Pinar Entegre (Turkey) Volatility
| PETUN Stock | TRY 90.60 0.55 0.61% |
Pinar Entegre appears to be very steady, given 3 months investment horizon. Pinar Entegre Et maintains Sharpe Ratio (i.e., Efficiency) of 0.12, which implies the firm had a 0.12% return per unit of risk over the last 3 months. We have found thirty technical indicators for Pinar Entegre Et, which you can use to evaluate the volatility of the company. Please evaluate Pinar Entegre's Coefficient Of Variation of 653.03, semi deviation of 2.09, and Risk Adjusted Performance of 0.1033 to confirm if our risk estimates are consistent with your expectations. Key indicators related to Pinar Entegre's volatility include:
720 Days Market Risk | Chance Of Distress | 720 Days Economic Sensitivity |
Pinar Entegre 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 Pinar daily returns, and it is calculated using variance and standard deviation. We also use Pinar's beta, its sensitivity to the market, as well as its odds of financial distress to provide a more practical estimation of Pinar Entegre volatility.
Pinar |
Since volatility provides investors with entry points to take advantage of stock prices, companies, such as Pinar Entegre 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 Pinar Entegre at lower prices. For example, an investor can purchase Pinar 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 Pinar Entegre'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.
Pinar Entegre Market Sensitivity And Downside Risk
Pinar Entegre's beta coefficient measures the volatility of Pinar 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 Pinar stock's returns against your selected market. In other words, Pinar Entegre's beta of -0.17 provides an investor with an approximation of how much risk Pinar Entegre stock can potentially add to one of your existing portfolios. Pinar Entegre Et currently demonstrates below-average downside deviation. It has Information Ratio of 0.12 and Jensen Alpha of 0.43. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Pinar Entegre'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 Pinar Entegre'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 Pinar Entegre Et Demand TrendCheck current 90 days Pinar Entegre correlation with market (NYSE Composite)Pinar Beta |
Pinar 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 | 2.88 |
It is essential to understand the difference between upside risk (as represented by Pinar Entegre's standard deviation) and the downside risk, which can be measured by semi-deviation or downside deviation of Pinar Entegre's daily returns or price. Since the actual investment returns on holding a position in pinar 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 Pinar Entegre.
Pinar Entegre Et Stock Volatility Analysis
Volatility refers to the frequency at which Pinar Entegre stock price increases or decreases within a specified period. These fluctuations usually indicate the level of risk that's associated with Pinar Entegre's price changes. Investors will then calculate the volatility of Pinar Entegre'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 Pinar Entegre's volatility:
Historical Volatility
This type of stock volatility measures Pinar Entegre's fluctuations based on previous trends. It's commonly used to predict Pinar Entegre'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 Pinar Entegre'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 Pinar Entegre'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. Pinar Entegre Et 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.
Pinar Entegre Projected Return Density Against Market
Assuming the 90 days trading horizon Pinar Entegre Et has a beta of -0.1714 indicating as returns on the benchmark increase, returns on holding Pinar Entegre are expected to decrease at a much lower rate. During a bear market, however, Pinar Entegre Et 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 Pinar Entegre or Food Products 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 Pinar Entegre'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 Pinar 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.
Pinar Entegre Et has an alpha of 0.4295, implying that it can generate a 0.43 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta). Predicted Return Density |
| Returns |
What Drives a Pinar Entegre 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.Pinar Entegre Stock Risk Measures
Assuming the 90 days trading horizon the coefficient of variation of Pinar Entegre is 825.6. The daily returns are distributed with a variance of 8.3 and standard deviation of 2.88. The mean deviation of Pinar Entegre Et is currently at 2.05. For similar time horizon, the selected benchmark (NYSE Composite) has volatility of 0.62
α | Alpha over NYSE Composite | 0.43 | |
β | Beta against NYSE Composite | -0.17 | |
σ | Overall volatility | 2.88 | |
Ir | Information ratio | 0.12 |
Pinar Entegre Stock Return Volatility
Pinar Entegre historical daily return volatility represents how much of Pinar Entegre stock's daily returns swing around its mean - it is a statistical measure of its dispersion of returns. The firm accepts 2.8809% volatility on return distribution over the 90 days horizon. By contrast, NYSE Composite accepts 0.6193% volatility on return distribution over the 90 days horizon. Performance |
| Timeline |
About Pinar Entegre Volatility
Volatility is a rate at which the price of Pinar Entegre 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 Pinar Entegre may increase or decrease. In other words, similar to Pinar's beta indicator, it measures the risk of Pinar Entegre and helps estimate the fluctuations that may happen in a short period of time. So if prices of Pinar Entegre 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.Pinar Entegre Et ve Un Sanayii A.S. produces and sells meat and by-products of cattle, sheep, poultry, and fish under the Pinar brand in Turkey. Pinar Entegre Et ve Un Sanayii A.S. is a subsidiary of Yasar Holding A.S. PINAR ET is traded on Istanbul Stock Exchange in Turkey.
Pinar Entegre'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 Pinar Stock over a specified period of time, often expressed as the standard deviation of daily returns. In other words, it measures how much Pinar Entegre's price varies over time.
3 ways to utilize Pinar Entegre's volatility to invest better
Higher Pinar Entegre's stock volatility means that the price of its stock is changing rapidly and unpredictably, while lower stock volatility indicates that the price of Pinar Entegre Et 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. Pinar Entegre Et 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 Pinar Entegre Et investment. A higher volatility means higher risk and potentially larger changes in value.
- Identifying Opportunities: High volatility in Pinar Entegre'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 Pinar Entegre's stock relates to your other investments can help you create a well-diversified portfolio of assets with varying levels of risk.
Pinar Entegre Investment Opportunity
Pinar Entegre Et has a volatility of 2.88 and is 4.65 times more volatile than NYSE Composite. 25 percent of all equities and portfolios are less risky than Pinar Entegre. You can use Pinar Entegre Et to enhance the returns of your portfolios. The stock experiences a moderate upward volatility. Check odds of Pinar Entegre to be traded at 99.66 in 90 days.Good diversification
The correlation between Pinar Entegre Et and NYA is -0.04 (i.e., Good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Pinar Entegre Et and NYA in the same portfolio, assuming nothing else is changed.
Pinar Entegre Additional Risk Indicators
The analysis of Pinar Entegre'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 Pinar Entegre's investment and either accepting that risk or mitigating it. Along with some common measures of Pinar Entegre 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 | 0.1033 | |||
| Market Risk Adjusted Performance | (2.42) | |||
| Mean Deviation | 1.98 | |||
| Semi Deviation | 2.09 | |||
| Downside Deviation | 2.55 | |||
| Coefficient Of Variation | 653.03 | |||
| Standard Deviation | 2.78 |
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.
Pinar Entegre 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.
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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 Pinar Entegre 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. Pinar Entegre'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, Pinar Entegre'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 Pinar Entegre Et.
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Pinar Entegre Et. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors. You can also try the Pair Correlation module to compare performance and examine fundamental relationship between any two equity instruments.
Complementary Tools for Pinar Stock analysis
When running Pinar Entegre's price analysis, check to measure Pinar Entegre'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 Pinar Entegre is operating at the current time. Most of Pinar Entegre's value examination focuses on studying past and present price action to predict the probability of Pinar Entegre's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Pinar Entegre's price. Additionally, you may evaluate how the addition of Pinar Entegre to your portfolios can decrease your overall portfolio volatility.
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