Egpi Firecreek Stock Market Value
| EFIR Stock | USD 0.0001 0.00 0.00% |
| Symbol | EGPI |
EGPI Firecreek 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to EGPI Firecreek's pink sheet what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of EGPI Firecreek.
| 05/11/2025 |
| 08/09/2025 |
If you would invest 0.00 in EGPI Firecreek on May 11, 2025 and sell it all today you would earn a total of 0.00 from holding EGPI Firecreek or generate 0.0% return on investment in EGPI Firecreek over 90 days. EGPI Firecreek, Inc., an independent oil and gas company, engages in the exploration, development, and exploitation of c... More
EGPI Firecreek Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure EGPI Firecreek's pink sheet current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess EGPI Firecreek upside and downside potential and time the market with a certain degree of confidence.
EGPI Firecreek Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for EGPI Firecreek's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as EGPI Firecreek's standard deviation. In reality, there are many statistical measures that can use EGPI Firecreek historical prices to predict the future EGPI Firecreek's volatility.EGPI Firecreek Backtested Returns
We have found three technical indicators for EGPI Firecreek, which you can use to evaluate the volatility of the firm. The firm shows a Beta (market volatility) of 0.0, which means not very significant fluctuations relative to the market. the returns on MARKET and EGPI Firecreek are completely uncorrelated.
Auto-correlation | 1.00 |
Perfect predictability
EGPI Firecreek has perfect predictability. Overlapping area represents the amount of predictability between EGPI Firecreek time series from 11th of May 2025 to 25th of June 2025 and 25th of June 2025 to 9th of August 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of EGPI Firecreek price movement. The serial correlation of 1.0 indicates that 100.0% of current EGPI Firecreek price fluctuation can be explain by its past prices.
| Correlation Coefficient | 1.0 | |
| Spearman Rank Test | 1.0 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
EGPI Firecreek lagged returns against current returns
Autocorrelation, which is EGPI Firecreek pink sheet's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting EGPI Firecreek's pink sheet expected returns. We can calculate the autocorrelation of EGPI Firecreek returns to help us make a trade decision. For example, suppose you find that EGPI Firecreek has exhibited high autocorrelation historically, and you observe that the pink sheet is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
EGPI Firecreek regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If EGPI Firecreek pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if EGPI Firecreek pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in EGPI Firecreek pink sheet over time.
Current vs Lagged Prices |
| Timeline |
EGPI Firecreek Lagged Returns
When evaluating EGPI Firecreek's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of EGPI Firecreek pink sheet have on its future price. EGPI Firecreek autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, EGPI Firecreek autocorrelation shows the relationship between EGPI Firecreek pink sheet current value and its past values and can show if there is a momentum factor associated with investing in EGPI Firecreek.
Regressed Prices |
| Timeline |
Pair Trading with EGPI Firecreek
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if EGPI Firecreek position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in EGPI Firecreek will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to EGPI Firecreek could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace EGPI Firecreek when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back EGPI Firecreek - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling EGPI Firecreek to buy it.
The correlation of EGPI Firecreek is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as EGPI Firecreek moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if EGPI Firecreek moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for EGPI Firecreek can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Additional Tools for EGPI Pink Sheet Analysis
When running EGPI Firecreek's price analysis, check to measure EGPI Firecreek's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy EGPI Firecreek is operating at the current time. Most of EGPI Firecreek's value examination focuses on studying past and present price action to predict the probability of EGPI Firecreek's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move EGPI Firecreek's price. Additionally, you may evaluate how the addition of EGPI Firecreek to your portfolios can decrease your overall portfolio volatility.