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
Chance of Distress in 24 months
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 TrendCheck current 30 days ANTOFAGASTA correlation with market (DOW)|
β = 1.108
ANTOFAGASTA Central Daily Price Deviation
ANTOFAGASTA Technical Analysis
ANTOFAGASTA Projected Return Density Against MarketAssuming 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
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
|Alpha over DOW||=||0.0353|
|Beta against DOW||=||1.11|
ANTOFAGASTA Return Volatilitythe 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.
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
ANTOFAGASTA Current Risk Indicators
|Risk Adjusted Performance||0.0133|
|Market Risk Adjusted Performance||0.018|
|Coefficient Of Variation||13841.99|
ANTOFAGASTA Suggested Diversification Pairs