We consider Eastfield Resources out of control. Eastfield Resources secures Sharpe Ratio (or Efficiency) of 0.0115, which denotes the company had 0.0115% of return per unit of risk over the last 3 months. Our standpoint towards predicting the volatility of a stock is to use all available market data together with stock-specific technical indicators that cannot be diversified away. We have found fifteen technical indicators for Eastfield Resources, which you can use to evaluate the future volatility of the firm. Please confirm Eastfield Resources Variance of 177.36, mean deviation of 7.2, and Standard Deviation of 13.32 to check if the risk estimate we provide is consistent with the expected return of 0.15%.
30 Days Market Risk
Chance of Distress
30 Days Economic Sensitivity
Eastfield Resources 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 Eastfield daily returns, and it is calculated using variance and standard deviation. We also use Eastfield's beta, its sensitivity to the market, as well as its odds of financial distress to provide a more practical estimation of Eastfield Resources volatility.
Since volatility provides investors with entry points to take advantage of stock prices, companies, such as Eastfield Resources 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 Eastfield Resources at lower prices. For example, an investor can purchase Eastfield 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 Eastfield Resources' 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 together with Eastfield Pink Sheet
Moving against Eastfield Pink Sheet
Eastfield Resources Market Sensitivity And Downside Risk
Eastfield Resources' beta coefficient measures the volatility of Eastfield pink sheet compared to the systematic risk of the entire stock 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 Eastfield pink sheet's returns against your selected market. In other words, Eastfield Resources's beta of -1.59 provides an investor with an approximation of how much risk Eastfield Resources pink sheet can potentially add to one of your existing portfolios.Eastfield Resources is displaying above-average volatility over the selected time horizon. Investors should scrutinize Eastfield Resources independently to ensure intended market timing strategies are aligned with expectations about Eastfield Resources volatility. Eastfield Resources is a penny stock. Although Eastfield Resources may be in fact a good investment, many penny pink sheets are subject to artificial price hype. Make sure you completely understand the upside potential and downside risk of investing in Eastfield Resources. We encourage investors to look for signals such as message board hypes, claims of breakthroughs, email spams, sudden volume upswings, and other similar hype indicators. We also encourage traders to check biographies and work history of company officers before investing in instruments with high volatility. You can indeed make money on Eastfield instrument if you perfectly time your entry and exit. However, remember that penny pink sheets that have been the subject of artificial hype usually unable to maintain their increased share price for more than just a few days. The price of a promoted high volatility instrument will almost always revert back. The only way to increase shareholder value is through legitimate performance backed up by solid fundamentals. 3 Months Beta |Analyze Eastfield Resources Demand TrendCheck current 90 days Eastfield Resources correlation with market (NYSE Composite)
Eastfield standard deviation measures the daily dispersion of prices over your selected time horizon relative to its mean. Typical volatile equity 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.
It is essential to understand the difference between upside risk (as represented by Eastfield Resources's standard deviation) and the downside risk, which can be measured by semi-deviation or downside deviation of Eastfield Resources' daily returns or price. Since the actual investment returns on holding a position in eastfield pink sheet 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 Eastfield Resources.
Eastfield Resources Pink Sheet Volatility Analysis
Volatility refers to the frequency at which Eastfield Resources pink sheet price increases or decreases within a specified period. These fluctuations usually indicate the level of risk that's associated with Eastfield Resources' price changes. Investors will then calculate the volatility of Eastfield Resources' 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 Eastfield Resources' volatility:
Historical VolatilityThis type of pink sheet volatility measures Eastfield Resources' fluctuations based on previous trends. It's commonly used to predict Eastfield Resources' future behavior based on its past. However, it cannot conclusively determine the future direction of the pink sheet.
Implied VolatilityThis type of volatility provides a positive outlook on future price fluctuations for Eastfield Resources' 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 Eastfield Resources' to be redeemed at a future date.
Eastfield Resources Projected Return Density Against MarketAssuming the 90 days horizon Eastfield Resources has a beta of -1.5888 suggesting as returns on its benchmark rise, returns on holding Eastfield Resources are expected to decrease by similarly larger amounts. On the other hand, during market turmoils, Eastfield Resources is expected to outperform its benchmark.
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 Eastfield Resources or Basic Materials 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 Eastfield Resources' 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 Eastfield 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.The company has a negative alpha, implying that the risk taken by holding this instrument is not justified. Eastfield Resources is significantly underperforming NYSE Composite. Eastfield Resources' volatility is measured either by using standard deviation or beta. Standard deviation will reflect the average amount of how eastfield pink sheet's price will differ from the mean after some time.To get its calculation, you should first determine the mean price during the specified period then subtract that from each price point.
What Drives an Eastfield Resources Price Volatility?Several factors can influence a pink sheet's market volatility:
IndustrySpecific 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 environmentWhen 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 PerformanceSometimes 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.
Eastfield Resources Pink Sheet Risk Measures
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 Eastfield Resources or Basic Materials 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 Eastfield Resources' 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 Eastfield 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. Assuming the 90 days horizon the coefficient of variation of Eastfield Resources is 8661.3. The daily returns are distributed with a variance of 179.61 and standard deviation of 13.4. The mean deviation of Eastfield Resources is currently at 7.08. For similar time horizon, the selected benchmark (NYSE Composite) has volatility of 0.63
Eastfield Resources Pink Sheet Return VolatilityEastfield Resources historical daily return volatility represents how much of Eastfield Resources pink sheet's daily returns swing around its mean - it is a statistical measure of its dispersion of returns. The company shows 13.4019% volatility of returns over 90 . By contrast, NYSE Composite accepts 0.6206% volatility on return distribution over the 90 days horizon.
About Eastfield Resources Volatility
Volatility is a rate at which the price of Eastfield Resources 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 Eastfield Resources may increase or decrease. In other words, similar to Eastfield's beta indicator, it measures the risk of Eastfield Resources and helps estimate the fluctuations that may happen in a short period of time. So if prices of Eastfield Resources 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.
Eastfield Resources' 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 Eastfield Pink Sheet over a specified period of time, often expressed as the standard deviation of daily returns. In other words, it measures how much Eastfield Resources' price varies over time.
3 ways to utilize Eastfield Resources' volatility to invest betterHigher Eastfield Resources' stock volatility means that the price of its stock is changing rapidly and unpredictably, while lower stock volatility indicates that the price of Eastfield Resources 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. Eastfield Resources 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 Eastfield Resources investment. A higher volatility means higher risk and potentially larger changes in value.
- Identifying Opportunities: High volatility in Eastfield Resources' 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 Eastfield Resources' stock relates to your other investments can help you create a well-diversified portfolio of assets with varying levels of risk.
Eastfield Resources Investment OpportunityEastfield Resources has a volatility of 13.4 and is 21.61 times more volatile than NYSE Composite. 96 of all equities and portfolios are less risky than Eastfield Resources. Compared to the overall equity markets, volatility of historical daily returns of Eastfield Resources is higher than 96 () of all global equities and portfolios over the last 90 days. Use Eastfield Resources to protect your portfolios against small market fluctuations. Benchmarks are essential to demonstrate the utility of optimization algorithms. The pink sheet experiences a very speculative downward sentiment. The market maybe over-reacting. Check odds of Eastfield Resources to be traded at $0.0161 in 90 days.
Eastfield Resources Additional Risk Indicators
The analysis of Eastfield Resources' 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 Eastfield Resources' investment and either accepting that risk or mitigating it. Along with some common measures of Eastfield Resources pink sheet'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.
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential pink sheets, we recommend comparing similar pink sheets with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.
Eastfield Resources 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 Eastfield Resources 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. Eastfield Resources' 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, Eastfield Resources' 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 Eastfield Resources.
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Eastfield Resources. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of economic analysis. You can also try the Equity Search module to search for actively traded equities including funds and ETFs from over 30 global markets.
Complementary Tools for Eastfield Pink Sheet analysis
When running Eastfield Resources' price analysis, check to measure Eastfield Resources' 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 Eastfield Resources is operating at the current time. Most of Eastfield Resources' value examination focuses on studying past and present price action to predict the probability of Eastfield Resources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Eastfield Resources' price. Additionally, you may evaluate how the addition of Eastfield Resources to your portfolios can decrease your overall portfolio volatility.