ZEGA Buy Etf Volatility

Moving together with ZEGA Buy

ZEGA Buy Market Sensitivity And Downside Risk

ZEGA Buy And has low volatility with Treynor Ratio of 0.07, Maximum Drawdown of 3.73 and kurtosis of -0.82. However, we advice all investors to further analyze ZEGA Buy And to make certain all market information is desiminated and is consistent with the current expectations about ZEGA Buy upside potential. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure ZEGA Buy'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 ZEGA Buy'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 stocks as prices fall. 3 Months Beta |Analyze ZEGA Buy And Demand TrendCheck current 90 days ZEGA Buy correlation with market (NYSE Composite)

ZEGA Buy Beta

0.82

Standard Deviation

0.92

Using ZEGA Buy Put Option to Manage Risk

ZEGA Buy's PUT expiring on 2023-04-21

ZEGA Buy And Etf Volatility Analysis

ZEGA Buy Projected Return Density Against Market

Given the investment horizon of 90 days ZEGA Buy has a beta of 0.815 . This usually means as returns on the market go up, ZEGA Buy average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding ZEGA Buy And will be expected to be much smaller as well. The company has an alpha of 0.048, implying that it can generate a 0.048 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta). ZEGA Buy's volatility is measured either by using standard deviation or beta. Standard deviation will reflect the average amount of how zega buy etf'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 ZEGA Buy 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.

ZEGA Buy Etf Risk Measures

ZEGA Buy Etf Return Volatility

ZEGA Buy historical daily return volatility represents how much of ZEGA Buy etf's daily returns swing around its mean - it is a statistical measure of its dispersion of returns. The Exchange Traded Fund inherits 0.9212% risk (volatility on return distribution) over the 90 days horizon. By contrast, NYSE Composite accepts 0.9548% volatility on return distribution over the 90 days horizon.

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

ZEGA Buy'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 ZEGA Buy Etf over a specified period of time, often expressed as the standard deviation of daily returns. In other words, it measures how much ZEGA Buy's price varies over time.

The analysis of ZEGA Buy'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 ZEGA Buy's investment and either accepting that risk or mitigating it. Along with some common measures of ZEGA Buy 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.

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.

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 ZEGA Buy 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. ZEGA Buy'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, ZEGA Buy'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 ZEGA Buy And.

Check out Your Current Watchlist. For more detail on how to invest in ZEGA Buy Etf please use our How to Invest in ZEGA Buy guide. Note that the ZEGA Buy And information on this page should be used as a complementary analysis to other ZEGA Buy'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 Options Analysis module to analyze and evaluate options and option chains as a potential hedge for your portfolios.

When running ZEGA Buy And price analysis, check to measure ZEGA Buy'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 ZEGA Buy is operating at the current time. Most of ZEGA Buy's value examination focuses on studying past and present price action to predict the probability of ZEGA Buy's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move ZEGA Buy's price. Additionally, you may evaluate how the addition of ZEGA Buy to your portfolios can decrease your overall portfolio volatility.

The market value of ZEGA Buy And is measured differently than its book value, which is the value of ZEGA Buy that is recorded on the company's balance sheet. Investors also form their own opinion of ZEGA Buy's value that differs from its market value or its book value, called intrinsic value, which is ZEGA Buy'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 ZEGA Buy's market value can be influenced by many factors that don't directly affect ZEGA Buy'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 ZEGA Buy's value and its price as these two are different measures arrived at by different means. Investors typically determine ZEGA Buy value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ZEGA Buy'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.