Copper OTC Stock Volatility

OTC Stocks . USA . 
Stock . Copper Fox Metals
CPFXF Stock  USD 0.14  0.01  6.67%   
Copper Fox appears to be out of control, given 3 months investment horizon. Copper Fox Metals secures Sharpe Ratio (or Efficiency) of 0.0838, which signifies that the company had 0.0838% of return per unit of risk over the last 3 months. Our standpoint towards foreseeing the volatility of a stock is to use all available market data together with stock-specific technical indicators that cannot be diversified away. By analyzing Copper Fox Metals technical indicators you can presently evaluate if the expected return of 0.66% is justified by implied risk. Please makes use of Copper Fox's Risk Adjusted Performance of 0.0855, mean deviation of 5.83, and Downside Deviation of 9.5 to double-check if our risk estimates are consistent with your expectations.
  
Copper Fox OTC Stock 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 Copper daily returns, and it is calculated using variance and standard deviation. We also use Copper's beta, its sensitivity to the market, as well as its odds of financial distress to provide a more practical estimation of Copper Fox volatility.

720 Days Market Risk

Out of control

Chance of Distress

Low

720 Days Economic Sensitivity

Almost neglects market trends
Since volatility provides investors with entry points to take advantage of stock prices, companies, such as Copper Fox 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 Copper Fox at lower prices. For example, an investor can purchase Copper 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 Copper Fox's 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 Copper Fox

+0.67IRNRFIron Road LimitedPairCorr

Moving against Copper Fox

-0.77CHHEChina Health IndustriesPairCorr
-0.55PFEPfizer Inc Fiscal Quarter End 31st of March 2023 PairCorr
-0.53GSTXGraphene Solar TechnPairCorr
-0.48MRKMerck Company Fiscal Quarter End 31st of March 2023 PairCorr
-0.43GBHPFGlobal Hemp GroupPairCorr
-0.43JNJJohnson Johnson Fiscal Quarter End 31st of March 2023 PairCorr

Copper Fox Market Sensitivity And Downside Risk

Copper Fox's beta coefficient measures the volatility of Copper otc stock compared to the systematic risk of the entire stock 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 Copper otc stock's returns against your selected market. In other words, Copper Fox's beta of -0.4 provides an investor with an approximation of how much risk Copper Fox otc stock can potentially add to one of your existing portfolios.
Copper Fox Metals is showing large volatility of returns over the selected time horizon. We encourage all investors to investigate this asset further to ensure that related market timing strategies are aligned with all the expectations about Copper Fox implied risk. Copper Fox Metals is a potential penny stock. Although Copper Fox may be in fact a good instrument to invest, many penny otc stocks 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 Copper Fox Metals. 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 Copper instrument if you perfectly time your entry and exit. However, remember that penny otcs 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 Copper Fox Metals Demand Trend
Check current 90 days Copper Fox correlation with market (NYSE Composite)

Copper Beta

    
  -0.4  
Copper standard deviation measures the daily dispersion of prices over your selected time horizon relative to its mean. Typical volatile equity 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

    
  7.85  
It is essential to understand the difference between upside risk (as represented by Copper Fox's standard deviation) and the downside risk, which can be measured by semi-deviation or downside deviation of Copper Fox's daily returns or price. Since the actual investment returns on holding a position in copper otc stock 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 Copper Fox.

Copper Fox Metals OTC Stock Volatility Analysis

Volatility refers to the frequency at which Copper Fox otc price increases or decreases within a specified period. These fluctuations usually indicate the level of risk that's associated with Copper Fox's price changes. Investors will then calculate the volatility of Copper Fox's otc stock to predict their future moves. A otc that has erratic price changes quickly hits new highs, and lows are considered highly volatile. A otc stock with relatively stable price changes has low volatility. A highly volatile otc 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 Copper Fox's volatility:

Historical Volatility

This type of otc volatility measures Copper Fox's fluctuations based on previous trends. It's commonly used to predict Copper Fox's future behavior based on its past. However, it cannot conclusively determine the future direction of the otc stock.

Implied Volatility

This type of volatility provides a positive outlook on future price fluctuations for Copper Fox's current market price. This means that the otc will return to its initially predicted market price. This type of volatility can be derived from derivative instruments written on Copper Fox's 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. Copper Fox Metals 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.
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Copper Fox Projected Return Density Against Market

Assuming the 90 days horizon Copper Fox Metals has a beta of -0.399 suggesting as returns on benchmark increase, returns on holding Copper Fox are expected to decrease at a much lower rate. During the bear market, however, Copper Fox Metals is likely to outperform the market.
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 Copper Fox 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 Copper Fox's price will be affected by overall otc stock 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 Copper otc'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.
The company has an alpha of 0.6271, implying that it can generate a 0.63 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
   Predicted Return Density   
       Returns  
Copper Fox's volatility is measured either by using standard deviation or beta. Standard deviation will reflect the average amount of how copper otc stock's price will differ from the mean after some time.To get its calculation, you should first determine the mean price during the specified period then subtract that from each price point.

What Drives a Copper Fox Price Volatility?

Several factors can influence a otc'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.

Copper Fox OTC Stock Risk Measures

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 Copper Fox 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 Copper Fox's price will be affected by overall otc stock 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 Copper otc'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. Assuming the 90 days horizon the coefficient of variation of Copper Fox is 1193.28. The daily returns are distributed with a variance of 61.59 and standard deviation of 7.85. The mean deviation of Copper Fox Metals is currently at 5.47. For similar time horizon, the selected benchmark (NYSE Composite) has volatility of 0.95
α
Alpha over NYSE Composite		0.63
β
Beta against NYSE Composite-0.4
σ
Overall volatility		7.85
Ir
Information ratio 0.08

Copper Fox OTC Stock Return Volatility

Copper Fox historical daily return volatility represents how much of Copper Fox otc's daily returns swing around its mean - it is a statistical measure of its dispersion of returns. The company shows 7.8478% volatility of returns over 90 . By contrast, NYSE Composite accepts 0.9578% volatility on return distribution over the 90 days horizon.
 Performance (%) 
       Timeline  

About Copper Fox Volatility

Volatility is a rate at which the price of Copper Fox 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 Copper Fox may increase or decrease. In other words, similar to Copper's beta indicator, it measures the risk of Copper Fox and helps estimate the fluctuations that may happen in a short period of time. So if prices of Copper Fox 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.
Copper Fox Metals Inc., a resource company, engages in the exploration and development of copper mineral properties in Canada and the United States. The company was incorporated in 2004 and is headquartered in Calgary, Canada. Copper Fox operates under C
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