World Oil Group Stock Market Value
| MONI Stock | USD 0.01 0.0009 11.84% |
| Symbol | World |
World 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 World 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 World Oil.
| 01/01/2025 |
| 03/02/2025 |
If you would invest 0.00 in World Oil on January 1, 2025 and sell it all today you would earn a total of 0.00 from holding World Oil Group or generate 0.0% return on investment in World Oil over 60 days. World Oil is related to or competes with Mitsubishi UFJ, Constellation Brands, Primo Brands, PepsiCo, U Haul, and Willscot Mobile. Moon Equity Holdings Corp. engages in Fintech-crypto-gold business in the United States More
World 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 World 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 World Oil Group upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.08) | |||
| Maximum Drawdown | 47.19 | |||
| Value At Risk | (15.54) | |||
| Potential Upside | 16.28 |
World Oil Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for World Oil's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as World Oil's standard deviation. In reality, there are many statistical measures that can use World Oil historical prices to predict the future World Oil's volatility.| Risk Adjusted Performance | (0.05) | |||
| Jensen Alpha | (0.75) | |||
| Total Risk Alpha | (0.53) | |||
| Treynor Ratio | (0.23) |
World Oil Group Backtested Returns
World Oil Group shows Sharpe Ratio of -0.082, which attests that the company had a -0.082 % return per unit of risk over the last 3 months. World Oil Group exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out World Oil's Standard Deviation of 9.68, market risk adjusted performance of (0.22), and Mean Deviation of 7.66 to validate the risk estimate we provide. The firm maintains a market beta of 3.6, which attests to a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, World Oil will likely underperform. At this point, World Oil Group has a negative expected return of -0.79%. Please make sure to check out World Oil's treynor ratio, kurtosis, as well as the relationship between the Kurtosis and day typical price , to decide if World Oil Group performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.22 |
Weak predictability
World Oil Group has weak predictability. Overlapping area represents the amount of predictability between World Oil time series from 1st of January 2025 to 31st of January 2025 and 31st of January 2025 to 2nd 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 World Oil Group price movement. The serial correlation of 0.22 indicates that over 22.0% of current World Oil price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.22 | |
| Spearman Rank Test | 0.12 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
World Oil Group lagged returns against current returns
Autocorrelation, which is World 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 World Oil's pink sheet expected returns. We can calculate the autocorrelation of World Oil returns to help us make a trade decision. For example, suppose you find that World 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 |
World 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 World Oil pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if World 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 World Oil pink sheet over time.
Current vs Lagged Prices |
| Timeline |
World Oil Lagged Returns
When evaluating World Oil's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of World Oil pink sheet have on its future price. World 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, World Oil autocorrelation shows the relationship between World Oil pink sheet current value and its past values and can show if there is a momentum factor associated with investing in World Oil Group.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in World Pink Sheet
World Oil financial ratios help investors to determine whether World 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 World with respect to the benefits of owning World Oil security.