Snap On Stock Volatility

SNA Stock

USD 366.11 0.52 0.14%

At this point, Snap On is very steady. Snap On 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. We have found thirty technical indicators for Snap On, which you can use to evaluate the volatility of the company. Please validate Snap On's Risk Adjusted Performance of 0.078, semi deviation of 0.8159, and Coefficient Of Variation of 957.11 to confirm if the risk estimate we provide is consistent with the expected return of 0.15%.

Sharpe Ratio = 0.1554

High Returns	Best Equity
Good Returns
Average Returns
Small Returns
Cash	SNA	Average Risk	High Risk	Huge Risk
Negative Returns

Based on monthly moving average Snap On is performing at about 12% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Snap On by adding it to a well-diversified portfolio.

Key indicators related to Snap On's volatility include:

90 Days Market Risk

Very steady

Chance Of Distress

Low

90 Days Economic Sensitivity

Follows the market closely

Snap On 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 Snap daily returns, and it is calculated using variance and standard deviation. We also use Snap's beta, its sensitivity to the market, as well as its odds of financial distress to provide a more practical estimation of Snap On volatility.

Build AI portfolio with Snap Stock

ESG Sustainability

While most ESG disclosures are voluntary, Snap On's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Snap On's managers and investors.

Environmental

Governance

Social

Since volatility provides investors with entry points to take advantage of stock prices, companies, such as Snap On 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 Snap On at lower prices to lower their average cost per share. Similarly, when the prices of Snap On's stock rise, investors can sell out and invest the proceeds in other equities with better opportunities. Main indicators related to Snap On's market risk premium analysis include:

Beta

0.71

Alpha

0.0654

Risk

0.94

Sharpe Ratio

0.16

Expected Return

0.15

Moving together with Snap Stock

0.9	DOV	Dover	Pair Corr
0.9	GGG	Graco Inc	Pair Corr
0.91	WWD	Woodward Earnings Call Tomorrow	Pair Corr
0.69	ZKH	ZKH Group Limited	Pair Corr
0.91	LECO	Lincoln Electric Holdings	Pair Corr
0.75	LILIF	Argentina Lithium Energy	Pair Corr
0.9	KGC	Kinross Gold	Pair Corr
0.86	ACN	Accenture plc	Pair Corr
0.85	WMT	Walmart Common Stock Aggressive Push	Pair Corr
0.78	DD	Dupont De Nemours	Pair Corr
0.77	MRK	Merck Company Earnings Call This Week	Pair Corr
0.74	CVX	Chevron Corp	Pair Corr

Moving against Snap Stock

0.86	PBCRY	Bank Central Asia	Pair Corr
0.65	PTAIF	PT Astra International	Pair Corr
0.61	ATMV	ATMV Old Symbol Change	Pair Corr
0.41	BKRKF	PT Bank Rakyat	Pair Corr

Snap On Market Sensitivity And Downside Risk

Snap On's beta coefficient measures the volatility of Snap 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 Snap stock's returns against your selected market. In other words, Snap On's beta of 0.71 provides an investor with an approximation of how much risk Snap On stock can potentially add to one of your existing portfolios. Snap On has low volatility with Treynor Ratio of 0.13, Maximum Drawdown of 3.63 and kurtosis of 0.02. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Snap On'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 Snap On'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.

Check current 90 days Snap On correlation with market (Dow Jones Industrial)

0.07

0.71

Competition

3 Months Beta |Analyze Snap On Demand Trend

Check current 90 days Snap On correlation with market (Dow Jones Industrial)

Snap On Volatility and Downside Risk

Snap 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.

Using Snap Put Option to Manage Risk

Put options written on Snap On grant holders of the option the right to sell a specified amount of Snap On at a specified price within a specified time frame. The put buyer has a limited loss and, while not fully unlimited gains, as the price of Snap Stock cannot fall below zero, the put buyer does gain as the price drops. So, one way investors can hedge Snap On's position is by buying a put option against it. The put option used this way is usually referred to as insurance. If an undesired outcome occurs and loss on holding Snap On will be realized, the loss incurred will be offset by the profits made with the option trade.

Snap On's PUT expiring on 2026-03-20

Profit

Snap On Price At Expiration

Current Snap On Insurance Chain

		Delta	Gamma	Open Int	Expiration	Current Spread	Last Price
Put	SNA260320P00175000	-0.029048	4.07E-4	1	2026-03-20	0.0 - 2.15	0.0	View
Put	SNA260320P00185000	-0.031129	4.62E-4	1	2026-03-20	0.0 - 2.15	0.0	View
Put	SNA260320P00190000	-0.032228	4.92E-4	1	2026-03-20	0.0 - 2.15	0.0	View
Put	SNA260320P00200000	-0.034558	5.59E-4	2	2026-03-20	0.0 - 2.15	0.0	View
Put	SNA260320P00220000	-0.039859	7.27E-4	1	2026-03-20	0.0 - 2.15	0.0	View
Put	SNA260320P00230000	-0.042909	8.33E-4	2	2026-03-20	0.0 - 2.15	0.0	View
Put	SNA260320P00250000	-0.024471	7.59E-4	1	2026-03-20	0.0 - 0.75	0.0	View
Put	SNA260320P00260000	-0.051923	0.001268	3	2026-03-20	0.0 - 2.0	0.0	View
Put	SNA260320P00270000	-0.029262	0.001067	1	2026-03-20	0.0 - 0.75	0.0	View
Put	SNA260320P00280000	-0.032287	0.001288	4	2026-03-20	0.0 - 0.75	0.0	View
Put	SNA260320P00290000	-0.042246	0.00172	7	2026-03-20	0.0 - 0.95	0.0	View

View All Snap On Options

Snap On Stock Volatility Analysis

Volatility refers to the frequency at which Snap On stock price increases or decreases within a specified period. These fluctuations usually indicate the level of risk that's associated with Snap On's price changes. Investors will then calculate the volatility of Snap On'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 Snap On's volatility:

Historical Volatility

This type of stock volatility measures Snap On's fluctuations based on previous trends. It's commonly used to predict Snap On'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 Snap On'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 Snap On'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. Snap On 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.

Snap On Projected Return Density Against Market

Considering the 90-day investment horizon Snap On has a beta of 0.7123 . This usually implies as returns on the market go up, Snap On average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Snap On 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 Snap On or Machinery 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 Snap On'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 Snap 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.

Snap On has an alpha of 0.0654, implying that it can generate a 0.0654 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta).

Predicted Return Density

Returns

Snap On's volatility is measured either by using standard deviation or beta. Standard deviation will reflect the average amount of how snap stock's price will differ from the mean after some time.To get its calculation, you should first determine the mean price during the specified period then subtract that from each price point.

What Drives a Snap On 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.

Snap On Stock Risk Measures

Considering the 90-day investment horizon the coefficient of variation of Snap On is 643.7. The daily returns are distributed with a variance of 0.89 and standard deviation of 0.94. The mean deviation of Snap On is currently at 0.71. For similar time horizon, the selected benchmark (Dow Jones Industrial) has volatility of 0.72

α	Alpha over Dow Jones	0.07	Details
β	Beta against Dow Jones	0.71	Details
σ	Overall volatility	0.94	Details
Ir	Information ratio	0.06	Details

Snap On Stock Return Volatility

Snap On historical daily return volatility represents how much of Snap On stock's daily returns swing around its mean - it is a statistical measure of its dispersion of returns. The company has volatility of 0.9417% on return distribution over 90 days investment horizon. By contrast, Dow Jones Industrial accepts 0.7413% volatility on return distribution over the 90 days horizon.

Performance

Timeline

Related Correlations Analysis

	LII	ACM	EXPD	PNR	CHRW	FTAI	GPN	SWK	LECO	NVT
LII		-0.4	0.5	0.15	0.46	0.62	0.35	0.84	0.73	0.26	LII
ACM	-0.4		-0.85	0.38	-0.69	-0.49	0.0	-0.69	-0.64	0.21	ACM
EXPD	0.5	-0.85		-0.29	0.86	0.66	-0.2	0.79	0.69	0.08	EXPD
PNR	0.15	0.38	-0.29		-0.12	0.08	0.15	0.04	0.08	0.46	PNR
CHRW	0.46	-0.69	0.86	-0.12		0.78	-0.36	0.75	0.75	0.33	CHRW
FTAI	0.62	-0.49	0.66	0.08	0.78		-0.31	0.86	0.85	0.46	FTAI
GPN	0.35	0.0	-0.2	0.15	-0.36	-0.31		0.08	0.04	-0.44	GPN
SWK	0.84	-0.69	0.79	0.04	0.75	0.86	0.08		0.91	0.21	SWK
LECO	0.73	-0.64	0.69	0.08	0.75	0.85	0.04	0.91		0.25	LECO
NVT	0.26	0.21	0.08	0.46	0.33	0.46	-0.44	0.21	0.25		NVT
	LII	ACM	EXPD	PNR	CHRW	FTAI	GPN	SWK	LECO	NVT

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Correlation Matchups

Over a given time period, the two securities move together when the Correlation Coefficient is positive. Conversely, the two assets move in opposite directions when the Correlation Coefficient is negative. Determining your positions' relationship to each other is valuable for analyzing and projecting your portfolio's future expected return and risk.

High positive correlations

LECO	+ 0.91	SWK
CHRW	+ 0.86	EXPD
SWK	+ 0.86	FTAI
LECO	+ 0.85	FTAI
SWK	+ 0.84	LII
SWK	+ 0.79	EXPD

High negative correlations

EXPD	- 0.85	ACM
SWK	- 0.69	ACM
CHRW	- 0.69	ACM
LECO	- 0.64	ACM
FTAI	- 0.49	ACM
NVT	- 0.44	GPN

Risk-Adjusted Indicators

There is a big difference between Snap Stock performing well and Snap On Company doing well as a business compared to the competition. There are so many exceptions to the norm that investors cannot definitively determine what's good or bad unless they analyze Snap On's multiple risk-adjusted performance indicators across the competitive landscape. These indicators are quantitative in nature and help investors forecast volatility and risk-adjusted expected returns across various positions.

	Mean Deviation	Jensen Alpha	Sortino Ratio	Treynor Ratio	Semi Deviation	Expected Shortfall	Potential Upside	Value @Risk	Maximum Drawdown
LII	1.33	(0.07)	0.00	(0.01)	0.00	0.00	2.75	(2.66)	8.58
ACM	1.26	(0.50)	0.00	(0.49)	0.00	0.00	1.46	(2.59)	12.17
EXPD	1.22	0.43	0.41	0.55	0.63	(1.62)	2.46	(1.63)	13.29
PNR	1.02	(0.09)	0.00	(0.04)	0.00	0.00	2.77	(2.39)	7.55
CHRW	1.43	0.63	0.58	0.93	0.46	(1.94)	3.08	(1.70)	22.91
FTAI	2.58	0.61	0.18	0.60	2.80	(2.90)	6.86	(4.53)	17.39
GPN	1.43	(0.32)	0.00	(0.21)	0.00	0.00	3.21	(2.89)	7.50
SWK	1.57	0.09	0.07	0.08	1.58	(1.83)	4.60	(2.67)	10.50
LECO	1.21	0.16	0.08	0.85	1.50	(1.27)	2.53	(2.84)	7.77
NVT	1.92	0.09	0.04	0.10	2.71	(1.91)	3.53	(3.99)	16.83

About Snap On Volatility

Volatility is a rate at which the price of Snap On 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 Snap On may increase or decrease. In other words, similar to Snap's beta indicator, it measures the risk of Snap On and helps estimate the fluctuations that may happen in a short period of time. So if prices of Snap On 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.

	Last Reported	Projected for Next Year
Selling And Marketing Expenses	42.8 M	36.8 M
Market Cap	13.8 B	14.4 B

Snap On'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 Snap Stock over a specified period of time, often expressed as the standard deviation of daily returns. In other words, it measures how much Snap On's price varies over time.

3 ways to utilize Snap On's volatility to invest better

Higher Snap On's stock volatility means that the price of its stock is changing rapidly and unpredictably, while lower stock volatility indicates that the price of Snap On 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. Snap On 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 Snap On investment. A higher volatility means higher risk and potentially larger changes in value.
Identifying Opportunities: High volatility in Snap On'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 Snap On's stock relates to your other investments can help you create a well-diversified portfolio of assets with varying levels of risk.

Remember it's essential to remember that stock volatility is just one of many factors to consider when making investment decisions, and it should be used in conjunction with other fundamental and technical analysis tools.

Snap On Investment Opportunity

Snap On has a volatility of 0.94 and is 1.27 times more volatile than Dow Jones Industrial. 8 percent of all equities and portfolios are less risky than Snap On. You can use Snap On to protect your portfolios against small market fluctuations. The stock experiences a normal downward trend and little activity. Check odds of Snap On to be traded at $362.45 in 90 days.

Almost no diversification

The correlation between Snap On and DJI is 0.9 (i.e., Almost no diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Snap On and DJI in the same portfolio, assuming nothing else is changed.

View Details

Snap On Additional Risk Indicators

The analysis of Snap On'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 Snap On's investment and either accepting that risk or mitigating it. Along with some common measures of Snap On 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	0.078
	Market Risk Adjusted Performance	0.1367
	Mean Deviation	0.7399
	Semi Deviation	0.8159
	Downside Deviation	0.9394
	Coefficient Of Variation	957.11
	Standard Deviation	0.9597

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.

Snap On 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 Snap On 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. Snap On'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, Snap On'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 Snap On.

Complementary Tools for Snap Stock analysis

When running Snap On's price analysis, check to measure Snap On'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 Snap On is operating at the current time. Most of Snap On's value examination focuses on studying past and present price action to predict the probability of Snap On's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Snap On's price. Additionally, you may evaluate how the addition of Snap On to your portfolios can decrease your overall portfolio volatility.

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