Krungdhep Sophon (Thailand) Volatility
| KWC Stock | THB 310.00 0.00 0.00% |
Krungdhep Sophon appears to be very steady, given 3 months investment horizon. Krungdhep Sophon Public has Sharpe Ratio of 0.0623, which conveys that the firm had a 0.0623% return per unit of risk over the last 3 months. We have found twenty-four technical indicators for Krungdhep Sophon, which you can use to evaluate the volatility of the firm. Please exercise Krungdhep Sophon's Risk Adjusted Performance of 0.0521, downside deviation of 8.14, and Mean Deviation of 2.87 to check out if our risk estimates are consistent with your expectations. Key indicators related to Krungdhep Sophon's volatility include:
30 Days Market Risk | Chance Of Distress | 30 Days Economic Sensitivity |
Krungdhep Sophon 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 Krungdhep daily returns, and it is calculated using variance and standard deviation. We also use Krungdhep's beta, its sensitivity to the market, as well as its odds of financial distress to provide a more practical estimation of Krungdhep Sophon volatility.
Krungdhep |
Downward market volatility can be a perfect environment for investors who play the long game. Here, they may decide to buy additional stocks of Krungdhep Sophon at lower prices. For example, an investor can purchase Krungdhep 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 Krungdhep Stock
Moving against Krungdhep Stock
Krungdhep Sophon Market Sensitivity And Downside Risk
Krungdhep Sophon's beta coefficient measures the volatility of Krungdhep 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 Krungdhep stock's returns against your selected market. In other words, Krungdhep Sophon's beta of 0.75 provides an investor with an approximation of how much risk Krungdhep Sophon stock can potentially add to one of your existing portfolios. Krungdhep Sophon Public shows above-average downside volatility for the selected time horizon. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Krungdhep Sophon'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 Krungdhep Sophon'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 Krungdhep Sophon Public Demand TrendCheck current 90 days Krungdhep Sophon correlation with market (Dow Jones Industrial)Krungdhep Beta |
Krungdhep 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 | 5.41 |
It is essential to understand the difference between upside risk (as represented by Krungdhep Sophon's standard deviation) and the downside risk, which can be measured by semi-deviation or downside deviation of Krungdhep Sophon's daily returns or price. Since the actual investment returns on holding a position in krungdhep 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 Krungdhep Sophon.
Krungdhep Sophon Public Stock Volatility Analysis
Volatility refers to the frequency at which Krungdhep Sophon stock price increases or decreases within a specified period. These fluctuations usually indicate the level of risk that's associated with Krungdhep Sophon's price changes. Investors will then calculate the volatility of Krungdhep Sophon'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 Krungdhep Sophon's volatility:
Historical Volatility
This type of stock volatility measures Krungdhep Sophon's fluctuations based on previous trends. It's commonly used to predict Krungdhep Sophon'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 Krungdhep Sophon'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 Krungdhep Sophon'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. Krungdhep Sophon 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.
Krungdhep Sophon Projected Return Density Against Market
Assuming the 90 days trading horizon Krungdhep Sophon has a beta of 0.7471 . This indicates as returns on the market go up, Krungdhep Sophon average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Krungdhep Sophon Public 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 Krungdhep Sophon or Commercial Services & Supplies 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 Krungdhep Sophon'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 Krungdhep 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.
Krungdhep Sophon Public has an alpha of 0.2345, implying that it can generate a 0.23 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Predicted Return Density |
| Returns |
What Drives a Krungdhep Sophon 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.Krungdhep Sophon Stock Risk Measures
Assuming the 90 days trading horizon the coefficient of variation of Krungdhep Sophon is 1604.4. The daily returns are distributed with a variance of 29.29 and standard deviation of 5.41. The mean deviation of Krungdhep Sophon Public is currently at 3.09. For similar time horizon, the selected benchmark (Dow Jones Industrial) has volatility of 0.73
α | Alpha over Dow Jones | 0.23 | |
β | Beta against Dow Jones | 0.75 | |
σ | Overall volatility | 5.41 | |
Ir | Information ratio | 0.04 |
Krungdhep Sophon Stock Return Volatility
Krungdhep Sophon historical daily return volatility represents how much of Krungdhep Sophon stock's daily returns swing around its mean - it is a statistical measure of its dispersion of returns. The company assumes 5.4124% volatility of returns over the 90 days investment horizon. By contrast, Dow Jones Industrial accepts 0.7299% volatility on return distribution over the 90 days horizon. Performance |
| Timeline |
About Krungdhep Sophon Volatility
Volatility is a rate at which the price of Krungdhep Sophon 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 Krungdhep Sophon may increase or decrease. In other words, similar to Krungdhep's beta indicator, it measures the risk of Krungdhep Sophon and helps estimate the fluctuations that may happen in a short period of time. So if prices of Krungdhep Sophon 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.Krungdhep Sophon Public Company Limited, together with its subsidiaries, develops and leases real estate properties in Thailand. Krungdhep Sophon Public Company Limited was founded in 1961 and is based in Bangkok, Thailand. KRUNGDHEP SOPHON operates under Real Estate Services classification in Thailand and is traded on Stock Exchange of Thailand.
Krungdhep Sophon'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 Krungdhep Stock over a specified period of time, often expressed as the standard deviation of daily returns. In other words, it measures how much Krungdhep Sophon's price varies over time.
3 ways to utilize Krungdhep Sophon's volatility to invest better
Higher Krungdhep Sophon's stock volatility means that the price of its stock is changing rapidly and unpredictably, while lower stock volatility indicates that the price of Krungdhep Sophon 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. Krungdhep Sophon 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 Krungdhep Sophon Public investment. A higher volatility means higher risk and potentially larger changes in value.
- Identifying Opportunities: High volatility in Krungdhep Sophon'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 Krungdhep Sophon's stock relates to your other investments can help you create a well-diversified portfolio of assets with varying levels of risk.
Krungdhep Sophon Investment Opportunity
Krungdhep Sophon Public has a volatility of 5.41 and is 7.41 times more volatile than Dow Jones Industrial. 48 percent of all equities and portfolios are less risky than Krungdhep Sophon. You can use Krungdhep Sophon Public to protect your portfolios against small market fluctuations. The stock experiences a normal downward trend, but the immediate impact on correlations cannot be determined at the moment . Check odds of Krungdhep Sophon to be traded at 306.9 in 90 days.Average diversification
The correlation between Krungdhep Sophon Public and DJI is 0.1 (i.e., Average diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Krungdhep Sophon Public and DJI in the same portfolio, assuming nothing else is changed.
Krungdhep Sophon Additional Risk Indicators
The analysis of Krungdhep Sophon'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 Krungdhep Sophon's investment and either accepting that risk or mitigating it. Along with some common measures of Krungdhep Sophon 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 | 0.0521 | |||
| Market Risk Adjusted Performance | 0.4139 | |||
| Mean Deviation | 2.87 | |||
| Semi Deviation | 3.52 | |||
| Downside Deviation | 8.14 | |||
| Coefficient Of Variation | 1668.06 | |||
| Standard Deviation | 5.2 |
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.
Krungdhep Sophon 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 Krungdhep Sophon 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. Krungdhep Sophon'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, Krungdhep Sophon'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 Krungdhep Sophon Public.
Other Information on Investing in Krungdhep Stock
Krungdhep Sophon financial ratios help investors to determine whether Krungdhep 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 Krungdhep with respect to the benefits of owning Krungdhep Sophon security.