RONESANS GAYRIMENKUL (Turkey) Volatility
| RGYAS Stock | 120.90 1.20 0.98% |
RONESANS GAYRIMENKUL is very steady at the moment. RONESANS GAYRIMENKUL YAT maintains Sharpe Ratio (i.e., Efficiency) of 0.0657, which implies the firm had a 0.0657% return per unit of standard deviation over the last 3 months. We have found twenty-nine technical indicators for RONESANS GAYRIMENKUL YAT, which you can use to evaluate the volatility of the company. Please check RONESANS GAYRIMENKUL's Market Risk Adjusted Performance of 0.2079, semi deviation of 1.74, and Risk Adjusted Performance of 0.0639 to confirm if the risk estimate we provide is consistent with the expected return of 0.12%.
RONESANS |
RONESANS GAYRIMENKUL 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 RONESANS daily returns, and it is calculated using variance and standard deviation. We also use RONESANS's beta, its sensitivity to the market, as well as its odds of financial distress to provide a more practical estimation of RONESANS GAYRIMENKUL volatility.
Downward market volatility can be a perfect environment for investors who play the long game. Here, they may decide to buy additional stocks of RONESANS GAYRIMENKUL at lower prices. For example, an investor can purchase RONESANS stock that has halved in price over a short period. This will lower their average cost per share, thereby improving the overall portfolio performance when market normalizes.
Moving together with RONESANS Stock
| 0.67 | SASA | SASA Polyester Sanayi | PairCorr |
| 0.79 | THYAO | Turkish Airlines | PairCorr |
| 0.89 | KCHOL | Koc Holding AS | PairCorr |
| 0.71 | ENKAI | ENKA Insaat ve | PairCorr |
| 0.76 | EREGL | Eregli Demir ve Split | PairCorr |
| 0.81 | ASELS | Aselsan Elektronik Sanayi | PairCorr |
| 0.77 | GARAN | Turkiye Garanti Bankasi | PairCorr |
Moving against RONESANS Stock
RONESANS GAYRIMENKUL Market Sensitivity And Downside Risk
RONESANS GAYRIMENKUL's beta coefficient measures the volatility of RONESANS 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 RONESANS stock's returns against your selected market. In other words, RONESANS GAYRIMENKUL's beta of 0.62 provides an investor with an approximation of how much risk RONESANS GAYRIMENKUL stock can potentially add to one of your existing portfolios. RONESANS GAYRIMENKUL YAT has relatively low volatility with skewness of -0.24 and kurtosis of 0.64. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure RONESANS GAYRIMENKUL'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 RONESANS GAYRIMENKUL'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 RONESANS GAYRIMENKUL YAT Demand TrendCheck current 90 days RONESANS GAYRIMENKUL correlation with market (Dow Jones Industrial)RONESANS Beta |
RONESANS 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 | 1.81 |
It is essential to understand the difference between upside risk (as represented by RONESANS GAYRIMENKUL's standard deviation) and the downside risk, which can be measured by semi-deviation or downside deviation of RONESANS GAYRIMENKUL's daily returns or price. Since the actual investment returns on holding a position in ronesans 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 RONESANS GAYRIMENKUL.
RONESANS GAYRIMENKUL YAT Stock Volatility Analysis
Volatility refers to the frequency at which RONESANS GAYRIMENKUL stock price increases or decreases within a specified period. These fluctuations usually indicate the level of risk that's associated with RONESANS GAYRIMENKUL's price changes. Investors will then calculate the volatility of RONESANS GAYRIMENKUL'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 RONESANS GAYRIMENKUL's volatility:
Historical Volatility
This type of stock volatility measures RONESANS GAYRIMENKUL's fluctuations based on previous trends. It's commonly used to predict RONESANS GAYRIMENKUL'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 RONESANS GAYRIMENKUL'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 RONESANS GAYRIMENKUL'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. RONESANS GAYRIMENKUL YAT 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.
RONESANS GAYRIMENKUL Projected Return Density Against Market
Assuming the 90 days trading horizon RONESANS GAYRIMENKUL has a beta of 0.615 indicating as returns on the market go up, RONESANS GAYRIMENKUL average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding RONESANS GAYRIMENKUL YAT 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 RONESANS GAYRIMENKUL or RONESANS 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 RONESANS GAYRIMENKUL'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 RONESANS 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.
RONESANS GAYRIMENKUL YAT has an alpha of 0.1081, implying that it can generate a 0.11 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Predicted Return Density |
| Returns |
What Drives a RONESANS GAYRIMENKUL 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.RONESANS GAYRIMENKUL Stock Risk Measures
Assuming the 90 days trading horizon the coefficient of variation of RONESANS GAYRIMENKUL is 1521.4. The daily returns are distributed with a variance of 3.28 and standard deviation of 1.81. The mean deviation of RONESANS GAYRIMENKUL YAT is currently at 1.34. For similar time horizon, the selected benchmark (Dow Jones Industrial) has volatility of 0.79
α | Alpha over Dow Jones | 0.11 | |
β | Beta against Dow Jones | 0.61 | |
σ | Overall volatility | 1.81 | |
Ir | Information ratio | 0.06 |
RONESANS GAYRIMENKUL Stock Return Volatility
RONESANS GAYRIMENKUL historical daily return volatility represents how much of RONESANS GAYRIMENKUL stock's daily returns swing around its mean - it is a statistical measure of its dispersion of returns. The firm accepts 1.8113% volatility on return distribution over the 90 days horizon. By contrast, Dow Jones Industrial accepts 0.8043% volatility on return distribution over the 90 days horizon. Performance |
| Timeline |
RONESANS GAYRIMENKUL Investment Opportunity
RONESANS GAYRIMENKUL YAT has a volatility of 1.81 and is 2.26 times more volatile than Dow Jones Industrial. 16 percent of all equities and portfolios are less risky than RONESANS GAYRIMENKUL. You can use RONESANS GAYRIMENKUL YAT to protect your portfolios against small market fluctuations. The stock experiences a moderate downward daily trend and can be a good diversifier. Check odds of RONESANS GAYRIMENKUL to be traded at 118.48 in 90 days.Modest diversification
The correlation between RONESANS GAYRIMENKUL YAT and DJI is 0.27 (i.e., Modest diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding RONESANS GAYRIMENKUL YAT and DJI in the same portfolio, assuming nothing else is changed.
RONESANS GAYRIMENKUL Additional Risk Indicators
The analysis of RONESANS GAYRIMENKUL'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 RONESANS GAYRIMENKUL's investment and either accepting that risk or mitigating it. Along with some common measures of RONESANS GAYRIMENKUL 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 | 0.0639 | |||
| Market Risk Adjusted Performance | 0.2079 | |||
| Mean Deviation | 1.32 | |||
| Semi Deviation | 1.74 | |||
| Downside Deviation | 1.91 | |||
| Coefficient Of Variation | 1358.36 | |||
| Standard Deviation | 1.79 |
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.
RONESANS GAYRIMENKUL 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 RONESANS GAYRIMENKUL 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. RONESANS GAYRIMENKUL'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, RONESANS GAYRIMENKUL'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 RONESANS GAYRIMENKUL YAT.
Complementary Tools for RONESANS Stock analysis
When running RONESANS GAYRIMENKUL's price analysis, check to measure RONESANS GAYRIMENKUL'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 RONESANS GAYRIMENKUL is operating at the current time. Most of RONESANS GAYRIMENKUL's value examination focuses on studying past and present price action to predict the probability of RONESANS GAYRIMENKUL's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move RONESANS GAYRIMENKUL's price. Additionally, you may evaluate how the addition of RONESANS GAYRIMENKUL to your portfolios can decrease your overall portfolio volatility.
| Portfolio Suggestion Get suggestions outside of your existing asset allocation including your own model portfolios | |
| Portfolio Holdings Check your current holdings and cash postion to detemine if your portfolio needs rebalancing | |
| Pattern Recognition Use different Pattern Recognition models to time the market across multiple global exchanges | |
| Aroon Oscillator Analyze current equity momentum using Aroon Oscillator and other momentum ratios | |
| Portfolio Diagnostics Use generated alerts and portfolio events aggregator to diagnose current holdings | |
| Bonds Directory Find actively traded corporate debentures issued by US companies | |
| Economic Indicators Top statistical indicators that provide insights into how an economy is performing | |
| AI Portfolio Architect Use AI to generate optimal portfolios and find profitable investment opportunities | |
| Risk-Return Analysis View associations between returns expected from investment and the risk you assume |