Erin Energy Corp Stock Market Value
| ERINQ Stock | USD 0.0001 0.00 0.00% |
| Symbol | Erin |
Erin Energy 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Erin Energy's pink sheet what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Erin Energy.
| 12/08/2025 |
| 01/07/2026 |
If you would invest 0.00 in Erin Energy on December 8, 2025 and sell it all today you would earn a total of 0.00 from holding Erin Energy Corp or generate 0.0% return on investment in Erin Energy over 30 days. Erin Energy is related to or competes with Golar LNG. Erin Energy Corporation, an independent exploration and production company, engages in the acquisition and development o... More
Erin Energy Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Erin Energy's pink sheet current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Erin Energy Corp upside and downside potential and time the market with a certain degree of confidence.
Erin Energy Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Erin Energy's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Erin Energy's standard deviation. In reality, there are many statistical measures that can use Erin Energy historical prices to predict the future Erin Energy's volatility.Erin Energy Corp Backtested Returns
We have found three technical indicators for Erin Energy Corp, which you can use to evaluate the volatility of the firm. The firm shows a Beta (market volatility) of 0.0, which means not very significant fluctuations relative to the market. the returns on MARKET and Erin Energy are completely uncorrelated.
Auto-correlation | 0.00 |
No correlation between past and present
Erin Energy Corp has no correlation between past and present. Overlapping area represents the amount of predictability between Erin Energy time series from 8th of December 2025 to 23rd of December 2025 and 23rd of December 2025 to 7th of January 2026. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Erin Energy Corp price movement. The serial correlation of 0.0 indicates that just 0.0% of current Erin Energy price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.0 | |
| Spearman Rank Test | 1.0 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Erin Energy Corp lagged returns against current returns
Autocorrelation, which is Erin Energy pink sheet's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Erin Energy's pink sheet expected returns. We can calculate the autocorrelation of Erin Energy returns to help us make a trade decision. For example, suppose you find that Erin Energy has exhibited high autocorrelation historically, and you observe that the pink sheet is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
Erin Energy regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Erin Energy pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Erin Energy pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Erin Energy pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Erin Energy Lagged Returns
When evaluating Erin Energy's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Erin Energy pink sheet have on its future price. Erin Energy autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Erin Energy autocorrelation shows the relationship between Erin Energy pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Erin Energy Corp.
Regressed Prices |
| Timeline |
Pair Trading with Erin Energy
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Erin Energy position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Erin Energy will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to Erin Energy could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Erin Energy when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Erin Energy - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Erin Energy Corp to buy it.
The correlation of Erin Energy is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Erin Energy moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Erin Energy Corp moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Erin Energy can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Additional Tools for Erin Pink Sheet Analysis
When running Erin Energy's price analysis, check to measure Erin Energy'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 Erin Energy is operating at the current time. Most of Erin Energy's value examination focuses on studying past and present price action to predict the probability of Erin Energy's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Erin Energy's price. Additionally, you may evaluate how the addition of Erin Energy to your portfolios can decrease your overall portfolio volatility.