Sentinelone Stock Volatility

S
 Stock
  

USD 23.48  0.15  0.64%   

Sentinelone Inc 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. Macroaxis standpoint towards measuring 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. Sentinelone Inc Cl exposes twenty-one different technical indicators, which can help you to evaluate volatility that cannot be diversified away. Please be advised to validate Sentinelone Inc risk adjusted performance of (0.14), and Coefficient Of Variation of (944.68) to confirm the risk estimate we provide.
  
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Sentinelone Inc 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 Sentinelone daily returns, and it is calculated using variance and standard deviation. We also use Sentinelone's beta, its sensitivity to the market, as well as its odds of financial distress to provide a more practical estimation of Sentinelone Inc volatility.

60 Days Market Risk

Not too volatile

Chance of Distress

Close to Average

60 Days Economic Sensitivity

Hyperactively responds to market trends
Since volatility provides investors with entry points to take advantage of stock prices, companies, such as Sentinelone Inc 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 Sentinelone Inc at lower prices. For example, an investor can purchase Sentinelone 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 Sentinelone Inc'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 Sentinelone Inc

0.78LBRDKLiberty Broadbd CPairCorr
0.77SBACSBA CommunicationsPairCorr
0.79TDSTelephone And DataPairCorr

Moving against Sentinelone Inc

0.7TATT IncPairCorr

Sentinelone Inc Market Sensitivity And Downside Risk

Sentinelone Inc's beta coefficient measures the volatility of Sentinelone 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 Sentinelone stock's returns against your selected market. In other words, Sentinelone Inc's beta of 2.27 provides an investor with an approximation of how much risk Sentinelone Inc stock can potentially add to one of your existing portfolios.
Let's try to break down what Sentinelone's beta means in this case. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Sentinelone Inc will likely underperform.
3 Months Beta |Analyze Sentinelone Inc Demand Trend
Check current 90 days Sentinelone Inc correlation with market (DOW)

Sentinelone Beta

    
  2.27  
Sentinelone 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

    
  6.15  
It is essential to understand the difference between upside risk (as represented by Sentinelone Inc's standard deviation) and the downside risk, which can be measured by semi-deviation or downside deviation of Sentinelone Inc stock's daily returns or price. Since the actual investment returns on holding a position in Sentinelone Inc 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 Sentinelone Inc.

Sentinelone Inc Implied Volatility

    
  85.34  
Sentinelone Inc's implied volatility exposes the market's sentiment of Sentinelone Inc Cl stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Sentinelone Inc's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that Sentinelone Inc stock will not fluctuate a lot when Sentinelone Inc's options are near their expiration.

Sentinelone Inc Stock Volatility Analysis

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

Historical Volatility

This type of stock volatility measures Sentinelone Inc's fluctuations based on previous trends. It's commonly used to predict Sentinelone Inc'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 Sentinelone Inc'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. Developed by Larry Williams, the Weighted Close is the average of Sentinelone Inc high, low and close of a chart with the close values weighted twice. It can be used to smooth an indicator that normally takes only Sentinelone Inc closing price as input.
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Sentinelone Inc Projected Return Density Against Market

Taking into account the 90-day investment horizon the stock has the beta coefficient of 2.2729 . This usually implies as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Sentinelone Inc 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 Sentinelone Inc or Technology 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 Sentinelone Inc 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 Sentinelone 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 a negative alpha, implying that the risk taken by holding this instrument is not justified. Sentinelone Inc is significantly underperforming DOW.
 Predicted Return Density 
      Returns 
Sentinelone Inc's volatility is measured either by using standard deviation or beta. Standard deviation will reflect the average amount of how Sentinelone Inc 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 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.

Sentinelone Inc 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 Sentinelone Inc or Technology 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 Sentinelone Inc 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 Sentinelone 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.
Taking into account the 90-day investment horizon the coefficient of variation of Sentinelone Inc is -1032.06. The daily returns are distributed with a variance of 37.76 and standard deviation of 6.14. The mean deviation of Sentinelone Inc Cl is currently at 4.92. For similar time horizon, the selected benchmark (DOW) has volatility of 1.42
α
Alpha over DOW
-0.22
β
Beta against DOW2.27
σ
Overall volatility
6.14
Ir
Information ratio -0.08

Sentinelone Inc Stock Return Volatility

Sentinelone Inc historical daily return volatility represents how much Sentinelone Inc stock's price daily returns swing around its mean daily price change - it is a statistical measure of its dispersion of returns. The enterprise accepts 6.145% volatility on return distribution over the 90 days horizon. By contrast, DOW inherits 1.449% risk (volatility on return distribution) over the 90 days horizon.
 Performance (%) 
      Timeline 

About Sentinelone Inc Volatility

Volatility is a rate at which the price of Sentinelone Inc 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 Sentinelone Inc may increase or decrease. In other words, similar to Sentinelone's beta indicator, it measures the risk of Sentinelone Inc and helps estimate the fluctuations that may happen in a short period of time. So if prices of Sentinelone Inc 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 ReportedProjected for 2022
Market Capitalization48.6 B39.7 B
SentinelOne, Inc. operates as a cybersecurity provider in the United States and internationally. SentinelOne, Inc. was incorporated in 2013 and is headquartered in Mountain View, California. Sentinelone Inc operates under SoftwareInfrastructure classification in the United States and is traded on New York Stock Exchange. It employs 1400 people.

Sentinelone Inc Investment Opportunity

Sentinelone Inc Cl has a volatility of 6.15 and is 4.24 times more volatile than DOW. 53  of all equities and portfolios are less risky than Sentinelone Inc. Compared to the overall equity markets, volatility of historical daily returns of Sentinelone Inc Cl is higher than 53 () of all global equities and portfolios over the last 90 days. Use Sentinelone Inc Cl to enhance the returns of your portfolios. The stock experiences a moderate upward volatility. Check odds of Sentinelone Inc to be traded at $25.83 in 90 days. . Let's try to break down what Sentinelone's beta means in this case. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Sentinelone Inc will likely underperform.

Very weak diversification

The correlation between Sentinelone Inc Cl and DJI is Very weak diversification for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Sentinelone Inc Cl and DJI in the same portfolio, assuming nothing else is changed.

Sentinelone Inc Additional Risk Indicators

The analysis of Sentinelone Inc'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 Sentinelone Inc's investment and either accepting that risk or mitigating it. Along with some common measures of Sentinelone Inc 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(0.14)
Market Risk Adjusted Performance(0.28)
Mean Deviation4.92
Coefficient Of Variation(944.68)
Standard Deviation6.12
Variance37.39
Information Ratio(0.08)
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.

Sentinelone Inc 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.
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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 Sentinelone Inc 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. Sentinelone Inc'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, Sentinelone Inc'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 Sentinelone Inc Cl.
Additionally, take a look at World Market Map. Note that the Sentinelone Inc information on this page should be used as a complementary analysis to other Sentinelone Inc'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 Performance Analysis module to check effects of mean-variance optimization against your current asset allocation.

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When running Sentinelone Inc price analysis, check to measure Sentinelone Inc'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 Sentinelone Inc is operating at the current time. Most of Sentinelone Inc's value examination focuses on studying past and present price action to predict the probability of Sentinelone Inc's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Sentinelone Inc's price. Additionally, you may evaluate how the addition of Sentinelone Inc to your portfolios can decrease your overall portfolio volatility.
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Is Sentinelone Inc'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 Sentinelone Inc. If investors know Sentinelone 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 Sentinelone Inc listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Market Capitalization
6.6 B
Quarterly Revenue Growth YOY
1.09
Return On Assets
-0.14
Return On Equity
-0.3
The market value of Sentinelone Inc is measured differently than its book value, which is the value of Sentinelone that is recorded on the company's balance sheet. Investors also form their own opinion of Sentinelone Inc's value that differs from its market value or its book value, called intrinsic value, which is Sentinelone Inc'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 Sentinelone Inc's market value can be influenced by many factors that don't directly affect Sentinelone Inc'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 Sentinelone Inc's value and its price as these two are different measures arrived at by different means. Investors typically determine Sentinelone Inc value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Sentinelone Inc'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.