. A2Z Smart Technologies Corp. is headquartered in Vancouver, Canada. A2Z Smart is traded on OTC Exchange in the United States.

A2Z SMART Investment Opportunity

DOW has a standard deviation of returns of 1.44 and is 9.223372036854776E16 times more volatile than A2Z SMART TECHNOLOGIES. of all equities and portfolios are less risky than A2Z SMART. Compared to the overall equity markets, volatility of historical daily returns of A2Z SMART TECHNOLOGIES is lower than 0 () of all global equities and portfolios over the last 90 days. Use A2Z SMART TECHNOLOGIES to enhance the returns of your portfolios. The stock experiences a large bullish trend. Check odds of A2Z SMART to be traded at $10.07 in 90 days. . Let's try to break down what AAZZF's beta means in this case. As returns on the market increase, returns on owning A2Z SMART are expected to decrease at a much lower rate. During the bear market, A2Z SMART is likely to outperform the market.

Good diversification

The correlation between A2Z SMART TECHNOLOGIES CORP and DJI is Good diversification for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding A2Z SMART TECHNOLOGIES CORP and DJI in the same portfolio, assuming nothing else is changed.

A2Z SMART Additional Risk Indicators

The analysis of A2Z SMART's 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 A2Z SMART's investment and either accepting that risk or mitigating it. Along with some common measures of A2Z SMART 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 the risk of your existing portfolios.
Risk Adjusted Performance0.1843
Market Risk Adjusted Performance(2.24)
Mean Deviation3.24
Semi Deviation3.25
Downside Deviation3.66
Coefficient Of Variation800.11
Standard Deviation4.2
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 similar equities with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.

A2Z SMART 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.
Teucrium Corn vs. A2Z SMART
Cincinnati Financial vs. A2Z SMART
Chevron Corp vs. A2Z SMART
Northrop Grumman vs. A2Z SMART
Conagra Brands vs. A2Z SMART
Macroaxis vs. A2Z SMART
Verizon Communications vs. A2Z SMART
Micron Technology vs. A2Z SMART
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 A2Z SMART 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. A2Z SMART's 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, A2Z SMART's 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 A2Z SMART TECHNOLOGIES.
Please continue to Trending Equities. Note that the A2Z SMART TECHNOLOGIES information on this page should be used as a complementary analysis to other A2Z SMART's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Idea Breakdown module to analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes.

Other Tools for AAZZF Stock

When running A2Z SMART TECHNOLOGIES price analysis, check to measure A2Z SMART's 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 A2Z SMART is operating at the current time. Most of A2Z SMART's value examination focuses on studying past and present price action to predict the probability of A2Z SMART's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move A2Z SMART's price. Additionally, you may evaluate how the addition of A2Z SMART to your portfolios can decrease your overall portfolio volatility.
Instant Ratings
Determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance
Go
Technical Analysis
Check basic technical indicators and analysis based on most latest market data
Go
Premium Stories
Follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope
Go
Pair Correlation
Compare performance and examine fundamental relationship between any two equity instruments
Go
Probability Of Bankruptcy
Get analysis of equity chance of financial distress in the next 2 years
Go
Theme Ratings
Determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance
Go
Companies Directory
Evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals
Go
Sync Your Broker
Sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors.
Go
Portfolio File Import
Quickly import all of your third-party portfolios from your local drive in csv format
Go
Portfolio Backtesting
Avoid under-diversification and over-optimization by backtesting your portfolios
Go
Bollinger Bands
Use Bollinger Bands indicator to analyze target price for a given investing horizon
Go