ANDRADA MINING (Germany) Volatility
| 9IA Stock | EUR 0.03 0 5.77% |
At this point, ANDRADA MINING is out of control. ANDRADA MINING LTD secures Sharpe Ratio (or Efficiency) of 0.0251, which signifies that the company had a 0.0251 % return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for ANDRADA MINING LTD, which you can use to evaluate the volatility of the firm. Please confirm ANDRADA MINING's Risk Adjusted Performance of 0.0381, downside deviation of 4.47, and Mean Deviation of 2.16 to double-check if the risk estimate we provide is consistent with the expected return of 0.088%. Key indicators related to ANDRADA MINING's volatility include:
90 Days Market Risk | Chance Of Distress | 90 Days Economic Sensitivity |
ANDRADA MINING 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 ANDRADA daily returns, and it is calculated using variance and standard deviation. We also use ANDRADA's beta, its sensitivity to the market, as well as its odds of financial distress to provide a more practical estimation of ANDRADA MINING volatility.
ANDRADA |
Since volatility provides investors with entry points to take advantage of stock prices, companies, such as ANDRADA MINING can benefit from it. Downward market volatility can be a perfect environment for investors who play the long game as hey may decide to buy additional stocks of ANDRADA MINING at lower prices to lower their average cost per share. Similarly, when the prices of ANDRADA MINING's stock rise, investors can sell out and invest the proceeds in other equities with better opportunities.
Moving against ANDRADA Stock
ANDRADA MINING Market Sensitivity And Downside Risk
ANDRADA MINING's beta coefficient measures the volatility of ANDRADA stock compared to the systematic risk of the entire market represented by your selected benchmark. In mathematical terms, beta represents the slope of the line through a regression of data points where each of these points represents ANDRADA stock's returns against your selected market. In other words, ANDRADA MINING's beta of -0.0013 provides an investor with an approximation of how much risk ANDRADA MINING stock can potentially add to one of your existing portfolios. ANDRADA MINING LTD shows above-average downside volatility for the selected time horizon. ANDRADA MINING LTD is a penny stock. Although ANDRADA MINING may be in fact a good investment, many penny stocks are subject to artificial price hype. Make sure you completely understand the upside potential and downside risk of investing in ANDRADA MINING LTD. We encourage investors to look for signals such as message board hypes, claims of breakthroughs, email spams, sudden volume upswings, and other similar hype indicators. We also encourage traders to check biographies and work history of company officers before investing in instruments with high volatility. You can indeed make money on ANDRADA instrument if you perfectly time your entry and exit. However, remember that penny stocks that have been the subject of artificial hype usually unable to maintain their increased share price for more than just a few days. The price of a promoted high volatility instrument will almost always revert back. The only way to increase shareholder value is through legitimate performance backed up by solid fundamentals.
3 Months Beta |Analyze ANDRADA MINING LTD Demand TrendCheck current 90 days ANDRADA MINING correlation with market (Dow Jones Industrial)ANDRADA Beta |
ANDRADA 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. As a downside, the standard deviation calculates all uncertainty as risk, even when it is in your favor, such as above-average returns.
Standard Deviation | 3.51 |
It is essential to understand the difference between upside risk (as represented by ANDRADA MINING's standard deviation) and the downside risk, which can be measured by semi-deviation or downside deviation of ANDRADA MINING's daily returns or price. Since the actual investment returns on holding a position in andrada stock tend to have a non-normal distribution, there will be different probabilities for losses than for gains. The likelihood of losses is reflected in the downside risk of an investment in ANDRADA MINING.
ANDRADA MINING LTD Stock Volatility Analysis
Volatility refers to the frequency at which ANDRADA MINING stock price increases or decreases within a specified period. These fluctuations usually indicate the level of risk that's associated with ANDRADA MINING's price changes. Investors will then calculate the volatility of ANDRADA MINING's stock to predict their future moves. A stock that has erratic price changes quickly hits new highs, and lows are considered highly volatile. A stock with relatively stable price changes has low volatility. A highly volatile stock is riskier, but the risk cuts both ways. Investing in highly volatile security can either be highly successful, or you may experience significant failure. There are two main types of ANDRADA MINING's volatility:
Historical Volatility
This type of stock volatility measures ANDRADA MINING's fluctuations based on previous trends. It's commonly used to predict ANDRADA MINING's future behavior based on its past. However, it cannot conclusively determine the future direction of the stock.Implied Volatility
This type of volatility provides a positive outlook on future price fluctuations for ANDRADA MINING's current market price. This means that the stock will return to its initially predicted market price. This type of volatility can be derived from derivative instruments written on ANDRADA MINING's to be redeemed at a future date.Transformation |
The output start index for this execution was zero with a total number of output elements of sixty-one. ANDRADA MINING LTD 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.
ANDRADA MINING Projected Return Density Against Market
Assuming the 90 days horizon ANDRADA MINING LTD has a beta of -0.0013 . This suggests as returns on the benchmark increase, returns on holding ANDRADA MINING are expected to decrease at a much lower rate. During a bear market, however, ANDRADA MINING LTD is likely to outperform the market.Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to ANDRADA MINING or Basic Materials sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that ANDRADA MINING's price will be affected by overall stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a ANDRADA stock's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
ANDRADA MINING LTD has an alpha of 0.1077, implying that it can generate a 0.11 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Predicted Return Density |
| Returns |
What Drives an ANDRADA MINING 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 many investors to purchase the company. This positive attention will raise the company's stock price. In contrast, product recalls and data breaches may negatively influence a company's stock prices.ANDRADA MINING Stock Risk Measures
Assuming the 90 days horizon the coefficient of variation of ANDRADA MINING is 3989.42. The daily returns are distributed with a variance of 12.33 and standard deviation of 3.51. The mean deviation of ANDRADA MINING LTD is currently at 2.04. For similar time horizon, the selected benchmark (Dow Jones Industrial) has volatility of 0.93
α | Alpha over Dow Jones | 0.11 | |
β | Beta against Dow Jones | -0.0013 | |
σ | Overall volatility | 3.51 | |
Ir | Information ratio | -0.0065 |
ANDRADA MINING Stock Return Volatility
ANDRADA MINING historical daily return volatility represents how much of ANDRADA MINING stock's daily returns swing around its mean - it is a statistical measure of its dispersion of returns. The company shows 3.5111% volatility of returns over 90 . By contrast, Dow Jones Industrial accepts 0.8415% volatility on return distribution over the 90 days horizon. Performance |
| Timeline |
About ANDRADA MINING Volatility
Volatility is a rate at which the price of ANDRADA MINING or any other equity instrument increases or decreases for a given set of returns. It is measured by calculating the standard deviation of the annualized returns over a given period of time and shows the range to which the price of ANDRADA MINING may increase or decrease. In other words, similar to ANDRADA's beta indicator, it measures the risk of ANDRADA MINING and helps estimate the fluctuations that may happen in a short period of time. So if prices of ANDRADA MINING fluctuate rapidly in a short time span, it is termed to have high volatility, and if it swings slowly in a more extended period, it is understood to have low volatility.
Please read more on our technical analysis page.AfriTin Mining Limited, together with its subsidiaries, engages in the exploration and development of projects in Namibia and South Africa. AfriTin Mining Limited was founded in 2017 and is headquartered in St Peter Port, Guernsey. AFRITIN MINING is traded on Frankfurt Stock Exchange in Germany.
ANDRADA MINING's stock volatility refers to the amount of uncertainty or risk involved with the size of changes in its stock's price. It is a statistical measure of the dispersion of returns on ANDRADA Stock over a specified period of time, often expressed as the standard deviation of daily returns. In other words, it measures how much ANDRADA MINING's price varies over time.
3 ways to utilize ANDRADA MINING's volatility to invest better
Higher ANDRADA MINING's stock volatility means that the price of its stock is changing rapidly and unpredictably, while lower stock volatility indicates that the price of ANDRADA MINING LTD stock is relatively stable. Investors and traders use stock volatility as an indicator of risk and potential reward, as stocks with higher volatility can offer the potential for more significant returns but also come with a greater risk of losses. ANDRADA MINING LTD stock volatility can provide helpful information for making investment decisions in the following ways:- Measuring Risk: Volatility can be used as a measure of risk, which can help you determine the potential fluctuations in the value of ANDRADA MINING LTD investment. A higher volatility means higher risk and potentially larger changes in value.
- Identifying Opportunities: High volatility in ANDRADA MINING's stock can indicate that there is potential for significant price movements, either up or down, which could present investment opportunities.
- Diversification: Understanding how the volatility of ANDRADA MINING's stock relates to your other investments can help you create a well-diversified portfolio of assets with varying levels of risk.
ANDRADA MINING Investment Opportunity
ANDRADA MINING LTD has a volatility of 3.51 and is 4.18 times more volatile than Dow Jones Industrial. Compared to the overall equity markets, volatility of historical daily returns of ANDRADA MINING LTD is lower than 31 percent of all global equities and portfolios over the last 90 days. You can use ANDRADA MINING LTD to enhance the returns of your portfolios. The stock experiences a very speculative upward sentiment. Check odds of ANDRADA MINING to be traded at €0.0344 in 90 days.ANDRADA MINING Additional Risk Indicators
The analysis of ANDRADA MINING's secondary risk indicators is one of the essential steps in making a buy or sell decision. The process involves identifying the amount of risk involved in ANDRADA MINING's investment and either accepting that risk or mitigating it. Along with some common measures of ANDRADA MINING stock's risk such as standard deviation, beta, or value at risk, we also provide a set of secondary indicators that can assist in the individual investment decision or help in hedging the risk of your existing portfolios.
| Risk Adjusted Performance | 0.0381 | |||
| Market Risk Adjusted Performance | (82.72) | |||
| Mean Deviation | 2.16 | |||
| Semi Deviation | 2.58 | |||
| Downside Deviation | 4.47 | |||
| Coefficient Of Variation | 3045.41 | |||
| Standard Deviation | 3.58 |
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential stocks, we recommend comparing similar stocks with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.
ANDRADA MINING Suggested Diversification Pairs
Pair trading is one of the very effective strategies used by professional day traders and hedge funds capitalizing on short-time and mid-term market inefficiencies. The approach is based on the fact that the ratio of prices of two correlating shares is long-term stable and oscillates around the average value. If the correlation ratio comes outside the common area, you can speculate with a high success rate that the ratio will return to the mean value and collect a profit.
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 ANDRADA MINING 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. ANDRADA MINING'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, ANDRADA MINING'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 ANDRADA MINING LTD.
Complementary Tools for ANDRADA Stock analysis
When running ANDRADA MINING's price analysis, check to measure ANDRADA MINING's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy ANDRADA MINING is operating at the current time. Most of ANDRADA MINING's value examination focuses on studying past and present price action to predict the probability of ANDRADA MINING's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move ANDRADA MINING's price. Additionally, you may evaluate how the addition of ANDRADA MINING to your portfolios can decrease your overall portfolio volatility.
| Equity Forecasting Use basic forecasting models to generate price predictions and determine price momentum | |
| Earnings Calls Check upcoming earnings announcements updated hourly across public exchanges | |
| Portfolio Analyzer Portfolio analysis module that provides access to portfolio diagnostics and optimization engine | |
| Competition Analyzer Analyze and compare many basic indicators for a group of related or unrelated entities | |
| Portfolio Optimization Compute new portfolio that will generate highest expected return given your specified tolerance for risk | |
| AI Portfolio Architect Use AI to generate optimal portfolios and find profitable investment opportunities | |
| USA ETFs Find actively traded Exchange Traded Funds (ETF) in USA | |
| Portfolio File Import Quickly import all of your third-party portfolios from your local drive in csv format | |
| Portfolio Backtesting Avoid under-diversification and over-optimization by backtesting your portfolios |