Uwc Bhd (Malaysia) Volatility
| 5292 Stock | 3.10 0.13 4.38% |
Uwc Bhd appears to be unstable, given 3 months investment horizon. Uwc Bhd owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.22, which indicates the firm had a 0.22% return per unit of risk over the last 3 months. By inspecting Uwc Bhd's technical indicators, you can evaluate if the expected return of 0.62% is justified by implied risk. Please review Uwc Bhd's Semi Deviation of 2.07, risk adjusted performance of 0.1841, and Coefficient Of Variation of 447.76 to confirm if our risk estimates are consistent with your expectations. Key indicators related to Uwc Bhd's volatility include:
30 Days Market Risk | Chance Of Distress | 30 Days Economic Sensitivity |
Uwc Bhd 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 Uwc daily returns, and it is calculated using variance and standard deviation. We also use Uwc's beta, its sensitivity to the market, as well as its odds of financial distress to provide a more practical estimation of Uwc Bhd volatility.
Uwc |
Downward market volatility can be a perfect environment for investors who play the long game. Here, they may decide to buy additional stocks of Uwc Bhd at lower prices. For example, an investor can purchase Uwc 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 Uwc Stock
Moving against Uwc Stock
| 0.93 | 5183 | Petronas Chemicals | PairCorr |
| 0.67 | 5347 | Tenaga Nasional Bhd | PairCorr |
| 0.53 | 6888 | Axiata Group Bhd | PairCorr |
| 0.47 | 3816 | MISC Bhd | PairCorr |
| 0.45 | 0001 | Supercomnet Technologies | PairCorr |
| 0.35 | 7692 | MyTech Group Bhd | PairCorr |
Uwc Bhd Market Sensitivity And Downside Risk
Uwc Bhd's beta coefficient measures the volatility of Uwc 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 Uwc stock's returns against your selected market. In other words, Uwc Bhd's beta of -0.12 provides an investor with an approximation of how much risk Uwc Bhd stock can potentially add to one of your existing portfolios. Uwc Bhd currently demonstrates below-average downside deviation. It has Information Ratio of 0.21 and Jensen Alpha of 0.61. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Uwc Bhd'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 Uwc Bhd'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 Uwc Bhd Demand TrendCheck current 90 days Uwc Bhd correlation with market (Dow Jones Industrial)Uwc Beta |
Uwc 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 | 2.76 |
It is essential to understand the difference between upside risk (as represented by Uwc Bhd's standard deviation) and the downside risk, which can be measured by semi-deviation or downside deviation of Uwc Bhd's daily returns or price. Since the actual investment returns on holding a position in uwc 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 Uwc Bhd.
Uwc Bhd Stock Volatility Analysis
Volatility refers to the frequency at which Uwc Bhd stock price increases or decreases within a specified period. These fluctuations usually indicate the level of risk that's associated with Uwc Bhd's price changes. Investors will then calculate the volatility of Uwc Bhd'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 Uwc Bhd's volatility:
Historical Volatility
This type of stock volatility measures Uwc Bhd's fluctuations based on previous trends. It's commonly used to predict Uwc Bhd'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 Uwc Bhd'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 Uwc Bhd'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. Uwc Bhd 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.
Uwc Bhd Projected Return Density Against Market
Assuming the 90 days trading horizon Uwc Bhd has a beta of -0.117 . This suggests as returns on the benchmark increase, returns on holding Uwc Bhd are expected to decrease at a much lower rate. During a bear market, however, Uwc Bhd 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 Uwc Bhd or Machinery, Tools, Heavy Vehicles, Trains & Ships 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 Uwc Bhd'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 Uwc 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.
Uwc Bhd has an alpha of 0.6069, implying that it can generate a 0.61 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Predicted Return Density |
| Returns |
What Drives an Uwc Bhd 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.Uwc Bhd Stock Risk Measures
Assuming the 90 days trading horizon the coefficient of variation of Uwc Bhd is 448.55. The daily returns are distributed with a variance of 7.64 and standard deviation of 2.76. The mean deviation of Uwc Bhd is currently at 2.11. For similar time horizon, the selected benchmark (Dow Jones Industrial) has volatility of 0.79
α | Alpha over Dow Jones | 0.61 | |
β | Beta against Dow Jones | -0.12 | |
σ | Overall volatility | 2.76 | |
Ir | Information ratio | 0.21 |
Uwc Bhd Stock Return Volatility
Uwc Bhd historical daily return volatility represents how much of Uwc Bhd stock's daily returns swing around its mean - it is a statistical measure of its dispersion of returns. The company accepts 2.7642% 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 Uwc Bhd Volatility
Volatility is a rate at which the price of Uwc Bhd 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 Uwc Bhd may increase or decrease. In other words, similar to Uwc's beta indicator, it measures the risk of Uwc Bhd and helps estimate the fluctuations that may happen in a short period of time. So if prices of Uwc Bhd 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 Uwc Bhd's volatility to invest better
Higher Uwc Bhd's stock volatility means that the price of its stock is changing rapidly and unpredictably, while lower stock volatility indicates that the price of Uwc Bhd 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. Uwc Bhd 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 Uwc Bhd investment. A higher volatility means higher risk and potentially larger changes in value.
- Identifying Opportunities: High volatility in Uwc Bhd'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 Uwc Bhd's stock relates to your other investments can help you create a well-diversified portfolio of assets with varying levels of risk.
Uwc Bhd Investment Opportunity
Uwc Bhd has a volatility of 2.76 and is 3.45 times more volatile than Dow Jones Industrial. Compared to the overall equity markets, volatility of historical daily returns of Uwc Bhd is lower than 24 percent of all global equities and portfolios over the last 90 days. You can use Uwc Bhd to enhance the returns of your portfolios. The stock experiences a very speculative upward sentiment. Check odds of Uwc Bhd to be traded at 3.88 in 90 days.Good diversification
The correlation between Uwc Bhd and DJI is -0.03 (i.e., Good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Uwc Bhd and DJI in the same portfolio, assuming nothing else is changed.
Uwc Bhd Additional Risk Indicators
The analysis of Uwc Bhd'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 Uwc Bhd's investment and either accepting that risk or mitigating it. Along with some common measures of Uwc Bhd 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 | 0.1841 | |||
| Market Risk Adjusted Performance | (5.15) | |||
| Mean Deviation | 2.11 | |||
| Semi Deviation | 2.07 | |||
| Downside Deviation | 2.55 | |||
| Coefficient Of Variation | 447.76 | |||
| Standard Deviation | 2.75 |
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.
Uwc Bhd 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.
| GM vs. Uwc Bhd | ||
| Alphabet vs. Uwc Bhd | ||
| Nasdaq vs. Uwc Bhd | ||
| Visa vs. Uwc Bhd | ||
| Morgan Stanley vs. Uwc Bhd | ||
| Ford vs. Uwc Bhd | ||
| Armada Hflr vs. Uwc Bhd | ||
| FrontView REIT, vs. Uwc Bhd | ||
| Petroleo Brasileiro vs. Uwc Bhd | ||
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 Uwc Bhd 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. Uwc Bhd'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, Uwc Bhd'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 Uwc Bhd.
Other Information on Investing in Uwc Stock
Uwc Bhd financial ratios help investors to determine whether Uwc 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 Uwc with respect to the benefits of owning Uwc Bhd security.