We consider Singtel slightly risky.Singtelowns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0329, which indicates the firm had 0.0329% 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-specifictechnical indicatorsthat cannot bediversified away. We have found twenty-onetechnical indicatorsfor Singtel, which you can use to evaluate the future volatility of the company. Please validate Singtel Risk Adjusted Performance of 0.0459,coefficient of variationof 3082.38, and Semi Deviation of 1.0 to confirm if the risk estimate we provide is consistent with the expected return of 0.0475%.
Singtel 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 Singtel daily returns, and it is calculated using variance and standard deviation. We also use Singtel's beta, itssensitivity to the market, as well as its odds of financial distress to provide a more practical estimation of Singtel volatility.
Singtel Market Sensitivity And Downside Risk
Singtel's beta coefficient measures the volatility of Singtel stock compared to thesystematic riskof the entire stock market represented by yourselected benchmark. In mathematical terms, beta represents the slope of the line through a regression of data points where each of these points represents Singtel stock's returns against your selected market. In other words, Singtel's beta of -0.18 provides an investor with an approximation of how much risk Singtel stock can potentially add to one of your existing portfolios.
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