Gold Fields Limited Volatility
| GFIOFDelisted Stock | USD 23.85 0.00 0.00% |
We have found twenty-four technical indicators for Gold Fields Limited, which you can use to evaluate the volatility of the firm. Please check out Gold Fields' Market Risk Adjusted Performance of 0.133, risk adjusted performance of 0.0408, and Downside Deviation of 7.76 to validate if the risk estimate we provide is consistent with the expected return of 0.0%. Key indicators related to Gold Fields' volatility include:
30 Days Market Risk | Chance Of Distress | 30 Days Economic Sensitivity |
Gold Fields Pink Sheet 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 Fields volatility.
Gold |
Since volatility provides investors with entry points to take advantage of stock prices, companies, such as Gold Fields can benefit from it. Downward market volatility can be a perfect environment for investors who play the long game as hey may decide to buy additional stocks of Gold Fields at lower prices to lower their average cost per share. Similarly, when the prices of Gold Fields' stock rise, investors can sell out and invest the proceeds in other equities with better opportunities.
Moving against Gold Pink Sheet
Gold Fields Market Sensitivity And Downside Risk
Gold Fields' beta coefficient measures the volatility of Gold pink sheet 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 pink sheet's returns against your selected market. In other words, Gold Fields's beta of 1.23 provides an investor with an approximation of how much risk Gold Fields pink sheet can potentially add to one of your existing portfolios. Gold Fields Limited shows above-average downside volatility for 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 Fields' pink sheet risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact Gold Fields' pink sheet 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 Fields Limited Demand TrendCheck current 90 days Gold Fields correlation with market (Dow Jones Industrial)Gold Beta |
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.
Standard Deviation | 0.0 |
It is essential to understand the difference between upside risk (as represented by Gold Fields's standard deviation) and the downside risk, which can be measured by semi-deviation or downside deviation of Gold Fields' daily returns or price. Since the actual investment returns on holding a position in gold pink sheet 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 Gold Fields.
Gold Fields Limited Pink Sheet Volatility Analysis
Volatility refers to the frequency at which Gold Fields pink sheet price increases or decreases within a specified period. These fluctuations usually indicate the level of risk that's associated with Gold Fields' price changes. Investors will then calculate the volatility of Gold Fields' pink sheet to predict their future moves. A pink sheet that has erratic price changes quickly hits new highs, and lows are considered highly volatile. A pink sheet with relatively stable price changes has low volatility. A highly volatile pink sheet 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 Fields' volatility:
Historical Volatility
This type of pink sheet volatility measures Gold Fields' fluctuations based on previous trends. It's commonly used to predict Gold Fields' future behavior based on its past. However, it cannot conclusively determine the future direction of the pink sheet.Implied Volatility
This type of volatility provides a positive outlook on future price fluctuations for Gold Fields' current market price. This means that the pink sheet will return to its initially predicted market price. This type of volatility can be derived from derivative instruments written on Gold Fields' to be redeemed at a future date.Transformation |
We are not able to run technical analysis function on this symbol. We either do not have that equity or its historical data is not available at this time. Please try again later.
Gold Fields Projected Return Density Against Market
Assuming the 90 days horizon the pink sheet has the beta coefficient of 1.2294 . 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, Gold Fields 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 Fields 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 Gold Fields' price will be affected by overall pink sheet 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 pink sheet'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.
Gold Fields Limited has an alpha of 0.0648, implying that it can generate a 0.0648 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Predicted Return Density |
| Returns |
What Drives a Gold Fields Price Volatility?
Several factors can influence a pink sheet'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.Gold Fields Pink Sheet Return Volatility
Gold Fields historical daily return volatility represents how much of Gold Fields pink sheet's daily returns swing around its mean - it is a statistical measure of its dispersion of returns. The company shows 0.0% volatility of returns over 90 . By contrast, Dow Jones Industrial accepts 0.7121% volatility on return distribution over the 90 days horizon. Performance |
| Timeline |
About Gold Fields Volatility
Volatility is a rate at which the price of Gold Fields 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 Fields may increase or decrease. In other words, similar to Gold's beta indicator, it measures the risk of Gold Fields and helps estimate the fluctuations that may happen in a short period of time. So if prices of Gold Fields 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.Gold Fields Limited operates as a gold producer with reserves and resources in Chile, South Africa, Ghana, West Africa, Australia, and Peru. Gold Fields Limited was founded in 1887 and is based in Sandton, South Africa. Gold Fields operates under Gold classification in the United States and is traded on OTC Exchange. It employs 6251 people.
Gold Fields' 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 Pink Sheet over a specified period of time, often expressed as the standard deviation of daily returns. In other words, it measures how much Gold Fields' price varies over time.
3 ways to utilize Gold Fields' volatility to invest better
Higher Gold Fields' stock volatility means that the price of its stock is changing rapidly and unpredictably, while lower stock volatility indicates that the price of Gold Fields Limited 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 Fields Limited 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 Fields Limited investment. A higher volatility means higher risk and potentially larger changes in value.
- Identifying Opportunities: High volatility in Gold Fields' 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 Fields' stock relates to your other investments can help you create a well-diversified portfolio of assets with varying levels of risk.
Gold Fields Investment Opportunity
Dow Jones Industrial has a standard deviation of returns of 0.71 and is 9.223372036854776E16 times more volatile than Gold Fields Limited. Compared to the overall equity markets, volatility of historical daily returns of Gold Fields Limited is lower than 0 percent of all global equities and portfolios over the last 90 days. You can use Gold Fields Limited to protect your portfolios against small market fluctuations. The pink sheet experiences a normal downward fluctuation but is a risky buy. Check odds of Gold Fields to be traded at $23.61 in 90 days.Modest diversification
The correlation between Gold Fields Limited and DJI is 0.25 (i.e., Modest diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Gold Fields Limited and DJI in the same portfolio, assuming nothing else is changed.
Gold Fields Additional Risk Indicators
The analysis of Gold Fields' 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 Fields' investment and either accepting that risk or mitigating it. Along with some common measures of Gold Fields pink sheet'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 | 0.0408 | |||
| Market Risk Adjusted Performance | 0.133 | |||
| Mean Deviation | 1.4 | |||
| Semi Deviation | 2.2 | |||
| Downside Deviation | 7.76 | |||
| Coefficient Of Variation | 2143.69 | |||
| Standard Deviation | 3.46 |
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential pink sheets, we recommend comparing similar pink sheets with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.
Gold Fields 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.
| Salesforce vs. Gold Fields | ||
| Citigroup vs. Gold Fields | ||
| Dupont De vs. Gold Fields | ||
| GM vs. Gold Fields | ||
| Microsoft vs. Gold Fields | ||
| SentinelOne vs. Gold Fields | ||
| Visa vs. Gold Fields | ||
| Ford vs. Gold Fields | ||
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 Fields 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 Fields' 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 Fields' 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 Fields Limited.
Check out Risk vs Return Analysis 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 metropolitan statistical area. You can also try the Positions Ratings module to determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance.
Other Consideration for investing in Gold Pink Sheet
If you are still planning to invest in Gold Fields Limited 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 Fields' history and understand the potential risks before investing.
| Portfolio Rebalancing Analyze risk-adjusted returns against different time horizons to find asset-allocation targets | |
| Economic Indicators Top statistical indicators that provide insights into how an economy is performing | |
| Correlation Analysis Reduce portfolio risk simply by holding instruments which are not perfectly correlated | |
| Bonds Directory Find actively traded corporate debentures issued by US companies |