Getty Images Holdings Stock Volatility
| GETY Stock | USD 3.45 0.92 21.05% |
Getty Images appears to be relatively risky, given 3 months investment horizon. Getty Images Holdings holds Efficiency (Sharpe) Ratio of 0.0732, which attests that the entity had a 0.0732% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Getty Images Holdings, which you can use to evaluate the volatility of the firm. Please utilize Getty Images' Market Risk Adjusted Performance of 0.1353, risk adjusted performance of 0.0453, and Downside Deviation of 5.23 to validate if our risk estimates are consistent with your expectations. Key indicators related to Getty Images' volatility include:
60 Days Market Risk | Chance Of Distress | 60 Days Economic Sensitivity |
Getty Images 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 Getty daily returns, and it is calculated using variance and standard deviation. We also use Getty's beta, its sensitivity to the market, as well as its odds of financial distress to provide a more practical estimation of Getty Images volatility.
Getty |
ESG Sustainability
While most ESG disclosures are voluntary, Getty Images' sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Getty Images' managers and investors.Environmental | Governance | Social |
Since volatility provides investors with entry points to take advantage of stock prices, companies, such as Getty Images 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 Getty Images at lower prices. For example, an investor can purchase Getty 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 Getty Images' 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 Getty Stock
| 0.67 | TC | TuanChe ADR | PairCorr |
| 0.63 | EVER | EverQuote Class A | PairCorr |
| 0.52 | FENG | Phoenix New Media Earnings Call This Week | PairCorr |
| 0.43 | DOYU | DouYu International | PairCorr |
| 0.38 | OB | Outbrain | PairCorr |
| 0.32 | MNY | MoneyHero Limited Class | PairCorr |
Getty Images Market Sensitivity And Downside Risk
Getty Images' beta coefficient measures the volatility of Getty 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 Getty stock's returns against your selected market. In other words, Getty Images's beta of 1.38 provides an investor with an approximation of how much risk Getty Images stock can potentially add to one of your existing portfolios. Getty Images Holdings exhibits above-average semi-deviation for your current time horizon. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Getty Images' stock risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact Getty Images' 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 Getty Images Holdings Demand TrendCheck current 90 days Getty Images correlation with market (Dow Jones Industrial)Getty Beta |
Getty 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 | 3.61 |
It is essential to understand the difference between upside risk (as represented by Getty Images's standard deviation) and the downside risk, which can be measured by semi-deviation or downside deviation of Getty Images' daily returns or price. Since the actual investment returns on holding a position in getty 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 Getty Images.
Getty Images Holdings Stock Volatility Analysis
Volatility refers to the frequency at which Getty Images stock price increases or decreases within a specified period. These fluctuations usually indicate the level of risk that's associated with Getty Images' price changes. Investors will then calculate the volatility of Getty Images' 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 Getty Images' volatility:
Historical Volatility
This type of stock volatility measures Getty Images' fluctuations based on previous trends. It's commonly used to predict Getty Images' 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 Getty Images' 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 Getty Images' 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. Getty Images Holdings 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.
Getty Images Projected Return Density Against Market
Given the investment horizon of 90 days the stock has the beta coefficient of 1.3751 . This usually indicates as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Getty Images will likely underperform.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 Getty Images or Interactive Media & Services 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 Getty Images' 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 Getty 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.
Getty Images Holdings 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 Getty Images 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.Getty Images Stock Risk Measures
Given the investment horizon of 90 days the coefficient of variation of Getty Images is 1365.66. The daily returns are distributed with a variance of 13.01 and standard deviation of 3.61. The mean deviation of Getty Images Holdings is currently at 2.05. For similar time horizon, the selected benchmark (Dow Jones Industrial) has volatility of 0.76
α | Alpha over Dow Jones | -0.05 | |
β | Beta against Dow Jones | 1.38 | |
σ | Overall volatility | 3.61 | |
Ir | Information ratio | 0 |
Getty Images Stock Return Volatility
Getty Images historical daily return volatility represents how much of Getty Images stock's daily returns swing around its mean - it is a statistical measure of its dispersion of returns. The company inherits 3.6072% risk (volatility on return distribution) over the 90 days horizon. By contrast, Dow Jones Industrial accepts 0.7621% volatility on return distribution over the 90 days horizon. Performance |
| Timeline |
About Getty Images Volatility
Volatility is a rate at which the price of Getty Images 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 Getty Images may increase or decrease. In other words, similar to Getty's beta indicator, it measures the risk of Getty Images and helps estimate the fluctuations that may happen in a short period of time. So if prices of Getty Images 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 | 48.5 M | 56.9 M | |
| Market Cap | 1.9 B | 1.7 B |
Getty Images' 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 Getty Stock over a specified period of time, often expressed as the standard deviation of daily returns. In other words, it measures how much Getty Images' price varies over time.
3 ways to utilize Getty Images' volatility to invest better
Higher Getty Images' stock volatility means that the price of its stock is changing rapidly and unpredictably, while lower stock volatility indicates that the price of Getty Images Holdings 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. Getty Images Holdings 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 Getty Images Holdings investment. A higher volatility means higher risk and potentially larger changes in value.
- Identifying Opportunities: High volatility in Getty Images' 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 Getty Images' stock relates to your other investments can help you create a well-diversified portfolio of assets with varying levels of risk.
Getty Images Investment Opportunity
Getty Images Holdings has a volatility of 3.61 and is 4.75 times more volatile than Dow Jones Industrial. 32 percent of all equities and portfolios are less risky than Getty Images. You can use Getty Images Holdings to protect your portfolios against small market fluctuations. The stock experiences a very speculative upward sentiment. Check odds of Getty Images to be traded at $3.28 in 90 days.Modest diversification
The correlation between Getty Images Holdings and DJI is 0.28 (i.e., Modest diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Getty Images Holdings and DJI in the same portfolio, assuming nothing else is changed.
Getty Images Additional Risk Indicators
The analysis of Getty Images' 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 Getty Images' investment and either accepting that risk or mitigating it. Along with some common measures of Getty Images 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 | 0.0453 | |||
| Market Risk Adjusted Performance | 0.1353 | |||
| Mean Deviation | 2.18 | |||
| Semi Deviation | 4.89 | |||
| Downside Deviation | 5.23 | |||
| Coefficient Of Variation | 2033.56 | |||
| Standard Deviation | 3.71 |
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.
Getty Images 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 Getty Images 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. Getty Images' 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, Getty Images' 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 Getty Images Holdings.
Additional Tools for Getty Stock Analysis
When running Getty Images' price analysis, check to measure Getty Images' 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 Getty Images is operating at the current time. Most of Getty Images' value examination focuses on studying past and present price action to predict the probability of Getty Images' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Getty Images' price. Additionally, you may evaluate how the addition of Getty Images to your portfolios can decrease your overall portfolio volatility.