Mairs Power Minnesota Etf Volatility
| MINN Etf | USD 22.23 0.01 0.04% |
Mairs Power Minnesota has Sharpe Ratio of -0.0072, which conveys that the entity had a -0.0072% return per unit of risk over the last 3 months. Mairs Power exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Mairs Power's Risk Adjusted Performance of (0.03), standard deviation of 0.2643, and Mean Deviation of 0.1987 to check out the risk estimate we provide. Key indicators related to Mairs Power's volatility include:
720 Days Market Risk | Chance Of Distress | 720 Days Economic Sensitivity |
Mairs Power 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 Mairs daily returns, and it is calculated using variance and standard deviation. We also use Mairs's beta, its sensitivity to the market, as well as its odds of financial distress to provide a more practical estimation of Mairs Power volatility.
Mairs |
Downward market volatility can be a perfect environment for investors who play the long game with Mairs Power. They may decide to buy additional shares of Mairs Power at lower prices to lower the average cost per share, thereby improving their portfolio's performance when markets normalize.
Moving together with Mairs Etf
Moving against Mairs Etf
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| 0.4 | IVV | iShares Core SP | PairCorr |
Mairs Power Market Sensitivity And Downside Risk
Mairs Power's beta coefficient measures the volatility of Mairs 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 Mairs etf's returns against your selected market. In other words, Mairs Power's beta of -0.0394 provides an investor with an approximation of how much risk Mairs Power etf can potentially add to one of your existing portfolios. Mairs Power Minnesota exhibits very low volatility with skewness of -0.26 and kurtosis of 0.17. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Mairs Power'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 Mairs Power'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 Mairs Power Minnesota Demand TrendCheck current 90 days Mairs Power correlation with market (Dow Jones Industrial)Mairs Beta |
Mairs 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 | 0.25 |
It is essential to understand the difference between upside risk (as represented by Mairs Power's standard deviation) and the downside risk, which can be measured by semi-deviation or downside deviation of Mairs Power's daily returns or price. Since the actual investment returns on holding a position in mairs 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 Mairs Power.
Mairs Power Minnesota Etf Volatility Analysis
Volatility refers to the frequency at which Mairs Power etf price increases or decreases within a specified period. These fluctuations usually indicate the level of risk that's associated with Mairs Power's price changes. Investors will then calculate the volatility of Mairs Power'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 Mairs Power's volatility:
Historical Volatility
This type of etf volatility measures Mairs Power's fluctuations based on previous trends. It's commonly used to predict Mairs Power'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 Mairs Power'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 Mairs Power'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. Mairs Power Minnesota 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.
Mairs Power Projected Return Density Against Market
Given the investment horizon of 90 days Mairs Power Minnesota has a beta of -0.0394 . This indicates as returns on the benchmark increase, returns on holding Mairs Power are expected to decrease at a much lower rate. During a bear market, however, Mairs Power Minnesota 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 Mairs Power or Mairs & Power 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 Mairs Power'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 Mairs 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.
Mairs Power Minnesota 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 Mairs Power 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.Mairs Power Etf Risk Measures
Given the investment horizon of 90 days the coefficient of variation of Mairs Power is -13850.15. The daily returns are distributed with a variance of 0.06 and standard deviation of 0.25. The mean deviation of Mairs Power Minnesota is currently at 0.19. For similar time horizon, the selected benchmark (Dow Jones Industrial) has volatility of 0.77
α | Alpha over Dow Jones | -0.0076 | |
β | Beta against Dow Jones | -0.04 | |
σ | Overall volatility | 0.25 | |
Ir | Information ratio | -0.5 |
Mairs Power Etf Return Volatility
Mairs Power historical daily return volatility represents how much of Mairs Power etf's daily returns swing around its mean - it is a statistical measure of its dispersion of returns. The ETF inherits 0.2524% risk (volatility on return distribution) over the 90 days horizon. By contrast, Dow Jones Industrial accepts 0.7796% volatility on return distribution over the 90 days horizon. Performance |
| Timeline |
About Mairs Power Volatility
Volatility is a rate at which the price of Mairs Power 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 Mairs Power may increase or decrease. In other words, similar to Mairs's beta indicator, it measures the risk of Mairs Power and helps estimate the fluctuations that may happen in a short period of time. So if prices of Mairs Power 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.Under normal market conditions, the fund seeks to achieve its investment objective by investing at least 80 percent of its net assets in municipal debt securities that pay interest that is exempt from regular federal income tax and Minnesota state income tax . Trust For is traded on BATS Exchange in the United States.
Mairs Power'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 Mairs Etf over a specified period of time, often expressed as the standard deviation of daily returns. In other words, it measures how much Mairs Power's price varies over time.
3 ways to utilize Mairs Power's volatility to invest better
Higher Mairs Power's etf volatility means that the price of its stock is changing rapidly and unpredictably, while lower stock volatility indicates that the price of Mairs Power Minnesota 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. Mairs Power Minnesota 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 Mairs Power Minnesota investment. A higher volatility means higher risk and potentially larger changes in value.
- Identifying Opportunities: High volatility in Mairs Power'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 Mairs Power's etf relates to your other investments can help you create a well-diversified portfolio of assets with varying levels of risk.
Mairs Power Investment Opportunity
Dow Jones Industrial has a standard deviation of returns of 0.78 and is 3.12 times more volatile than Mairs Power Minnesota. 2 percent of all equities and portfolios are less risky than Mairs Power. You can use Mairs Power Minnesota to enhance the returns of your portfolios. The etf experiences a normal upward fluctuation. Check odds of Mairs Power to be traded at $23.34 in 90 days.Good diversification
The correlation between Mairs Power Minnesota and DJI is -0.11 (i.e., Good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Mairs Power Minnesota and DJI in the same portfolio, assuming nothing else is changed.
Mairs Power Additional Risk Indicators
The analysis of Mairs Power'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 Mairs Power's investment and either accepting that risk or mitigating it. Along with some common measures of Mairs Power 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 | (0.03) | |||
| Market Risk Adjusted Performance | 0.3242 | |||
| Mean Deviation | 0.1987 | |||
| Coefficient Of Variation | (11,103) | |||
| Standard Deviation | 0.2643 | |||
| Variance | 0.0699 | |||
| Information Ratio | (0.50) |
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.
Mairs Power 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 Mairs Power 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. Mairs Power'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, Mairs Power'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 Mairs Power Minnesota.
When determining whether Mairs Power Minnesota offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Mairs Power'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 Mairs Power Minnesota Etf. Outlined below are crucial reports that will aid in making a well-informed decision on Mairs Power Minnesota Etf: Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Mairs Power Minnesota. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in board of governors. You can also try the Portfolio File Import module to quickly import all of your third-party portfolios from your local drive in csv format.
The market value of Mairs Power Minnesota is measured differently than its book value, which is the value of Mairs that is recorded on the company's balance sheet. Investors also form their own opinion of Mairs Power's value that differs from its market value or its book value, called intrinsic value, which is Mairs Power's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Mairs Power's market value can be influenced by many factors that don't directly affect Mairs Power's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Mairs Power's value and its price as these two are different measures arrived at by different means. Investors typically determine if Mairs Power is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Mairs Power'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.