TechTarget, (Germany) Volatility
| EFT0 Stock | 4.22 0.06 1.40% |
At this point, TechTarget, is unstable. TechTarget, owns Efficiency Ratio (i.e., Sharpe Ratio) of close to zero, which indicates the firm had a close to zero % return per unit of risk over the last 3 months. We have found twenty-six technical indicators for TechTarget, which you can use to evaluate the volatility of the company. Please validate TechTarget,'s Coefficient Of Variation of 43899.91, risk adjusted performance of 0.0098, and Semi Deviation of 3.44 to confirm if the risk estimate we provide is consistent with the expected return of 0.0089%.
Sharpe Ratio = 0.0023
| High Returns | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | EFT0 |
Estimated Market Risk
| 3.91 actual daily | 35 65% of assets are more volatile |
Expected Return
| 0.01 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.0 actual daily | 0 Most of other assets perform better |
Based on monthly moving average TechTarget, is not performing at its full potential. However, 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 TechTarget, by adding TechTarget, to a well-diversified portfolio.
Key indicators related to TechTarget,'s volatility include:90 Days Market Risk | Chance Of Distress | 90 Days Economic Sensitivity |
TechTarget, 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 TechTarget, daily returns, and it is calculated using variance and standard deviation. We also use TechTarget,'s beta, its sensitivity to the market, as well as its odds of financial distress to provide a more practical estimation of TechTarget, volatility.
TechTarget, |
Since volatility provides investors with entry points to take advantage of stock prices, companies, such as TechTarget, can benefit from it. Downward market volatility can be a perfect environment for investors who play the long game as hey may decide to buy additional stocks of TechTarget, at lower prices to lower their average cost per share. Similarly, when the prices of TechTarget,'s stock rise, investors can sell out and invest the proceeds in other equities with better opportunities. Main indicators related to TechTarget,'s market risk premium analysis include:
Beta (0.45) | Alpha 0.0235 | Risk 3.91 | Sharpe Ratio 0.0023 | Expected Return 0.0089 |
Moving against TechTarget, Stock
TechTarget, Market Sensitivity And Downside Risk
TechTarget,'s beta coefficient measures the volatility of TechTarget, 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 TechTarget, stock's returns against your selected market. In other words, TechTarget,'s beta of -0.45 provides an investor with an approximation of how much risk TechTarget, stock can potentially add to one of your existing portfolios. TechTarget shows above-average downside volatility for the selected time horizon. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure TechTarget,'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 TechTarget,'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 TechTarget, Demand TrendCheck current 90 days TechTarget, correlation with market (Dow Jones Industrial)TechTarget, Volatility and Downside Risk
TechTarget, 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.
TechTarget, Stock Volatility Analysis
Volatility refers to the frequency at which TechTarget, stock price increases or decreases within a specified period. These fluctuations usually indicate the level of risk that's associated with TechTarget,'s price changes. Investors will then calculate the volatility of TechTarget,'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 TechTarget,'s volatility:
Historical Volatility
This type of stock volatility measures TechTarget,'s fluctuations based on previous trends. It's commonly used to predict TechTarget,'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 TechTarget,'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 TechTarget,'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 fourty-three. TechTarget, 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.
TechTarget, Projected Return Density Against Market
Assuming the 90 days trading horizon TechTarget has a beta of -0.4523 suggesting as returns on the benchmark increase, returns on holding TechTarget, are expected to decrease at a much lower rate. During a bear market, however, TechTarget 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 TechTarget, or Technology 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 TechTarget,'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 TechTarget, 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 TechTarget, 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.TechTarget, Stock Risk Measures
Assuming the 90 days trading horizon the coefficient of variation of TechTarget, is 43899.91. The daily returns are distributed with a variance of 15.25 and standard deviation of 3.91. The mean deviation of TechTarget is currently at 2.99. For similar time horizon, the selected benchmark (Dow Jones Industrial) has volatility of 0.74
α | Alpha over Dow Jones | 0.02 | |
β | Beta against Dow Jones | -0.45 | |
σ | Overall volatility | 3.91 | |
Ir | Information ratio | -0.01 |
TechTarget, Stock Return Volatility
TechTarget, historical daily return volatility represents how much of TechTarget, stock's daily returns swing around its mean - it is a statistical measure of its dispersion of returns. The company assumes 3.9051% volatility of returns over the 90 days investment horizon. By contrast, Dow Jones Industrial accepts 0.747% volatility on return distribution over the 90 days horizon. Performance |
| Timeline |
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
| High negative correlations
|
Risk-Adjusted Indicators
There is a big difference between TechTarget, Stock performing well and TechTarget, 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 TechTarget,'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| 3T4 | 1.69 | 0.31 | 0.10 | 3.12 | 1.66 | 4.07 | 19.98 | |||
| CC3 | 1.34 | 0.22 | 0.11 | (25.24) | 1.18 | 3.51 | 7.29 | |||
| ADP | 1.01 | (0.28) | 0.00 | (3.32) | 0.00 | 1.91 | 5.85 | |||
| 20Y | 1.46 | 0.22 | 0.08 | 0.97 | 1.84 | 3.32 | 11.09 | |||
| MUM | 0.91 | 0.01 | (0.02) | 0.12 | 1.19 | 2.16 | 8.29 |
About TechTarget, Volatility
Volatility is a rate at which the price of TechTarget, 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 TechTarget, may increase or decrease. In other words, similar to TechTarget,'s beta indicator, it measures the risk of TechTarget, and helps estimate the fluctuations that may happen in a short period of time. So if prices of TechTarget, 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 TechTarget,'s volatility to invest better
Higher TechTarget,'s stock volatility means that the price of its stock is changing rapidly and unpredictably, while lower stock volatility indicates that the price of TechTarget, 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. TechTarget, 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 TechTarget, investment. A higher volatility means higher risk and potentially larger changes in value.
- Identifying Opportunities: High volatility in TechTarget,'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 TechTarget,'s stock relates to your other investments can help you create a well-diversified portfolio of assets with varying levels of risk.
TechTarget, Investment Opportunity
TechTarget has a volatility of 3.91 and is 5.21 times more volatile than Dow Jones Industrial. Compared to the overall equity markets, volatility of historical daily returns of TechTarget is lower than 35 percent of all global equities and portfolios over the last 90 days. You can use TechTarget to protect your portfolios against small market fluctuations. The stock experiences a somewhat bearish sentiment, but the market may correct it shortly. Check odds of TechTarget, to be traded at 4.09 in 90 days.Weak diversification
The correlation between TechTarget and DJI is 0.37 (i.e., Weak diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding TechTarget and DJI in the same portfolio, assuming nothing else is changed.
TechTarget, Additional Risk Indicators
The analysis of TechTarget,'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 TechTarget,'s investment and either accepting that risk or mitigating it. Along with some common measures of TechTarget, 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 | 0.0098 | |||
| Market Risk Adjusted Performance | 0.0124 | |||
| Mean Deviation | 2.99 | |||
| Semi Deviation | 3.44 | |||
| Downside Deviation | 4.06 | |||
| Coefficient Of Variation | 43899.91 | |||
| Standard Deviation | 3.91 |
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.
TechTarget, 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 TechTarget, 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. TechTarget,'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, TechTarget,'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 TechTarget.
Complementary Tools for TechTarget, Stock analysis
When running TechTarget,'s price analysis, check to measure TechTarget,'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 TechTarget, is operating at the current time. Most of TechTarget,'s value examination focuses on studying past and present price action to predict the probability of TechTarget,'s future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move TechTarget,'s price. Additionally, you may evaluate how the addition of TechTarget, to your portfolios can decrease your overall portfolio volatility.
| Money Flow Index Determine momentum by analyzing Money Flow Index and other technical indicators | |
| Stock Screener Find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook. | |
| Correlation Analysis Reduce portfolio risk simply by holding instruments which are not perfectly correlated | |
| Premium Stories Follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope | |
| CEOs Directory Screen CEOs from public companies around the world | |
| Commodity Directory Find actively traded commodities issued by global exchanges | |
| FinTech Suite Use AI to screen and filter profitable investment opportunities | |
| Portfolio File Import Quickly import all of your third-party portfolios from your local drive in csv format | |
| Idea Optimizer Use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio |