Caris Life Sciences Stock Volatility
| CAI Stock | USD 19.53 1.32 6.33% |
Caris Life Sciences secures Sharpe Ratio (or Efficiency) of -0.12, which signifies that the company had a -0.12 % return per unit of risk over the last 3 months. Caris Life Sciences exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Caris Life's Risk Adjusted Performance of (0.06), standard deviation of 2.95, and Mean Deviation of 2.14 to double-check the risk estimate we provide.
Sharpe Ratio = -0.124
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| Negative Returns | CAI |
Based on monthly moving average Caris Life is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Caris Life by adding Caris Life to a well-diversified portfolio.
Key indicators related to Caris Life's volatility include:90 Days Market Risk | Chance Of Distress | 90 Days Economic Sensitivity |
Caris Life 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 Caris daily returns, and it is calculated using variance and standard deviation. We also use Caris's beta, its sensitivity to the market, as well as its odds of financial distress to provide a more practical estimation of Caris Life volatility.
ESG Sustainability
While most ESG disclosures are voluntary, Caris Life's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Caris Life's managers and investors.Environmental | Governance | Social |
Downward market volatility can be a perfect environment for investors who play the long game. Here, they may decide to buy additional stocks of Caris Life at lower prices. For example, an investor can purchase Caris 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. Main indicators related to Caris Life's market risk premium analysis include:
Beta 0.73 | Alpha (0.32) | Risk 3.02 | Sharpe Ratio (0.12) | Expected Return (0.37) |
Moving together with Caris Stock
Moving against Caris Stock
| 0.82 | WSO-B | Watsco Inc | PairCorr |
| 0.71 | FERG | Ferguson Plc | PairCorr |
| 0.68 | 0HIT | Iberdrola Earnings Call This Week | PairCorr |
| 0.66 | FAST | Fastenal | PairCorr |
| 0.65 | DNOW | Now Inc | PairCorr |
| 0.64 | WLFC | Willis Lease Finance | PairCorr |
| 0.59 | DXPE | DXP Enterprises | PairCorr |
| 0.58 | RXL | Rexel SA | PairCorr |
| 0.45 | BXC | BlueLinx Holdings Earnings Call This Week | PairCorr |
| 0.44 | AL | Air Lease | PairCorr |
Caris Life Market Sensitivity And Downside Risk
Caris Life's beta coefficient measures the volatility of Caris 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 Caris stock's returns against your selected market. In other words, Caris Life's beta of 0.73 provides an investor with an approximation of how much risk Caris Life stock can potentially add to one of your existing portfolios. Caris Life Sciences exhibits very low volatility with skewness of -0.71 and kurtosis of 1.96. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Caris Life'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 Caris Life'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 Caris Life Sciences Demand TrendCheck current 90 days Caris Life correlation with market (Dow Jones Industrial)Caris Life Volatility and Downside Risk
Caris 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.
Using Caris Put Option to Manage Risk
Put options written on Caris Life grant holders of the option the right to sell a specified amount of Caris Life at a specified price within a specified time frame. The put buyer has a limited loss and, while not fully unlimited gains, as the price of Caris Stock cannot fall below zero, the put buyer does gain as the price drops. So, one way investors can hedge Caris Life's position is by buying a put option against it. The put option used this way is usually referred to as insurance. If an undesired outcome occurs and loss on holding Caris Life will be realized, the loss incurred will be offset by the profits made with the option trade.
Caris Life's PUT expiring on 2026-04-17
Profit |
| Caris Life Price At Expiration |
Current Caris Life Insurance Chain
| Delta | Gamma | Open Int | Expiration | Current Spread | Last Price | |||
Put | CAI260417P00012500 | -0.169443 | 0.015346 | 1 | 2026-04-17 | 0.0 - 2.35 | 0.0 | View |
Put | CAI260417P00015000 | -0.228535 | 0.025121 | 3 | 2026-04-17 | 0.0 - 2.25 | 0.0 | View |
Put | CAI260417P00017500 | -0.314216 | 0.032492 | 145 | 2026-04-17 | 0.0 - 3.1 | 0.0 | View |
Put | CAI260417P00020000 | -0.466239 | 0.067948 | 195 | 2026-04-17 | 2.0 - 3.9 | 0.0 | View |
Put | CAI260417P00022500 | -0.637942 | 0.06886 | 38 | 2026-04-17 | 2.6 - 5.5 | 0.0 | View |
Put | CAI260417P00025000 | -0.748108 | 0.055033 | 69 | 2026-04-17 | 4.4 - 7.9 | 0.0 | View |
Put | CAI260417P00030000 | -0.830859 | 0.034756 | 64 | 2026-04-17 | 9.6 - 12.3 | 0.0 | View |
Put | CAI260417P00035000 | -0.842581 | 0.026421 | 7 | 2026-04-17 | 14.1 - 17.9 | 0.0 | View |
Put | CAI260417P00045000 | -0.905348 | 0.016448 | 2 | 2026-04-17 | 24.0 - 27.5 | 0.0 | View |
Caris Life Sciences Stock Volatility Analysis
Volatility refers to the frequency at which Caris Life stock price increases or decreases within a specified period. These fluctuations usually indicate the level of risk that's associated with Caris Life's price changes. Investors will then calculate the volatility of Caris Life'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 Caris Life's volatility:
Historical Volatility
This type of stock volatility measures Caris Life's fluctuations based on previous trends. It's commonly used to predict Caris Life'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 Caris Life'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 Caris Life'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. Caris Life Sciences 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.
Caris Life Projected Return Density Against Market
Considering the 90-day investment horizon Caris Life has a beta of 0.7291 suggesting as returns on the market go up, Caris Life average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Caris Life Sciences 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 Caris Life or Trading Companies & Distributors 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 Caris Life'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 Caris 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.
Predicted Return Density |
| Returns |
What Drives a Caris Life 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 investor attention to the company. This positive attention may impact the company's stock price. In contrast, product recalls and data breaches may negatively influence a company's stock prices.Caris Life Stock Risk Measures
Considering the 90-day investment horizon the coefficient of variation of Caris Life is -806.6. The daily returns are distributed with a variance of 9.14 and standard deviation of 3.02. The mean deviation of Caris Life Sciences is currently at 2.24. For similar time horizon, the selected benchmark (Dow Jones Industrial) has volatility of 0.76
α | Alpha over Dow Jones | -0.32 | |
β | Beta against Dow Jones | 0.73 | |
σ | Overall volatility | 3.02 | |
Ir | Information ratio | -0.12 |
Caris Life Stock Return Volatility
Caris Life historical daily return volatility represents how much of Caris Life stock's daily returns swing around its mean - it is a statistical measure of its dispersion of returns. The firm has volatility of 3.0234% on return distribution over 90 days investment horizon. By contrast, Dow Jones Industrial accepts 0.746% volatility on return distribution over the 90 days horizon. Performance |
| Timeline |
Related Correlations Analysis
Correlation Matchups
Over a given time period, the two securities move together when the Correlation Coefficient is positive. Conversely, the two assets move in opposite directions when the Correlation Coefficient is negative. Determining your positions' relationship to each other is valuable for analyzing and projecting your portfolio's future expected return and risk.High positive correlations
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Risk-Adjusted Indicators
There is a big difference between Caris Stock performing well and Caris Life Company doing well as a business compared to the competition. There are so many exceptions to the norm that investors cannot definitively determine what's good or bad unless they analyze Caris Life's multiple risk-adjusted performance indicators across the competitive landscape. These indicators are quantitative in nature and help investors forecast volatility and risk-adjusted expected returns across various positions.| Mean Deviation | Jensen Alpha | Sortino Ratio | Treynor Ratio | Semi Deviation | Expected Shortfall | Potential Upside | Value @Risk | Maximum Drawdown | ||
|---|---|---|---|---|---|---|---|---|---|---|
| JAZZ | 1.54 | 0.38 | 0.13 | (0.58) | 1.63 | 2.24 | 25.96 | |||
| RNA | 0.15 | 0.03 | (0.19) | 0.42 | 0.00 | 0.35 | 1.42 | |||
| MRNA | 3.45 | 1.04 | 0.27 | 0.66 | 3.32 | 9.21 | 23.11 | |||
| CYTK | 2.08 | (0.01) | (0.01) | 0.06 | 2.39 | 3.98 | 10.62 | |||
| MDGL | 1.89 | (0.32) | 0.00 | (0.32) | 0.00 | 4.57 | 19.67 | |||
| HALO | 1.78 | (0.01) | (0.01) | 0.05 | 2.49 | 3.72 | 14.21 | |||
| ABVX | 2.94 | 0.32 | 0.07 | 2.39 | 3.30 | 6.29 | 29.38 | |||
| CORT | 3.83 | (1.00) | 0.00 | (0.27) | 0.00 | 6.44 | 54.02 | |||
| RYTM | 2.40 | (0.03) | (0.01) | 0.04 | 2.84 | 4.76 | 18.69 |
About Caris Life Volatility
Volatility is a rate at which the price of Caris Life 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 Caris Life may increase or decrease. In other words, similar to Caris's beta indicator, it measures the risk of Caris Life and helps estimate the fluctuations that may happen in a short period of time. So if prices of Caris Life 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.| Last Reported | Projected for Next Year | ||
| Selling And Marketing Expenses | 170.5 M | 156.3 M |
Caris Life'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 Caris Stock over a specified period of time, often expressed as the standard deviation of daily returns. In other words, it measures how much Caris Life's price varies over time.
3 ways to utilize Caris Life's volatility to invest better
Higher Caris Life's stock volatility means that the price of its stock is changing rapidly and unpredictably, while lower stock volatility indicates that the price of Caris Life Sciences 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. Caris Life Sciences 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 Caris Life Sciences investment. A higher volatility means higher risk and potentially larger changes in value.
- Identifying Opportunities: High volatility in Caris Life'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 Caris Life's stock relates to your other investments can help you create a well-diversified portfolio of assets with varying levels of risk.
Caris Life Investment Opportunity
Caris Life Sciences has a volatility of 3.02 and is 4.03 times more volatile than Dow Jones Industrial. 27 percent of all equities and portfolios are less risky than Caris Life. You can use Caris Life Sciences to protect your portfolios against small market fluctuations. The stock experiences a very speculative upward sentiment. Check odds of Caris Life to be traded at $18.55 in 90 days.Very good diversification
The correlation between Caris Life Sciences and DJI is -0.24 (i.e., Very good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Caris Life Sciences and DJI in the same portfolio, assuming nothing else is changed.
Caris Life Additional Risk Indicators
The analysis of Caris Life'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 Caris Life's investment and either accepting that risk or mitigating it. Along with some common measures of Caris Life 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 | (0.06) | |||
| Market Risk Adjusted Performance | (0.36) | |||
| Mean Deviation | 2.14 | |||
| Coefficient Of Variation | (1,138) | |||
| Standard Deviation | 2.95 | |||
| Variance | 8.67 | |||
| Information Ratio | (0.12) |
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.
Caris Life 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 Caris Life 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. Caris Life'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, Caris Life'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 Caris Life Sciences.
Complementary Tools for Caris Stock analysis
When running Caris Life's price analysis, check to measure Caris Life'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 Caris Life is operating at the current time. Most of Caris Life's value examination focuses on studying past and present price action to predict the probability of Caris Life's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Caris Life's price. Additionally, you may evaluate how the addition of Caris Life to your portfolios can decrease your overall portfolio volatility.
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