Scout24 Ag Stock Volatility
| SCOTF Stock | USD 115.36 0.00 0.00% |
Scout24 AG owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.16, which indicates the firm had a -0.16 % return per unit of risk over the last 3 months. Scout24 AG exposes sixteen different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Scout24 AG's Risk Adjusted Performance of (0.11), coefficient of variation of (621.21), and Variance of 0.6835 to confirm the risk estimate we provide. Key indicators related to Scout24 AG's volatility include:
30 Days Market Risk | Chance Of Distress | 30 Days Economic Sensitivity |
Scout24 AG Pink Sheet 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 Scout24 daily returns, and it is calculated using variance and standard deviation. We also use Scout24's beta, its sensitivity to the market, as well as its odds of financial distress to provide a more practical estimation of Scout24 AG volatility.
Scout24 |
Since volatility provides investors with entry points to take advantage of stock prices, companies, such as Scout24 AG 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 Scout24 AG at lower prices to lower their average cost per share. Similarly, when the prices of Scout24 AG's stock rise, investors can sell out and invest the proceeds in other equities with better opportunities.
Moving together with Scout24 Pink Sheet
| 0.87 | META | Meta Platforms | PairCorr |
| 0.68 | TCTZF | Tencent Holdings | PairCorr |
| 0.64 | TCEHY | Tencent Holdings | PairCorr |
| 0.62 | PROSY | Prosus NV ADR | PairCorr |
| 0.9 | DASH | DoorDash, Class A | PairCorr |
Moving against Scout24 Pink Sheet
Scout24 AG Market Sensitivity And Downside Risk
Scout24 AG's beta coefficient measures the volatility of Scout24 pink sheet 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 Scout24 pink sheet's returns against your selected market. In other words, Scout24 AG's beta of 0.077 provides an investor with an approximation of how much risk Scout24 AG pink sheet can potentially add to one of your existing portfolios. Scout24 AG exhibits very low volatility with skewness of -6.85 and kurtosis of 49.1. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Scout24 AG's pink sheet risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact Scout24 AG's pink sheet 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 Scout24 AG Demand TrendCheck current 90 days Scout24 AG correlation with market (Dow Jones Industrial)Scout24 Beta |
Scout24 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 | 0.84 |
It is essential to understand the difference between upside risk (as represented by Scout24 AG's standard deviation) and the downside risk, which can be measured by semi-deviation or downside deviation of Scout24 AG's daily returns or price. Since the actual investment returns on holding a position in scout24 pink sheet 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 Scout24 AG.
Scout24 AG Pink Sheet Volatility Analysis
Volatility refers to the frequency at which Scout24 AG pink sheet price increases or decreases within a specified period. These fluctuations usually indicate the level of risk that's associated with Scout24 AG's price changes. Investors will then calculate the volatility of Scout24 AG's pink sheet to predict their future moves. A pink sheet that has erratic price changes quickly hits new highs, and lows are considered highly volatile. A pink sheet with relatively stable price changes has low volatility. A highly volatile pink sheet 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 Scout24 AG's volatility:
Historical Volatility
This type of pink sheet volatility measures Scout24 AG's fluctuations based on previous trends. It's commonly used to predict Scout24 AG's future behavior based on its past. However, it cannot conclusively determine the future direction of the pink sheet.Implied Volatility
This type of volatility provides a positive outlook on future price fluctuations for Scout24 AG's current market price. This means that the pink sheet will return to its initially predicted market price. This type of volatility can be derived from derivative instruments written on Scout24 AG'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. The Median Price line plots median indexes of Scout24 AG price series.
Scout24 AG Projected Return Density Against Market
Assuming the 90 days horizon Scout24 AG has a beta of 0.077 . This usually implies as returns on the market go up, Scout24 AG average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Scout24 AG 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 Scout24 AG or Communication Services 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 Scout24 AG's price will be affected by overall pink sheet 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 Scout24 pink sheet'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.
Scout24 AG 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 Scout24 AG Price Volatility?
Several factors can influence a pink sheet'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.Scout24 AG Pink Sheet Risk Measures
Assuming the 90 days horizon the coefficient of variation of Scout24 AG is -611.62. The daily returns are distributed with a variance of 0.7 and standard deviation of 0.84. The mean deviation of Scout24 AG is currently at 0.27. For similar time horizon, the selected benchmark (Dow Jones Industrial) has volatility of 0.7
α | Alpha over Dow Jones | -0.15 | |
β | Beta against Dow Jones | 0.08 | |
σ | Overall volatility | 0.84 | |
Ir | Information ratio | -0.26 |
Scout24 AG Pink Sheet Return Volatility
Scout24 AG historical daily return volatility represents how much of Scout24 AG pink sheet's daily returns swing around its mean - it is a statistical measure of its dispersion of returns. The company shows 0.8394% volatility of returns over 90 . By contrast, Dow Jones Industrial accepts 0.7122% volatility on return distribution over the 90 days horizon. Performance |
| Timeline |
About Scout24 AG Volatility
Volatility is a rate at which the price of Scout24 AG 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 Scout24 AG may increase or decrease. In other words, similar to Scout24's beta indicator, it measures the risk of Scout24 AG and helps estimate the fluctuations that may happen in a short period of time. So if prices of Scout24 AG 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.Scout24 SE operates ImmoScout24, a digital platform for the residential and commercial real estate sectors in Germany and internationally. Scout24 SE was founded in 1998 and is headquartered in Munich, Germany. Scout24 Se is traded on OTC Exchange in the United States.
Scout24 AG'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 Scout24 Pink Sheet over a specified period of time, often expressed as the standard deviation of daily returns. In other words, it measures how much Scout24 AG's price varies over time.
3 ways to utilize Scout24 AG's volatility to invest better
Higher Scout24 AG's stock volatility means that the price of its stock is changing rapidly and unpredictably, while lower stock volatility indicates that the price of Scout24 AG 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. Scout24 AG 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 Scout24 AG investment. A higher volatility means higher risk and potentially larger changes in value.
- Identifying Opportunities: High volatility in Scout24 AG'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 Scout24 AG's stock relates to your other investments can help you create a well-diversified portfolio of assets with varying levels of risk.
Scout24 AG Investment Opportunity
Scout24 AG has a volatility of 0.84 and is 1.18 times more volatile than Dow Jones Industrial. Compared to the overall equity markets, volatility of historical daily returns of Scout24 AG is lower than 7 percent of all global equities and portfolios over the last 90 days. You can use Scout24 AG to protect your portfolios against small market fluctuations. The pink sheet experiences a normal downward fluctuation but is a risky buy. Check odds of Scout24 AG to be traded at $114.21 in 90 days.Significant diversification
The correlation between Scout24 AG and DJI is 0.07 (i.e., Significant diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Scout24 AG and DJI in the same portfolio, assuming nothing else is changed.
Scout24 AG Additional Risk Indicators
The analysis of Scout24 AG'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 Scout24 AG's investment and either accepting that risk or mitigating it. Along with some common measures of Scout24 AG pink sheet'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 | (1.85) | |||
| Mean Deviation | 0.2581 | |||
| Coefficient Of Variation | (621.21) | |||
| Standard Deviation | 0.8267 | |||
| Variance | 0.6835 | |||
| Information Ratio | (0.26) |
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential pink sheets, we recommend comparing similar pink sheets with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.
Scout24 AG 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.
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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 Scout24 AG 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. Scout24 AG'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, Scout24 AG'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 Scout24 AG.
Complementary Tools for Scout24 Pink Sheet analysis
When running Scout24 AG's price analysis, check to measure Scout24 AG'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 Scout24 AG is operating at the current time. Most of Scout24 AG's value examination focuses on studying past and present price action to predict the probability of Scout24 AG's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Scout24 AG's price. Additionally, you may evaluate how the addition of Scout24 AG to your portfolios can decrease your overall portfolio volatility.
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