Integra Indocabinet (Indonesia) Volatility
| WOOD Stock | IDR 306.00 6.00 1.92% |
As of now, Integra Stock is very steady. Integra Indocabinet Tbk holds Efficiency (Sharpe) Ratio of 0.0126, which attests that the entity had a 0.0126 % return per unit of risk over the last 3 months. We have found twenty-two technical indicators for Integra Indocabinet Tbk, which you can use to evaluate the volatility of the firm. Please check out Integra Indocabinet's Risk Adjusted Performance of (0.03), market risk adjusted performance of 1.71, and Standard Deviation of 3.32 to validate if the risk estimate we provide is consistent with the expected return of 0.0416%. Key indicators related to Integra Indocabinet's volatility include:
90 Days Market Risk | Chance Of Distress | 90 Days Economic Sensitivity |
Integra Indocabinet 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 Integra daily returns, and it is calculated using variance and standard deviation. We also use Integra's beta, its sensitivity to the market, as well as its odds of financial distress to provide a more practical estimation of Integra Indocabinet volatility.
Integra |
Downward market volatility can be a perfect environment for investors who play the long game. Here, they may decide to buy additional stocks of Integra Indocabinet at lower prices. For example, an investor can purchase Integra 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 against Integra Stock
| 0.51 | GGRM | Gudang Garam Tbk Earnings Call Tomorrow | PairCorr |
| 0.48 | ASII | Astra International Tbk | PairCorr |
| 0.43 | BBCA | Bank Central Asia | PairCorr |
| 0.32 | HMSP | Hanjaya Mandala Sampoerna Earnings Call Today | PairCorr |
Integra Indocabinet Market Sensitivity And Downside Risk
Integra Indocabinet's beta coefficient measures the volatility of Integra 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 Integra stock's returns against your selected market. In other words, Integra Indocabinet's beta of -0.0765 provides an investor with an approximation of how much risk Integra Indocabinet stock can potentially add to one of your existing portfolios. Integra Indocabinet Tbk exhibits very low volatility with skewness of 0.71 and kurtosis of 1.4. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Integra Indocabinet'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 Integra Indocabinet'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 Integra Indocabinet Tbk Demand TrendCheck current 90 days Integra Indocabinet correlation with market (Dow Jones Industrial)Integra Beta |
Integra 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 | 3.31 |
It is essential to understand the difference between upside risk (as represented by Integra Indocabinet's standard deviation) and the downside risk, which can be measured by semi-deviation or downside deviation of Integra Indocabinet's daily returns or price. Since the actual investment returns on holding a position in integra 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 Integra Indocabinet.
Integra Indocabinet Tbk Stock Volatility Analysis
Volatility refers to the frequency at which Integra Indocabinet stock price increases or decreases within a specified period. These fluctuations usually indicate the level of risk that's associated with Integra Indocabinet's price changes. Investors will then calculate the volatility of Integra Indocabinet'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 Integra Indocabinet's volatility:
Historical Volatility
This type of stock volatility measures Integra Indocabinet's fluctuations based on previous trends. It's commonly used to predict Integra Indocabinet'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 Integra Indocabinet'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 Integra Indocabinet'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. Integra Indocabinet Tbk 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.
Integra Indocabinet Projected Return Density Against Market
Assuming the 90 days trading horizon Integra Indocabinet Tbk has a beta of -0.0765 . This entails as returns on the benchmark increase, returns on holding Integra Indocabinet are expected to decrease at a much lower rate. During a bear market, however, Integra Indocabinet Tbk 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 Integra Indocabinet or Household Durables 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 Integra Indocabinet'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 Integra 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.
Integra Indocabinet Tbk 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 an Integra Indocabinet 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.Integra Indocabinet Stock Risk Measures
Assuming the 90 days trading horizon the coefficient of variation of Integra Indocabinet is 7946.79. The daily returns are distributed with a variance of 10.94 and standard deviation of 3.31. The mean deviation of Integra Indocabinet Tbk is currently at 2.29. For similar time horizon, the selected benchmark (Dow Jones Industrial) has volatility of 0.9
α | Alpha over Dow Jones | -0.13 | |
β | Beta against Dow Jones | -0.08 | |
σ | Overall volatility | 3.31 | |
Ir | Information ratio | -0.03 |
Integra Indocabinet Stock Return Volatility
Integra Indocabinet historical daily return volatility represents how much of Integra Indocabinet stock's daily returns swing around its mean - it is a statistical measure of its dispersion of returns. The company accepts 3.3076% volatility on return distribution over the 90 days horizon. By contrast, Dow Jones Industrial accepts 0.8567% volatility on return distribution over the 90 days horizon. Performance |
| Timeline |
About Integra Indocabinet Volatility
Volatility is a rate at which the price of Integra Indocabinet 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 Integra Indocabinet may increase or decrease. In other words, similar to Integra's beta indicator, it measures the risk of Integra Indocabinet and helps estimate the fluctuations that may happen in a short period of time. So if prices of Integra Indocabinet 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 Integra Indocabinet's volatility to invest better
Higher Integra Indocabinet's stock volatility means that the price of its stock is changing rapidly and unpredictably, while lower stock volatility indicates that the price of Integra Indocabinet Tbk 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. Integra Indocabinet Tbk 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 Integra Indocabinet Tbk investment. A higher volatility means higher risk and potentially larger changes in value.
- Identifying Opportunities: High volatility in Integra Indocabinet'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 Integra Indocabinet's stock relates to your other investments can help you create a well-diversified portfolio of assets with varying levels of risk.
Integra Indocabinet Investment Opportunity
Integra Indocabinet Tbk has a volatility of 3.31 and is 3.85 times more volatile than Dow Jones Industrial. 29 percent of all equities and portfolios are less risky than Integra Indocabinet. You can use Integra Indocabinet Tbk to protect your portfolios against small market fluctuations. The stock experiences a somewhat bearish sentiment, but the market may correct it shortly. Check odds of Integra Indocabinet to be traded at 296.82 in 90 days.Good diversification
The correlation between Integra Indocabinet Tbk and DJI is -0.02 (i.e., Good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Integra Indocabinet Tbk and DJI in the same portfolio, assuming nothing else is changed.
Integra Indocabinet Additional Risk Indicators
The analysis of Integra Indocabinet'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 Integra Indocabinet's investment and either accepting that risk or mitigating it. Along with some common measures of Integra Indocabinet 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 | (0.03) | |||
| Market Risk Adjusted Performance | 1.71 | |||
| Mean Deviation | 2.33 | |||
| Coefficient Of Variation | (2,765) | |||
| Standard Deviation | 3.32 | |||
| Variance | 11.05 | |||
| Information Ratio | (0.03) |
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.
Integra Indocabinet 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 Integra Indocabinet 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. Integra Indocabinet'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, Integra Indocabinet'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 Integra Indocabinet Tbk.
Other Information on Investing in Integra Stock
Integra Indocabinet financial ratios help investors to determine whether Integra Stock 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 Integra with respect to the benefits of owning Integra Indocabinet security.