Cequence Volatility
What is the Volatility of Cequence?
The Volatility of Cequence Energy Ltd. is 1.51%
What is the definition of Volatility?
Volatility or average true range percent (ATRP 14) is the ATR expressed as a percentage of closing price.
14-day average true range percent
Average true range percent (ATRP) measures volatility on a relative level. This is opposed to the ATR, which measures volatility on an absolute level. ATRP allows securities to be compared whereas ATR does not. That means lower-priced stocks won't necessarily have lower ATR values than higher-priced stocks.
The period used in the calculation is 14 days and the normalized indicator oscillates between 0 and 100 percent of recent price variation. Importantly, the indicator doesn't predict the direction of price but it describes the current volatility. The volatility is comparable across all securities and all markets.
Volatility expresses the degree of price movement. The use of ATRP as volatility compared to ATR is preferred in cases when different securities or different time periods are compared. Examples are stock screening, filtering strategies, and studying seasonality and volatility patterns over long periods of time and different markets
Volatility of companies in the Energy sector on TSX compared to Cequence
What does Cequence do?
Cequence Energy Ltd. engages in the acquisition, exploration, development, and production of petroleum and natural gas reserves in Western Canada. It primarily focuses on the development of its Simonette asset located in the Alberta Deep Basin. The company was formerly known as Sabretooth Energy Ltd. and changed its name to Cequence Energy Ltd. in July 2009. Cequence Energy Ltd. was incorporated in 2000 and is based in Calgary, Canada.
Companies with volatility similar to Cequence
- Zargon Oil & Gas has Volatility of 1.50%
- BlackRock MuniYield California Fund Inc has Volatility of 1.50%
- Center Coast Brookfield MLP & Infrastructure Fund has Volatility of 1.50%
- Concert Pharmaceuticals Inc has Volatility of 1.50%
- Nuveen Preferred & Income Securities Fund has Volatility of 1.50%
- Oriental Explorer has Volatility of 1.50%
- Cequence has Volatility of 1.51%
- The Charles Schwab has Volatility of 1.52%
- Whirlpool has Volatility of 1.52%
- Visa Inc has Volatility of 1.52%
- LTC Properties has Volatility of 1.52%
- Atwood Oceanics has Volatility of 1.52%
- Redcape Hotel has Volatility of 1.52%