SAP SE ADRhedged (SAPH) Historical Volatility

Tracking SAPH historical volatility helps you see how much SAP SE ADRhedged's stock price has actually moved, giving you a baseline for whether option premiums look fair, cheap, or expensive. While implied volatility shows what the market expects, SAPH's HV, also known as realized volatility, shows what actually happened. Use our scanner to monitor SAPH 30 day historical volatility alongside longer lookback windows and spot the moments when realized and implied diverge.

Historical volatility is the annualized standard deviation of a stock's past returns, typically measured over rolling windows like 10, 20, 30, or 60 days. SAPH's 30 day historical volatility, or SAPH HV, is one of the most widely watched readings because it balances responsiveness with stability. Comparing SAPH's HV to its implied volatility reveals the volatility risk premium. When IV sits well above HV, options are pricing in more movement than the stock has actually delivered, giving option sellers an edge. When HV runs hot relative to IV, options are pricing in less movement than the stock has delivered, and buyers may be underpaying for it.

SAPH provides exposure to currency-hedged depositary receipt for Americans interested in investing in SAP SE. Investing in the ADR or original shares directly exposes investors currency fluctuations, which impacts returns. ADRhedged products aim to provide a slightly different approach to international investing by focusing on a single international stock and hedging the specific currency risk. It is anticipated that each ETF share will represent one ADR share. In addition, each day a currency hedge contract is marked to the market based on the notional value of the currency hedge contract and the change in the value of the local currency in relation to the US dollar.