Gunnison Copper Corp Stock Volatility
| GCU Stock | 0.59 0.07 13.46% |
Gunnison Copper appears to be out of control, given 3 months investment horizon. Gunnison Copper Corp holds Efficiency (Sharpe) Ratio of 0.17, which attests that the entity had a 0.17 % return per unit of risk over the last 3 months. By evaluating Gunnison Copper's technical indicators, you can evaluate if the expected return of 0.84% is justified by implied risk. Please utilize Gunnison Copper's Risk Adjusted Performance of 0.0913, downside deviation of 5.41, and Market Risk Adjusted Performance of 0.4324 to validate if our risk estimates are consistent with your expectations.
Sharpe Ratio = 0.165
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Estimated Market Risk
| 5.06 actual daily | 45 55% of assets are more volatile |
Expected Return
| 0.84 actual daily | 16 84% of assets have higher returns |
Risk-Adjusted Return
| 0.17 actual daily | 13 87% of assets perform better |
Based on monthly moving average Gunnison Copper is performing at about 13% 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 Gunnison Copper by adding it to a well-diversified portfolio.
Key indicators related to Gunnison Copper's volatility include:30 Days Market Risk | Chance Of Distress | 30 Days Economic Sensitivity |
Gunnison Copper 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 Gunnison daily returns, and it is calculated using variance and standard deviation. We also use Gunnison's beta, its sensitivity to the market, as well as its odds of financial distress to provide a more practical estimation of Gunnison Copper volatility.
Gunnison |
Since volatility provides investors with entry points to take advantage of stock prices, companies, such as Gunnison Copper 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 Gunnison Copper at lower prices. For example, an investor can purchase Gunnison 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 Gunnison Copper'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. Main indicators related to Gunnison Copper's market risk premium analysis include:
Beta 1.41 | Alpha 0.47 | Risk 5.06 | Sharpe Ratio 0.17 | Expected Return 0.84 |
Moving together with Gunnison Stock
| 0.77 | FM | First Quantum Minerals | PairCorr |
| 0.75 | HBM | HudBay Minerals | PairCorr |
| 0.67 | CS | Capstone Mining Corp | PairCorr |
| 0.61 | ERO | Ero Copper Corp | PairCorr |
| 0.64 | III | Imperial Metals | PairCorr |
| 0.65 | ASCU | Arizona Sonoran Copper | PairCorr |
| 0.61 | BNP | BNP Paribas CDR | PairCorr |
| 0.79 | BMO | Bank of Montreal | PairCorr |
| 0.73 | NXR-UN | Nexus Real Estate | PairCorr |
| 0.66 | SLVR | Silver Tiger Metals | PairCorr |
| 0.84 | BPO-PN | Brookfield Offi Pro | PairCorr |
| 0.69 | GMG | Graphene Manufacturing | PairCorr |
| 0.7 | PGDC | Patagonia Gold Corp | PairCorr |
Moving against Gunnison Stock
Gunnison Copper Market Sensitivity And Downside Risk
Gunnison Copper's beta coefficient measures the volatility of Gunnison 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 Gunnison stock's returns against your selected market. In other words, Gunnison Copper's beta of 1.41 provides an investor with an approximation of how much risk Gunnison Copper stock can potentially add to one of your existing portfolios. Gunnison Copper Corp shows above-average downside volatility for the selected time horizon. Gunnison Copper Corp is a potential penny stock. Although Gunnison Copper may be in fact a good instrument to invest, many penny 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 Gunnison Copper Corp. 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 Gunnison instrument if you perfectly time your entry and exit. However, remember that penny stocks 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 Gunnison Copper Corp Demand TrendCheck current 90 days Gunnison Copper correlation with market (Dow Jones Industrial)Gunnison Copper Volatility and Downside Risk
Gunnison 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.
Gunnison Copper Corp Stock Volatility Analysis
Volatility refers to the frequency at which Gunnison Copper stock price increases or decreases within a specified period. These fluctuations usually indicate the level of risk that's associated with Gunnison Copper's price changes. Investors will then calculate the volatility of Gunnison Copper's stock to predict their future moves. A 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 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 Gunnison Copper's volatility:
Historical Volatility
This type of stock volatility measures Gunnison Copper's fluctuations based on previous trends. It's commonly used to predict Gunnison Copper'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 Gunnison Copper's current market price. This means that the stock will return to its initially predicted market price. This type of volatility can be derived from derivative instruments written on Gunnison Copper'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. Developed by Larry Williams, the Weighted Close is the average of Gunnison Copper Corp high, low and close of a chart with the close values weighted twice. It can be used to smooth an indicator that normally takes only Gunnison Copper closing price as input.
Gunnison Copper Projected Return Density Against Market
Assuming the 90 days trading horizon the stock has the beta coefficient of 1.4055 . This usually indicates as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Gunnison Copper 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 Gunnison Copper or Basic Materials 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 Gunnison Copper'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 Gunnison 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.
Gunnison Copper Corp has an alpha of 0.4667, implying that it can generate a 0.47 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Predicted Return Density |
| Returns |
What Drives a Gunnison Copper Price Volatility?
Several factors can influence a 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 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.Gunnison Copper Stock Risk Measures
Assuming the 90 days trading horizon the coefficient of variation of Gunnison Copper is 606.04. The daily returns are distributed with a variance of 25.61 and standard deviation of 5.06. The mean deviation of Gunnison Copper Corp is currently at 3.61. For similar time horizon, the selected benchmark (Dow Jones Industrial) has volatility of 0.69
α | Alpha over Dow Jones | 0.47 | |
β | Beta against Dow Jones | 1.41 | |
σ | Overall volatility | 5.06 | |
Ir | Information ratio | 0.1 |
Gunnison Copper Stock Return Volatility
Gunnison Copper historical daily return volatility represents how much of Gunnison Copper stock's daily returns swing around its mean - it is a statistical measure of its dispersion of returns. The firm assumes 5.0608% volatility of returns over the 90 days investment horizon. By contrast, Dow Jones Industrial accepts 0.6928% volatility on return distribution over the 90 days horizon. Performance |
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Related Correlations Analysis
Risk-Adjusted Indicators
There is a big difference between Gunnison Stock performing well and Gunnison Copper 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 Gunnison Copper'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| HCH | 4.45 | 0.85 | 0.16 | 0.84 | 4.15 | 12.90 | 23.88 | |||
| ECU | 2.56 | 0.19 | 0.04 | 0.52 | 2.77 | 6.25 | 12.61 | |||
| FURY | 3.38 | (0.25) | 0.00 | (0.14) | 0.00 | 7.79 | 20.72 | |||
| HI | 2.22 | (0.06) | (0.01) | (0.01) | 3.14 | 7.69 | 20.95 | |||
| GG | 4.41 | 0.21 | 0.07 | 0.19 | 4.31 | 10.34 | 20.30 | |||
| SSV | 5.55 | 1.08 | 0.19 | 0.47 | 5.85 | 12.96 | 28.46 | |||
| FPX | 3.85 | 0.27 | 0.03 | (2.68) | 4.26 | 9.30 | 27.91 | |||
| MGG | 5.25 | 0.38 | 0.09 | 0.22 | 4.99 | 13.51 | 33.11 | |||
| BCM | 6.96 | 0.53 | 0.05 | 0.50 | 9.16 | 18.37 | 61.22 |
About Gunnison Copper Volatility
Volatility is a rate at which the price of Gunnison Copper 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 Gunnison Copper may increase or decrease. In other words, similar to Gunnison's beta indicator, it measures the risk of Gunnison Copper and helps estimate the fluctuations that may happen in a short period of time. So if prices of Gunnison Copper 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.| Last Reported | Projected for Next Year | ||
| Market Cap | 49.2 M | 52.8 M |
Gunnison Copper'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 Gunnison Stock over a specified period of time, often expressed as the standard deviation of daily returns. In other words, it measures how much Gunnison Copper's price varies over time.
3 ways to utilize Gunnison Copper's volatility to invest better
Higher Gunnison Copper's stock volatility means that the price of its stock is changing rapidly and unpredictably, while lower stock volatility indicates that the price of Gunnison Copper Corp 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. Gunnison Copper Corp 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 Gunnison Copper Corp investment. A higher volatility means higher risk and potentially larger changes in value.
- Identifying Opportunities: High volatility in Gunnison Copper'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 Gunnison Copper's stock relates to your other investments can help you create a well-diversified portfolio of assets with varying levels of risk.
Gunnison Copper Investment Opportunity
Gunnison Copper Corp has a volatility of 5.06 and is 7.33 times more volatile than Dow Jones Industrial. 45 percent of all equities and portfolios are less risky than Gunnison Copper. You can use Gunnison Copper Corp to enhance the returns of your portfolios. The stock experiences a very speculative upward sentiment. Check odds of Gunnison Copper to be traded at 0.7375 in 90 days.Average diversification
The correlation between Gunnison Copper Corp and DJI is 0.19 (i.e., Average diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Gunnison Copper Corp and DJI in the same portfolio, assuming nothing else is changed.
Gunnison Copper Additional Risk Indicators
The analysis of Gunnison Copper'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 Gunnison Copper's investment and either accepting that risk or mitigating it. Along with some common measures of Gunnison Copper 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 | 0.0913 | |||
| Market Risk Adjusted Performance | 0.4324 | |||
| Mean Deviation | 3.59 | |||
| Semi Deviation | 3.51 | |||
| Downside Deviation | 5.41 | |||
| Coefficient Of Variation | 838.24 | |||
| Standard Deviation | 5.06 |
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 stocks with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.
Gunnison Copper 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.
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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 Gunnison Copper 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. Gunnison Copper'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, Gunnison Copper'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 Gunnison Copper Corp.
Other Information on Investing in Gunnison Stock
Gunnison Copper financial ratios help investors to determine whether Gunnison Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Gunnison with respect to the benefits of owning Gunnison Copper security.