Oriental Petroleum (Philippines) Market Value
| OPM Stock | 0.01 0.0005 7.14% |
| Symbol | Oriental |
Oriental 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 Oriental 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 Oriental Petroleum.
| 12/22/2024 |
| 01/21/2025 |
If you would invest 0.00 in Oriental Petroleum on December 22, 2024 and sell it all today you would earn a total of 0.00 from holding Oriental Petroleum and or generate 0.0% return on investment in Oriental Petroleum over 30 days. Oriental Petroleum is related to or competes with Basic Energy, Allhome Corp, Jollibee Foods, Monde Nissin, and Benguet Corp. More
Oriental 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 Oriental 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 Oriental Petroleum and upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 4.48 | |||
| Information Ratio | 0.0275 | |||
| Maximum Drawdown | 16.13 | |||
| Value At Risk | (6.98) | |||
| Potential Upside | 7.14 |
Oriental Petroleum Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Oriental Petroleum's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Oriental Petroleum's standard deviation. In reality, there are many statistical measures that can use Oriental Petroleum historical prices to predict the future Oriental Petroleum's volatility.| Risk Adjusted Performance | 0.0372 | |||
| Jensen Alpha | 0.1232 | |||
| Total Risk Alpha | 0.0351 | |||
| Sortino Ratio | 0.0241 | |||
| Treynor Ratio | 0.5509 |
Oriental Petroleum and Backtested Returns
Oriental Petroleum and maintains Sharpe Ratio (i.e., Efficiency) of -0.0349, which implies the firm had a -0.0349 % return per unit of risk over the last 3 months. Oriental Petroleum and exposes twenty-nine different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Oriental Petroleum's Coefficient Of Variation of 2853.4, risk adjusted performance of 0.0372, and Semi Deviation of 3.37 to confirm the risk estimate we provide. The company holds a Beta of 0.23, which implies not very significant fluctuations relative to the market. As returns on the market increase, Oriental Petroleum's returns are expected to increase less than the market. However, during the bear market, the loss of holding Oriental Petroleum is expected to be smaller as well. At this point, Oriental Petroleum and has a negative expected return of -0.14%. Please make sure to check Oriental Petroleum's jensen alpha, potential upside, accumulation distribution, as well as the relationship between the treynor ratio and expected short fall , to decide if Oriental Petroleum and performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.48 |
Average predictability
Oriental Petroleum and has average predictability. Overlapping area represents the amount of predictability between Oriental Petroleum time series from 22nd of December 2024 to 6th of January 2025 and 6th of January 2025 to 21st of January 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 Oriental Petroleum and price movement. The serial correlation of 0.48 indicates that about 48.0% of current Oriental Petroleum price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.48 | |
| Spearman Rank Test | 0.3 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Oriental Petroleum and lagged returns against current returns
Autocorrelation, which is Oriental 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 Oriental Petroleum's stock expected returns. We can calculate the autocorrelation of Oriental Petroleum returns to help us make a trade decision. For example, suppose you find that Oriental 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 |
Oriental 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 Oriental Petroleum stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Oriental Petroleum stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Oriental Petroleum stock over time.
Current vs Lagged Prices |
| Timeline |
Oriental Petroleum Lagged Returns
When evaluating Oriental Petroleum's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Oriental Petroleum stock have on its future price. Oriental 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, Oriental Petroleum autocorrelation shows the relationship between Oriental Petroleum stock current value and its past values and can show if there is a momentum factor associated with investing in Oriental Petroleum and.
Regressed Prices |
| Timeline |
Also Currently Popular
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.Other Information on Investing in Oriental Stock
Oriental Petroleum financial ratios help investors to determine whether Oriental Stock 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 Oriental with respect to the benefits of owning Oriental Petroleum security.