Athabasca Oil Corp Stock Market Value
| ATHOF Stock | USD 3.50 0.08 2.34% |
| Symbol | Athabasca |
Athabasca Oil '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 Athabasca Oil's pink sheet 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 Athabasca Oil.
| 12/17/2024 |
| 03/17/2025 |
If you would invest 0.00 in Athabasca Oil on December 17, 2024 and sell it all today you would earn a total of 0.00 from holding Athabasca Oil Corp or generate 0.0% return on investment in Athabasca Oil over 90 days. Athabasca Oil is related to or competes with Pine Cliff, Cardinal Energy, Tamarack Valley, Saturn Oil, Headwater Exploration, Whitecap Resources, and Birchcliff Energy. Athabasca Oil Corporation engages in the exploration, development, and production of light and thermal oil resource play... More
Athabasca Oil 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 Athabasca Oil's pink sheet 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 Athabasca Oil Corp upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.54 | |||
| Information Ratio | 0.0567 | |||
| Maximum Drawdown | 10.96 | |||
| Value At Risk | (3.95) | |||
| Potential Upside | 4.47 |
Athabasca Oil Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Athabasca Oil's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Athabasca Oil's standard deviation. In reality, there are many statistical measures that can use Athabasca Oil historical prices to predict the future Athabasca Oil's volatility.| Risk Adjusted Performance | 0.0199 | |||
| Jensen Alpha | 0.097 | |||
| Total Risk Alpha | 0.3285 | |||
| Sortino Ratio | 0.0536 | |||
| Treynor Ratio | 0.0426 |
Athabasca Oil Corp Backtested Returns
At this point, Athabasca Oil is moderately volatile. Athabasca Oil Corp secures Sharpe Ratio (or Efficiency) of 0.0238, which signifies that the company had a 0.0238 % return per unit of standard deviation over the last 3 months. We have found thirty technical indicators for Athabasca Oil Corp, which you can use to evaluate the volatility of the firm. Please confirm Athabasca Oil's mean deviation of 1.87, and Risk Adjusted Performance of 0.0199 to double-check if the risk estimate we provide is consistent with the expected return of 0.0584%. Athabasca Oil has a performance score of 1 on a scale of 0 to 100. The firm shows a Beta (market volatility) of 0.64, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, Athabasca Oil's returns are expected to increase less than the market. However, during the bear market, the loss of holding Athabasca Oil is expected to be smaller as well. Athabasca Oil Corp right now shows a risk of 2.45%. Please confirm Athabasca Oil Corp downside variance, day median price, and the relationship between the treynor ratio and kurtosis , to decide if Athabasca Oil Corp will be following its price patterns.
Auto-correlation | -0.12 |
Insignificant reverse predictability
Athabasca Oil Corp has insignificant reverse predictability. Overlapping area represents the amount of predictability between Athabasca Oil 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 Athabasca Oil Corp price movement. The serial correlation of -0.12 indicates that less than 12.0% of current Athabasca Oil price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.12 | |
| Spearman Rank Test | -0.06 | |
| Residual Average | 0.0 | |
| Price Variance | 0.02 |
Athabasca Oil Corp lagged returns against current returns
Autocorrelation, which is Athabasca Oil pink sheet'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 Athabasca Oil's pink sheet expected returns. We can calculate the autocorrelation of Athabasca Oil returns to help us make a trade decision. For example, suppose you find that Athabasca Oil has exhibited high autocorrelation historically, and you observe that the pink sheet 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 |
Athabasca Oil 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 Athabasca Oil pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Athabasca Oil pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Athabasca Oil pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Athabasca Oil Lagged Returns
When evaluating Athabasca Oil's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Athabasca Oil pink sheet have on its future price. Athabasca Oil 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, Athabasca Oil autocorrelation shows the relationship between Athabasca Oil pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Athabasca Oil Corp.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Athabasca Pink Sheet
Athabasca Oil financial ratios help investors to determine whether Athabasca Pink Sheet 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 Athabasca with respect to the benefits of owning Athabasca Oil security.