GOLD RESERVE Risk Analysis And Volatility

GDRZF -- USA Stock  

USD 1.51  0.05  3.21%

Macroaxis considers GOLD RESERVE to be out of control. GOLD RESERVE INC holds Efficiency (Sharpe) Ratio of -0.0346 which attests that the entity had -0.0346% of return per unit of risk over the last 3 months. Macroaxis philosophy in determining risk of any stock is to look at both systematic and un-systematic factors of the business, including all available market data and technical indicators. GOLD RESERVE INC exposes twenty-one different technical indicators which can help you to evaluate volatility that cannot be diversified away. Please be advised to check out GOLD RESERVE Risk Adjusted Performance of (0.015205) and Market Risk Adjusted Performance of 0.791 to validate risk estimate we provide.
Interest Expense

90 Days Market Risk

Out of control

Chance of Distress in 24 months

Average

90 Days Economic Sensitivity

Almost neglects market trends
Horizon     30 Days    Login   to change

GOLD RESERVE Market Sensitivity

As returns on market increase, returns on owning GOLD RESERVE are expected to decrease at a much smaller rate. During bear market, GOLD RESERVE is likely to outperform the market.
3 Months Beta |Analyze GOLD RESERVE INC Demand Trend
Check current 30 days GOLD RESERVE correlation with market (DOW)
β = -0.2073

GOLD RESERVE Central Daily Price Deviation

GOLD RESERVE INC Technical Analysis

Transformation
The output start index for this execution was zero with a total number of output elements of sixty-one. The Median Price line plots median indexes of GOLD RESERVE INC price series. View also all equity analysis or get more info about median price price transform indicator.

GOLD RESERVE Projected Return Density Against Market

Assuming 30 trading days horizon, GOLD RESERVE INC has beta of -0.2073 . This indicates as returns on benchmark increase, returns on holding GOLD RESERVE are expected to decrease at a much smaller rate. During bear market, however, GOLD RESERVE INC is likely to outperform the market. Additionally, The company has a negative alpha implying that the risk taken by holding this equity is not justified. GOLD RESERVE INC is significantly underperforming DOW.
 Predicted Return Density 
      Returns 
Assuming 30 trading days horizon, the coefficient of variation of GOLD RESERVE is -2889.45. The daily returns are destributed with a variance of 21.86 and standard deviation of 4.68. The mean deviation of GOLD RESERVE INC is currently at 3.56. For similar time horizon, the selected benchmark (DOW) has volatility of 0.72
α
Alpha over DOW
=0.14
β
Beta against DOW=0.21
σ
Overall volatility
=4.67
Ir
Information ratio =0.06

GOLD RESERVE Return Volatility

the firm shows 4.675% volatility of returns over 30 trading days. the entity inherits 0.7208% risk (volatility on return distribution) over the 30 days horizon.
 Performance (%) 
      Timeline 

GOLD RESERVE Investment Opportunity

GOLD RESERVE INC has a volatility of 4.68 and is 6.5 times more volatile than DOW. 41  of all equities and portfolios are less risky than GOLD RESERVE. Compared to the overall equity markets, volatility of historical daily returns of GOLD RESERVE INC is lower than 41 () of all global equities and portfolios over the last 30 days. Use GOLD RESERVE INC to protect your portfolios against small markets fluctuations. The otc stock experiences unexpected downward movement. The market is reacting to new fundamentals. Check odds of GOLD RESERVE to be traded at $1.4496 in 30 days. . As returns on market increase, returns on owning GOLD RESERVE are expected to decrease at a much smaller rate. During bear market, GOLD RESERVE is likely to outperform the market.

GOLD RESERVE correlation with market

correlation synergy
Good diversification
Overlapping area represents the amount of risk that can be diversified away by holding GOLD RESERVE INC and equity matching DJI index in the same portfolio.

GOLD RESERVE Current Risk Indicators

GOLD RESERVE Suggested Diversification Pairs

Please also check Risk vs Return Analysis. Please also try Positions Ratings module to determine portfolio positions ratings based on digital equity recommendations. macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance.
Search macroaxis.com