Provenance Gold Corp Stock Volatility
| PVGDF Stock | USD 0.20 -0.01 -4.76% |
Over the designated horizon, Provenance Gold Corp maintains a high volatility profile. Its Sharpe Ratio (Efficiency) stands at 0.042, suggesting positive return efficiency over the last 3 months. We observed 27 technical indicators shaping the current volatility backdrop.
Sharpe Ratio = 0.042
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Latest disclosures for Provenance Gold Corp show a Market Risk Adjusted Performance of 1.4%, a Risk of 5.63, and a Risk Adjusted Performance of 0.1%. Monthly moving average analysis places Provenance Gold at roughly 3% of its prior performance bandwidth. Its effect inside a well-diversified portfolio would be influenced by cross-asset correlation.
Key indicators related to Provenance Gold's volatility include:90 Days Market Risk | Chance Of Distress | 90 Days Economic Sensitivity |
Provenance Gold's volatility is most commonly measured using the annualized standard deviation of daily returns. This statistical measure reflects the magnitude of Provenance Gold's typical price swings and is a primary input in options pricing models.
Provenance |
Provenance Gold Volatility Strategy
Provenance Gold Corp return fluctuations can modify its marginal contribution to total portfolio variance. Allocation size and correlation determine overall impact. Current statistical measures show total volatility near 5.63% with a beta coefficient of 0.26, indicating sensitivity relative to the broader market benchmark. Risk-adjusted efficiency, represented by a Sharpe ratio of 0.042, evaluates return per unit of total risk. An alpha value of 0.37 reflects performance relative to systematic market exposure. Expected return estimates near 0.24% are derived from historical distribution modeling and help frame forward-looking return assumptions within a portfolio context. Trading volume spikes may widen dispersion.
Main indicators related to Provenance Gold's market risk premium analysis include:
Beta 0.26 | Alpha 0.37 | Risk 5.63 | Sharpe Ratio 0.042 | Expected Return 0.24 |
Moving together with Provenance OTC Stock
| 0.67 | AGPPF | Anglo American Platinum | PairCorr |
| 0.69 | ANGPY | Valterra Platinum | PairCorr |
| 0.69 | IMPUY | Impala Platinum Holdings | PairCorr |
| 0.82 | BVN | Compania de Minas | PairCorr |
| 0.65 | IMPUF | Impala Platinum Holdings | PairCorr |
| 0.69 | TFPM | Triple Flag Precious | PairCorr |
| 0.77 | FNLPF | Fresnillo PLC | PairCorr |
| 0.62 | PPTA | Perpetua Resources Corp Earnings Call This Week | PairCorr |
| 0.79 | EXK | Endeavour Silver Corp | PairCorr |
| 0.79 | SUBCY | Subsea 7 SA | PairCorr |
| 0.63 | WASH | Washington Trust Bancorp | PairCorr |
| 0.62 | DSGN | Design Therapeutics Earnings Call Next Week | PairCorr |
| 0.74 | SEB | Seaboard | PairCorr |
| 0.73 | PG | Procter Gamble | PairCorr |
| 0.75 | CVX | Chevron Corp | PairCorr |
| 0.67 | MRK | Merck Company | PairCorr |
Moving against Provenance OTC Stock
| 0.77 | PBCRY | Bank Central Asia | PairCorr |
| 0.59 | PBCRF | PT Bank Central | PairCorr |
| 0.39 | PTAIF | PT Astra International | PairCorr |
| 0.35 | 00108WAF7 | AEP TEX INC | PairCorr |
Provenance Gold Sensitivity To Market
Provenance Gold'sProvenance Gold Corp exhibits a beta of 0.26, representing its market-relative sensitivity based on regression modeling. Beta quantifies systematic risk by measuring the slope of asset returns against benchmark returns. Overall return volatility is approximately 5.63%.Volatility metrics for Provenance Gold Corp describe how stable or unstable returns have been over the selected window. Current downside deviation is about 6.41%. Equity volatility can compress in calm markets and expand quickly when uncertainty increases.
3 Months Beta |Analyze Provenance Gold Corp Demand TrendCheck current 90 days Provenance Gold correlation with market (Dow Jones Industrial)Provenance Gold Downside Risk
The standard deviation of Provenance measures how widely its daily prices are dispersed around the mean for a given time period. Highly volatile instruments have large standard deviations; stable instruments have small ones.
Standard Deviation | 5.63 |
Standard deviation captures both upside and downside movement in Provenance Gold. However, investors specifically concerned with loss potential should use downside deviation or semi-deviation of Provenance Gold's returns. Latest disclosures for Provenance Gold Corp show a Downside Deviation of 6.41, a Downside Variance of 41.04, and a Maximum Drawdown of 33.64.
Provenance Gold Corp OTC Stock Volatility Analysis
Provenance Gold otc volatility is a measure of the speed and extent of Provenance Gold's price movements. High volatility generally means the otc stock price moves dramatically up or down in a short period of time. Low volatility means Provenance Gold's price does not fluctuate dramatically, and tends to be.
Transformation |
The output start index for this execution was zero with a total number of output elements of sixty-one. Provenance Gold 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.
Provenance Gold Projected Return Density Against Market
Assuming the 90 days horizon Provenance Gold has a beta of 0.2626 indicating as returns on the market go up, Provenance Gold average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Provenance Gold Corp will be expected to be much smaller as well.Investors in Provenance Gold face systematic risk from overall otc stock market trends and unsystematic risk from company or sector-specific developments. Diversification reduces specific exposure, but macro-driven volatility persists. Beta remains a common sensitivity metric. Latest disclosures for Provenance Gold Corp show a Downside Deviation of 6.41, a Mean Deviation of 3.86, and a Semi Deviation of 3.91.
Predicted Return Density |
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What Drives a Provenance Gold Price Volatility?
Several factors can influence a otc'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.Provenance Gold OTC Stock Risk Measures
Assuming the 90 days horizon the coefficient of variation of Provenance Gold is 2381.6. The daily returns are distributed with a variance of 31.64 and standard deviation of 5.63. The mean deviation of Provenance Gold Corp is currently at 3.88. For similar time horizon, the selected benchmark (Dow Jones Industrial) has volatility of 0.78
α | Alpha over Dow Jones | 0.37 | |
β | Beta against Dow Jones | 0.26 | |
σ | Overall volatility | 5.63 | |
Ir | Information ratio | 0.07 |
Provenance Gold OTC Stock Return Volatility
Provenance Gold historical daily return volatility represents how much of Provenance Gold otc's daily returns swing around its mean - it is a statistical measure of its dispersion of returns. The company shows 5.6251% volatility of returns over 90 . By contrast, Dow Jones Industrial accepts 0.7974% volatility on return distribution over the 90 days horizon. Performance |
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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
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Risk-Adjusted Indicators
There is a big difference between Provenance OTC Stock performing well and Provenance Gold OTC Stock 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 Provenance Gold'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| TLSMF | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
| THMG | 3.38 | -0.04 | 0.00 | -0.41 | 0.00 | 7.69 | 29.20 | |||
| DNRSF | 5.50 | 1.32 | 0.19 | 0.75 | 5.66 | 13.21 | 29.61 | |||
| WEXPF | 3.96 | 0.25 | 0.05 | 0.11 | 3.90 | 6.25 | 60.00 | |||
| CPPMF | 4.35 | 0.80 | 0.12 | 6.01 | 4.28 | 12.12 | 31.00 | |||
| ESGLF | 6.12 | 0.69 | 0.07 | -0.38 | 6.89 | 16.83 | 57.94 | |||
| MHTZF | 11.23 | 2.92 | 0.00 | 0.25 | 0.00 | 29.81 | 241.13 | |||
| ACRG | 7.52 | 1.52 | 0.11 | 12.21 | 7.83 | 19.76 | 81.24 | |||
| WAMFF | 5.04 | 0.33 | 0.05 | -1.89 | 5.38 | 10.81 | 25.14 | |||
| BBBXF | 5.26 | 0.91 | 0.12 | 6.28 | 5.33 | 16.67 | 38.83 |
Provenance Gold Risk and Return Dispersion
Volatility for Provenance Gold measures return dispersion and uncertainty over time. Downside profile remains relatively contained. Provenance Gold is assessed in terms of its structural contribution to portfolio diversification and long-term stability.
Methodology
Unless otherwise specified, financial data for Provenance Gold Corp is derived from periodic company reporting (annual and quarterly where available). Asset-level metrics are computed daily by Macroaxis LLC and refreshed regularly based on asset type. Provenance (USA Stocks:PVGDF) prices are typically delayed by approximately 20 minutes from primary exchanges for listed equities. Data may be delayed depending on reporting sources and market conventions Volatility figures, standard deviation, and downside-risk estimates on this page are derived from historical return distributions.
Assumptions
Underlying inputs rely on public filings and market reference sources, including disclosures from U.S. Securities and Exchange Commission (SEC) via EDGAR. Values may reflect publication timing differences. All analytics are generated using standardized, rules-based models designed to promote consistency and comparability across instruments. Model assumptions, reference parameters, and selected computational inputs are available in the Model Inputs section. If you have questions about our data sources or methodology, please contact Macroaxis Support.Analyst Sources
Provenance Gold Corp may have analyst coverage included in Macroaxis-derived consensus inputs when available. Updates may occur throughout the day.
Provenance Gold Investment Opportunity
Measured over the selected horizon, Provenance Gold Corp carries roughly 7.04 times the return volatility of Dow Jones Industrial. That added volatility may be acceptable only if the position is expected to deliver stronger return efficiency or diversification value.You can use Provenance Gold Corp to protect your portfolios against small market fluctuations. This directional read frames the latest price swing through a simple momentum and follow-through lens. It gives extra weight to the size of the move, the quote level, and whether the instrument trades in a hype-prone venue. a very speculative downward sentiment. The market maybe over-reacting. Check odds of Provenance Gold to be traded at $0.19 in 90 days.Very weak diversification
Across the chosen horizon, PVGDF and DJI show a correlation of 0.55 and fall into the Very weak diversification bucket. In portfolio terms, the overlap visualization shows how much shared movement remains after both positions are combined.
Provenance Gold Additional Risk Indicators
Risk analysis around Provenance Gold Corp becomes more useful when investors review secondary indicators that can confirm, refine, or challenge the basic volatility picture. Used correctly, these measures can support both standalone risk assessment and portfolio-level hedging decisions.
| Risk Adjusted Performance | 0.0619 | |||
| Market Risk Adjusted Performance | 1.44 | |||
| Mean Deviation | 3.86 | |||
| Semi Deviation | 3.91 | |||
| Downside Deviation | 6.41 | |||
| Coefficient Of Variation | 1456.48 | |||
| Standard Deviation | 5.6 |
Provenance Gold Suggested Diversification Pairs
Pair trading with Provenance Gold can help investors hedge some company-specific exposure by balancing a long view with an offsetting position. The key question is whether the second leg adds real hedge value instead of just creating a more complex version of the same risk.
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 Provenance Gold 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. Provenance Gold'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, Provenance Gold'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 Provenance Gold Corp.
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