ANTOFAGASTA Risk Analysis And Volatility

ANFGF -- USA Stock  

USD 11.09  0.65  6.23%

We consider ANTOFAGASTA moderately volatile. ANTOFAGASTA secures Sharpe Ratio (or Efficiency) of 0.0112 which signifies that the organization had 0.0112% of return per unit of risk over the last 3 months. Our philosophy in foreseeing volatility of a stock is to use all available market data together with stock specific technical indicators that cannot be diversified away. We have found twenty-one technical indicators for ANTOFAGASTA which you can use to evaluate future volatility of the firm. Please confirm ANTOFAGASTA Risk Adjusted Performance of 0.0133 and Mean Deviation of 1.35 to double-check if risk estimate we provide are consistent with the epected return of 0.0298%.

90 Days Market Risk

Moderately volatile

Chance of Distress in 24 months

Below average

90 Days Economic Sensitivity

Almost mirrors market
Horizon     30 Days    Login   to change

ANTOFAGASTA Market Sensitivity

ANTOFAGASTA returns are very sensitive to returns on the market. As market goes up or down, ANTOFAGASTA is expected to follow.
3 Months Beta |Analyze ANTOFAGASTA Demand Trend
Check current 30 days ANTOFAGASTA correlation with market (DOW)
β = 1.108

ANTOFAGASTA Central Daily Price Deviation

ANTOFAGASTA 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 ANTOFAGASTA price series. View also all equity analysis or get more info about median price price transform indicator.

ANTOFAGASTA Projected Return Density Against Market

Assuming 30 trading days horizon, the otc stock has beta coefficient of 1.108 . This suggests ANTOFAGASTA market returns are highly-sensitive to returns on the market. As the market goes up or down, ANTOFAGASTA is expected to follow. Moreover, The company has an alpha of 0.0353 implying that it can potentially generate 0.0353% excess return over DOW after adjusting for the inherited market risk (beta).
 Predicted Return Density 
      Returns 
Assuming 30 trading days horizon, the coefficient of variation of ANTOFAGASTA is 8950.83. The daily returns are destributed with a variance of 7.12 and standard deviation of 2.67. The mean deviation of ANTOFAGASTA is currently at 1.41. For similar time horizon, the selected benchmark (DOW) has volatility of 0.97
α
Alpha over DOW
=0.0353
β
Beta against DOW=1.11
σ
Overall volatility
=2.67
Ir
Information ratio =0.0126

ANTOFAGASTA Return Volatility

the firm shows 2.6691% volatility of returns over 30 trading days. the entity inherits 0.9931% risk (volatility on return distribution) over the 30 days horizon.
 Performance (%) 
      Timeline 

ANTOFAGASTA Investment Opportunity

ANTOFAGASTA has a volatility of 2.67 and is 2.7 times more volatile than DOW. 23  of all equities and portfolios are less risky than ANTOFAGASTA. Compared to the overall equity markets, volatility of historical daily returns of ANTOFAGASTA is lower than 23 () of all global equities and portfolios over the last 30 days. Use ANTOFAGASTA to enhance returns of your portfolios. The otc stock experiences very speculative upward sentiment. The trend is possibly hyped up. Check odds of ANTOFAGASTA to be traded at $13.86 in 30 days. . ANTOFAGASTA returns are very sensitive to returns on the market. As market goes up or down, ANTOFAGASTA is expected to follow.

ANTOFAGASTA correlation with market

correlation synergy
Very weak diversification
Overlapping area represents the amount of risk that can be diversified away by holding ANTOFAGASTA and equity matching DJI index in the same portfolio.

ANTOFAGASTA Current Risk Indicators

ANTOFAGASTA Suggested Diversification Pairs

Check also Trending Equities. Please also try Chance of Distress module to get analysis of equity chance of financial distress in the next 2 years.
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