Mv Oil Trust Stock Market Value
| MVO Stock | USD 8.74 0.03 0.34% |
| Symbol | MVO |
MV Oil Trust Price To Book Ratio
Is Oil & Gas Exploration & Production 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 MV Oil. If investors know MVO 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 MV Oil listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.134 | Earnings Share 1.59 | Revenue Per Share 1.604 | Quarterly Revenue Growth 0.072 | Return On Assets 1.8876 |
The market value of MV Oil Trust is measured differently than its book value, which is the value of MVO that is recorded on the company's balance sheet. Investors also form their own opinion of MV Oil's value that differs from its market value or its book value, called intrinsic value, which is MV Oil'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 MV Oil's market value can be influenced by many factors that don't directly affect MV Oil'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 MV Oil's value and its price as these two are different measures arrived at by different means. Investors typically determine if MV Oil is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, MV Oil'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.
MV 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 MV Oil'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 MV Oil.
| 10/29/2024 |
| 11/28/2024 |
If you would invest 0.00 in MV Oil on October 29, 2024 and sell it all today you would earn a total of 0.00 from holding MV Oil Trust or generate 0.0% return on investment in MV Oil over 30 days. MV Oil is related to or competes with North European, Permianville Royalty, Cross Timbers, Mesa Royalty, Sabine Royalty, San Juan, and PermRock Royalty. MV Oil Trust acquires and holds net profits interests in the oil and natural gas properties of MV Partners, LLC More
MV 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 MV Oil'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 MV Oil Trust upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.1) | |||
| Maximum Drawdown | 7.24 | |||
| Value At Risk | (2.56) | |||
| Potential Upside | 2.69 |
MV Oil Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for MV Oil's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as MV Oil's standard deviation. In reality, there are many statistical measures that can use MV Oil historical prices to predict the future MV Oil's volatility.| Risk Adjusted Performance | (0.01) | |||
| Jensen Alpha | (0.03) | |||
| Total Risk Alpha | (0.26) | |||
| Treynor Ratio | 0.8652 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of MV Oil'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.
MV Oil Trust Backtested Returns
MV Oil Trust retains Efficiency (Sharpe Ratio) of -0.0157, which conveys that the firm had a -0.0157% return per unit of price deviation over the last 3 months. MV Oil exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify MV Oil's Information Ratio of (0.1), market risk adjusted performance of 0.8752, and Mean Deviation of 1.09 to check out the risk estimate we provide. The company owns a Beta (Systematic Risk) of -0.0384, which conveys not very significant fluctuations relative to the market. As returns on the market increase, returns on owning MV Oil are expected to decrease at a much lower rate. During the bear market, MV Oil is likely to outperform the market. At this point, MV Oil Trust has a negative expected return of -0.0239%. Please make sure to verify MV Oil's treynor ratio, as well as the relationship between the accumulation distribution and price action indicator , to decide if MV Oil Trust performance from the past will be repeated at some future date.
Auto-correlation | -0.63 |
Very good reverse predictability
MV Oil Trust has very good reverse predictability. Overlapping area represents the amount of predictability between MV Oil time series from 29th of October 2024 to 13th of November 2024 and 13th of November 2024 to 28th of November 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 MV Oil Trust price movement. The serial correlation of -0.63 indicates that roughly 63.0% of current MV Oil price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.63 | |
| Spearman Rank Test | 0.18 | |
| Residual Average | 0.0 | |
| Price Variance | 0.03 |
MV Oil Trust lagged returns against current returns
Autocorrelation, which is MV Oil 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 MV Oil's stock expected returns. We can calculate the autocorrelation of MV Oil returns to help us make a trade decision. For example, suppose you find that MV Oil 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 |
MV 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 MV Oil stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if MV Oil stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in MV Oil stock over time.
Current vs Lagged Prices |
| Timeline |
MV Oil Lagged Returns
When evaluating MV Oil's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of MV Oil stock have on its future price. MV 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, MV Oil autocorrelation shows the relationship between MV Oil stock current value and its past values and can show if there is a momentum factor associated with investing in MV Oil Trust.
Regressed Prices |
| Timeline |
When determining whether MV Oil Trust offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of MV Oil's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Mv Oil Trust Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Mv Oil Trust Stock:
Check out MV Oil Correlation, MV Oil Volatility and MV Oil Alpha and Beta module to complement your research on MV Oil. You can also try the Financial Widgets module to easily integrated Macroaxis content with over 30 different plug-and-play financial widgets.
MV Oil 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.