Strat Petroleum Stock Market Value
| SPRL Stock | USD 0.00002 0.00 0.00% |
| Symbol | Strat |
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 Strat Petroleum. If investors know Strat 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 Strat Petroleum listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Strat Petroleum is measured differently than its book value, which is the value of Strat that is recorded on the company's balance sheet. Investors also form their own opinion of Strat Petroleum's value that differs from its market value or its book value, called intrinsic value, which is Strat 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 Strat Petroleum's market value can be influenced by many factors that don't directly affect Strat 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 Strat Petroleum's value and its price as these two are different measures arrived at by different means. Investors typically determine if Strat Petroleum is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Strat 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.
Strat 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 Strat 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 Strat Petroleum.
| 12/23/2022 |
| 12/12/2024 |
If you would invest 0.00 in Strat Petroleum on December 23, 2022 and sell it all today you would earn a total of 0.00 from holding Strat Petroleum or generate 0.0% return on investment in Strat Petroleum over 720 days. Strat Petroleum is related to or competes with Evolution Petroleum, Ring Energy, Gran Tierra, Permian Resources, PEDEVCO Corp, Range Resources, and Antero Resources. Strat Petroleum, Ltd. engages in the oil and gas exploration and development activities More
Strat 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 Strat 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 Strat Petroleum upside and downside potential and time the market with a certain degree of confidence.
Strat Petroleum Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Strat Petroleum's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Strat Petroleum's standard deviation. In reality, there are many statistical measures that can use Strat Petroleum historical prices to predict the future Strat Petroleum's volatility.Strat Petroleum Backtested Returns
Strat Petroleum owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.13, which indicates the firm had a 0.13% return per unit of risk over the last 3 months. We were able to interpolate data for two different technical indicators, which can help you to evaluate if expected returns of 15.63% are justified by taking the suggested risk. The entity has a beta of 0.0, which indicates not very significant fluctuations relative to the market. the returns on MARKET and Strat Petroleum are completely uncorrelated.
Auto-correlation | 0.00 |
No correlation between past and present
Strat Petroleum has no correlation between past and present. Overlapping area represents the amount of predictability between Strat Petroleum time series from 23rd of December 2022 to 18th of December 2023 and 18th of December 2023 to 12th 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 Strat Petroleum price movement. The serial correlation of 0.0 indicates that just 0.0% of current Strat Petroleum price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.0 | |
| Spearman Rank Test | -0.23 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Strat Petroleum lagged returns against current returns
Autocorrelation, which is Strat 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 Strat Petroleum's stock expected returns. We can calculate the autocorrelation of Strat Petroleum returns to help us make a trade decision. For example, suppose you find that Strat 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 |
Strat 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 Strat Petroleum stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Strat Petroleum stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Strat Petroleum stock over time.
Current vs Lagged Prices |
| Timeline |
Strat Petroleum Lagged Returns
When evaluating Strat Petroleum's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Strat Petroleum stock have on its future price. Strat 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, Strat Petroleum autocorrelation shows the relationship between Strat Petroleum stock current value and its past values and can show if there is a momentum factor associated with investing in Strat Petroleum.
Regressed Prices |
| Timeline |
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Strat Petroleum technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.