Aenza SAA Volatility
| AENZDelisted Stock | USD 1.81 0.15 7.65% |
We have found twenty-three technical indicators for Aenza SAA, which you can use to evaluate the volatility of the firm. Please confirm Aenza SAA's Risk Adjusted Performance of (0.03), mean deviation of 3.41, and Standard Deviation of 5.36 to double-check if the risk estimate we provide is consistent with the expected return of 0.0%. Key indicators related to Aenza SAA's volatility include:
90 Days Market Risk | Chance Of Distress | 90 Days Economic Sensitivity |
Aenza SAA 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 Aenza daily returns, and it is calculated using variance and standard deviation. We also use Aenza's beta, its sensitivity to the market, as well as its odds of financial distress to provide a more practical estimation of Aenza SAA volatility.
Aenza |
Since volatility provides investors with entry points to take advantage of stock prices, companies, such as Aenza SAA 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 Aenza SAA at lower prices. For example, an investor can purchase Aenza 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 Aenza SAA'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 Aenza Stock
| 0.75 | BKRKY | Bank Rakyat Normal Trading | PairCorr |
| 0.67 | PPERF | Bank Mandiri Persero Earnings Call This Week | PairCorr |
| 0.68 | PPERY | Bank Mandiri Persero Earnings Call This Week | PairCorr |
| 0.73 | PBCRY | Bank Central Asia Earnings Call Tomorrow | PairCorr |
Moving against Aenza Stock
| 0.76 | CSCO | Cisco Systems Aggressive Push | PairCorr |
| 0.72 | AXP | American Express Earnings Call Tomorrow | PairCorr |
| 0.68 | WMT | Walmart Aggressive Push | PairCorr |
| 0.66 | BAC | Bank of America | PairCorr |
| 0.65 | DIS | Walt Disney | PairCorr |
| 0.63 | MNPR | Monopar Therapeutics Trending | PairCorr |
| 0.41 | MMM | 3M Company Fiscal Year End 28th of January 2025 | PairCorr |
| 0.4 | DNOW | Now Inc | PairCorr |
| 0.38 | T | ATT Inc Aggressive Push | PairCorr |
Aenza SAA Market Sensitivity And Downside Risk
Aenza SAA's beta coefficient measures the volatility of Aenza 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 Aenza stock's returns against your selected market. In other words, Aenza SAA's beta of 1.09 provides an investor with an approximation of how much risk Aenza SAA stock can potentially add to one of your existing portfolios. Aenza SAA exhibits very low volatility with skewness of 0.8 and kurtosis of 4.06. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Aenza SAA's stock risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact Aenza SAA's 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 Aenza SAA Demand TrendCheck current 90 days Aenza SAA correlation with market (Dow Jones Industrial)Aenza Beta |
Aenza 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 | 0.0 |
It is essential to understand the difference between upside risk (as represented by Aenza SAA's standard deviation) and the downside risk, which can be measured by semi-deviation or downside deviation of Aenza SAA's daily returns or price. Since the actual investment returns on holding a position in aenza 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 Aenza SAA.
Aenza SAA Stock Volatility Analysis
Volatility refers to the frequency at which Aenza SAA delisted stock price increases or decreases within a specified period. These fluctuations usually indicate the level of risk that's associated with Aenza SAA's price changes. Investors will then calculate the volatility of Aenza SAA's stock to predict their future moves. A delisted 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 delisted 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 Aenza SAA's volatility:
Historical Volatility
This type of delisted stock volatility measures Aenza SAA's fluctuations based on previous trends. It's commonly used to predict Aenza SAA'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 Aenza SAA's current market price. This means that the delisted stock will return to its initially predicted market price. This type of volatility can be derived from derivative instruments written on Aenza SAA's to be redeemed at a future date.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.
Aenza SAA Projected Return Density Against Market
Given the investment horizon of 90 days the stock has the beta coefficient of 1.0918 . This suggests Aenza SAA market returns are sensitive to returns on the market. As the market goes up or down, Aenza SAA is expected to follow.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 Aenza SAA or Machinery 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 Aenza SAA'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 Aenza delisted 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.
Aenza SAA has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the Dow Jones Industrial. Predicted Return Density |
| Returns |
What Drives an Aenza SAA Price Volatility?
Several factors can influence a delisted 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.Aenza SAA Stock Return Volatility
Aenza SAA historical daily return volatility represents how much of Aenza SAA delisted stock's daily returns swing around its mean - it is a statistical measure of its dispersion of returns. The company inherits 0.0% risk (volatility on return distribution) over the 90 days horizon. By contrast, Dow Jones Industrial accepts 0.8619% volatility on return distribution over the 90 days horizon. Performance |
| Timeline |
About Aenza SAA Volatility
Volatility is a rate at which the price of Aenza SAA 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 Aenza SAA may increase or decrease. In other words, similar to Aenza's beta indicator, it measures the risk of Aenza SAA and helps estimate the fluctuations that may happen in a short period of time. So if prices of Aenza SAA 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.Aenza S.A.A., together with its subsidiaries, engages in the Infrastructure, Energy, Engineering and Construction, and Real Estate management businesses in Peru, Bolivia, Chile, Mexico, and Colombia. Aenza S.A.A. was founded in 1933 and is based in Surquillo, Peru. Aenza SAA is traded on New York Stock Exchange in the United States.
Aenza SAA'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 Aenza Stock over a specified period of time, often expressed as the standard deviation of daily returns. In other words, it measures how much Aenza SAA's price varies over time.
3 ways to utilize Aenza SAA's volatility to invest better
Higher Aenza SAA's stock volatility means that the price of its stock is changing rapidly and unpredictably, while lower stock volatility indicates that the price of Aenza SAA 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. Aenza SAA 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 Aenza SAA investment. A higher volatility means higher risk and potentially larger changes in value.
- Identifying Opportunities: High volatility in Aenza SAA'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 Aenza SAA's stock relates to your other investments can help you create a well-diversified portfolio of assets with varying levels of risk.
Aenza SAA Investment Opportunity
Dow Jones Industrial has a standard deviation of returns of 0.86 and is 9.223372036854776E16 times more volatile than Aenza SAA. 0 percent of all equities and portfolios are less risky than Aenza SAA. You can use Aenza SAA to protect your portfolios against small market fluctuations. The stock experiences a very speculative upward sentiment. Check odds of Aenza SAA to be traded at $1.7195 in 90 days.Average diversification
The correlation between Aenza SAA and DJI is 0.17 (i.e., Average diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Aenza SAA and DJI in the same portfolio, assuming nothing else is changed.
Aenza SAA Additional Risk Indicators
The analysis of Aenza SAA'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 Aenza SAA's investment and either accepting that risk or mitigating it. Along with some common measures of Aenza SAA 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 | (0.03) | |||
| Market Risk Adjusted Performance | (0.22) | |||
| Mean Deviation | 3.41 | |||
| Coefficient Of Variation | (2,206) | |||
| Standard Deviation | 5.36 | |||
| Variance | 28.72 | |||
| Information Ratio | (0.05) |
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 delisted stocks with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.
Aenza SAA 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.
| GM vs. Aenza SAA | ||
| Salesforce vs. Aenza SAA | ||
| Alphabet vs. Aenza SAA | ||
| Ford vs. Aenza SAA | ||
| Visa vs. Aenza SAA | ||
| Dupont De vs. Aenza SAA | ||
| Bank of America vs. Aenza SAA |
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 Aenza SAA 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. Aenza SAA'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, Aenza SAA'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 Aenza SAA.
Check out Trending Equities to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. You can also try the Price Transformation module to use Price Transformation models to analyze the depth of different equity instruments across global markets.
Other Consideration for investing in Aenza Stock
If you are still planning to invest in Aenza SAA check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Aenza SAA's history and understand the potential risks before investing.
| Money Flow Index Determine momentum by analyzing Money Flow Index and other technical indicators | |
| Crypto Correlations Use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins | |
| Alpha Finder Use alpha and beta coefficients to find investment opportunities after accounting for the risk | |
| Portfolio Rebalancing Analyze risk-adjusted returns against different time horizons to find asset-allocation targets | |
| Stock Screener Find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook. | |
| Odds Of Bankruptcy Get analysis of equity chance of financial distress in the next 2 years | |
| Watchlist Optimization Optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm | |
| Portfolio Anywhere Track or share privately all of your investments from the convenience of any device | |
| Cryptocurrency Center Build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency |