InPlay Oil (Germany) Market Value
| 8DA1 Stock | 1.23 0.02 1.65% |
| Symbol | InPlay |
InPlay 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 InPlay Oil'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 InPlay Oil.
| 07/05/2023 |
| 11/26/2024 |
If you would invest 0.00 in InPlay Oil on July 5, 2023 and sell it all today you would earn a total of 0.00 from holding InPlay Oil Corp or generate 0.0% return on investment in InPlay Oil over 510 days. InPlay Oil is related to or competes with Diamyd Medical, MEDICAL FACILITIES, SAFETY MEDICAL, GEELY AUTOMOBILE, GRUPO CARSO-A1, Apyx Medical, and Merit Medical. More
InPlay 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 InPlay Oil'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 InPlay Oil Corp upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.14) | |||
| Maximum Drawdown | 9.92 | |||
| Value At Risk | (2.50) | |||
| Potential Upside | 3.05 |
InPlay Oil Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for InPlay Oil's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as InPlay Oil's standard deviation. In reality, there are many statistical measures that can use InPlay Oil historical prices to predict the future InPlay Oil's volatility.| Risk Adjusted Performance | (0.05) | |||
| Jensen Alpha | (0.18) | |||
| Total Risk Alpha | (0.45) | |||
| Treynor Ratio | (0.81) |
InPlay Oil Corp Backtested Returns
InPlay Oil Corp holds Efficiency (Sharpe) Ratio of -0.072, which attests that the entity had a -0.072% return per unit of volatility over the last 3 months. InPlay Oil Corp exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out InPlay Oil's risk adjusted performance of (0.05), and Market Risk Adjusted Performance of (0.80) to validate the risk estimate we provide. The company retains a Market Volatility (i.e., Beta) of 0.19, which attests to not very significant fluctuations relative to the market. As returns on the market increase, InPlay Oil's returns are expected to increase less than the market. However, during the bear market, the loss of holding InPlay Oil is expected to be smaller as well. At this point, InPlay Oil Corp has a negative expected return of -0.14%. Please make sure to check out InPlay Oil's treynor ratio, value at risk, and the relationship between the total risk alpha and maximum drawdown , to decide if InPlay Oil Corp performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.54 |
Modest predictability
InPlay Oil Corp has modest predictability. Overlapping area represents the amount of predictability between InPlay Oil time series from 5th of July 2023 to 16th of March 2024 and 16th of March 2024 to 26th of November 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 InPlay Oil Corp price movement. The serial correlation of 0.54 indicates that about 54.0% of current InPlay Oil price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.54 | |
| Spearman Rank Test | 0.56 | |
| Residual Average | 0.0 | |
| Price Variance | 0.01 |
InPlay Oil Corp lagged returns against current returns
Autocorrelation, which is InPlay Oil 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 InPlay Oil's stock expected returns. We can calculate the autocorrelation of InPlay Oil returns to help us make a trade decision. For example, suppose you find that InPlay Oil 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 |
InPlay 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 InPlay Oil stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if InPlay Oil stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in InPlay Oil stock over time.
Current vs Lagged Prices |
| Timeline |
InPlay Oil Lagged Returns
When evaluating InPlay Oil's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of InPlay Oil stock have on its future price. InPlay 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, InPlay Oil autocorrelation shows the relationship between InPlay Oil stock current value and its past values and can show if there is a momentum factor associated with investing in InPlay Oil Corp.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Additional Tools for InPlay Stock Analysis
When running InPlay Oil's price analysis, check to measure InPlay 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 InPlay Oil is operating at the current time. Most of InPlay Oil's value examination focuses on studying past and present price action to predict the probability of InPlay 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 InPlay Oil's price. Additionally, you may evaluate how the addition of InPlay Oil to your portfolios can decrease your overall portfolio volatility.