Greencastle risk analysis

Use Greencastle Resources Ltd (#B03CR01CA) risk analysis together with your other stock asset holdings to protect against small markets fluctuations as well as to check it against diversification policy that fits your risk preferences.  Optimize Portfolio

Projected Return Density against Market

Assuming 30 trading days horizon, Greencastle Resources Ltd has beta of -1.35 . This entails as returns on its benchmark rise, returns on holding Greencastle Resources Ltd are expected to decrease by similarly larger amounts. On the other hand, during market turmoils, Greencastle is expected to outperform its benchmark. Additionally, Greencastle Resources Ltd has negative alpha implying that risk taken by holding this securing is not justified. The company is significantly underperforming Canada CompositeAssuming 30 trading days horizon, the coefficient of variation of Greencastle is -990.83. The daily returns are destributed with a variance of 25.56 and standard deviation of 5.06. The mean deviation of Greencastle Resources Ltd is currently at 2.28. For similar time horizon, the selected benchmark (Canada Composite) has volatility of 0.67

	(alpha)	=	(1.35)	Details
	(beta)	=	(1.35)	Details
	(volatility)	=	5.06	Details

Actual Return Volatility

Greencastle Resources Ltd shows 5.06% volatility of returns over 30 trading days. Canada Composite accepts 0.67% volatility on return distribution over the 30 days horizon.