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GoldQuest Mining Volatility

What is the Volatility of GoldQuest Mining?

The Volatility of GoldQuest Mining Corp. is 5.36%

What is the definition of Volatility?

Volatility or average true range percent (ATRP 14) is the ATR expressed as a percentage of closing price.

14-day average true range percent

Average true range percent (ATRP) measures volatility on a relative level. This is opposed to the ATR, which measures volatility on an absolute level. ATRP allows securities to be compared whereas ATR does not. That means lower-priced stocks won't necessarily have lower ATR values than higher-priced stocks.

The period used in the calculation is 14 days and the normalized indicator oscillates between 0 and 100 percent of recent price variation. Importantly, the indicator doesn't predict the direction of price but it describes the current volatility. The volatility is comparable across all securities and all markets.

Volatility expresses the degree of price movement. The use of ATRP as volatility compared to ATR is preferred in cases when different securities or different time periods are compared. Examples are stock screening, filtering strategies, and studying seasonality and volatility patterns over long periods of time and different markets

Volatility of companies in the Materials sector on TSXV compared to GoldQuest Mining

What does GoldQuest Mining do?

Goldquest Mining Corp., together with its subsidiaries, engages in the identification, acquisition, and exploration of mineral properties. It primarily owns a 100% interest in the Romero gold-copper project that comprises 2 mineral deposits covering an area of 3,997 hectares located to the south of the Central Cordillera of Hispaniola; and the Tireo property, including 13 concessions totalling 20,076 hectares located in the province of San Juan de la Maguana, the Dominican Republic. Goldquest Mining Corp. was incorporated in 1989 and is headquartered in Toronto, Canada.

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