Sterling Mutual Fund Volatility

STRAX
 Fund
  

USD 20.62  0.47  2.23%   

Sterling Capital Beh owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0662, which indicates the fund had -0.0662% of return per unit of risk over the last 3 months. Macroaxis standpoint towards measuring the risk of any fund is to look at both systematic and unsystematic factors of the business, including all available market data and technical indicators. Sterling Capital Behavioral exposes twenty-one different technical indicators, which can help you to evaluate volatility that cannot be diversified away. Please be advised to validate Sterling Capital coefficient of variation of (1,088), and Risk Adjusted Performance of (0.10) to confirm the risk estimate we provide.
  
Sterling Capital Mutual Fund 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 Sterling daily returns, and it is calculated using variance and standard deviation. We also use Sterling's beta, its sensitivity to the market, as well as its odds of financial distress to provide a more practical estimation of Sterling Capital volatility.

30 Days Market Risk

Out of control

Chance of Distress

Close to Average

30 Days Economic Sensitivity

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

+0.99VIVIXVanguard Index TrustPairCorr
+0.99VVIAXVanguard Value IndexPairCorr
+0.99VIVAXVanguard Index TrustPairCorr
+0.98DODGXDodge Cox StockPairCorr
+0.98CMLCXAmerican MutualPairCorr
+0.98AMRFXAmerican MutualPairCorr
+0.92RMFHXAmerican MutualPairCorr

Sterling Capital Market Sensitivity And Downside Risk

Sterling Capital's beta coefficient measures the volatility of Sterling mutual fund 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 Sterling mutual fund's returns against your selected market. In other words, Sterling Capital's beta of 0.014 provides an investor with an approximation of how much risk Sterling Capital mutual fund can potentially add to one of your existing portfolios.
Sterling Capital Behavioral exhibits very low volatility with skewness of -0.18 and kurtosis of 0.26. However, we advise investors to further study Sterling Capital Behavioral 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 Sterling Capital's mutual fund risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact Sterling Capital's mutual fund 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 Sterling Capital Beh Demand Trend
Check current 90 days Sterling Capital correlation with market (DOW)

Sterling Beta

    
  0.014  
Sterling 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

    
  1.13  
It is essential to understand the difference between upside risk (as represented by Sterling Capital's standard deviation) and the downside risk, which can be measured by semi-deviation or downside deviation of Sterling Capital's daily returns or price. Since the actual investment returns on holding a position in sterling mutual fund 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 Sterling Capital.

Sterling Capital Beh Mutual Fund Volatility Analysis

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

Historical Volatility

This type of fund volatility measures Sterling Capital's fluctuations based on previous trends. It's commonly used to predict Sterling Capital's future behavior based on its past. However, it cannot conclusively determine the future direction of the mutual fund.

Implied Volatility

This type of volatility provides a positive outlook on future price fluctuations for Sterling Capital's current market price. This means that the fund will return to its initially predicted market price. This type of volatility can be derived from derivative instruments written on Sterling Capital'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 Sterling Capital Beh price series.
.

Sterling Capital Projected Return Density Against Market

Assuming the 90 days horizon Sterling Capital has a beta of 0.014 . This usually implies as returns on the market go up, Sterling Capital average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Sterling Capital Behavioral will be expected to be much smaller as well.
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 Sterling Capital or Sterling Capital 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 Sterling Capital's price will be affected by overall mutual fund 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 Sterling fund'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. Sterling Capital Beh is significantly underperforming DOW.
   Predicted Return Density   
       Returns  
Sterling Capital's volatility is measured either by using standard deviation or beta. Standard deviation will reflect the average amount of how sterling mutual fund'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 Sterling Capital Price Volatility?

Several factors can influence a Fund'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.

Sterling Capital Mutual Fund 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 Sterling Capital or Sterling Capital 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 Sterling Capital's price will be affected by overall mutual fund 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 Sterling fund'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 Sterling Capital is -1510.79. The daily returns are distributed with a variance of 1.27 and standard deviation of 1.13. The mean deviation of Sterling Capital Behavioral is currently at 0.85. For similar time horizon, the selected benchmark (DOW) has volatility of 1.14
α
Alpha over DOW
-0.11
β
Beta against DOW0.014
σ
Overall volatility
1.13
Ir
Information ratio 0.0056

Sterling Capital Mutual Fund Return Volatility

Sterling Capital historical daily return volatility represents how much of Sterling Capital fund's daily returns swing around its mean - it is a statistical measure of its dispersion of returns. The fund shows 1.1287% volatility of returns over 90 . By contrast, DOW inherits 1.1533% risk (volatility on return distribution) over the 90 days horizon.
 Performance (%) 
       Timeline  

About Sterling Capital Volatility

Volatility is a rate at which the price of Sterling Capital 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 Sterling Capital may increase or decrease. In other words, similar to Sterling's beta indicator, it measures the risk of Sterling Capital and helps estimate the fluctuations that may happen in a short period of time. So if prices of Sterling Capital 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 normally invests at least 80 percent of its net assets plus borrowings for investment purposes in the equity securities of large companies. Sterling Capital is traded on NASDAQ Exchange in the United States.

Sterling Capital Investment Opportunity

DOW has a standard deviation of returns of 1.15 and is 1.02 times more volatile than Sterling Capital Behavioral. of all equities and portfolios are less risky than Sterling Capital. Compared to the overall equity markets, volatility of historical daily returns of Sterling Capital Behavioral is lower than 9 () of all global equities and portfolios over the last 90 days. Use Sterling Capital Behavioral to protect your portfolios against small market fluctuations. Benchmarks are essential to demonstrate the utility of optimization algorithms. The mutual fund experiences an unexpected downward movement. The market is reacting to new fundamentals. Check odds of Sterling Capital to be traded at $19.8 in 90 days.

Significant diversification

The correlation between Sterling Capital Behavioral and DJI is 0.01 (i.e., Significant diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Sterling Capital Behavioral and DJI in the same portfolio, assuming nothing else is changed.

Sterling Capital Additional Risk Indicators

The analysis of Sterling Capital'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 Sterling Capital's investment and either accepting that risk or mitigating it. Along with some common measures of Sterling Capital mutual fund'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 mutual funds, we recommend comparing similar funds with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.

Sterling Capital 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 Sterling Capital 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. Sterling Capital'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, Sterling Capital'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 Sterling Capital Behavioral.
Additionally, take a look at World Market Map. Note that the Sterling Capital Beh information on this page should be used as a complementary analysis to other Sterling Capital'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 Bond Analysis module to evaluate and analyze corporate bonds as a potential investment for your portfolios..

Complementary Tools for Sterling Mutual Fund analysis

When running Sterling Capital Beh price analysis, check to measure Sterling Capital'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 Sterling Capital is operating at the current time. Most of Sterling Capital's value examination focuses on studying past and present price action to predict the probability of Sterling Capital's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Sterling Capital's price. Additionally, you may evaluate how the addition of Sterling Capital to your portfolios can decrease your overall portfolio volatility.
Bond Directory
Find actively traded corporate debentures issued by US companies
Go
Content Syndication
Quickly integrate customizable finance content to your own investment portal
Go
Piotroski F Score
Get Piotroski F Score based on binary analysis strategy of nine different fundamentals
Go
Instant Ratings
Determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance
Go
Alpha Finder
Use alpha and beta coefficients to find investment opportunities after accounting for the risk
Go
Companies Directory
Evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals
Go
Risk-Return Analysis
View associations between returns expected from investment and the risk you assume
Go
Price Exposure Probability
Analyze equity upside and downside potential for a given time horizon across multiple markets
Go
Competition Analyzer
Analyze and compare many basic indicators for a group of related or unrelated entities
Go
Financial Widgets
Easily integrated Macroaxis content with over 30 different plug-and-play financial widgets
Go
Fund Screener
Find actively-traded funds from around the world traded on over 30 global exchanges
Go
Equity Forecasting
Use basic forecasting models to generate price predictions and determine price momentum
Go
Stock Screener
Find equities using custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook.
Go
Please note, there is a significant difference between Sterling Capital's value and its price as these two are different measures arrived at by different means. Investors typically determine Sterling Capital value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Sterling Capital'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.