Enb Financial Corp Stock Volatility
| ENBP Stock | USD 17.75 0.70 4.11% |
Currently, ENB Financial Corp is not too volatile. ENB Financial Corp retains Efficiency (Sharpe Ratio) of 0.0352, which denotes the company had a 0.0352% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for ENB Financial, which you can use to evaluate the volatility of the firm. Please confirm ENB Financial's Coefficient Of Variation of 3124.36, downside deviation of 3.69, and Market Risk Adjusted Performance of 1.96 to check if the risk estimate we provide is consistent with the expected return of 0.11%. Key indicators related to ENB Financial's volatility include:
390 Days Market Risk | Chance Of Distress | 390 Days Economic Sensitivity |
ENB Financial OTC Stock 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 ENB daily returns, and it is calculated using variance and standard deviation. We also use ENB's beta, its sensitivity to the market, as well as its odds of financial distress to provide a more practical estimation of ENB Financial volatility.
ENB |
ESG Sustainability
While most ESG disclosures are voluntary, ENB Financial's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to ENB Financial's managers and investors.Environmental | Governance | Social |
Since volatility provides investors with entry points to take advantage of stock prices, companies, such as ENB Financial 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 ENB Financial at lower prices. For example, an investor can purchase ENB 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 ENB Financial's 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 against ENB OTC Stock
| 0.55 | SGD | Safe and Green | PairCorr |
| 0.5 | KO | Coca Cola Aggressive Push | PairCorr |
| 0.41 | QLGN | Qualigen Therapeutics Trending | PairCorr |
| 0.41 | JNJ | Johnson Johnson Sell-off Trend | PairCorr |
| 0.32 | MMM | 3M Company Fiscal Year End 28th of January 2025 | PairCorr |
ENB Financial Market Sensitivity And Downside Risk
ENB Financial's beta coefficient measures the volatility of ENB otc stock compared to the systematic risk of the entire 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 ENB otc stock's returns against your selected market. In other words, ENB Financial's beta of 0.0452 provides an investor with an approximation of how much risk ENB Financial otc stock can potentially add to one of your existing portfolios. ENB Financial Corp shows above-average downside volatility for the selected time horizon. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure ENB Financial's otc stock risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact ENB Financial's otc stock price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different financial instruments as prices fall.
3 Months Beta |Analyze ENB Financial Corp Demand TrendCheck current 90 days ENB Financial correlation with market (Dow Jones Industrial)ENB Beta |
ENB standard deviation measures the daily dispersion of prices over your selected time horizon relative to its mean. A typical volatile entity 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.
Standard Deviation | 3.11 |
It is essential to understand the difference between upside risk (as represented by ENB Financial's standard deviation) and the downside risk, which can be measured by semi-deviation or downside deviation of ENB Financial's daily returns or price. Since the actual investment returns on holding a position in enb otc stock 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 ENB Financial.
ENB Financial Corp OTC Stock Volatility Analysis
Volatility refers to the frequency at which ENB Financial otc price increases or decreases within a specified period. These fluctuations usually indicate the level of risk that's associated with ENB Financial's price changes. Investors will then calculate the volatility of ENB Financial's otc stock to predict their future moves. A otc that has erratic price changes quickly hits new highs, and lows are considered highly volatile. A otc stock with relatively stable price changes has low volatility. A highly volatile otc 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 ENB Financial's volatility:
Historical Volatility
This type of otc volatility measures ENB Financial's fluctuations based on previous trends. It's commonly used to predict ENB Financial's future behavior based on its past. However, it cannot conclusively determine the future direction of the otc stock.Implied Volatility
This type of volatility provides a positive outlook on future price fluctuations for ENB Financial's current market price. This means that the otc will return to its initially predicted market price. This type of volatility can be derived from derivative instruments written on ENB Financial's to be redeemed at a future date.Transformation |
The output start index for this execution was zero with a total number of output elements of sixty-one. ENB Financial Corp Average Price is the average of the sum of open, high, low and close daily prices of a bar. It can be used to smooth an indicator that normally takes just the closing price as input.
ENB Financial Projected Return Density Against Market
Given the investment horizon of 90 days ENB Financial has a beta of 0.0452 suggesting as returns on the market go up, ENB Financial average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding ENB Financial Corp will be expected to be much smaller as well.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 ENB Financial or Banks 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 ENB Financial's price will be affected by overall otc stock 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 ENB otc'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.
ENB Financial Corp has an alpha of 0.0827, implying that it can generate a 0.0827 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Predicted Return Density |
| Returns |
What Drives an ENB Financial Price Volatility?
Several factors can influence a otc's market volatility:Industry
Specific 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 environment
When 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 Performance
Sometimes 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.ENB Financial OTC Stock Risk Measures
Given the investment horizon of 90 days the coefficient of variation of ENB Financial is 2843.71. The daily returns are distributed with a variance of 9.67 and standard deviation of 3.11. The mean deviation of ENB Financial Corp is currently at 1.94. For similar time horizon, the selected benchmark (Dow Jones Industrial) has volatility of 0.77
α | Alpha over Dow Jones | 0.08 | |
β | Beta against Dow Jones | 0.05 | |
σ | Overall volatility | 3.11 | |
Ir | Information ratio | -0.01 |
ENB Financial OTC Stock Return Volatility
ENB Financial historical daily return volatility represents how much of ENB Financial otc's daily returns swing around its mean - it is a statistical measure of its dispersion of returns. The enterprise inherits 3.1101% risk (volatility on return distribution) over the 90 days horizon. By contrast, Dow Jones Industrial accepts 0.7685% volatility on return distribution over the 90 days horizon. Performance |
| Timeline |
About ENB Financial Volatility
Volatility is a rate at which the price of ENB Financial 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 ENB Financial may increase or decrease. In other words, similar to ENB's beta indicator, it measures the risk of ENB Financial and helps estimate the fluctuations that may happen in a short period of time. So if prices of ENB Financial 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.ENB Financial Corp operates as the bank holding company for Ephrata National Bank that provides various financial services to individuals and small-to-medium-sized businesses in Pennsylvania, the United States. The company was founded in 1881 and is headquartered in Ephrata, Pennsylvania. Enb Financial operates under BanksRegional classification in the United States and is traded on OTC Exchange. It employs 251 people.
ENB Financial's 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 ENB OTC Stock over a specified period of time, often expressed as the standard deviation of daily returns. In other words, it measures how much ENB Financial's price varies over time.
3 ways to utilize ENB Financial's volatility to invest better
Higher ENB Financial's stock volatility means that the price of its stock is changing rapidly and unpredictably, while lower stock volatility indicates that the price of ENB Financial Corp 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. ENB Financial Corp 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 ENB Financial Corp investment. A higher volatility means higher risk and potentially larger changes in value.
- Identifying Opportunities: High volatility in ENB Financial's 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 ENB Financial's stock relates to your other investments can help you create a well-diversified portfolio of assets with varying levels of risk.
ENB Financial Investment Opportunity
ENB Financial Corp has a volatility of 3.11 and is 4.04 times more volatile than Dow Jones Industrial. 27 percent of all equities and portfolios are less risky than ENB Financial. You can use ENB Financial Corp to enhance the returns of your portfolios. The otc stock experiences a very speculative upward sentiment. The trend is possibly hyped up. Check odds of ENB Financial to be traded at $22.19 in 90 days.Significant diversification
The correlation between ENB Financial Corp and DJI is 0.01 (i.e., Significant diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding ENB Financial Corp and DJI in the same portfolio, assuming nothing else is changed.
ENB Financial Additional Risk Indicators
The analysis of ENB Financial's 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 ENB Financial's investment and either accepting that risk or mitigating it. Along with some common measures of ENB Financial otc stock'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.
| Risk Adjusted Performance | 0.032 | |||
| Market Risk Adjusted Performance | 1.96 | |||
| Mean Deviation | 1.94 | |||
| Semi Deviation | 3.18 | |||
| Downside Deviation | 3.69 | |||
| Coefficient Of Variation | 3124.36 | |||
| Standard Deviation | 3.07 |
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential otc stocks, we recommend comparing similar otcs with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.
ENB Financial 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 ENB Financial 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. ENB Financial's 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, ENB Financial's 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 ENB Financial Corp.
Additional Tools for ENB OTC Stock Analysis
When running ENB Financial's price analysis, check to measure ENB Financial'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 ENB Financial is operating at the current time. Most of ENB Financial's value examination focuses on studying past and present price action to predict the probability of ENB Financial's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move ENB Financial's price. Additionally, you may evaluate how the addition of ENB Financial to your portfolios can decrease your overall portfolio volatility.