Imperial Petroleum Stock Market Value
| IMPP Stock | USD 3.18 0.02 0.63% |
| Symbol | Imperial |
Imperial Petroleum 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 Imperial Petroleum. If investors know Imperial 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 Imperial Petroleum 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 (0.25) | Earnings Share 1.21 | Revenue Per Share 6.014 | Quarterly Revenue Growth (0.20) | Return On Assets 0.0667 |
The market value of Imperial Petroleum is measured differently than its book value, which is the value of Imperial that is recorded on the company's balance sheet. Investors also form their own opinion of Imperial Petroleum's value that differs from its market value or its book value, called intrinsic value, which is Imperial Petroleum'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 Imperial Petroleum's market value can be influenced by many factors that don't directly affect Imperial Petroleum'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 Imperial Petroleum's value and its price as these two are different measures arrived at by different means. Investors typically determine if Imperial Petroleum is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Imperial Petroleum'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.
Imperial Petroleum '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 Imperial Petroleum'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 Imperial Petroleum.
| 11/01/2024 |
| 12/01/2024 |
If you would invest 0.00 in Imperial Petroleum on November 1, 2024 and sell it all today you would earn a total of 0.00 from holding Imperial Petroleum or generate 0.0% return on investment in Imperial Petroleum over 30 days. Imperial Petroleum is related to or competes with CBL International, Marine Petroleum, Teekay Tankers, International Seaways, Frontline, DHT Holdings, and Scorpio Tankers. Imperial Petroleum Inc. provides international seaborne transportation services to oil producers, refineries, and commod... More
Imperial Petroleum 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 Imperial Petroleum'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 Imperial Petroleum upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.25) | |||
| Maximum Drawdown | 10.84 | |||
| Value At Risk | (3.27) | |||
| Potential Upside | 3.09 |
Imperial Petroleum Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Imperial Petroleum's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Imperial Petroleum's standard deviation. In reality, there are many statistical measures that can use Imperial Petroleum historical prices to predict the future Imperial Petroleum's volatility.| Risk Adjusted Performance | (0.13) | |||
| Jensen Alpha | (0.43) | |||
| Total Risk Alpha | (0.67) | |||
| Treynor Ratio | (0.62) |
Imperial Petroleum Backtested Returns
Imperial Petroleum holds Efficiency (Sharpe) Ratio of -0.28, which attests that the entity had a -0.28% return per unit of risk over the last 3 months. Imperial Petroleum exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Imperial Petroleum's Market Risk Adjusted Performance of (0.61), risk adjusted performance of (0.13), and Standard Deviation of 1.89 to validate the risk estimate we provide. The company retains a Market Volatility (i.e., Beta) of 0.57, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, Imperial Petroleum's returns are expected to increase less than the market. However, during the bear market, the loss of holding Imperial Petroleum is expected to be smaller as well. At this point, Imperial Petroleum has a negative expected return of -0.47%. Please make sure to check out Imperial Petroleum's total risk alpha, skewness, as well as the relationship between the Skewness and day median price , to decide if Imperial Petroleum performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.86 |
Very good predictability
Imperial Petroleum has very good predictability. Overlapping area represents the amount of predictability between Imperial Petroleum time series from 1st of November 2024 to 16th of November 2024 and 16th of November 2024 to 1st 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 Imperial Petroleum price movement. The serial correlation of 0.86 indicates that approximately 86.0% of current Imperial Petroleum price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.86 | |
| Spearman Rank Test | 0.76 | |
| Residual Average | 0.0 | |
| Price Variance | 0.01 |
Imperial Petroleum lagged returns against current returns
Autocorrelation, which is Imperial Petroleum 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 Imperial Petroleum's stock expected returns. We can calculate the autocorrelation of Imperial Petroleum returns to help us make a trade decision. For example, suppose you find that Imperial Petroleum 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 |
Imperial Petroleum 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 Imperial Petroleum stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Imperial Petroleum stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Imperial Petroleum stock over time.
Current vs Lagged Prices |
| Timeline |
Imperial Petroleum Lagged Returns
When evaluating Imperial Petroleum's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Imperial Petroleum stock have on its future price. Imperial Petroleum 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, Imperial Petroleum autocorrelation shows the relationship between Imperial Petroleum stock current value and its past values and can show if there is a momentum factor associated with investing in Imperial Petroleum.
Regressed Prices |
| Timeline |
Additional Tools for Imperial Stock Analysis
When running Imperial Petroleum's price analysis, check to measure Imperial Petroleum'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 Imperial Petroleum is operating at the current time. Most of Imperial Petroleum's value examination focuses on studying past and present price action to predict the probability of Imperial Petroleum's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Imperial Petroleum's price. Additionally, you may evaluate how the addition of Imperial Petroleum to your portfolios can decrease your overall portfolio volatility.