Bankers Petroleum Stock Market Value
| BNK Stock | CAD 17.24 0.06 0.35% |
| Symbol | Bankers |
Bankers Petroleum Price To Book Ratio
Bankers 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 Bankers 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 Bankers Petroleum.
| 07/05/2025 |
| 01/01/2026 |
If you would invest 0.00 in Bankers Petroleum on July 5, 2025 and sell it all today you would earn a total of 0.00 from holding Bankers Petroleum or generate 0.0% return on investment in Bankers Petroleum over 180 days. Bankers Petroleum is related to or competes with TDb Split, Big Pharma, Elysee Development, Lions Bay, Sustainable Power, Accord Financial, and NMC Resource. Bankers Petroleum Ltd. explores for, develops, and produces oil and gas. More
Bankers 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 Bankers 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 Bankers Petroleum upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.11 | |||
| Information Ratio | (0.01) | |||
| Maximum Drawdown | 5.1 | |||
| Value At Risk | (1.63) | |||
| Potential Upside | 1.28 |
Bankers Petroleum Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Bankers Petroleum's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Bankers Petroleum's standard deviation. In reality, there are many statistical measures that can use Bankers Petroleum historical prices to predict the future Bankers Petroleum's volatility.| Risk Adjusted Performance | 0.0487 | |||
| Jensen Alpha | 0.0546 | |||
| Total Risk Alpha | (0.03) | |||
| Sortino Ratio | (0.01) | |||
| Treynor Ratio | (3.21) |
Bankers Petroleum Backtested Returns
As of now, Bankers Stock is very steady. Bankers Petroleum secures Sharpe Ratio (or Efficiency) of 0.0547, which signifies that the company had a 0.0547 % return per unit of risk over the last 3 months. We have found thirty technical indicators for Bankers Petroleum, which you can use to evaluate the volatility of the firm. Please confirm Bankers Petroleum's Mean Deviation of 0.67, downside deviation of 1.11, and Risk Adjusted Performance of 0.0487 to double-check if the risk estimate we provide is consistent with the expected return of 0.054%. Bankers Petroleum has a performance score of 4 on a scale of 0 to 100. The firm shows a Beta (market volatility) of -0.0167, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Bankers Petroleum are expected to decrease at a much lower rate. During the bear market, Bankers Petroleum is likely to outperform the market. Bankers Petroleum right now shows a risk of 0.99%. Please confirm Bankers Petroleum total risk alpha, downside variance, daily balance of power, as well as the relationship between the maximum drawdown and skewness , to decide if Bankers Petroleum will be following its price patterns.
Auto-correlation | 0.57 |
Modest predictability
Bankers Petroleum has modest predictability. Overlapping area represents the amount of predictability between Bankers Petroleum time series from 5th of July 2025 to 3rd of October 2025 and 3rd of October 2025 to 1st of January 2026. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Bankers Petroleum price movement. The serial correlation of 0.57 indicates that roughly 57.0% of current Bankers Petroleum price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.57 | |
| Spearman Rank Test | 0.46 | |
| Residual Average | 0.0 | |
| Price Variance | 0.09 |
Bankers Petroleum lagged returns against current returns
Autocorrelation, which is Bankers 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 Bankers Petroleum's stock expected returns. We can calculate the autocorrelation of Bankers Petroleum returns to help us make a trade decision. For example, suppose you find that Bankers 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 |
Bankers 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 Bankers Petroleum stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Bankers Petroleum stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Bankers Petroleum stock over time.
Current vs Lagged Prices |
| Timeline |
Bankers Petroleum Lagged Returns
When evaluating Bankers Petroleum's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Bankers Petroleum stock have on its future price. Bankers 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, Bankers Petroleum autocorrelation shows the relationship between Bankers Petroleum stock current value and its past values and can show if there is a momentum factor associated with investing in Bankers Petroleum.
Regressed Prices |
| Timeline |
Pair Trading with Bankers Petroleum
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Bankers Petroleum position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Bankers Petroleum will appreciate offsetting losses from the drop in the long position's value.Moving against Bankers Stock
The ability to find closely correlated positions to Bankers Petroleum could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Bankers Petroleum when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Bankers Petroleum - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Bankers Petroleum to buy it.
The correlation of Bankers Petroleum is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Bankers Petroleum moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Bankers Petroleum moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Bankers Petroleum can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Other Information on Investing in Bankers Stock
Bankers Petroleum financial ratios help investors to determine whether Bankers Stock 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 Bankers with respect to the benefits of owning Bankers Petroleum security.