Alvopetro Energy Stock Market Value
| ALVOF Stock | USD 3.20 0.02 0.63% |
| Symbol | Alvopetro |
Alvopetro Energy 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Alvopetro Energy's otc stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Alvopetro Energy.
| 12/17/2024 |
| 03/17/2025 |
If you would invest 0.00 in Alvopetro Energy on December 17, 2024 and sell it all today you would earn a total of 0.00 from holding Alvopetro Energy or generate 0.0% return on investment in Alvopetro Energy over 90 days. Alvopetro Energy is related to or competes with Barrister Energy, NuVista Energy, Parex Resources, Altura Energy, Arrow Exploration, PetroTal Corp, and Gulf Keystone. Alvopetro Energy Ltd. engages in the acquisition, exploration, development, and production of hydrocarbons More
Alvopetro Energy Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Alvopetro Energy's otc stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Alvopetro Energy upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.02) | |||
| Maximum Drawdown | 8.58 | |||
| Value At Risk | (2.14) | |||
| Potential Upside | 3.36 |
Alvopetro Energy Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Alvopetro Energy's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Alvopetro Energy's standard deviation. In reality, there are many statistical measures that can use Alvopetro Energy historical prices to predict the future Alvopetro Energy's volatility.| Risk Adjusted Performance | (0.07) | |||
| Jensen Alpha | (0.11) | |||
| Total Risk Alpha | 0.0576 | |||
| Treynor Ratio | (0.52) |
Alvopetro Energy Backtested Returns
Alvopetro Energy secures Sharpe Ratio (or Efficiency) of -0.0931, which signifies that the company had a -0.0931 % return per unit of risk over the last 3 months. Alvopetro Energy exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Alvopetro Energy's Standard Deviation of 1.56, risk adjusted performance of (0.07), and Mean Deviation of 1.13 to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of 0.27, which signifies not very significant fluctuations relative to the market. As returns on the market increase, Alvopetro Energy's returns are expected to increase less than the market. However, during the bear market, the loss of holding Alvopetro Energy is expected to be smaller as well. At this point, Alvopetro Energy has a negative expected return of -0.13%. Please make sure to confirm Alvopetro Energy's skewness, as well as the relationship between the rate of daily change and price action indicator , to decide if Alvopetro Energy performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.03 |
Very weak reverse predictability
Alvopetro Energy has very weak reverse predictability. Overlapping area represents the amount of predictability between Alvopetro Energy time series from 17th of December 2024 to 31st of January 2025 and 31st of January 2025 to 17th of March 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Alvopetro Energy price movement. The serial correlation of -0.03 indicates that only 3.0% of current Alvopetro Energy price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.03 | |
| Spearman Rank Test | -0.22 | |
| Residual Average | 0.0 | |
| Price Variance | 0.02 |
Alvopetro Energy lagged returns against current returns
Autocorrelation, which is Alvopetro Energy otc stock's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Alvopetro Energy's otc stock expected returns. We can calculate the autocorrelation of Alvopetro Energy returns to help us make a trade decision. For example, suppose you find that Alvopetro Energy has exhibited high autocorrelation historically, and you observe that the otc stock is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
Alvopetro Energy regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Alvopetro Energy otc stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Alvopetro Energy otc stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Alvopetro Energy otc stock over time.
Current vs Lagged Prices |
| Timeline |
Alvopetro Energy Lagged Returns
When evaluating Alvopetro Energy's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Alvopetro Energy otc stock have on its future price. Alvopetro Energy autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Alvopetro Energy autocorrelation shows the relationship between Alvopetro Energy otc stock current value and its past values and can show if there is a momentum factor associated with investing in Alvopetro Energy.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Alvopetro OTC Stock
Alvopetro Energy financial ratios help investors to determine whether Alvopetro OTC Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Alvopetro with respect to the benefits of owning Alvopetro Energy security.