Villa Kunalai (Thailand) Volatility
| KUN Stock | THB 1.22 0.01 0.81% |
Villa Kunalai Public owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.33, which indicates the firm had a -0.33% return per unit of risk over the last 3 months. Villa Kunalai Public exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Villa Kunalai's Risk Adjusted Performance of (0.28), variance of 0.74, and Coefficient Of Variation of (278.48) to confirm the risk estimate we provide. Key indicators related to Villa Kunalai's volatility include:
90 Days Market Risk | Chance Of Distress | 90 Days Economic Sensitivity |
Villa Kunalai 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 Villa daily returns, and it is calculated using variance and standard deviation. We also use Villa's beta, its sensitivity to the market, as well as its odds of financial distress to provide a more practical estimation of Villa Kunalai volatility.
Villa |
Downward market volatility can be a perfect environment for investors who play the long game. Here, they may decide to buy additional stocks of Villa Kunalai at lower prices. For example, an investor can purchase Villa 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 Villa Stock
| 0.7 | SPALI | Supalai Public | PairCorr |
| 0.88 | NUSA | Nusasiri Public | PairCorr |
| 0.72 | SA | Siamese Asset Public | PairCorr |
| 0.76 | UV | Univentures Public | PairCorr |
| 0.81 | PF | Property Perfect Public | PairCorr |
| 0.83 | PRIN | Prinsiri Public | PairCorr |
| 0.66 | PTT-R | PTT Public | PairCorr |
| 0.66 | PTT | PTT Public | PairCorr |
Moving against Villa Stock
| 0.85 | COM7 | Com7 PCL | PairCorr |
| 0.75 | ADVANC | Advanced Info Service | PairCorr |
| 0.74 | ASW | Assetwise Public | PairCorr |
| 0.74 | SAM | Samchai Steel Industries | PairCorr |
| 0.56 | EE | Eternal Energy Public | PairCorr |
| 0.5 | ASN | ASN Broker Public | PairCorr |
| 0.45 | TLI | Thai Life Insurance | PairCorr |
| 0.42 | RCL-R | Regional Container Lines | PairCorr |
| 0.38 | TIPCO | Tipco Foods Public | PairCorr |
Villa Kunalai Market Sensitivity And Downside Risk
Villa Kunalai's beta coefficient measures the volatility of Villa 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 Villa stock's returns against your selected market. In other words, Villa Kunalai's beta of -0.0543 provides an investor with an approximation of how much risk Villa Kunalai stock can potentially add to one of your existing portfolios. Villa Kunalai Public exhibits very low volatility with skewness of -0.07 and kurtosis of 5.41. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Villa Kunalai'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 Villa Kunalai'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 Villa Kunalai Public Demand TrendCheck current 90 days Villa Kunalai correlation with market (Dow Jones Industrial)Villa Beta |
Villa 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 | 0.79 |
It is essential to understand the difference between upside risk (as represented by Villa Kunalai's standard deviation) and the downside risk, which can be measured by semi-deviation or downside deviation of Villa Kunalai's daily returns or price. Since the actual investment returns on holding a position in villa 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 Villa Kunalai.
Villa Kunalai Public Stock Volatility Analysis
Volatility refers to the frequency at which Villa Kunalai stock price increases or decreases within a specified period. These fluctuations usually indicate the level of risk that's associated with Villa Kunalai's price changes. Investors will then calculate the volatility of Villa Kunalai'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 Villa Kunalai's volatility:
Historical Volatility
This type of stock volatility measures Villa Kunalai's fluctuations based on previous trends. It's commonly used to predict Villa Kunalai'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 Villa Kunalai'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 Villa Kunalai'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. Villa Kunalai Public 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.
Villa Kunalai Projected Return Density Against Market
Assuming the 90 days trading horizon Villa Kunalai Public has a beta of -0.0543 . This indicates as returns on the benchmark increase, returns on holding Villa Kunalai are expected to decrease at a much lower rate. During a bear market, however, Villa Kunalai Public 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 Villa Kunalai or Real Estate 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 Villa Kunalai'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 Villa 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.
Villa Kunalai Public 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 a Villa Kunalai 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.Villa Kunalai Stock Risk Measures
Assuming the 90 days trading horizon the coefficient of variation of Villa Kunalai is -300.95. The daily returns are distributed with a variance of 0.63 and standard deviation of 0.79. The mean deviation of Villa Kunalai Public is currently at 0.56. For similar time horizon, the selected benchmark (Dow Jones Industrial) has volatility of 0.79
α | Alpha over Dow Jones | -0.32 | |
β | Beta against Dow Jones | -0.05 | |
σ | Overall volatility | 0.79 | |
Ir | Information ratio | -0.4 |
Villa Kunalai Stock Return Volatility
Villa Kunalai historical daily return volatility represents how much of Villa Kunalai stock's daily returns swing around its mean - it is a statistical measure of its dispersion of returns. The company assumes 0.7944% volatility of returns over the 90 days investment horizon. By contrast, Dow Jones Industrial accepts 0.7982% volatility on return distribution over the 90 days horizon. Performance |
| Timeline |
About Villa Kunalai Volatility
Volatility is a rate at which the price of Villa Kunalai 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 Villa Kunalai may increase or decrease. In other words, similar to Villa's beta indicator, it measures the risk of Villa Kunalai and helps estimate the fluctuations that may happen in a short period of time. So if prices of Villa Kunalai 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.Villa Kunalai Public Company Limited engages in the property development business in Thailand. It develops semi-detached houses, detached houses, and commercial buildings. VILLA KUNALAI operates under Real EstateDevelopment classification in Thailand and is traded on Stock Exchange of Thailand.
Villa Kunalai'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 Villa Stock over a specified period of time, often expressed as the standard deviation of daily returns. In other words, it measures how much Villa Kunalai's price varies over time.
3 ways to utilize Villa Kunalai's volatility to invest better
Higher Villa Kunalai's stock volatility means that the price of its stock is changing rapidly and unpredictably, while lower stock volatility indicates that the price of Villa Kunalai Public 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. Villa Kunalai Public 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 Villa Kunalai Public investment. A higher volatility means higher risk and potentially larger changes in value.
- Identifying Opportunities: High volatility in Villa Kunalai'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 Villa Kunalai's stock relates to your other investments can help you create a well-diversified portfolio of assets with varying levels of risk.
Villa Kunalai Investment Opportunity
Dow Jones Industrial has a standard deviation of returns of 0.8 and is 1.01 times more volatile than Villa Kunalai Public. 7 percent of all equities and portfolios are less risky than Villa Kunalai. You can use Villa Kunalai Public 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 Villa Kunalai to be traded at 1.1956 in 90 days.Good diversification
The correlation between Villa Kunalai Public and DJI is -0.05 (i.e., Good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Villa Kunalai Public and DJI in the same portfolio, assuming nothing else is changed.
Villa Kunalai Additional Risk Indicators
The analysis of Villa Kunalai'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 Villa Kunalai's investment and either accepting that risk or mitigating it. Along with some common measures of Villa Kunalai 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 | (0.28) | |||
| Market Risk Adjusted Performance | 5.88 | |||
| Mean Deviation | 0.6032 | |||
| Coefficient Of Variation | (278.48) | |||
| Standard Deviation | 0.8602 | |||
| Variance | 0.74 | |||
| Information Ratio | (0.40) |
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.
Villa Kunalai 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 Villa Kunalai 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. Villa Kunalai'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, Villa Kunalai'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 Villa Kunalai Public.
Other Information on Investing in Villa Stock
Villa Kunalai financial ratios help investors to determine whether Villa 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 Villa with respect to the benefits of owning Villa Kunalai security.