Paradigm Oil And Stock Market Value
PDGO Stock | USD 0.0001 0.00 0.00% |
Symbol | Paradigm |
Paradigm Oil '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 Paradigm Oil'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 Paradigm Oil.
01/28/2024 |
| 03/28/2024 |
If you would invest 0.00 in Paradigm Oil on January 28, 2024 and sell it all today you would earn a total of 0.00 from holding Paradigm Oil And or generate 0.0% return on investment in Paradigm Oil over 60 days. Paradigm Oil is related to or competes with Noble Plc, Transocean, Patterson UTI, Helmerich, Borr Drilling, Diamond Offshore, and Precision Drilling. Paradigm Oil and Gas, Inc., an exploration stage company, engages in the acquisition, exploration, development, and oper... More
Paradigm Oil 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 Paradigm Oil'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 Paradigm Oil And upside and downside potential and time the market with a certain degree of confidence.
Downside Deviation | 46.08 | |||
Information Ratio | 0.1302 | |||
Maximum Drawdown | 150.0 | |||
Value At Risk | (50.00) | |||
Potential Upside | 100.0 |
Paradigm Oil Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Paradigm Oil's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Paradigm Oil's standard deviation. In reality, there are many statistical measures that can use Paradigm Oil historical prices to predict the future Paradigm Oil's volatility.Risk Adjusted Performance | 0.0844 | |||
Jensen Alpha | 4.03 | |||
Total Risk Alpha | (3.04) | |||
Sortino Ratio | 0.0957 | |||
Treynor Ratio | 1.12 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Paradigm Oil'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.
Paradigm Oil And Backtested Returns
Paradigm Oil is out of control given 3 months investment horizon. Paradigm Oil And maintains Sharpe Ratio (i.e., Efficiency) of 0.0994, which implies the firm had a 0.0994% return per unit of risk over the last 3 months. We were able to analyze and collect data for twenty-five different technical indicators, which can help you to evaluate if expected returns of 3.28% are justified by taking the suggested risk. Use Paradigm Oil Coefficient Of Variation of 745.35, semi deviation of 15.86, and Risk Adjusted Performance of 0.0844 to evaluate company specific risk that cannot be diversified away. Paradigm Oil holds a performance score of 7 on a scale of zero to a hundred. The company holds a Beta of 4.05, which implies a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Paradigm Oil will likely underperform. Use Paradigm Oil total risk alpha, potential upside, as well as the relationship between the Potential Upside and kurtosis , to analyze future returns on Paradigm Oil.
Auto-correlation | 0.13 |
Insignificant predictability
Paradigm Oil And has insignificant predictability. Overlapping area represents the amount of predictability between Paradigm Oil time series from 28th of January 2024 to 27th of February 2024 and 27th of February 2024 to 28th of March 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 Paradigm Oil And price movement. The serial correlation of 0.13 indicates that less than 13.0% of current Paradigm Oil price fluctuation can be explain by its past prices.
Correlation Coefficient | 0.13 | |
Spearman Rank Test | -0.32 | |
Residual Average | 0.0 | |
Price Variance | 0.0 |
Paradigm Oil And lagged returns against current returns
Autocorrelation, which is Paradigm Oil 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 Paradigm Oil's pink sheet expected returns. We can calculate the autocorrelation of Paradigm Oil returns to help us make a trade decision. For example, suppose you find that Paradigm Oil 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 |
Paradigm Oil 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 Paradigm Oil pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Paradigm Oil pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Paradigm Oil pink sheet over time.
Current vs Lagged Prices |
Timeline |
Paradigm Oil Lagged Returns
When evaluating Paradigm Oil's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Paradigm Oil pink sheet have on its future price. Paradigm Oil 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, Paradigm Oil autocorrelation shows the relationship between Paradigm Oil pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Paradigm Oil And.
Regressed Prices |
Timeline |
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Paradigm Oil in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Paradigm Oil's short interest history, or implied volatility extrapolated from Paradigm Oil options trading.
Becoming a Better Investor with Macroaxis
Macroaxis puts the power of mathematics on your side. We analyze your portfolios and positions such as Paradigm Oil And using complex mathematical models and algorithms, but make them easy to understand. There is no real person involved in your portfolio analysis. We perform a number of calculations to compute absolute and relative portfolio volatility, correlation between your assets, value at risk, expected return as well as over 100 different fundamental and technical indicators.Build Optimal Portfolios
Align your risk with return expectations
Check out Paradigm Oil Correlation, Paradigm Oil Volatility and Paradigm Oil Alpha and Beta module to complement your research on Paradigm Oil. Note that the Paradigm Oil And information on this page should be used as a complementary analysis to other Paradigm Oil's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Balance Of Power module to check stock momentum by analyzing Balance Of Power indicator and other technical ratios.
Complementary Tools for Paradigm Pink Sheet analysis
When running Paradigm Oil's price analysis, check to measure Paradigm Oil'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 Paradigm Oil is operating at the current time. Most of Paradigm Oil's value examination focuses on studying past and present price action to predict the probability of Paradigm Oil's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Paradigm Oil's price. Additionally, you may evaluate how the addition of Paradigm Oil to your portfolios can decrease your overall portfolio volatility.
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Paradigm Oil technical pink sheet 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, pink sheet market cycles, or different charting patterns.