Egpi Firecreek Stock Volatility
| EFIR Stock | USD 0.0001 0.00 0.00% |
We have found three technical indicators for EGPI Firecreek, which you can use to evaluate the volatility of the firm. Key indicators related to EGPI Firecreek's volatility include:
360 Days Market Risk | Chance Of Distress | 360 Days Economic Sensitivity |
EGPI Firecreek Pink Sheet volatility depicts how high the prices fluctuate around the mean (or its average) price. In other words, it is a statistical measure of the distribution of EGPI daily returns, and it is calculated using variance and standard deviation. We also use EGPI's beta, its sensitivity to the market, as well as its odds of financial distress to provide a more practical estimation of EGPI Firecreek volatility.
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EGPI Firecreek Pink Sheet Volatility Analysis
Volatility refers to the frequency at which EGPI Firecreek pink sheet price increases or decreases within a specified period. These fluctuations usually indicate the level of risk that's associated with EGPI Firecreek's price changes. Investors will then calculate the volatility of EGPI Firecreek's pink sheet to predict their future moves. A pink sheet that has erratic price changes quickly hits new highs, and lows are considered highly volatile. A pink sheet with relatively stable price changes has low volatility. A highly volatile pink sheet is riskier, but the risk cuts both ways. Investing in highly volatile security can either be highly successful, or you may experience significant failure. There are two main types of EGPI Firecreek's volatility:
Historical Volatility
This type of pink sheet volatility measures EGPI Firecreek's fluctuations based on previous trends. It's commonly used to predict EGPI Firecreek's future behavior based on its past. However, it cannot conclusively determine the future direction of the pink sheet.Implied Volatility
This type of volatility provides a positive outlook on future price fluctuations for EGPI Firecreek's current market price. This means that the pink sheet will return to its initially predicted market price. This type of volatility can be derived from derivative instruments written on EGPI Firecreek's to be redeemed at a future date.Transformation |
The output start index for this execution was zero with a total number of output elements of sixty-one. EGPI Firecreek 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.
EGPI Firecreek Projected Return Density Against Market
Given the investment horizon of 90 days EGPI Firecreek has a beta that is very close to zero suggesting the returns on DOW JONES INDUSTRIAL and EGPI Firecreek do not appear to be sensible.Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to EGPI Firecreek or Energy sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that EGPI Firecreek's price will be affected by overall pink sheet market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a EGPI pink sheet's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
It does not look like EGPI Firecreek's alpha can have any bearing on the current valuation. Predicted Return Density |
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What Drives an EGPI Firecreek Price Volatility?
Several factors can influence a pink sheet'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 many investors to purchase the company. This positive attention will raise the company's stock price. In contrast, product recalls and data breaches may negatively influence a company's stock prices.EGPI Firecreek Pink Sheet Return Volatility
EGPI Firecreek historical daily return volatility represents how much of EGPI Firecreek pink sheet's daily returns swing around its mean - it is a statistical measure of its dispersion of returns. The enterprise inherits 0.0% risk (volatility on return distribution) over the 90 days horizon. By contrast, Dow Jones Industrial accepts 0.6892% volatility on return distribution over the 90 days horizon. Performance |
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About EGPI Firecreek Volatility
Volatility is a rate at which the price of EGPI Firecreek or any other equity instrument increases or decreases for a given set of returns. It is measured by calculating the standard deviation of the annualized returns over a given period of time and shows the range to which the price of EGPI Firecreek may increase or decrease. In other words, similar to EGPI's beta indicator, it measures the risk of EGPI Firecreek and helps estimate the fluctuations that may happen in a short period of time. So if prices of EGPI Firecreek fluctuate rapidly in a short time span, it is termed to have high volatility, and if it swings slowly in a more extended period, it is understood to have low volatility.
Please read more on our technical analysis page.EGPI Firecreek, Inc., an independent oil and gas company, engages in the exploration, development, and exploitation of crude oil and natural gas properties primarily in the United States. The company was formerly known as Energy Producers Inc. and changed its name to EGPI Firecreek, Inc. in October 2004. Egpi Firecreek is traded on OTC Exchange in the United States.
EGPI Firecreek's stock volatility refers to the amount of uncertainty or risk involved with the size of changes in its stock's price. It is a statistical measure of the dispersion of returns on EGPI Pink Sheet over a specified period of time, often expressed as the standard deviation of daily returns. In other words, it measures how much EGPI Firecreek's price varies over time.
3 ways to utilize EGPI Firecreek's volatility to invest better
Higher EGPI Firecreek's stock volatility means that the price of its stock is changing rapidly and unpredictably, while lower stock volatility indicates that the price of EGPI Firecreek stock is relatively stable. Investors and traders use stock volatility as an indicator of risk and potential reward, as stocks with higher volatility can offer the potential for more significant returns but also come with a greater risk of losses. EGPI Firecreek stock volatility can provide helpful information for making investment decisions in the following ways:- Measuring Risk: Volatility can be used as a measure of risk, which can help you determine the potential fluctuations in the value of EGPI Firecreek investment. A higher volatility means higher risk and potentially larger changes in value.
- Identifying Opportunities: High volatility in EGPI Firecreek's stock can indicate that there is potential for significant price movements, either up or down, which could present investment opportunities.
- Diversification: Understanding how the volatility of EGPI Firecreek's stock relates to your other investments can help you create a well-diversified portfolio of assets with varying levels of risk.
EGPI Firecreek Investment Opportunity
Dow Jones Industrial has a standard deviation of returns of 0.69 and is 9.223372036854776E16 times more volatile than EGPI Firecreek. Compared to the overall equity markets, volatility of historical daily returns of EGPI Firecreek is lower than 0 percent of all global equities and portfolios over the last 90 days. You can use EGPI Firecreek to protect your portfolios against small market fluctuations. The pink sheet experiences a normal downward fluctuation but is a risky buy. Check odds of EGPI Firecreek to be traded at $1.0E-4 in 90 days.Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
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EGPI Firecreek Suggested Diversification Pairs
Pair trading is one of the very effective strategies used by professional day traders and hedge funds capitalizing on short-time and mid-term market inefficiencies. The approach is based on the fact that the ratio of prices of two correlating shares is long-term stable and oscillates around the average value. If the correlation ratio comes outside the common area, you can speculate with a high success rate that the ratio will return to the mean value and collect a profit.
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 EGPI Firecreek 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. EGPI Firecreek'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, EGPI Firecreek'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 EGPI Firecreek.
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.