China Petroleum Chemical Stock Market Value

SNPMF Stock  USD 0.54  0.01  1.82%   
China Petroleum's market value is the price at which a share of China Petroleum trades on a public exchange. It measures the collective expectations of China Petroleum Chemical investors about its performance. China Petroleum is trading at 0.54 as of the 15th of March 2025. This is a 1.82 percent decrease since the beginning of the trading day. The stock's lowest day price was 0.54.
With this module, you can estimate the performance of a buy and hold strategy of China Petroleum Chemical and determine expected loss or profit from investing in China Petroleum over a given investment horizon. Check out China Petroleum Correlation, China Petroleum Volatility and China Petroleum Alpha and Beta module to complement your research on China Petroleum.
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Please note, there is a significant difference between China Petroleum's value and its price as these two are different measures arrived at by different means. Investors typically determine if China Petroleum is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, China Petroleum'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.

China 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 China Petroleum'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 China Petroleum.
0.00
12/15/2024
No Change 0.00  0.0 
In 3 months and 1 day
03/15/2025
0.00
If you would invest  0.00  in China Petroleum on December 15, 2024 and sell it all today you would earn a total of 0.00 from holding China Petroleum Chemical or generate 0.0% return on investment in China Petroleum over 90 days. China Petroleum is related to or competes with BP Plc, Shell PLC, Origin Energy, Equinor ASA, TotalEnergies, Galp Energa, and Exxon. China Petroleum Chemical Corporation, an energy and chemical company, engages in the oil and gas and chemical operations... More

China 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 China Petroleum'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 China Petroleum Chemical upside and downside potential and time the market with a certain degree of confidence.

China Petroleum Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for China Petroleum's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as China Petroleum's standard deviation. In reality, there are many statistical measures that can use China Petroleum historical prices to predict the future China Petroleum's volatility.
Hype
Prediction
LowEstimatedHigh
0.030.543.99
Details
Intrinsic
Valuation
LowRealHigh
0.020.463.91
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China Petroleum Chemical Backtested Returns

At this point, China Petroleum is abnormally volatile. China Petroleum Chemical secures Sharpe Ratio (or Efficiency) of close to zero, which signifies that the company had a close to zero % return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for China Petroleum Chemical, which you can use to evaluate the volatility of the firm. Please confirm China Petroleum's Risk Adjusted Performance of 0.0501, mean deviation of 2.74, and Downside Deviation of 4.62 to double-check if the risk estimate we provide is consistent with the expected return of 0.0264%. The firm shows a Beta (market volatility) of 0.28, which signifies not very significant fluctuations relative to the market. As returns on the market increase, China Petroleum's returns are expected to increase less than the market. However, during the bear market, the loss of holding China Petroleum is expected to be smaller as well. China Petroleum Chemical right now shows a risk of 3.42%. Please confirm China Petroleum Chemical sortino ratio and the relationship between the potential upside and day median price , to decide if China Petroleum Chemical will be following its price patterns.

Auto-correlation

    
  0.19  

Very weak predictability

China Petroleum Chemical has very weak predictability. Overlapping area represents the amount of predictability between China Petroleum time series from 15th of December 2024 to 29th of January 2025 and 29th of January 2025 to 15th 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 China Petroleum Chemical price movement. The serial correlation of 0.19 indicates that over 19.0% of current China Petroleum price fluctuation can be explain by its past prices.
Correlation Coefficient0.19
Spearman Rank Test-0.09
Residual Average0.0
Price Variance0.0

China Petroleum Chemical lagged returns against current returns

Autocorrelation, which is China Petroleum 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 China Petroleum's pink sheet expected returns. We can calculate the autocorrelation of China Petroleum returns to help us make a trade decision. For example, suppose you find that China Petroleum 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  

China 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 China Petroleum pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if China Petroleum pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in China Petroleum pink sheet over time.
   Current vs Lagged Prices   
       Timeline  

China Petroleum Lagged Returns

When evaluating China Petroleum's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of China Petroleum pink sheet have on its future price. China 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, China Petroleum autocorrelation shows the relationship between China Petroleum pink sheet current value and its past values and can show if there is a momentum factor associated with investing in China Petroleum Chemical.
   Regressed Prices   
       Timeline  

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Other Information on Investing in China Pink Sheet

China Petroleum financial ratios help investors to determine whether China 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 China with respect to the benefits of owning China Petroleum security.