UBS Fund (Switzerland) Volatility
| OILUSA Etf | USD 53.56 0.10 0.19% |
UBS Fund appears to be very steady, given 3 months investment horizon. UBS Fund Solutions owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.27, which indicates the etf had a 0.27% return per unit of standard deviation over the last 3 months. We have found twenty-nine technical indicators for UBS Fund Solutions, which you can use to evaluate the volatility of the entity. Please review UBS Fund's Market Risk Adjusted Performance of (7.19), downside deviation of 1.02, and Risk Adjusted Performance of 0.1426 to confirm if our risk estimates are consistent with your expectations. Key indicators related to UBS Fund's volatility include:
30 Days Market Risk | Chance Of Distress | 30 Days Economic Sensitivity |
UBS Fund Etf 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 UBS daily returns, and it is calculated using variance and standard deviation. We also use UBS's beta, its sensitivity to the market, as well as its odds of financial distress to provide a more practical estimation of UBS Fund volatility.
UBS |
Since volatility provides investors with entry points to take advantage of stock prices, companies, such as UBS Fund 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 UBS Fund at lower prices. For example, an investor can purchase UBS 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 UBS Fund'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 UBS Etf
| 0.86 | JPNJPA | UBSFund Solutions MSCI | PairCorr |
| 0.87 | VUSA | Vanguard SP 500 | PairCorr |
| 0.76 | CSNKY | iShares VII PLC | PairCorr |
| 0.8 | CSSPX | iShares Core SP | PairCorr |
| 0.85 | LYJPN | Lyxor Japan UCITS | PairCorr |
| 0.78 | EIMI | iShares Core MSCI | PairCorr |
| 0.8 | IUSA | iShares SP 500 | PairCorr |
| 0.82 | MSE | Lyxor UCITS Stoxx | PairCorr |
| 0.9 | IEAC | iShares Core Corp | PairCorr |
Moving against UBS Etf
UBS Fund Market Sensitivity And Downside Risk
UBS Fund's beta coefficient measures the volatility of UBS etf 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 UBS etf's returns against your selected market. In other words, UBS Fund's beta of -0.0293 provides an investor with an approximation of how much risk UBS Fund etf can potentially add to one of your existing portfolios. UBS Fund Solutions has relatively low volatility with skewness of -0.57 and kurtosis of 0.27. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure UBS Fund's etf risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact UBS Fund's etf 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 UBS Fund Solutions Demand TrendCheck current 90 days UBS Fund correlation with market (NYSE Composite)UBS Beta |
UBS 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 | 0.95 |
It is essential to understand the difference between upside risk (as represented by UBS Fund's standard deviation) and the downside risk, which can be measured by semi-deviation or downside deviation of UBS Fund's daily returns or price. Since the actual investment returns on holding a position in ubs etf 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 UBS Fund.
UBS Fund Solutions Etf Volatility Analysis
Volatility refers to the frequency at which UBS Fund etf price increases or decreases within a specified period. These fluctuations usually indicate the level of risk that's associated with UBS Fund's price changes. Investors will then calculate the volatility of UBS Fund's etf to predict their future moves. A etf that has erratic price changes quickly hits new highs, and lows are considered highly volatile. A etf with relatively stable price changes has low volatility. A highly volatile etf 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 UBS Fund's volatility:
Historical Volatility
This type of etf volatility measures UBS Fund's fluctuations based on previous trends. It's commonly used to predict UBS Fund's future behavior based on its past. However, it cannot conclusively determine the future direction of the etf.Implied Volatility
This type of volatility provides a positive outlook on future price fluctuations for UBS Fund's current market price. This means that the etf will return to its initially predicted market price. This type of volatility can be derived from derivative instruments written on UBS Fund's 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. UBS Fund Solutions 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.
UBS Fund Projected Return Density Against Market
Assuming the 90 days trading horizon UBS Fund Solutions has a beta of -0.0293 . This indicates as returns on the benchmark increase, returns on holding UBS Fund are expected to decrease at a much lower rate. During a bear market, however, UBS Fund Solutions 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 UBS Fund or UBS Fund Management (Switzerland) AG 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 UBS Fund's price will be affected by overall etf 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 UBS etf'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.
UBS Fund Solutions has an alpha of 0.2125, 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 an UBS Fund Price Volatility?
Several factors can influence a etf'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.UBS Fund Etf Risk Measures
Assuming the 90 days trading horizon the coefficient of variation of UBS Fund is 375.24. The daily returns are distributed with a variance of 0.91 and standard deviation of 0.95. The mean deviation of UBS Fund Solutions is currently at 0.75. For similar time horizon, the selected benchmark (NYSE Composite) has volatility of 0.63
α | Alpha over NYSE Composite | 0.21 | |
β | Beta against NYSE Composite | -0.03 | |
σ | Overall volatility | 0.95 | |
Ir | Information ratio | 0.16 |
UBS Fund Etf Return Volatility
UBS Fund historical daily return volatility represents how much of UBS Fund etf's daily returns swing around its mean - it is a statistical measure of its dispersion of returns. The ETF accepts 0.954% volatility on return distribution over the 90 days horizon. By contrast, NYSE Composite accepts 0.6196% volatility on return distribution over the 90 days horizon. Performance |
| Timeline |
About UBS Fund Volatility
Volatility is a rate at which the price of UBS Fund 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 UBS Fund may increase or decrease. In other words, similar to UBS's beta indicator, it measures the risk of UBS Fund and helps estimate the fluctuations that may happen in a short period of time. So if prices of UBS Fund 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.The investment objective of the sub-funds CMCI Oil ETF SF-A and CMCI Oil ETF SF-I consists of replicating the performance of the underlying UBS Bloomberg CMCI WTI Crude Oil USD Index , and thereby participating in the performance of this index plus an additional cash return. UBSETF CMCI is traded on Switzerland Exchange in Switzerland.
UBS Fund'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 UBS Etf over a specified period of time, often expressed as the standard deviation of daily returns. In other words, it measures how much UBS Fund's price varies over time.
3 ways to utilize UBS Fund's volatility to invest better
Higher UBS Fund's etf volatility means that the price of its stock is changing rapidly and unpredictably, while lower stock volatility indicates that the price of UBS Fund Solutions etf 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. UBS Fund Solutions etf 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 UBS Fund Solutions investment. A higher volatility means higher risk and potentially larger changes in value.
- Identifying Opportunities: High volatility in UBS Fund's etf 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 UBS Fund's etf relates to your other investments can help you create a well-diversified portfolio of assets with varying levels of risk.
UBS Fund Investment Opportunity
UBS Fund Solutions has a volatility of 0.95 and is 1.53 times more volatile than NYSE Composite. 8 percent of all equities and portfolios are less risky than UBS Fund. You can use UBS Fund Solutions to enhance the returns of your portfolios. The etf experiences a normal upward fluctuation. Check odds of UBS Fund to be traded at $56.24 in 90 days.Good diversification
The correlation between UBS Fund Solutions and NYA is -0.02 (i.e., Good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding UBS Fund Solutions and NYA in the same portfolio, assuming nothing else is changed.
UBS Fund Additional Risk Indicators
The analysis of UBS Fund'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 UBS Fund's investment and either accepting that risk or mitigating it. Along with some common measures of UBS Fund etf'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 | 0.1426 | |||
| Market Risk Adjusted Performance | (7.19) | |||
| Mean Deviation | 0.7861 | |||
| Semi Deviation | 0.8036 | |||
| Downside Deviation | 1.02 | |||
| Coefficient Of Variation | 451.61 | |||
| Standard Deviation | 0.9978 |
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential etfs, we recommend comparing similar etfs with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.
UBS Fund 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 UBS Fund 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. UBS Fund'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, UBS Fund'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 UBS Fund Solutions.
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in UBS Fund Solutions. Also, note that the market value of any etf could be tightly coupled with the direction of predictive economic indicators such as signals in state. You can also try the Balance Of Power module to check stock momentum by analyzing Balance Of Power indicator and other technical ratios.