Alphamin Resources Corp Stock Volatility
| AFMJF Stock | USD 0.83 0.04 4.60% |
Alphamin Resources appears to be dangerous, given 3 months investment horizon. Alphamin Resources Corp secures Sharpe Ratio (or Efficiency) of 0.19, which signifies that the company had a 0.19% return per unit of risk over the last 3 months. By analyzing Alphamin Resources' technical indicators, you can evaluate if the expected return of 0.6% is justified by implied risk. Please makes use of Alphamin Resources' Mean Deviation of 2.49, downside deviation of 3.15, and Risk Adjusted Performance of 0.111 to double-check if our risk estimates are consistent with your expectations. Key indicators related to Alphamin Resources' volatility include:
720 Days Market Risk | Chance Of Distress | 720 Days Economic Sensitivity |
Alphamin Resources Pink Sheet 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 Alphamin daily returns, and it is calculated using variance and standard deviation. We also use Alphamin's beta, its sensitivity to the market, as well as its odds of financial distress to provide a more practical estimation of Alphamin Resources volatility.
Alphamin |
Since volatility provides investors with entry points to take advantage of stock prices, companies, such as Alphamin Resources can benefit from it. Downward market volatility can be a perfect environment for investors who play the long game. Here, they may decide to buy additional stocks of Alphamin Resources at lower prices. For example, an investor can purchase Alphamin stock that has halved in price over a short period. This will lower your average cost per share, thereby improving your portfolio's performance when the markets normalize. Similarly, when the prices of Alphamin Resources' stock rises, investors can sell out and invest the proceeds in other equities with better opportunities. Investing when markets are volatile with better valuations will accord both investors and companies the opportunity to generate better long-term returns.
Moving together with Alphamin Pink Sheet
Moving against Alphamin Pink Sheet
| 0.76 | ASTSW | AST SpaceMobile | PairCorr |
| 0.68 | TLK | Telkom Indonesia Tbk Financial Report 26th of April 2024 | PairCorr |
| 0.56 | TLKMF | Telkom Indonesia Tbk | PairCorr |
Alphamin Resources Market Sensitivity And Downside Risk
Alphamin Resources' beta coefficient measures the volatility of Alphamin pink sheet 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 Alphamin pink sheet's returns against your selected market. In other words, Alphamin Resources's beta of 0.52 provides an investor with an approximation of how much risk Alphamin Resources pink sheet can potentially add to one of your existing portfolios. Alphamin Resources Corp shows above-average downside volatility for the selected time horizon. Alphamin Resources Corp is a potential penny stock. Although Alphamin Resources may be in fact a good instrument to invest, many penny pink sheets are speculative in nature and are subject to artificial price hype. Please make sure you totally understand the upside potential and downside risk of investing in Alphamin Resources Corp. We encourage investors to look for signals such as email spams, message board hypes, claims of breakthroughs, volume upswings, sudden news releases, promotions that are not reported, or demotions released before SEC filings. Please also check biographies and work history of current and past company officers before investing in high volatility instruments, penny stocks, or equities with microcap classification. You can indeed make money on Alphamin instrument if you perfectly time your entry and exit. However, remember that penny pink sheets 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 Alphamin Resources Corp Demand TrendCheck current 90 days Alphamin Resources correlation with market (NYSE Composite)Alphamin Beta |
Alphamin 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 | 3.11 |
It is essential to understand the difference between upside risk (as represented by Alphamin Resources's standard deviation) and the downside risk, which can be measured by semi-deviation or downside deviation of Alphamin Resources' daily returns or price. Since the actual investment returns on holding a position in alphamin pink sheet 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 Alphamin Resources.
Alphamin Resources Corp Pink Sheet Volatility Analysis
Volatility refers to the frequency at which Alphamin Resources pink sheet price increases or decreases within a specified period. These fluctuations usually indicate the level of risk that's associated with Alphamin Resources' price changes. Investors will then calculate the volatility of Alphamin Resources' pink sheet to predict their future moves. A pink sheet that has erratic price changes quickly hits new highs, and lows are considered highly volatile. A pink sheet with relatively stable price changes has low volatility. A highly volatile pink sheet 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 Alphamin Resources' volatility:
Historical Volatility
This type of pink sheet volatility measures Alphamin Resources' fluctuations based on previous trends. It's commonly used to predict Alphamin Resources' future behavior based on its past. However, it cannot conclusively determine the future direction of the pink sheet.Implied Volatility
This type of volatility provides a positive outlook on future price fluctuations for Alphamin Resources' current market price. This means that the pink sheet will return to its initially predicted market price. This type of volatility can be derived from derivative instruments written on Alphamin Resources' 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. Alphamin Resources Corp 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.
Alphamin Resources Projected Return Density Against Market
Assuming the 90 days horizon Alphamin Resources has a beta of 0.5154 . This suggests as returns on the market go up, Alphamin Resources average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Alphamin Resources Corp will be expected to be much smaller as well.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 Alphamin Resources or Metals & Mining 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 Alphamin Resources' price will be affected by overall pink sheet 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 Alphamin pink sheet'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.
Alphamin Resources Corp has an alpha of 0.4693, implying that it can generate a 0.47 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta). Predicted Return Density |
| Returns |
What Drives an Alphamin Resources Price Volatility?
Several factors can influence a pink sheet'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.Alphamin Resources Pink Sheet Risk Measures
Assuming the 90 days horizon the coefficient of variation of Alphamin Resources is 518.38. The daily returns are distributed with a variance of 9.65 and standard deviation of 3.11. The mean deviation of Alphamin Resources Corp is currently at 2.48. For similar time horizon, the selected benchmark (NYSE Composite) has volatility of 0.62
α | Alpha over NYSE Composite | 0.47 | |
β | Beta against NYSE Composite | 0.52 | |
σ | Overall volatility | 3.11 | |
Ir | Information ratio | 0.14 |
Alphamin Resources Pink Sheet Return Volatility
Alphamin Resources historical daily return volatility represents how much of Alphamin Resources pink sheet's daily returns swing around its mean - it is a statistical measure of its dispersion of returns. The company shows 3.1058% volatility of returns over 90 . By contrast, NYSE Composite accepts 0.6245% volatility on return distribution over the 90 days horizon. Performance |
| Timeline |
About Alphamin Resources Volatility
Volatility is a rate at which the price of Alphamin Resources 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 Alphamin Resources may increase or decrease. In other words, similar to Alphamin's beta indicator, it measures the risk of Alphamin Resources and helps estimate the fluctuations that may happen in a short period of time. So if prices of Alphamin Resources 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.Alphamin Resources Corp., together with its subsidiaries, engages in the extraction, production, and sale of tin concentrates in the Democratic Republic of the Congo. Alphamin Resources Corp. was incorporated in 1981 and is headquartered in Grand Baie, Mauritius. Alphamin Resources is traded on OTC Exchange in the United States.
Alphamin Resources' 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 Alphamin Pink Sheet over a specified period of time, often expressed as the standard deviation of daily returns. In other words, it measures how much Alphamin Resources' price varies over time.
3 ways to utilize Alphamin Resources' volatility to invest better
Higher Alphamin Resources' stock volatility means that the price of its stock is changing rapidly and unpredictably, while lower stock volatility indicates that the price of Alphamin Resources Corp 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. Alphamin Resources Corp 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 Alphamin Resources Corp investment. A higher volatility means higher risk and potentially larger changes in value.
- Identifying Opportunities: High volatility in Alphamin Resources' 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 Alphamin Resources' stock relates to your other investments can help you create a well-diversified portfolio of assets with varying levels of risk.
Alphamin Resources Investment Opportunity
Alphamin Resources Corp has a volatility of 3.11 and is 5.02 times more volatile than NYSE Composite. Compared to the overall equity markets, volatility of historical daily returns of Alphamin Resources Corp is lower than 27 percent of all global equities and portfolios over the last 90 days. You can use Alphamin Resources Corp to protect your portfolios against small market fluctuations. The pink sheet experiences a very speculative downward sentiment. The market maybe over-reacting. Check odds of Alphamin Resources to be traded at $0.7885 in 90 days.Average diversification
The correlation between Alphamin Resources Corp and NYA is 0.1 (i.e., Average diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Alphamin Resources Corp and NYA in the same portfolio, assuming nothing else is changed.
Alphamin Resources Additional Risk Indicators
The analysis of Alphamin Resources' 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 Alphamin Resources' investment and either accepting that risk or mitigating it. Along with some common measures of Alphamin Resources pink sheet'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 | 0.111 | |||
| Market Risk Adjusted Performance | 0.9888 | |||
| Mean Deviation | 2.49 | |||
| Semi Deviation | 2.31 | |||
| Downside Deviation | 3.15 | |||
| Coefficient Of Variation | 601.04 | |||
| Standard Deviation | 3.09 |
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential pink sheets, we recommend comparing similar pink sheets with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.
Alphamin Resources 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 Alphamin Resources 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. Alphamin Resources' 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, Alphamin Resources' 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 Alphamin Resources Corp.
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Alphamin Resources Corp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in inflation. You can also try the ETF Categories module to list of ETF categories grouped based on various criteria, such as the investment strategy or type of investments.
Complementary Tools for Alphamin Pink Sheet analysis
When running Alphamin Resources' price analysis, check to measure Alphamin Resources' 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 Alphamin Resources is operating at the current time. Most of Alphamin Resources' value examination focuses on studying past and present price action to predict the probability of Alphamin Resources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Alphamin Resources' price. Additionally, you may evaluate how the addition of Alphamin Resources to your portfolios can decrease your overall portfolio volatility.
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