VERA KONSEPT (Turkey) Volatility
| VRGYO Stock | 2.60 0.03 1.14% |
VERA KONSEPT GMYO owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.12, which indicates the firm had a -0.12% return per unit of standard deviation over the last 3 months. VERA KONSEPT GMYO exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate VERA KONSEPT's risk adjusted performance of (0.06), and Variance of 6.36 to confirm the risk estimate we provide.
VERA |
VERA KONSEPT 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 VERA daily returns, and it is calculated using variance and standard deviation. We also use VERA's beta, its sensitivity to the market, as well as its odds of financial distress to provide a more practical estimation of VERA KONSEPT volatility.
Downward market volatility can be a perfect environment for investors who play the long game. Here, they may decide to buy additional stocks of VERA KONSEPT at lower prices. For example, an investor can purchase VERA stock that has halved in price over a short period. This will lower their average cost per share, thereby improving the overall portfolio performance when market normalizes.
Moving against VERA Stock
| 0.76 | FROTO | Ford Otomotiv Sanayi | PairCorr |
| 0.69 | ASELS | Aselsan Elektronik Sanayi | PairCorr |
| 0.46 | ENKAI | ENKA Insaat ve | PairCorr |
VERA KONSEPT Market Sensitivity And Downside Risk
VERA KONSEPT's beta coefficient measures the volatility of VERA 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 VERA stock's returns against your selected market. In other words, VERA KONSEPT's beta of -0.68 provides an investor with an approximation of how much risk VERA KONSEPT stock can potentially add to one of your existing portfolios. VERA KONSEPT GMYO exhibits very low volatility with skewness of -0.65 and kurtosis of 0.58. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure VERA KONSEPT'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 VERA KONSEPT'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 VERA KONSEPT GMYO Demand TrendCheck current 90 days VERA KONSEPT correlation with market (Dow Jones Industrial)VERA Beta |
VERA 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 | 2.37 |
It is essential to understand the difference between upside risk (as represented by VERA KONSEPT's standard deviation) and the downside risk, which can be measured by semi-deviation or downside deviation of VERA KONSEPT's daily returns or price. Since the actual investment returns on holding a position in vera 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 VERA KONSEPT.
VERA KONSEPT GMYO Stock Volatility Analysis
Volatility refers to the frequency at which VERA KONSEPT stock price increases or decreases within a specified period. These fluctuations usually indicate the level of risk that's associated with VERA KONSEPT's price changes. Investors will then calculate the volatility of VERA KONSEPT'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 VERA KONSEPT's volatility:
Historical Volatility
This type of stock volatility measures VERA KONSEPT's fluctuations based on previous trends. It's commonly used to predict VERA KONSEPT'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 VERA KONSEPT'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 VERA KONSEPT'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. VERA KONSEPT GMYO 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.
VERA KONSEPT Projected Return Density Against Market
Assuming the 90 days trading horizon VERA KONSEPT GMYO has a beta of -0.6795 . This entails as returns on the benchmark increase, returns on holding VERA KONSEPT are expected to decrease at a much lower rate. During a bear market, however, VERA KONSEPT GMYO 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 VERA KONSEPT or VERA 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 VERA KONSEPT'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 VERA 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.
VERA KONSEPT GMYO 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 VERA KONSEPT 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.VERA KONSEPT Stock Risk Measures
Assuming the 90 days trading horizon the coefficient of variation of VERA KONSEPT is -851.28. The daily returns are distributed with a variance of 5.62 and standard deviation of 2.37. The mean deviation of VERA KONSEPT GMYO is currently at 1.81. For similar time horizon, the selected benchmark (Dow Jones Industrial) has volatility of 0.77
α | Alpha over Dow Jones | -0.16 | |
β | Beta against Dow Jones | -0.68 | |
σ | Overall volatility | 2.37 | |
Ir | Information ratio | -0.14 |
VERA KONSEPT Stock Return Volatility
VERA KONSEPT historical daily return volatility represents how much of VERA KONSEPT stock's daily returns swing around its mean - it is a statistical measure of its dispersion of returns. The firm accepts 2.3705% volatility on return distribution over the 90 days horizon. By contrast, Dow Jones Industrial accepts 0.7717% volatility on return distribution over the 90 days horizon. Performance |
| Timeline |
VERA KONSEPT Investment Opportunity
VERA KONSEPT GMYO has a volatility of 2.37 and is 3.08 times more volatile than Dow Jones Industrial. 21 percent of all equities and portfolios are less risky than VERA KONSEPT. You can use VERA KONSEPT GMYO 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 VERA KONSEPT to be traded at 2.52 in 90 days.Very good diversification
The correlation between VERA KONSEPT GMYO and DJI is -0.21 (i.e., Very good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding VERA KONSEPT GMYO and DJI in the same portfolio, assuming nothing else is changed.
VERA KONSEPT Additional Risk Indicators
The analysis of VERA KONSEPT'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 VERA KONSEPT's investment and either accepting that risk or mitigating it. Along with some common measures of VERA KONSEPT 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 | (0.06) | |||
| Market Risk Adjusted Performance | 0.3672 | |||
| Mean Deviation | 1.96 | |||
| Coefficient Of Variation | (1,084) | |||
| Standard Deviation | 2.52 | |||
| Variance | 6.36 | |||
| Information Ratio | (0.14) |
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.
VERA KONSEPT 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 VERA KONSEPT 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. VERA KONSEPT'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, VERA KONSEPT'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 VERA KONSEPT GMYO.
Complementary Tools for VERA Stock analysis
When running VERA KONSEPT's price analysis, check to measure VERA KONSEPT'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 VERA KONSEPT is operating at the current time. Most of VERA KONSEPT's value examination focuses on studying past and present price action to predict the probability of VERA KONSEPT's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move VERA KONSEPT's price. Additionally, you may evaluate how the addition of VERA KONSEPT to your portfolios can decrease your overall portfolio volatility.
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