Strategic corparet finance

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Background As an entry-level investor, mistakes are made, and money is gain and lost. Oil stocks have been the vast majority of my portfolios. In this time of pandemic, investing was a hobby with the anticipation of the downward spiral being short-lived. Investing in gold and silver was an alternate option founded, due to high returns before COVID. Naturally, investing came with understanding the market; by determining the best days and times to buy; I have also managed to develop a strategy of investing in stocks that fall close to the 52-week low, with the potential of it rising back to normal. With companies seeking bankruptcy and the fear COVID caused, I do not inspect things to go back to normal as quickly and I expect more companies to file for bankruptcy. At this point, it is hard to foresee which companies will stand through this challenge due to some unforeseen circumstances, but I am betting on oil, energy, gold, and silver.    Oil companies are back behind things such as; cruises, planes, and cars. The demand for oil is at all-time low. Comparing current oil cost to operational cost, supply cost, profits and debt responsibilities, companies are suffering. As an example, CHK was delist around July because to the fortune 500 company filed for bankruptcy, losing it place and name as the top oil company. CHK fail to keep share prices at a minimum of $1 and a market value of $1 million in 30 days; CHK was also battling with debt issues.    JDST a gold and silver EFT that tracks leverage 2X funds, at one point was a hot commodity before COVID. Recently within the last few months, JDST dropped to their lowest point, at a whopping 21.49. Days later, it slowly downgraded further. Today it stands in the tens, and strongly believes the risk associated with gold and silver will be short-lived. The reasoning behind JDST falling was because the EFT removed holding from their watch list to revamp their agenda and goals.     Beta measures volatility by correlating risk and returns for assets. According to Yahoo finance, BETA for JDST is 0.05. Typically, negative betas are common in efts and gold/silver markets. The average 20-day volume was around 8,923,515 and the average 65-day volume is 7,045.44. The standard deviation is 0.53. The old new 52-week low hit around 8.93 in August, currently as the volume declines daily so will the BETA. Me personally, I do not consider data for BETAs in order to determine what a stock may do because BETAS are important for day traders who look to profit off the market. I think it is important to note that BETAs changes in any short given period but if one looks at it from a long-term perspective, BETA thins out. Looking at past information will not help to determine future information and trends because events occur that can caused a downward spiral; there is no way to predict what will drive trends.     Before COVID, the 52-week high for JSDT was around 4,000 but naturally as time goes on, the 52-week high drops. Sep 14 2019, the 52-week high was 1,062.50. COVID came down around to the US around December of 2019 and in that period, the stock started to decline significantly. In March the price of stock spike to 850 dollars and a week later, it went to the lower 100 and then the double digits, ineluctably reaching one digit. From analyzing the history of the price change for the year of Sep 14, volatility spiked. In summary, the strength of JDST is descending and in the event this trend keeps up, I suspect them to fall in the same path as CHK. I am idealistic and trust that gold continues to be supported as buyers continues to anticipate and help with concerns of the pandemic and economy low interest rates. Even if this EFT stocks tanks, I will look at other gold and silver stocks. 

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