Jamf Holding Etf Volatility
| JAMF Etf | USD 19.51 0.04 0.20% |
We consider Jamf Holding very steady. Jamf Holding holds Efficiency (Sharpe) Ratio of 0.0472, which attests that the entity had a 0.0472% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Jamf Holding, which you can use to evaluate the volatility of the entity. Please check out Jamf Holding's Downside Deviation of 3.12, market risk adjusted performance of 0.013, and Risk Adjusted Performance of 0.0113 to validate if the risk estimate we provide is consistent with the expected return of 0.11%. Key indicators related to Jamf Holding's volatility include:
30 Days Market Risk | Chance Of Distress | 30 Days Economic Sensitivity |
Jamf Holding 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 Jamf daily returns, and it is calculated using variance and standard deviation. We also use Jamf's beta, its sensitivity to the market, as well as its odds of financial distress to provide a more practical estimation of Jamf Holding volatility.
Jamf |
Since volatility provides investors with entry points to take advantage of stock prices, companies, such as Jamf Holding can benefit from it. Downward market volatility can be a perfect environment for investors who play the long game. Here, they may decide to buy additional stocks of Jamf Holding at lower prices. For example, an investor can purchase Jamf stock that has halved in price over a short period. This will lower your average cost per share, thereby improving your portfolio's performance when the markets normalize. Similarly, when the prices of Jamf Holding's stock rises, investors can sell out and invest the proceeds in other equities with better opportunities. Investing when markets are volatile with better valuations will accord both investors and companies the opportunity to generate better long-term returns.
Moving together with Jamf Etf
| 0.65 | U | Unity Software Aggressive Push | PairCorr |
| 0.71 | DV | DoubleVerify Holdings Financial Report 8th of May 2024 | PairCorr |
| 0.79 | EB | Eventbrite Class A Financial Report 14th of May 2024 | PairCorr |
Moving against Jamf Etf
| 0.72 | VERX | Vertex Financial Report 8th of May 2024 | PairCorr |
| 0.66 | DUOL | Duolingo Financial Report 14th of May 2024 | PairCorr |
| 0.63 | DJCO | Daily Journal Corp | PairCorr |
| 0.56 | BL | Blackline Financial Report 2nd of May 2024 | PairCorr |
| 0.55 | ML | MoneyLion Downward Rally | PairCorr |
| 0.54 | DPSI | DecisionPoint Systems Financial Report 20th of May 2024 | PairCorr |
| 0.45 | VERB | VERB TECHNOLOGY PANY | PairCorr |
| 0.44 | VMEO | Vimeo Inc Financial Report 1st of May 2024 | PairCorr |
Jamf Holding Market Sensitivity And Downside Risk
Jamf Holding's beta coefficient measures the volatility of Jamf 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 Jamf etf's returns against your selected market. In other words, Jamf Holding's beta of 1.73 provides an investor with an approximation of how much risk Jamf Holding etf can potentially add to one of your existing portfolios. Jamf Holding shows above-average downside volatility for the selected time horizon. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Jamf Holding'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 Jamf Holding'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.
3 Months Beta |Analyze Jamf Holding Demand TrendCheck current 90 days Jamf Holding correlation with market (NYSE Composite)Jamf Beta |
Jamf 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 | 2.31 |
It is essential to understand the difference between upside risk (as represented by Jamf Holding's standard deviation) and the downside risk, which can be measured by semi-deviation or downside deviation of Jamf Holding's daily returns or price. Since the actual investment returns on holding a position in jamf etf 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 Jamf Holding.
Using Jamf Put Option to Manage Risk
Put options written on Jamf Holding grant holders of the option the right to sell a specified amount of Jamf Holding 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 Jamf Etf cannot fall below zero, the put buyer does gain as the price drops. So, one way investors can hedge Jamf Holding'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 Jamf Holding will be realized, the loss incurred will be offset by the profits made with the option trade.
Jamf Holding's PUT expiring on 2024-05-17
Profit |
| Jamf Holding Price At Expiration |
Current Jamf Holding Insurance Chain
| Delta | Gamma | Open Int | Expiration | Current Spread | Last Price | |||
Put | 2024-05-17 PUT at $20.0 | -0.5728 | 0.2041 | 110 | 2024-05-17 | 0.85 - 1.2 | 1.3 | View |
Put | 2024-05-17 PUT at $17.5 | -0.248 | 0.0859 | 350 | 2024-05-17 | 0.1 - 1.1 | 0.27 | View |
Jamf Holding Etf Volatility Analysis
Volatility refers to the frequency at which Jamf Holding etf price increases or decreases within a specified period. These fluctuations usually indicate the level of risk that's associated with Jamf Holding's price changes. Investors will then calculate the volatility of Jamf Holding's etf to predict their future moves. A 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 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 Jamf Holding's volatility:
Historical Volatility
This type of etf volatility measures Jamf Holding's fluctuations based on previous trends. It's commonly used to predict Jamf Holding'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 Jamf Holding's current market price. This means that the etf will return to its initially predicted market price. This type of volatility can be derived from derivative instruments written on Jamf Holding'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. Jamf Holding 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.
Jamf Holding Projected Return Density Against Market
Given the investment horizon of 90 days the etf has the beta coefficient of 1.7293 . This indicates as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Jamf Holding will likely underperform.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 Jamf Holding or Software 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 Jamf Holding'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 Jamf 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.
Jamf Holding has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite. Predicted Return Density |
| Returns |
What Drives a Jamf Holding Price Volatility?
Several factors can influence a 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 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.Jamf Holding Etf Risk Measures
Given the investment horizon of 90 days the coefficient of variation of Jamf Holding is 2118.64. The daily returns are distributed with a variance of 5.35 and standard deviation of 2.31. The mean deviation of Jamf Holding is currently at 1.64. For similar time horizon, the selected benchmark (NYSE Composite) has volatility of 0.62
α | Alpha over NYSE Composite | -0.13 | |
β | Beta against NYSE Composite | 1.73 | |
σ | Overall volatility | 2.31 | |
Ir | Information ratio | -0.03 |
Jamf Holding Etf Return Volatility
Jamf Holding historical daily return volatility represents how much of Jamf Holding etf's daily returns swing around its mean - it is a statistical measure of its dispersion of returns. The Exchange Traded Fund inherits 2.3126% risk (volatility on return distribution) over the 90 days horizon. By contrast, NYSE Composite accepts 0.6193% volatility on return distribution over the 90 days horizon. Performance |
| Timeline |
About Jamf Holding Volatility
Volatility is a rate at which the price of Jamf Holding 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 Jamf Holding may increase or decrease. In other words, similar to Jamf's beta indicator, it measures the risk of Jamf Holding and helps estimate the fluctuations that may happen in a short period of time. So if prices of Jamf Holding 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.Jamf Holding Corp. offers a cloud software platform for Apple infrastructure and security platform worldwide. Jamf Holding is listed under SoftwareApplication in the United States and is traded on NASDAQ Exchange exchange.
Jamf Holding'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 Jamf Etf over a specified period of time, often expressed as the standard deviation of daily returns. In other words, it measures how much Jamf Holding's price varies over time.
3 ways to utilize Jamf Holding's volatility to invest better
Higher Jamf Holding's etf volatility means that the price of its stock is changing rapidly and unpredictably, while lower stock volatility indicates that the price of Jamf Holding 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. Jamf Holding 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 Jamf Holding investment. A higher volatility means higher risk and potentially larger changes in value.
- Identifying Opportunities: High volatility in Jamf Holding'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 Jamf Holding's etf relates to your other investments can help you create a well-diversified portfolio of assets with varying levels of risk.
Jamf Holding Investment Opportunity
Jamf Holding has a volatility of 2.31 and is 3.73 times more volatile than NYSE Composite. Compared to the overall equity markets, volatility of historical daily returns of Jamf Holding is lower than 20 percent of all global equities and portfolios over the last 90 days. You can use Jamf Holding to protect your portfolios against small market fluctuations. The etf experiences a normal downward trend and little activity. Check odds of Jamf Holding to be traded at $19.31 in 90 days.Very weak diversification
The correlation between Jamf Holding and NYA is 0.44 (i.e., Very weak diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Jamf Holding and NYA in the same portfolio, assuming nothing else is changed.
Jamf Holding Additional Risk Indicators
The analysis of Jamf Holding'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 Jamf Holding's investment and either accepting that risk or mitigating it. Along with some common measures of Jamf Holding 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 | 0.0113 | |||
| Market Risk Adjusted Performance | 0.013 | |||
| Mean Deviation | 1.78 | |||
| Semi Deviation | 3.05 | |||
| Downside Deviation | 3.12 | |||
| Coefficient Of Variation | 16028.71 | |||
| Standard Deviation | 2.44 |
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 etfs with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.
Jamf Holding 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.
| Citigroup vs. Jamf Holding | ||
| GM vs. Jamf Holding | ||
| Ford vs. Jamf Holding | ||
| SentinelOne vs. Jamf Holding | ||
| Bank of America vs. Jamf Holding | ||
| Alphabet vs. Jamf Holding | ||
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 Jamf Holding 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. Jamf Holding'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, Jamf Holding'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 Jamf Holding.
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Jamf Holding. Also, note that the market value of any etf could be tightly coupled with the direction of predictive economic indicators such as signals in population. For more detail on how to invest in Jamf Etf please use our How to Invest in Jamf Holding guide.You can also try the Top Crypto Exchanges module to search and analyze digital assets across top global cryptocurrency exchanges.
The market value of Jamf Holding is measured differently than its book value, which is the value of Jamf that is recorded on the company's balance sheet. Investors also form their own opinion of Jamf Holding's value that differs from its market value or its book value, called intrinsic value, which is Jamf Holding's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Jamf Holding's market value can be influenced by many factors that don't directly affect Jamf Holding's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Jamf Holding's value and its price as these two are different measures arrived at by different means. Investors typically determine if Jamf Holding is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Jamf Holding's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.