Imperial Petroleum Preferred Preferred Stock Market Value

IMPPP Preferred Stock  USD 25.66  0.04  0.16%   
Imperial Petroleum's market value is the price at which a share of Imperial Petroleum trades on a public exchange. It measures the collective expectations of Imperial Petroleum Preferred investors about its performance. Imperial Petroleum is selling at 25.66 as of the 24th of December 2024; that is 0.16% down since the beginning of the trading day. The preferred stock's last reported lowest price was 25.65.
With this module, you can estimate the performance of a buy and hold strategy of Imperial Petroleum Preferred and determine expected loss or profit from investing in Imperial Petroleum over a given investment horizon. Check out Imperial Petroleum Correlation, Imperial Petroleum Volatility and Imperial Petroleum Alpha and Beta module to complement your research on Imperial Petroleum.
To learn how to invest in Imperial Preferred Stock, please use our How to Invest in Imperial Petroleum guide.
Symbol

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 preferred 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.
0.00
11/24/2024
No Change 0.00  0.0 
In 31 days
12/24/2024
0.00
If you would invest  0.00  in Imperial Petroleum on November 24, 2024 and sell it all today you would earn a total of 0.00 from holding Imperial Petroleum Preferred or generate 0.0% return on investment in Imperial Petroleum over 30 days. Imperial Petroleum is related to or competes with Imperial Petroleum, Dynagas LNG, GasLog Partners, and GasLog Partners. 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 preferred 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 Preferred upside and downside potential and time the market with a certain degree of confidence.

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.
Hype
Prediction
LowEstimatedHigh
24.9225.6626.40
Details
Intrinsic
Valuation
LowRealHigh
20.3021.0428.23
Details

Imperial Petroleum Backtested Returns

Currently, Imperial Petroleum Preferred is very steady. Imperial Petroleum holds Efficiency (Sharpe) Ratio of 0.0894, which attests that the entity had a 0.0894% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Imperial Petroleum, which you can use to evaluate the volatility of the firm. Please check out Imperial Petroleum's Market Risk Adjusted Performance of (0.81), risk adjusted performance of 0.0674, and Downside Deviation of 0.9496 to validate if the risk estimate we provide is consistent with the expected return of 0.0665%. Imperial Petroleum has a performance score of 7 on a scale of 0 to 100. The company retains a Market Volatility (i.e., Beta) of -0.0759, which attests to not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Imperial Petroleum are expected to decrease at a much lower rate. During the bear market, Imperial Petroleum is likely to outperform the market. Imperial Petroleum right now retains a risk of 0.74%. Please check out Imperial Petroleum maximum drawdown, as well as the relationship between the expected short fall and rate of daily change , to decide if Imperial Petroleum will be following its current trending patterns.

Auto-correlation

    
  -0.22  

Weak reverse predictability

Imperial Petroleum Preferred has weak reverse predictability. Overlapping area represents the amount of predictability between Imperial Petroleum time series from 24th of November 2024 to 9th of December 2024 and 9th of December 2024 to 24th 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 -0.22 indicates that over 22.0% of current Imperial Petroleum price fluctuation can be explain by its past prices.
Correlation Coefficient-0.22
Spearman Rank Test-0.15
Residual Average0.0
Price Variance0.04

Imperial Petroleum lagged returns against current returns

Autocorrelation, which is Imperial Petroleum preferred 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 preferred 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 preferred 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 preferred stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Imperial Petroleum preferred 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 preferred 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 preferred 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 preferred stock current value and its past values and can show if there is a momentum factor associated with investing in Imperial Petroleum Preferred.
   Regressed Prices   
       Timeline  

Pair Trading with Imperial Petroleum

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 Imperial Petroleum 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 Imperial Petroleum will appreciate offsetting losses from the drop in the long position's value.

Moving together with Imperial Preferred Stock

  0.77EE Excelerate EnergyPairCorr
  0.78ET Energy Transfer LP Aggressive PushPairCorr
  0.75DLNG Dynagas LNG PartnersPairCorr

Moving against Imperial Preferred Stock

  0.76GEL Genesis Energy LPPairCorr
  0.75DHT DHT HoldingsPairCorr
  0.75FRO FrontlinePairCorr
  0.71PXSAW Pyxis TankersPairCorr
  0.68TK TeekayPairCorr
The ability to find closely correlated positions to Imperial Petroleum could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Imperial Petroleum 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 Imperial Petroleum - 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 Imperial Petroleum Preferred to buy it.
The correlation of Imperial Petroleum 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 Imperial Petroleum moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Imperial Petroleum 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 Imperial Petroleum 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.
Pair CorrelationCorrelation Matching

Additional Tools for Imperial Preferred 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.