Key Energy Services Volatility
| KEGXDelisted Stock | USD 0.10 0.00 0.00% |
We have found seventeen technical indicators for Key Energy, which you can use to evaluate the volatility of the firm. Please verify Key Energy's Standard Deviation of 1267.99, risk adjusted performance of 0.1066, and Mean Deviation of 319.35 to check out if the risk estimate we provide is consistent with the expected return of 0.0%. Key indicators related to Key Energy's volatility include:
30 Days Market Risk | Chance Of Distress | 30 Days Economic Sensitivity |
Key Energy 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 Key daily returns, and it is calculated using variance and standard deviation. We also use Key's beta, its sensitivity to the market, as well as its odds of financial distress to provide a more practical estimation of Key Energy volatility.
Key |
Since volatility provides investors with entry points to take advantage of stock prices, companies, such as Key Energy 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 Key Energy at lower prices. For example, an investor can purchase Key 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 Key Energy'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 Key Pink Sheet
| 0.41 | CHX | ChampionX Sell-off Trend | PairCorr |
| 0.41 | FTI | TechnipFMC PLC | PairCorr |
| 0.33 | DWSN | Dawson Geophysical | PairCorr |
| 0.33 | CLB | Core Laboratories | PairCorr |
| 0.31 | HLX | Helix Energy Solutions | PairCorr |
Key Energy Market Sensitivity And Downside Risk
Key Energy's beta coefficient measures the volatility of Key pink sheet 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 Key pink sheet's returns against your selected market. In other words, Key Energy's beta of 86.41 provides an investor with an approximation of how much risk Key Energy pink sheet can potentially add to one of your existing portfolios. Key Energy Services is displaying above-average volatility over the selected time horizon. Key Energy Services is a potential penny stock. Although Key Energy may be in fact a good instrument to invest, many penny pink sheets are speculative in nature and are subject to artificial price hype. Please make sure you totally understand the upside potential and downside risk of investing in Key Energy Services. We encourage investors to look for signals such as email spams, message board hypes, claims of breakthroughs, volume upswings, sudden news releases, promotions that are not reported, or demotions released before SEC filings. Please also check biographies and work history of current and past company officers before investing in high volatility instruments, penny stocks, or equities with microcap classification. You can indeed make money on Key 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 Key Energy Services Demand TrendCheck current 90 days Key Energy correlation with market (Dow Jones Industrial)Key Beta |
Key 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 | 0.0 |
It is essential to understand the difference between upside risk (as represented by Key Energy's standard deviation) and the downside risk, which can be measured by semi-deviation or downside deviation of Key Energy's daily returns or price. Since the actual investment returns on holding a position in key 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 Key Energy.
Key Energy Services Pink Sheet Volatility Analysis
Volatility refers to the frequency at which Key Energy pink sheet price increases or decreases within a specified period. These fluctuations usually indicate the level of risk that's associated with Key Energy's price changes. Investors will then calculate the volatility of Key Energy's 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 Key Energy's volatility:
Historical Volatility
This type of pink sheet volatility measures Key Energy's fluctuations based on previous trends. It's commonly used to predict Key Energy's future behavior based on its past. However, it cannot conclusively determine the future direction of the pink sheet.Implied Volatility
This type of volatility provides a positive outlook on future price fluctuations for Key Energy's 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 Key Energy's to be redeemed at a future date.Transformation |
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Key Energy Projected Return Density Against Market
Given the investment horizon of 90 days the pink sheet has the beta coefficient of 86.4094 . This indicates as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Key Energy will likely underperform.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 Key Energy or Petroleum and Natural Gas 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 Key Energy's 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 Key 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.
Key Energy Services has an alpha of 149.246, implying that it can generate a 149.25 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Predicted Return Density |
| Returns |
What Drives a Key Energy Price Volatility?
Several factors can influence a pink sheet'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.Key Energy Pink Sheet Return Volatility
Key Energy historical daily return volatility represents how much of Key Energy pink sheet's daily returns swing around its mean - it is a statistical measure of its dispersion of returns. The company inherits 0.0% 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 Key Energy Volatility
Volatility is a rate at which the price of Key Energy 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 Key Energy may increase or decrease. In other words, similar to Key's beta indicator, it measures the risk of Key Energy and helps estimate the fluctuations that may happen in a short period of time. So if prices of Key Energy 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.Key Energy Services, Inc. operates as an onshore rig-based well servicing contractor in the United States. Key Energy Services, Inc. was founded in 1977 and is headquartered in Houston, Texas. Key Energy operates under Oil Gas Equipment Services classification in the United States and is traded on OTC Exchange. It employs 2000 people.
Key Energy'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 Key Pink Sheet over a specified period of time, often expressed as the standard deviation of daily returns. In other words, it measures how much Key Energy's price varies over time.
3 ways to utilize Key Energy's volatility to invest better
Higher Key Energy's stock volatility means that the price of its stock is changing rapidly and unpredictably, while lower stock volatility indicates that the price of Key Energy Services 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. Key Energy Services 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 Key Energy Services investment. A higher volatility means higher risk and potentially larger changes in value.
- Identifying Opportunities: High volatility in Key Energy'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 Key Energy's stock relates to your other investments can help you create a well-diversified portfolio of assets with varying levels of risk.
Key Energy Investment Opportunity
Dow Jones Industrial has a standard deviation of returns of 0.77 and is 9.223372036854776E16 times more volatile than Key Energy Services. 0 percent of all equities and portfolios are less risky than Key Energy. You can use Key Energy Services to protect your portfolios against small market fluctuations. The pink sheet experiences a normal downward fluctuation but is a risky buy. Check odds of Key Energy to be traded at $0.099 in 90 days.Significant diversification
The correlation between Key Energy Services and DJI is 0.05 (i.e., Significant diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Key Energy Services and DJI in the same portfolio, assuming nothing else is changed.
Key Energy Additional Risk Indicators
The analysis of Key Energy'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 Key Energy's investment and either accepting that risk or mitigating it. Along with some common measures of Key Energy 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.
| Risk Adjusted Performance | 0.1066 | |||
| Market Risk Adjusted Performance | 1.86 | |||
| Mean Deviation | 319.35 | |||
| Coefficient Of Variation | 794.02 | |||
| Standard Deviation | 1267.99 | |||
| Variance | 1607795.76 | |||
| Information Ratio | 0.1258 |
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.
Key Energy 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 Key Energy 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. Key Energy'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, Key Energy'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 Key Energy Services.
Check out Correlation Analysis 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 price. You can also try the USA ETFs module to find actively traded Exchange Traded Funds (ETF) in USA.
Other Consideration for investing in Key Pink Sheet
If you are still planning to invest in Key Energy Services 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 Key Energy's history and understand the potential risks before investing.
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