Lyxor Net (France) Volatility
| PABH Etf | EUR 30.11 0.09 0.30% |
At this point, Lyxor Net is very steady. Lyxor Net Zero has Sharpe Ratio of 0.11, which conveys that the entity had a 0.11% return per unit of risk over the last 3 months. We have found thirty technical indicators for Lyxor Net, which you can use to evaluate the volatility of the etf. Please verify Lyxor Net's Risk Adjusted Performance of 0.086, downside deviation of 0.7161, and Mean Deviation of 0.558 to check out if the risk estimate we provide is consistent with the expected return of 0.0861%.
Lyxor |
Lyxor Net 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 Net volatility.
Downward market volatility can be a perfect environment for investors who play the long game with Lyxor Net. They may decide to buy additional shares of Lyxor Net at lower prices to lower the average cost per share, thereby improving their portfolio's performance when markets normalize.
Moving together with Lyxor Etf
| 0.74 | JPNH | Lyxor UCITS Japan | PairCorr |
| 0.79 | GBS | Gold Bullion Securities | PairCorr |
| 0.96 | HHH | HSBC SP 500 | PairCorr |
Moving against Lyxor Etf
Lyxor Net Market Sensitivity And Downside Risk
Lyxor Net'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 Net's beta of 0.58 provides an investor with an approximation of how much risk Lyxor Net etf can potentially add to one of your existing portfolios. Lyxor Net Zero exhibits relatively low volatility with skewness of 0.14 and kurtosis of 1.27. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Lyxor Net'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 Net'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 Net Zero Demand TrendCheck current 90 days Lyxor Net 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 | 0.75 |
It is essential to understand the difference between upside risk (as represented by Lyxor Net's standard deviation) and the downside risk, which can be measured by semi-deviation or downside deviation of Lyxor Net'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 Net.
Lyxor Net Zero Etf Volatility Analysis
Volatility refers to the frequency at which Lyxor Net etf price increases or decreases within a specified period. These fluctuations usually indicate the level of risk that's associated with Lyxor Net's price changes. Investors will then calculate the volatility of Lyxor Net'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 Net's volatility:
Historical Volatility
This type of etf volatility measures Lyxor Net's fluctuations based on previous trends. It's commonly used to predict Lyxor Net'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 Net'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 Net'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 Net Zero 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 Net Projected Return Density Against Market
Assuming the 90 days trading horizon Lyxor Net has a beta of 0.5753 indicating as returns on the market go up, Lyxor Net average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Lyxor Net Zero 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 Lyxor Net or Lyxor 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 Net'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 Net Zero has an alpha of 0.005, implying that it can generate a 0.005 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Predicted Return Density |
| Returns |
What Drives a Lyxor Net 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 Net Etf Risk Measures
Assuming the 90 days trading horizon the coefficient of variation of Lyxor Net is 872.3. The daily returns are distributed with a variance of 0.56 and standard deviation of 0.75. The mean deviation of Lyxor Net Zero is currently at 0.56. For similar time horizon, the selected benchmark (Dow Jones Industrial) has volatility of 0.77
α | Alpha over Dow Jones | 0.01 | |
β | Beta against Dow Jones | 0.58 | |
σ | Overall volatility | 0.75 | |
Ir | Information ratio | -0.06 |
Lyxor Net Etf Return Volatility
Lyxor Net historical daily return volatility represents how much of Lyxor Net etf's daily returns swing around its mean - it is a statistical measure of its dispersion of returns. The ETF accepts 0.7508% volatility on return distribution over the 90 days horizon. By contrast, Dow Jones Industrial accepts 0.7626% volatility on return distribution over the 90 days horizon. Performance |
| Timeline |
About Lyxor Net Volatility
Volatility is a rate at which the price of Lyxor Net 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 Net may increase or decrease. In other words, similar to Lyxor's beta indicator, it measures the risk of Lyxor Net and helps estimate the fluctuations that may happen in a short period of time. So if prices of Lyxor Net 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 Lyxor Net's volatility to invest better
Higher Lyxor Net'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 Net Zero 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 Net Zero 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 Net Zero investment. A higher volatility means higher risk and potentially larger changes in value.
- Identifying Opportunities: High volatility in Lyxor Net'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 Net's etf relates to your other investments can help you create a well-diversified portfolio of assets with varying levels of risk.
Lyxor Net Investment Opportunity
Dow Jones Industrial has a standard deviation of returns of 0.76 and is 1.01 times more volatile than Lyxor Net Zero. 6 percent of all equities and portfolios are less risky than Lyxor Net. You can use Lyxor Net Zero to enhance the returns of your portfolios. The etf experiences a normal upward fluctuation. Check odds of Lyxor Net to be traded at €31.62 in 90 days.Very weak diversification
The correlation between Lyxor Net Zero and DJI is 0.59 (i.e., Very weak diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Lyxor Net Zero and DJI in the same portfolio, assuming nothing else is changed.
Lyxor Net Additional Risk Indicators
The analysis of Lyxor Net'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 Net's investment and either accepting that risk or mitigating it. Along with some common measures of Lyxor Net 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 | 0.086 | |||
| Market Risk Adjusted Performance | 0.1395 | |||
| Mean Deviation | 0.558 | |||
| Semi Deviation | 0.6265 | |||
| Downside Deviation | 0.7161 | |||
| Coefficient Of Variation | 889.09 | |||
| Standard Deviation | 0.7511 |
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 Net 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 Net 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 Net'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 Net'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 Net Zero.
Other Information on Investing in Lyxor Etf
Lyxor Net 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 Net security.