Cibc Atlas All Fund Volatility
| AWGIX Fund | USD 44.84 0.09 0.20% |
At this stage we consider Cibc Mutual Fund to be very steady. Cibc Atlas All secures Sharpe Ratio (or Efficiency) of 0.13, which signifies that the fund had a 0.13% return per unit of standard deviation over the last 3 months. We have found twenty-seven technical indicators for Cibc Atlas All, which you can use to evaluate the volatility of the entity. Please confirm Cibc Atlas' risk adjusted performance of 0.077, and Mean Deviation of 0.8364 to double-check if the risk estimate we provide is consistent with the expected return of 0.14%. Key indicators related to Cibc Atlas' volatility include:
360 Days Market Risk | Chance Of Distress | 360 Days Economic Sensitivity |
Cibc Atlas Mutual Fund 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 Cibc daily returns, and it is calculated using variance and standard deviation. We also use Cibc's beta, its sensitivity to the market, as well as its odds of financial distress to provide a more practical estimation of Cibc Atlas volatility.
Cibc |
Downward market volatility can be a perfect environment for investors who play the long game with Cibc Atlas. They may decide to buy additional shares of Cibc Atlas at lower prices to lower the average cost per share, thereby improving their portfolio's performance when markets normalize.
Moving together with Cibc Mutual Fund
| 0.94 | AWEIX | Invesco Disciplined | PairCorr |
| 0.84 | AWIIX | At Income Opportunities | PairCorr |
| 0.93 | AWMIX | At Mid Cap | PairCorr |
| 0.91 | AWYIX | At Equity Income | PairCorr |
| 0.96 | FAFGX | American Funds | PairCorr |
| 0.96 | FFAFX | American Funds | PairCorr |
| 0.96 | GFACX | Growth Fund | PairCorr |
Cibc Atlas Market Sensitivity And Downside Risk
Cibc Atlas' beta coefficient measures the volatility of Cibc mutual fund 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 Cibc mutual fund's returns against your selected market. In other words, Cibc Atlas's beta of 1.18 provides an investor with an approximation of how much risk Cibc Atlas mutual fund can potentially add to one of your existing portfolios. Cibc Atlas All has relatively low volatility with skewness of -0.4 and kurtosis of 1.92. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Cibc Atlas' mutual fund risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact Cibc Atlas' mutual fund 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 Cibc Atlas All Demand TrendCheck current 90 days Cibc Atlas correlation with market (Dow Jones Industrial)Cibc Beta |
Cibc 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 | 1.08 |
It is essential to understand the difference between upside risk (as represented by Cibc Atlas's standard deviation) and the downside risk, which can be measured by semi-deviation or downside deviation of Cibc Atlas' daily returns or price. Since the actual investment returns on holding a position in cibc mutual fund 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 Cibc Atlas.
Cibc Atlas All Mutual Fund Volatility Analysis
Volatility refers to the frequency at which Cibc Atlas fund price increases or decreases within a specified period. These fluctuations usually indicate the level of risk that's associated with Cibc Atlas' price changes. Investors will then calculate the volatility of Cibc Atlas' mutual fund to predict their future moves. A fund that has erratic price changes quickly hits new highs, and lows are considered highly volatile. A mutual fund with relatively stable price changes has low volatility. A highly volatile fund 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 Cibc Atlas' volatility:
Historical Volatility
This type of fund volatility measures Cibc Atlas' fluctuations based on previous trends. It's commonly used to predict Cibc Atlas' future behavior based on its past. However, it cannot conclusively determine the future direction of the mutual fund.Implied Volatility
This type of volatility provides a positive outlook on future price fluctuations for Cibc Atlas' current market price. This means that the fund will return to its initially predicted market price. This type of volatility can be derived from derivative instruments written on Cibc Atlas' 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. Cibc Atlas All 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.
Cibc Atlas Projected Return Density Against Market
Assuming the 90 days horizon the mutual fund has the beta coefficient of 1.1806 . This suggests as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Cibc Atlas 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 Cibc Atlas or CIBC Private Wealth Management 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 Cibc Atlas' price will be affected by overall mutual fund 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 Cibc fund'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.
Cibc Atlas All 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 Cibc Atlas Price Volatility?
Several factors can influence a fund'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.Cibc Atlas Mutual Fund Risk Measures
Assuming the 90 days horizon the coefficient of variation of Cibc Atlas is 757.47. The daily returns are distributed with a variance of 1.17 and standard deviation of 1.08. The mean deviation of Cibc Atlas All is currently at 0.79. For similar time horizon, the selected benchmark (Dow Jones Industrial) has volatility of 0.76
α | Alpha over Dow Jones | -0.05 | |
β | Beta against Dow Jones | 1.18 | |
σ | Overall volatility | 1.08 | |
Ir | Information ratio | -0.02 |
Cibc Atlas Mutual Fund Return Volatility
Cibc Atlas historical daily return volatility represents how much of Cibc Atlas fund's daily returns swing around its mean - it is a statistical measure of its dispersion of returns. The fund shows 1.0807% volatility of returns over 90 . By contrast, Dow Jones Industrial accepts 0.7462% volatility on return distribution over the 90 days horizon. Performance |
| Timeline |
About Cibc Atlas Volatility
Volatility is a rate at which the price of Cibc Atlas 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 Cibc Atlas may increase or decrease. In other words, similar to Cibc's beta indicator, it measures the risk of Cibc Atlas and helps estimate the fluctuations that may happen in a short period of time. So if prices of Cibc Atlas 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 seeks to achieve its investment objective by investing primarily in common stocks of U.S. companies without regard to market capitalizations. The funds investment strategy focuses on identifying stocks within multiple industry groups. It may invest up to 100 percent of its net assets in common stocks, and may also invest in preferred stocks, of U.S. companies. Additionally, the fund may invest up to 30 percent of its net assets in securities of foreign issuers. The fund may invest up to 25 percent of its net assets in securities of foreign issuers located in emerging markets.
Cibc Atlas' 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 Cibc Mutual Fund over a specified period of time, often expressed as the standard deviation of daily returns. In other words, it measures how much Cibc Atlas' price varies over time.
3 ways to utilize Cibc Atlas' volatility to invest better
Higher Cibc Atlas' fund volatility means that the price of its stock is changing rapidly and unpredictably, while lower stock volatility indicates that the price of Cibc Atlas All fund 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. Cibc Atlas All fund 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 Cibc Atlas All investment. A higher volatility means higher risk and potentially larger changes in value.
- Identifying Opportunities: High volatility in Cibc Atlas' fund 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 Cibc Atlas' fund relates to your other investments can help you create a well-diversified portfolio of assets with varying levels of risk.
Cibc Atlas Investment Opportunity
Cibc Atlas All has a volatility of 1.08 and is 1.44 times more volatile than Dow Jones Industrial. 9 percent of all equities and portfolios are less risky than Cibc Atlas. You can use Cibc Atlas All to protect your portfolios against small market fluctuations. The mutual fund experiences a normal downward trend and little activity. Check odds of Cibc Atlas to be traded at $44.39 in 90 days.Poor diversification
The correlation between Cibc Atlas All and DJI is 0.77 (i.e., Poor diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Cibc Atlas All and DJI in the same portfolio, assuming nothing else is changed.
Cibc Atlas Additional Risk Indicators
The analysis of Cibc Atlas' 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 Cibc Atlas' investment and either accepting that risk or mitigating it. Along with some common measures of Cibc Atlas mutual fund'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 | 0.077 | |||
| Market Risk Adjusted Performance | 0.0966 | |||
| Mean Deviation | 0.8364 | |||
| Semi Deviation | 1.13 | |||
| Downside Deviation | 1.31 | |||
| Coefficient Of Variation | 1038.7 | |||
| Standard Deviation | 1.17 |
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential mutual funds, we recommend comparing similar funds with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.
Cibc Atlas 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 Cibc Atlas 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. Cibc Atlas' 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, Cibc Atlas' 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 Cibc Atlas All.
Other Information on Investing in Cibc Mutual Fund
Cibc Atlas financial ratios help investors to determine whether Cibc Mutual Fund is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Cibc with respect to the benefits of owning Cibc Atlas security.
| Global Markets Map Get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes | |
| Volatility Analysis Get historical volatility and risk analysis based on latest market data | |
| Top Crypto Exchanges Search and analyze digital assets across top global cryptocurrency exchanges | |
| Share Portfolio Track or share privately all of your investments from the convenience of any device |