Mmex Resources Corp Stock Volatility
| MMEX Stock | USD 0.0001 0.00 0.00% |
MMEX Resources is out of control given 3 months investment horizon. MMEX Resources Corp has Sharpe Ratio of 0.23, which conveys that the firm had a 0.23 % return per unit of risk over the last 3 months. We were able to analyze and collect data for five different technical indicators, which can help you to evaluate if expected returns of 59.02% are justified by taking the suggested risk. Use MMEX Resources Corp daily balance of power of 9.2 T, and Day Median Price of 1.0E-4 to evaluate company specific risk that cannot be diversified away.
Sharpe Ratio = 0.2337
| High Returns | Best Equity | MMEX | ||
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Based on monthly moving average MMEX Resources is performing at about 18% 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 MMEX Resources by adding it to a well-diversified portfolio.
Key indicators related to MMEX Resources' volatility include:90 Days Market Risk | Chance Of Distress | 90 Days Economic Sensitivity |
MMEX 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 MMEX daily returns, and it is calculated using variance and standard deviation. We also use MMEX's beta, its sensitivity to the market, as well as its odds of financial distress to provide a more practical estimation of MMEX Resources volatility.
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MMEX Resources Corp Pink Sheet Volatility Analysis
Volatility refers to the frequency at which MMEX Resources pink sheet price increases or decreases within a specified period. These fluctuations usually indicate the level of risk that's associated with MMEX Resources' price changes. Investors will then calculate the volatility of MMEX 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 MMEX Resources' volatility:
Historical Volatility
This type of pink sheet volatility measures MMEX Resources' fluctuations based on previous trends. It's commonly used to predict MMEX 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 MMEX 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 MMEX 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. MMEX Resources Corp 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.
MMEX Resources Projected Return Density Against Market
Given the investment horizon of 90 days MMEX Resources has a beta that is very close to zero . This indicates the returns on DOW JONES INDUSTRIAL and MMEX Resources do not appear to be sensitive.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 MMEX Resources or Oil, Gas & Consumable Fuels 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 MMEX 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 MMEX 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.
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What Drives a MMEX 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 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.MMEX Resources Pink Sheet Return Volatility
MMEX Resources historical daily return volatility represents how much of MMEX Resources pink sheet's daily returns swing around its mean - it is a statistical measure of its dispersion of returns. The company inherits 252.5715% risk (volatility on return distribution) over the 90 days horizon. By contrast, Dow Jones Industrial accepts 0.7767% volatility on return distribution over the 90 days horizon. Performance |
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Related Correlations Analysis
| 0.92 | 0.94 | 0.9 | 0.86 | 0.84 | SU | ||
| 0.92 | 0.93 | 1.0 | 0.94 | 0.91 | PBR | ||
| 0.94 | 0.93 | 0.91 | 0.89 | 0.85 | EQNR | ||
| 0.9 | 1.0 | 0.91 | 0.95 | 0.91 | PBR-A | ||
| 0.86 | 0.94 | 0.89 | 0.95 | 0.94 | CVE | ||
| 0.84 | 0.91 | 0.85 | 0.91 | 0.94 | IMO | ||
Risk-Adjusted Indicators
There is a big difference between MMEX Pink Sheet performing well and MMEX Resources 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 MMEX Resources' 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| SU | 1.10 | 0.39 | 0.27 | 2.43 | 0.79 | 2.44 | 5.50 | |||
| PBR | 1.33 | 0.32 | 0.13 | (5.25) | 1.56 | 3.62 | 9.33 | |||
| EQNR | 1.53 | 0.21 | 0.08 | 1.83 | 1.58 | 3.34 | 7.91 | |||
| PBR-A | 1.38 | 0.29 | 0.11 | (6.63) | 1.73 | 3.57 | 10.03 | |||
| CVE | 1.81 | 0.30 | 0.12 | 0.69 | 1.89 | 4.31 | 9.18 | |||
| IMO | 1.55 | 0.31 | 0.14 | 0.59 | 1.61 | 3.84 | 8.06 |
About MMEX Resources Volatility
Volatility is a rate at which the price of MMEX 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 MMEX Resources may increase or decrease. In other words, similar to MMEX's beta indicator, it measures the risk of MMEX Resources and helps estimate the fluctuations that may happen in a short period of time. So if prices of MMEX 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.MMEX Resources Corporation engages in the development, financing, construction, and operation of solar-powered modular refineries producing clean fuels, hydrogen, and carbon capture. The company was founded in 1986 and is based in Austin, Texas. Mmex Resources operates under Oil Gas EP classification in the United States and is traded on OTC Exchange.
MMEX 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 MMEX Pink Sheet over a specified period of time, often expressed as the standard deviation of daily returns. In other words, it measures how much MMEX Resources' price varies over time.
3 ways to utilize MMEX Resources' volatility to invest better
Higher MMEX Resources' stock volatility means that the price of its stock is changing rapidly and unpredictably, while lower stock volatility indicates that the price of MMEX Resources 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. MMEX Resources 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 MMEX Resources Corp investment. A higher volatility means higher risk and potentially larger changes in value.
- Identifying Opportunities: High volatility in MMEX 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 MMEX Resources' stock relates to your other investments can help you create a well-diversified portfolio of assets with varying levels of risk.
MMEX Resources Investment Opportunity
MMEX Resources Corp has a volatility of 252.57 and is 323.81 times more volatile than Dow Jones Industrial. 96 percent of all equities and portfolios are less risky than MMEX Resources. You can use MMEX Resources Corp to protect your portfolios against small market fluctuations. The pink sheet experiences a normal downward fluctuation but is a risky buy. Check odds of MMEX Resources to be traded at $1.0E-4 in 90 days.Good diversification
The correlation between MMEX Resources Corp and DJI is -0.17 (i.e., Good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding MMEX Resources Corp and DJI in the same portfolio, assuming nothing else is changed.
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
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MMEX 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 MMEX 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. MMEX 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, MMEX 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 MMEX Resources Corp.
Additional Tools for MMEX Pink Sheet Analysis
When running MMEX Resources' price analysis, check to measure MMEX 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 MMEX Resources is operating at the current time. Most of MMEX Resources' value examination focuses on studying past and present price action to predict the probability of MMEX Resources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move MMEX Resources' price. Additionally, you may evaluate how the addition of MMEX Resources to your portfolios can decrease your overall portfolio volatility.