Axa SA ADR Volatility
| AXAHYDelisted Stock | USD 33.60 0.06 0.18% |
We consider Axa SA very steady. Axa SA ADR secures Sharpe Ratio (or Efficiency) of 0.0428, which signifies that the company had a 0.0428% return per unit of standard deviation over the last 3 months. We have found twenty-nine technical indicators for Axa SA ADR, which you can use to evaluate the volatility of the firm. Please confirm Axa SA's mean deviation of 0.66, and Risk Adjusted Performance of 0.1041 to double-check if the risk estimate we provide is consistent with the expected return of 0.0294%. Key indicators related to Axa SA's volatility include:
30 Days Market Risk | Chance Of Distress | 30 Days Economic Sensitivity |
Axa SA OTC 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 Axa daily returns, and it is calculated using variance and standard deviation. We also use Axa's beta, its sensitivity to the market, as well as its odds of financial distress to provide a more practical estimation of Axa SA volatility.
Axa |
Since volatility provides investors with entry points to take advantage of stock prices, companies, such as Axa SA 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 Axa SA at lower prices. For example, an investor can purchase Axa 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 Axa SA'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 together with Axa OTC Stock
Moving against Axa OTC Stock
| 0.68 | FLFG | Federal Life Group | PairCorr |
| 0.64 | CIA | Citizens | PairCorr |
| 0.63 | PUK | Prudential Public Normal Trading | PairCorr |
| 0.6 | FG | FG Annuities Life Financial Report 1st of May 2024 | PairCorr |
Axa SA Market Sensitivity And Downside Risk
Axa SA's beta coefficient measures the volatility of Axa otc 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 Axa otc stock's returns against your selected market. In other words, Axa SA's beta of 0.0987 provides an investor with an approximation of how much risk Axa SA otc stock can potentially add to one of your existing portfolios. Axa SA ADR has low volatility with Treynor Ratio of 1.36, Maximum Drawdown of 3.89 and kurtosis of 0.23. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Axa SA's otc stock risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact Axa SA's otc 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 Axa SA ADR Demand TrendCheck current 90 days Axa SA correlation with market (NYSE Composite)Axa Beta |
Axa 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 | 0.69 |
It is essential to understand the difference between upside risk (as represented by Axa SA's standard deviation) and the downside risk, which can be measured by semi-deviation or downside deviation of Axa SA's daily returns or price. Since the actual investment returns on holding a position in axa otc 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 Axa SA.
Axa SA ADR OTC Stock Volatility Analysis
Volatility refers to the frequency at which Axa SA otc price increases or decreases within a specified period. These fluctuations usually indicate the level of risk that's associated with Axa SA's price changes. Investors will then calculate the volatility of Axa SA's otc stock to predict their future moves. A otc that has erratic price changes quickly hits new highs, and lows are considered highly volatile. A otc stock with relatively stable price changes has low volatility. A highly volatile otc 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 Axa SA's volatility:
Historical Volatility
This type of otc volatility measures Axa SA's fluctuations based on previous trends. It's commonly used to predict Axa SA's future behavior based on its past. However, it cannot conclusively determine the future direction of the otc stock.Implied Volatility
This type of volatility provides a positive outlook on future price fluctuations for Axa SA's current market price. This means that the otc will return to its initially predicted market price. This type of volatility can be derived from derivative instruments written on Axa SA's to be redeemed at a future date.Transformation |
We are not able to run technical analysis function on this symbol. We either do not have that equity or its historical data is not available at this time. Please try again later.
Axa SA Projected Return Density Against Market
Assuming the 90 days horizon Axa SA has a beta of 0.0987 . This suggests as returns on the market go up, Axa SA average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Axa SA ADR 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 Axa SA or Insurance 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 Axa SA's price will be affected by overall otc 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 Axa otc'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.
Axa SA ADR has an alpha of 0.1271, implying that it can generate a 0.13 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta). Predicted Return Density |
| Returns |
What Drives an Axa SA Price Volatility?
Several factors can influence a otc'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.Axa SA OTC Stock Risk Measures
Assuming the 90 days horizon the coefficient of variation of Axa SA is 2338.96. The daily returns are distributed with a variance of 0.47 and standard deviation of 0.69. The mean deviation of Axa SA ADR is currently at 0.53. For similar time horizon, the selected benchmark (NYSE Composite) has volatility of 0.61
α | Alpha over NYSE Composite | 0.13 | |
β | Beta against NYSE Composite | 0.1 | |
σ | Overall volatility | 0.69 | |
Ir | Information ratio | 0.07 |
Axa SA OTC Stock Return Volatility
Axa SA historical daily return volatility represents how much of Axa SA otc's daily returns swing around its mean - it is a statistical measure of its dispersion of returns. The company shows 0.6874% volatility of returns over 90 . By contrast, NYSE Composite accepts 0.6179% volatility on return distribution over the 90 days horizon. Performance |
| Timeline |
About Axa SA Volatility
Volatility is a rate at which the price of Axa SA 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 Axa SA may increase or decrease. In other words, similar to Axa's beta indicator, it measures the risk of Axa SA and helps estimate the fluctuations that may happen in a short period of time. So if prices of Axa SA 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.AXA SA, through its subsidiaries, provides insurance, asset management, and banking services worldwide. The company was founded in 1852 and is based in Paris, France. Axa Sa is traded on OTC Exchange in the United States.
Axa SA'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 Axa OTC Stock over a specified period of time, often expressed as the standard deviation of daily returns. In other words, it measures how much Axa SA's price varies over time.
3 ways to utilize Axa SA's volatility to invest better
Higher Axa SA's stock volatility means that the price of its stock is changing rapidly and unpredictably, while lower stock volatility indicates that the price of Axa SA ADR 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. Axa SA ADR 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 Axa SA ADR investment. A higher volatility means higher risk and potentially larger changes in value.
- Identifying Opportunities: High volatility in Axa SA'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 Axa SA's stock relates to your other investments can help you create a well-diversified portfolio of assets with varying levels of risk.
Axa SA Investment Opportunity
Axa SA ADR has a volatility of 0.69 and is 1.11 times more volatile than NYSE Composite. 6 percent of all equities and portfolios are less risky than Axa SA. You can use Axa SA ADR to enhance the returns of your portfolios. The otc stock experiences a normal upward fluctuation. Check odds of Axa SA to be traded at $35.28 in 90 days.Significant diversification
The correlation between Axa SA ADR and NYA is 0.07 (i.e., Significant diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Axa SA ADR and NYA in the same portfolio, assuming nothing else is changed.
Axa SA Additional Risk Indicators
The analysis of Axa SA'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 Axa SA's investment and either accepting that risk or mitigating it. Along with some common measures of Axa SA otc 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 | 0.1041 | |||
| Market Risk Adjusted Performance | 1.37 | |||
| Mean Deviation | 0.66 | |||
| Semi Deviation | 0.6438 | |||
| Downside Deviation | 0.8452 | |||
| Coefficient Of Variation | 605.26 | |||
| Standard Deviation | 0.8751 |
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential otc stocks, we recommend comparing similar otcs with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.
Axa SA 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.
| Microsoft vs. Axa SA | ||
| Salesforce vs. Axa SA | ||
| Dupont De vs. Axa SA | ||
| Citigroup vs. Axa SA | ||
| Bank of America vs. Axa SA | ||
| Ford vs. Axa SA | ||
| Walker Dunlop vs. Axa SA | ||
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 Axa SA 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. Axa SA'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, Axa SA'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 Axa SA ADR.
Check out Trending Equities to better understand how to build diversified portfolios. Also, note that the market value of any otc stock could be tightly coupled with the direction of predictive economic indicators such as signals in rate. Note that the Axa SA ADR information on this page should be used as a complementary analysis to other Axa SA's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the ETF Categories module to list of ETF categories grouped based on various criteria, such as the investment strategy or type of investments.
Other Consideration for investing in Axa OTC Stock
If you are still planning to invest in Axa SA ADR check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Axa SA's history and understand the potential risks before investing.
| Portfolio Manager State of the art Portfolio Manager to monitor and improve performance of your invested capital | |
| Portfolio Diagnostics Use generated alerts and portfolio events aggregator to diagnose current holdings | |
| Risk-Return Analysis View associations between returns expected from investment and the risk you assume | |
| Efficient Frontier Plot and analyze your portfolio and positions against risk-return landscape of the market. | |
| Top Crypto Exchanges Search and analyze digital assets across top global cryptocurrency exchanges | |
| Sectors List of equity sectors categorizing publicly traded companies based on their primary business activities | |
| Price Exposure Probability Analyze equity upside and downside potential for a given time horizon across multiple markets | |
| Portfolio File Import Quickly import all of your third-party portfolios from your local drive in csv format |