Fidelity Stock Volatility

FNF
 Stock
  

USD 36.51  0.89  2.38%   

Fidelity National secures Sharpe Ratio (or Efficiency) of -0.0128, which denotes the company had -0.0128% of return per unit of risk over the last 3 months. Macroaxis standpoint towards predicting the risk of any stock is to look at both systematic and unsystematic factors of the business, including all available market data and technical indicators. Fidelity National Financial exposes twenty-eight different technical indicators, which can help you to evaluate volatility that cannot be diversified away. Please be advised to confirm Fidelity National Mean Deviation of 1.34, downside deviation of 1.77, and Coefficient Of Variation of 4477.32 to check the risk estimate we provide.
  
Fidelity National 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 Fidelity daily returns, and it is calculated using variance and standard deviation. We also use Fidelity's beta, its sensitivity to the market, as well as its odds of financial distress to provide a more practical estimation of Fidelity National volatility.

30 Days Market Risk

Very steady

Chance of Distress

Below Average

30 Days Economic Sensitivity

Almost mirrors the market

Using Fidelity Put Option to Manage Risk

Put options written on Fidelity National grant holders of the option the right to sell a specified amount of Fidelity National 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 Fidelity Stock cannot fall below zero, the put buyer does gain as the price drops. So, one way investors can hedge Fidelity National'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 Fidelity National will be realized, the loss incurred will be offset by the profits made with the option trade.

Fidelity National's PUT expiring on 2022-10-21

   Profit   
Share
       Fidelity National Price At Expiration  

Current Fidelity National Insurance Chain

DeltaGammaOpen IntExpirationCurrent SpreadLast Price
Put
2022-10-21 PUT at $35.0-0.32180.09915982022-10-210.75 - 0.850.95View
Put
2022-10-21 PUT at $40.0-0.8790.0713482022-10-213.6 - 3.84.1View
View All Fidelity National Options

Fidelity National Stock Volatility Analysis

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

Historical Volatility

This type of stock volatility measures Fidelity National's fluctuations based on previous trends. It's commonly used to predict Fidelity National'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 Fidelity National'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 Fidelity National'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. Fidelity National 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.
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Fidelity National Projected Return Density Against Market

Considering the 90-day investment horizon the stock has the beta coefficient of 1.0023 . This usually indicates Fidelity National Financial market returns are highly-sensitive to returns on the market. As the market goes up or down, Fidelity National is expected to follow.
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 Fidelity National 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 Fidelity National'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 Fidelity 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 0.0773, implying that it can generate a 0.0773 percent excess return over DOW after adjusting for the inherited market risk (beta).
   Predicted Return Density   
       Returns  
Fidelity National's volatility is measured either by using standard deviation or beta. Standard deviation will reflect the average amount of how fidelity 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.

What Drives a Fidelity National Price Volatility?

Several factors can influence a Stock'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.

Fidelity National 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 Fidelity National 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 Fidelity National'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 Fidelity 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. Considering the 90-day investment horizon the coefficient of variation of Fidelity National is -7793.46. The daily returns are distributed with a variance of 2.76 and standard deviation of 1.66. The mean deviation of Fidelity National Financial is currently at 1.28. For similar time horizon, the selected benchmark (DOW) has volatility of 1.14
α
Alpha over DOW
0.08
β
Beta against DOW1.00
σ
Overall volatility
1.66
Ir
Information ratio 0.0447

Fidelity National Stock Return Volatility

Fidelity National historical daily return volatility represents how much of Fidelity National stock's daily returns swing around its mean - it is a statistical measure of its dispersion of returns. The firm has volatility of 1.6619% on return distribution over 90 days investment horizon. By contrast, DOW inherits 1.0965% risk (volatility on return distribution) over the 90 days horizon.
 Performance (%) 
       Timeline  

About Fidelity National Volatility

Volatility is a rate at which the price of Fidelity National 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 Fidelity National may increase or decrease. In other words, similar to Fidelity's beta indicator, it measures the risk of Fidelity National and helps estimate the fluctuations that may happen in a short period of time. So if prices of Fidelity National 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.
Fidelity National Financial, Inc., together with its subsidiaries, provides various insurance products in the United States. Fidelity National Financial, Inc. was founded in 1847 and is headquartered in Jacksonville, Florida. Fidelity National operates under InsuranceSpecialty classification in the United States and is traded on New York Stock Exchange. It employs 28290 people.

Fidelity National Investment Opportunity

Fidelity National Financial has a volatility of 1.66 and is 1.51 times more volatile than DOW. 14  of all equities and portfolios are less risky than Fidelity National. Compared to the overall equity markets, volatility of historical daily returns of Fidelity National Financial is lower than 14 () of all global equities and portfolios over the last 90 days. Use Fidelity National Financial to protect your portfolios against small market fluctuations. Benchmarks are essential to demonstrate the utility of optimization algorithms. The stock experiences an unexpected downward movement. The market is reacting to new fundamentals. Check odds of Fidelity National to be traded at $35.05 in 90 days.

Poor diversification

The correlation between Fidelity National Financial and DJI is 0.66 (i.e., Poor diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Fidelity National Financial and DJI in the same portfolio, assuming nothing else is changed.

Fidelity National Additional Risk Indicators

The analysis of Fidelity National'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 Fidelity National's investment and either accepting that risk or mitigating it. Along with some common measures of Fidelity National 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.
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.

Fidelity National 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 Fidelity National 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. Fidelity National'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, Fidelity National'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 Fidelity National Financial.
Please check Investing Opportunities. You can also try Transaction History module to view history of all your transactions and understand their impact on performance.

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When running Fidelity National price analysis, check to measure Fidelity National'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 Fidelity National is operating at the current time. Most of Fidelity National's value examination focuses on studying past and present price action to predict the probability of Fidelity National's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Fidelity National's price. Additionally, you may evaluate how the addition of Fidelity National to your portfolios can decrease your overall portfolio volatility.
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Is Fidelity National's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Fidelity National. If investors know Fidelity will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Fidelity National listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Fidelity National is measured differently than its book value, which is the value of Fidelity that is recorded on the company's balance sheet. Investors also form their own opinion of Fidelity National's value that differs from its market value or its book value, called intrinsic value, which is Fidelity National'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 Fidelity National's market value can be influenced by many factors that don't directly affect Fidelity National'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 Fidelity National's value and its price as these two are different measures arrived at by different means. Investors typically determine Fidelity National value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Fidelity National'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.