Cronos Immo (Switzerland) Volatility
| CIF Fund | 125.00 2.50 2.04% |
At this stage we consider Cronos Fund to be very steady. Cronos Immo Fund secures Sharpe Ratio (or Efficiency) of 0.19, which signifies that the fund had a 0.19% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Cronos Immo Fund, which you can use to evaluate the volatility of the entity. Please confirm Cronos Immo's Downside Deviation of 0.8995, risk adjusted performance of 0.1625, and Mean Deviation of 0.5217 to double-check if the risk estimate we provide is consistent with the expected return of 0.14%.
Cronos |
Cronos Immo 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 Cronos daily returns, and it is calculated using variance and standard deviation. We also use Cronos's beta, its sensitivity to the market, as well as its odds of financial distress to provide a more practical estimation of Cronos Immo volatility.
Downward market volatility can be a perfect environment for investors who play the long game with Cronos Immo. They may decide to buy additional shares of Cronos Immo at lower prices to lower the average cost per share, thereby improving their portfolio's performance when markets normalize.
Moving together with Cronos Fund
| 0.7 | 0P0001EDRM | CSIF III Eq | PairCorr |
| 0.64 | 0P0000YXR4 | CSIF III Equity | PairCorr |
| 0.86 | SREA | UBS Property | PairCorr |
| 0.89 | 0P0000KA0A | Synchrony Swiss Real | PairCorr |
Cronos Immo Market Sensitivity And Downside Risk
Cronos Immo's beta coefficient measures the volatility of Cronos 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 Cronos fund's returns against your selected market. In other words, Cronos Immo's beta of -0.0977 provides an investor with an approximation of how much risk Cronos Immo fund can potentially add to one of your existing portfolios. Cronos Immo Fund has low volatility with Treynor Ratio of -1.42, Maximum Drawdown of 3.39 and kurtosis of 1.65. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Cronos Immo's fund risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact Cronos Immo's 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 Cronos Immo Fund Demand TrendCheck current 90 days Cronos Immo correlation with market (Dow Jones Industrial)Cronos Beta |
Cronos 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 | 0.74 |
It is essential to understand the difference between upside risk (as represented by Cronos Immo's standard deviation) and the downside risk, which can be measured by semi-deviation or downside deviation of Cronos Immo's daily returns or price. Since the actual investment returns on holding a position in cronos 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 Cronos Immo.
Cronos Immo Fund Fund Volatility Analysis
Volatility refers to the frequency at which Cronos Immo fund price increases or decreases within a specified period. These fluctuations usually indicate the level of risk that's associated with Cronos Immo's price changes. Investors will then calculate the volatility of Cronos Immo's fund to predict their future moves. A fund that has erratic price changes quickly hits new highs, and lows are considered highly volatile. A 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 Cronos Immo's volatility:
Historical Volatility
This type of fund volatility measures Cronos Immo's fluctuations based on previous trends. It's commonly used to predict Cronos Immo's future behavior based on its past. However, it cannot conclusively determine the future direction of the fund.Implied Volatility
This type of volatility provides a positive outlook on future price fluctuations for Cronos Immo's 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 Cronos Immo'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. Cronos Immo Fund 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.
Cronos Immo Projected Return Density Against Market
Assuming the 90 days trading horizon Cronos Immo Fund has a beta of -0.0977 suggesting as returns on the benchmark increase, returns on holding Cronos Immo are expected to decrease at a much lower rate. During a bear market, however, Cronos Immo Fund 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 Cronos Immo or Cronos 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 Cronos Immo's price will be affected by overall 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 Cronos 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.
Cronos Immo Fund has an alpha of 0.1431, implying that it can generate a 0.14 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Predicted Return Density |
| Returns |
What Drives a Cronos Immo 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.Cronos Immo Fund Risk Measures
Assuming the 90 days trading horizon the coefficient of variation of Cronos Immo is 515.71. The daily returns are distributed with a variance of 0.55 and standard deviation of 0.74. The mean deviation of Cronos Immo Fund is currently at 0.54. For similar time horizon, the selected benchmark (Dow Jones Industrial) has volatility of 0.79
α | Alpha over Dow Jones | 0.14 | |
β | Beta against Dow Jones | -0.1 | |
σ | Overall volatility | 0.74 | |
Ir | Information ratio | 0.13 |
Cronos Immo Fund Return Volatility
Cronos Immo historical daily return volatility represents how much of Cronos Immo fund's daily returns swing around its mean - it is a statistical measure of its dispersion of returns. The fund assumes 0.7443% volatility of returns over the 90 days investment horizon. By contrast, Dow Jones Industrial accepts 0.8089% volatility on return distribution over the 90 days horizon. Performance |
| Timeline |
Cronos Immo Investment Opportunity
Dow Jones Industrial has a standard deviation of returns of 0.81 and is 1.09 times more volatile than Cronos Immo Fund. Compared to the overall equity markets, volatility of historical daily returns of Cronos Immo Fund is lower than 6 percent of all global equities and portfolios over the last 90 days. You can use Cronos Immo Fund to enhance the returns of your portfolios. The fund experiences an unexpected upward trend. Watch out for market signals. Check odds of Cronos Immo to be traded at 150.0 in 90 days.Good diversification
The correlation between Cronos Immo Fund and DJI is -0.11 (i.e., Good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Cronos Immo Fund and DJI in the same portfolio, assuming nothing else is changed.
Cronos Immo Additional Risk Indicators
The analysis of Cronos Immo'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 Cronos Immo's investment and either accepting that risk or mitigating it. Along with some common measures of Cronos Immo 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 | 0.1625 | |||
| Market Risk Adjusted Performance | (1.41) | |||
| Mean Deviation | 0.5217 | |||
| Semi Deviation | 0.3811 | |||
| Downside Deviation | 0.8995 | |||
| Coefficient Of Variation | 485.78 | |||
| Standard Deviation | 0.7233 |
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential funds, we recommend comparing similar funds with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.
Cronos Immo 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 Cronos Immo 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. Cronos Immo'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, Cronos Immo'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 Cronos Immo Fund.
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