Integrated Wind (Norway) Volatility
| IWS Stock | NOK 53.44 0.41 0.76% |
Integrated Wind appears to be very steady, given 3 months investment horizon. Integrated Wind Solutions holds Efficiency (Sharpe) Ratio of 0.24, which attests that the entity had a 0.24 % return per unit of risk over the last 3 months. By evaluating Integrated Wind's technical indicators, you can evaluate if the expected return of 0.5% is justified by implied risk. Please utilize Integrated Wind's Market Risk Adjusted Performance of (3.62), risk adjusted performance of 0.1639, and Downside Deviation of 2.01 to validate if our risk estimates are consistent with your expectations.
Sharpe Ratio = 0.2368
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Estimated Market Risk
| 2.09 actual daily | 18 82% of assets are more volatile |
Expected Return
| 0.5 actual daily | 10 90% of assets have higher returns |
Risk-Adjusted Return
| 0.24 actual daily | 18 82% of assets perform better |
Based on monthly moving average Integrated Wind is performing at about 18% 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 Integrated Wind by adding it to a well-diversified portfolio.
Key indicators related to Integrated Wind's volatility include:90 Days Market Risk | Chance Of Distress | 90 Days Economic Sensitivity |
Integrated Wind 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 Integrated daily returns, and it is calculated using variance and standard deviation. We also use Integrated's beta, its sensitivity to the market, as well as its odds of financial distress to provide a more practical estimation of Integrated Wind volatility.
Integrated |
Downward market volatility can be a perfect environment for investors who play the long game. Here, they may decide to buy additional stocks of Integrated Wind at lower prices. For example, an investor can purchase Integrated 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 Integrated Wind's market risk premium analysis include:
Beta (0.11) | Alpha 0.4 | Risk 2.09 | Sharpe Ratio 0.24 | Expected Return 0.5 |
Moving together with Integrated Stock
| 0.8 | SCATC | Scatec Solar OL | PairCorr |
| 0.82 | OTOVO | Otovo AS Split | PairCorr |
| 0.62 | MPCES | MPC Energy Solutions | PairCorr |
| 0.88 | DNB | DnB ASA | PairCorr |
| 0.8 | MING | Sparebank 1 SMN | PairCorr |
| 0.9 | NHY | Norsk Hydro ASA | PairCorr |
| 0.82 | KOG | Kongsberg Gruppen ASA | PairCorr |
| 0.69 | ELK | Elkem ASA | PairCorr |
| 0.8 | NRC | NRC Group ASA | PairCorr |
| 0.94 | SPOG | Sparebanken Ost | PairCorr |
| 0.94 | BONHR | Bonheur | PairCorr |
| 0.65 | KRAB | Kraft Bank Asa | PairCorr |
| 0.72 | ADS | ADS Maritime Holding | PairCorr |
| 0.87 | NONG | Sparebank 1 Nord | PairCorr |
| 0.63 | EAM | EAM Solar ASA | PairCorr |
| 0.83 | HEX | Hexagon Composites ASA | PairCorr |
| 0.77 | KOMPL | Komplett AS | PairCorr |
Moving against Integrated Stock
Integrated Wind Market Sensitivity And Downside Risk
Integrated Wind's beta coefficient measures the volatility of Integrated 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 Integrated stock's returns against your selected market. In other words, Integrated Wind's beta of -0.11 provides an investor with an approximation of how much risk Integrated Wind stock can potentially add to one of your existing portfolios. Integrated Wind Solutions currently demonstrates below-average downside deviation. It has Information Ratio of 0.16 and Jensen Alpha of 0.4. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Integrated Wind'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 Integrated Wind'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 Integrated Wind Solutions Demand TrendCheck current 90 days Integrated Wind correlation with market (Dow Jones Industrial)Integrated Wind Volatility and Downside Risk
Integrated 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.
Integrated Wind Solutions Stock Volatility Analysis
Volatility refers to the frequency at which Integrated Wind stock price increases or decreases within a specified period. These fluctuations usually indicate the level of risk that's associated with Integrated Wind's price changes. Investors will then calculate the volatility of Integrated Wind'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 Integrated Wind's volatility:
Historical Volatility
This type of stock volatility measures Integrated Wind's fluctuations based on previous trends. It's commonly used to predict Integrated Wind'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 Integrated Wind'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 Integrated Wind'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. Integrated Wind Solutions 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.
Integrated Wind Projected Return Density Against Market
Assuming the 90 days trading horizon Integrated Wind Solutions has a beta of -0.1087 . This usually indicates as returns on the benchmark increase, returns on holding Integrated Wind are expected to decrease at a much lower rate. During a bear market, however, Integrated Wind Solutions 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 Integrated Wind or Utilities 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 Integrated Wind'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 Integrated 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 an Integrated Wind 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.Integrated Wind Stock Risk Measures
Assuming the 90 days trading horizon the coefficient of variation of Integrated Wind is 422.35. The daily returns are distributed with a variance of 4.37 and standard deviation of 2.09. The mean deviation of Integrated Wind Solutions is currently at 1.41. For similar time horizon, the selected benchmark (Dow Jones Industrial) has volatility of 0.81
α | Alpha over Dow Jones | 0.40 | |
β | Beta against Dow Jones | -0.11 | |
σ | Overall volatility | 2.09 | |
Ir | Information ratio | 0.16 |
Integrated Wind Stock Return Volatility
Integrated Wind historical daily return volatility represents how much of Integrated Wind stock's daily returns swing around its mean - it is a statistical measure of its dispersion of returns. The company assumes 2.0913% volatility of returns over the 90 days investment horizon. By contrast, Dow Jones Industrial accepts 0.764% volatility on return distribution over the 90 days horizon. Performance |
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Related Correlations Analysis
| -0.06 | 0.2 | -0.31 | 0.6 | 0.56 | MPCES | ||
| -0.06 | 0.41 | 0.59 | -0.17 | -0.05 | SKAND | ||
| 0.2 | 0.41 | 0.1 | 0.08 | 0.11 | OSUN | ||
| -0.31 | 0.59 | 0.1 | -0.63 | -0.55 | CLOUD | ||
| 0.6 | -0.17 | 0.08 | -0.63 | 0.92 | CADLR | ||
| 0.56 | -0.05 | 0.11 | -0.55 | 0.92 | OTOVO | ||
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 Integrated Stock performing well and Integrated Wind 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 Integrated Wind'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| MPCES | 1.99 | 0.72 | 0.40 | 0.73 | 0.98 | 2.71 | 45.58 | |||
| SKAND | 3.33 | 0.02 | 0.00 | 0.03 | 0.00 | 6.43 | 25.36 | |||
| OSUN | 4.05 | 0.34 | 0.08 | 0.43 | 3.78 | 6.87 | 63.01 | |||
| CLOUD | 0.82 | (0.06) | 0.00 | 0.20 | 0.00 | 1.99 | 14.19 | |||
| CADLR | 1.85 | 0.54 | 0.22 | 1.99 | 1.78 | 5.07 | 10.67 | |||
| OTOVO | 4.11 | 0.89 | 0.20 | 1.88 | 3.72 | 11.28 | 31.75 |
About Integrated Wind Volatility
Volatility is a rate at which the price of Integrated Wind 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 Integrated Wind may increase or decrease. In other words, similar to Integrated's beta indicator, it measures the risk of Integrated Wind and helps estimate the fluctuations that may happen in a short period of time. So if prices of Integrated Wind 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.Integrated Wind Solutions AS, through its subsidiary, Awind AS, operates offshore windfarm service vessels. The company was incorporated in 2020 and is based in Oslo, Norway. INTEGRATED WIND is traded on Oslo Stock Exchange in Norway.
Integrated Wind'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 Integrated Stock over a specified period of time, often expressed as the standard deviation of daily returns. In other words, it measures how much Integrated Wind's price varies over time.
3 ways to utilize Integrated Wind's volatility to invest better
Higher Integrated Wind's stock volatility means that the price of its stock is changing rapidly and unpredictably, while lower stock volatility indicates that the price of Integrated Wind Solutions 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. Integrated Wind Solutions 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 Integrated Wind Solutions investment. A higher volatility means higher risk and potentially larger changes in value.
- Identifying Opportunities: High volatility in Integrated Wind'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 Integrated Wind's stock relates to your other investments can help you create a well-diversified portfolio of assets with varying levels of risk.
Integrated Wind Investment Opportunity
Integrated Wind Solutions has a volatility of 2.09 and is 2.75 times more volatile than Dow Jones Industrial. Compared to the overall equity markets, volatility of historical daily returns of Integrated Wind Solutions is lower than 18 percent of all global equities and portfolios over the last 90 days. You can use Integrated Wind Solutions to protect your portfolios against small market fluctuations. The stock experiences a moderate downward daily trend and can be a good diversifier. Check odds of Integrated Wind to be traded at 52.37 in 90 days.Very poor diversification
The correlation between Integrated Wind Solutions and DJI is 0.85 (i.e., Very poor diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Integrated Wind Solutions and DJI in the same portfolio, assuming nothing else is changed.
Integrated Wind Additional Risk Indicators
The analysis of Integrated Wind'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 Integrated Wind's investment and either accepting that risk or mitigating it. Along with some common measures of Integrated Wind 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 | 0.1639 | |||
| Market Risk Adjusted Performance | (3.62) | |||
| Mean Deviation | 1.43 | |||
| Semi Deviation | 1.53 | |||
| Downside Deviation | 2.01 | |||
| Coefficient Of Variation | 511.45 | |||
| Standard Deviation | 2.07 |
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.
Integrated Wind 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 Integrated Wind 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. Integrated Wind'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, Integrated Wind'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 Integrated Wind Solutions.
Other Information on Investing in Integrated Stock
Integrated Wind financial ratios help investors to determine whether Integrated Stock 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 Integrated with respect to the benefits of owning Integrated Wind security.