Pilgrim Petroleum Stock Forward View

PGPM Stock  USD 0.0001  0.00  0.000003%   
Pilgrim Stock outlook is based on your current time horizon. Although Pilgrim Petroleum's naive historical forecasting may sometimes provide an important future outlook for the firm, we suggest always cross-verifying it against solid analysis of Pilgrim Petroleum's systematic risk associated with finding meaningful patterns of Pilgrim Petroleum fundamentals over time.
As of now the value of relative strength index of Pilgrim Petroleum's share price is below 20 indicating that the stock is significantly oversold. The fundamental principle of the Relative Strength Index (RSI) is to quantify the velocity at which market participants are driving the price of a financial instrument upwards or downwards.

Momentum 0

 Sell Peaked

 
Oversold
 
Overbought
The successful prediction of Pilgrim Petroleum's future price could yield a significant profit. Please, note that this module is not intended to be used solely to calculate an intrinsic value of Pilgrim Petroleum and does not consider all of the tangible or intangible factors available from Pilgrim Petroleum's fundamental data. We analyze noise-free headlines and recent hype associated with Pilgrim Petroleum, which may create opportunities for some arbitrage if properly timed.
Using Pilgrim Petroleum hype-based prediction, you can estimate the value of Pilgrim Petroleum from the perspective of Pilgrim Petroleum response to recently generated media hype and the effects of current headlines on its competitors.
The Naive Prediction forecasted value of Pilgrim Petroleum on the next trading day is expected to be 0.0001 with a mean absolute deviation of 0 and the sum of the absolute errors of 0.

Pilgrim Petroleum after-hype prediction price

    
  USD 1.0E-4  
There is no one specific way to measure market sentiment using hype analysis or a similar predictive technique. This prediction method should be used in combination with more fundamental and traditional techniques such as stock price forecasting, technical analysis, analysts consensus, earnings estimates, and various momentum models.
Check out Historical Fundamental Analysis of Pilgrim Petroleum to cross-verify your projections.
To learn how to invest in Pilgrim Stock, please use our How to Invest in Pilgrim Petroleum guide.

Pilgrim Petroleum Additional Predictive Modules

Most predictive techniques to examine Pilgrim price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Pilgrim using various technical indicators. When you analyze Pilgrim charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur.

Pilgrim Petroleum Cash Forecast

Forecasting financial indicators like cash flow involves analysts applying various statistical methods, techniques, and algorithms. These tools reveal hidden trends within the Pilgrim Petroleum's financial statements to estimate their effects on upcoming price movements.
 
Cash  
First Reported
2010-12-31
Previous Quarter
1.3 K
Current Value
1.2 K
Quarterly Volatility
5.1 K
 
Credit Downgrade
 
Yuan Drop
 
Covid
 
Interest Hikes
A naive forecasting model for Pilgrim Petroleum is a special case of the moving average forecasting where the number of periods used for smoothing is one. Therefore, the forecast of Pilgrim Petroleum value for a given trading day is simply the observed value for the previous period. Due to the simplistic nature of the naive forecasting model, it can only be used to forecast up to one period.

Pilgrim Petroleum Naive Prediction Price Forecast For the 4th of February

Given 90 days horizon, the Naive Prediction forecasted value of Pilgrim Petroleum on the next trading day is expected to be 0.0001 with a mean absolute deviation of 0, mean absolute percentage error of 0, and the sum of the absolute errors of 0.
Please note that although there have been many attempts to predict Pilgrim Stock prices using its time series forecasting, we generally do not suggest using it to place bets in the real market. The most commonly used models for forecasting predictions are the autoregressive models, which specify that Pilgrim Petroleum's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Pilgrim Petroleum Stock Forecast Pattern

Backtest Pilgrim Petroleum  Pilgrim Petroleum Price Prediction  Research Analysis  

Pilgrim Petroleum Forecasted Value

In the context of forecasting Pilgrim Petroleum's Stock value on the next trading day, we examine the predictive performance of the model to find good statistically significant boundaries of downside and upside scenarios. Pilgrim Petroleum's downside and upside margins for the forecasting period are 0.0001 and 0.0001, respectively. We have considered Pilgrim Petroleum's daily market price to evaluate the above model's predictive performance. Remember, however, there is no scientific proof or empirical evidence that traditional linear or nonlinear forecasting models outperform artificial intelligence and frequency domain models to provide accurate forecasts consistently.
Market Value
0.0001
0.0001
Downside
0.0001
Expected Value
0.0001
Upside

Model Predictive Factors

The below table displays some essential indicators generated by the model showing the Naive Prediction forecasting method's relative quality and the estimations of the prediction error of Pilgrim Petroleum stock data series using in forecasting. Note that when a statistical model is used to represent Pilgrim Petroleum stock, the representation will rarely be exact; so some information will be lost using the model to explain the process. AIC estimates the relative amount of information lost by a given model: the less information a model loses, the higher its quality.
AICAkaike Information Criteria61.4946
BiasArithmetic mean of the errors None
MADMean absolute deviation0.0
MAPEMean absolute percentage error0.0
SAESum of the absolute errors0.0
This model is not at all useful as a medium-long range forecasting tool of Pilgrim Petroleum. This model is simplistic and is included partly for completeness and partly because of its simplicity. It is unlikely that you'll want to use this model directly to predict Pilgrim Petroleum. Instead, consider using either the moving average model or the more general weighted moving average model with a higher (i.e., greater than 1) number of periods, and possibly a different set of weights.

Predictive Modules for Pilgrim Petroleum

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Pilgrim Petroleum. Regardless of method or technology, however, to accurately forecast the stock market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the stock market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.
Hype
Prediction
LowEstimatedHigh
0.000.00010.00
Details
Intrinsic
Valuation
LowRealHigh
0.000.0000840.00
Details
Bollinger
Band Projection (param)
LowMiddleHigh
0.00010.00010.0001
Details

Pilgrim Petroleum After-Hype Price Density Analysis

As far as predicting the price of Pilgrim Petroleum at your current risk attitude, this probability distribution graph shows the chance that the prediction will fall between or within a specific range. We use this chart to confirm that your returns on investing in Pilgrim Petroleum or, for that matter, your successful expectations of its future price, cannot be replicated consistently. Please note, a large amount of money has been lost over the years by many investors who confused the symmetrical distributions of Stock prices, such as prices of Pilgrim Petroleum, with the unreliable approximations that try to describe financial returns.
   Next price density   
       Expected price to next headline  

Pilgrim Petroleum Estimiated After-Hype Price Volatility

In the context of predicting Pilgrim Petroleum's stock value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on Pilgrim Petroleum's historical news coverage. Pilgrim Petroleum's after-hype downside and upside margins for the prediction period are 0.00 and 0.00, respectively. We have considered Pilgrim Petroleum's daily market price in relation to the headlines to evaluate this method's predictive performance. Remember, however, there is no scientific proof or empirical evidence that news-based prediction models compare with traditional linear, nonlinear models or artificial intelligence models to provide accurate predictions consistently.
Current Value
0.0001
0.0001
After-hype Price
0.00
Upside
Pilgrim Petroleum is very steady at this time. Analysis and calculation of next after-hype price of Pilgrim Petroleum is based on 3 months time horizon.

Pilgrim Petroleum Stock Price Outlook Analysis

Have you ever been surprised when a price of a Company such as Pilgrim Petroleum is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Pilgrim Petroleum backward and forwards among themselves. Have you ever observed a lot of a particular company's price movement is driven by press releases or news about the company that has nothing to do with actual earnings? Usually, hype to individual companies acts as price momentum. If not enough favorable publicity is forthcoming, the Stock price eventually runs out of speed. So, the rule of thumb here is that as long as this news hype has nothing to do with immediate earnings, you should pay more attention to it. If you see this tendency with Pilgrim Petroleum, there might be something going there, and it might present an excellent short sale opportunity.
Expected ReturnPeriod VolatilityHype ElasticityRelated ElasticityNews DensityRelated DensityExpected Hype
 0.00  
0.00
 0.00  
 0.00  
1 Events / Month
0 Events / Month
Very soon
Latest traded priceExpected after-news pricePotential return on next major newsAverage after-hype volatility
0.0001
0.0001
0.00 
0.00  
Notes

Pilgrim Petroleum Hype Timeline

Pilgrim Petroleum is at this time traded for 0.0001. The entity stock is not elastic to its hype. The average elasticity to hype of competition is 0.0. Pilgrim is projected not to react to the next headline, with the price staying at about the same level, and average media hype impact volatility is insignificant. The immediate return on the next news is projected to be very small, whereas the daily expected return is at this time at 0.0%. %. The volatility of related hype on Pilgrim Petroleum is about 0.0%, with the expected price after the next announcement by competition of 0.00. The company had not issued any dividends in recent years. Pilgrim Petroleum had 5:4 split on the 31st of December 2007. Given the investment horizon of 90 days the next projected press release will be very soon.
Check out Historical Fundamental Analysis of Pilgrim Petroleum to cross-verify your projections.
To learn how to invest in Pilgrim Stock, please use our How to Invest in Pilgrim Petroleum guide.

Pilgrim Petroleum Related Hype Analysis

Having access to credible news sources related to Pilgrim Petroleum's direct competition is more important than ever and may enhance your ability to predict Pilgrim Petroleum's future price movements. Getting to know how Pilgrim Petroleum's peers react to changing market sentiment, related social signals, and mainstream news is a great way to find investing opportunities and time the market. The summary table below summarizes the essential lagging indicators that can help you analyze how Pilgrim Petroleum may potentially react to the hype associated with one of its peers.
Hype
Elasticity
News
Density
Semi
Deviation
Information
Ratio
Potential
Upside
Value
At Risk
Maximum
Drawdown
HXPNHarris Exploration 0.00 0 per month 0.00  0.00  0.00  0.00  0.00 
XFLSXfuels Inc 0.00 0 per month 0.00  0.00  0.00  0.00  0.00 
STPJFSouthern Pacific Resource 0.00 4 per month 0.00  0.00  0.00  0.00  0.00 
DBRMDaybreak Oil and 0.00 0 per month 0.00  0.00  0.00  0.00  0.00 
IONAFIona Energy 0.00 0 per month 0.00  0.00  0.00  0.00  0.00 
GAPJGolden Apple Oil 0.00 0 per month 0.00 (0.13) 0.00  0.00  95.00 
ONTRFBlackrock Oil 0.00 0 per month 0.00  0.00  0.00  0.00  0.00 
SPSOSpectacular Solar 0.00 0 per month 0.00  0.17  0.00  0.00  100.00 
TBDYFGordon Creek Energy 0.00 0 per month 0.00  0.00  0.00  0.00  0.00 
BKENBakken Energy Corp 0.00 3 per month 0.00  0.00  0.00  0.00  0.00 

Other Forecasting Options for Pilgrim Petroleum

For every potential investor in Pilgrim, whether a beginner or expert, Pilgrim Petroleum's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Pilgrim Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Pilgrim. Basic forecasting techniques help filter out the noise by identifying Pilgrim Petroleum's price trends.

Pilgrim Petroleum Related Equities

One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Pilgrim Petroleum stock to make a market-neutral strategy. Peer analysis of Pilgrim Petroleum could also be used in its relative valuation, which is a method of valuing Pilgrim Petroleum by comparing valuation metrics with similar companies.
 Risk & Return  Correlation

Pilgrim Petroleum Market Strength Events

Market strength indicators help investors to evaluate how Pilgrim Petroleum stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Pilgrim Petroleum shares will generate the highest return on investment. By undertsting and applying Pilgrim Petroleum stock market strength indicators, traders can identify Pilgrim Petroleum entry and exit signals to maximize returns.

Story Coverage note for Pilgrim Petroleum

The number of cover stories for Pilgrim Petroleum depends on current market conditions and Pilgrim Petroleum's risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that Pilgrim Petroleum is classified under. However, while its typical story may have numerous social followers, the rapid visibility can also attract short-sellers, who usually are skeptical about Pilgrim Petroleum's long-term prospects. So, having above-average coverage will typically attract above-average short interest, leading to significant price volatility.

Other Macroaxis Stories

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When determining whether Pilgrim Petroleum is a strong investment it is important to analyze Pilgrim Petroleum's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Pilgrim Petroleum's future performance. For an informed investment choice regarding Pilgrim Stock, refer to the following important reports:
Check out Historical Fundamental Analysis of Pilgrim Petroleum to cross-verify your projections.
To learn how to invest in Pilgrim Stock, please use our How to Invest in Pilgrim Petroleum guide.
You can also try the Economic Indicators module to top statistical indicators that provide insights into how an economy is performing.
Will Oil & Gas E&P sector continue expanding? Could Pilgrim diversify its offerings? Factors like these will boost the valuation of Pilgrim Petroleum. Anticipated expansion of Pilgrim directly elevates investor willingness to pay premium valuations. Accurate valuation requires analyzing both current fundamentals and future growth trajectories. Every Pilgrim Petroleum data point contributes insight, yet successful analysis hinges on identifying the most consequential variables.
Return On Assets
(0)
Return On Equity
(0.0001)
The market value of Pilgrim Petroleum is measured differently than its book value, which is the value of Pilgrim that is recorded on the company's balance sheet. Investors also form their own opinion of Pilgrim Petroleum's value that differs from its market value or its book value, called intrinsic value, which is Pilgrim Petroleum's true underlying value. Seasoned market participants apply comprehensive analytical frameworks to derive fundamental worth and identify mispriced opportunities. Because Pilgrim Petroleum's market value can be influenced by many factors that don't directly affect Pilgrim Petroleum's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
It's important to distinguish between Pilgrim Petroleum's intrinsic value and market price, which are calculated using different methodologies. Investment decisions regarding Pilgrim Petroleum should consider multiple factors including financial performance, growth metrics, competitive position, and professional analysis. Meanwhile, Pilgrim Petroleum's quoted price indicates the marketplace figure where supply meets demand through bilateral consent.