PXP Energy's market value is the price at which a share of PXP Energy trades on a public exchange. It measures the collective expectations of PXP Energy Corp investors about its performance. PXP Energy is trading at 2.90 as of the 22nd of January 2025, a 1.36% down since the beginning of the trading day. The stock's lowest day price was 2.86. With this module, you can estimate the performance of a buy and hold strategy of PXP Energy Corp and determine expected loss or profit from investing in PXP Energy over a given investment horizon. Check out Your Equity Center to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in american community survey.
Symbol
PXP
PXP 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 PXP 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 PXP Energy.
0.00
01/28/2024
No Change 0.00
0.0
In 11 months and 27 days
01/22/2025
0.00
If you would invest 0.00 in PXP Energy on January 28, 2024 and sell it all today you would earn a total of 0.00 from holding PXP Energy Corp or generate 0.0% return on investment in PXP Energy over 360 days.
PXP 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 PXP 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 PXP Energy Corp upside and downside potential and time the market with a certain degree of confidence.
Today, many novice investors tend to focus exclusively on investment returns with little concern for PXP Energy's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as PXP Energy's standard deviation. In reality, there are many statistical measures that can use PXP Energy historical prices to predict the future PXP Energy's volatility.
PXP Energy Corp maintains Sharpe Ratio (i.e., Efficiency) of -0.0646, which implies the firm had a -0.0646 % return per unit of standard deviation over the last 3 months. PXP Energy Corp exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check PXP Energy's Risk Adjusted Performance of (0.07), coefficient of variation of (1,049), and Market Risk Adjusted Performance of 2.27 to confirm the risk estimate we provide. The company holds a Beta of -0.1, which implies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning PXP Energy are expected to decrease at a much lower rate. During the bear market, PXP Energy is likely to outperform the market. At this point, PXP Energy Corp has a negative expected return of -0.16%. Please make sure to check PXP Energy's skewness, as well as the relationship between the rate of daily change and price action indicator , to decide if PXP Energy Corp performance from the past will be repeated at some future point.
Auto-correlation
0.29
Poor predictability
PXP Energy Corp has poor predictability. Overlapping area represents the amount of predictability between PXP Energy time series from 28th of January 2024 to 26th of July 2024 and 26th of July 2024 to 22nd 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 PXP Energy Corp price movement. The serial correlation of 0.29 indicates that nearly 29.0% of current PXP Energy price fluctuation can be explain by its past prices.
Correlation Coefficient
0.29
Spearman Rank Test
0.42
Residual Average
0.0
Price Variance
0.06
PXP Energy Corp lagged returns against current returns
Autocorrelation, which is PXP 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 PXP Energy's stock expected returns. We can calculate the autocorrelation of PXP Energy returns to help us make a trade decision. For example, suppose you find that PXP 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
PXP 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 PXP Energy stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if PXP Energy stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in PXP Energy stock over time.
Current vs Lagged Prices
Timeline
PXP Energy Lagged Returns
When evaluating PXP Energy's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of PXP Energy stock have on its future price. PXP 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, PXP Energy autocorrelation shows the relationship between PXP Energy stock current value and its past values and can show if there is a momentum factor associated with investing in PXP Energy Corp.
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.