Lyxor UCITS (France) Volatility
| LVC Etf | EUR 34.44 0.36 1.06% |
Lyxor UCITS Daily has Sharpe Ratio of -0.0807, which conveys that the entity had a -0.0807% return per unit of risk over the last 3 months. Lyxor UCITS exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Lyxor UCITS's Risk Adjusted Performance of (0.05), standard deviation of 1.8, and Mean Deviation of 1.4 to check out the risk estimate we provide. Key indicators related to Lyxor UCITS's volatility include:
30 Days Market Risk | Chance Of Distress | 30 Days Economic Sensitivity |
Lyxor UCITS Etf 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 Lyxor daily returns, and it is calculated using variance and standard deviation. We also use Lyxor's beta, its sensitivity to the market, as well as its odds of financial distress to provide a more practical estimation of Lyxor UCITS volatility.
Lyxor |
Downward market volatility can be a perfect environment for investors who play the long game with Lyxor UCITS. They may decide to buy additional shares of Lyxor UCITS at lower prices to lower the average cost per share, thereby improving their portfolio's performance when markets normalize.
Moving together with Lyxor Etf
Moving against Lyxor Etf
| 0.6 | CL2 | Amundi ETF Leveraged | PairCorr |
| 0.59 | HHH | HSBC SP 500 | PairCorr |
| 0.59 | SPY5 | SPDR SP 500 | PairCorr |
| 0.56 | PUST | Lyxor PEA Nasdaq | PairCorr |
| 0.56 | ANX | Amundi Index Solutions | PairCorr |
| 0.55 | EQQQ | Invesco EQQQ NASDAQ | PairCorr |
| 0.55 | UST | Multi Units Luxembourg | PairCorr |
| 0.47 | LQQ | Lyxor UCITS NASDAQ | PairCorr |
| 0.47 | TNOW | Multi Units Luxembourg | PairCorr |
Lyxor UCITS Market Sensitivity And Downside Risk
Lyxor UCITS's beta coefficient measures the volatility of Lyxor etf 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 Lyxor etf's returns against your selected market. In other words, Lyxor UCITS's beta of 0.96 provides an investor with an approximation of how much risk Lyxor UCITS etf can potentially add to one of your existing portfolios. Lyxor UCITS Daily exhibits very low volatility with skewness of 0.03 and kurtosis of 0.82. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Lyxor UCITS's etf risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact Lyxor UCITS's etf 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 Lyxor UCITS Daily Demand TrendCheck current 90 days Lyxor UCITS correlation with market (Dow Jones Industrial)Lyxor Beta |
Lyxor 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 Lyxor UCITS's standard deviation) and the downside risk, which can be measured by semi-deviation or downside deviation of Lyxor UCITS's daily returns or price. Since the actual investment returns on holding a position in lyxor etf 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 Lyxor UCITS.
Lyxor UCITS Daily Etf Volatility Analysis
Volatility refers to the frequency at which Lyxor UCITS etf price increases or decreases within a specified period. These fluctuations usually indicate the level of risk that's associated with Lyxor UCITS's price changes. Investors will then calculate the volatility of Lyxor UCITS's etf to predict their future moves. A etf that has erratic price changes quickly hits new highs, and lows are considered highly volatile. A etf with relatively stable price changes has low volatility. A highly volatile etf 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 Lyxor UCITS's volatility:
Historical Volatility
This type of etf volatility measures Lyxor UCITS's fluctuations based on previous trends. It's commonly used to predict Lyxor UCITS's future behavior based on its past. However, it cannot conclusively determine the future direction of the etf.Implied Volatility
This type of volatility provides a positive outlook on future price fluctuations for Lyxor UCITS's current market price. This means that the etf will return to its initially predicted market price. This type of volatility can be derived from derivative instruments written on Lyxor UCITS'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. Lyxor UCITS Daily 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.
Lyxor UCITS Projected Return Density Against Market
Assuming the 90 days trading horizon Lyxor UCITS has a beta of 0.9553 . This indicates Lyxor UCITS Daily market returns are sensitive to returns on the market. As the market goes up or down, Lyxor UCITS is expected to follow.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 Lyxor UCITS or Lyxor International Asset Management S.A.S. 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 Lyxor UCITS's price will be affected by overall etf 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 Lyxor etf'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.
Lyxor UCITS Daily 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 Lyxor UCITS Price Volatility?
Several factors can influence a etf'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.Lyxor UCITS Etf Risk Measures
Assuming the 90 days trading horizon the coefficient of variation of Lyxor UCITS is -1239.4. The daily returns are distributed with a variance of 3.27 and standard deviation of 1.81. The mean deviation of Lyxor UCITS Daily is currently at 1.41. For similar time horizon, the selected benchmark (Dow Jones Industrial) has volatility of 0.76
α | Alpha over Dow Jones | -0.24 | |
β | Beta against Dow Jones | 0.96 | |
σ | Overall volatility | 1.81 | |
Ir | Information ratio | -0.14 |
Lyxor UCITS Etf Return Volatility
Lyxor UCITS historical daily return volatility represents how much of Lyxor UCITS etf's daily returns swing around its mean - it is a statistical measure of its dispersion of returns. The ETF assumes 1.809% volatility of returns over the 90 days investment horizon. By contrast, Dow Jones Industrial accepts 0.7685% volatility on return distribution over the 90 days horizon. Performance |
| Timeline |
About Lyxor UCITS Volatility
Volatility is a rate at which the price of Lyxor UCITS 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 Lyxor UCITS may increase or decrease. In other words, similar to Lyxor's beta indicator, it measures the risk of Lyxor UCITS and helps estimate the fluctuations that may happen in a short period of time. So if prices of Lyxor UCITS 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.The Lyxor CAC 40 Daily Leveraged UCITS ETF is a UCITS compliant exchange traded fund that aims to track the benchmark index CAC 40 Leveraged GR Index.The index tracks the performance of a strategy which provides double exposure to the CAC 40 Gross Return Index with the support of short-term financing. LYXOR ETF is traded on Paris Stock Exchange in France.
Lyxor UCITS'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 Lyxor Etf over a specified period of time, often expressed as the standard deviation of daily returns. In other words, it measures how much Lyxor UCITS's price varies over time.
3 ways to utilize Lyxor UCITS's volatility to invest better
Higher Lyxor UCITS's etf volatility means that the price of its stock is changing rapidly and unpredictably, while lower stock volatility indicates that the price of Lyxor UCITS Daily etf 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. Lyxor UCITS Daily etf 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 Lyxor UCITS Daily investment. A higher volatility means higher risk and potentially larger changes in value.
- Identifying Opportunities: High volatility in Lyxor UCITS's etf 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 Lyxor UCITS's etf relates to your other investments can help you create a well-diversified portfolio of assets with varying levels of risk.
Lyxor UCITS Investment Opportunity
Lyxor UCITS Daily has a volatility of 1.81 and is 2.35 times more volatile than Dow Jones Industrial. 16 percent of all equities and portfolios are less risky than Lyxor UCITS. You can use Lyxor UCITS Daily to enhance the returns of your portfolios. The etf experiences a large bullish trend. Check odds of Lyxor UCITS to be traded at €37.88 in 90 days.Very weak diversification
The correlation between Lyxor UCITS Daily and DJI is 0.4 (i.e., Very weak diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Lyxor UCITS Daily and DJI in the same portfolio, assuming nothing else is changed.
Lyxor UCITS Additional Risk Indicators
The analysis of Lyxor UCITS'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 Lyxor UCITS's investment and either accepting that risk or mitigating it. Along with some common measures of Lyxor UCITS etf'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 | (0.05) | |||
| Market Risk Adjusted Performance | (0.14) | |||
| Mean Deviation | 1.4 | |||
| Coefficient Of Variation | (1,342) | |||
| Standard Deviation | 1.8 | |||
| Variance | 3.24 | |||
| Information Ratio | (0.14) |
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential etfs, we recommend comparing similar etfs with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.
Lyxor UCITS 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 Lyxor UCITS 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. Lyxor UCITS'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, Lyxor UCITS'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 Lyxor UCITS Daily.
Other Information on Investing in Lyxor Etf
Lyxor UCITS financial ratios help investors to determine whether Lyxor Etf 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 Lyxor with respect to the benefits of owning Lyxor UCITS security.