Gx Nasdaq-100 Etf Volatility

QYLD
 Etf
  

USD 16.42  0.03  0.18%   

Gx Nasdaq-100 Covered retains Efficiency (Sharpe Ratio) of -0.0088, which attests that the entity had -0.0088% of return per unit of price deviation over the last 3 months. Macroaxis approach into determining the risk of any etf is to look at both systematic and unsystematic factors of the business, including all available market data and technical indicators. Gx Nasdaq-100 exposes twenty-seven different technical indicators, which can help you to evaluate volatility that cannot be diversified away. Please be advised to check out Gx Nasdaq-100 Covered standard deviation of 1.42, and Market Risk Adjusted Performance of (0.07) to validate the risk estimate we provide.
  
Gx Nasdaq-100 Etf 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 Gx Nasdaq-100 daily returns, and it is calculated using variance and standard deviation. We also use Gx Nasdaq-100's beta, its sensitivity to the market, as well as its odds of financial distress to provide a more practical estimation of Gx Nasdaq-100 volatility.

720 Days Market Risk

Very steady

Chance of Distress

Close to Average

720 Days Economic Sensitivity

Follows the market closely
Since volatility provides investors with entry points to take advantage of stock prices, companies, such as Gx Nasdaq-100 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 Gx Nasdaq-100 at lower prices. For example, an investor can purchase Gx Nasdaq-100 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 Gx Nasdaq-100'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 Gx Nasdaq-100

+0.96VTITotal Stock MarketPairCorr
+0.96SPYSP 500 SPDRPairCorr
+0.96IVVSP 500 IsharesPairCorr
+0.8BNDTotal Bond MarketPairCorr
+0.67VTVVanguard Value ETFPairCorr
+0.93VUGVanguard Growth ETFPairCorr
+0.93VOMidcap ETF VanguardPairCorr

Moving against Gx Nasdaq-100

-0.6FLGECredit Suisse FIPairCorr

Gx Nasdaq-100 Market Sensitivity And Downside Risk

Gx Nasdaq-100's beta coefficient measures the volatility of Gx Nasdaq-100 etf 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 Gx Nasdaq-100 etf's returns against your selected market. In other words, Gx Nasdaq-100's beta of 0.9 provides an investor with an approximation of how much risk Gx Nasdaq-100 etf can potentially add to one of your existing portfolios.
Gx Nasdaq-100 Covered exhibits very low volatility with skewness of -0.51 and kurtosis of 2.17. However, we advise investors to further study Gx Nasdaq-100 Covered technical indicators to ensure that all market info is available and is reliable. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Gx Nasdaq-100's etf risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact Gx Nasdaq-100's etf price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different stocks as prices fall.
3 Months Beta |Analyze Gx Nasdaq-100 Covered Demand Trend
Check current 90 days Gx Nasdaq-100 correlation with market (DOW)

Gx Nasdaq-100 Beta

    
  0.9  
Gx Nasdaq-100 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.

Standard Deviation

    
  1.39  
It is essential to understand the difference between upside risk (as represented by Gx Nasdaq-100's standard deviation) and the downside risk, which can be measured by semi-deviation or downside deviation of Gx Nasdaq-100's daily returns or price. Since the actual investment returns on holding a position in gx nasdaq-100 etf 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 Gx Nasdaq-100.

Using Gx Nasdaq-100 Put Option to Manage Risk

Put options written on Gx Nasdaq-100 grant holders of the option the right to sell a specified amount of Gx Nasdaq-100 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 Gx Nasdaq-100 Etf cannot fall below zero, the put buyer does gain as the price drops. So, one way investors can hedge Gx Nasdaq-100'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 Gx Nasdaq-100 will be realized, the loss incurred will be offset by the profits made with the option trade.

Gx Nasdaq-100's PUT expiring on 2022-12-16

   Profit   
Share
       Gx Nasdaq-100 Price At Expiration  

Current Gx Nasdaq-100 Insurance Chain

DeltaGammaOpen IntExpirationCurrent SpreadLast Price
Put
2022-12-16 PUT at $25.0-0.9430.025732022-12-168.2 - 8.78.75View
Put
2022-12-16 PUT at $21.0-0.92950.048122022-12-164.4 - 4.74.6View
Put
2022-12-16 PUT at $18.0-0.88740.148802022-12-161.25 - 1.71.6View
Put
2022-12-16 PUT at $16.0-0.28750.50027212022-12-160.1 - 0.150.06View
View All Gx Nasdaq-100 Options

Gx Nasdaq-100 Covered Etf Volatility Analysis

Volatility refers to the frequency at which Gx Nasdaq-100 etf price increases or decreases within a specified period. These fluctuations usually indicate the level of risk that's associated with Gx Nasdaq-100's price changes. Investors will then calculate the volatility of Gx Nasdaq-100's etf to predict their future moves. A etf that has erratic price changes quickly hits new highs, and lows are considered highly volatile. A etf with relatively stable price changes has low volatility. A highly volatile etf 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 Gx Nasdaq-100's volatility:

Historical Volatility

This type of etf volatility measures Gx Nasdaq-100's fluctuations based on previous trends. It's commonly used to predict Gx Nasdaq-100's future behavior based on its past. However, it cannot conclusively determine the future direction of the etf.

Implied Volatility

This type of volatility provides a positive outlook on future price fluctuations for Gx Nasdaq-100's current market price. This means that the etf will return to its initially predicted market price. This type of volatility can be derived from derivative instruments written on Gx Nasdaq-100'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. The Median Price line plots median indexes of Gx Nasdaq-100 Covered price series.
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Gx Nasdaq-100 Projected Return Density Against Market

Given the investment horizon of 90 days Gx Nasdaq-100 has a beta of 0.8994 indicating Gx Nasdaq-100 Covered market returns are highly-sensitive to returns on the market. As the market goes up or down, Gx Nasdaq-100 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 Gx Nasdaq-100 or Global X Funds 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 Gx Nasdaq-100's price will be affected by overall etf 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 Gx Nasdaq-100 etf'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 a negative alpha, implying that the risk taken by holding this instrument is not justified. Gx Nasdaq-100 Covered is significantly underperforming DOW.
   Predicted Return Density   
       Returns  
Gx Nasdaq-100's volatility is measured either by using standard deviation or beta. Standard deviation will reflect the average amount of how gx nasdaq-100 etf'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 Gx Nasdaq-100 Price Volatility?

Several factors can influence a Etf'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.

Gx Nasdaq-100 Etf 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 Gx Nasdaq-100 or Global X Funds 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 Gx Nasdaq-100's price will be affected by overall etf 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 Gx Nasdaq-100 etf'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. Given the investment horizon of 90 days the coefficient of variation of Gx Nasdaq-100 is -11322.84. The daily returns are distributed with a variance of 1.92 and standard deviation of 1.39. The mean deviation of Gx Nasdaq-100 Covered is currently at 0.98. For similar time horizon, the selected benchmark (DOW) has volatility of 1.41
α
Alpha over DOW
-0.12
β
Beta against DOW0.90
σ
Overall volatility
1.39
Ir
Information ratio -0.09

Gx Nasdaq-100 Etf Return Volatility

Gx Nasdaq-100 historical daily return volatility represents how much of Gx Nasdaq-100 etf's daily returns swing around its mean - it is a statistical measure of its dispersion of returns. The fund inherits 1.3855% risk (volatility on return distribution) over the 90 days horizon. By contrast, DOW inherits 1.3692% risk (volatility on return distribution) over the 90 days horizon.
 Performance (%) 
       Timeline  

About Gx Nasdaq-100 Volatility

Volatility is a rate at which the price of Gx Nasdaq-100 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 Gx Nasdaq-100 may increase or decrease. In other words, similar to Gx Nasdaq-100's beta indicator, it measures the risk of Gx Nasdaq-100 and helps estimate the fluctuations that may happen in a short period of time. So if prices of Gx Nasdaq-100 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.
The fund will invest at least 80 percent of its total assets in the securities of the underlying index. Gx Nasdaq-100 is traded on NASDAQ Exchange in the United States.

Gx Nasdaq-100 Investment Opportunity

Gx Nasdaq-100 Covered has a volatility of 1.39 and is 1.01 times more volatile than DOW. 12  of all equities and portfolios are less risky than Gx Nasdaq-100. Compared to the overall equity markets, volatility of historical daily returns of Gx Nasdaq-100 Covered is lower than 12 () of all global equities and portfolios over the last 90 days. Use Gx Nasdaq-100 Covered to protect your portfolios against small market fluctuations. Benchmarks are essential to demonstrate the utility of optimization algorithms. The etf experiences a normal downward trend and little activity. Check odds of Gx Nasdaq-100 to be traded at $16.26 in 90 days.

Almost no diversification

The correlation between Gx Nasdaq-100 Covered and DJI is 0.9 (i.e., Almost no diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Gx Nasdaq-100 Covered and DJI in the same portfolio, assuming nothing else is changed.

Gx Nasdaq-100 Additional Risk Indicators

The analysis of Gx Nasdaq-100'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 Gx Nasdaq-100's investment and either accepting that risk or mitigating it. Along with some common measures of Gx Nasdaq-100 etf'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 etfs, we recommend comparing similar etfs with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.

Gx Nasdaq-100 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 Gx Nasdaq-100 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. Gx Nasdaq-100'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, Gx Nasdaq-100'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 Gx Nasdaq-100 Covered.
Please see Your Equity Center. You can also try Options Analysis module to analyze and evaluate options and option chains as a potential hedge for your portfolios.

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When running Gx Nasdaq-100 Covered price analysis, check to measure Gx Nasdaq-100'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 Gx Nasdaq-100 is operating at the current time. Most of Gx Nasdaq-100's value examination focuses on studying past and present price action to predict the probability of Gx Nasdaq-100's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Gx Nasdaq-100's price. Additionally, you may evaluate how the addition of Gx Nasdaq-100 to your portfolios can decrease your overall portfolio volatility.
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The market value of Gx Nasdaq-100 Covered is measured differently than its book value, which is the value of Gx Nasdaq-100 that is recorded on the company's balance sheet. Investors also form their own opinion of Gx Nasdaq-100's value that differs from its market value or its book value, called intrinsic value, which is Gx Nasdaq-100'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 Gx Nasdaq-100's market value can be influenced by many factors that don't directly affect Gx Nasdaq-100'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 Gx Nasdaq-100's value and its price as these two are different measures arrived at by different means. Investors typically determine Gx Nasdaq-100 value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Gx Nasdaq-100'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.