Precio Fishbone (Sweden) Volatility
| PRCO-B Stock | SEK 22.20 0.40 1.77% |
Precio Fishbone AB maintains Sharpe Ratio (i.e., Efficiency) of -0.12, which implies the firm had a -0.12% return per unit of risk over the last 3 months. Precio Fishbone AB exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Precio Fishbone's Risk Adjusted Performance of (0.11), variance of 5.61, and Coefficient Of Variation of (629.56) to confirm the risk estimate we provide. Key indicators related to Precio Fishbone's volatility include:
360 Days Market Risk | Chance Of Distress | 360 Days Economic Sensitivity |
Precio Fishbone 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 Precio daily returns, and it is calculated using variance and standard deviation. We also use Precio's beta, its sensitivity to the market, as well as its odds of financial distress to provide a more practical estimation of Precio Fishbone volatility.
Precio |
Since volatility provides investors with entry points to take advantage of stock prices, companies, such as Precio Fishbone can benefit from it. Downward market volatility can be a perfect environment for investors who play the long game as hey may decide to buy additional stocks of Precio Fishbone at lower prices to lower their average cost per share. Similarly, when the prices of Precio Fishbone's stock rise, investors can sell out and invest the proceeds in other equities with better opportunities.
Moving together with Precio Stock
| 0.83 | KNOW | Know IT AB | PairCorr |
| 0.69 | DUST | Dustin Group AB | PairCorr |
| 0.88 | PACT | Proact IT Group | PairCorr |
| 0.9 | PREV-B | Prevas AB | PairCorr |
| 0.64 | B3 | B3 Consulting Group | PairCorr |
Moving against Precio Stock
| 0.81 | SHB-B | Svenska Handelsbanken | PairCorr |
| 0.75 | TRUE-B | Truecaller AB | PairCorr |
| 0.65 | SHB-A | Svenska Handelsbanken | PairCorr |
| 0.63 | LAGR-B | Lagercrantz Group | PairCorr |
| 0.56 | NDA-SE | Nordea Bank Abp | PairCorr |
Precio Fishbone Market Sensitivity And Downside Risk
Precio Fishbone's beta coefficient measures the volatility of Precio 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 Precio stock's returns against your selected market. In other words, Precio Fishbone's beta of 0.74 provides an investor with an approximation of how much risk Precio Fishbone stock can potentially add to one of your existing portfolios. Precio Fishbone AB exhibits very low volatility with skewness of 0.25 and kurtosis of 1.12. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Precio Fishbone'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 Precio Fishbone'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 Precio Fishbone AB Demand TrendCheck current 90 days Precio Fishbone correlation with market (Dow Jones Industrial)Precio Beta |
Precio 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 | 2.34 |
It is essential to understand the difference between upside risk (as represented by Precio Fishbone's standard deviation) and the downside risk, which can be measured by semi-deviation or downside deviation of Precio Fishbone's daily returns or price. Since the actual investment returns on holding a position in precio 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 Precio Fishbone.
Precio Fishbone AB Stock Volatility Analysis
Volatility refers to the frequency at which Precio Fishbone stock price increases or decreases within a specified period. These fluctuations usually indicate the level of risk that's associated with Precio Fishbone's price changes. Investors will then calculate the volatility of Precio Fishbone'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 Precio Fishbone's volatility:
Historical Volatility
This type of stock volatility measures Precio Fishbone's fluctuations based on previous trends. It's commonly used to predict Precio Fishbone'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 Precio Fishbone'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 Precio Fishbone'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. Precio Fishbone AB 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.
Precio Fishbone Projected Return Density Against Market
Assuming the 90 days trading horizon Precio Fishbone has a beta of 0.7363 indicating as returns on the market go up, Precio Fishbone average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Precio Fishbone AB 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 Precio Fishbone or Technology 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 Precio Fishbone'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 Precio 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.
Precio Fishbone AB 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 Precio Fishbone 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.Precio Fishbone Stock Risk Measures
Assuming the 90 days trading horizon the coefficient of variation of Precio Fishbone is -818.88. The daily returns are distributed with a variance of 5.45 and standard deviation of 2.34. The mean deviation of Precio Fishbone AB is currently at 1.68. For similar time horizon, the selected benchmark (Dow Jones Industrial) has volatility of 0.76
α | Alpha over Dow Jones | -0.47 | |
β | Beta against Dow Jones | 0.74 | |
σ | Overall volatility | 2.33 | |
Ir | Information ratio | -0.21 |
Precio Fishbone Stock Return Volatility
Precio Fishbone historical daily return volatility represents how much of Precio Fishbone stock's daily returns swing around its mean - it is a statistical measure of its dispersion of returns. The company accepts 2.335% 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 Precio Fishbone Volatility
Volatility is a rate at which the price of Precio Fishbone 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 Precio Fishbone may increase or decrease. In other words, similar to Precio's beta indicator, it measures the risk of Precio Fishbone and helps estimate the fluctuations that may happen in a short period of time. So if prices of Precio Fishbone 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.Precio Fishbone AB provides Microsoft-based solutions for the private and public sectors in Sweden. Precio Fishbone AB was founded in 2001 and is based in rebro, Sweden. Precio Fishbone is traded on Stockholm Stock Exchange in Sweden.
Precio Fishbone'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 Precio Stock over a specified period of time, often expressed as the standard deviation of daily returns. In other words, it measures how much Precio Fishbone's price varies over time.
3 ways to utilize Precio Fishbone's volatility to invest better
Higher Precio Fishbone's stock volatility means that the price of its stock is changing rapidly and unpredictably, while lower stock volatility indicates that the price of Precio Fishbone AB 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. Precio Fishbone AB 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 Precio Fishbone AB investment. A higher volatility means higher risk and potentially larger changes in value.
- Identifying Opportunities: High volatility in Precio Fishbone'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 Precio Fishbone's stock relates to your other investments can help you create a well-diversified portfolio of assets with varying levels of risk.
Precio Fishbone Investment Opportunity
Precio Fishbone AB has a volatility of 2.34 and is 3.04 times more volatile than Dow Jones Industrial. 20 percent of all equities and portfolios are less risky than Precio Fishbone. You can use Precio Fishbone AB to protect your portfolios against small market fluctuations. The stock experiences a somewhat bearish sentiment, but the market may correct it shortly. Check odds of Precio Fishbone to be traded at kr21.53 in 90 days.Modest diversification
The correlation between Precio Fishbone AB and DJI is 0.24 (i.e., Modest diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Precio Fishbone AB and DJI in the same portfolio, assuming nothing else is changed.
Precio Fishbone Additional Risk Indicators
The analysis of Precio Fishbone'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 Precio Fishbone's investment and either accepting that risk or mitigating it. Along with some common measures of Precio Fishbone 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 | (0.11) | |||
| Market Risk Adjusted Performance | (0.51) | |||
| Mean Deviation | 1.75 | |||
| Coefficient Of Variation | (629.56) | |||
| Standard Deviation | 2.37 | |||
| Variance | 5.61 | |||
| Information Ratio | (0.21) |
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.
Precio Fishbone 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 Precio Fishbone 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. Precio Fishbone'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, Precio Fishbone'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 Precio Fishbone AB.
Complementary Tools for Precio Stock analysis
When running Precio Fishbone's price analysis, check to measure Precio Fishbone'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 Precio Fishbone is operating at the current time. Most of Precio Fishbone's value examination focuses on studying past and present price action to predict the probability of Precio Fishbone's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Precio Fishbone's price. Additionally, you may evaluate how the addition of Precio Fishbone to your portfolios can decrease your overall portfolio volatility.
| Competition Analyzer Analyze and compare many basic indicators for a group of related or unrelated entities | |
| Portfolio Volatility Check portfolio volatility and analyze historical return density to properly model market risk | |
| Economic Indicators Top statistical indicators that provide insights into how an economy is performing | |
| Piotroski F Score Get Piotroski F Score based on the binary analysis strategy of nine different fundamentals | |
| Portfolio Holdings Check your current holdings and cash postion to detemine if your portfolio needs rebalancing |