Sparinv SICAV (Denmark) Volatility

SSIEGVEURR  EUR 299.50  2.70  0.91%   
At this point, Sparinv SICAV is very steady. Sparinv SICAV owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.24, which indicates the fund had a 0.24% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Sparinv SICAV, which you can use to evaluate the volatility of the fund. Please validate Sparinv SICAV's Coefficient Of Variation of 506.38, semi deviation of 0.1168, and Risk Adjusted Performance of 0.1459 to confirm if the risk estimate we provide is consistent with the expected return of 0.18%.
  
Sparinv SICAV Fund 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 Sparinv daily returns, and it is calculated using variance and standard deviation. We also use Sparinv's beta, its sensitivity to the market, as well as its odds of financial distress to provide a more practical estimation of Sparinv SICAV volatility.
Downward market volatility can be a perfect environment for investors who play the long game with Sparinv SICAV. They may decide to buy additional shares of Sparinv SICAV at lower prices to lower the average cost per share, thereby improving their portfolio's performance when markets normalize.

Moving together with Sparinv Fund

  0.94JYIKOB Jyske Invest KortePairCorr
  0.82JYIVIRK Jyske Invest VirksomPairCorr
  0.87JYIHRV Jyske Invest HjtPairCorr
  0.9JYILOB Jyske Invest LangePairCorr
  0.95MAJVAA Maj Invest ValuePairCorr

Sparinv SICAV Market Sensitivity And Downside Risk

Sparinv SICAV's beta coefficient measures the volatility of Sparinv fund 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 Sparinv fund's returns against your selected market. In other words, Sparinv SICAV's beta of 0.63 provides an investor with an approximation of how much risk Sparinv SICAV fund can potentially add to one of your existing portfolios. Sparinv SICAV exhibits relatively low volatility with skewness of 1.9 and kurtosis of 7.96. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Sparinv SICAV's fund risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact Sparinv SICAV's fund 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 Sparinv SICAV Demand Trend
Check current 90 days Sparinv SICAV correlation with market (Dow Jones Industrial)

Sparinv Beta

    
  0.63  
Sparinv 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

    
  0.73  
It is essential to understand the difference between upside risk (as represented by Sparinv SICAV's standard deviation) and the downside risk, which can be measured by semi-deviation or downside deviation of Sparinv SICAV's daily returns or price. Since the actual investment returns on holding a position in sparinv fund 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 Sparinv SICAV.

Sparinv SICAV Fund Volatility Analysis

Volatility refers to the frequency at which Sparinv SICAV fund price increases or decreases within a specified period. These fluctuations usually indicate the level of risk that's associated with Sparinv SICAV's price changes. Investors will then calculate the volatility of Sparinv SICAV's fund to predict their future moves. A fund that has erratic price changes quickly hits new highs, and lows are considered highly volatile. A fund with relatively stable price changes has low volatility. A highly volatile fund 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 Sparinv SICAV's volatility:

Historical Volatility

This type of fund volatility measures Sparinv SICAV's fluctuations based on previous trends. It's commonly used to predict Sparinv SICAV's future behavior based on its past. However, it cannot conclusively determine the future direction of the fund.

Implied Volatility

This type of volatility provides a positive outlook on future price fluctuations for Sparinv SICAV's current market price. This means that the fund will return to its initially predicted market price. This type of volatility can be derived from derivative instruments written on Sparinv SICAV'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. Sparinv SICAV 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.

Sparinv SICAV Projected Return Density Against Market

Assuming the 90 days trading horizon Sparinv SICAV has a beta of 0.6293 . This usually implies as returns on the market go up, Sparinv SICAV average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Sparinv SICAV 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 Sparinv SICAV or Commodities Funds 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 Sparinv SICAV's price will be affected by overall fund 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 Sparinv fund'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.
Sparinv SICAV has an alpha of 0.0505, implying that it can generate a 0.0505 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta).
   Predicted Return Density   
       Returns  
Sparinv SICAV's volatility is measured either by using standard deviation or beta. Standard deviation will reflect the average amount of how sparinv fund's price will differ from the mean after some time.To get its calculation, you should first determine the mean price during the specified period then subtract that from each price point.

What Drives a Sparinv SICAV Price Volatility?

Several factors can influence a fund'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.

Sparinv SICAV Fund Risk Measures

Assuming the 90 days trading horizon the coefficient of variation of Sparinv SICAV is 417.81. The daily returns are distributed with a variance of 0.54 and standard deviation of 0.73. The mean deviation of Sparinv SICAV is currently at 0.5. For similar time horizon, the selected benchmark (Dow Jones Industrial) has volatility of 0.74
α
Alpha over Dow Jones
0.05
β
Beta against Dow Jones0.63
σ
Overall volatility
0.73
Ir
Information ratio -0.0002

Sparinv SICAV Fund Return Volatility

Sparinv SICAV historical daily return volatility represents how much of Sparinv SICAV fund's daily returns swing around its mean - it is a statistical measure of its dispersion of returns. The fund accepts 0.7346% volatility on return distribution over the 90 days horizon. By contrast, Dow Jones Industrial accepts 0.7309% volatility on return distribution over the 90 days horizon.
 Performance 
       Timeline  

About Sparinv SICAV Volatility

Volatility is a rate at which the price of Sparinv SICAV 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 Sparinv SICAV may increase or decrease. In other words, similar to Sparinv's beta indicator, it measures the risk of Sparinv SICAV and helps estimate the fluctuations that may happen in a short period of time. So if prices of Sparinv SICAV 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 Sparinv SICAV's volatility to invest better

Higher Sparinv SICAV's fund volatility means that the price of its stock is changing rapidly and unpredictably, while lower stock volatility indicates that the price of Sparinv SICAV fund 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. Sparinv SICAV fund 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 Sparinv SICAV investment. A higher volatility means higher risk and potentially larger changes in value.
  • Identifying Opportunities: High volatility in Sparinv SICAV's fund 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 Sparinv SICAV's fund relates to your other investments can help you create a well-diversified portfolio of assets with varying levels of risk.
Remember it's essential to remember that stock volatility is just one of many factors to consider when making investment decisions, and it should be used in conjunction with other fundamental and technical analysis tools.

Sparinv SICAV Investment Opportunity

Sparinv SICAV has the same returns volatility as Dow Jones Industrial considering given time horizon. Compared to the overall equity markets, volatility of historical daily returns of Sparinv SICAV is lower than 6 percent of all global equities and portfolios over the last 90 days. You can use Sparinv SICAV to enhance the returns of your portfolios. The fund experiences a moderate upward volatility. Check odds of Sparinv SICAV to be traded at €329.45 in 90 days.

Poor diversification

The correlation between Sparinv SICAV and DJI is 0.63 (i.e., Poor diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Sparinv SICAV and DJI in the same portfolio, assuming nothing else is changed.

Sparinv SICAV Additional Risk Indicators

The analysis of Sparinv SICAV'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 Sparinv SICAV's investment and either accepting that risk or mitigating it. Along with some common measures of Sparinv SICAV fund'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.
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential funds, we recommend comparing similar funds with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.

Sparinv SICAV 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 Sparinv SICAV 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. Sparinv SICAV'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, Sparinv SICAV'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 Sparinv SICAV.

Other Information on Investing in Sparinv Fund

Sparinv SICAV financial ratios help investors to determine whether Sparinv Fund 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 Sparinv with respect to the benefits of owning Sparinv SICAV security.
Portfolio Comparator
Compare the composition, asset allocations and performance of any two portfolios in your account
Transaction History
View history of all your transactions and understand their impact on performance
Portfolio Holdings
Check your current holdings and cash postion to detemine if your portfolio needs rebalancing
Volatility Analysis
Get historical volatility and risk analysis based on latest market data