Kavango Resources Plc Stock Volatility
| KVGOF Stock | USD 0.01 0 10.00% |
Kavango Resources Plc has Sharpe Ratio of -0.2, which conveys that the firm had a -0.2% return per unit of risk over the last 3 months. Kavango Resources exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Kavango Resources' Mean Deviation of 2.62, standard deviation of 5.08, and Risk Adjusted Performance of (0.17) to check out the risk estimate we provide. Key indicators related to Kavango Resources' volatility include:
180 Days Market Risk | Chance Of Distress | 180 Days Economic Sensitivity |
Kavango Resources 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 Kavango daily returns, and it is calculated using variance and standard deviation. We also use Kavango's beta, its sensitivity to the market, as well as its odds of financial distress to provide a more practical estimation of Kavango Resources volatility.
Kavango |
Since volatility provides investors with entry points to take advantage of stock prices, companies, such as Kavango Resources 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 Kavango Resources at lower prices to lower their average cost per share. Similarly, when the prices of Kavango Resources' stock rise, investors can sell out and invest the proceeds in other equities with better opportunities.
Moving against Kavango Pink Sheet
| 0.82 | AA | Alcoa Corp Fiscal Year End 15th of January 2025 | PairCorr |
| 0.82 | T | ATT Inc Fiscal Year End 22nd of January 2025 | PairCorr |
| 0.79 | AXP | American Express Fiscal Year End 24th of January 2025 | PairCorr |
| 0.78 | WMT | Walmart Aggressive Push | PairCorr |
| 0.76 | CVX | Chevron Corp Sell-off Trend | PairCorr |
| 0.69 | XOM | Exxon Mobil Corp Fiscal Year End 7th of February 2025 | PairCorr |
| 0.68 | BAC | Bank of America Aggressive Push | PairCorr |
| 0.65 | HPQ | HP Inc | PairCorr |
| 0.64 | INTC | Intel Fiscal Year End 23rd of January 2025 | PairCorr |
Kavango Resources Market Sensitivity And Downside Risk
Kavango Resources' beta coefficient measures the volatility of Kavango 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 Kavango pink sheet's returns against your selected market. In other words, Kavango Resources's beta of 0.33 provides an investor with an approximation of how much risk Kavango Resources pink sheet can potentially add to one of your existing portfolios. Kavango Resources Plc exhibits very low volatility with skewness of -2.98 and kurtosis of 10.14. Kavango Resources Plc is a penny stock. Even though Kavango Resources may be a good instrument to invest, many penny pink sheets are speculative instruments that are subject to artificial stock promotions. Please make sure you fully understand upside and downside scenarios of investing in Kavango Resources Plc or similar risky assets. We encourage investors to look for signals such as email spams, message board hypes, claims of breakthroughs, volume upswings,sudden promotions and many other similar artificial hype indicators. We also encourage traders to check work history of company executives before investing in high-volatility instruments, penny stocks, or equities with microcap classification. You can indeed make money on Kavango instrument if you perfectly time your entry and exit. However, remember that penny pink sheets 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 Kavango Resources Plc Demand TrendCheck current 90 days Kavango Resources correlation with market (Dow Jones Industrial)Kavango Beta |
Kavango 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 | 4.55 |
It is essential to understand the difference between upside risk (as represented by Kavango Resources's standard deviation) and the downside risk, which can be measured by semi-deviation or downside deviation of Kavango Resources' daily returns or price. Since the actual investment returns on holding a position in kavango 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 Kavango Resources.
Kavango Resources Plc Pink Sheet Volatility Analysis
Volatility refers to the frequency at which Kavango Resources pink sheet price increases or decreases within a specified period. These fluctuations usually indicate the level of risk that's associated with Kavango Resources' price changes. Investors will then calculate the volatility of Kavango Resources' 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 Kavango Resources' volatility:
Historical Volatility
This type of pink sheet volatility measures Kavango Resources' fluctuations based on previous trends. It's commonly used to predict Kavango Resources' 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 Kavango Resources' 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 Kavango Resources' 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. Kavango Resources Plc 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.
Kavango Resources Projected Return Density Against Market
Assuming the 90 days horizon Kavango Resources has a beta of 0.3277 . This indicates as returns on the market go up, Kavango Resources average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Kavango Resources Plc will be expected to be much smaller as well.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 Kavango Resources 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 Kavango Resources' 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 Kavango 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.
Kavango Resources Plc has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the Dow Jones Industrial. Predicted Return Density |
| Returns |
What Drives a Kavango Resources 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.Kavango Resources Pink Sheet Risk Measures
Assuming the 90 days horizon the coefficient of variation of Kavango Resources is -494.59. The daily returns are distributed with a variance of 20.67 and standard deviation of 4.55. The mean deviation of Kavango Resources Plc is currently at 2.15. For similar time horizon, the selected benchmark (Dow Jones Industrial) has volatility of 0.76
α | Alpha over Dow Jones | -1.25 | |
β | Beta against Dow Jones | 0.33 | |
σ | Overall volatility | 4.55 | |
Ir | Information ratio | -0.26 |
Kavango Resources Pink Sheet Return Volatility
Kavango Resources historical daily return volatility represents how much of Kavango Resources pink sheet's daily returns swing around its mean - it is a statistical measure of its dispersion of returns. The company shows 4.5463% volatility of returns over 90 . By contrast, Dow Jones Industrial accepts 0.7502% volatility on return distribution over the 90 days horizon. Performance |
| Timeline |
About Kavango Resources Volatility
Volatility is a rate at which the price of Kavango Resources 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 Kavango Resources may increase or decrease. In other words, similar to Kavango's beta indicator, it measures the risk of Kavango Resources and helps estimate the fluctuations that may happen in a short period of time. So if prices of Kavango Resources 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.Kavango Resources Plc, together with its subsidiaries, engages in the exploration of base and precious metals in Botswana. Its projects include the Kalahari Suture Zone project that consists of 12 prospecting licenses, which covers an area of 7,554 square kilometers located in the southwest of Botswana the kalahari copper belt project, which comprise of 4 prospecting licenses covering an area of 2,385 square kilometers situated in Botswana and the Ditau project consists of 2 prospecting licenses that covers an area of 1,386 square kilometers. Kavango Resources is traded on OTC Exchange in the United States.
Kavango Resources' 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 Kavango Pink Sheet over a specified period of time, often expressed as the standard deviation of daily returns. In other words, it measures how much Kavango Resources' price varies over time.
3 ways to utilize Kavango Resources' volatility to invest better
Higher Kavango Resources' stock volatility means that the price of its stock is changing rapidly and unpredictably, while lower stock volatility indicates that the price of Kavango Resources Plc 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. Kavango Resources Plc 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 Kavango Resources Plc investment. A higher volatility means higher risk and potentially larger changes in value.
- Identifying Opportunities: High volatility in Kavango Resources' 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 Kavango Resources' stock relates to your other investments can help you create a well-diversified portfolio of assets with varying levels of risk.
Kavango Resources Investment Opportunity
Kavango Resources Plc has a volatility of 4.55 and is 6.07 times more volatile than Dow Jones Industrial. Compared to the overall equity markets, volatility of historical daily returns of Kavango Resources Plc is lower than 40 percent of all global equities and portfolios over the last 90 days. You can use Kavango Resources Plc to protect your portfolios against small market fluctuations. The pink sheet experiences a very speculative downward sentiment. The market maybe over-reacting. Check odds of Kavango Resources to be traded at $0.0085 in 90 days.Significant diversification
The correlation between Kavango Resources Plc and DJI is 0.05 (i.e., Significant diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Kavango Resources Plc and DJI in the same portfolio, assuming nothing else is changed.
Kavango Resources Additional Risk Indicators
The analysis of Kavango Resources' 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 Kavango Resources' investment and either accepting that risk or mitigating it. Along with some common measures of Kavango Resources 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 | (0.17) | |||
| Market Risk Adjusted Performance | (3.69) | |||
| Mean Deviation | 2.62 | |||
| Coefficient Of Variation | (423.13) | |||
| Standard Deviation | 5.08 | |||
| Variance | 25.84 | |||
| Information Ratio | (0.26) |
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.
Kavango Resources 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 Kavango Resources 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. Kavango Resources' 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, Kavango Resources' 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 Kavango Resources Plc.
Complementary Tools for Kavango Pink Sheet analysis
When running Kavango Resources' price analysis, check to measure Kavango Resources' 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 Kavango Resources is operating at the current time. Most of Kavango Resources' value examination focuses on studying past and present price action to predict the probability of Kavango Resources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Kavango Resources' price. Additionally, you may evaluate how the addition of Kavango Resources to your portfolios can decrease your overall portfolio volatility.
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