Earthstone Energy Stock Technical Analysis
ESTEDelisted Stock | USD 15.32 0.32 2.13% |
As of the 26th of November, Earthstone Energy shows the Downside Deviation of 2.77, coefficient of variation of 1722.91, and Mean Deviation of 2.25. Earthstone Energy technical analysis allows you to utilize historical prices and volume patterns in order to determine a pattern that computes the direction of the firm's future prices. Please confirm Earthstone Energy treynor ratio, as well as the relationship between the downside variance and kurtosis to decide if Earthstone Energy is priced favorably, providing market reflects its regular price of 15.32 per share. Given that Earthstone Energy has jensen alpha of 0.2266, we urge you to verify Earthstone Energy's prevailing market performance to make sure the company can sustain itself at a future point.
Earthstone Energy Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Earthstone, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to EarthstoneEarthstone |
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.
Earthstone Energy Technical Analysis
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Earthstone Energy Trend Analysis
Use this graph to draw trend lines for Earthstone Energy. You can use it to identify possible trend reversals for Earthstone Energy as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual Earthstone Energy price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Earthstone Energy Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Earthstone Energy applied against its price change over selected period. The best fit line has a slop of 0.04 , which means Earthstone Energy will continue generating value for investors. It has 122 observation points and a regression sum of squares at 59.41, which is the sum of squared deviations for the predicted Earthstone Energy price change compared to its average price change.About Earthstone Energy Technical Analysis
The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of Earthstone Energy on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of Earthstone Energy based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Earthstone Energy price pattern first instead of the macroeconomic environment surrounding Earthstone Energy. By analyzing Earthstone Energy's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of Earthstone Energy's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to Earthstone Energy specific price patterns or momentum indicators. Please read more on our technical analysis page.
Earthstone Energy November 26, 2024 Technical Indicators
Most technical analysis of Earthstone help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Earthstone from various momentum indicators to cycle indicators. When you analyze Earthstone charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.
Cycle Indicators | ||
Math Operators | ||
Math Transform | ||
Momentum Indicators | ||
Overlap Studies | ||
Pattern Recognition | ||
Price Transform | ||
Statistic Functions | ||
Volatility Indicators | ||
Volume Indicators |
Risk Adjusted Performance | 0.0517 | |||
Market Risk Adjusted Performance | (0.23) | |||
Mean Deviation | 2.25 | |||
Semi Deviation | 2.66 | |||
Downside Deviation | 2.77 | |||
Coefficient Of Variation | 1722.91 | |||
Standard Deviation | 2.76 | |||
Variance | 7.61 | |||
Information Ratio | 0.0106 | |||
Jensen Alpha | 0.2266 | |||
Total Risk Alpha | (0.28) | |||
Sortino Ratio | 0.0106 | |||
Treynor Ratio | (0.24) | |||
Maximum Drawdown | 10.76 | |||
Value At Risk | (4.80) | |||
Potential Upside | 4.37 | |||
Downside Variance | 7.7 | |||
Semi Variance | 7.05 | |||
Expected Short fall | (2.41) | |||
Skewness | (0.09) | |||
Kurtosis | (0.52) |
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 Money Managers module to screen money managers from public funds and ETFs managed around the world.
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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