Ally Leasehold (Thailand) Volatility
| ALLY Stock | THB 5.15 0.05 0.96% |
Ally Leasehold appears to be somewhat reliable, given 3 months investment horizon. Ally Leasehold Real secures Sharpe Ratio (or Efficiency) of 0.19, which signifies that the company had a 0.19% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Ally Leasehold Real, which you can use to evaluate the volatility of the firm. Please makes use of Ally Leasehold's Downside Deviation of 1.32, risk adjusted performance of 0.1444, and Mean Deviation of 1.12 to double-check if our risk estimates are consistent with your expectations. Key indicators related to Ally Leasehold's volatility include:
30 Days Market Risk | Chance Of Distress | 30 Days Economic Sensitivity |
Ally Leasehold 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 Ally daily returns, and it is calculated using variance and standard deviation. We also use Ally's beta, its sensitivity to the market, as well as its odds of financial distress to provide a more practical estimation of Ally Leasehold volatility.
Ally |
Downward market volatility can be a perfect environment for investors who play the long game. Here, they may decide to buy additional stocks of Ally Leasehold at lower prices. For example, an investor can purchase Ally stock that has halved in price over a short period. This will lower their average cost per share, thereby improving the overall portfolio performance when market normalizes.
Ally Leasehold Market Sensitivity And Downside Risk
Ally Leasehold's beta coefficient measures the volatility of Ally 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 Ally stock's returns against your selected market. In other words, Ally Leasehold's beta of -0.15 provides an investor with an approximation of how much risk Ally Leasehold stock can potentially add to one of your existing portfolios. Ally Leasehold Real has relatively low volatility with skewness of 0.91 and kurtosis of 1.49. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Ally Leasehold'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 Ally Leasehold'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 Ally Leasehold Real Demand TrendCheck current 90 days Ally Leasehold correlation with market (Dow Jones Industrial)Ally Beta |
Ally 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 | 1.55 |
It is essential to understand the difference between upside risk (as represented by Ally Leasehold's standard deviation) and the downside risk, which can be measured by semi-deviation or downside deviation of Ally Leasehold's daily returns or price. Since the actual investment returns on holding a position in ally 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 Ally Leasehold.
Ally Leasehold Real Stock Volatility Analysis
Volatility refers to the frequency at which Ally Leasehold stock price increases or decreases within a specified period. These fluctuations usually indicate the level of risk that's associated with Ally Leasehold's price changes. Investors will then calculate the volatility of Ally Leasehold'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 Ally Leasehold's volatility:
Historical Volatility
This type of stock volatility measures Ally Leasehold's fluctuations based on previous trends. It's commonly used to predict Ally Leasehold'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 Ally Leasehold'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 Ally Leasehold'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. Ally Leasehold Real 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.
Ally Leasehold Projected Return Density Against Market
Assuming the 90 days trading horizon Ally Leasehold Real has a beta of -0.1478 . This suggests as returns on the benchmark increase, returns on holding Ally Leasehold are expected to decrease at a much lower rate. During a bear market, however, Ally Leasehold Real 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 Ally Leasehold or Real Estate 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 Ally Leasehold'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 Ally 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.
Ally Leasehold Real has an alpha of 0.2812, implying that it can generate a 0.28 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Predicted Return Density |
| Returns |
What Drives an Ally Leasehold 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.Ally Leasehold Stock Risk Measures
Assuming the 90 days trading horizon the coefficient of variation of Ally Leasehold is 531.26. The daily returns are distributed with a variance of 2.4 and standard deviation of 1.55. The mean deviation of Ally Leasehold Real is currently at 1.17. For similar time horizon, the selected benchmark (Dow Jones Industrial) has volatility of 0.77
α | Alpha over Dow Jones | 0.28 | |
β | Beta against Dow Jones | -0.15 | |
σ | Overall volatility | 1.55 | |
Ir | Information ratio | 0.1 |
Ally Leasehold Stock Return Volatility
Ally Leasehold historical daily return volatility represents how much of Ally Leasehold stock's daily returns swing around its mean - it is a statistical measure of its dispersion of returns. The company accepts 1.5503% volatility on return distribution over the 90 days horizon. By contrast, Dow Jones Industrial accepts 0.7496% volatility on return distribution over the 90 days horizon. Performance |
| Timeline |
About Ally Leasehold Volatility
Volatility is a rate at which the price of Ally Leasehold 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 Ally Leasehold may increase or decrease. In other words, similar to Ally's beta indicator, it measures the risk of Ally Leasehold and helps estimate the fluctuations that may happen in a short period of time. So if prices of Ally Leasehold 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.3 ways to utilize Ally Leasehold's volatility to invest better
Higher Ally Leasehold's stock volatility means that the price of its stock is changing rapidly and unpredictably, while lower stock volatility indicates that the price of Ally Leasehold Real 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. Ally Leasehold Real 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 Ally Leasehold Real investment. A higher volatility means higher risk and potentially larger changes in value.
- Identifying Opportunities: High volatility in Ally Leasehold'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 Ally Leasehold's stock relates to your other investments can help you create a well-diversified portfolio of assets with varying levels of risk.
Ally Leasehold Investment Opportunity
Ally Leasehold Real has a volatility of 1.55 and is 2.07 times more volatile than Dow Jones Industrial. 13 percent of all equities and portfolios are less risky than Ally Leasehold. You can use Ally Leasehold Real to protect your portfolios against small market fluctuations. The stock experiences a moderate downward daily trend and can be a good diversifier. Check odds of Ally Leasehold to be traded at 5.05 in 90 days.Good diversification
The correlation between Ally Leasehold Real and DJI is -0.08 (i.e., Good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Ally Leasehold Real and DJI in the same portfolio, assuming nothing else is changed.
Ally Leasehold Additional Risk Indicators
The analysis of Ally Leasehold'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 Ally Leasehold's investment and either accepting that risk or mitigating it. Along with some common measures of Ally Leasehold 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 | 0.1444 | |||
| Market Risk Adjusted Performance | (1.78) | |||
| Mean Deviation | 1.12 | |||
| Semi Deviation | 0.755 | |||
| Downside Deviation | 1.32 | |||
| Coefficient Of Variation | 549.2 | |||
| Standard Deviation | 1.51 |
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.
Ally Leasehold 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 Ally Leasehold 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. Ally Leasehold'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, Ally Leasehold'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 Ally Leasehold Real.
Other Information on Investing in Ally Stock
Ally Leasehold financial ratios help investors to determine whether Ally Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Ally with respect to the benefits of owning Ally Leasehold security.