Founder Group Limited Stock Volatility
| FGL Stock | 0.14 0.01 6.67% |
Founder Group Limited secures Sharpe Ratio (or Efficiency) of -0.19, which denotes the company had a -0.19 % return per unit of risk over the last 3 months. Founder Group Limited exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Founder Group's Variance of 63.36, standard deviation of 7.96, and Mean Deviation of 5.74 to check the risk estimate we provide.
Sharpe Ratio = -0.1922
| High Returns | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | FGL |
Based on monthly moving average Founder Group 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 Founder Group by adding Founder Group to a well-diversified portfolio.
Key indicators related to Founder Group's volatility include:90 Days Market Risk | Chance Of Distress | 90 Days Economic Sensitivity |
Founder Group 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 Founder daily returns, and it is calculated using variance and standard deviation. We also use Founder's beta, its sensitivity to the market, as well as its odds of financial distress to provide a more practical estimation of Founder Group 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 Founder Group at lower prices. For example, an investor can purchase Founder 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 Founder Group's market risk premium analysis include:
Beta 0.11 | Alpha (1.54) | Risk 7.96 | Sharpe Ratio (0.19) | Expected Return (1.53) |
Moving together with Founder Stock
Moving against Founder Stock
| 0.86 | MSP | Minaean SP Construction Split | PairCorr |
| 0.8 | LMB | Limbach Holdings | PairCorr |
| 0.77 | EN | Bouygues SA | PairCorr |
| 0.77 | APG | Api Group Corp | PairCorr |
| 0.76 | MTZ | MasTec Inc | PairCorr |
| 0.75 | TPC | Tutor Perini | PairCorr |
| 0.74 | ACA | Arcosa Inc | PairCorr |
| 0.73 | GLDD | Great Lakes Dredge | PairCorr |
| 0.7 | GVA | Granite Construction Earnings Call This Week | PairCorr |
| 0.6 | FGR | Eiffage SA | PairCorr |
Founder Group Market Sensitivity And Downside Risk
Founder Group's beta coefficient measures the volatility of Founder 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 Founder stock's returns against your selected market. In other words, Founder Group's beta of 0.11 provides an investor with an approximation of how much risk Founder Group stock can potentially add to one of your existing portfolios. Founder Group Limited is displaying above-average volatility over the selected time horizon. Founder Group Limited is a potential penny stock. Although Founder Group may be in fact a good instrument to invest, many penny stocks are speculative in nature and are subject to artificial price hype. Please make sure you totally understand the upside potential and downside risk of investing in Founder Group Limited. We encourage investors to look for signals such as email spams, message board hypes, claims of breakthroughs, volume upswings, sudden news releases, promotions that are not reported, or demotions released before SEC filings. Please also check biographies and work history of current and past company officers before investing in high volatility instruments, penny stocks, or equities with microcap classification. You can indeed make money on Founder instrument if you perfectly time your entry and exit. However, remember that penny stocks that have been the subject of artificial hype usually unable to maintain their increased share price for more than just a few days. The price of a promoted high volatility instrument will almost always revert back. The only way to increase shareholder value is through legitimate performance backed up by solid fundamentals.
3 Months Beta |Analyze Founder Group Limited Demand TrendCheck current 90 days Founder Group correlation with market (Dow Jones Industrial)Founder Group Volatility and Downside Risk
Founder 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.
Founder Group Limited Stock Volatility Analysis
Volatility refers to the frequency at which Founder Group stock price increases or decreases within a specified period. These fluctuations usually indicate the level of risk that's associated with Founder Group's price changes. Investors will then calculate the volatility of Founder Group'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 Founder Group's volatility:
Historical Volatility
This type of stock volatility measures Founder Group's fluctuations based on previous trends. It's commonly used to predict Founder Group'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 Founder Group'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 Founder Group'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. Founder Group Limited 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.
Founder Group Projected Return Density Against Market
Considering the 90-day investment horizon Founder Group has a beta of 0.1067 . This usually indicates as returns on the market go up, Founder Group average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Founder Group Limited will be expected to be much smaller as well.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 Founder Group or Construction & Engineering 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 Founder Group'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 Founder 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 Founder Group 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.Founder Group Stock Risk Measures
Considering the 90-day investment horizon the coefficient of variation of Founder Group is -520.16. The daily returns are distributed with a variance of 63.36 and standard deviation of 7.96. The mean deviation of Founder Group Limited is currently at 5.74. For similar time horizon, the selected benchmark (Dow Jones Industrial) has volatility of 0.75
α | Alpha over Dow Jones | -1.54 | |
β | Beta against Dow Jones | 0.11 | |
σ | Overall volatility | 7.96 | |
Ir | Information ratio | -0.2 |
Founder Group Stock Return Volatility
Founder Group historical daily return volatility represents how much of Founder Group stock's daily returns swing around its mean - it is a statistical measure of its dispersion of returns. The company has volatility of 7.9598% on return distribution over 90 days investment horizon. By contrast, Dow Jones Industrial accepts 0.7649% 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 Founder Stock performing well and Founder Group 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 Founder Group'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| SKK | 3.50 | (0.36) | 0.00 | (0.18) | 0.00 | 7.14 | 29.17 | |||
| FBGL | 3.90 | 0.80 | 0.14 | 0.48 | 5.06 | 12.05 | 34.97 | |||
| GLXG | 5.97 | (0.79) | 0.00 | 1.27 | 0.00 | 12.50 | 53.25 | |||
| AEHL | 9.91 | (0.08) | 0.00 | 0.02 | 9.86 | 10.83 | 134.82 | |||
| DEVS | 5.46 | (0.94) | 0.00 | (0.39) | 0.00 | 15.17 | 41.39 | |||
| LNKS | 8.30 | 2.34 | 0.29 | 2.01 | 6.63 | 22.58 | 88.10 | |||
| IVDA | 7.04 | (0.72) | 0.00 | (0.18) | 0.00 | 16.67 | 74.33 | |||
| CDTG | 5.92 | (0.74) | 0.00 | (3.86) | 0.00 | 14.71 | 48.33 | |||
| INTJ | 4.09 | (0.78) | 0.00 | (0.45) | 0.00 | 5.26 | 29.93 | |||
| OP | 4.25 | 0.13 | 0.00 | (0.17) | 0.00 | 10.95 | 19.50 |
About Founder Group Volatility
Volatility is a rate at which the price of Founder Group 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 Founder Group may increase or decrease. In other words, similar to Founder's beta indicator, it measures the risk of Founder Group and helps estimate the fluctuations that may happen in a short period of time. So if prices of Founder Group 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 Founder Group's volatility to invest better
Higher Founder Group's stock volatility means that the price of its stock is changing rapidly and unpredictably, while lower stock volatility indicates that the price of Founder Group Limited 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. Founder Group Limited 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 Founder Group Limited investment. A higher volatility means higher risk and potentially larger changes in value.
- Identifying Opportunities: High volatility in Founder Group'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 Founder Group's stock relates to your other investments can help you create a well-diversified portfolio of assets with varying levels of risk.
Founder Group Investment Opportunity
Founder Group Limited has a volatility of 7.96 and is 10.47 times more volatile than Dow Jones Industrial. Compared to the overall equity markets, volatility of historical daily returns of Founder Group Limited is higher than 71 percent of all global equities and portfolios over the last 90 days. You can use Founder Group Limited to protect your portfolios against small market fluctuations. The stock experiences a very speculative upward sentiment. Check odds of Founder Group to be traded at 0.133 in 90 days.Excellent diversification
The correlation between Founder Group Limited and DJI is -0.67 (i.e., Excellent diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Founder Group Limited and DJI in the same portfolio, assuming nothing else is changed.
Founder Group Additional Risk Indicators
The analysis of Founder Group'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 Founder Group's investment and either accepting that risk or mitigating it. Along with some common measures of Founder Group 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 | (0.14) | |||
| Market Risk Adjusted Performance | (14.43) | |||
| Mean Deviation | 5.74 | |||
| Coefficient Of Variation | (520.16) | |||
| Standard Deviation | 7.96 | |||
| Variance | 63.36 | |||
| Information Ratio | (0.20) |
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.
Founder Group 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 Founder Group 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. Founder Group'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, Founder Group'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 Founder Group Limited.
When determining whether Founder Group Limited is a strong investment it is important to analyze Founder Group'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 Founder Group's future performance. For an informed investment choice regarding Founder Stock, refer to the following important reports: Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Founder Group Limited. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price. You can also try the Crypto Correlations module to use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins.
Is Construction & Engineering 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 Founder Group. Market participants price Founder higher when confident in its future expansion prospects. The financial industry is built on trying to define current growth potential and future valuation accurately. Comprehensive Founder Group assessment requires weighing all these inputs, though not all factors influence outcomes equally.
Investors evaluate Founder Group Limited using market value (trading price) and book value (balance sheet equity), each telling a different story. Calculating Founder Group'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 Founder Group's market price to deviate significantly from intrinsic value.
Please note, there is a significant difference between Founder Group's value and its price as these two are different measures arrived at by different means. Investors typically determine if Founder Group is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. Conversely, Founder Group's market price signifies the transaction level at which participants voluntarily complete trades.