Kinea II (Brazil) Volatility
| KNRE11 Fund | BRL 0.23 0.01 4.17% |
Kinea II Real has Sharpe Ratio of -0.0959, which conveys that the entity had a -0.0959% return per unit of risk over the last 3 months. Kinea II exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Kinea II's Mean Deviation of 5.18, standard deviation of 6.83, and Risk Adjusted Performance of (0.06) to check out the risk estimate we provide.
Kinea |
Kinea II Fund 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 Kinea daily returns, and it is calculated using variance and standard deviation. We also use Kinea's beta, its sensitivity to the market, as well as its odds of financial distress to provide a more practical estimation of Kinea II volatility.
Downward market volatility can be a perfect environment for investors who play the long game with Kinea II. They may decide to buy additional shares of Kinea II at lower prices to lower the average cost per share, thereby improving their portfolio's performance when markets normalize.
Kinea II Market Sensitivity And Downside Risk
Kinea II's beta coefficient measures the volatility of Kinea fund 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 Kinea fund's returns against your selected market. In other words, Kinea II's beta of -0.16 provides an investor with an approximation of how much risk Kinea II fund can potentially add to one of your existing portfolios. Kinea II Real is displaying above-average volatility over the selected time horizon. Kinea II Real is a potential penny fund. Although Kinea II may be in fact a good instrument to invest, many penny funds 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 Kinea II Real. 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 Kinea instrument if you perfectly time your entry and exit. However, remember that penny funds 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 Kinea II Real Demand TrendCheck current 90 days Kinea II correlation with market (Dow Jones Industrial)Kinea Beta |
Kinea 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 | 6.88 |
It is essential to understand the difference between upside risk (as represented by Kinea II's standard deviation) and the downside risk, which can be measured by semi-deviation or downside deviation of Kinea II's daily returns or price. Since the actual investment returns on holding a position in kinea fund 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 Kinea II.
Kinea II Real Fund Volatility Analysis
Volatility refers to the frequency at which Kinea II fund price increases or decreases within a specified period. These fluctuations usually indicate the level of risk that's associated with Kinea II's price changes. Investors will then calculate the volatility of Kinea II's fund to predict their future moves. A fund that has erratic price changes quickly hits new highs, and lows are considered highly volatile. A fund with relatively stable price changes has low volatility. A highly volatile fund 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 Kinea II's volatility:
Historical Volatility
This type of fund volatility measures Kinea II's fluctuations based on previous trends. It's commonly used to predict Kinea II's future behavior based on its past. However, it cannot conclusively determine the future direction of the fund.Implied Volatility
This type of volatility provides a positive outlook on future price fluctuations for Kinea II's current market price. This means that the fund will return to its initially predicted market price. This type of volatility can be derived from derivative instruments written on Kinea II'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. Kinea II Real 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.
Kinea II Projected Return Density Against Market
Assuming the 90 days trading horizon Kinea II Real has a beta of -0.165 . This indicates as returns on the benchmark increase, returns on holding Kinea II are expected to decrease at a much lower rate. During a bear market, however, Kinea II Real 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 Kinea II or Kinea 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 Kinea II's price will be affected by overall fund 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 Kinea fund'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.
Kinea II Real 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 Kinea II Price Volatility?
Several factors can influence a fund'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.Kinea II Fund Risk Measures
Assuming the 90 days trading horizon the coefficient of variation of Kinea II is -1042.67. The daily returns are distributed with a variance of 47.36 and standard deviation of 6.88. The mean deviation of Kinea II Real is currently at 5.19. For similar time horizon, the selected benchmark (Dow Jones Industrial) has volatility of 0.77
α | Alpha over Dow Jones | -0.63 | |
β | Beta against Dow Jones | -0.17 | |
σ | Overall volatility | 6.88 | |
Ir | Information ratio | -0.11 |
Kinea II Fund Return Volatility
Kinea II historical daily return volatility represents how much of Kinea II fund's daily returns swing around its mean - it is a statistical measure of its dispersion of returns. The fund accepts 6.8816% volatility on return distribution over the 90 days horizon. By contrast, Dow Jones Industrial accepts 0.7626% volatility on return distribution over the 90 days horizon. Performance |
| Timeline |
Kinea II Investment Opportunity
Kinea II Real has a volatility of 6.88 and is 9.05 times more volatile than Dow Jones Industrial. 61 percent of all equities and portfolios are less risky than Kinea II. You can use Kinea II Real to protect your portfolios against small market fluctuations. The fund experiences a very speculative upward sentiment. Check odds of Kinea II to be traded at R$0.2185 in 90 days.Good diversification
The correlation between Kinea II Real and DJI is -0.02 (i.e., Good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Kinea II Real and DJI in the same portfolio, assuming nothing else is changed.
Kinea II Additional Risk Indicators
The analysis of Kinea II'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 Kinea II's investment and either accepting that risk or mitigating it. Along with some common measures of Kinea II fund'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 | (0.06) | |||
| Market Risk Adjusted Performance | 3.93 | |||
| Mean Deviation | 5.18 | |||
| Coefficient Of Variation | (1,073) | |||
| Standard Deviation | 6.83 | |||
| Variance | 46.62 | |||
| Information Ratio | (0.11) |
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential funds, we recommend comparing similar funds with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.
Kinea II 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 Kinea II 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. Kinea II'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, Kinea II'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 Kinea II Real.
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