Brd Klee (Denmark) Volatility
KLEE-B Stock | DKK 3,840 20.00 0.52% |
Brd Klee AS secures Sharpe Ratio (or Efficiency) of -0.1, which signifies that the company had a -0.1% return per unit of standard deviation over the last 3 months. Brd Klee AS exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Brd Klee's risk adjusted performance of (0.01), and Mean Deviation of 0.8836 to double-check the risk estimate we provide. Key indicators related to Brd Klee's volatility include:
360 Days Market Risk | Chance Of Distress | 360 Days Economic Sensitivity |
Brd Klee 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 Brd daily returns, and it is calculated using variance and standard deviation. We also use Brd's beta, its sensitivity to the market, as well as its odds of financial distress to provide a more practical estimation of Brd Klee volatility.
Brd |
Since volatility provides investors with entry points to take advantage of stock prices, companies, such as Brd Klee 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 Brd Klee at lower prices to lower their average cost per share. Similarly, when the prices of Brd Klee's stock rise, investors can sell out and invest the proceeds in other equities with better opportunities.
Moving together with Brd Stock
Brd Klee Market Sensitivity And Downside Risk
Brd Klee's beta coefficient measures the volatility of Brd 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 Brd stock's returns against your selected market. In other words, Brd Klee's beta of 0.23 provides an investor with an approximation of how much risk Brd Klee stock can potentially add to one of your existing portfolios. Brd Klee AS exhibits very low volatility with skewness of -0.07 and kurtosis of 8.46. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Brd Klee'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 Brd Klee'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 Brd Klee AS Demand TrendCheck current 90 days Brd Klee correlation with market (Dow Jones Industrial)Brd Beta |
Brd 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.
Standard Deviation | 1.81 |
It is essential to understand the difference between upside risk (as represented by Brd Klee's standard deviation) and the downside risk, which can be measured by semi-deviation or downside deviation of Brd Klee's daily returns or price. Since the actual investment returns on holding a position in brd stock tend to have a non-normal distribution, there will be different probabilities for losses than for gains. The likelihood of losses is reflected in the downside risk of an investment in Brd Klee.
Brd Klee AS Stock Volatility Analysis
Volatility refers to the frequency at which Brd Klee stock price increases or decreases within a specified period. These fluctuations usually indicate the level of risk that's associated with Brd Klee's price changes. Investors will then calculate the volatility of Brd Klee'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 Brd Klee's volatility:
Historical Volatility
This type of stock volatility measures Brd Klee's fluctuations based on previous trends. It's commonly used to predict Brd Klee'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 Brd Klee'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 Brd Klee'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. Brd Klee AS 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.
Brd Klee Projected Return Density Against Market
Assuming the 90 days trading horizon Brd Klee has a beta of 0.2313 . This indicates as returns on the market go up, Brd Klee average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Brd Klee AS 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 Brd Klee or Industrials 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 Brd Klee'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 Brd 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.
Brd Klee AS has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the Dow Jones Industrial. Predicted Return Density |
Returns |
What Drives a Brd Klee 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 many investors to purchase the company. This positive attention will raise the company's stock price. In contrast, product recalls and data breaches may negatively influence a company's stock prices.Brd Klee Stock Risk Measures
Assuming the 90 days trading horizon the coefficient of variation of Brd Klee is -997.21. The daily returns are distributed with a variance of 3.28 and standard deviation of 1.81. The mean deviation of Brd Klee AS is currently at 0.88. For similar time horizon, the selected benchmark (Dow Jones Industrial) has volatility of 0.76
α | Alpha over Dow Jones | -0.08 | |
β | Beta against Dow Jones | 0.23 | |
σ | Overall volatility | 1.81 | |
Ir | Information ratio | -0.08 |
Brd Klee Stock Return Volatility
Brd Klee historical daily return volatility represents how much of Brd Klee stock's daily returns swing around its mean - it is a statistical measure of its dispersion of returns. The company accepts 1.8116% volatility on return distribution over the 90 days horizon. By contrast, Dow Jones Industrial accepts 0.7777% volatility on return distribution over the 90 days horizon. Performance |
Timeline |
About Brd Klee Volatility
Volatility is a rate at which the price of Brd Klee 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 Brd Klee may increase or decrease. In other words, similar to Brd's beta indicator, it measures the risk of Brd Klee and helps estimate the fluctuations that may happen in a short period of time. So if prices of Brd Klee 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.Klee AS operates as an engineering and trading company in Denmark. The company was founded in 1944 and is based in Albertslund, Denmark. Brd Klee operates under Specialty Industrial Machinery classification in Denmark and is traded on Copenhagen Stock Exchange. It employs 75 people.
Brd Klee'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 Brd Stock over a specified period of time, often expressed as the standard deviation of daily returns. In other words, it measures how much Brd Klee's price varies over time.
3 ways to utilize Brd Klee's volatility to invest better
Higher Brd Klee's stock volatility means that the price of its stock is changing rapidly and unpredictably, while lower stock volatility indicates that the price of Brd Klee AS 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. Brd Klee AS 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 Brd Klee AS investment. A higher volatility means higher risk and potentially larger changes in value.
- Identifying Opportunities: High volatility in Brd Klee'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 Brd Klee's stock relates to your other investments can help you create a well-diversified portfolio of assets with varying levels of risk.
Brd Klee Investment Opportunity
Brd Klee AS has a volatility of 1.81 and is 2.32 times more volatile than Dow Jones Industrial. 16 percent of all equities and portfolios are less risky than Brd Klee. You can use Brd Klee AS to enhance the returns of your portfolios. The stock experiences a moderate upward volatility. Check odds of Brd Klee to be traded at kr4224.0 in 90 days.Significant diversification
The correlation between Brd Klee AS and DJI is 0.08 (i.e., Significant diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Brd Klee AS and DJI in the same portfolio, assuming nothing else is changed.
Brd Klee Additional Risk Indicators
The analysis of Brd Klee'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 Brd Klee's investment and either accepting that risk or mitigating it. Along with some common measures of Brd Klee 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 | (0.21) | |||
Mean Deviation | 0.8836 | |||
Coefficient Of Variation | (5,305) | |||
Standard Deviation | 2.11 | |||
Variance | 4.46 | |||
Information Ratio | (0.08) |
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.
Brd Klee 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.
Walker Dunlop vs. Brd Klee | ||
Dupont De vs. Brd Klee | ||
Ford vs. Brd Klee | ||
Citigroup vs. Brd Klee | ||
Microsoft vs. Brd Klee | ||
Bank of America vs. Brd Klee | ||
Salesforce vs. Brd Klee | ||
Visa vs. Brd Klee | ||
Okta vs. Brd Klee |
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 Brd Klee 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. Brd Klee'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, Brd Klee'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 Brd Klee AS.
Complementary Tools for Brd Stock analysis
When running Brd Klee's price analysis, check to measure Brd Klee'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 Brd Klee is operating at the current time. Most of Brd Klee's value examination focuses on studying past and present price action to predict the probability of Brd Klee's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Brd Klee's price. Additionally, you may evaluate how the addition of Brd Klee to your portfolios can decrease your overall portfolio volatility.
Stock Tickers Use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites | |
Price Exposure Probability Analyze equity upside and downside potential for a given time horizon across multiple markets | |
Efficient Frontier Plot and analyze your portfolio and positions against risk-return landscape of the market. | |
Top Crypto Exchanges Search and analyze digital assets across top global cryptocurrency exchanges | |
Portfolio Manager State of the art Portfolio Manager to monitor and improve performance of your invested capital |