Cineplex Stock Volatility
| CGX Stock | CAD 10.34 -0.31 -2.91% |
Cineplex continues to exhibit a minimal volatility profile over the designated horizon. The current Sharpe Ratio (Efficiency) for Cineplex is -0.0277, indicating negative risk-adjusted returns over the last 3 months. Current risk dynamics are supported by 23 technical indicators.
Sharpe Ratio = -0.0277
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | CGX |
Estimated Market Risk
| 1.91 actual daily | 17 83% of assets are more volatile |
Expected Return
| -0.05 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.03 actual daily | 0 Most of other assets perform better |
For Cineplex, recent data highlights a Market Risk Adjusted Performance of -13.1%, a Risk of 1.91, and a Risk Adjusted Performance of -0.1%. Based on monthly moving average Cineplex is not performing at its full potential. However, if added to a well-diversified portfolio the total return can be enhanced and market risk can be reduced.
Key indicators related to Cineplex's volatility include:90 Days Market Risk | Chance Of Distress | 90 Days Economic Sensitivity |
Cineplex 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 Cineplex daily returns, and it is calculated using variance and standard deviation.
Cineplex |
Cineplex Volatility Strategy
Cineplex price volatility may influence cost basis positioning and portfolio weighting over time. Price retracements and recoveries can alter allocation balance. Current statistical measures show total volatility near 1.91% with a beta coefficient of 0.0158, indicating sensitivity relative to the broader market benchmark. Risk-adjusted efficiency, represented by a Sharpe ratio of -0.0277, evaluates return per unit of total risk. An alpha value of -0.21 reflects performance relative to systematic market exposure. Expected return estimates near -0.0529% are derived from historical distribution modeling and help frame forward-looking return assumptions within a portfolio context. Equity volatility may reflect changes in growth expectations.
Main indicators related to Cineplex's market risk premium analysis include:
Beta 0.0158 | Alpha -0.21 | Risk 1.91 | Sharpe Ratio -0.03 | Expected Return -0.05 |
Moving against Cineplex Stock
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| 0.76 | QRO | Quadro Resources | PairCorr |
| 0.66 | REE | E Tech Resources | PairCorr |
| 0.63 | DIR-UN | Dream Industrial Real | PairCorr |
| 0.59 | NXE | NexGen Energy | PairCorr |
| 0.49 | NOB | Noble Mineral Exploration | PairCorr |
| 0.46 | JSPX | JasperX Technologies | PairCorr |
| 0.43 | CNQ | Canadian Natural Res | PairCorr |
| 0.43 | VZ | Verizon Communications | PairCorr |
Cineplex Sensitivity To Market
Cineplex'sCineplex beta coefficient measures the volatility of Cineplex stock relative to the systematic risk of the overall market benchmark. Mathematically, beta represents the slope of the regression line comparing Cineplex returns against market returns. A beta of 0.0158 indicates the degree of sensitivity to market-wide movements. Current total volatility is approximately 1.91%.Cineplex has shown noticeable price swings over the selected period. Downside deviation is about 0.0% and standard deviation is about 1.99%, which summarize how widely returns have moved. Equity volatility often increases when trading volume rises and spreads widen in fast markets.
3 Months Beta |Analyze Cineplex Demand TrendCheck current 90 days Cineplex correlation with market (Dow Jones Industrial)Cineplex Downside Risk
Cineplex standard deviation measures the daily dispersion of prices over your selected time horizon relative to its mean. A typical volatile entity has a high standard deviation, while the deviation of a stable instrument is usually low.
Standard Deviation | 1.91 |
It is essential to understand the difference between upside risk (as represented by Cineplex's standard deviation) and the downside risk, which can be measured by semi-deviation or downside deviation of Cineplex's daily returns or price. For Cineplex, recent data highlights a Maximum Drawdown of 9.09.
Cineplex Stock Volatility Analysis
Volatility refers to the frequency at which Cineplex stock price increases or decreases within a specified period. These fluctuations usually indicate the level of risk that's associated with Cineplex's price changes.
Transformation |
The output start index for this execution was zero with a total number of output elements of sixty-one. Cineplex 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.
Cineplex Projected Return Density Against Market
Assuming the 90 days trading horizon Cineplex has a beta of 0.0158 suggesting as returns on the market go up, Cineplex average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Cineplex will be expected to be much smaller as well.Cineplex is exposed to both systematic and unsystematic risk. Systematic risk reflects broader stock market movements, while company or sector-specific developments represent nonmarket drivers. Diversification may reduce specific risk, but market exposure remains. Beta and standard deviation help quantify volatility. For Cineplex, recent data highlights a Mean Deviation of 1.49 and a Standard Deviation of 1.99.
Predicted Return Density |
| Returns |
What Drives a Cineplex 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.Cineplex Stock Risk Measures
Assuming the 90 days trading horizon the coefficient of variation of Cineplex is -3604.42. The daily returns are distributed with a variance of 3.64 and standard deviation of 1.91. The mean deviation of Cineplex is currently at 1.4. For similar time horizon, the selected benchmark (Dow Jones Industrial) has volatility of 0.78
α | Alpha over Dow Jones | -0.2072 | |
β | Beta against Dow Jones | 0.02 | |
σ | Overall volatility | 1.91 | |
Ir | Information ratio | -0.1047 |
Cineplex Stock Return Volatility
Cineplex historical daily return volatility represents how much of Cineplex stock's daily returns swing around its mean - it is a statistical measure of its dispersion of returns. The firm assumes 1.9085% volatility of returns over the 90 days investment horizon. By contrast, Dow Jones Industrial accepts 0.7859% volatility on return distribution over the 90 days horizon. Performance |
| Timeline |
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 Cineplex Stock performing well and Cineplex 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 Cineplex'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| RAY-A | 1.50 | 0.07 | 0.03 | 0.09 | 2.03 | 3.86 | 12.08 | |||
| WILD | 3.12 | 0.09 | 0.03 | 0.32 | 3.19 | 5.34 | 37.45 | |||
| CGO | 1.00 | 0.20 | 0.16 | 0.46 | 1.04 | 2.17 | 7.31 | |||
| QYOU | 3.05 | -0.46 | 0.00 | -3.81 | 0.00 | 5.71 | 18.62 | |||
| ESE | 4.72 | -0.25 | 0.00 | -0.53 | 0.00 | 11.76 | 33.19 | |||
| OAM | 3.47 | -0.55 | 0.00 | -0.38 | 0.00 | 9.52 | 32.05 | |||
| CJR-B | 3.98 | 0.49 | 0.00 | 0.23 | 0.00 | 33.33 | 58.33 | |||
| NTE | 3.31 | -0.43 | 0.00 | -0.28 | 0.00 | 10.00 | 34.72 |
Understanding Cineplex Price Swings
Volatility for Cineplex measures return dispersion and uncertainty over time. Higher dispersion implies wider price swings across observed periods. Our evaluation framework considers how Cineplex may function within a diversified long-term portfolio context.
Methodology
Unless otherwise specified, financial data for Cineplex is derived from periodic company reporting (annual and quarterly where available). Asset-level metrics are computed daily by Macroaxis LLC and refreshed regularly based on asset type. Cineplex (CA:CGX) prices are typically delayed by approximately 20 minutes from primary exchanges for listed equities. Data may be delayed depending on reporting sources and market conventions Volatility figures, standard deviation, and downside-risk estimates on this page are derived from historical return distributions.
Assumptions
Information for Cineplex is compiled from public filings and market reference sources and official sources including U.S. Securities and Exchange Commission (SEC) via EDGAR. Reporting latency may occur in some cases. All analytics are generated using standardized, rules-based models designed to promote consistency and comparability across instruments. Model assumptions, reference parameters, and selected computational inputs are available in the Model Inputs section. If you have questions about our data sources or methodology, please contact Macroaxis Support.Analyst Sources
Cineplex may have analyst coverage included in Macroaxis-derived consensus inputs when available. Updates may occur throughout the day.
Cineplex Investment Opportunity
Measured over the selected horizon, Cineplex carries roughly 2.42 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 Cineplex to protect your portfolios against small market fluctuations. This move summary looks at how the current session may translate into a basic near-term setup. It is most useful when combined with broader risk controls and position-sizing discipline. an unexpected downward movement. The market is reacting to new fundamentals. Check odds of Cineplex to be traded at C$9.93 in 90 days.Excellent diversification
Across the chosen horizon, CGX and DJI show a correlation of -0.67 and fall into the Excellent diversification bucket. In portfolio terms, the overlap visualization shows how much shared movement remains after both positions are combined.
Cineplex Additional Risk Indicators
Risk analysis around Cineplex 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 | -0.07 | |||
| Market Risk Adjusted Performance | -13.11 | |||
| Mean Deviation | 1.49 | |||
| Coefficient Of Variation | -1,011 | |||
| Standard Deviation | 1.99 | |||
| Variance | 3.98 | |||
| Information Ratio | -0.10 |
Cineplex Suggested Diversification Pairs
Pair trading with Cineplex 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.
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| Bank of America vs. Cineplex | ||
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 Cineplex 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. Cineplex'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, Cineplex'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 Cineplex.
More Resources for Cineplex Stock Analysis
Other Information on Investing in Cineplex Stock
Cineplex financial ratios help frame valuation context across profits, cash flow, and enterprise value. They help compare Cineplex to other measures in a consistent way.