Xxl Energy Corp Stock Market Value
| XLEFF Stock | USD 0 0.00 0.00% |
| Symbol | XXL |
XXL 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 XXL Energy's pink sheet 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 XXL Energy.
| 12/14/2022 |
| 12/03/2024 |
If you would invest 0.00 in XXL Energy on December 14, 2022 and sell it all today you would earn a total of 0.00 from holding XXL Energy Corp or generate 0.0% return on investment in XXL Energy over 720 days. XXL Energy is related to or competes with PHX Minerals, Mexco Energy, Granite Ridge, PrimeEnergy, MorningStar Partners,, CKX Lands, and Epsilon Energy. XXL Energy Corp., a petroleum and natural gas company, acquires, explores, and develops petroleum and natural gas proper... More
XXL 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 XXL Energy's pink sheet 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 XXL Energy Corp upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.13) | |||
| Maximum Drawdown | 99.0 |
XXL Energy Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for XXL Energy's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as XXL Energy's standard deviation. In reality, there are many statistical measures that can use XXL Energy historical prices to predict the future XXL Energy's volatility.| Risk Adjusted Performance | (0.08) | |||
| Jensen Alpha | (1.61) | |||
| Total Risk Alpha | (3.33) | |||
| Treynor Ratio | (1.65) |
XXL Energy Corp Backtested Returns
XXL Energy Corp shows Sharpe Ratio of -0.12, which attests that the company had a -0.12% return per unit of standard deviation over the last 3 months. XXL Energy Corp exposes sixteen different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out XXL Energy's Mean Deviation of 2.95, risk adjusted performance of (0.08), and Standard Deviation of 12.19 to validate the risk estimate we provide. The firm maintains a market beta of 0.92, which attests to possible diversification benefits within a given portfolio. XXL Energy returns are very sensitive to returns on the market. As the market goes up or down, XXL Energy is expected to follow. At this point, XXL Energy Corp has a negative expected return of -1.55%. Please make sure to check out XXL Energy's treynor ratio, kurtosis, as well as the relationship between the Kurtosis and day typical price , to decide if XXL Energy Corp performance from the past will be repeated at some future point.
Auto-correlation | 0.14 |
Insignificant predictability
XXL Energy Corp has insignificant predictability. Overlapping area represents the amount of predictability between XXL Energy time series from 14th of December 2022 to 9th of December 2023 and 9th of December 2023 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 XXL Energy Corp price movement. The serial correlation of 0.14 indicates that less than 14.0% of current XXL Energy price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.14 | |
| Spearman Rank Test | -0.29 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
XXL Energy Corp lagged returns against current returns
Autocorrelation, which is XXL Energy pink sheet'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 XXL Energy's pink sheet expected returns. We can calculate the autocorrelation of XXL Energy returns to help us make a trade decision. For example, suppose you find that XXL Energy has exhibited high autocorrelation historically, and you observe that the pink sheet 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 |
XXL 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 XXL Energy pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if XXL Energy pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in XXL Energy pink sheet over time.
Current vs Lagged Prices |
| Timeline |
XXL Energy Lagged Returns
When evaluating XXL Energy's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of XXL Energy pink sheet have on its future price. XXL 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, XXL Energy autocorrelation shows the relationship between XXL Energy pink sheet current value and its past values and can show if there is a momentum factor associated with investing in XXL Energy Corp.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in XXL Pink Sheet
XXL Energy financial ratios help investors to determine whether XXL Pink Sheet is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in XXL with respect to the benefits of owning XXL Energy security.