Mainstay Cbre Global Stock Volatility
| MEGI Stock | USD 13.43 0.08 0.59% |
MainStay CBRE Global has Sharpe Ratio of -0.0187, which conveys that the firm had a -0.0187% return per unit of risk over the last 3 months. MainStay CBRE exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify MainStay CBRE's Risk Adjusted Performance of (0.01), mean deviation of 0.7187, and Standard Deviation of 0.9821 to check out the risk estimate we provide. Key indicators related to MainStay CBRE's volatility include:
360 Days Market Risk | Chance Of Distress | 360 Days Economic Sensitivity |
MainStay CBRE 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 MainStay daily returns, and it is calculated using variance and standard deviation. We also use MainStay's beta, its sensitivity to the market, as well as its odds of financial distress to provide a more practical estimation of MainStay CBRE volatility.
MainStay |
Downward market volatility can be a perfect environment for investors who play the long game. Here, they may decide to buy additional stocks of MainStay CBRE at lower prices. For example, an investor can purchase MainStay 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.
Moving together with MainStay Stock
| 0.72 | PPERY | Bank Mandiri Persero | PairCorr |
| 0.79 | PBCRY | Bank Central Asia | PairCorr |
| 0.63 | BKRKY | Bank Rakyat | PairCorr |
| 0.71 | TLK | Telkom Indonesia Tbk | PairCorr |
Moving against MainStay Stock
| 0.68 | JPM | JPMorgan Chase Sell-off Trend | PairCorr |
| 0.6 | BAC | Bank of America Aggressive Push | PairCorr |
| 0.51 | CVX | Chevron Corp Fiscal Year End 7th of February 2025 | PairCorr |
| 0.48 | DIS | Walt Disney Aggressive Push | PairCorr |
| 0.36 | WMT | Walmart Aggressive Push | PairCorr |
| 0.33 | CSCO | Cisco Systems Aggressive Push | PairCorr |
MainStay CBRE Market Sensitivity And Downside Risk
MainStay CBRE's beta coefficient measures the volatility of MainStay 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 MainStay stock's returns against your selected market. In other words, MainStay CBRE's beta of -0.0181 provides an investor with an approximation of how much risk MainStay CBRE stock can potentially add to one of your existing portfolios. MainStay CBRE Global exhibits very low volatility with skewness of -0.32 and kurtosis of 0.83. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure MainStay CBRE'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 MainStay CBRE'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 MainStay CBRE Global Demand TrendCheck current 90 days MainStay CBRE correlation with market (Dow Jones Industrial)MainStay Beta |
MainStay 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 | 0.98 |
It is essential to understand the difference between upside risk (as represented by MainStay CBRE's standard deviation) and the downside risk, which can be measured by semi-deviation or downside deviation of MainStay CBRE's daily returns or price. Since the actual investment returns on holding a position in mainstay 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 MainStay CBRE.
MainStay CBRE Global Stock Volatility Analysis
Volatility refers to the frequency at which MainStay CBRE stock price increases or decreases within a specified period. These fluctuations usually indicate the level of risk that's associated with MainStay CBRE's price changes. Investors will then calculate the volatility of MainStay CBRE'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 MainStay CBRE's volatility:
Historical Volatility
This type of stock volatility measures MainStay CBRE's fluctuations based on previous trends. It's commonly used to predict MainStay CBRE'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 MainStay CBRE'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 MainStay CBRE'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. MainStay CBRE Global 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.
MainStay CBRE Projected Return Density Against Market
Given the investment horizon of 90 days MainStay CBRE Global has a beta of -0.0181 . This indicates as returns on the benchmark increase, returns on holding MainStay CBRE are expected to decrease at a much lower rate. During a bear market, however, MainStay CBRE Global 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 MainStay CBRE or Capital Markets 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 MainStay CBRE'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 MainStay 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.
MainStay CBRE Global 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 MainStay CBRE 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.MainStay CBRE Stock Risk Measures
Given the investment horizon of 90 days the coefficient of variation of MainStay CBRE is -5356.44. The daily returns are distributed with a variance of 0.96 and standard deviation of 0.98. The mean deviation of MainStay CBRE Global is currently at 0.72. For similar time horizon, the selected benchmark (Dow Jones Industrial) has volatility of 0.76
α | Alpha over Dow Jones | -0.03 | |
β | Beta against Dow Jones | -0.02 | |
σ | Overall volatility | 0.98 | |
Ir | Information ratio | -0.15 |
MainStay CBRE Stock Return Volatility
MainStay CBRE historical daily return volatility represents how much of MainStay CBRE stock's daily returns swing around its mean - it is a statistical measure of its dispersion of returns. The firm inherits 0.9821% risk (volatility on return distribution) over the 90 days horizon. By contrast, Dow Jones Industrial accepts 0.7716% volatility on return distribution over the 90 days horizon. Performance |
| Timeline |
About MainStay CBRE Volatility
Volatility is a rate at which the price of MainStay CBRE 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 MainStay CBRE may increase or decrease. In other words, similar to MainStay's beta indicator, it measures the risk of MainStay CBRE and helps estimate the fluctuations that may happen in a short period of time. So if prices of MainStay CBRE 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 MainStay CBRE's volatility to invest better
Higher MainStay CBRE's stock volatility means that the price of its stock is changing rapidly and unpredictably, while lower stock volatility indicates that the price of MainStay CBRE Global 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. MainStay CBRE Global 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 MainStay CBRE Global investment. A higher volatility means higher risk and potentially larger changes in value.
- Identifying Opportunities: High volatility in MainStay CBRE'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 MainStay CBRE's stock relates to your other investments can help you create a well-diversified portfolio of assets with varying levels of risk.
MainStay CBRE Investment Opportunity
MainStay CBRE Global has a volatility of 0.98 and is 1.27 times more volatile than Dow Jones Industrial. 8 percent of all equities and portfolios are less risky than MainStay CBRE. You can use MainStay CBRE Global 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 MainStay CBRE to be traded at $13.16 in 90 days.Good diversification
The correlation between MainStay CBRE Global and DJI is -0.01 (i.e., Good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding MainStay CBRE Global and DJI in the same portfolio, assuming nothing else is changed.
MainStay CBRE Additional Risk Indicators
The analysis of MainStay CBRE'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 MainStay CBRE's investment and either accepting that risk or mitigating it. Along with some common measures of MainStay CBRE 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 | 1.58 | |||
| Mean Deviation | 0.7187 | |||
| Coefficient Of Variation | (5,356) | |||
| Standard Deviation | 0.9821 | |||
| Variance | 0.9645 | |||
| Information Ratio | (0.15) |
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.
MainStay CBRE 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 MainStay CBRE 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. MainStay CBRE'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, MainStay CBRE'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 MainStay CBRE Global.
Complementary Tools for MainStay Stock analysis
When running MainStay CBRE's price analysis, check to measure MainStay CBRE'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 MainStay CBRE is operating at the current time. Most of MainStay CBRE's value examination focuses on studying past and present price action to predict the probability of MainStay CBRE's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move MainStay CBRE's price. Additionally, you may evaluate how the addition of MainStay CBRE to your portfolios can decrease your overall portfolio volatility.
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