Curo Group Holdings Stock Volatility
| CURO Stock | USD 0.06 0.02 24.87% |
Curo Group Holdings secures Sharpe Ratio (or Efficiency) of -0.23, which signifies that the company had a -0.23% return per unit of risk over the last 3 months. Curo Group Holdings exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Curo Group's Standard Deviation of 15.15, mean deviation of 9.48, and Risk Adjusted Performance of (0.09) to double-check the risk estimate we provide. Key indicators related to Curo Group's volatility include:
30 Days Market Risk | Chance Of Distress | 30 Days Economic Sensitivity |
Curo 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 Curo daily returns, and it is calculated using variance and standard deviation. We also use Curo's beta, its sensitivity to the market, as well as its odds of financial distress to provide a more practical estimation of Curo Group volatility.
Curo |
Since volatility provides investors with entry points to take advantage of stock prices, companies, such as Curo Group 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 Curo Group at lower prices. For example, an investor can purchase Curo 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 Curo Group'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 together with Curo Stock
| 0.83 | ECPG | Encore Capital Group Financial Report 1st of May 2024 | PairCorr |
Moving against Curo Stock
| 0.87 | FNVT | Finnovate Acquisition | PairCorr |
| 0.74 | GS | Goldman Sachs Group Financial Report 17th of July 2024 | PairCorr |
| 0.71 | MS | Morgan Stanley Financial Report 16th of July 2024 | PairCorr |
| 0.7 | DFS | Discover Financial Financial Report 17th of July 2024 | PairCorr |
| 0.66 | AXP | American Express Financial Report 19th of July 2024 | PairCorr |
| 0.65 | FCFS | FirstCash Earnings Call This Week | PairCorr |
| 0.65 | COF | Capital One Financial Earnings Call This Week | PairCorr |
| 0.55 | FDUS | Fidus Investment Corp Financial Report 2nd of May 2024 | PairCorr |
| 0.53 | MA | Mastercard Financial Report 25th of April 2024 | PairCorr |
Curo Group Market Sensitivity And Downside Risk
Curo Group's beta coefficient measures the volatility of Curo 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 Curo stock's returns against your selected market. In other words, Curo Group's beta of -4.42 provides an investor with an approximation of how much risk Curo Group stock can potentially add to one of your existing portfolios. Curo Group Holdings is displaying above-average volatility over the selected time horizon. Curo Group Holdings is a penny stock. Although Curo Group may be in fact a good investment, many penny stocks are subject to artificial price hype. Make sure you completely understand the upside potential and downside risk of investing in Curo Group Holdings. We encourage investors to look for signals such as message board hypes, claims of breakthroughs, email spams, sudden volume upswings, and other similar hype indicators. We also encourage traders to check biographies and work history of company officers before investing in instruments with high volatility. You can indeed make money on Curo instrument if you perfectly time your entry and exit. However, remember that penny stocks that have been the subject of artificial hype usually unable to maintain their increased share price for more than just a few days. The price of a promoted high volatility instrument will almost always revert back. The only way to increase shareholder value is through legitimate performance backed up by solid fundamentals.
3 Months Beta |Analyze Curo Group Holdings Demand TrendCheck current 90 days Curo Group correlation with market (NYSE Composite)Curo Beta |
Curo 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 | 17.8 |
It is essential to understand the difference between upside risk (as represented by Curo Group's standard deviation) and the downside risk, which can be measured by semi-deviation or downside deviation of Curo Group's daily returns or price. Since the actual investment returns on holding a position in curo 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 Curo Group.
Using Curo Put Option to Manage Risk
Put options written on Curo Group grant holders of the option the right to sell a specified amount of Curo Group 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 Curo Stock cannot fall below zero, the put buyer does gain as the price drops. So, one way investors can hedge Curo Group's 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 Curo Group will be realized, the loss incurred will be offset by the profits made with the option trade.
Curo Group's PUT expiring on 2024-07-19
Profit |
| Curo Group Price At Expiration |
Current Curo Group Insurance Chain
| Delta | Gamma | Open Int | Expiration | Current Spread | Last Price | |||
Put | 2024-07-19 PUT at $2.5 | -0.1057 | 0.2258 | 1 | 2024-07-19 | 0.85 - 1.85 | 1.39 | View |
Curo Group Holdings Stock Volatility Analysis
Volatility refers to the frequency at which Curo Group stock price increases or decreases within a specified period. These fluctuations usually indicate the level of risk that's associated with Curo Group's price changes. Investors will then calculate the volatility of Curo Group'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 Curo Group's volatility:
Historical Volatility
This type of stock volatility measures Curo Group's fluctuations based on previous trends. It's commonly used to predict Curo Group'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 Curo Group's 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 Curo Group's to be redeemed at a future date.Transformation |
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Curo Group Projected Return Density Against Market
Given the investment horizon of 90 days Curo Group Holdings has a beta of -4.4192 suggesting as returns on its benchmark rise, returns on holding Curo Group Holdings are expected to decrease by similarly larger amounts. On the other hand, during market turmoils, Curo Group is expected to outperform its benchmark.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 Curo Group or Consumer Finance 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 Curo Group'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 Curo 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.
Curo Group Holdings has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite. Predicted Return Density |
| Returns |
What Drives a Curo Group 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.Curo Group Stock Risk Measures
Given the investment horizon of 90 days the coefficient of variation of Curo Group is -433.91. The daily returns are distributed with a variance of 316.8 and standard deviation of 17.8. The mean deviation of Curo Group Holdings is currently at 11.62. For similar time horizon, the selected benchmark (NYSE Composite) has volatility of 0.61
α | Alpha over NYSE Composite | -2.18 | |
β | Beta against NYSE Composite | -4.42 | |
σ | Overall volatility | 17.80 | |
Ir | Information ratio | -0.17 |
Curo Group Stock Return Volatility
Curo Group historical daily return volatility represents how much of Curo Group stock's daily returns swing around its mean - it is a statistical measure of its dispersion of returns. The firm inherits 17.7988% risk (volatility on return distribution) over the 90 days horizon. By contrast, NYSE Composite accepts 0.6294% volatility on return distribution over the 90 days horizon. Performance |
| Timeline |
About Curo Group Volatility
Volatility is a rate at which the price of Curo 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 Curo Group may increase or decrease. In other words, similar to Curo's beta indicator, it measures the risk of Curo Group and helps estimate the fluctuations that may happen in a short period of time. So if prices of Curo 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.| Last Reported | Projected for Next Year | ||
| Selling And Marketing Expenses | 9.2 M | 8.8 M | |
| Market Cap | 593 M | 622.7 M |
Curo Group's 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 Curo Stock over a specified period of time, often expressed as the standard deviation of daily returns. In other words, it measures how much Curo Group's price varies over time.
3 ways to utilize Curo Group's volatility to invest better
Higher Curo Group's stock volatility means that the price of its stock is changing rapidly and unpredictably, while lower stock volatility indicates that the price of Curo Group 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. Curo Group 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 Curo Group Holdings investment. A higher volatility means higher risk and potentially larger changes in value.
- Identifying Opportunities: High volatility in Curo Group's 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 Curo Group's stock relates to your other investments can help you create a well-diversified portfolio of assets with varying levels of risk.
Curo Group Investment Opportunity
Curo Group Holdings has a volatility of 17.8 and is 28.25 times more volatile than NYSE Composite. 96 percent of all equities and portfolios are less risky than Curo Group. You can use Curo Group Holdings to protect your portfolios against small market fluctuations. The stock experiences a very speculative upward sentiment. Check odds of Curo Group to be traded at $0.0571 in 90 days.Good diversification
The correlation between Curo Group Holdings and NYA is -0.18 (i.e., Good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Curo Group Holdings and NYA in the same portfolio, assuming nothing else is changed.
Curo Group Additional Risk Indicators
The analysis of Curo Group'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 Curo Group's investment and either accepting that risk or mitigating it. Along with some common measures of Curo Group 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 | (0.09) | |||
| Market Risk Adjusted Performance | 0.5794 | |||
| Mean Deviation | 9.48 | |||
| Coefficient Of Variation | (604.29) | |||
| Standard Deviation | 15.15 | |||
| Variance | 229.38 | |||
| Information Ratio | (0.17) |
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.
Curo 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.
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 Curo Group 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. Curo Group'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, Curo Group'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 Curo Group Holdings.
When determining whether Curo Group Holdings offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Curo Group's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Curo Group Holdings Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Curo Group Holdings Stock: 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 signals in metropolitan statistical area. You can also try the Sign In To Macroaxis module to sign in to explore Macroaxis' wealth optimization platform and fintech modules.
Complementary Tools for Curo Stock analysis
When running Curo Group's price analysis, check to measure Curo Group'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 Curo Group is operating at the current time. Most of Curo Group's value examination focuses on studying past and present price action to predict the probability of Curo Group's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Curo Group's price. Additionally, you may evaluate how the addition of Curo Group to your portfolios can decrease your overall portfolio volatility.
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Is Curo Group's 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 Curo Group. If investors know Curo 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 Curo Group 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 (0.95) | Earnings Share (4.53) | Revenue Per Share 5.961 | Quarterly Revenue Growth (0.23) | Return On Assets (0.08) |
The market value of Curo Group Holdings is measured differently than its book value, which is the value of Curo that is recorded on the company's balance sheet. Investors also form their own opinion of Curo Group's value that differs from its market value or its book value, called intrinsic value, which is Curo Group's 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 Curo Group's market value can be influenced by many factors that don't directly affect Curo Group's 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 Curo Group's value and its price as these two are different measures arrived at by different means. Investors typically determine if Curo Group is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Curo Group's 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.