Richmond Minerals Stock Volatility
| RMD Stock | CAD 0.15 0.00 0.00% |
Sharpe Ratio = 0.1887
| Leading Returns | Top Quartile | |||
| Strong | RMD | |||
| Moderate | ||||
| Modest | ||||
| Cash | Low | Moderate | Elevated | High |
| Below Benchmark |
Estimated Market Risk
| 13.51 actual daily | 96 Lower volatility than 4% of comparable assets |
Expected Return
| 2.55 actual daily | 51 Outperforms 49% of comparable assets |
Risk-Adjusted Return
| 0.19 actual daily | 14 14th percentile in risk-adjusted performance |
For Richmond Minerals, recent data highlights a Market Risk Adjusted Performance of 0.6%, a Risk of 13.51, and a Risk Adjusted Performance of 0.2%. The stock is tracking at approximately 14% of its historical trend range per monthly averages.
Key indicators related to Richmond Minerals' volatility include:90 Days Market Risk | Chance Of Distress | 90 Days Economic Sensitivity |
Key risk metrics for Richmond Minerals (3 Months):
Beta 3.98 | Alpha 2.47 | Risk 13.51 | Sharpe Ratio 0.19 | Expected Return 2.55 |
Moving together with Richmond Stock
| 0.87 | VRY | Petro Victory Energy Earnings Call This Week | PairCorr |
Moving Against Richmond Stock
| 0.69 | ETG | Entree Resources | PairCorr |
| 0.68 | INFM | Infinico Metals Corp Earnings Call Tomorrow | PairCorr |
| 0.65 | IE | Ivanhoe Energy | PairCorr |
| 0.63 | URZ | Urz Energy Corp | PairCorr |
| 0.54 | AG | First Majestic Silver | PairCorr |
| 0.5 | ORE | Orezone Gold Corp | PairCorr |
Sensitivity To Market
Richmond Minerals exhibits a beta of 3.98, representing its market-relative sensitivity. This coefficient separates systematic risk from company-specific volatility. Total return dispersion is approximately 13.51%. Richmond Minerals return patterns over the selected horizon reflect a very high level of variability, based on dispersion and downside-focused statistics. Standard deviation is near 13.31%. For individual stocks, volatility often rises around earnings, guidance updates, and major company news.
3 Months Beta |Richmond Minerals Demand TrendCurrent 90-day Richmond Minerals correlation with market (Dow Jones Industrial)Downside Risk
For Richmond, the standard deviation figure expresses the observed spread of daily returns over the selected period. The magnitude of Richmond standard deviation determines where it falls on the volatility spectrum relative to peers. Because standard deviation treats upside and downside moves equally, pairing it with downside deviation isolates asymmetric risk exposure for Richmond. Normalizing Richmond returns by their standard deviation produces a z-score suited to cross-asset comparison.
Standard Deviation | 13.51 |
Upside and downside risks in Richmond Minerals are not symmetric. Downside deviation measures only the risk of loss in Richmond Minerals' returns, unlike standard deviation which includes all moves. The risk profile of Richmond Minerals has two components: upside risk and downside risk. Total volatility measures all price movement; downside deviation measures only the loss risk in Richmond Minerals' returns. For Richmond Minerals, recent data highlights a Downside Deviation of 22.96, a Downside Variance of 527.15, and a Maximum Drawdown of 83.93.
Stock Volatility Analysis
Market participants monitor Richmond Minerals volatility to assess the stock's price stability. Sharp price swings in Richmond Minerals' stock often accompany major news events or earnings announcements. A wide deviation implies greater uncertainty and potential reward or loss for Richmond Minerals. Volatility in Richmond Minerals often coincides with valuation shifts that alter the risk-return profile.
Transformation |
This analysis covers sixty-one data points across the selected time horizon. The Median Price transformation calculates the midpoint between Richmond Minerals's high and low for each trading period. This provides a simple measure of the period's central tendency based on range extremes, ignoring the opening and closing levels. Compared to the typical or weighted close price, the median price gives equal weight to buyers and sellers at the extremes and is often used as a smoothed input for trend and momentum indicators.
Projected Return Density Against Market
Based on a 90-day horizon, Richmond Minerals has a beta of 3.9822 indicating when the benchmark rises, RMD tends to outperform it on average. However, when benchmark returns turn negative, Richmond Minerals tends to underperform.Richmond Minerals exhibits both macro-linked volatility and company or sector-specific developments. Beta and standard deviation quantify relative market risk. For Richmond Minerals, recent data highlights a Downside Deviation of 22.96, a Mean Deviation of 7.48, and a Semi Deviation of 6.80.
Predicted Return Distribution |
| Density |
What Drives Richmond Minerals' Price Volatility?
Industry Dynamics
Richmond Minerals' volatility can rise when competitive dynamics or demand conditions shift across the Metals & Mining sector.Political and Economic Environment
Changes in fiscal policy, rates, and growth expectations affect market-wide risk premiums and spill into Richmond Minerals' trading.Richmond Minerals' Company-Specific Factors
Event risk around earnings, forecasts, and operating performance can create abrupt price dispersion in Richmond Minerals.Stock Risk Measures
Based on a 90-day horizon, the coefficient of variation of Richmond Minerals is 529.91. The daily returns are distributed with a variance of 182.46 and standard deviation of 13.51. The mean deviation of Richmond Minerals is currently at 7.69. For similar time horizon, the selected benchmark (Dow Jones Industrial) has volatility of 0.94
α | Alpha over Dow Jones | 2.47 | |
β | Beta against Dow Jones | 3.98 | |
σ | Overall volatility | 13.51 | |
Ir | Information ratio | 0.19 |
Stock Return Volatility
Richmond Minerals return volatility captures the typical daily swing in stock returns relative to the mean over the selected period. The company has volatility of 13.5078% on return distribution over a 90-day investment horizon. Meanwhile, Dow Jones Industrial reported 0.9427% volatility on return distribution over a 90-day investment 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
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Risk-Adjusted Indicators
Richmond Minerals Company can look attractive on recent price action while risk efficiency lags the peer group. Without risk-adjusted context, short-term returns may appear stronger than the volatility required to achieve them would suggest. These indicators are quantitative in nature and measure volatility and risk-adjusted expected returns across different positions.| Mean Deviation | Jensen Alpha | Sortino Ratio | Treynor Ratio | Semi Deviation | Expected Shortfall | Potential Upside | Value @Risk | Maximum Drawdown | ||
|---|---|---|---|---|---|---|---|---|---|---|
| HME | 1.39 | 0.54 | 0.22 | -0.60 | 1.59 | 3.42 | 9.14 | |||
| CMG | 2.09 | -0.25 | 0.00 | -0.80 | 0.00 | 3.86 | 22.22 | |||
| GVC | 1.54 | 0.03 | 0.01 | 0.03 | 2.06 | 3.33 | 12.94 | |||
| DCM | 2.36 | 0.02 | 0.01 | -0.04 | 2.83 | 5.19 | 13.50 | |||
| RCI-A | 1.46 | 0.00 | 0.00 | -0.01 | 1.97 | 2.72 | 8.47 | |||
| VZ | 1.17 | 0.28 | 0.24 | -1.00 | 0.82 | 3.17 | 13.67 | |||
| BAMI | 2.71 | -0.27 | 0.00 | -0.22 | 0.00 | 6.52 | 28.69 |
Risk Metrics, Assumptions & Methodology
Standard deviation for Richmond Minerals measures how widely returns scatter around their average over a given period. Tracking dispersion across rolling windows reveals whether variability is stable, expanding, or contracting. Richmond Minerals has a market cap of 5.25 M, ROE of 6.58%.
Richmond Minerals metrics draw on periodic company reporting and market reference feeds, standardized for cross-period comparison. Volatility and downside metrics are estimated from historical return dispersion.
Editorial review and methodology oversight provided by: Raphi Shpitalnik, Junior Member of Macroaxis Editorial Board
Richmond Minerals Volatility Profile Summary
Recent data suggests that Richmond Minerals is more volatile than Dow Jones Industrial by approximately 14.37x over the selected horizon. This differential reflects the relative dispersion of returns and frames how the asset responds to broader market conditions. Observed price behavior indicates modest directional movement within the current volatility regime. Across the current 90-day horizon, that places the security below 96% of the broader equity and portfolio universe on a pure volatility basis. This positioning reflects relative dispersion compared to peers rather than extreme instability.Richmond Minerals exhibits characteristics that tend to dampen sensitivity to smaller market fluctuations within the current volatility regime. This move summary looks at how the current session may translate into a basic near-term setup. It gives extra weight to the size of the move, the quote level, and whether the instrument trades in a hype-prone venue. a normal downward trend, but the immediate impact on correlations cannot be determined at the moment . Return distributions derived from historical modeling outline a range of potential outcomes over the selected 90-day horizon. View Richmond Minerals probability analysis.
Strong inverse diversification
Richmond Minerals currently posts a -0.43 correlation with Dow Jones, indicating a Strong inverse diversification relationship for the active sample. In portfolio terms, the overlap shows how much shared movement remains after combining both positions.
Richmond Minerals Additional Risk Indicators
Looking at additional risk metrics for Richmond Minerals frames how the position may behave under different market and portfolio conditions. A thorough risk review clarifies whether current exposure warrants maintenance, reduction, or offset elsewhere in the portfolio.
| Risk Adjusted Performance | 0.1834 | |||
| Market Risk Adjusted Performance | 0.6282 | |||
| Mean Deviation | 7.48 | |||
| Semi Deviation | 6.8 | |||
| Downside Deviation | 22.96 | |||
| Coefficient Of Variation | 538.29 | |||
| Standard Deviation | 13.31 |
Richmond Minerals Suggested Diversification Pairs
Pair trading with Richmond Minerals hedges company-specific exposure by balancing a long view with an offsetting position. Pair trading is less about prediction in isolation and more about identifying relative mispricing between related positions.
While pairing positions reduces portfolio risk, some forms of risk persist no matter which instruments are combined. No matter how well a pair is constructed around Richmond Minerals, market-wide risk remains. What pair trading can address is Richmond Minerals' unsystematic risk - the portion driven by company or sector-specific factors rather than broad market forces.
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