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Do you worry about stock volatility when choosing among names? One idea is to consider a stock's recent trading volatility. With this idea in mind, we ran a screen.

We began by screening the large-cap sector for low-volatility stocks, with average intra-day volatility over the last month under 2% (meaning, on average, these stocks have traded within a 2% range each day).

Then we screened for those stocks that may also be undervalued, by comparing price trends to changes in EPS estimates over the last month.

Based on the assumption that P/E is equal to a constant k, increases in EPS should be matched by increases in price. When they don't match up, a mispricing may have occurred.

We screened for stocks with faster growth in EPS estimates than price over the last month, which may indicate that these names are being undervalued.

For an interactive version of this chart, click on the image below. Analyst ratings sourced from Zacks Investment Research.

Tool provided by Kapitall.

Do you think these stocks are less risky? Use this list as a starting point for your own analysis.

List sorted by increase in EPS estimate over the last year.

1. Plains All American Pipeline, L.P. (NYSE:PAA): Engages in the transportation, storage, terminalling, and marketing of crude oil, refined products, and liquefied petroleum gas and other natural gas-related petroleum products in the United States and Canada. Market cap at $12.47B, most recent closing price at $77.33. Average intra-day volatility over the last month at 1.91%. The EPS estimate for the company's current year increased from 5.07 to 5.48 over the last 30 days, an increase of 8.09%. This increase came during a time when the stock price changed by -3.86% (from 80.93 to 77.81 over the last 30 days).

2. HSBC Holdings plc (HBC): Provides various banking and financial products and services. Market cap at $154.56B, most recent closing price at $42.55. Average intra-day volatility over the last month at 1.67%. The EPS estimate for the company's current year increased from 5.32 to 5.61 over the last 30 days, an increase of 5.45%. This increase came during a time when the stock price changed by -6.58% (from 44.24 to 41.33 over the last 30 days).

3. Nissan Motor Co., Ltd. (OTCPK:NSANY): Engages in the manufacture and sale of automotive products, industrial machinery, and marine equipment primarily in Japan, North America, and Europe. Market cap at $38.39B, most recent closing price at $18.83. Average intra-day volatility over the last month at 1.63%. The EPS estimate for the company's current year increased from 2.24 to 2.36 over the last 30 days, an increase of 5.36%. This increase came during a time when the stock price changed by -6.1% (from 20.17 to 18.94 over the last 30 days).

*EPS data sourced from Yahoo! Finance, all other data sourced from Finviz.

Source: 3 Low-Risk Large-Caps Undervalued By EPS Trends