Exxon (Mexico) Market Value
| XOM Stock | MXN 2,338 41.00 1.78% |
| Symbol | Exxon |
Exxon '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 Exxon'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 Exxon.
| 07/24/2024 |
| 01/20/2025 |
If you would invest 0.00 in Exxon on July 24, 2024 and sell it all today you would earn a total of 0.00 from holding Exxon Mobil or generate 0.0% return on investment in Exxon over 180 days. Exxon is related to or competes with DXC Technology, Capital One, Micron Technology, Lloyds Banking, McEwen Mining, and United States. Exxon Mobil Corporation explores for and produces crude oil and natural gas in the United States and internationally More
Exxon 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 Exxon'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 Exxon Mobil upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.03) | |||
| Maximum Drawdown | 6.64 | |||
| Value At Risk | (2.80) | |||
| Potential Upside | 2.76 |
Exxon Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Exxon's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Exxon's standard deviation. In reality, there are many statistical measures that can use Exxon historical prices to predict the future Exxon's volatility.| Risk Adjusted Performance | (0) | |||
| Jensen Alpha | (0.03) | |||
| Total Risk Alpha | (0.06) | |||
| Treynor Ratio | (0.13) |
Exxon Mobil Backtested Returns
Exxon Mobil secures Sharpe Ratio (or Efficiency) of close to zero, which denotes the company had a close to zero % return per unit of risk over the last 3 months. Exxon Mobil exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Exxon's Variance of 2.27, mean deviation of 1.14, and Standard Deviation of 1.51 to check the risk estimate we provide. The firm shows a Beta (market volatility) of 0.2, which means not very significant fluctuations relative to the market. As returns on the market increase, Exxon's returns are expected to increase less than the market. However, during the bear market, the loss of holding Exxon is expected to be smaller as well. At this point, Exxon Mobil has a negative expected return of -0.0085%. Please make sure to confirm Exxon's potential upside, day median price, and the relationship between the treynor ratio and accumulation distribution , to decide if Exxon Mobil performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.25 |
Weak reverse predictability
Exxon Mobil has weak reverse predictability. Overlapping area represents the amount of predictability between Exxon time series from 24th of July 2024 to 22nd of October 2024 and 22nd of October 2024 to 20th 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 Exxon Mobil price movement. The serial correlation of -0.25 indicates that over 25.0% of current Exxon price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.25 | |
| Spearman Rank Test | -0.43 | |
| Residual Average | 0.0 | |
| Price Variance | 10.9 K |
Exxon Mobil lagged returns against current returns
Autocorrelation, which is Exxon 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 Exxon's stock expected returns. We can calculate the autocorrelation of Exxon returns to help us make a trade decision. For example, suppose you find that Exxon 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 |
Exxon 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 Exxon stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Exxon stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Exxon stock over time.
Current vs Lagged Prices |
| Timeline |
Exxon Lagged Returns
When evaluating Exxon's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Exxon stock have on its future price. Exxon 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, Exxon autocorrelation shows the relationship between Exxon stock current value and its past values and can show if there is a momentum factor associated with investing in Exxon Mobil.
Regressed Prices |
| Timeline |
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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.Additional Tools for Exxon Stock Analysis
When running Exxon's price analysis, check to measure Exxon's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Exxon is operating at the current time. Most of Exxon's value examination focuses on studying past and present price action to predict the probability of Exxon's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Exxon's price. Additionally, you may evaluate how the addition of Exxon to your portfolios can decrease your overall portfolio volatility.