Adtraction Group (Sweden) Volatility
We have found zero technical indicators for Adtraction Group AB, which you can use to evaluate the volatility of the firm.
Adtraction |
Adtraction Group 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 Adtraction daily returns, and it is calculated using variance and standard deviation. We also use Adtraction's beta, its sensitivity to the market, as well as its odds of financial distress to provide a more practical estimation of Adtraction Group volatility.
Adtraction Group Stock Volatility Analysis
Volatility refers to the frequency at which Adtraction Group stock price increases or decreases within a specified period. These fluctuations usually indicate the level of risk that's associated with Adtraction Group's price changes. Investors will then calculate the volatility of Adtraction Group'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 Adtraction Group's volatility:
Historical Volatility
This type of stock volatility measures Adtraction Group's fluctuations based on previous trends. It's commonly used to predict Adtraction Group'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 Adtraction Group'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 Adtraction Group's to be redeemed at a future date.Transformation |
We are not able to run technical analysis function on this symbol. We either do not have that equity or its historical data is not available at this time. Please try again later.
Adtraction Group Projected Return Density Against Market
Assuming the 90 days trading horizon Adtraction Group has a beta that is very close to zero . This suggests the returns on NYSE COMPOSITE and Adtraction Group do not appear to be related.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 Adtraction Group or Adtraction 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 Adtraction Group'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 Adtraction 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.
It does not look like Adtraction Group's alpha can have any bearing on the current valuation. Predicted Return Density |
Returns |
What Drives an Adtraction Group 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.Adtraction Group Stock Risk Measures
Assuming the 90 days trading horizon the coefficient of variation of Adtraction Group is 0.0. The daily returns are distributed with a variance of 0.0 and standard deviation of 0.0. The mean deviation of Adtraction Group AB is currently at 0.0. For similar time horizon, the selected benchmark (NYSE Composite) has volatility of 0.59
α | Alpha over NYSE Composite | 0.00 | |
β | Beta against NYSE Composite | 0.00 | |
σ | Overall volatility | 0.00 | |
Ir | Information ratio | 0.00 |
Adtraction Group Stock Return Volatility
Adtraction Group historical daily return volatility represents how much of Adtraction Group stock's daily returns swing around its mean - it is a statistical measure of its dispersion of returns. The firm accepts 0.0% volatility on return distribution over the 90 days horizon. By contrast, NYSE Composite accepts 0.5978% volatility on return distribution over the 90 days horizon. Performance |
Timeline |
Adtraction Group Investment Opportunity
NYSE Composite has a standard deviation of returns of 0.6 and is 9.223372036854776E16 times more volatile than Adtraction Group AB. 0 percent of all equities and portfolios are less risky than Adtraction Group. You can use Adtraction Group AB to enhance the returns of your portfolios. The stock experiences a large bullish trend. Check odds of Adtraction Group to be traded at 46.31 in 90 days.Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
Adtraction Group 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 Adtraction Group 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. Adtraction Group'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, Adtraction Group'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 Adtraction Group AB.
Check out Trending Equities to better understand how to build diversified portfolios. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors. You can also try the Theme Ratings module to determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance.
Complementary Tools for Adtraction Stock analysis
When running Adtraction Group's price analysis, check to measure Adtraction Group'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 Adtraction Group is operating at the current time. Most of Adtraction Group's value examination focuses on studying past and present price action to predict the probability of Adtraction Group's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Adtraction Group's price. Additionally, you may evaluate how the addition of Adtraction Group to your portfolios can decrease your overall portfolio volatility.
Equity Search Search for actively traded equities including funds and ETFs from over 30 global markets | |
Equity Analysis Research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities | |
Portfolio Analyzer Portfolio analysis module that provides access to portfolio diagnostics and optimization engine | |
Efficient Frontier Plot and analyze your portfolio and positions against risk-return landscape of the market. | |
Options Analysis Analyze and evaluate options and option chains as a potential hedge for your portfolios | |
Portfolio Holdings Check your current holdings and cash postion to detemine if your portfolio needs rebalancing | |
USA ETFs Find actively traded Exchange Traded Funds (ETF) in USA | |
Premium Stories Follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope | |
Investing Opportunities Build portfolios using our predefined set of ideas and optimize them against your investing preferences |