Corem Property (Sweden) Volatility
| CORE-PREF | SEK 240.00 1.00 0.41% |
Currently, Corem Property Group is very steady. Corem Property Group secures Sharpe Ratio (or Efficiency) of 0.061, which signifies that the company had a 0.061 % return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Corem Property Group, which you can use to evaluate the volatility of the firm. Please confirm Corem Property's Downside Deviation of 0.64, mean deviation of 0.4318, and Risk Adjusted Performance of 0.0194 to double-check if the risk estimate we provide is consistent with the expected return of 0.0337%.
Sharpe Ratio = 0.061
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Estimated Market Risk
| 0.55 actual daily | 4 96% of assets are more volatile |
Expected Return
| 0.03 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.06 actual daily | 4 96% of assets perform better |
Based on monthly moving average Corem Property is performing at about 4% 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 Corem Property by adding it to a well-diversified portfolio.
Key indicators related to Corem Property's volatility include:90 Days Market Risk | Chance Of Distress | 90 Days Economic Sensitivity |
Corem Property 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 Corem daily returns, and it is calculated using variance and standard deviation. We also use Corem's beta, its sensitivity to the market, as well as its odds of financial distress to provide a more practical estimation of Corem Property volatility.
Corem |
Since volatility provides investors with entry points to take advantage of stock prices, companies, such as Corem Property 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 Corem Property at lower prices. For example, an investor can purchase Corem 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 Corem Property'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. Main indicators related to Corem Property's market risk premium analysis include:
Beta (0.06) | Alpha 0.0108 | Risk 0.55 | Sharpe Ratio 0.061 | Expected Return 0.0337 |
Moving together with Corem Stock
| 0.69 | SAGA-D | AB Sagax | PairCorr |
| 0.8 | CORE-B | Corem Property Group | PairCorr |
| 0.65 | PIERCE | Pierce Group AB | PairCorr |
| 0.85 | BRAV | Bravida Holding AB | PairCorr |
| 0.73 | ALLIGO-B | Alligo AB Series | PairCorr |
Moving against Corem Stock
| 0.61 | SAGA-B | AB Sagax Earnings Call This Week | PairCorr |
| 0.44 | THULE | Thule Group AB Earnings Call This Week | PairCorr |
| 0.43 | EPRO-B | Electrolux Professional | PairCorr |
| 0.4 | ERIC-A | Telefonaktiebolaget | PairCorr |
| 0.38 | KAR | Karnov Group AB Earnings Call This Week | PairCorr |
| 0.33 | WIHL | Wihlborgs Fastigheter Earnings Call This Week | PairCorr |
| 0.31 | BEIJ-B | Beijer Ref AB | PairCorr |
Corem Property Market Sensitivity And Downside Risk
Corem Property's beta coefficient measures the volatility of Corem 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 Corem stock's returns against your selected market. In other words, Corem Property's beta of -0.0623 provides an investor with an approximation of how much risk Corem Property stock can potentially add to one of your existing portfolios. Corem Property Group exhibits relatively low volatility with skewness of -0.09 and kurtosis of 0.34. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Corem Property'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 Corem Property'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 Corem Property Group Demand TrendCheck current 90 days Corem Property correlation with market (Dow Jones Industrial)Corem Property Volatility and Downside Risk
Corem 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.
Corem Property Group Stock Volatility Analysis
Volatility refers to the frequency at which Corem Property stock price increases or decreases within a specified period. These fluctuations usually indicate the level of risk that's associated with Corem Property's price changes. Investors will then calculate the volatility of Corem Property'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 Corem Property's volatility:
Historical Volatility
This type of stock volatility measures Corem Property's fluctuations based on previous trends. It's commonly used to predict Corem Property'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 Corem Property'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 Corem Property'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. Corem Property Group 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.
Corem Property Projected Return Density Against Market
Assuming the 90 days trading horizon Corem Property Group has a beta of -0.0623 suggesting as returns on the benchmark increase, returns on holding Corem Property are expected to decrease at a much lower rate. During a bear market, however, Corem Property Group 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 Corem Property 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 Corem Property'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 Corem 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 |
| Returns |
What Drives a Corem Property 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.Corem Property Stock Risk Measures
Assuming the 90 days trading horizon the coefficient of variation of Corem Property is 1640.66. The daily returns are distributed with a variance of 0.31 and standard deviation of 0.55. The mean deviation of Corem Property Group is currently at 0.43. For similar time horizon, the selected benchmark (Dow Jones Industrial) has volatility of 0.74
α | Alpha over Dow Jones | 0.01 | |
β | Beta against Dow Jones | -0.06 | |
σ | Overall volatility | 0.55 | |
Ir | Information ratio | -0.08 |
Corem Property Stock Return Volatility
Corem Property historical daily return volatility represents how much of Corem Property stock's daily returns swing around its mean - it is a statistical measure of its dispersion of returns. The enterprise accepts 0.5531% volatility on return distribution over the 90 days horizon. By contrast, Dow Jones Industrial accepts 0.7533% 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 Corem Stock performing well and Corem Property 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 Corem Property'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| SBB-B | 1.86 | (0.12) | 0.00 | (0.27) | 0.00 | 3.89 | 10.17 | |||
| PLAZ-B | 1.18 | (0.04) | 0.00 | (0.14) | 0.00 | 2.39 | 6.84 | |||
| EMIL-B | 1.23 | (0.11) | 0.00 | (2.53) | 0.00 | 3.11 | 8.42 | |||
| SLP-B | 1.18 | (0.05) | 0.00 | (0.24) | 0.00 | 2.62 | 7.27 | |||
| STEF-B | 1.15 | (0.05) | 0.00 | (0.08) | 0.00 | 2.34 | 9.14 | |||
| DIOS | 0.90 | (0.05) | 0.00 | (0.11) | 0.00 | 1.87 | 7.08 | |||
| HEBA-B | 0.79 | (0.13) | 0.00 | (2.13) | 0.00 | 1.37 | 5.09 | |||
| FPAR-A | 1.19 | (0.21) | 0.00 | (0.72) | 0.00 | 2.54 | 7.33 |
About Corem Property Volatility
Volatility is a rate at which the price of Corem Property 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 Corem Property may increase or decrease. In other words, similar to Corem's beta indicator, it measures the risk of Corem Property and helps estimate the fluctuations that may happen in a short period of time. So if prices of Corem Property 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.Corem Property Group AB , a real estate company, acquires, develops, owns, and manages warehouse, logistics, and trading properties in central and southern Sweden, and Denmark. Corem Property Group AB is headquartered in Stockholm, Sweden. Corem Property is traded on Stockholm Stock Exchange in Sweden.
Corem Property'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 Corem Stock over a specified period of time, often expressed as the standard deviation of daily returns. In other words, it measures how much Corem Property's price varies over time.
3 ways to utilize Corem Property's volatility to invest better
Higher Corem Property's stock volatility means that the price of its stock is changing rapidly and unpredictably, while lower stock volatility indicates that the price of Corem Property Group 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. Corem Property Group 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 Corem Property Group investment. A higher volatility means higher risk and potentially larger changes in value.
- Identifying Opportunities: High volatility in Corem Property'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 Corem Property's stock relates to your other investments can help you create a well-diversified portfolio of assets with varying levels of risk.
Corem Property Investment Opportunity
Dow Jones Industrial has a standard deviation of returns of 0.75 and is 1.36 times more volatile than Corem Property Group. Compared to the overall equity markets, volatility of historical daily returns of Corem Property Group is lower than 4 percent of all global equities and portfolios over the last 90 days. You can use Corem Property Group to protect your portfolios against small market fluctuations. The stock experiences a normal downward trend and little activity. Check odds of Corem Property to be traded at kr237.6 in 90 days.Poor diversification
The correlation between Corem Property Group and DJI is 0.77 (i.e., Poor diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Corem Property Group and DJI in the same portfolio, assuming nothing else is changed.
Corem Property Additional Risk Indicators
The analysis of Corem Property'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 Corem Property's investment and either accepting that risk or mitigating it. Along with some common measures of Corem Property 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 | 0.0194 | |||
| Market Risk Adjusted Performance | (0.11) | |||
| Mean Deviation | 0.4318 | |||
| Semi Deviation | 0.5017 | |||
| Downside Deviation | 0.64 | |||
| Coefficient Of Variation | 3305.33 | |||
| Standard Deviation | 0.5738 |
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.
Corem Property 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 Corem Property 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. Corem Property'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, Corem Property'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 Corem Property Group.
Additional Tools for Corem Stock Analysis
When running Corem Property's price analysis, check to measure Corem Property'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 Corem Property is operating at the current time. Most of Corem Property's value examination focuses on studying past and present price action to predict the probability of Corem Property's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Corem Property's price. Additionally, you may evaluate how the addition of Corem Property to your portfolios can decrease your overall portfolio volatility.