Highpeak Energy Stock Market Value
| HPKEW Stock | USD 4.82 0.57 10.58% |
| Symbol | HighPeak |
HighPeak Energy 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 HighPeak Energy. If investors know HighPeak 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 HighPeak Energy 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 0.267 | Revenue Per Share 9.03 | Quarterly Revenue Growth (0.21) | Return On Assets 0.0766 | Return On Equity 0.1183 |
The market value of HighPeak Energy is measured differently than its book value, which is the value of HighPeak that is recorded on the company's balance sheet. Investors also form their own opinion of HighPeak Energy's value that differs from its market value or its book value, called intrinsic value, which is HighPeak Energy'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 HighPeak Energy's market value can be influenced by many factors that don't directly affect HighPeak Energy'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 HighPeak Energy's value and its price as these two are different measures arrived at by different means. Investors typically determine if HighPeak Energy is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, HighPeak Energy'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.
HighPeak Energy '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 HighPeak Energy'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 HighPeak Energy.
| 11/03/2024 |
| 12/03/2024 |
If you would invest 0.00 in HighPeak Energy on November 3, 2024 and sell it all today you would earn a total of 0.00 from holding HighPeak Energy or generate 0.0% return on investment in HighPeak Energy over 30 days. HighPeak Energy is related to or competes with GeoVax Labs. HPK Energy, LP owns and operates oil and natural gas assets More
HighPeak Energy 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 HighPeak Energy'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 HighPeak Energy upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 8.78 | |||
| Information Ratio | 0.0175 | |||
| Maximum Drawdown | 76.82 | |||
| Value At Risk | (13.21) | |||
| Potential Upside | 17.02 |
HighPeak Energy Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for HighPeak Energy's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as HighPeak Energy's standard deviation. In reality, there are many statistical measures that can use HighPeak Energy historical prices to predict the future HighPeak Energy's volatility.| Risk Adjusted Performance | 0.032 | |||
| Jensen Alpha | 0.2468 | |||
| Total Risk Alpha | (1.22) | |||
| Sortino Ratio | 0.0202 | |||
| Treynor Ratio | 0.747 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of HighPeak Energy's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
HighPeak Energy Backtested Returns
HighPeak Energy appears to be dangerous, given 3 months investment horizon. HighPeak Energy holds Efficiency (Sharpe) Ratio of 0.0693, which attests that the entity had a 0.0693% return per unit of risk over the last 3 months. By evaluating HighPeak Energy's technical indicators, you can evaluate if the expected return of 0.69% is justified by implied risk. Please utilize HighPeak Energy's Market Risk Adjusted Performance of 0.757, downside deviation of 8.78, and Risk Adjusted Performance of 0.032 to validate if our risk estimates are consistent with your expectations. On a scale of 0 to 100, HighPeak Energy holds a performance score of 5. The company retains a Market Volatility (i.e., Beta) of 0.39, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, HighPeak Energy's returns are expected to increase less than the market. However, during the bear market, the loss of holding HighPeak Energy is expected to be smaller as well. Please check HighPeak Energy's potential upside, and the relationship between the total risk alpha and kurtosis , to make a quick decision on whether HighPeak Energy's current trending patterns will revert.
Auto-correlation | -0.14 |
Insignificant reverse predictability
HighPeak Energy has insignificant reverse predictability. Overlapping area represents the amount of predictability between HighPeak Energy time series from 3rd of November 2024 to 18th of November 2024 and 18th of November 2024 to 3rd of December 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 HighPeak Energy price movement. The serial correlation of -0.14 indicates that less than 14.0% of current HighPeak Energy price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.14 | |
| Spearman Rank Test | 0.25 | |
| Residual Average | 0.0 | |
| Price Variance | 0.12 |
HighPeak Energy lagged returns against current returns
Autocorrelation, which is HighPeak Energy 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 HighPeak Energy's stock expected returns. We can calculate the autocorrelation of HighPeak Energy returns to help us make a trade decision. For example, suppose you find that HighPeak Energy 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 |
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HighPeak Energy 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 HighPeak Energy stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if HighPeak Energy stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in HighPeak Energy stock over time.
Current vs Lagged Prices |
| Timeline |
HighPeak Energy Lagged Returns
When evaluating HighPeak Energy's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of HighPeak Energy stock have on its future price. HighPeak Energy 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, HighPeak Energy autocorrelation shows the relationship between HighPeak Energy stock current value and its past values and can show if there is a momentum factor associated with investing in HighPeak Energy.
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 HighPeak Stock Analysis
When running HighPeak Energy's price analysis, check to measure HighPeak Energy'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 HighPeak Energy is operating at the current time. Most of HighPeak Energy's value examination focuses on studying past and present price action to predict the probability of HighPeak Energy's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move HighPeak Energy's price. Additionally, you may evaluate how the addition of HighPeak Energy to your portfolios can decrease your overall portfolio volatility.