Selectirente (France) Volatility
| SELER Stock | EUR 85.00 1.50 1.73% |
Currently, Selectirente is very steady. Selectirente owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0021, which indicates the firm had a 0.0021% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Selectirente, which you can use to evaluate the volatility of the company. Please validate Selectirente's Risk Adjusted Performance of 0.0098, coefficient of variation of 4439.11, and Semi Deviation of 0.3602 to confirm if the risk estimate we provide is consistent with the expected return of 9.0E-4%. Key indicators related to Selectirente's volatility include:
90 Days Market Risk | Chance Of Distress | 90 Days Economic Sensitivity |
Selectirente 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 Selectirente daily returns, and it is calculated using variance and standard deviation. We also use Selectirente's beta, its sensitivity to the market, as well as its odds of financial distress to provide a more practical estimation of Selectirente volatility.
Selectirente |
Since volatility provides investors with entry points to take advantage of stock prices, companies, such as Selectirente can benefit from it. Downward market volatility can be a perfect environment for investors who play the long game. Here, they may decide to buy additional stocks of Selectirente at lower prices. For example, an investor can purchase Selectirente stock that has halved in price over a short period. This will lower your average cost per share, thereby improving your portfolio's performance when the markets normalize. Similarly, when the prices of Selectirente's stock rises, investors can sell out and invest the proceeds in other equities with better opportunities. Investing when markets are volatile with better valuations will accord both investors and companies the opportunity to generate better long-term returns.
Moving against Selectirente Stock
Selectirente Market Sensitivity And Downside Risk
Selectirente's beta coefficient measures the volatility of Selectirente 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 Selectirente stock's returns against your selected market. In other words, Selectirente's beta of 0.24 provides an investor with an approximation of how much risk Selectirente stock can potentially add to one of your existing portfolios. Selectirente has relatively low volatility with skewness of -1.12 and kurtosis of 4.42. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Selectirente'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 Selectirente'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 Selectirente Demand TrendCheck current 90 days Selectirente correlation with market (Dow Jones Industrial)Selectirente Beta |
Selectirente 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 | 0.43 |
It is essential to understand the difference between upside risk (as represented by Selectirente's standard deviation) and the downside risk, which can be measured by semi-deviation or downside deviation of Selectirente's daily returns or price. Since the actual investment returns on holding a position in selectirente 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 Selectirente.
Selectirente Stock Volatility Analysis
Volatility refers to the frequency at which Selectirente stock price increases or decreases within a specified period. These fluctuations usually indicate the level of risk that's associated with Selectirente's price changes. Investors will then calculate the volatility of Selectirente'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 Selectirente's volatility:
Historical Volatility
This type of stock volatility measures Selectirente's fluctuations based on previous trends. It's commonly used to predict Selectirente'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 Selectirente'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 Selectirente'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. Selectirente 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.
Selectirente Projected Return Density Against Market
Assuming the 90 days trading horizon Selectirente has a beta of 0.24 . This usually implies as returns on the market go up, Selectirente average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Selectirente 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 Selectirente or Equity Real Estate Investment Trusts (REITs) 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 Selectirente'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 Selectirente 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.
Selectirente 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 Selectirente 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.Selectirente Stock Risk Measures
Assuming the 90 days trading horizon the coefficient of variation of Selectirente is 46700.54. The daily returns are distributed with a variance of 0.19 and standard deviation of 0.43. The mean deviation of Selectirente is currently at 0.21. For similar time horizon, the selected benchmark (Dow Jones Industrial) has volatility of 0.73
α | Alpha over Dow Jones | -0.02 | |
β | Beta against Dow Jones | 0.24 | |
σ | Overall volatility | 0.43 | |
Ir | Information ratio | -0.21 |
Selectirente Stock Return Volatility
Selectirente historical daily return volatility represents how much of Selectirente stock's daily returns swing around its mean - it is a statistical measure of its dispersion of returns. The enterprise accepts 0.433% volatility on return distribution over the 90 days horizon. By contrast, Dow Jones Industrial accepts 0.7242% volatility on return distribution over the 90 days horizon. Performance |
| Timeline |
About Selectirente Volatility
Volatility is a rate at which the price of Selectirente 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 Selectirente may increase or decrease. In other words, similar to Selectirente's beta indicator, it measures the risk of Selectirente and helps estimate the fluctuations that may happen in a short period of time. So if prices of Selectirente 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.Selectirente is a public real estate fund managed by Sofidy. It invests in city center and suburb commercial properties, which should be located close to shopping malls. Selectirente is traded on Paris Stock Exchange in France.
Selectirente'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 Selectirente Stock over a specified period of time, often expressed as the standard deviation of daily returns. In other words, it measures how much Selectirente's price varies over time.
3 ways to utilize Selectirente's volatility to invest better
Higher Selectirente's stock volatility means that the price of its stock is changing rapidly and unpredictably, while lower stock volatility indicates that the price of Selectirente 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. Selectirente 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 Selectirente investment. A higher volatility means higher risk and potentially larger changes in value.
- Identifying Opportunities: High volatility in Selectirente'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 Selectirente's stock relates to your other investments can help you create a well-diversified portfolio of assets with varying levels of risk.
Selectirente Investment Opportunity
Dow Jones Industrial has a standard deviation of returns of 0.72 and is 1.67 times more volatile than Selectirente. 3 percent of all equities and portfolios are less risky than Selectirente. You can use Selectirente 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 Selectirente to be traded at €82.45 in 90 days.Very weak diversification
The correlation between Selectirente and DJI is 0.4 (i.e., Very weak diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Selectirente and DJI in the same portfolio, assuming nothing else is changed.
Selectirente Additional Risk Indicators
The analysis of Selectirente'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 Selectirente's investment and either accepting that risk or mitigating it. Along with some common measures of Selectirente 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 | 0.0098 | |||
| Market Risk Adjusted Performance | 0.0095 | |||
| Mean Deviation | 0.2271 | |||
| Semi Deviation | 0.3602 | |||
| Downside Deviation | 1.03 | |||
| Coefficient Of Variation | 4439.11 | |||
| Standard Deviation | 0.4391 |
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.
Selectirente 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 Selectirente 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. Selectirente'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, Selectirente'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 Selectirente.
Additional Tools for Selectirente Stock Analysis
When running Selectirente's price analysis, check to measure Selectirente'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 Selectirente is operating at the current time. Most of Selectirente's value examination focuses on studying past and present price action to predict the probability of Selectirente's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Selectirente's price. Additionally, you may evaluate how the addition of Selectirente to your portfolios can decrease your overall portfolio volatility.