Exxon Mobil Cdr Stock Market Value
| XOM Stock | 20.84 0.66 3.27% |
| 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.
| 12/16/2024 |
| 03/16/2025 |
If you would invest 0.00 in Exxon on December 16, 2024 and sell it all today you would earn a total of 0.00 from holding EXXON MOBIL CDR or generate 0.0% return on investment in Exxon over 90 days. Exxon is related to or competes with Canaf Investments, Leons Furniture, CNJ Capital, Dream Office, and Diversified Royalty. 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 CDR upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.99 | |||
| Information Ratio | 0.0962 | |||
| Maximum Drawdown | 9.49 | |||
| Value At Risk | (2.71) | |||
| Potential Upside | 2.47 |
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 | 0.0408 | |||
| Jensen Alpha | 0.066 | |||
| Total Risk Alpha | 0.2879 | |||
| Sortino Ratio | 0.0865 | |||
| Treynor Ratio | 2.64 |
EXXON MOBIL CDR Backtested Returns
As of now, Exxon Stock is not too volatile. EXXON MOBIL CDR secures Sharpe Ratio (or Efficiency) of 0.0409, which denotes the company had a 0.0409 % return per unit of volatility over the last 3 months. We have found twenty-nine technical indicators for EXXON MOBIL CDR, which you can use to evaluate the volatility of the firm. Please confirm Exxon's Downside Deviation of 1.99, market risk adjusted performance of 2.65, and Mean Deviation of 1.22 to check if the risk estimate we provide is consistent with the expected return of 0.0733%. Exxon has a performance score of 3 on a scale of 0 to 100. The firm shows a Beta (market volatility) of 0.024, 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. EXXON MOBIL CDR presently shows a risk of 1.79%. Please confirm EXXON MOBIL CDR downside variance, daily balance of power, period momentum indicator, as well as the relationship between the skewness and day typical price , to decide if EXXON MOBIL CDR will be following its price patterns.
Auto-correlation | 0.14 |
Insignificant predictability
EXXON MOBIL CDR has insignificant predictability. Overlapping area represents the amount of predictability between Exxon time series from 16th of December 2024 to 30th of January 2025 and 30th of January 2025 to 16th 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 EXXON MOBIL CDR price movement. The serial correlation of 0.14 indicates that less than 14.0% of current Exxon price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.14 | |
| Spearman Rank Test | 0.24 | |
| Residual Average | 0.0 | |
| Price Variance | 0.14 |
EXXON MOBIL CDR 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 CDR.
Regressed Prices |
| Timeline |
Pair Trading with Exxon
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Exxon position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Exxon will appreciate offsetting losses from the drop in the long position's value.Moving against Exxon Stock
The ability to find closely correlated positions to Exxon could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Exxon when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Exxon - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling EXXON MOBIL CDR to buy it.
The correlation of Exxon is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Exxon moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if EXXON MOBIL CDR moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Exxon can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Other Information on Investing in Exxon Stock
Exxon financial ratios help investors to determine whether Exxon 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 Exxon with respect to the benefits of owning Exxon security.