Bp Plc Stock Market Value
| BPAQF Stock | USD 4.83 0.13 2.77% |
| Symbol | BPAQF |
BP Plc '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 BP Plc'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 BP Plc.
| 10/23/2024 |
| 11/22/2024 |
If you would invest 0.00 in BP Plc on October 23, 2024 and sell it all today you would earn a total of 0.00 from holding BP plc or generate 0.0% return on investment in BP Plc over 30 days. BP Plc is related to or competes with Shell PLC, Equinor ASA, BP PLC, Eni SPA, and Exxon. It operates through Gas Low Carbon Energy, Oil Production Operations, Customers Products, and Rosneft segments More
BP Plc 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 BP Plc'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 BP plc upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.16) | |||
| Maximum Drawdown | 10.81 | |||
| Value At Risk | (3.78) | |||
| Potential Upside | 2.71 |
BP Plc Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for BP Plc's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as BP Plc's standard deviation. In reality, there are many statistical measures that can use BP Plc historical prices to predict the future BP Plc's volatility.| Risk Adjusted Performance | (0.08) | |||
| Jensen Alpha | (0.26) | |||
| Total Risk Alpha | (0.47) | |||
| Treynor Ratio | (1.63) |
BP plc Backtested Returns
BP plc retains Efficiency (Sharpe Ratio) of -0.0879, which signifies that the company had a -0.0879% return per unit of price deviation over the last 3 months. BP Plc exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm BP Plc's Variance of 4.15, market risk adjusted performance of (1.62), and Information Ratio of (0.16) to double-check the risk estimate we provide. The firm owns a Beta (Systematic Risk) of 0.15, which signifies not very significant fluctuations relative to the market. As returns on the market increase, BP Plc's returns are expected to increase less than the market. However, during the bear market, the loss of holding BP Plc is expected to be smaller as well. At this point, BP plc has a negative expected return of -0.19%. Please make sure to confirm BP Plc's standard deviation, kurtosis, period momentum indicator, as well as the relationship between the maximum drawdown and day median price , to decide if BP plc performance from the past will be repeated sooner or later.
Auto-correlation | 0.07 |
Virtually no predictability
BP plc has virtually no predictability. Overlapping area represents the amount of predictability between BP Plc time series from 23rd of October 2024 to 7th of November 2024 and 7th of November 2024 to 22nd 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 BP plc price movement. The serial correlation of 0.07 indicates that barely 7.0% of current BP Plc price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.07 | |
| Spearman Rank Test | -0.02 | |
| Residual Average | 0.0 | |
| Price Variance | 0.01 |
BP plc lagged returns against current returns
Autocorrelation, which is BP Plc 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 BP Plc's pink sheet expected returns. We can calculate the autocorrelation of BP Plc returns to help us make a trade decision. For example, suppose you find that BP Plc 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 |
BP Plc 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 BP Plc pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if BP Plc pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in BP Plc pink sheet over time.
Current vs Lagged Prices |
| Timeline |
BP Plc Lagged Returns
When evaluating BP Plc's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of BP Plc pink sheet have on its future price. BP Plc 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, BP Plc autocorrelation shows the relationship between BP Plc pink sheet current value and its past values and can show if there is a momentum factor associated with investing in BP plc.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in BPAQF Pink Sheet
BP Plc financial ratios help investors to determine whether BPAQF 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 BPAQF with respect to the benefits of owning BP Plc security.