# SGBLY OTC Stock Volatility

SGBLY | - USA Stock | ## USD 9.29 0.20 2.11% |

Std Bk appears to be not too volatile, given 3 months investment horizon. Std Bk Grp owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0969, which indicates the firm had 0.0969% of return per unit of risk over the last 3 months. Our standpoint towards measuring the volatility of a stock is to use all available market data together with stock-specific technical indicators that cannot be diversified away. We have found twenty-eight technical indicators for Std Bk Grp, which you can use to evaluate the future volatility of the company. Please review Std Bk's Coefficient Of Variation of 946.33, semi deviation of 2.16, and Risk Adjusted Performance of 0.0809 to confirm if our risk estimates are consistent with your expectations.

## SGBLY Volatility | SGBLY |

Std Bk 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 SGBLY daily returns, and it is calculated using variance and standard deviation. We also use SGBLY's beta, its sensitivity to the market, as well as its odds of financial distress to provide a more practical estimation of Std Bk volatility.

### 720 Days Market Risk

### Chance of Distress

### 720 Days Economic Sensitivity

Since volatility provides investors with entry points to take advantage of stock prices, companies, such as Std Bk 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 Std Bk at lower prices. For example, an investor can purchase SGBLY 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 Std Bk'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.

## Std Bk Market Sensitivity And Downside Risk

Std Bk's beta coefficient measures the volatility of SGBLY otc stock compared to the systematic risk of the entire stock 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 SGBLY otc stock's returns against your selected market. In other words, Std Bk's beta of -0.0722 provides an investor with an approximation of how much risk Std Bk otc stock can potentially add to one of your existing portfolios.

Let's try to break down what SGBLY's beta means in this case. As returns on the market increase, returns on owning Std Bk are expected to decrease at a much lower rate. During the bear market, Std Bk is likely to outperform the market. 3 Months Beta |Analyze Std Bk Grp Demand TrendCheck current 90 days Std Bk correlation with market (DOW)

SGBLY standard deviation measures the daily dispersion of prices over your selected time horizon relative to its mean. Typical volatile equity 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.

## SGBLY Beta |

## Standard Deviation | 2.04 |

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

## Std Bk Grp OTC Stock Volatility Analysis

Volatility refers to the frequency at which Std Bk stock price increases or decreases within a specified period. These fluctuations usually indicate the level of risk that's associated with Std Bk's price changes. Investors will then calculate the volatility of Std Bk'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 Std Bk's volatility:### Historical Volatility

This type of stock volatility measures Std Bk's fluctuations based on previous trends. It's commonly used to predict Std Bk'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 Std Bk's current market price. This means that the stock will return to its initially predicted market price.Transformation |

The output start index for this execution was zero with a total number of output elements of sixty-one. Std Bk Grp 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. View also all equity analysis or get more info about average price price transform indicator.

## Std Bk Projected Return Density Against Market

Assuming the 90 days horizon Std Bk Grp has a beta of -0.0722 . This usually implies as returns on benchmark increase, returns on holding Std Bk are expected to decrease at a much lower rate. During the bear market, however, Std Bk Grp is likely to outperform the market.

Std Bk's volatility is measured either by using standard deviation or beta. Standard deviation will reflect the average amount of how Std Bk stock'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. 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 Std Bk or Financial 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 Std Bk stock'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 SGBLY 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.

The company has an alpha of 0.2172, implying that it can generate a 0.22 percent excess return over DOW after adjusting for the inherited market risk (beta). Predicted Return Density |

Returns |

## What Drives a Company's Stock Price Volatility?

Several factors can influence a company's stock 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.## Std Bk OTC Stock Risk Measures

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 Std Bk or Financial 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 Std Bk stock'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 SGBLY 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.

Assuming the 90 days horizon the coefficient of variation of Std Bk is 1031.48. The daily returns are distributed with a variance of 4.15 and standard deviation of 2.04. The mean deviation of Std Bk Grp is currently at 1.57. For similar time horizon, the selected benchmark (DOW) has volatility of 0.7

α | Alpha over DOW | 0.22 | |

β | Beta against DOW | -0.07 | |

σ | Overall volatility | 2.04 | |

Ir | Information ratio | 0.09 |

## Std Bk OTC Stock Return Volatility

Std Bk historical daily return volatility represents how much Std Bk stock's price daily returns swing around its mean daily price change - it is a statistical measure of its dispersion of returns. The company shows 2.0383% volatility of returns over 90 . By contrast, DOW inherits 0.709% risk (volatility on return distribution) over the 90 days horizon.

Performance (%) |

Timeline |

## About Std Bk Volatility

Volatility is a rate at which the price of Std Bk 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 Std Bk may increase or decrease. In other words, similar to SGBLY's beta indicator, it measures the risk of Std Bk and helps estimate the fluctuations that may happen in a short period of time. So if prices of Std Bk 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.Standard Bank Group Limited, together with its subsidiaries, offers banking and financial products and services. Standard Bank Group Limited was founded in 1862 and is based in Johannesburg, South Africa. Std Bk operates under BanksRegional classification in the United States and is traded on OTC Exchange. It employs 50115 people.## Std Bk Investment Opportunity

Std Bk Grp has a volatility of 2.04 and is 2.87 times more volatile than DOW.

**17**of all equities and portfolios are less risky than Std Bk. Compared to the overall equity markets, volatility of historical daily returns of Std Bk Grp is lower than**17 ()**of all global equities and portfolios over the last 90 days. Use Std Bk Grp to protect your portfolios against small market fluctuations. The otc stock experiences an unexpected downward movement. The market is reacting to new fundamentals. Check odds of Std Bk to be traded at $8.92 in 90 days. . Let's try to break down what SGBLY's beta means in this case. As returns on the market increase, returns on owning Std Bk are expected to decrease at a much lower rate. During the bear market, Std Bk is likely to outperform the market.### Good diversification

The correlation between Std Bk Grp and DJI is

**Good diversification**for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Std Bk Grp and DJI in the same portfolio assuming nothing else is changed.## Std Bk Additional Risk Indicators

The analysis of Std Bk'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 Std Bk's investment and either accepting that risk or mitigating it. Along with some common measures of Std Bk stock 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 | 0.0809 | |||

Market Risk Adjusted Performance | (2.98) | |||

Mean Deviation | 1.62 | |||

Semi Deviation | 2.16 | |||

Downside Deviation | 2.37 | |||

Coefficient Of Variation | 946.33 | |||

Standard Deviation | 2.14 |

Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential stock investments, we recommend comparing similar equities with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.

## Std Bk 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 Std Bk 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. Std Bk'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, Std Bk'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 Std Bk Grp.

Additionally, take a look at World Market Map. Note that the Std Bk Grp information on this page should be used as a complementary analysis to other Std Bk'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 My Watchlist Analysis module to analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like.

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When running Std Bk Grp price analysis, check to measure Std Bk'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 Std Bk is operating at the current time. Most of Std Bk's value examination focuses on studying past and present price action to predict the probability of Std Bk's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Std Bk's price. Additionally, you may evaluate how the addition of Std Bk to your portfolios can decrease your overall portfolio volatility.

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The market value of Std Bk Grp is measured differently than its book value, which is the value of SGBLY that is recorded on the company's balance sheet. Investors also form their own opinion of Std Bk's value that differs from its market value or its book value, called intrinsic value, which is Std Bk's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Std Bk's market value can be influenced by many factors that don't directly affect Std Bk's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.

Please note, there is a significant difference between Std Bk's value and its price as these two are different measures arrived at by different means. Investors typically determine Std Bk value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Std Bk's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.