SUN ART (Germany) Volatility

SRI Stock  EUR 0.31  0.01  3.33%   
SUN ART is out of control given 3 months investment horizon. SUN ART RETAIL owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.17, which indicates the firm had a 0.17% return per unit of standard deviation over the last 3 months. We were able to collect and analyze data for twenty-seven different technical indicators, which can help you to evaluate if expected returns of 2.64% are justified by taking the suggested risk. Use SUN ART RETAIL risk adjusted performance of 0.1543, and Coefficient Of Variation of 550.21 to evaluate company specific risk that cannot be diversified away. Key indicators related to SUN ART's volatility include:
720 Days Market Risk
Chance Of Distress
720 Days Economic Sensitivity
SUN ART 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 SUN daily returns, and it is calculated using variance and standard deviation. We also use SUN's beta, its sensitivity to the market, as well as its odds of financial distress to provide a more practical estimation of SUN ART volatility.
  
Since volatility provides investors with entry points to take advantage of stock prices, companies, such as SUN ART can benefit from it. Downward market volatility can be a perfect environment for investors who play the long game as hey may decide to buy additional stocks of SUN ART at lower prices to lower their average cost per share. Similarly, when the prices of SUN ART's stock rise, investors can sell out and invest the proceeds in other equities with better opportunities.

Moving together with SUN Stock

  0.7APC Apple IncPairCorr
  0.69APC Apple IncPairCorr
  0.7APC Apple IncPairCorr
  0.72APC Apple IncPairCorr

Moving against SUN Stock

  0.66EII EisaiPairCorr

SUN ART Market Sensitivity And Downside Risk

SUN ART's beta coefficient measures the volatility of SUN 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 SUN stock's returns against your selected market. In other words, SUN ART's beta of 0.44 provides an investor with an approximation of how much risk SUN ART stock can potentially add to one of your existing portfolios. SUN ART RETAIL is displaying above-average volatility over the selected time horizon. SUN ART RETAIL is a potential penny stock. Although SUN ART may be in fact a good instrument to invest, many penny stocks are speculative in nature and are subject to artificial price hype. Please make sure you totally understand the upside potential and downside risk of investing in SUN ART RETAIL. We encourage investors to look for signals such as email spams, message board hypes, claims of breakthroughs, volume upswings, sudden news releases, promotions that are not reported, or demotions released before SEC filings. Please also check biographies and work history of current and past company officers before investing in high volatility instruments, penny stocks, or equities with microcap classification. You can indeed make money on SUN instrument if you perfectly time your entry and exit. However, remember that penny stocks that have been the subject of artificial hype usually unable to maintain their increased share price for more than just a few days. The price of a promoted high volatility instrument will almost always revert back. The only way to increase shareholder value is through legitimate performance backed up by solid fundamentals.
3 Months Beta |Analyze SUN ART RETAIL Demand Trend
Check current 90 days SUN ART correlation with market (Dow Jones Industrial)

SUN Beta

    
  0.44  
SUN 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

    
  15.24  
It is essential to understand the difference between upside risk (as represented by SUN ART's standard deviation) and the downside risk, which can be measured by semi-deviation or downside deviation of SUN ART's daily returns or price. Since the actual investment returns on holding a position in sun 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 SUN ART.
100%

SUN ART RETAIL Stock Volatility Analysis

Volatility refers to the frequency at which SUN ART stock price increases or decreases within a specified period. These fluctuations usually indicate the level of risk that's associated with SUN ART's price changes. Investors will then calculate the volatility of SUN ART'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 SUN ART's volatility:

Historical Volatility

This type of stock volatility measures SUN ART's fluctuations based on previous trends. It's commonly used to predict SUN ART'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 SUN ART'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 SUN ART'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. SUN ART RETAIL 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.
JavaScript chart by amCharts 3.21.15OctNovDecNov 18Nov 25DecDec 09Dec 16Dec 230.150.200.250.30 0.951.001.05 42.5K43K43.5K44K44.5K45K Show all
JavaScript chart by amCharts 3.21.15SUN ART RETAIL Volume SUN ART RETAIL Closing Prices Dow Jones Industrial Closing Prices - Benchmark SUN ART RETAIL Average Price

SUN ART Projected Return Density Against Market

Assuming the 90 days trading horizon SUN ART has a beta of 0.4398 . This usually implies as returns on the market go up, SUN ART average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding SUN ART RETAIL 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 SUN ART or Other 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 SUN ART'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 SUN 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.
SUN ART RETAIL has an alpha of 2.6701, implying that it can generate a 2.67 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta).
   Predicted Return Density   
JavaScript chart by amCharts 3.21.15-45.02-33.72-22.42-11.110.011.9724.3436.7249.161.48 0.10.20.30.40.50.6
JavaScript chart by amCharts 3.21.15SUN ART Dow Jones Industrial
       Returns  
SUN ART's volatility is measured either by using standard deviation or beta. Standard deviation will reflect the average amount of how sun stock's price will differ from the mean after some time.To get its calculation, you should first determine the mean price during the specified period then subtract that from each price point.

What Drives a SUN ART 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.

SUN ART Stock Risk Measures

Assuming the 90 days trading horizon the coefficient of variation of SUN ART is 576.71. The daily returns are distributed with a variance of 232.39 and standard deviation of 15.24. The mean deviation of SUN ART RETAIL is currently at 6.11. For similar time horizon, the selected benchmark (Dow Jones Industrial) has volatility of 0.8
α
Alpha over Dow Jones
2.67
β
Beta against Dow Jones0.44
σ
Overall volatility
15.24
Ir
Information ratio 0.18

SUN ART Stock Return Volatility

SUN ART historical daily return volatility represents how much of SUN ART stock's daily returns swing around its mean - it is a statistical measure of its dispersion of returns. The firm assumes 15.2444% volatility of returns over the 90 days investment horizon. By contrast, Dow Jones Industrial accepts 0.8088% volatility on return distribution over the 90 days horizon.
 Performance 
JavaScript chart by amCharts 3.21.15OctNovDec -5051015
JavaScript chart by amCharts 3.21.15Equity Market
       Timeline  

About SUN ART Volatility

Volatility is a rate at which the price of SUN ART 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 SUN ART may increase or decrease. In other words, similar to SUN's beta indicator, it measures the risk of SUN ART and helps estimate the fluctuations that may happen in a short period of time. So if prices of SUN ART 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.

3 ways to utilize SUN ART's volatility to invest better

Higher SUN ART's stock volatility means that the price of its stock is changing rapidly and unpredictably, while lower stock volatility indicates that the price of SUN ART RETAIL 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. SUN ART RETAIL 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 SUN ART RETAIL investment. A higher volatility means higher risk and potentially larger changes in value.
  • Identifying Opportunities: High volatility in SUN ART'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 SUN ART's stock relates to your other investments can help you create a well-diversified portfolio of assets with varying levels of risk.
Remember it's essential to remember that stock volatility is just one of many factors to consider when making investment decisions, and it should be used in conjunction with other fundamental and technical analysis tools.

SUN ART Investment Opportunity

SUN ART RETAIL has a volatility of 15.24 and is 18.81 times more volatile than Dow Jones Industrial. Compared to the overall equity markets, volatility of historical daily returns of SUN ART RETAIL is higher than 96 percent of all global equities and portfolios over the last 90 days. You can use SUN ART RETAIL to enhance the returns of your portfolios. The stock experiences an unexpected upward trend. Watch out for market signals. Check odds of SUN ART to be traded at €0.372 in 90 days.
SUNDowDiversified AwaySUNDowDiversified Away100%

Significant diversification

The correlation between SUN ART RETAIL and DJI is 0.02 (i.e., Significant diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding SUN ART RETAIL and DJI in the same portfolio, assuming nothing else is changed.

SUN ART Additional Risk Indicators

The analysis of SUN ART'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 SUN ART's investment and either accepting that risk or mitigating it. Along with some common measures of SUN ART 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.
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.

SUN ART 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 SUN ART 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. SUN ART'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, SUN ART'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 SUN ART RETAIL.

Complementary Tools for SUN Stock analysis

When running SUN ART's price analysis, check to measure SUN ART'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 SUN ART is operating at the current time. Most of SUN ART's value examination focuses on studying past and present price action to predict the probability of SUN ART's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move SUN ART's price. Additionally, you may evaluate how the addition of SUN ART to your portfolios can decrease your overall portfolio volatility.
ETF Categories
List of ETF categories grouped based on various criteria, such as the investment strategy or type of investments
Portfolio Dashboard
Portfolio dashboard that provides centralized access to all your investments
CEOs Directory
Screen CEOs from public companies around the world
Idea Optimizer
Use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio
Sync Your Broker
Sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors.
Economic Indicators
Top statistical indicators that provide insights into how an economy is performing
Money Managers
Screen money managers from public funds and ETFs managed around the world
Odds Of Bankruptcy
Get analysis of equity chance of financial distress in the next 2 years
Portfolio Comparator
Compare the composition, asset allocations and performance of any two portfolios in your account