American Copper Development Stock Performance
| ACDXF Stock | 0.02 0.01 32.96% |
American Copper holds a performance score of 7 on a scale of zero to a hundred. The firm shows a Beta (market volatility) of 1.66, which signifies a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, American Copper will likely underperform. Use American Copper coefficient of variation, potential upside, day median price, as well as the relationship between the sortino ratio and skewness , to analyze future returns on American Copper.
Risk-Adjusted Performance
7 of 100
Weak | Strong |
OK
Compared to the overall equity markets, risk-adjusted returns on investments in American Copper Development are ranked lower than 7 (%) of all global equities and portfolios over the last 90 days. Despite nearly weak basic indicators, American Copper reported solid returns over the last few months and may actually be approaching a breakup point. ...more
American |
American Copper Relative Risk vs. Return Landscape
If you would invest 2.01 in American Copper Development on November 3, 2024 and sell it today you would earn a total of 0.39 from holding American Copper Development or generate 19.4% return on investment over 90 days. American Copper Development is currently producing 1.5301% returns and takes up 17.0279% volatility of returns over 90 trading days. Put another way, most equities are less risky on the basis of their return distribution than American, and majority of traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
American Copper Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for American Copper's investment risk. Standard deviation is the most common way to measure market volatility of otc stocks, such as American Copper Development, and traders can use it to determine the average amount a American Copper's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.0899
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ACDXF | |||
| Small Returns | ||||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 17.03 actual daily | 96 96% of assets are less volatile |
Expected Return
| 1.53 actual daily | 30 70% of assets have higher returns |
Risk-Adjusted Return
| 0.09 actual daily | 7 93% of assets perform better |
Based on monthly moving average American Copper is performing at about 7% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of American Copper by adding it to a well-diversified portfolio.
Things to note about American Copper Deve performance evaluation
Checking the ongoing alerts about American Copper for important developments is a great way to find new opportunities for your next move. OTC Stock alerts and notifications screener for American Copper Deve help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| American Copper Deve is way too risky over 90 days horizon | |
| American Copper Deve has some characteristics of a very speculative penny stock | |
| American Copper Deve appears to be risky and price may revert if volatility continues |
- Analyzing American Copper's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether American Copper's stock is overvalued or undervalued compared to its peers.
- Examining American Copper's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating American Copper's management team can have a significant impact on its success or failure. Reviewing the track record and experience of American Copper's management team can help you assess the OTC Stock's leadership.
- Pay attention to analyst opinions and ratings of American Copper's otc stock. These opinions can provide insight into American Copper's potential for growth and whether the stock is currently undervalued or overvalued.
Complementary Tools for American OTC Stock analysis
When running American Copper's price analysis, check to measure American Copper's 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 American Copper is operating at the current time. Most of American Copper's value examination focuses on studying past and present price action to predict the probability of American Copper's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move American Copper's price. Additionally, you may evaluate how the addition of American Copper to your portfolios can decrease your overall portfolio volatility.
| Performance Analysis Check effects of mean-variance optimization against your current asset allocation | |
| Portfolio Volatility Check portfolio volatility and analyze historical return density to properly model market risk | |
| Portfolio Holdings Check your current holdings and cash postion to detemine if your portfolio needs rebalancing | |
| Options Analysis Analyze and evaluate options and option chains as a potential hedge for your portfolios | |
| Correlation Analysis Reduce portfolio risk simply by holding instruments which are not perfectly correlated | |
| Transaction History View history of all your transactions and understand their impact on performance | |
| Stock Tickers Use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites | |
| Bollinger Bands Use Bollinger Bands indicator to analyze target price for a given investing horizon | |
| Funds Screener Find actively-traded funds from around the world traded on over 30 global exchanges |