Bb Etf (Brazil) Volatility
| BBOV11 Etf | BRL 65.55 0.73 1.13% |
Bb Etf Ibovespa retains Efficiency (Sharpe Ratio) of -0.13, which signifies that the etf had a -0.13% return per unit of price deviation over the last 3 months. Bb Etf exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Bb Etf's Information Ratio of (0.33), total risk alpha of (0.27), and Mean Deviation of 0.6055 to double-check the risk estimate we provide.
BBOV11 |
Bb Etf 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 BBOV11 daily returns, and it is calculated using variance and standard deviation. We also use BBOV11's beta, its sensitivity to the market, as well as its odds of financial distress to provide a more practical estimation of Bb Etf volatility.
Bb Etf Ibovespa Etf Volatility Analysis
Volatility refers to the frequency at which Bb Etf etf price increases or decreases within a specified period. These fluctuations usually indicate the level of risk that's associated with Bb Etf's price changes. Investors will then calculate the volatility of Bb Etf'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 Bb Etf's volatility:
Historical Volatility
This type of etf volatility measures Bb Etf's fluctuations based on previous trends. It's commonly used to predict Bb Etf'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 Bb Etf'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 Bb Etf'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. Bb Etf Ibovespa 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.
Bb Etf Projected Return Density Against Market
Assuming the 90 days trading horizon Bb Etf has a beta that is very close to zero suggesting the returns on DOW JONES INDUSTRIAL and Bb Etf do not appear to be sensitive.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 Bb Etf or BBOV11 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 Bb Etf'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 BBOV11 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.
It does not look like Bb Etf's alpha can have any bearing on the current valuation. Predicted Return Density |
| Returns |
What Drives a Bb Etf 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.Bb Etf Etf Risk Measures
Assuming the 90 days trading horizon the coefficient of variation of Bb Etf is -774.93. The daily returns are distributed with a variance of 0.67 and standard deviation of 0.82. The mean deviation of Bb Etf Ibovespa is currently at 0.61. For similar time horizon, the selected benchmark (Dow Jones Industrial) has volatility of 0.76
α | Alpha over Dow Jones | 0.00 | |
β | Beta against Dow Jones | 0.00 | |
σ | Overall volatility | 0.82 | |
Ir | Information ratio | -0.33 |
Bb Etf Etf Return Volatility
Bb Etf historical daily return volatility represents how much of Bb Etf etf's daily returns swing around its mean - it is a statistical measure of its dispersion of returns. The ETF accepts 0.8176% volatility on return distribution over the 90 days horizon. By contrast, Dow Jones Industrial accepts 0.7502% volatility on return distribution over the 90 days horizon. Performance |
| Timeline |
About Bb Etf Volatility
Volatility is a rate at which the price of Bb Etf 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 Bb Etf may increase or decrease. In other words, similar to BBOV11's beta indicator, it measures the risk of Bb Etf and helps estimate the fluctuations that may happen in a short period of time. So if prices of Bb Etf 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 Bb Etf's volatility to invest better
Higher Bb Etf's etf volatility means that the price of its stock is changing rapidly and unpredictably, while lower stock volatility indicates that the price of Bb Etf Ibovespa 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. Bb Etf Ibovespa 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 Bb Etf Ibovespa investment. A higher volatility means higher risk and potentially larger changes in value.
- Identifying Opportunities: High volatility in Bb Etf'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 Bb Etf's etf relates to your other investments can help you create a well-diversified portfolio of assets with varying levels of risk.
Bb Etf Investment Opportunity
Bb Etf Ibovespa has a volatility of 0.82 and is 1.09 times more volatile than Dow Jones Industrial. 7 percent of all equities and portfolios are less risky than Bb Etf. You can use Bb Etf Ibovespa to enhance the returns of your portfolios. The etf experiences a large bullish trend. Check odds of Bb Etf to be traded at R$72.11 in 90 days.Bb Etf Additional Risk Indicators
The analysis of Bb Etf'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 Bb Etf's investment and either accepting that risk or mitigating it. Along with some common measures of Bb Etf 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 | (0.12) | |||
| Mean Deviation | 0.6055 | |||
| Coefficient Of Variation | (639.95) | |||
| Standard Deviation | 0.8103 | |||
| Variance | 0.6566 | |||
| Information Ratio | (0.33) | |||
| Total Risk Alpha | (0.27) |
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.
Bb Etf 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.
| Microsoft vs. Bb Etf | ||
| Ford vs. Bb Etf | ||
| Alphabet vs. Bb Etf | ||
| Dupont De vs. Bb Etf | ||
| Citigroup vs. Bb Etf | ||
| GM vs. Bb Etf | ||
| Salesforce vs. Bb Etf | ||
| Visa vs. Bb Etf | ||
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 Bb Etf 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. Bb Etf'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, Bb Etf'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 Bb Etf Ibovespa.
Other Information on Investing in BBOV11 Etf
Bb Etf financial ratios help investors to determine whether BBOV11 Etf 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 BBOV11 with respect to the benefits of owning Bb Etf security.