1919 Financial Services Fund Volatility
| SBFAX Fund | USD 33.26 0.02 0.06% |
1919 Financial appears to be very steady, given 3 months investment horizon. 1919 Financial Services retains Efficiency (Sharpe Ratio) of 0.17, which signifies that the fund had a 0.17% return per unit of price deviation over the last 3 months. We have found twenty-seven technical indicators for 1919 Financial, which you can use to evaluate the volatility of the entity. Please makes use of 1919 Financial's Coefficient Of Variation of 512.97, market risk adjusted performance of (1.72), and Standard Deviation of 1.19 to double-check if our risk estimates are consistent with your expectations. Key indicators related to 1919 Financial's volatility include:
30 Days Market Risk | Chance Of Distress | 30 Days Economic Sensitivity |
1919 Financial Mutual Fund 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 1919 daily returns, and it is calculated using variance and standard deviation. We also use 1919's beta, its sensitivity to the market, as well as its odds of financial distress to provide a more practical estimation of 1919 Financial volatility.
1919 |
Downward market volatility can be a perfect environment for investors who play the long game with 1919 Financial. They may decide to buy additional shares of 1919 Financial at lower prices to lower the average cost per share, thereby improving their portfolio's performance when markets normalize.
Moving together with 1919 Mutual Fund
| 0.76 | SSIAX | 1919 Socially Responsive | PairCorr |
| 0.74 | SESLX | 1919 Socially Responsive | PairCorr |
| 0.97 | SFSLX | 1919 Financial Services | PairCorr |
| 1.0 | LMRIX | 1919 Financial Services | PairCorr |
| 0.76 | LMRNX | 1919 Socially Responsive | PairCorr |
| 0.96 | VFAIX | Vanguard Financials Index | PairCorr |
| 0.92 | FRBCX | Regional Bank | PairCorr |
| 0.97 | JRGRX | Regional Bank | PairCorr |
Moving against 1919 Mutual Fund
1919 Financial Market Sensitivity And Downside Risk
1919 Financial's beta coefficient measures the volatility of 1919 mutual fund 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 1919 mutual fund's returns against your selected market. In other words, 1919 Financial's beta of -0.13 provides an investor with an approximation of how much risk 1919 Financial mutual fund can potentially add to one of your existing portfolios. 1919 Financial Services has low volatility with Treynor Ratio of -1.73, Maximum Drawdown of 8.6 and kurtosis of 12.91. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure 1919 Financial's mutual fund risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact 1919 Financial's mutual fund 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 1919 Financial Services Demand TrendCheck current 90 days 1919 Financial correlation with market (Dow Jones Industrial)1919 Beta |
1919 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 | 1.2 |
It is essential to understand the difference between upside risk (as represented by 1919 Financial's standard deviation) and the downside risk, which can be measured by semi-deviation or downside deviation of 1919 Financial's daily returns or price. Since the actual investment returns on holding a position in 1919 mutual fund 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 1919 Financial.
1919 Financial Services Mutual Fund Volatility Analysis
Volatility refers to the frequency at which 1919 Financial fund price increases or decreases within a specified period. These fluctuations usually indicate the level of risk that's associated with 1919 Financial's price changes. Investors will then calculate the volatility of 1919 Financial's mutual fund to predict their future moves. A fund that has erratic price changes quickly hits new highs, and lows are considered highly volatile. A mutual fund with relatively stable price changes has low volatility. A highly volatile fund 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 1919 Financial's volatility:
Historical Volatility
This type of fund volatility measures 1919 Financial's fluctuations based on previous trends. It's commonly used to predict 1919 Financial's future behavior based on its past. However, it cannot conclusively determine the future direction of the mutual fund.Implied Volatility
This type of volatility provides a positive outlook on future price fluctuations for 1919 Financial's current market price. This means that the fund will return to its initially predicted market price. This type of volatility can be derived from derivative instruments written on 1919 Financial'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. 1919 Financial Services 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.
1919 Financial Projected Return Density Against Market
Assuming the 90 days horizon 1919 Financial Services has a beta of -0.129 . This usually implies as returns on the benchmark increase, returns on holding 1919 Financial are expected to decrease at a much lower rate. During a bear market, however, 1919 Financial Services 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 1919 Financial or 1919 Funds 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 1919 Financial's price will be affected by overall mutual fund 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 1919 fund'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.
1919 Financial Services has an alpha of 0.2355, implying that it can generate a 0.24 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Predicted Return Density |
| Returns |
What Drives a 1919 Financial Price Volatility?
Several factors can influence a fund'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.1919 Financial Mutual Fund Risk Measures
Assuming the 90 days horizon the coefficient of variation of 1919 Financial is 598.11. The daily returns are distributed with a variance of 1.45 and standard deviation of 1.2. The mean deviation of 1919 Financial Services is currently at 0.79. For similar time horizon, the selected benchmark (Dow Jones Industrial) has volatility of 0.76
α | Alpha over Dow Jones | 0.24 | |
β | Beta against Dow Jones | -0.13 | |
σ | Overall volatility | 1.20 | |
Ir | Information ratio | 0.10 |
1919 Financial Mutual Fund Return Volatility
1919 Financial historical daily return volatility represents how much of 1919 Financial fund's daily returns swing around its mean - it is a statistical measure of its dispersion of returns. The fund shows 1.2044% volatility of returns over 90 . By contrast, Dow Jones Industrial accepts 0.7608% volatility on return distribution over the 90 days horizon. Performance |
| Timeline |
About 1919 Financial Volatility
Volatility is a rate at which the price of 1919 Financial 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 1919 Financial may increase or decrease. In other words, similar to 1919's beta indicator, it measures the risk of 1919 Financial and helps estimate the fluctuations that may happen in a short period of time. So if prices of 1919 Financial 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.The fund normally invests at least 80 percent of its net assets in equity securities of issuers in the financial services industry that the Adviser believes are undervalued and thus may offer above-average potential for capital appreciation. It may invest its assets in securities of foreign financial services companies. The fund may invest in fixed income securities, including high yield securities or junk bonds. It may invest in shares of open-end funds or ETFs.
1919 Financial'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 1919 Mutual Fund over a specified period of time, often expressed as the standard deviation of daily returns. In other words, it measures how much 1919 Financial's price varies over time.
3 ways to utilize 1919 Financial's volatility to invest better
Higher 1919 Financial's fund volatility means that the price of its stock is changing rapidly and unpredictably, while lower stock volatility indicates that the price of 1919 Financial Services fund 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. 1919 Financial Services fund 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 1919 Financial Services investment. A higher volatility means higher risk and potentially larger changes in value.
- Identifying Opportunities: High volatility in 1919 Financial's fund 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 1919 Financial's fund relates to your other investments can help you create a well-diversified portfolio of assets with varying levels of risk.
1919 Financial Investment Opportunity
1919 Financial Services has a volatility of 1.2 and is 1.58 times more volatile than Dow Jones Industrial. 10 percent of all equities and portfolios are less risky than 1919 Financial. You can use 1919 Financial Services to protect your portfolios against small market fluctuations. The mutual fund experiences a normal downward trend and little activity. Check odds of 1919 Financial to be traded at $32.93 in 90 days.Good diversification
The correlation between 1919 Financial Services and DJI is -0.08 (i.e., Good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding 1919 Financial Services and DJI in the same portfolio, assuming nothing else is changed.
1919 Financial Additional Risk Indicators
The analysis of 1919 Financial'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 1919 Financial's investment and either accepting that risk or mitigating it. Along with some common measures of 1919 Financial mutual fund'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 | 0.1523 | |||
| Market Risk Adjusted Performance | (1.72) | |||
| Mean Deviation | 0.7915 | |||
| Semi Deviation | 0.5141 | |||
| Downside Deviation | 0.8282 | |||
| Coefficient Of Variation | 512.97 | |||
| Standard Deviation | 1.19 |
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential mutual funds, we recommend comparing similar funds with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.
1919 Financial 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 1919 Financial 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. 1919 Financial'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, 1919 Financial'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 1919 Financial Services.
Other Information on Investing in 1919 Mutual Fund
1919 Financial financial ratios help investors to determine whether 1919 Mutual Fund 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 1919 with respect to the benefits of owning 1919 Financial security.
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