Gold Inc Volatility
| AMRKDelisted Stock | USD 43.11 0.89 2.02% |
Gold is out of control given 3 months investment horizon. Gold Inc holds Efficiency (Sharpe) Ratio of 0.19, which attests that the entity had a 0.19 % return per unit of risk over the last 3 months. We were able to interpolate data for twenty-nine different technical indicators, which can help you to evaluate if expected returns of 37.06% are justified by taking the suggested risk. Use Gold Inc Downside Deviation of 29.91, risk adjusted performance of 0.148, and Market Risk Adjusted Performance of 10.31 to evaluate company specific risk that cannot be diversified away.
Sharpe Ratio = 0.1857
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Based on monthly moving average Gold is performing at about 14% 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 Gold by adding it to a well-diversified portfolio.
Key indicators related to Gold's volatility include:90 Days Market Risk | Chance Of Distress | 90 Days Economic Sensitivity |
Gold 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 Gold daily returns, and it is calculated using variance and standard deviation. We also use Gold's beta, its sensitivity to the market, as well as its odds of financial distress to provide a more practical estimation of Gold volatility.
Gold |
Downward market volatility can be a perfect environment for investors who play the long game. Here, they may decide to buy additional stocks of Gold at lower prices. For example, an investor can purchase Gold stock that has halved in price over a short period. This will lower their average cost per share, thereby improving the overall portfolio performance when market normalizes. Main indicators related to Gold's market risk premium analysis include:
Beta 26.69 | Alpha 272.77 | Risk 199.55 | Sharpe Ratio 0.19 | Expected Return 37.06 |
Gold Market Sensitivity And Downside Risk
Gold's beta coefficient measures the volatility of Gold stock 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 Gold stock's returns against your selected market. In other words, Gold's beta of 26.69 provides an investor with an approximation of how much risk Gold stock can potentially add to one of your existing portfolios. Gold Inc is showing large volatility of returns over the selected time horizon. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Gold's stock risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact Gold's stock price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different financial instruments as prices fall.
3 Months Beta |Analyze Gold Inc Demand TrendCheck current 90 days Gold correlation with market (Dow Jones Industrial)Gold Volatility and Downside Risk
Gold 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.
Gold Inc Stock Volatility Analysis
Volatility refers to the frequency at which Gold delisted stock price increases or decreases within a specified period. These fluctuations usually indicate the level of risk that's associated with Gold's price changes. Investors will then calculate the volatility of Gold's stock to predict their future moves. A delisted stock that has erratic price changes quickly hits new highs, and lows are considered highly volatile. A stock with relatively stable price changes has low volatility. A highly volatile delisted stock 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 Gold's volatility:
Historical Volatility
This type of delisted stock volatility measures Gold's fluctuations based on previous trends. It's commonly used to predict Gold's future behavior based on its past. However, it cannot conclusively determine the future direction of the stock.Implied Volatility
This type of volatility provides a positive outlook on future price fluctuations for Gold's current market price. This means that the delisted stock will return to its initially predicted market price. This type of volatility can be derived from derivative instruments written on Gold's to be redeemed at a future date.Transformation |
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Gold Projected Return Density Against Market
Given the investment horizon of 90 days the stock has the beta coefficient of 26.6941 . This suggests as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Gold will likely underperform.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 Gold or Financial Services 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 Gold's price will be affected by overall 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 Gold delisted stock'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.
Predicted Return Density |
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What Drives a Gold Price Volatility?
Several factors can influence a delisted stock'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 investor attention to the company. This positive attention may impact the company's stock price. In contrast, product recalls and data breaches may negatively influence a company's stock prices.Gold Stock Risk Measures
Given the investment horizon of 90 days the coefficient of variation of Gold is 538.44. The daily returns are distributed with a variance of 39820.76 and standard deviation of 199.55. The mean deviation of Gold Inc is currently at 77.04. For similar time horizon, the selected benchmark (Dow Jones Industrial) has volatility of 0.8
α | Alpha over Dow Jones | 272.77 | |
β | Beta against Dow Jones | 26.69 | |
σ | Overall volatility | 199.55 | |
Ir | Information ratio | 0.17 |
Gold Stock Return Volatility
Gold historical daily return volatility represents how much of Gold delisted stock's daily returns swing around its mean - it is a statistical measure of its dispersion of returns. The company inherits 199.5514% risk (volatility on return distribution) over the 90 days horizon. By contrast, Dow Jones Industrial accepts 0.7778% volatility on return distribution over the 90 days horizon. Performance |
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Related Correlations Analysis
Correlation Matchups
Over a given time period, the two securities move together when the Correlation Coefficient is positive. Conversely, the two assets move in opposite directions when the Correlation Coefficient is negative. Determining your positions' relationship to each other is valuable for analyzing and projecting your portfolio's future expected return and risk.High positive correlations
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Risk-Adjusted Indicators
There is a big difference between Gold Stock performing well and Gold Company doing well as a business compared to the competition. There are so many exceptions to the norm that investors cannot definitively determine what's good or bad unless they analyze Gold's multiple risk-adjusted performance indicators across the competitive landscape. These indicators are quantitative in nature and help investors forecast volatility and risk-adjusted expected returns across various positions.| Mean Deviation | Jensen Alpha | Sortino Ratio | Treynor Ratio | Semi Deviation | Expected Shortfall | Potential Upside | Value @Risk | Maximum Drawdown | ||
|---|---|---|---|---|---|---|---|---|---|---|
| DEFT | 5.85 | (1.45) | 0.00 | (0.22) | 0.00 | 11.65 | 36.00 | |||
| AXG | 4.00 | (0.04) | 0.00 | 0.06 | 5.22 | 10.84 | 35.34 | |||
| OPY | 1.55 | 0.38 | 0.26 | 0.42 | 1.15 | 4.84 | 13.05 | |||
| FUFU | 3.44 | (0.42) | 0.00 | (0.44) | 0.00 | 6.06 | 15.99 | |||
| MFH | 8.68 | (1.46) | 0.00 | 15.72 | 0.00 | 17.84 | 46.71 | |||
| GEMI | 4.92 | (1.35) | 0.00 | (0.27) | 0.00 | 10.22 | 44.06 | |||
| HTBK | 1.19 | 0.28 | 0.19 | 0.34 | 1.12 | 2.87 | 9.66 | |||
| EIC | 0.88 | (0.31) | 0.00 | (0.45) | 0.00 | 1.18 | 7.18 | |||
| CAC | 1.43 | 0.29 | 0.18 | 0.34 | 1.26 | 3.78 | 10.30 | |||
| HIFS | 2.42 | 0.00 | 0.01 | 0.08 | 3.36 | 4.99 | 16.01 |
About Gold Volatility
Volatility is a rate at which the price of Gold 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 Gold may increase or decrease. In other words, similar to Gold's beta indicator, it measures the risk of Gold and helps estimate the fluctuations that may happen in a short period of time. So if prices of Gold 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.A-Mark Precious Metals, Inc., together with its subsidiaries, operates as a precious metals trading company. A-Mark Precious Metals, Inc. was founded in 1965 and is headquartered in El Segundo, California. A-Mark Precious operates under Capital Markets classification in the United States and is traded on NASDAQ Exchange. It employs 377 people.
Gold's 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 Gold Stock over a specified period of time, often expressed as the standard deviation of daily returns. In other words, it measures how much Gold's price varies over time.
3 ways to utilize Gold's volatility to invest better
Higher Gold's stock volatility means that the price of its stock is changing rapidly and unpredictably, while lower stock volatility indicates that the price of Gold Inc 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. Gold Inc 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 Gold Inc investment. A higher volatility means higher risk and potentially larger changes in value.
- Identifying Opportunities: High volatility in Gold's 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 Gold's stock relates to your other investments can help you create a well-diversified portfolio of assets with varying levels of risk.
Gold Investment Opportunity
Gold Inc has a volatility of 199.55 and is 255.83 times more volatile than Dow Jones Industrial. 96 percent of all equities and portfolios are less risky than Gold. You can use Gold Inc to protect your portfolios against small market fluctuations. The stock experiences an unexpected downward movement. The market is reacting to new fundamentals. Check odds of Gold to be traded at $41.39 in 90 days.Modest diversification
The correlation between Gold Inc and DJI is 0.2 (i.e., Modest diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Gold Inc and DJI in the same portfolio, assuming nothing else is changed.
Gold Additional Risk Indicators
The analysis of Gold's 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 Gold's investment and either accepting that risk or mitigating it. Along with some common measures of Gold stock'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 | 0.148 | |||
| Market Risk Adjusted Performance | 10.31 | |||
| Mean Deviation | 537.94 | |||
| Semi Deviation | 6.21 | |||
| Downside Deviation | 29.91 | |||
| Coefficient Of Variation | 579.98 | |||
| Standard Deviation | 1594.87 |
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential stocks, we recommend comparing similar delisted stocks with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.
Gold 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 Gold 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. Gold's 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, Gold's 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 Gold Inc.
Check out Trending Equities to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in real. You can also try the Options Analysis module to analyze and evaluate options and option chains as a potential hedge for your portfolios.
Other Consideration for investing in Gold Stock
If you are still planning to invest in Gold Inc check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Gold's history and understand the potential risks before investing.
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