Evolution Petroleum (Germany) Market Value
| EP7 Stock | EUR 4.52 0.10 2.16% |
| Symbol | Evolution |
Evolution Petroleum '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 Evolution Petroleum's 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 Evolution Petroleum.
| 12/13/2024 |
| 03/13/2025 |
If you would invest 0.00 in Evolution Petroleum on December 13, 2024 and sell it all today you would earn a total of 0.00 from holding Evolution Petroleum or generate 0.0% return on investment in Evolution Petroleum over 90 days. Evolution Petroleum is related to or competes with Mobilezone Holding, Hellenic Telecommunicatio, T-Mobile, and AGNC INVESTMENT. Evolution Petroleum Corporation, an oil and gas company, engages in the development, production, ownership, and manageme... More
Evolution Petroleum 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 Evolution Petroleum's 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 Evolution Petroleum upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.06) | |||
| Maximum Drawdown | 9.37 | |||
| Value At Risk | (2.91) | |||
| Potential Upside | 3.13 |
Evolution Petroleum Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Evolution Petroleum's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Evolution Petroleum's standard deviation. In reality, there are many statistical measures that can use Evolution Petroleum historical prices to predict the future Evolution Petroleum's volatility.| Risk Adjusted Performance | (0.09) | |||
| Jensen Alpha | (0.23) | |||
| Total Risk Alpha | 0.0505 | |||
| Treynor Ratio | (3.57) |
Evolution Petroleum Backtested Returns
Evolution Petroleum secures Sharpe Ratio (or Efficiency) of -0.12, which denotes the company had a -0.12 % return per unit of risk over the last 3 months. Evolution Petroleum exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Evolution Petroleum's Standard Deviation of 1.91, mean deviation of 1.41, and Variance of 3.67 to check the risk estimate we provide. The firm shows a Beta (market volatility) of 0.0676, which means not very significant fluctuations relative to the market. As returns on the market increase, Evolution Petroleum's returns are expected to increase less than the market. However, during the bear market, the loss of holding Evolution Petroleum is expected to be smaller as well. At this point, Evolution Petroleum has a negative expected return of -0.23%. Please make sure to confirm Evolution Petroleum's information ratio, total risk alpha, potential upside, as well as the relationship between the jensen alpha and treynor ratio , to decide if Evolution Petroleum performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.62 |
Very good reverse predictability
Evolution Petroleum has very good reverse predictability. Overlapping area represents the amount of predictability between Evolution Petroleum time series from 13th of December 2024 to 27th of January 2025 and 27th of January 2025 to 13th 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 Evolution Petroleum price movement. The serial correlation of -0.62 indicates that roughly 62.0% of current Evolution Petroleum price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.62 | |
| Spearman Rank Test | -0.7 | |
| Residual Average | 0.0 | |
| Price Variance | 0.03 |
Evolution Petroleum lagged returns against current returns
Autocorrelation, which is Evolution Petroleum 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 Evolution Petroleum's stock expected returns. We can calculate the autocorrelation of Evolution Petroleum returns to help us make a trade decision. For example, suppose you find that Evolution Petroleum has exhibited high autocorrelation historically, and you observe that the 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 |
Evolution Petroleum 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 Evolution Petroleum stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Evolution Petroleum stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Evolution Petroleum stock over time.
Current vs Lagged Prices |
| Timeline |
Evolution Petroleum Lagged Returns
When evaluating Evolution Petroleum's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Evolution Petroleum stock have on its future price. Evolution Petroleum 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, Evolution Petroleum autocorrelation shows the relationship between Evolution Petroleum stock current value and its past values and can show if there is a momentum factor associated with investing in Evolution Petroleum.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Additional Information and Resources on Investing in Evolution Stock
When determining whether Evolution Petroleum is a strong investment it is important to analyze Evolution Petroleum's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Evolution Petroleum's future performance. For an informed investment choice regarding Evolution Stock, refer to the following important reports:Check out Evolution Petroleum Correlation, Evolution Petroleum Volatility and Evolution Petroleum Alpha and Beta module to complement your research on Evolution Petroleum. For more detail on how to invest in Evolution Stock please use our How to Invest in Evolution Petroleum guide.You can also try the Options Analysis module to analyze and evaluate options and option chains as a potential hedge for your portfolios.
Evolution Petroleum technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.