Expand Energy Stock Market Value
| EXEEW Stock | 93.08 0.00 0.00% |
| Symbol | Expand |
Is Petroleum and Natural Gas space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Expand Energy. If investors know Expand will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Expand Energy listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Expand Energy is measured differently than its book value, which is the value of Expand that is recorded on the company's balance sheet. Investors also form their own opinion of Expand Energy's value that differs from its market value or its book value, called intrinsic value, which is Expand Energy'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 Expand Energy's market value can be influenced by many factors that don't directly affect Expand Energy'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 Expand Energy's value and its price as these two are different measures arrived at by different means. Investors typically determine if Expand Energy is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Expand Energy'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.
Expand 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 Expand Energy'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 Expand Energy.
| 09/19/2024 |
| 12/18/2024 |
If you would invest 0.00 in Expand Energy on September 19, 2024 and sell it all today you would earn a total of 0.00 from holding Expand Energy or generate 0.0% return on investment in Expand Energy over 90 days. Expand Energy is related to or competes with Antero Resources, Empire Petroleum, Permian Resources, SandRidge Energy, SM Energy, Dorchester Minerals, and Vista Oil. Expand Energy is entity of United States More
Expand 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 Expand Energy'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 Expand Energy upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | 0.2507 | |||
| Maximum Drawdown | 13.75 | |||
| Value At Risk | (0.45) | |||
| Potential Upside | 5.78 |
Expand Energy Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Expand Energy's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Expand Energy's standard deviation. In reality, there are many statistical measures that can use Expand Energy historical prices to predict the future Expand Energy's volatility.| Risk Adjusted Performance | 0.2089 | |||
| Jensen Alpha | 0.6572 | |||
| Total Risk Alpha | 0.4737 | |||
| Treynor Ratio | 3.83 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Expand Energy's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Expand Energy Backtested Returns
Expand Energy appears to be very steady, given 3 months investment horizon. Expand Energy secures Sharpe Ratio (or Efficiency) of 0.26, which denotes the company had a 0.26% return per unit of risk over the last 3 months. By reviewing Expand Energy's technical indicators, you can evaluate if the expected return of 0.63% is justified by implied risk. Please utilize Expand Energy's Mean Deviation of 1.29, standard deviation of 2.43, and Variance of 5.91 to check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Expand Energy holds a performance score of 20. The firm shows a Beta (market volatility) of 0.17, which means not very significant fluctuations relative to the market. As returns on the market increase, Expand Energy's returns are expected to increase less than the market. However, during the bear market, the loss of holding Expand Energy is expected to be smaller as well. Please check Expand Energy's information ratio and skewness , to make a quick decision on whether Expand Energy's price patterns will revert.
Auto-correlation | 0.90 |
Excellent predictability
Expand Energy has excellent predictability. Overlapping area represents the amount of predictability between Expand Energy time series from 19th of September 2024 to 3rd of November 2024 and 3rd of November 2024 to 18th of December 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Expand Energy price movement. The serial correlation of 0.9 indicates that approximately 90.0% of current Expand Energy price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.9 | |
| Spearman Rank Test | 0.66 | |
| Residual Average | 0.0 | |
| Price Variance | 22.58 |
Expand Energy lagged returns against current returns
Autocorrelation, which is Expand Energy 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 Expand Energy's stock expected returns. We can calculate the autocorrelation of Expand Energy returns to help us make a trade decision. For example, suppose you find that Expand Energy 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 |
Expand 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 Expand Energy stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Expand Energy stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Expand Energy stock over time.
Current vs Lagged Prices |
| Timeline |
Expand Energy Lagged Returns
When evaluating Expand Energy's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Expand Energy stock have on its future price. Expand 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, Expand Energy autocorrelation shows the relationship between Expand Energy stock current value and its past values and can show if there is a momentum factor associated with investing in Expand Energy.
Regressed Prices |
| Timeline |
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Additional Tools for Expand Stock Analysis
When running Expand Energy's price analysis, check to measure Expand Energy'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 Expand Energy is operating at the current time. Most of Expand Energy's value examination focuses on studying past and present price action to predict the probability of Expand Energy's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Expand Energy's price. Additionally, you may evaluate how the addition of Expand Energy to your portfolios can decrease your overall portfolio volatility.