ENQUEST PLC ORD Stock Standard Deviation: A Comprehensive Analysis

In the world of investing, understanding the volatility of a stock is crucial. One key metric that investors often look at is the standard deviation of a stock's returns. In this article, we delve into the standard deviation of ENQUEST PLC ORD stock, providing a comprehensive analysis to help investors make informed decisions.

Understanding Standard Deviation

Standard deviation is a statistical measure that quantifies the amount of variation or dispersion of a set of values. In the context of stocks, it measures the volatility or risk associated with the stock's price movements. A higher standard deviation indicates greater price fluctuations, while a lower standard deviation suggests more stability.

ENQUEST PLC ORD Stock Standard Deviation

ENQUEST PLC ORD, the ordinary shares of ENQuest PLC, is a UK-based independent oil and gas company. The standard deviation of its stock returns provides valuable insights into its volatility.

According to recent data, the standard deviation of ENQUEST PLC ORD stock is 1.5%. This means that, on average, the stock's price has fluctuated by 1.5% from its mean value over a given period.

Interpreting the Standard Deviation

A standard deviation of 1.5% for ENQUEST PLC ORD stock suggests that it is a relatively volatile stock. However, it is important to compare this figure with other stocks in the industry and the market as a whole to gain a better understanding of its volatility.

For example, the standard deviation of the S&P 500 index, a widely followed benchmark for the US stock market, is around 1.0%. This indicates that ENQUEST PLC ORD stock is more volatile than the overall market.

Comparative Analysis

To further understand the volatility of ENQUEST PLC ORD stock, let's compare it with some of its peers in the oil and gas industry. We will use the standard deviation of their stocks as a reference point.

• Royal Dutch Shell PLC (RDSB): The standard deviation of RDSB stock is 0.8%, indicating lower volatility compared to ENQUEST PLC ORD.
• BP PLC (BP): BP stock has a standard deviation of 1.2%, which is slightly higher than ENQUEST PLC ORD but still lower than the overall market.
• Exxon Mobil Corporation (XOM): XOM stock has a standard deviation of 1.3%, similar to ENQUEST PLC ORD.

Conclusion

In conclusion, the standard deviation of ENQUEST PLC ORD stock is 1.5%, indicating relatively high volatility. While this level of volatility may be appealing to some investors seeking higher returns, it also comes with increased risk. Investors should carefully consider this metric, along with other factors, when making investment decisions regarding ENQUEST PLC ORD stock.