Kollect On (Sweden) Volatility
| KOLL Stock | SEK 2.66 0.06 2.31% |
Kollect On appears to be unstable, given 3 months investment horizon. Kollect on Demand has Sharpe Ratio of 0.0856, which conveys that the firm had a 0.0856% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Kollect On, which you can use to evaluate the volatility of the firm. Please exercise Kollect On's Downside Deviation of 3.41, mean deviation of 2.22, and Risk Adjusted Performance of 0.0753 to check out if our risk estimates are consistent with your expectations. Key indicators related to Kollect On's volatility include:
60 Days Market Risk | Chance Of Distress | 60 Days Economic Sensitivity |
Kollect On 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 Kollect daily returns, and it is calculated using variance and standard deviation. We also use Kollect's beta, its sensitivity to the market, as well as its odds of financial distress to provide a more practical estimation of Kollect On volatility.
Kollect |
Since volatility provides investors with entry points to take advantage of stock prices, companies, such as Kollect On 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 Kollect On at lower prices. For example, an investor can purchase Kollect 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 Kollect On'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 against Kollect Stock
| 0.67 | ATCO-A | Atlas Copco AB | PairCorr |
| 0.65 | ATCO-B | Atlas Copco AB | PairCorr |
| 0.52 | AXOLOT | Axolot Solutions Holding | PairCorr |
| 0.51 | SES | Scandinavian Enviro | PairCorr |
| 0.4 | INVE-A | Investor AB ser | PairCorr |
| 0.38 | INVE-B | Investor AB ser | PairCorr |
| 0.34 | SAXG | Saxlund Group AB Split | PairCorr |
| 0.33 | HEXA-B | Hexagon AB | PairCorr |
Kollect On Market Sensitivity And Downside Risk
Kollect On's beta coefficient measures the volatility of Kollect 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 Kollect stock's returns against your selected market. In other words, Kollect On's beta of 0.51 provides an investor with an approximation of how much risk Kollect On stock can potentially add to one of your existing portfolios. Kollect on Demand 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 Kollect On'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 Kollect On'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 Kollect on Demand Demand TrendCheck current 90 days Kollect On correlation with market (Dow Jones Industrial)Kollect Beta |
Kollect 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 | 3.14 |
It is essential to understand the difference between upside risk (as represented by Kollect On's standard deviation) and the downside risk, which can be measured by semi-deviation or downside deviation of Kollect On's daily returns or price. Since the actual investment returns on holding a position in kollect 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 Kollect On.
Kollect on Demand Stock Volatility Analysis
Volatility refers to the frequency at which Kollect On stock price increases or decreases within a specified period. These fluctuations usually indicate the level of risk that's associated with Kollect On's price changes. Investors will then calculate the volatility of Kollect On'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 Kollect On's volatility:
Historical Volatility
This type of stock volatility measures Kollect On's fluctuations based on previous trends. It's commonly used to predict Kollect On'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 Kollect On'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 Kollect On'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. Kollect on Demand 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.
Kollect On Projected Return Density Against Market
Assuming the 90 days trading horizon Kollect On has a beta of 0.5105 . This indicates as returns on the market go up, Kollect On average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Kollect on Demand will be expected to be much smaller as well.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 Kollect On or Industrials 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 Kollect On'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 Kollect 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.
Kollect on Demand has an alpha of 0.2476, implying that it can generate a 0.25 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Predicted Return Density |
| Returns |
What Drives a Kollect On 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.Kollect On Stock Risk Measures
Assuming the 90 days trading horizon the coefficient of variation of Kollect On is 1168.91. The daily returns are distributed with a variance of 9.88 and standard deviation of 3.14. The mean deviation of Kollect on Demand is currently at 2.22. For similar time horizon, the selected benchmark (Dow Jones Industrial) has volatility of 0.79
α | Alpha over Dow Jones | 0.25 | |
β | Beta against Dow Jones | 0.51 | |
σ | Overall volatility | 3.14 | |
Ir | Information ratio | 0.08 |
Kollect On Stock Return Volatility
Kollect On historical daily return volatility represents how much of Kollect On stock's daily returns swing around its mean - it is a statistical measure of its dispersion of returns. The firm accepts 3.1436% volatility on return distribution over the 90 days horizon. By contrast, Dow Jones Industrial accepts 0.7982% volatility on return distribution over the 90 days horizon. Performance |
| Timeline |
About Kollect On Volatility
Volatility is a rate at which the price of Kollect On 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 Kollect On may increase or decrease. In other words, similar to Kollect's beta indicator, it measures the risk of Kollect On and helps estimate the fluctuations that may happen in a short period of time. So if prices of Kollect On 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.Kollect on Demand Holding AB offers waste disposal services in Ireland and the United Kingdom. Kollect on Demand Holding AB was incorporated in 2015 and is headquartered in Waterford, Ireland. Kollect On operates under Waste Management classification in Sweden and is traded on Stockholm Stock Exchange. It employs 42 people.
Kollect On'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 Kollect Stock over a specified period of time, often expressed as the standard deviation of daily returns. In other words, it measures how much Kollect On's price varies over time.
3 ways to utilize Kollect On's volatility to invest better
Higher Kollect On's stock volatility means that the price of its stock is changing rapidly and unpredictably, while lower stock volatility indicates that the price of Kollect on Demand 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. Kollect on Demand 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 Kollect on Demand investment. A higher volatility means higher risk and potentially larger changes in value.
- Identifying Opportunities: High volatility in Kollect On'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 Kollect On's stock relates to your other investments can help you create a well-diversified portfolio of assets with varying levels of risk.
Kollect On Investment Opportunity
Kollect on Demand has a volatility of 3.14 and is 3.93 times more volatile than Dow Jones Industrial. 27 percent of all equities and portfolios are less risky than Kollect On. You can use Kollect on Demand to enhance the returns of your portfolios. The stock experiences an unexpected upward trend. Watch out for market signals. Check odds of Kollect On to be traded at kr3.19 in 90 days.Average diversification
The correlation between Kollect on Demand and DJI is 0.13 (i.e., Average diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Kollect on Demand and DJI in the same portfolio, assuming nothing else is changed.
Kollect On Additional Risk Indicators
The analysis of Kollect On'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 Kollect On's investment and either accepting that risk or mitigating it. Along with some common measures of Kollect On 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 | 0.0753 | |||
| Market Risk Adjusted Performance | 0.5172 | |||
| Mean Deviation | 2.22 | |||
| Semi Deviation | 2.44 | |||
| Downside Deviation | 3.41 | |||
| Coefficient Of Variation | 1168.89 | |||
| Standard Deviation | 3.14 |
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.
Kollect On 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 Kollect On 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. Kollect On'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, Kollect On'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 Kollect on Demand.
Additional Tools for Kollect Stock Analysis
When running Kollect On's price analysis, check to measure Kollect On'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 Kollect On is operating at the current time. Most of Kollect On's value examination focuses on studying past and present price action to predict the probability of Kollect On's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Kollect On's price. Additionally, you may evaluate how the addition of Kollect On to your portfolios can decrease your overall portfolio volatility.