Altus Group Limited Stock Volatility
| AIF Stock | CAD 43.26 -1.80 -3.99% |
Altus Group Limited shows a minimal volatility profile over the current evaluation window. Altus Group Limited registers a Sharpe Ratio (Efficiency) of -0.14, reflecting negative risk-adjusted performance over the last 3 months. We observed 23 technical indicators shaping the current volatility backdrop.
Sharpe Ratio = -0.1416
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| Negative Returns | AIF |
Estimated Market Risk
| 2.44 actual daily | 21 79% of assets are more volatile |
Expected Return
| -0.35 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.14 actual daily | 0 Most of other assets perform better |
Altus Group Limited reported a Market Risk Adjusted Performance of -0.5%, a Risk of 2.44, and a Risk Adjusted Performance of -0.1%. Based on recent moving average trends, Altus Group has not achieved its theoretical performance maximum. Pairing it with a well-diversified portfolio structure may improve overall efficiency.
Key indicators related to Altus Group's volatility include:90 Days Market Risk | Chance Of Distress | 90 Days Economic Sensitivity |
The volatility profile of Altus Group determines how much Altus Group's price can move in either direction over a given time frame. Investors use volatility estimates to size positions, set stop-loss levels, and price the cost of hedging Altus Group exposure.
Altus |
Volatility Strategy
Volatility in Altus Group Limited reflects changing market conditions that influence diversification outcomes. Current statistical measures show total volatility near 2.44% with a beta coefficient of 0.68, indicating sensitivity relative to the broader market benchmark. Risk-adjusted efficiency, represented by a Sharpe ratio of -0.14, evaluates return per unit of total risk. An alpha value of -0.32 reflects performance relative to systematic market exposure. Expected return estimates near -0.35% are derived from historical distribution modeling and help frame forward-looking return assumptions within a portfolio context. Trading volume spikes may widen dispersion.
Main indicators related to Altus Group's market risk premium analysis include:
Beta 0.68 | Alpha -0.32 | Risk 2.44 | Sharpe Ratio -0.14 | Expected Return -0.35 |
Moving together with Altus Stock
Moving against Altus Stock
| 0.9 | BCE-PR | BCE Inc Pref | PairCorr |
| 0.89 | VEIN | Pasofino Gold Limited Earnings Call This Week | PairCorr |
| 0.87 | DII-A | Dorel Industries ClA | PairCorr |
| 0.85 | AME | Abacus Mining | PairCorr |
| 0.77 | IPCO | International Petroleum | PairCorr |
| 0.71 | BQE | BQE Water | PairCorr |
| 0.68 | OXY | Occidental Petroleum CDR | PairCorr |
| 0.64 | PGDC | Patagonia Gold Corp | PairCorr |
| 0.6 | ARA | Aclara Resources Earnings Call This Week | PairCorr |
| 0.5 | ROCK | Rockridge Resources | PairCorr |
Sensitivity To Market
Altus Group'sThe beta coefficient of 0.68 for Altus Group Limited measures how its returns respond to broader market changes. In regression terms, beta captures the slope between asset returns and index returns. Historical volatility is currently near 2.44%.Altus Group Limited return patterns over the selected horizon reflect a minimal level of variability, based on dispersion and downside-focused statistics. Equity volatility can compress in calm markets and expand quickly when uncertainty increases.
3 Months Beta |Analyze Altus Group Limited Demand TrendCheck current 90 days Altus Group correlation with market (Dow Jones Industrial)Downside Risk
Altus standard deviation quantifies the typical daily price movement relative to its average over your selected period. Volatile instruments show high standard deviation; stable instruments show low.
Standard Deviation | 2.44 |
The difference between upside risk and downside risk is meaningful for Altus Group investors. Upside risk is measured by Altus Group's standard deviation, while downside risk is captured by semi-deviation or downside deviation of Altus Group's daily returns. Altus Group Limited reported a Maximum Drawdown of 12.51.
Stock Volatility Analysis
When measuring the risk of Altus Group stock, volatility is a critical metric. It indicates how dramatically Altus Group's price swings over a specific time horizon. A stock with high volatility can produce outsized gains or losses compared to a low-volatility alternative.
Transformation |
The output start index for this execution was zero with a total number of output elements of sixty-one. Altus Group Limited 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.
Altus Group Projected Return Density Against Market
Assuming the 90-day trading horizon Altus Group has a beta of 0.6823 . This suggests as returns on the market go up, Altus Group's average returns are expected to increase less than the benchmark. However, during a bear market, the loss from holding Altus Group Limited is expected to be smaller as well.Altus Group carries exposure to broad market movements as well as company or sector-specific developments. While portfolio diversification can reduce asset-level risk, systematic volatility cannot be avoided. Standard deviation and beta quantify this exposure. Altus Group Limited reported a Mean Deviation of 1.60 and a Standard Deviation of 2.34.
Predicted Return Density |
| Returns |
What Drives an Altus Group Price Volatility?
Several factors can influence a stock's market 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 investor attention to the company. This positive attention may impact the company's stock price. In contrast, product recalls and data breaches may negatively influence a company's stock prices.Stock Risk Measures
Assuming the 90-day trading horizon the coefficient of variation of Altus Group is -706.38. The daily returns are distributed with a variance of 5.96 and standard deviation of 2.44. The mean deviation of Altus Group Limited is currently at 1.69. For similar time horizon, the selected benchmark (Dow Jones Industrial) has volatility of 0.8
α | Alpha over Dow Jones | -0.3233 | |
β | Beta against Dow Jones | 0.68 | |
σ | Overall volatility | 2.44 | |
Ir | Information ratio | -0.1318 |
Stock Return Volatility
Altus Group historical daily return volatility represents how much of Altus Group stock's daily returns swing around its mean - it is a statistical measure of its dispersion of returns. The firm assumes 2.441% volatility of returns over a 90-day investment horizon. By contrast, Dow Jones Industrial accepts 0.7982% volatility on return distribution over a 90-day horizon. Performance |
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Related Correlations Analysis
Correlation Matchups
Over a given time period, the two securities move together when the Correlation Coefficient is positive. Conversely, the two assets move in opposite directions when the Correlation Coefficient is negative. Determining your positions' relationship to each other is valuable for analyzing and projecting your portfolio's future expected return and risk.High positive correlations
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Risk-Adjusted Indicators
There is a big difference between Altus Stock performing well and Altus Group Company doing well as a business compared to the competition. There are so many exceptions to the norm that investors cannot definitively determine what's good or bad unless they analyze Altus Group's multiple risk-adjusted performance indicators across the competitive landscape. These indicators are quantitative in nature and help investors forecast volatility and risk-adjusted expected returns across various positions.| Mean Deviation | Jensen Alpha | Sortino Ratio | Treynor Ratio | Semi Deviation | Expected Shortfall | Potential Upside | Value @Risk | Maximum Drawdown | ||
|---|---|---|---|---|---|---|---|---|---|---|
| AP-UN | 1.78 | -0.37 | 0.00 | -0.79 | 0.00 | 3.16 | 30.97 | |||
| MEQ | 0.75 | -0.06 | 0.00 | -0.36 | 0.00 | 1.44 | 4.13 | |||
| SVI | 1.31 | -0.15 | 0.00 | -0.68 | 0.00 | 2.72 | 7.09 | |||
| KMP-UN | 0.72 | 0.01 | 0.03 | -0.02 | 1.05 | 1.24 | 8.43 | |||
| AX-UN | 2.22 | 0.11 | 0.05 | 0.89 | 3.14 | 5.67 | 20.87 | |||
| HR-UN | 0.79 | 0.04 | 0.07 | 0.06 | 0.94 | 1.53 | 5.52 | |||
| CRR-UN | 0.71 | 0.09 | 0.15 | 2.02 | 0.79 | 1.55 | 4.30 | |||
| IIP-UN | 0.14 | 0.01 | 0.31 | 0.68 | 0.03 | 0.30 | 0.98 | |||
| MRC | 0.41 | 0.01 | 0.08 | 0.01 | 0.53 | 1.22 | 2.93 | |||
| BEI-UN | 0.97 | 0.10 | 0.10 | 0.14 | 1.11 | 2.14 | 4.79 |
Risk Metrics, Assumptions & Methodology
Volatility for Altus Group measures return dispersion and uncertainty over time. Standard deviation provides a baseline measure of variability magnitude. Altus Group has a market cap of 1.75 B, P/E of 174.1, ROE of -0.23%.
This section for Altus Group Limited is built from periodic company reporting and market reference feeds, with harmonization applied to align reporting definitions. Values may update on different source schedules. Volatility and downside metrics are estimated from historical return dispersion.
This content is curated and reviewed by:
Raphi Shpitalnik - Junior Member of Macroaxis Editorial BoardAltus Group Investment Opportunity
Measured over the selected horizon, Altus Group Limited carries roughly 3.05 times the return volatility of Dow Jones Industrial. That added volatility may be acceptable only if the position is expected to deliver stronger return efficiency or diversification value.You can use Altus Group Limited to protect your portfolios against small market fluctuations. This directional read frames the latest price swing through a simple momentum and follow-through lens. It works best as a directional cue rather than as a standalone forecast. an unexpected downward movement. The market is reacting to new fundamentals. Check odds of Altus Group to be traded at C$41.53 in 90 days.Very good diversification
Across the chosen horizon, AIF and DJI show a correlation of -0.38 and fall into the Very good diversification bucket. In portfolio terms, the overlap visualization shows how much shared movement remains after both positions are combined.
Altus Group Additional Risk Indicators
Risk analysis around Altus Group Limited becomes more useful when investors review secondary indicators that can confirm, refine, or challenge the basic volatility picture. Used correctly, these measures can support both standalone risk assessment and portfolio-level hedging decisions.
| Risk Adjusted Performance | -0.11 | |||
| Market Risk Adjusted Performance | -0.51 | |||
| Mean Deviation | 1.6 | |||
| Coefficient Of Variation | -675.82 | |||
| Standard Deviation | 2.34 | |||
| Variance | 5.46 | |||
| Information Ratio | -0.13 |
Altus Group Suggested Diversification Pairs
Pair trading with Altus Group can help investors hedge some company-specific exposure by balancing a long view with an offsetting position. The key question is whether the second leg adds real hedge value instead of just creating a more complex version of the same risk.
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 Altus Group 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. Altus Group'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, Altus Group'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 Altus Group Limited.
More Resources for Altus Stock Analysis
Other Information on Investing in Altus Stock
Altus Group financial ratios help frame valuation context across profits, cash flow, and enterprise value. They help compare Altus across measures in a consistent way.