Lokman Hekim (Turkey) Volatility
| LKMNH Stock | TRY 89.35 2.55 2.94% |
Lokman Hekim appears to be very steady, given 3 months investment horizon. Lokman Hekim Engurusag has Sharpe Ratio of 0.2, which conveys that the firm had a 0.2% return per unit of risk over the last 3 months. By analyzing Lokman Hekim's technical indicators, you can evaluate if the expected return of 0.75% is justified by implied risk. Please exercise Lokman Hekim's Downside Deviation of 4.26, risk adjusted performance of 0.1433, and Mean Deviation of 2.62 to check out if our risk estimates are consistent with your expectations. Key indicators related to Lokman Hekim's volatility include:
30 Days Market Risk | Chance Of Distress | 30 Days Economic Sensitivity |
Lokman Hekim 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 Lokman daily returns, and it is calculated using variance and standard deviation. We also use Lokman's beta, its sensitivity to the market, as well as its odds of financial distress to provide a more practical estimation of Lokman Hekim volatility.
Lokman |
Since volatility provides investors with entry points to take advantage of stock prices, companies, such as Lokman Hekim 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 Lokman Hekim at lower prices. For example, an investor can purchase Lokman 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 Lokman Hekim'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 Lokman Stock
| 0.73 | NETAS | Netas Telekomunikasyon | PairCorr |
| 0.88 | UZERB | Uzertas Boya Sanayi | PairCorr |
| 0.61 | MMCAS | MMC Sanayi ve | PairCorr |
Lokman Hekim Market Sensitivity And Downside Risk
Lokman Hekim's beta coefficient measures the volatility of Lokman 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 Lokman stock's returns against your selected market. In other words, Lokman Hekim's beta of -0.31 provides an investor with an approximation of how much risk Lokman Hekim stock can potentially add to one of your existing portfolios. Lokman Hekim Engurusag 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 Lokman Hekim'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 Lokman Hekim'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 Lokman Hekim Engurusag Demand TrendCheck current 90 days Lokman Hekim correlation with market (NYSE Composite)Lokman Beta |
Lokman 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 | 3.82 |
It is essential to understand the difference between upside risk (as represented by Lokman Hekim's standard deviation) and the downside risk, which can be measured by semi-deviation or downside deviation of Lokman Hekim's daily returns or price. Since the actual investment returns on holding a position in lokman 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 Lokman Hekim.
Lokman Hekim Engurusag Stock Volatility Analysis
Volatility refers to the frequency at which Lokman Hekim stock price increases or decreases within a specified period. These fluctuations usually indicate the level of risk that's associated with Lokman Hekim's price changes. Investors will then calculate the volatility of Lokman Hekim'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 Lokman Hekim's volatility:
Historical Volatility
This type of stock volatility measures Lokman Hekim's fluctuations based on previous trends. It's commonly used to predict Lokman Hekim'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 Lokman Hekim'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 Lokman Hekim'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. Lokman Hekim Engurusag 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.
Lokman Hekim Projected Return Density Against Market
Assuming the 90 days trading horizon Lokman Hekim Engurusag has a beta of -0.3101 . This indicates as returns on the benchmark increase, returns on holding Lokman Hekim are expected to decrease at a much lower rate. During a bear market, however, Lokman Hekim Engurusag 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 Lokman Hekim or Health Care Providers & Services 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 Lokman Hekim'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 Lokman 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.
Lokman Hekim Engurusag has an alpha of 0.8289, implying that it can generate a 0.83 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta). Predicted Return Density |
| Returns |
What Drives a Lokman Hekim 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.Lokman Hekim Stock Risk Measures
Assuming the 90 days trading horizon the coefficient of variation of Lokman Hekim is 508.89. The daily returns are distributed with a variance of 14.61 and standard deviation of 3.82. The mean deviation of Lokman Hekim Engurusag is currently at 2.67. For similar time horizon, the selected benchmark (NYSE Composite) has volatility of 0.62
α | Alpha over NYSE Composite | 0.83 | |
β | Beta against NYSE Composite | -0.31 | |
σ | Overall volatility | 3.82 | |
Ir | Information ratio | 0.20 |
Lokman Hekim Stock Return Volatility
Lokman Hekim historical daily return volatility represents how much of Lokman Hekim stock's daily returns swing around its mean - it is a statistical measure of its dispersion of returns. The firm accepts 3.8225% volatility on return distribution over the 90 days horizon. By contrast, NYSE Composite accepts 0.6258% volatility on return distribution over the 90 days horizon. Performance |
| Timeline |
About Lokman Hekim Volatility
Volatility is a rate at which the price of Lokman Hekim 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 Lokman Hekim may increase or decrease. In other words, similar to Lokman's beta indicator, it measures the risk of Lokman Hekim and helps estimate the fluctuations that may happen in a short period of time. So if prices of Lokman Hekim 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.Lokman Hekim Engrsag Saglik, Turizm, Egitim Hizmetleri ve Insaat Taahht A.S. owns and operates hospitals in Turkey. The company was founded in 1996 and is based in Ankara, Turkey. LOKMAN HEKIM is traded on Istanbul Stock Exchange in Turkey.
Lokman Hekim'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 Lokman Stock over a specified period of time, often expressed as the standard deviation of daily returns. In other words, it measures how much Lokman Hekim's price varies over time.
3 ways to utilize Lokman Hekim's volatility to invest better
Higher Lokman Hekim's stock volatility means that the price of its stock is changing rapidly and unpredictably, while lower stock volatility indicates that the price of Lokman Hekim Engurusag 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. Lokman Hekim Engurusag 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 Lokman Hekim Engurusag investment. A higher volatility means higher risk and potentially larger changes in value.
- Identifying Opportunities: High volatility in Lokman Hekim'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 Lokman Hekim's stock relates to your other investments can help you create a well-diversified portfolio of assets with varying levels of risk.
Lokman Hekim Investment Opportunity
Lokman Hekim Engurusag has a volatility of 3.82 and is 6.06 times more volatile than NYSE Composite. 33 percent of all equities and portfolios are less risky than Lokman Hekim. You can use Lokman Hekim Engurusag to enhance the returns of your portfolios. The stock experiences an unexpected upward trend. Watch out for market signals. Check odds of Lokman Hekim to be traded at 107.22 in 90 days.Good diversification
The correlation between Lokman Hekim Engurusag and NYA is -0.05 (i.e., Good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Lokman Hekim Engurusag and NYA in the same portfolio, assuming nothing else is changed.
Lokman Hekim Additional Risk Indicators
The analysis of Lokman Hekim'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 Lokman Hekim's investment and either accepting that risk or mitigating it. Along with some common measures of Lokman Hekim 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 | 0.1433 | |||
| Market Risk Adjusted Performance | (2.59) | |||
| Mean Deviation | 2.62 | |||
| Semi Deviation | 3.45 | |||
| Downside Deviation | 4.26 | |||
| Coefficient Of Variation | 457.27 | |||
| Standard Deviation | 3.73 |
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.
Lokman Hekim 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 Lokman Hekim 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. Lokman Hekim'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, Lokman Hekim'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 Lokman Hekim Engurusag.
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Lokman Hekim Engurusag. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in rate. Note that the Lokman Hekim Engurusag information on this page should be used as a complementary analysis to other Lokman Hekim's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Idea Analyzer module to analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas.
Complementary Tools for Lokman Stock analysis
When running Lokman Hekim's price analysis, check to measure Lokman Hekim'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 Lokman Hekim is operating at the current time. Most of Lokman Hekim's value examination focuses on studying past and present price action to predict the probability of Lokman Hekim's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Lokman Hekim's price. Additionally, you may evaluate how the addition of Lokman Hekim to your portfolios can decrease your overall portfolio volatility.
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