# Tsakos Energy Navigation Stock Volatility

TEN Stock | USD 24.15 0.94 3.75% |

Tsakos Energy Navigation owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0492, which indicates the firm had a -0.0492% return per unit of risk over the last 3 months. Tsakos Energy Navigation exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Tsakos Energy's Risk Adjusted Performance of (0.01), coefficient of variation of (4,046), and Variance of 3.69 to confirm the risk estimate we provide.

**Key indicators related to Tsakos Energy's volatility include:**30 Days Market Risk | Chance Of Distress | 30 Days Economic Sensitivity |

Tsakos Energy Stock 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 Tsakos daily returns, and it is calculated using variance and standard deviation. We also use Tsakos's beta, its sensitivity to the market, as well as its odds of financial distress to provide a more practical estimation of Tsakos Energy volatility.

Tsakos |

### ESG Sustainability

While most ESG disclosures are voluntary, Tsakos Energy's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Tsakos Energy's managers and investors.Environmental | Governance | Social |

Since volatility provides investors with entry points to take advantage of stock prices, companies, such as Tsakos Energy can benefit from it. Downward market volatility can be a perfect environment for investors who play the long game. Here, they may decide to buy additional stocks of Tsakos Energy at lower prices. For example, an investor can purchase Tsakos stock that has halved in price over a short period. This will lower your average cost per share, thereby improving your portfolio's performance when the markets normalize. Similarly, when the prices of Tsakos Energy's stock rises, investors can sell out and invest the proceeds in other equities with better opportunities. Investing when markets are volatile with better valuations will accord both investors and companies the opportunity to generate better long-term returns.

## Moving against Tsakos Stock

0.6 | CQP | Cheniere Energy Partners | PairCorr |

0.54 | PAA | Plains All American | PairCorr |

0.52 | LNG | Cheniere Energy | PairCorr |

0.51 | VNOM | Viper Energy Ut | PairCorr |

0.49 | EE | Excelerate Energy | PairCorr |

0.44 | EPD | Enterprise Products Sell-off Trend | PairCorr |

0.44 | OSG | Overseas Shipholding | PairCorr |

0.39 | ENLC | EnLink Midstream LLC | PairCorr |

0.38 | ET | Energy Transfer LP | PairCorr |

## Tsakos Energy Market Sensitivity And Downside Risk

Tsakos Energy's beta coefficient measures the volatility of Tsakos stock compared to the systematic risk of the entire market represented by your selected benchmark. In mathematical terms, beta represents the slope of the line through a regression of data points where each of these points represents Tsakos stock's returns against your selected market. In other words, Tsakos Energy's beta of 0.91 provides an investor with an approximation of how much risk Tsakos Energy stock can potentially add to one of your existing portfolios. Tsakos Energy Navigation exhibits very low volatility with skewness of -0.04 and kurtosis of -0.38. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Tsakos Energy's stock risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact Tsakos Energy's stock price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different financial instruments as prices fall.

3 Months Beta |Analyze Tsakos Energy Navigation Demand TrendCheck current 90 days Tsakos Energy correlation with market (Dow Jones Industrial)## Tsakos Beta |

Tsakos standard deviation measures the daily dispersion of prices over your selected time horizon relative to its mean. A typical volatile entity has a high standard deviation, while the deviation of a stable instrument is usually low. As a downside, the standard deviation calculates all uncertainty as risk, even when it is in your favor, such as above-average returns.

## Standard Deviation | 1.91 |

It is essential to understand the difference between upside risk (as represented by Tsakos Energy's standard deviation) and the downside risk, which can be measured by semi-deviation or downside deviation of Tsakos Energy's daily returns or price. Since the actual investment returns on holding a position in tsakos stock tend to have a non-normal distribution, there will be different probabilities for losses than for gains. The likelihood of losses is reflected in the downside risk of an investment in Tsakos Energy.

## Using Tsakos Put Option to Manage Risk

Put options written on Tsakos Energy grant holders of the option the right to sell a specified amount of Tsakos Energy at a specified price within a specified time frame. The put buyer has a limited loss and, while not fully unlimited gains, as the price of Tsakos Stock cannot fall below zero, the put buyer does gain as the price drops. So, one way investors can hedge Tsakos Energy's position is by buying a put option against it. The put option used this way is usually referred to as insurance. If an undesired outcome occurs and loss on holding Tsakos Energy will be realized, the loss incurred will be offset by the profits made with the option trade.

### Tsakos Energy's PUT expiring on 2024-08-16

Profit |

Tsakos Energy Price At Expiration |

### Current Tsakos Energy Insurance Chain

Delta | Gamma | Open Int | Expiration | Current Spread | Last Price | |||

Put | 2024-08-16 PUT at $30.0 | -0.5203 | 0.0821 | 77 | 2024-08-16 | 1.3 - 3.3 | 2.2 | View |

## Tsakos Energy Navigation Stock Volatility Analysis

Volatility refers to the frequency at which Tsakos Energy stock price increases or decreases within a specified period. These fluctuations usually indicate the level of risk that's associated with Tsakos Energy's price changes. Investors will then calculate the volatility of Tsakos Energy's stock to predict their future moves. A stock that has erratic price changes quickly hits new highs, and lows are considered highly volatile. A stock with relatively stable price changes has low volatility. A highly volatile stock 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 Tsakos Energy's volatility:

### Historical Volatility

This type of stock volatility measures Tsakos Energy's fluctuations based on previous trends. It's commonly used to predict Tsakos Energy's future behavior based on its past. However, it cannot conclusively determine the future direction of the stock.### Implied Volatility

This type of volatility provides a positive outlook on future price fluctuations for Tsakos Energy's current market price. This means that the stock will return to its initially predicted market price. This type of volatility can be derived from derivative instruments written on Tsakos Energy'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. Tsakos Energy Navigation 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.

## Tsakos Energy Projected Return Density Against Market

Considering the 90-day investment horizon Tsakos Energy has a beta of 0.9094 . This usually implies Tsakos Energy Navigation market returns are highly reactive to returns on the market. As the market goes up or down, Tsakos Energy is expected to follow.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 Tsakos Energy or Oil, Gas & Consumable Fuels 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 Tsakos Energy's price will be affected by overall stock 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 Tsakos stock'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.

Tsakos Energy Navigation has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the Dow Jones Industrial. Predicted Return Density |

Returns |

## What Drives a Tsakos Energy Price Volatility?

Several factors can influence a stock'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.## Tsakos Energy Stock Risk Measures

Considering the 90-day investment horizon the coefficient of variation of Tsakos Energy is -2033.3. The daily returns are distributed with a variance of 3.66 and standard deviation of 1.91. The mean deviation of Tsakos Energy Navigation is currently at 1.55. For similar time horizon, the selected benchmark (Dow Jones Industrial) has volatility of 0.69

α | Alpha over Dow Jones | -0.12 | |

β | Beta against Dow Jones | 0.91 | |

σ | Overall volatility | 1.91 | |

Ir | Information ratio | -0.07 |

## Tsakos Energy Stock Return Volatility

Tsakos Energy historical daily return volatility represents how much of Tsakos Energy stock's daily returns swing around its mean - it is a statistical measure of its dispersion of returns. The firm has volatility of**1.9142%**on return distribution over 90 days investment horizon. By contrast, Dow Jones Industrial accepts 0.6798% volatility on return distribution over the 90 days horizon.

Performance |

Timeline |

## About Tsakos Energy Volatility

Volatility is a rate at which the price of Tsakos Energy 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 Tsakos Energy may increase or decrease. In other words, similar to Tsakos's beta indicator, it measures the risk of Tsakos Energy and helps estimate the fluctuations that may happen in a short period of time. So if prices of Tsakos Energy 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.Last Reported | Projected for Next Year | ||

Selling And Marketing Expenses | 16.9 M | 13.1 M | |

Market Cap | 665.1 M | 631.8 M |

Tsakos Energy'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 Tsakos Stock over a specified period of time, often expressed as the standard deviation of daily returns. In other words, it measures how much Tsakos Energy's price varies over time.

## 3 ways to utilize Tsakos Energy's volatility to invest better

Higher Tsakos Energy's stock volatility means that the price of its stock is changing rapidly and unpredictably, while lower stock volatility indicates that the price of Tsakos Energy Navigation 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. Tsakos Energy Navigation 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 Tsakos Energy Navigation investment. A higher volatility means higher risk and potentially larger changes in value.
- Identifying Opportunities: High volatility in Tsakos Energy'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 Tsakos Energy's stock relates to your other investments can help you create a well-diversified portfolio of assets with varying levels of risk.

## Tsakos Energy Investment Opportunity

Tsakos Energy Navigation has a volatility of 1.91 and is 2.81 times more volatile than Dow Jones Industrial.**16 percent**of all equities and portfolios are less risky than Tsakos Energy. You can use Tsakos Energy Navigation to protect your portfolios against small market fluctuations. The stock experiences an unexpected downward movement. The market is reacting to new fundamentals. Check odds of Tsakos Energy to be traded at $23.18 in 90 days.

### Weak diversification

The correlation between Tsakos Energy Navigation and DJI is

**0.33**(i.e., Weak diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Tsakos Energy Navigation and DJI in the same portfolio, assuming nothing else is changed.## Tsakos Energy Additional Risk Indicators

The analysis of Tsakos Energy's secondary risk indicators is one of the essential steps in making a buy or sell decision. The process involves identifying the amount of risk involved in Tsakos Energy's investment and either accepting that risk or mitigating it. Along with some common measures of Tsakos Energy stock's risk such as standard deviation, beta, or value at risk, we also provide a set of secondary indicators that can assist in the individual investment decision or help in hedging the risk of your existing portfolios.

Risk Adjusted Performance | (0.01) | |||

Market Risk Adjusted Performance | (0.05) | |||

Mean Deviation | 1.56 | |||

Coefficient Of Variation | (4,046) | |||

Standard Deviation | 1.92 | |||

Variance | 3.69 | |||

Information Ratio | (0.07) |

Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential stocks, we recommend comparing similar stocks with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.

## Tsakos Energy 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 Tsakos Energy 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. Tsakos Energy'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, Tsakos Energy'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 Tsakos Energy Navigation.

## Additional Information and Resources on Investing in Tsakos Stock

When determining whether Tsakos Energy Navigation offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Tsakos Energy's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Tsakos Energy Navigation Stock.**Outlined below are crucial reports that will aid in making a well-informed decision on Tsakos Energy Navigation Stock:**

Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Tsakos Energy Navigation. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income. You can also try the Sectors module to list of equity sectors categorizing publicly traded companies based on their primary business activities.

Is Oil & Gas Storage & Transportation space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Tsakos Energy. If investors know Tsakos will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Tsakos Energy listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.

Quarterly Earnings Growth(0.72) | Earnings Share4.95 | Revenue Per Share28.128 | Quarterly Revenue Growth(0.23) | Return On Assets0.0503 |

The market value of Tsakos Energy Navigation is measured differently than its book value, which is the value of Tsakos that is recorded on the company's balance sheet. Investors also form their own opinion of Tsakos Energy's value that differs from its market value or its book value, called intrinsic value, which is Tsakos Energy's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Tsakos Energy's market value can be influenced by many factors that don't directly affect Tsakos Energy's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.

Please note, there is a significant difference between Tsakos Energy's value and its price as these two are different measures arrived at by different means. Investors typically determine if Tsakos Energy is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Tsakos Energy's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.