Running Fox Resource Stock Volatility
| RFXRF Stock | USD 0.0001 0.00 0.00% |
Running Fox Resource maintains Sharpe Ratio (i.e., Efficiency) of -0.12, which implies the firm had a -0.12 % return per unit of risk over the last 3 months. Running Fox Resource exposes sixteen different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Running Fox's Coefficient Of Variation of (812.40), risk adjusted performance of (0.08), and Variance of 37.88 to confirm the risk estimate we provide.
Sharpe Ratio = -0.124
| High Returns | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | RFXRF |
Based on monthly moving average Running Fox is not performing at its full potential. However, 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 Running Fox by adding Running Fox to a well-diversified portfolio.
Key indicators related to Running Fox's volatility include:690 Days Market Risk | Chance Of Distress | 690 Days Economic Sensitivity |
Running Fox 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 Running daily returns, and it is calculated using variance and standard deviation. We also use Running's beta, its sensitivity to the market, as well as its odds of financial distress to provide a more practical estimation of Running Fox volatility.
Running |
Since volatility provides investors with entry points to take advantage of stock prices, companies, such as Running Fox 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 Running Fox at lower prices to lower their average cost per share. Similarly, when the prices of Running Fox's stock rise, investors can sell out and invest the proceeds in other equities with better opportunities. Main indicators related to Running Fox's market risk premium analysis include:
Beta 0.92 | Alpha (0.85) | Risk 6.2 | Sharpe Ratio (0.12) | Expected Return (0.77) |
Moving together with Running Pink Sheet
| 0.62 | PG | Procter Gamble Earnings Call This Week | PairCorr |
| 0.74 | HPQ | HP Inc | PairCorr |
| 0.75 | MSFT | Microsoft | PairCorr |
Moving against Running Pink Sheet
| 0.86 | DD | Dupont De Nemours | PairCorr |
| 0.74 | CSCO | Cisco Systems Sell-off Trend | PairCorr |
| 0.7 | PFE | Pfizer Inc | PairCorr |
| 0.69 | WSFS | WSFS Financial | PairCorr |
| 0.63 | VALE | Vale SA ADR Aggressive Push | PairCorr |
| 0.62 | F | Ford Motor | PairCorr |
| 0.61 | ATI | Allegheny Technologies | PairCorr |
| 0.59 | CAT | Caterpillar Sell-off Trend | PairCorr |
| 0.54 | AXP | American Express | PairCorr |
| 0.49 | KO | Coca Cola Sell-off Trend | PairCorr |
Running Fox Market Sensitivity And Downside Risk
Running Fox's beta coefficient measures the volatility of Running 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 Running pink sheet's returns against your selected market. In other words, Running Fox's beta of 0.92 provides an investor with an approximation of how much risk Running Fox pink sheet can potentially add to one of your existing portfolios. Running Fox Resource is displaying above-average volatility over the selected time horizon. Running Fox Resource appears to be a penny stock. Although Running Fox Resource may be, in fact, a solid short-term or long term investment, many penny pink sheets are speculative investment instruments that are often subject to artificial stock promotion and campaigns of hype which may lead to misinformation and misrepresentation. Please make sure you fully understand upside potential and downside risks of investing in Running Fox Resource or similar risky assets. We encourage investors to look for signals such as email spams, message board hypes, claims of breakthroughs, volume upswing without any event/news,and sudden news releases. We also encourage traders to check biographies and work history of company President, CEO or other officers before investing in high-volatility instruments, penny stocks, or equities with microcap classification. You can indeed make money on Running 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 Running Fox Resource Demand TrendCheck current 90 days Running Fox correlation with market (Dow Jones Industrial)Running Fox Volatility and Downside Risk
Running 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.
Running Fox Resource Pink Sheet Volatility Analysis
Volatility refers to the frequency at which Running Fox pink sheet price increases or decreases within a specified period. These fluctuations usually indicate the level of risk that's associated with Running Fox's price changes. Investors will then calculate the volatility of Running Fox's 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 Running Fox's volatility:
Historical Volatility
This type of pink sheet volatility measures Running Fox's fluctuations based on previous trends. It's commonly used to predict Running Fox's 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 Running Fox's 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 Running Fox'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. Running Fox Resource 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.
Running Fox Projected Return Density Against Market
Assuming the 90 days horizon Running Fox has a beta of 0.9225 indicating Running Fox Resource market returns are reactive to returns on the market. As the market goes up or down, Running Fox is expected to follow.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 Running Fox 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 Running Fox's 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 Running 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.
Running Fox Resource 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 Running Fox 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.Running Fox Pink Sheet Risk Measures
Assuming the 90 days horizon the coefficient of variation of Running Fox is -806.23. The daily returns are distributed with a variance of 38.46 and standard deviation of 6.2. The mean deviation of Running Fox Resource is currently at 1.51. For similar time horizon, the selected benchmark (Dow Jones Industrial) has volatility of 0.69
α | Alpha over Dow Jones | -0.85 | |
β | Beta against Dow Jones | 0.92 | |
σ | Overall volatility | 6.20 | |
Ir | Information ratio | -0.14 |
Running Fox Pink Sheet Return Volatility
Running Fox historical daily return volatility represents how much of Running Fox pink sheet's daily returns swing around its mean - it is a statistical measure of its dispersion of returns. The company shows 6.2017% volatility of returns over 90 . By contrast, Dow Jones Industrial accepts 0.6889% volatility on return distribution over the 90 days horizon. Performance |
| Timeline |
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
| High negative correlations
|
Risk-Adjusted Indicators
There is a big difference between Running Pink Sheet performing well and Running Fox 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 Running Fox'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| BUSC | 14.65 | 5.41 | 0.12 | 15.46 | 12.35 | 6.68 | 453.26 | |||
| SLSDF | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
| MOPN | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
| TRYRF | 6.00 | 2.70 | 0.00 | (0.26) | 0.00 | 0.00 | 266.67 | |||
| INTK | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
| PGPGF | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
| PRMO | 20.54 | 4.99 | 0.15 | 1.43 | 16.41 | 44.93 | 249.05 | |||
| TRII | 3.98 | 0.30 | 0.00 | 0.24 | 0.00 | 9.09 | 98.05 | |||
| AOVTF | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
| PLYFF | 9.55 | 2.23 | 0.09 | 2.37 | 10.97 | 38.89 | 128.00 |
About Running Fox Volatility
Volatility is a rate at which the price of Running Fox 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 Running Fox may increase or decrease. In other words, similar to Running's beta indicator, it measures the risk of Running Fox and helps estimate the fluctuations that may happen in a short period of time. So if prices of Running Fox 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.Running Fox Resource Corp. does not have significant operations. The company was incorporated in 1981 and is headquartered in Arvada, Colorado. Running Fox is traded on OTC Exchange in the United States.
Running Fox'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 Running Pink Sheet over a specified period of time, often expressed as the standard deviation of daily returns. In other words, it measures how much Running Fox's price varies over time.
3 ways to utilize Running Fox's volatility to invest better
Higher Running Fox's stock volatility means that the price of its stock is changing rapidly and unpredictably, while lower stock volatility indicates that the price of Running Fox Resource 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. Running Fox Resource 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 Running Fox Resource investment. A higher volatility means higher risk and potentially larger changes in value.
- Identifying Opportunities: High volatility in Running Fox'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 Running Fox's stock relates to your other investments can help you create a well-diversified portfolio of assets with varying levels of risk.
Running Fox Investment Opportunity
Running Fox Resource has a volatility of 6.2 and is 8.99 times more volatile than Dow Jones Industrial. Compared to the overall equity markets, volatility of historical daily returns of Running Fox Resource is higher than 55 percent of all global equities and portfolios over the last 90 days. You can use Running Fox Resource to protect your portfolios against small market fluctuations. The pink sheet experiences a normal downward fluctuation but is a risky buy. Check odds of Running Fox to be traded at $1.0E-4 in 90 days.Average diversification
The correlation between Running Fox Resource and DJI is 0.1 (i.e., Average diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Running Fox Resource and DJI in the same portfolio, assuming nothing else is changed.
Running Fox Additional Risk Indicators
The analysis of Running Fox'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 Running Fox's investment and either accepting that risk or mitigating it. Along with some common measures of Running Fox 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 | (0.08) | |||
| Market Risk Adjusted Performance | (0.82) | |||
| Mean Deviation | 1.49 | |||
| Coefficient Of Variation | (812.40) | |||
| Standard Deviation | 6.15 | |||
| Variance | 37.88 | |||
| Information Ratio | (0.14) |
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.
Running Fox 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.
| GM vs. Running Fox | ||
| Microsoft vs. Running Fox | ||
| Alphabet vs. Running Fox | ||
| Ford vs. Running Fox | ||
| Walker Dunlop vs. Running Fox | ||
| Visa vs. Running Fox | ||
| Citigroup vs. Running Fox | ||
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 Running Fox 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. Running Fox'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, Running Fox'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 Running Fox Resource.
Complementary Tools for Running Pink Sheet analysis
When running Running Fox's price analysis, check to measure Running Fox's 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 Running Fox is operating at the current time. Most of Running Fox's value examination focuses on studying past and present price action to predict the probability of Running Fox's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Running Fox's price. Additionally, you may evaluate how the addition of Running Fox to your portfolios can decrease your overall portfolio volatility.
| Headlines Timeline Stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity | |
| Price Transformation Use Price Transformation models to analyze the depth of different equity instruments across global markets | |
| Equity Valuation Check real value of public entities based on technical and fundamental data | |
| Fundamentals Comparison Compare fundamentals across multiple equities to find investing opportunities | |
| Portfolio Center All portfolio management and optimization tools to improve performance of your portfolios | |
| Risk-Return Analysis View associations between returns expected from investment and the risk you assume | |
| Sign In To Macroaxis Sign in to explore Macroaxis' wealth optimization platform and fintech modules | |
| Portfolio Dashboard Portfolio dashboard that provides centralized access to all your investments | |
| Commodity Channel Use Commodity Channel Index to analyze current equity momentum |