Earthstone Energy Price on July 24, 2023
ESTEDelisted Stock | USD 15.32 0.32 2.13% |
If you're considering investing in Earthstone Stock, it is important to understand the factors that can impact its price. As of today, the current price of Earthstone Energy stands at 15.32, as last reported on the 22nd of November, with the highest price reaching 15.50 and the lowest price hitting 14.86 during the day. We have found twenty-nine technical indicators for Earthstone Energy, which you can use to evaluate the volatility of the firm. Please confirm Earthstone Energy's Downside Deviation of 2.77, coefficient of variation of 1722.91, and Mean Deviation of 2.25 to check if the risk estimate we provide is consistent with the expected return of 0.0%.
Earthstone Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
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Sharpe Ratio = 0.0
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Based on monthly moving average Earthstone Energy is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Earthstone Energy by adding Earthstone Energy to a well-diversified portfolio.
Earthstone Energy Valuation on July 24, 2023
It is possible to determine the worth of Earthstone Energy on a given historical date. On July 24, 2023 Earthstone was worth 15.0 at the beginning of the trading date compared to the closed value of 15.32. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Earthstone Energy stock. Still, in general, we apply an absolute valuation method to find Earthstone Energy's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Earthstone Energy where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Earthstone Energy's related companies.
Open | High | Low | Close | Volume | |
15.00 | 15.11 | 14.70 | 15.04 | 706,856 | |
07/24/2023 | 15.00 | 15.50 | 14.86 | 15.32 | 980,916 |
15.00 | 15.50 | 14.86 | 15.32 | 0.00 |
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Earthstone Energy Trading Date Momentum on July 24, 2023
On November 22 2024 Earthstone Energy was traded for 15.32 at the closing time. The top price for the day was 15.50 and the lowest listed price was 14.86 . There was no trading activity during the period 0.0. Lack of trading volume on November 22, 2024 did not affect price variability. The overall trading delta against the current closing price is 2.09% . |
Earthstone Energy Fundamentals Correlations and Trends
By evaluating Earthstone Energy's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Earthstone Energy's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Earthstone financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Earthstone Energy Stock history
Earthstone Energy investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Earthstone is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Earthstone Energy will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Earthstone Energy stock prices may prove useful in developing a viable investing in Earthstone Energy
Earthstone Energy, Inc., an independent oil and gas company, engages in the acquisition, exploration, development, and production of oil and natural gas properties in the United States. Earthstone Energy, Inc. was incorporated in 1969 and is headquartered in The Woodlands, Texas. Earthstone Energy operates under Oil Gas EP classification in the United States and is traded on New York Stock Exchange. It employs 81 people.
Earthstone Energy Stock Technical Analysis
Earthstone Energy technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, delisted stock market cycles, or different charting patterns.
Price Boundaries
Earthstone Energy Period Price Range
Low | November 22, 2024
| High |
0.00 | 0.00 |
Earthstone Energy cannot be verified against its exchange. Please verify the symbol is currently traded on New York Stock Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
Earthstone Energy November 22, 2024 Market Strength
Market strength indicators help investors to evaluate how Earthstone Energy stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Earthstone Energy shares will generate the highest return on investment. By undertsting and applying Earthstone Energy stock market strength indicators, traders can identify Earthstone Energy entry and exit signals to maximize returns
Earthstone Energy Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Earthstone Energy's price direction in advance. Along with the technical and fundamental analysis of Earthstone Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Earthstone to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
Risk Adjusted Performance | 0.0515 | |||
Jensen Alpha | 0.058 | |||
Total Risk Alpha | (0.21) | |||
Sortino Ratio | 0.0182 | |||
Treynor Ratio | 0.1621 |
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Check out Investing Opportunities to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate. You can also try the Instant Ratings module to determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance.
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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