Qube Holdings (Australia) Volatility
| QUB Stock | 3.59 0.02 0.56% |
We consider Qube Holdings slightly risky. Qube Holdings maintains Sharpe Ratio (i.e., Efficiency) of 0.0972, which implies the firm had a 0.0972% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Qube Holdings, which you can use to evaluate the volatility of the company. Please check Qube Holdings' Semi Deviation of 1.22, risk adjusted performance of 0.0747, and Coefficient Of Variation of 900.33 to confirm if the risk estimate we provide is consistent with the expected return of 0.16%. Key indicators related to Qube Holdings' volatility include:
720 Days Market Risk | Chance Of Distress | 720 Days Economic Sensitivity |
Qube Holdings 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 Qube daily returns, and it is calculated using variance and standard deviation. We also use Qube's beta, its sensitivity to the market, as well as its odds of financial distress to provide a more practical estimation of Qube Holdings volatility.
Qube |
Since volatility provides investors with entry points to take advantage of stock prices, companies, such as Qube Holdings 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 Qube Holdings at lower prices. For example, an investor can purchase Qube 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 Qube Holdings' 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 Qube Stock
| 0.68 | MQGPD | Macquarie Group | PairCorr |
| 0.67 | CBAPG | Commonwealth Bank | PairCorr |
| 0.7 | CBAPK | Commonwealth Bank | PairCorr |
| 0.73 | CBAPJ | Commonwealth Bank | PairCorr |
Qube Holdings Market Sensitivity And Downside Risk
Qube Holdings' beta coefficient measures the volatility of Qube 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 Qube stock's returns against your selected market. In other words, Qube Holdings's beta of 0.23 provides an investor with an approximation of how much risk Qube Holdings stock can potentially add to one of your existing portfolios. Qube Holdings has relatively low volatility with skewness of 1.06 and kurtosis of 4.08. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Qube Holdings' stock risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact Qube Holdings' stock 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 Qube Holdings Demand TrendCheck current 90 days Qube Holdings correlation with market (NYSE Composite)Qube Beta |
Qube 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 | 1.6 |
It is essential to understand the difference between upside risk (as represented by Qube Holdings's standard deviation) and the downside risk, which can be measured by semi-deviation or downside deviation of Qube Holdings' daily returns or price. Since the actual investment returns on holding a position in qube 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 Qube Holdings.
Qube Holdings Stock Volatility Analysis
Volatility refers to the frequency at which Qube Holdings stock price increases or decreases within a specified period. These fluctuations usually indicate the level of risk that's associated with Qube Holdings' price changes. Investors will then calculate the volatility of Qube Holdings' 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 Qube Holdings' volatility:
Historical Volatility
This type of stock volatility measures Qube Holdings' fluctuations based on previous trends. It's commonly used to predict Qube Holdings' 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 Qube Holdings' 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 Qube Holdings' 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. Qube Holdings 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.
Qube Holdings Projected Return Density Against Market
Assuming the 90 days trading horizon Qube Holdings has a beta of 0.2347 indicating as returns on the market go up, Qube Holdings average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Qube Holdings will be expected to be much smaller as well.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 Qube Holdings or Transportation Infrastructure 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 Qube Holdings' 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 Qube 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.
Qube Holdings has an alpha of 0.1438, implying that it can generate a 0.14 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta). Predicted Return Density |
| Returns |
What Drives a Qube Holdings 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.Qube Holdings Stock Risk Measures
Assuming the 90 days trading horizon the coefficient of variation of Qube Holdings is 1028.47. The daily returns are distributed with a variance of 2.56 and standard deviation of 1.6. The mean deviation of Qube Holdings is currently at 1.13. For similar time horizon, the selected benchmark (NYSE Composite) has volatility of 0.62
α | Alpha over NYSE Composite | 0.14 | |
β | Beta against NYSE Composite | 0.23 | |
σ | Overall volatility | 1.60 | |
Ir | Information ratio | 0.05 |
Qube Holdings Stock Return Volatility
Qube Holdings historical daily return volatility represents how much of Qube Holdings stock's daily returns swing around its mean - it is a statistical measure of its dispersion of returns. The firm assumes 1.6004% volatility of returns over the 90 days investment horizon. By contrast, NYSE Composite accepts 0.6357% volatility on return distribution over the 90 days horizon. Performance |
| Timeline |
About Qube Holdings Volatility
Volatility is a rate at which the price of Qube Holdings 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 Qube Holdings may increase or decrease. In other words, similar to Qube's beta indicator, it measures the risk of Qube Holdings and helps estimate the fluctuations that may happen in a short period of time. So if prices of Qube Holdings 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 | 926.7 M | 973 M |
Qube Holdings' 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 Qube Stock over a specified period of time, often expressed as the standard deviation of daily returns. In other words, it measures how much Qube Holdings' price varies over time.
3 ways to utilize Qube Holdings' volatility to invest better
Higher Qube Holdings' stock volatility means that the price of its stock is changing rapidly and unpredictably, while lower stock volatility indicates that the price of Qube 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. Qube 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 Qube Holdings investment. A higher volatility means higher risk and potentially larger changes in value.
- Identifying Opportunities: High volatility in Qube Holdings' 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 Qube Holdings' stock relates to your other investments can help you create a well-diversified portfolio of assets with varying levels of risk.
Qube Holdings Investment Opportunity
Qube Holdings has a volatility of 1.6 and is 2.5 times more volatile than NYSE Composite. 14 percent of all equities and portfolios are less risky than Qube Holdings. You can use Qube Holdings to enhance the returns of your portfolios. The stock experiences a moderate upward volatility. Check odds of Qube Holdings to be traded at 3.95 in 90 days.Significant diversification
The correlation between Qube Holdings and NYA is 0.09 (i.e., Significant diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Qube Holdings and NYA in the same portfolio, assuming nothing else is changed.
Qube Holdings Additional Risk Indicators
The analysis of Qube Holdings' 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 Qube Holdings' investment and either accepting that risk or mitigating it. Along with some common measures of Qube Holdings 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 | 0.0747 | |||
| Market Risk Adjusted Performance | 0.6998 | |||
| Mean Deviation | 1.09 | |||
| Semi Deviation | 1.22 | |||
| Downside Deviation | 1.41 | |||
| Coefficient Of Variation | 900.33 | |||
| Standard Deviation | 1.55 |
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.
Qube Holdings 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.
| IShares Gold vs. Qube Holdings | ||
| Microsoft vs. Qube Holdings | ||
| GM vs. Qube Holdings | ||
| Visa vs. Qube Holdings | ||
| Salesforce vs. Qube Holdings | ||
| Alphabet vs. Qube Holdings | ||
| Citigroup vs. Qube Holdings | ||
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 Qube Holdings 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. Qube Holdings' 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, Qube Holdings' 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 Qube Holdings.
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Qube Holdings. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors. Note that the Qube Holdings information on this page should be used as a complementary analysis to other Qube Holdings' 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 the Volatility Analysis module to get historical volatility and risk analysis based on latest market data.
Complementary Tools for Qube Stock analysis
When running Qube Holdings' price analysis, check to measure Qube Holdings' 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 Qube Holdings is operating at the current time. Most of Qube Holdings' value examination focuses on studying past and present price action to predict the probability of Qube Holdings' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Qube Holdings' price. Additionally, you may evaluate how the addition of Qube Holdings to your portfolios can decrease your overall portfolio volatility.
| Commodity Directory Find actively traded commodities issued by global exchanges | |
| ETFs Find actively traded Exchange Traded Funds (ETF) from around the world | |
| Price Transformation Use Price Transformation models to analyze the depth of different equity instruments across global markets | |
| Fundamentals Comparison Compare fundamentals across multiple equities to find investing opportunities | |
| Pair Correlation Compare performance and examine fundamental relationship between any two equity instruments | |
| Correlation Analysis Reduce portfolio risk simply by holding instruments which are not perfectly correlated | |
| AI Portfolio Architect Use AI to generate optimal portfolios and find profitable investment opportunities | |
| Price Exposure Probability Analyze equity upside and downside potential for a given time horizon across multiple markets | |
| USA ETFs Find actively traded Exchange Traded Funds (ETF) in USA | |
| Bonds Directory Find actively traded corporate debentures issued by US companies |