Concorde International Group Stock Volatility
| CIGL Stock | 1.62 0.05 2.99% |
Concorde International appears to be extremely dangerous, given 3 months investment horizon. Concorde International secures Sharpe Ratio (or Efficiency) of 0.0267, which signifies that the company had a 0.0267 % return per unit of risk over the last 3 months. We have found twenty-three technical indicators for Concorde International Group, which you can use to evaluate the volatility of the firm. Please makes use of Concorde International's Risk Adjusted Performance of (0.01), standard deviation of 8.19, and Mean Deviation of 5.79 to double-check if our risk estimates are consistent with your expectations.
Sharpe Ratio = 0.0267
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Based on monthly moving average Concorde International is performing at about 2% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Concorde International by adding it to a well-diversified portfolio.
Key indicators related to Concorde International's volatility include:90 Days Market Risk | Chance Of Distress | 90 Days Economic Sensitivity |
Concorde International 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 Concorde daily returns, and it is calculated using variance and standard deviation. We also use Concorde's beta, its sensitivity to the market, as well as its odds of financial distress to provide a more practical estimation of Concorde International volatility.
Downward market volatility can be a perfect environment for investors who play the long game. Here, they may decide to buy additional stocks of Concorde International at lower prices. For example, an investor can purchase Concorde 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. Main indicators related to Concorde International's market risk premium analysis include:
Beta 4.09 | Alpha (0.39) | Risk 8.34 | Sharpe Ratio 0.0267 | Expected Return 0.22 |
Moving against Concorde Stock
| 0.38 | TEP | Teleperformance SE Earnings Call This Week | PairCorr |
| 0.35 | EDEN | Edenred SA Earnings Call This Week | PairCorr |
| 0.31 | WOSB | Wolters Kluwers Nv Earnings Call This Week | PairCorr |
Concorde International Market Sensitivity And Downside Risk
Concorde International's beta coefficient measures the volatility of Concorde 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 Concorde stock's returns against your selected market. In other words, Concorde International's beta of 4.09 provides an investor with an approximation of how much risk Concorde International stock can potentially add to one of your existing portfolios. Concorde International Group is displaying above-average volatility over the selected time horizon. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Concorde International'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 Concorde International'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.
| α | -0.39 | β | 4.09 | Check current 90 days Concorde International correlation with market (Dow Jones Industrial)
Concorde International Volatility and Downside Risk
Concorde 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.
Concorde International Stock Volatility Analysis
Volatility refers to the frequency at which Concorde International stock price increases or decreases within a specified period. These fluctuations usually indicate the level of risk that's associated with Concorde International's price changes. Investors will then calculate the volatility of Concorde International'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 Concorde International's volatility:
Historical Volatility
This type of stock volatility measures Concorde International's fluctuations based on previous trends. It's commonly used to predict Concorde International'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 Concorde International'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 Concorde International'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. Concorde International 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.
Concorde International Projected Return Density Against Market
Given the investment horizon of 90 days the stock has the beta coefficient of 4.0878 suggesting as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Concorde International will likely underperform.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 Concorde International or Commercial Services & Supplies 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 Concorde International'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 Concorde 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.
Predicted Return Density |
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What Drives a Concorde International 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 investor attention to the company. This positive attention may impact the company's stock price. In contrast, product recalls and data breaches may negatively influence a company's stock prices.Concorde International Stock Risk Measures
Given the investment horizon of 90 days the coefficient of variation of Concorde International is 3738.79. The daily returns are distributed with a variance of 69.57 and standard deviation of 8.34. The mean deviation of Concorde International Group is currently at 5.84. For similar time horizon, the selected benchmark (Dow Jones Industrial) has volatility of 0.79
α | Alpha over Dow Jones | -0.39 | |
β | Beta against Dow Jones | 4.09 | |
σ | Overall volatility | 8.34 | |
Ir | Information ratio | -0.03 |
Concorde International Stock Return Volatility
Concorde International historical daily return volatility represents how much of Concorde International stock's daily returns swing around its mean - it is a statistical measure of its dispersion of returns. The company inherits 8.3411% risk (volatility on return distribution) over the 90 days horizon. By contrast, Dow Jones Industrial accepts 0.7472% volatility on return distribution over the 90 days horizon. Performance |
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Related Correlations Analysis
Correlation Matchups
Over a given time period, the two securities move together when the Correlation Coefficient is positive. Conversely, the two assets move in opposite directions when the Correlation Coefficient is negative. Determining your positions' relationship to each other is valuable for analyzing and projecting your portfolio's future expected return and risk.High positive correlations
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Risk-Adjusted Indicators
There is a big difference between Concorde Stock performing well and Concorde International Company doing well as a business compared to the competition. There are so many exceptions to the norm that investors cannot definitively determine what's good or bad unless they analyze Concorde International's multiple risk-adjusted performance indicators across the competitive landscape. These indicators are quantitative in nature and help investors forecast volatility and risk-adjusted expected returns across various positions.| Mean Deviation | Jensen Alpha | Sortino Ratio | Treynor Ratio | Semi Deviation | Expected Shortfall | Potential Upside | Value @Risk | Maximum Drawdown | ||
|---|---|---|---|---|---|---|---|---|---|---|
| BAER | 3.50 | 0.57 | 0.17 | 0.68 | 2.84 | 10.84 | 22.79 | |||
| IVDA | 7.93 | (0.61) | 0.00 | (0.24) | 0.00 | 17.24 | 74.33 | |||
| BKYI | 4.11 | (0.61) | 0.00 | 49.24 | 0.00 | 6.67 | 43.12 | |||
| XPON | 3.86 | (0.75) | 0.00 | (0.25) | 0.00 | 8.43 | 28.87 | |||
| SUNE | 5.83 | 0.64 | 0.13 | 0.24 | 4.96 | 18.52 | 55.04 | |||
| UGRO | 5.87 | (1.29) | 0.00 | (0.79) | 0.00 | 12.24 | 55.24 | |||
| CLIK | 3.86 | (0.86) | 0.00 | 0.60 | 0.00 | 12.83 | 44.45 | |||
| ATXG | 3.71 | (0.21) | 0.00 | (0.07) | 0.00 | 6.82 | 39.61 | |||
| PMAX | 6.47 | 0.58 | 0.08 | 0.27 | 7.00 | 12.97 | 50.37 | |||
| DGLY | 5.98 | (1.61) | 0.00 | (1.02) | 0.00 | 15.42 | 45.61 |
About Concorde International Volatility
Volatility is a rate at which the price of Concorde International 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 Concorde International may increase or decrease. In other words, similar to Concorde's beta indicator, it measures the risk of Concorde International and helps estimate the fluctuations that may happen in a short period of time. So if prices of Concorde International 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 | 89.6 K | 92 K |
Concorde International'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 Concorde Stock over a specified period of time, often expressed as the standard deviation of daily returns. In other words, it measures how much Concorde International's price varies over time.
3 ways to utilize Concorde International's volatility to invest better
Higher Concorde International's stock volatility means that the price of its stock is changing rapidly and unpredictably, while lower stock volatility indicates that the price of Concorde International 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. Concorde International 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 Concorde International investment. A higher volatility means higher risk and potentially larger changes in value.
- Identifying Opportunities: High volatility in Concorde International'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 Concorde International's stock relates to your other investments can help you create a well-diversified portfolio of assets with varying levels of risk.
Concorde International Investment Opportunity
Concorde International Group has a volatility of 8.34 and is 11.12 times more volatile than Dow Jones Industrial. Compared to the overall equity markets, volatility of historical daily returns of Concorde International Group is higher than 74 percent of all global equities and portfolios over the last 90 days. You can use Concorde International Group to protect your portfolios against small market fluctuations. The stock experiences an unexpected downward movement. The market is reacting to new fundamentals. Check odds of Concorde International to be traded at 1.5552 in 90 days.Modest diversification
The correlation between Concorde International Group and DJI is 0.28 (i.e., Modest diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Concorde International Group and DJI in the same portfolio, assuming nothing else is changed.
Concorde International Additional Risk Indicators
The analysis of Concorde International'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 Concorde International's investment and either accepting that risk or mitigating it. Along with some common measures of Concorde International 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 | (0.01) | |||
| Market Risk Adjusted Performance | (0.05) | |||
| Mean Deviation | 5.79 | |||
| Coefficient Of Variation | (3,526) | |||
| Standard Deviation | 8.19 | |||
| Variance | 67.04 | |||
| Information Ratio | (0.03) |
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.
Concorde International 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 Concorde International 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. Concorde International'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, Concorde International'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 Concorde International Group.
When determining whether Concorde International is a strong investment it is important to analyze Concorde International's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Concorde International's future performance. For an informed investment choice regarding Concorde Stock, refer to the following important reports: Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Concorde International Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in census. You can also try the Equity Analysis module to research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities.
Is Commercial Services & Supplies space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Concorde International. Projected growth potential of Concorde fundamentally drives upward valuation adjustments. The financial industry is built on trying to define current growth potential and future valuation accurately. Comprehensive Concorde International assessment requires weighing all these inputs, though not all factors influence outcomes equally.
Earnings Share (3.78) | Revenue Per Share | Quarterly Revenue Growth 0.015 | Return On Assets | Return On Equity |
Investors evaluate Concorde International using market value (trading price) and book value (balance sheet equity), each telling a different story. Calculating Concorde International's intrinsic value - the estimated true worth - helps identify when the stock trades at a discount or premium to fair value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. External factors like market trends, sector rotation, and investor psychology can cause Concorde International's market price to deviate significantly from intrinsic value.
It's important to distinguish between Concorde International's intrinsic value and market price, which are calculated using different methodologies. Investment decisions regarding Concorde International should consider multiple factors including financial performance, growth metrics, competitive position, and professional analysis. Conversely, Concorde International's market price signifies the transaction level at which participants voluntarily complete trades.