# Bancfirst Stock Volatility

BANF | - USA Stock | ## USD 77.95 0.42 0.54% |

Bancfirst Corp appears to be very steady, given 3 months investment horizon. Bancfirst Corp secures Sharpe Ratio (or Efficiency) of 0.24, which signifies that the company had 0.24% of return per unit of risk over the last 3 months. Our standpoint towards foreseeing the volatility of a stock is to use all available market data together with stock-specific technical indicators that cannot be diversified away. We have found twenty-eight technical indicators for Bancfirst Corp, which you can use to evaluate the future volatility of the firm. Please makes use of Bancfirst Corp's Risk Adjusted Performance of 0.2118, mean deviation of 1.01, and Downside Deviation of 1.11 to double-check if our risk estimates are consistent with your expectations.

## Bancfirst Volatility | Bancfirst |

Bancfirst Corp 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 Bancfirst daily returns, and it is calculated using variance and standard deviation. We also use Bancfirst's beta, its sensitivity to the market, as well as its odds of financial distress to provide a more practical estimation of Bancfirst Corp volatility.

### 30 Days Market Risk

### Chance of Distress

### 30 Days Economic Sensitivity

Since volatility provides investors with entry points to take advantage of stock prices, companies, such as Bancfirst Corp 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 Bancfirst Corp at lower prices. For example, an investor can purchase Bancfirst 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 Bancfirst Corp'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.

## Bancfirst Corp Market Sensitivity And Downside Risk

Bancfirst Corp's beta coefficient measures the volatility of Bancfirst stock compared to the systematic risk of the entire stock 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 Bancfirst stock's returns against your selected market. In other words, Bancfirst Corp's beta of 0.83 provides an investor with an approximation of how much risk Bancfirst Corp stock can potentially add to one of your existing portfolios.

Let's try to break down what Bancfirst's beta means in this case. As returns on the market increase, Bancfirst Corp returns are expected to increase less than the market. However, during the bear market, the loss on holding Bancfirst Corp will be expected to be smaller as well. 3 Months Beta |Analyze Bancfirst Corp Demand TrendCheck current 90 days Bancfirst Corp correlation with market (DOW)

Bancfirst standard deviation measures the daily dispersion of prices over your selected time horizon relative to its mean. Typical volatile equity 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.

## Bancfirst Beta |

## Standard Deviation | 1.3 |

It is essential to understand the difference between upside risk (as represented by Bancfirst Corp's standard deviation) and the downside risk, which can be measured by semi-deviation or downside deviation of Bancfirst Corp stock's daily returns or price. Since the actual investment returns on holding a position in Bancfirst Corp 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 Bancfirst Corp.

## Bancfirst Corp Implied Volatility | 133.88 |

Bancfirst Corp's implied volatility exposes the market's sentiment of Bancfirst Corp stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Bancfirst Corp's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that Bancfirst Corp stock will not fluctuate a lot when Bancfirst Corp's options are near their expiration.

## Bancfirst Corp Stock Volatility Analysis

Volatility refers to the frequency at which Bancfirst Corp stock price increases or decreases within a specified period. These fluctuations usually indicate the level of risk that's associated with Bancfirst Corp's price changes. Investors will then calculate the volatility of Bancfirst Corp's stock to predict their future moves. A stock that has erratic price changes quickly hits new highs, and lows are considered highly volatile. A stock with relatively stable price changes has low volatility. A highly volatile stock 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 Bancfirst Corp's volatility:### Historical Volatility

This type of stock volatility measures Bancfirst Corp's fluctuations based on previous trends. It's commonly used to predict Bancfirst Corp's future behavior based on its past. However, it cannot conclusively determine the future direction of the stock.### Implied Volatility

This type of volatility provides a positive outlook on future price fluctuations for Bancfirst Corp's current market price. This means that the stock will return to its initially predicted market price.Transformation |

The output start index for this execution was zero with a total number of output elements of sixty-one. Bancfirst 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. View also all equity analysis or get more info about average price price transform indicator.

## Bancfirst Corp Projected Return Density Against Market

Given the investment horizon of 90 days Bancfirst Corp has a beta of 0.8326 suggesting as returns on the market go up, Bancfirst Corp average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Bancfirst Corp will be expected to be much smaller as well.

Bancfirst Corp's volatility is measured either by using standard deviation or beta. Standard deviation will reflect the average amount of how Bancfirst Corp stock's price will differ from the mean after some time.To get its calculation, you should first determine the mean price during the specified period then subtract that from each price point. 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 Bancfirst Corp or Financial Services 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 Bancfirst Corp stock's price will be affected by overall 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 Bancfirst stock'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.

The company has an alpha of 0.278, implying that it can generate a 0.28 percent excess return over DOW after adjusting for the inherited market risk (beta). Predicted Return Density |

Returns |

## What Drives a Company's Stock Price Volatility?

Several factors can influence a company's stock 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.## Bancfirst Corp Stock Risk Measures

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 Bancfirst Corp or Financial Services 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 Bancfirst Corp stock's price will be affected by overall 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 Bancfirst stock'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.

Given the investment horizon of 90 days the coefficient of variation of Bancfirst Corp is 417.23. The daily returns are distributed with a variance of 1.7 and standard deviation of 1.3. The mean deviation of Bancfirst Corp is currently at 0.98. For similar time horizon, the selected benchmark (DOW) has volatility of 0.81

α | Alpha over DOW | 0.28 | |

β | Beta against DOW | 0.83 | |

σ | Overall volatility | 1.30 | |

Ir | Information ratio | 0.20 |

## Bancfirst Corp Stock Return Volatility

Bancfirst Corp historical daily return volatility represents how much Bancfirst Corp stock's price daily returns swing around its mean daily price change - it is a statistical measure of its dispersion of returns. The firm inherits 1.3041% risk (volatility on return distribution) over the 90 days horizon. By contrast, DOW inherits 0.8151% risk (volatility on return distribution) over the 90 days horizon.

Performance (%) |

Timeline |

## About Bancfirst Corp Volatility

Volatility is a rate at which the price of Bancfirst Corp 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 Bancfirst Corp may increase or decrease. In other words, similar to Bancfirst's beta indicator, it measures the risk of Bancfirst Corp and helps estimate the fluctuations that may happen in a short period of time. So if prices of Bancfirst Corp 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.Last Reported | Projected for 2022 | |

Market Capitalization | 2.2 B | 1.9 B |

### Nearest Bancfirst long CALL Option Payoff at Expiration

Bancfirst Corp's implied volatility is one of the determining factors in the pricing options written on Bancfirst Corp. Implied volatility approximates the future value of Bancfirst Corpusing the option's current value. Options with high implied volatility have higher premiums and can be used to hedge the downside of investing in Bancfirst Corp over a specific time period.View All Bancfirst options2022-01-21 CALL at $35.0 is a CALL option contract on Bancfirst Corp's common stock with a strick price of 35.0 expiring on 2022-01-21. The contract was not traded in recent days and, as of today, has 3 days remaining before the expiration. The option is currently trading at a bid price of $40.0, and an ask price of $45.0. The implied volatility as of the 18th of January 2022 is 522.9842. Profit |

Bancfirst Corp Price At Expiration |

## Bancfirst Corp Investment Opportunity

Bancfirst Corp has a volatility of 1.3 and is 1.59 times more volatile than DOW.

**11**of all equities and portfolios are less risky than Bancfirst Corp. Compared to the overall equity markets, volatility of historical daily returns of Bancfirst Corp is lower than**11 ()**of all global equities and portfolios over the last 90 days. Use Bancfirst Corp to enhance returns of your portfolios. The stock experiences a moderate upward volatility. Check odds of Bancfirst Corp to be traded at $85.75 in 90 days. . Let's try to break down what Bancfirst's beta means in this case. As returns on the market increase, Bancfirst Corp returns are expected to increase less than the market. However, during the bear market, the loss on holding Bancfirst Corp will be expected to be smaller as well.### Very weak diversification

The correlation between Bancfirst Corp and DJI is

**Very weak diversification**for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Bancfirst Corp and DJI in the same portfolio assuming nothing else is changed.## Bancfirst Corp Additional Risk Indicators

The analysis of Bancfirst Corp'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 Bancfirst Corp's investment and either accepting that risk or mitigating it. Along with some common measures of Bancfirst Corp stock 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 | 0.2118 | |||

Market Risk Adjusted Performance | 0.4033 | |||

Mean Deviation | 1.01 | |||

Semi Deviation | 0.8033 | |||

Downside Deviation | 1.11 | |||

Coefficient Of Variation | 389.66 | |||

Standard Deviation | 1.32 |

Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential stock investments, we recommend comparing similar equities with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.

## Bancfirst Corp 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 Bancfirst Corp 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. Bancfirst Corp'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, Bancfirst Corp'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 Bancfirst Corp.

Continue to Trending Equities. Note that the Bancfirst Corp information on this page should be used as a complementary analysis to other Bancfirst Corp's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Risk-Return Analysis module to view associations between returns expected from investment and the risk you assume.

## Complementary Tools for Bancfirst Stock analysis

When running Bancfirst Corp price analysis, check to measure Bancfirst Corp'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 Bancfirst Corp is operating at the current time. Most of Bancfirst Corp's value examination focuses on studying past and present price action to predict the probability of Bancfirst Corp's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Bancfirst Corp's price. Additionally, you may evaluate how the addition of Bancfirst Corp to your portfolios can decrease your overall portfolio volatility.

Money Flow IndexDetermine momentum by analyzing Money Flow Index and other technical indicators | Go | |

Shere PortfolioTrack or share privately all of your investments from the convenience of any device | Go | |

Correlation AnalysisReduce portfolio risk simply by holding instruments which are not perfectly correlated | Go | |

My Watchlist AnalysisAnalyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like | Go | |

Performance AnalysisCheck effects of mean-variance optimization against your current asset allocation | Go | |

CEO DirectoryScreen CEOs from public companies around the world | Go | |

Efficient FrontierPlot and analyze your portfolio and positions against risk-return landscape of the market. | Go | |

Watchlist OptimizationOptimize watchlists to build efficient portfolio or rebalance existing positions based on mean-variance optimization algorithm | Go | |

Transaction HistoryView history of all your transactions and understand their impact on performance | Go |

The market value of Bancfirst Corp is measured differently than its book value, which is the value of Bancfirst that is recorded on the company's balance sheet. Investors also form their own opinion of Bancfirst Corp's value that differs from its market value or its book value, called intrinsic value, which is Bancfirst Corp's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Bancfirst Corp's market value can be influenced by many factors that don't directly affect Bancfirst Corp's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.

Please note, there is a significant difference between Bancfirst Corp's value and its price as these two are different measures arrived at by different means. Investors typically determine Bancfirst Corp value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Bancfirst Corp's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.