Bp Prudhoe Bay Stock Market Value
| BPT Stock | USD 1.04 0.01 0.95% |
| Symbol | BPT |
BP Prudhoe Bay Price To Book Ratio
Is Oil & Gas Exploration & Production space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of BP Prudhoe. If investors know BPT will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about BP Prudhoe listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.49) | Earnings Share (0.06) | Revenue Per Share 0.016 | Quarterly Revenue Growth (0.99) | Return On Assets (0.12) |
The market value of BP Prudhoe Bay is measured differently than its book value, which is the value of BPT that is recorded on the company's balance sheet. Investors also form their own opinion of BP Prudhoe's value that differs from its market value or its book value, called intrinsic value, which is BP Prudhoe's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because BP Prudhoe's market value can be influenced by many factors that don't directly affect BP Prudhoe's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between BP Prudhoe's value and its price as these two are different measures arrived at by different means. Investors typically determine if BP Prudhoe is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, BP Prudhoe'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.
BP Prudhoe '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 BP Prudhoe'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 BP Prudhoe.
| 10/30/2024 |
| 11/29/2024 |
If you would invest 0.00 in BP Prudhoe on October 30, 2024 and sell it all today you would earn a total of 0.00 from holding BP Prudhoe Bay or generate 0.0% return on investment in BP Prudhoe over 30 days. BP Prudhoe is related to or competes with Viper Energy, FLEX LNG, Hess Midstream, Frontline, Torm PLC, Navigator Holdings, and Teekay Tankers. BP Prudhoe Bay Royalty Trust operates as a grantor trust in the United States More
BP Prudhoe 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 BP Prudhoe'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 BP Prudhoe Bay upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.14) | |||
| Maximum Drawdown | 28.87 | |||
| Value At Risk | (8.03) | |||
| Potential Upside | 6.67 |
BP Prudhoe Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for BP Prudhoe's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as BP Prudhoe's standard deviation. In reality, there are many statistical measures that can use BP Prudhoe historical prices to predict the future BP Prudhoe's volatility.| Risk Adjusted Performance | (0.08) | |||
| Jensen Alpha | (0.64) | |||
| Total Risk Alpha | (1.28) | |||
| Treynor Ratio | (0.68) |
BP Prudhoe Bay Backtested Returns
BP Prudhoe Bay retains Efficiency (Sharpe Ratio) of -0.0982, which signifies that the company had a -0.0982% return per unit of price deviation over the last 3 months. BP Prudhoe exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm BP Prudhoe's Market Risk Adjusted Performance of (0.67), variance of 23.71, and Information Ratio of (0.14) to double-check the risk estimate we provide. The firm owns a Beta (Systematic Risk) of 0.8, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, BP Prudhoe's returns are expected to increase less than the market. However, during the bear market, the loss of holding BP Prudhoe is expected to be smaller as well. At this point, BP Prudhoe Bay has a negative expected return of -0.48%. Please make sure to confirm BP Prudhoe's rate of daily change, relative strength index, as well as the relationship between the potential upside and jensen alpha , to decide if BP Prudhoe Bay performance from the past will be repeated sooner or later.
Auto-correlation | -0.64 |
Very good reverse predictability
BP Prudhoe Bay has very good reverse predictability. Overlapping area represents the amount of predictability between BP Prudhoe time series from 30th of October 2024 to 14th of November 2024 and 14th of November 2024 to 29th of November 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of BP Prudhoe Bay price movement. The serial correlation of -0.64 indicates that roughly 64.0% of current BP Prudhoe price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.64 | |
| Spearman Rank Test | -0.81 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
BP Prudhoe Bay lagged returns against current returns
Autocorrelation, which is BP Prudhoe 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 BP Prudhoe's stock expected returns. We can calculate the autocorrelation of BP Prudhoe returns to help us make a trade decision. For example, suppose you find that BP Prudhoe 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 |
BP Prudhoe 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 BP Prudhoe stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if BP Prudhoe stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in BP Prudhoe stock over time.
Current vs Lagged Prices |
| Timeline |
BP Prudhoe Lagged Returns
When evaluating BP Prudhoe's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of BP Prudhoe stock have on its future price. BP Prudhoe 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, BP Prudhoe autocorrelation shows the relationship between BP Prudhoe stock current value and its past values and can show if there is a momentum factor associated with investing in BP Prudhoe Bay.
Regressed Prices |
| Timeline |
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Additional Tools for BPT Stock Analysis
When running BP Prudhoe's price analysis, check to measure BP Prudhoe'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 BP Prudhoe is operating at the current time. Most of BP Prudhoe's value examination focuses on studying past and present price action to predict the probability of BP Prudhoe's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move BP Prudhoe's price. Additionally, you may evaluate how the addition of BP Prudhoe to your portfolios can decrease your overall portfolio volatility.