Sygnum Platform (Switzerland) Volatility
| MOON Etf | USD 18.56 1.12 5.69% |
Sygnum Platform appears to be somewhat reliable, given 3 months investment horizon. Sygnum Platform Winners owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0529, which indicates the etf had a 0.0529 % return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Sygnum Platform Winners, which you can use to evaluate the volatility of the etf. Please review Sygnum Platform's Semi Deviation of 5.21, coefficient of variation of 1394.61, and Risk Adjusted Performance of 0.0605 to confirm if our risk estimates are consistent with your expectations.
Sygnum |
Sygnum Platform 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 Sygnum daily returns, and it is calculated using variance and standard deviation. We also use Sygnum's beta, its sensitivity to the market, as well as its odds of financial distress to provide a more practical estimation of Sygnum Platform volatility.
Downward market volatility can be a perfect environment for investors who play the long game with Sygnum Platform. They may decide to buy additional shares of Sygnum Platform at lower prices to lower the average cost per share, thereby improving their portfolio's performance when markets normalize.
Moving against Sygnum Etf
Sygnum Platform Market Sensitivity And Downside Risk
Sygnum Platform's beta coefficient measures the volatility of Sygnum 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 Sygnum etf's returns against your selected market. In other words, Sygnum Platform's beta of 0.28 provides an investor with an approximation of how much risk Sygnum Platform etf can potentially add to one of your existing portfolios. Sygnum Platform Winners exhibits above-average semi-deviation for your current time horizon. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Sygnum Platform'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 Sygnum Platform'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 Sygnum Platform Winners Demand TrendCheck current 90 days Sygnum Platform correlation with market (Dow Jones Industrial)Sygnum Beta |
Sygnum 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 | 5.52 |
It is essential to understand the difference between upside risk (as represented by Sygnum Platform's standard deviation) and the downside risk, which can be measured by semi-deviation or downside deviation of Sygnum Platform's daily returns or price. Since the actual investment returns on holding a position in sygnum 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 Sygnum Platform.
Sygnum Platform Winners Etf Volatility Analysis
Volatility refers to the frequency at which Sygnum Platform etf price increases or decreases within a specified period. These fluctuations usually indicate the level of risk that's associated with Sygnum Platform's price changes. Investors will then calculate the volatility of Sygnum Platform'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 Sygnum Platform's volatility:
Historical Volatility
This type of etf volatility measures Sygnum Platform's fluctuations based on previous trends. It's commonly used to predict Sygnum Platform'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 Sygnum Platform'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 Sygnum Platform'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. Sygnum Platform Winners 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.
Sygnum Platform Projected Return Density Against Market
Assuming the 90 days trading horizon Sygnum Platform has a beta of 0.2792 . This indicates as returns on the market go up, Sygnum Platform average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Sygnum Platform Winners 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 Sygnum Platform or 21Shares AG 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 Sygnum Platform'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 Sygnum 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.
Sygnum Platform Winners has an alpha of 0.3777, implying that it can generate a 0.38 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Predicted Return Density |
| Returns |
What Drives a Sygnum Platform 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.Sygnum Platform Etf Risk Measures
Assuming the 90 days trading horizon the coefficient of variation of Sygnum Platform is 1890.96. The daily returns are distributed with a variance of 30.43 and standard deviation of 5.52. The mean deviation of Sygnum Platform Winners is currently at 4.13. For similar time horizon, the selected benchmark (Dow Jones Industrial) has volatility of 0.72
α | Alpha over Dow Jones | 0.38 | |
β | Beta against Dow Jones | 0.28 | |
σ | Overall volatility | 5.52 | |
Ir | Information ratio | 0.07 |
Sygnum Platform Etf Return Volatility
Sygnum Platform historical daily return volatility represents how much of Sygnum Platform etf's daily returns swing around its mean - it is a statistical measure of its dispersion of returns. The fund accepts 5.5167% volatility on return distribution over the 90 days horizon. By contrast, Dow Jones Industrial accepts 0.717% volatility on return distribution over the 90 days horizon. Performance |
| Timeline |
About Sygnum Platform Volatility
Volatility is a rate at which the price of Sygnum Platform 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 Sygnum Platform may increase or decrease. In other words, similar to Sygnum's beta indicator, it measures the risk of Sygnum Platform and helps estimate the fluctuations that may happen in a short period of time. So if prices of Sygnum Platform 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 Sygnum Platform's volatility to invest better
Higher Sygnum Platform's etf volatility means that the price of its stock is changing rapidly and unpredictably, while lower stock volatility indicates that the price of Sygnum Platform Winners 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. Sygnum Platform Winners 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 Sygnum Platform Winners investment. A higher volatility means higher risk and potentially larger changes in value.
- Identifying Opportunities: High volatility in Sygnum Platform'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 Sygnum Platform's etf relates to your other investments can help you create a well-diversified portfolio of assets with varying levels of risk.
Sygnum Platform Investment Opportunity
Sygnum Platform Winners has a volatility of 5.52 and is 7.67 times more volatile than Dow Jones Industrial. Compared to the overall equity markets, volatility of historical daily returns of Sygnum Platform Winners is lower than 49 percent of all global equities and portfolios over the last 90 days. You can use Sygnum Platform Winners to protect your portfolios against small market fluctuations. The etf experiences a very speculative upward sentiment. Check odds of Sygnum Platform to be traded at $17.63 in 90 days.Significant diversification
The correlation between Sygnum Platform Winners and DJI is 0.04 (i.e., Significant diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Sygnum Platform Winners and DJI in the same portfolio, assuming nothing else is changed.
Sygnum Platform Additional Risk Indicators
The analysis of Sygnum Platform'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 Sygnum Platform's investment and either accepting that risk or mitigating it. Along with some common measures of Sygnum Platform 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 | 0.0605 | |||
| Market Risk Adjusted Performance | 1.39 | |||
| Mean Deviation | 4.1 | |||
| Semi Deviation | 5.21 | |||
| Downside Deviation | 5.55 | |||
| Coefficient Of Variation | 1394.61 | |||
| Standard Deviation | 5.51 |
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.
Sygnum Platform 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 Sygnum Platform 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. Sygnum Platform'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, Sygnum Platform'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 Sygnum Platform Winners.
Other Information on Investing in Sygnum Etf
Sygnum Platform financial ratios help investors to determine whether Sygnum 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 Sygnum with respect to the benefits of owning Sygnum Platform security.