Earthstone Energy Alpha and Beta Analysis
ESTEDelisted Stock | USD 21.17 0.13 0.62% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Earthstone Energy. It also helps investors analyze the systematic and unsystematic risks associated with investing in Earthstone Energy over a specified time horizon. Remember, high Earthstone Energy's alpha is almost always a sign of good performance; however, a high beta will depend on investors' risk tolerance level and may signal increased volatility and potential future overvaluation. Key technical indicators related to Earthstone Energy's market risk premium analysis include:
Beta 0.31 | Alpha 0.44 | Risk 0.0 | Sharpe Ratio 0.0 | Expected Return 0.0 |
Alpha is a measure of relative performance on a risk-adjusted basis, while beta measures volatility against the benchmark. The goal is to know if an investor is being compensated for the volatility risk taken. The return on investment might be better than its reference but still not compensate for the assumption of the risk.
Earthstone |
Earthstone Energy Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Earthstone Energy market risk premium is the additional return an investor will receive from holding Earthstone Energy long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Earthstone Energy. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Alpha and beta are two of the key measurements used to evaluate Earthstone Energy's performance over market.α | 0.44 | β | 0.31 |
Earthstone Energy Fundamentals Vs Peers
Comparing Earthstone Energy's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze Earthstone Energy's direct or indirect competition across all of the common fundamentals between Earthstone Energy and the related equities. This way, we can detect undervalued stocks with similar characteristics as Earthstone Energy or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Earthstone Energy's fundamental indicators could also be used in its relative valuation, which is a method of valuing Earthstone Energy by comparing valuation metrics with those of similar companies.
Better Than Average | Worse Than Average | Compare Earthstone Energy to competition |
Fundamentals | Earthstone Energy | Peer Average |
Return On Equity | 0.3 | -0.31 |
Return On Asset | 0.14 | -0.14 |
Profit Margin | 0.08 % | (1.27) % |
Operating Margin | 0.53 % | (5.51) % |
Current Valuation | 1.94 B | 16.62 B |
Shares Outstanding | 106.33 M | 571.82 M |
Shares Owned By Insiders | 3.53 % | 10.09 % |
Earthstone Energy Opportunities
Earthstone Energy Return and Market Media
The Stock received substential amount of media coverage during this period. Price Growth (%) |
Timeline |
1 | Earthstone Energy to Participate in Upcoming Conferences - GlobeNewswire | 08/11/2023 |
2 | Shareholder Alert Ademi LLP investigates whether Earthstone Energy, Inc. has obtained a Fair Price in its transaction with Permian Resources | 08/21/2023 |
3 | Earthstone Energy Shares Gap Down to 19.33 | 08/23/2023 |
4 | ExodusPoint Capital Management LP Makes New 2.93 Million Investment in Earthstone Energy, Inc. | 08/31/2023 |
5 | StockNews.com Initiates Coverage on Earthstone Energy with Hold ... - Best Stocks | 09/18/2023 |
6 | Analysis and Investor Interest in Earthstone Energy A Closer Look - Best Stocks | 10/03/2023 |
7 | Stock Upgrades Crescent Energy Shows Rising Relative Strength - Investors Business Daily | 10/26/2023 |
About Earthstone Energy Beta and Alpha
For many years both, Alpha and Beta indicators are used by professional money managers as critical performance measurement tools across virtually all financial instruments including Earthstone or other delisted stocks. Alpha measures the amount that position in Earthstone Energy has returned in comparison to a selected market index or another relevant benchmark. In other words, Alpha is the excess return on an investment relative to the performance of your selected benchmark. Beta, on the other hand, measures the relative risk of your investment.
Earthstone Energy Upcoming Company Events
As portrayed in its financial statements, the presentation of Earthstone Energy's financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Earthstone Energy's leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of Earthstone Energy's public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of Earthstone Energy. Please utilize our Beneish M Score to check the likelihood of Earthstone Energy's management manipulating its earnings.
1st of November 2023 Upcoming Quarterly Report | View | |
13th of March 2024 Next Financial Report | View | |
30th of September 2023 Next Fiscal Quarter End | View | |
13th of March 2024 Next Fiscal Year End | View | |
30th of June 2023 Last Quarter Report | View | |
31st of December 2022 Last Financial Announcement | View |
Build Portfolio with Earthstone Energy
Your optimized portfolios are the building block of your wealth. We provide an intuitive interface to determine which securities in a portfolio should be removed or rebalanced to achieve better diversification, find the right mix of securities that minimizes portfolio risk for a given return, or maximize portfolio expected return for a given risk level.Build Diversified Portfolios
Align your risk with return expectations
Check out Investing Opportunities to better understand how to build diversified portfolios. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in estimate. You can also try the Equity Valuation module to check real value of public entities based on technical and fundamental data.
Other Consideration for investing in Earthstone Stock
If you are still planning to invest in Earthstone Energy check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Earthstone Energy's history and understand the potential risks before investing.
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