Honey Badger Exploration Volatility
What is the Volatility of Honey Badger Exploration?
The Volatility of Honey Badger Exploration Inc. is 11.50%
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 Honey Badger Exploration
What does Honey Badger Exploration do?
Honey Badger Silver Inc. acquires, explores for, and develops mineral properties in Canada. The company primarily explores for silver, cobalt, gold, and diamond deposits. Its flagship project is the Thunder Bay Polymetallic Silver Project covering an area of 16,800 hectares located in norther Ontario. The company also holds a 100% interest in the Clear Lake deposit that comprises 121 contiguous claims covering an area of approximately 2,500 hectares located in the Whitehorse Mining District of the Yukon. The company was formerly known as Honey Badger Exploration Inc. and changed its name to Honey Badger Silver Inc. in November 2020. Honey Badger Silver Inc. was incorporated in 1992 and is headquartered in Toronto, Canada.
Companies with volatility similar to Honey Badger Exploration
- Standard Chartered Plc has Volatility of 11.48%
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- Touchstone Exploration has Volatility of 11.48%
- TNT Mines has Volatility of 11.48%
- CGI has Volatility of 11.48%
- Golden Wheel Tiandi has Volatility of 11.49%
- Honey Badger Exploration has Volatility of 11.50%
- PanAsialum has Volatility of 11.51%
- JZ Capital Partners has Volatility of 11.52%
- Rde Inc has Volatility of 11.52%
- Key Services has Volatility of 11.52%
- Frontier IP Plc has Volatility of 11.52%
- Strip Tinning Plc Ord has Volatility of 11.52%