Man Active Emerging Etf Volatility
| MEMA Etf | 28.16 0.16 0.57% |
Man Active appears to be very steady, given 3 months investment horizon. Man Active Emerging has Sharpe Ratio of 0.44, which conveys that the entity had a 0.44 % return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Man Active, which you can use to evaluate the volatility of the etf. Please exercise Man Active's Coefficient Of Variation of 229.31, mean deviation of 0.683, and Risk Adjusted Performance of 0.3215 to check out if our risk estimates are consistent with your expectations.
Sharpe Ratio = 0.4361
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Based on monthly moving average Man Active is performing at about 34% 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 Man Active by adding it to a well-diversified portfolio.
Key indicators related to Man Active's volatility include:90 Days Market Risk | Chance Of Distress | 90 Days Economic Sensitivity |
Man Active 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 Man daily returns, and it is calculated using variance and standard deviation. We also use Man's beta, its sensitivity to the market, as well as its odds of financial distress to provide a more practical estimation of Man Active volatility.
Downward market volatility can be a perfect environment for investors who play the long game with Man Active. They may decide to buy additional shares of Man Active at lower prices to lower the average cost per share, thereby improving their portfolio's performance when markets normalize.
Moving against Man Etf
Man Active Market Sensitivity And Downside Risk
Man Active's beta coefficient measures the volatility of Man 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 Man etf's returns against your selected market. In other words, Man Active's beta of 0.22 provides an investor with an approximation of how much risk Man Active etf can potentially add to one of your existing portfolios. Man Active Emerging exhibits relatively low volatility with skewness of 0.3 and kurtosis of -0.37. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Man Active'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 Man Active'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 Man Active Emerging Demand TrendCheck current 90 days Man Active correlation with market (Dow Jones Industrial)Man Active Volatility and Downside Risk
Man 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.
Man Active Emerging Etf Volatility Analysis
Volatility refers to the frequency at which Man Active etf price increases or decreases within a specified period. These fluctuations usually indicate the level of risk that's associated with Man Active's price changes. Investors will then calculate the volatility of Man Active'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 Man Active's volatility:
Historical Volatility
This type of etf volatility measures Man Active's fluctuations based on previous trends. It's commonly used to predict Man Active'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 Man Active'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 Man Active'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 thirty-two. Man Active Emerging 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.
Man Active Projected Return Density Against Market
Given the investment horizon of 90 days Man Active has a beta of 0.2215 . This indicates as returns on the market go up, Man Active average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Man Active Emerging 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 Man Active or Diversified Emerging Mkts 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 Man Active'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 Man 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.
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What Drives a Man Active 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 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.Man Active Etf Risk Measures
Given the investment horizon of 90 days the coefficient of variation of Man Active is 229.3. The daily returns are distributed with a variance of 0.71 and standard deviation of 0.85. The mean deviation of Man Active Emerging is currently at 0.68. For similar time horizon, the selected benchmark (Dow Jones Industrial) has volatility of 0.73
α | Alpha over Dow Jones | 0.35 | |
β | Beta against Dow Jones | 0.22 | |
σ | Overall volatility | 0.85 | |
Ir | Information ratio | 0.37 |
Man Active Etf Return Volatility
Man Active historical daily return volatility represents how much of Man Active etf's daily returns swing around its mean - it is a statistical measure of its dispersion of returns. The ETF inherits 0.8452% risk (volatility on return distribution) over the 90 days horizon. By contrast, Dow Jones Industrial accepts 0.7511% volatility on return distribution over the 90 days horizon. Performance |
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Related Correlations Analysis
Man Active Constituents Risk-Adjusted Indicators
There is a big difference between Man Etf performing well and Man Active ETF 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 Man Active'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| EQRR | 0.63 | 0.07 | 0.07 | 0.13 | 0.83 | 1.33 | 3.61 | |||
| ASCE | 0.94 | 0.04 | 0.04 | 0.08 | 1.04 | 1.65 | 4.59 | |||
| ERET | 0.40 | 0.05 | 0.03 | 0.17 | 0.48 | 0.98 | 2.74 | |||
| LBO | 0.90 | (0.13) | 0.00 | (0.08) | 0.00 | 2.06 | 5.60 | |||
| EMES | 0.71 | 0.05 | 0.04 | 0.12 | 0.76 | 1.78 | 4.37 | |||
| JHID | 0.49 | 0.17 | 0.26 | 0.37 | 0.18 | 1.02 | 2.65 | |||
| EBIT | 0.79 | 0.08 | 0.10 | 0.12 | 0.72 | 2.22 | 4.82 | |||
| SEA | 0.66 | 0.14 | 0.12 | 0.28 | 0.73 | 1.35 | 3.62 | |||
| WAR | 1.16 | 0.10 | 0.08 | 0.12 | 1.34 | 2.35 | 6.06 | |||
| EMDM | 0.83 | 0.29 | 0.21 | 4.03 | 0.89 | 1.84 | 6.46 |
About Man Active Volatility
Volatility is a rate at which the price of Man Active 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 Man Active may increase or decrease. In other words, similar to Man's beta indicator, it measures the risk of Man Active and helps estimate the fluctuations that may happen in a short period of time. So if prices of Man Active 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 Man Active's volatility to invest better
Higher Man Active's etf volatility means that the price of its stock is changing rapidly and unpredictably, while lower stock volatility indicates that the price of Man Active Emerging 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. Man Active Emerging 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 Man Active Emerging investment. A higher volatility means higher risk and potentially larger changes in value.
- Identifying Opportunities: High volatility in Man Active'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 Man Active's etf relates to your other investments can help you create a well-diversified portfolio of assets with varying levels of risk.
Man Active Investment Opportunity
Man Active Emerging has a volatility of 0.85 and is 1.13 times more volatile than Dow Jones Industrial. 7 percent of all equities and portfolios are less risky than Man Active. You can use Man Active Emerging to enhance the returns of your portfolios. The etf experiences a moderate upward volatility. Check odds of Man Active to be traded at 30.98 in 90 days.Very good diversification
The correlation between Man Active Emerging and DJI is -0.3 (i.e., Very good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Man Active Emerging and DJI in the same portfolio, assuming nothing else is changed.
Man Active Additional Risk Indicators
The analysis of Man Active'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 Man Active's investment and either accepting that risk or mitigating it. Along with some common measures of Man Active 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 | 0.3215 | |||
| Market Risk Adjusted Performance | 1.63 | |||
| Mean Deviation | 0.683 | |||
| Downside Deviation | 0.6817 | |||
| Coefficient Of Variation | 229.31 | |||
| Standard Deviation | 0.8452 | |||
| Variance | 0.7143 |
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.
Man Active 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 Man Active 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. Man Active'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, Man Active'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 Man Active Emerging.
When determining whether Man Active Emerging offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Man Active's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Man Active Emerging Etf. Outlined below are crucial reports that will aid in making a well-informed decision on Man Active Emerging Etf: Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Man Active Emerging. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in industry. You can also try the Funds Screener module to find actively-traded funds from around the world traded on over 30 global exchanges.
Man Active Emerging's market price often diverges from its book value, the accounting figure shown on Man's balance sheet. Smart investors calculate Man Active's intrinsic value - its true economic worth - which may differ significantly from both market price and book value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Since Man Active's trading price responds to investor sentiment, macroeconomic conditions, and market psychology, it can swing far from fundamental value.
Understanding that Man Active's value differs from its trading price is crucial, as each reflects different aspects of the company. Evaluating whether Man Active represents a sound investment requires analyzing earnings trends, revenue growth, technical signals, industry dynamics, and expert forecasts. However, Man Active's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.