Sinopec Oilfield Service Stock Market Value

YZCFF Stock  USD 0.07  0.00  0.00%   
Sinopec Oilfield's market value is the price at which a share of Sinopec Oilfield trades on a public exchange. It measures the collective expectations of Sinopec Oilfield Service investors about its performance. Sinopec Oilfield is trading at 0.0654 as of the 3rd of March 2025. This is a No Change since the beginning of the trading day. The stock's lowest day price was 0.0654.
With this module, you can estimate the performance of a buy and hold strategy of Sinopec Oilfield Service and determine expected loss or profit from investing in Sinopec Oilfield over a given investment horizon. Check out Sinopec Oilfield Correlation, Sinopec Oilfield Volatility and Sinopec Oilfield Alpha and Beta module to complement your research on Sinopec Oilfield.
Symbol

Please note, there is a significant difference between Sinopec Oilfield's value and its price as these two are different measures arrived at by different means. Investors typically determine if Sinopec Oilfield is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Sinopec Oilfield'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.

Sinopec Oilfield '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 Sinopec Oilfield'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 Sinopec Oilfield.
0.00
02/01/2025
No Change 0.00  0.0 
In 31 days
03/03/2025
0.00
If you would invest  0.00  in Sinopec Oilfield on February 1, 2025 and sell it all today you would earn a total of 0.00 from holding Sinopec Oilfield Service or generate 0.0% return on investment in Sinopec Oilfield over 30 days. Sinopec Oilfield is related to or competes with Seadrill, Noble Plc, and Transocean. Sinopec Oilfield Service Corporation provides petroleum engineering and technology services More

Sinopec Oilfield 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 Sinopec Oilfield'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 Sinopec Oilfield Service upside and downside potential and time the market with a certain degree of confidence.

Sinopec Oilfield Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Sinopec Oilfield's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Sinopec Oilfield's standard deviation. In reality, there are many statistical measures that can use Sinopec Oilfield historical prices to predict the future Sinopec Oilfield's volatility.
Hype
Prediction
LowEstimatedHigh
0.060.070.07
Details
Intrinsic
Valuation
LowRealHigh
0.050.050.07
Details
Naive
Forecast
LowNextHigh
0.070.070.07
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
0.070.070.07
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Sinopec Oilfield. Your research has to be compared to or analyzed against Sinopec Oilfield's peers to derive any actionable benefits. When done correctly, Sinopec Oilfield's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Sinopec Oilfield Service.

Sinopec Oilfield Service Backtested Returns

We have found three technical indicators for Sinopec Oilfield Service, which you can use to evaluate the volatility of the company. The entity has a beta of 0.0, which indicates not very significant fluctuations relative to the market. the returns on MARKET and Sinopec Oilfield are completely uncorrelated.

Auto-correlation

    
  1.00  

Perfect predictability

Sinopec Oilfield Service has perfect predictability. Overlapping area represents the amount of predictability between Sinopec Oilfield time series from 1st of February 2025 to 16th of February 2025 and 16th of February 2025 to 3rd 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 Sinopec Oilfield Service price movement. The serial correlation of 1.0 indicates that 100.0% of current Sinopec Oilfield price fluctuation can be explain by its past prices.
Correlation Coefficient1.0
Spearman Rank Test1.0
Residual Average0.0
Price Variance0.0

Sinopec Oilfield Service lagged returns against current returns

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

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

Sinopec Oilfield Lagged Returns

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

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Other Information on Investing in Sinopec Pink Sheet

Sinopec Oilfield financial ratios help investors to determine whether Sinopec 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 Sinopec with respect to the benefits of owning Sinopec Oilfield security.