CrossingBridge Pre Merger SPAC Volatility
| SPCDelisted Etf | USD 18.98 0.01 0.05% |
CrossingBridge Pre secures Sharpe Ratio (or Efficiency) of -0.0191, which signifies that the etf had a -0.0191 % return per unit of risk over the last 3 months. CrossingBridge Pre Merger SPAC exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm CrossingBridge Pre's Mean Deviation of 0.557, standard deviation of 0.9982, and insignificant Risk Adjusted Performance to double-check the risk estimate we provide.
Sharpe Ratio = -0.0191
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| Negative Returns | SPC |
Based on monthly moving average CrossingBridge Pre is not performing at its full potential. However, 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 CrossingBridge Pre by adding CrossingBridge Pre to a well-diversified portfolio.
Key indicators related to CrossingBridge Pre's volatility include:90 Days Market Risk | Chance Of Distress | 90 Days Economic Sensitivity |
CrossingBridge Pre 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 CrossingBridge daily returns, and it is calculated using variance and standard deviation. We also use CrossingBridge's beta, its sensitivity to the market, as well as its odds of financial distress to provide a more practical estimation of CrossingBridge Pre volatility.
CrossingBridge |
Downward market volatility can be a perfect environment for investors who play the long game with CrossingBridge Pre. They may decide to buy additional shares of CrossingBridge Pre at lower prices to lower the average cost per share, thereby improving their portfolio's performance when markets normalize.
Moving against CrossingBridge Etf
CrossingBridge Pre Market Sensitivity And Downside Risk
CrossingBridge Pre's beta coefficient measures the volatility of CrossingBridge 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 CrossingBridge etf's returns against your selected market. In other words, CrossingBridge Pre's beta of -0.0319 provides an investor with an approximation of how much risk CrossingBridge Pre etf can potentially add to one of your existing portfolios. CrossingBridge Pre Merger SPAC exhibits very low volatility with skewness of 1.6 and kurtosis of 11.26. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure CrossingBridge Pre'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 CrossingBridge Pre'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.
| α | -0.01 | β | -0.03 | Check current 90 days CrossingBridge Pre correlation with market (Dow Jones Industrial)
CrossingBridge Pre Volatility and Downside Risk
CrossingBridge 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.
CrossingBridge Pre Etf Volatility Analysis
Volatility refers to the frequency at which CrossingBridge Pre delisted etf price increases or decreases within a specified period. These fluctuations usually indicate the level of risk that's associated with CrossingBridge Pre's price changes. Investors will then calculate the volatility of CrossingBridge Pre's etf to predict their future moves. A delisted 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 delisted 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 CrossingBridge Pre's volatility:
Historical Volatility
This type of delisted etf volatility measures CrossingBridge Pre's fluctuations based on previous trends. It's commonly used to predict CrossingBridge Pre'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 CrossingBridge Pre's current market price. This means that the delisted etf will return to its initially predicted market price. This type of volatility can be derived from derivative instruments written on CrossingBridge Pre's to be redeemed at a future date.Transformation |
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CrossingBridge Pre Projected Return Density Against Market
Considering the 90-day investment horizon CrossingBridge Pre Merger SPAC has a beta of -0.0319 . This usually implies as returns on the benchmark increase, returns on holding CrossingBridge Pre are expected to decrease at a much lower rate. During a bear market, however, CrossingBridge Pre Merger SPAC 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 CrossingBridge Pre or CrossingBridge 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 CrossingBridge Pre'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 CrossingBridge delisted 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.
Predicted Return Density |
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What Drives a CrossingBridge Pre Price Volatility?
Several factors can influence a delisted 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 investor attention to the company. This positive attention may impact the company's stock price. In contrast, product recalls and data breaches may negatively influence a company's stock prices.CrossingBridge Pre Etf Risk Measures
Considering the 90-day investment horizon the coefficient of variation of CrossingBridge Pre is -5235.92. The daily returns are distributed with a variance of 1.28 and standard deviation of 1.13. The mean deviation of CrossingBridge Pre Merger SPAC is currently at 0.68. For similar time horizon, the selected benchmark (Dow Jones Industrial) has volatility of 0.81
α | Alpha over Dow Jones | -0.01 | |
β | Beta against Dow Jones | -0.03 | |
σ | Overall volatility | 1.13 | |
Ir | Information ratio | -0.07 |
CrossingBridge Pre Etf Return Volatility
CrossingBridge Pre historical daily return volatility represents how much of CrossingBridge Pre delisted etf's daily returns swing around its mean - it is a statistical measure of its dispersion of returns. The fund has volatility of 1.1324% on return distribution over 90 days investment horizon. By contrast, Dow Jones Industrial accepts 0.7615% volatility on return distribution over the 90 days horizon. Performance |
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Related Correlations Analysis
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
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CrossingBridge Pre Constituents Risk-Adjusted Indicators
There is a big difference between CrossingBridge Etf performing well and CrossingBridge Pre ETF 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 CrossingBridge Pre'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| LOGO | 0.65 | (0.16) | 0.00 | (0.14) | 0.00 | 0.91 | 3.85 | |||
| KQQQ | 0.80 | (0.20) | 0.00 | (0.24) | 0.00 | 1.34 | 5.86 | |||
| EGUS | 0.79 | (0.17) | 0.00 | (0.15) | 0.00 | 1.44 | 5.38 | |||
| JMID | 0.76 | (0.07) | 0.00 | (0.02) | 0.00 | 1.50 | 5.89 | |||
| YFYA | 0.12 | 0.00 | (0.24) | 0.10 | 0.00 | 0.30 | 0.91 | |||
| OASC | 0.77 | 0.05 | 0.05 | 0.11 | 0.80 | 2.02 | 4.41 | |||
| UXI | 1.50 | 0.24 | 0.15 | 0.18 | 1.68 | 3.26 | 7.80 | |||
| URAA | 5.28 | 0.21 | 0.05 | 0.13 | 6.39 | 11.56 | 32.16 | |||
| HFGM | 1.25 | 0.13 | 0.08 | 0.16 | 1.65 | 2.31 | 9.79 | |||
| HSMV | 0.50 | 0.08 | 0.08 | 0.23 | 0.33 | 1.34 | 2.51 |
About CrossingBridge Pre Volatility
Volatility is a rate at which the price of CrossingBridge Pre 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 CrossingBridge Pre may increase or decrease. In other words, similar to CrossingBridge's beta indicator, it measures the risk of CrossingBridge Pre and helps estimate the fluctuations that may happen in a short period of time. So if prices of CrossingBridge Pre 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 is an actively managed exchange-traded fund that under normal market conditions will invest at least 80 percent of its net assets, plus borrowings for investment purposes, in shares of common stock and units of Special Purpose Acquisitions Companies that have yet to consummate a shareholder-approved merger or business combination. Crossingbridge Pre-Merger is traded on NASDAQ Exchange in the United States.
CrossingBridge Pre'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 CrossingBridge Etf over a specified period of time, often expressed as the standard deviation of daily returns. In other words, it measures how much CrossingBridge Pre's price varies over time.
3 ways to utilize CrossingBridge Pre's volatility to invest better
Higher CrossingBridge Pre's etf volatility means that the price of its stock is changing rapidly and unpredictably, while lower stock volatility indicates that the price of CrossingBridge Pre 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. CrossingBridge Pre 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 CrossingBridge Pre investment. A higher volatility means higher risk and potentially larger changes in value.
- Identifying Opportunities: High volatility in CrossingBridge Pre'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 CrossingBridge Pre's etf relates to your other investments can help you create a well-diversified portfolio of assets with varying levels of risk.
CrossingBridge Pre Investment Opportunity
CrossingBridge Pre Merger SPAC has a volatility of 1.13 and is 1.49 times more volatile than Dow Jones Industrial. 10 percent of all equities and portfolios are less risky than CrossingBridge Pre. You can use CrossingBridge Pre Merger SPAC to protect your portfolios against small market fluctuations. The etf experiences a normal downward trend and little activity. Check odds of CrossingBridge Pre to be traded at $18.79 in 90 days.Very good diversification
The correlation between CrossingBridge Pre Merger SPAC and DJI is -0.29 (i.e., Very good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding CrossingBridge Pre Merger SPAC and DJI in the same portfolio, assuming nothing else is changed.
CrossingBridge Pre Additional Risk Indicators
The analysis of CrossingBridge Pre'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 CrossingBridge Pre's investment and either accepting that risk or mitigating it. Along with some common measures of CrossingBridge Pre 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) | |||
| Market Risk Adjusted Performance | 0.4705 | |||
| Mean Deviation | 0.557 | |||
| Coefficient Of Variation | (21,289) | |||
| Standard Deviation | 0.9982 | |||
| Variance | 0.9965 | |||
| Information Ratio | (0.07) |
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 delisted etfs with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.
CrossingBridge Pre 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 CrossingBridge Pre 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. CrossingBridge Pre'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, CrossingBridge Pre'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 CrossingBridge Pre Merger SPAC.
Check out World Market Map to better understand how to build diversified portfolios. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in employment. You can also try the FinTech Suite module to use AI to screen and filter profitable investment opportunities.
Other Consideration for investing in CrossingBridge Etf
If you are still planning to invest in CrossingBridge Pre check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the CrossingBridge Pre's history and understand the potential risks before investing.
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