Cabot Oil (Mexico) Market Value
| COG Stock | MXN 543.00 0.00 0.00% |
| Symbol | Cabot |
Cabot 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 Cabot 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 Cabot Oil.
| 11/11/2024 |
| 12/11/2024 |
If you would invest 0.00 in Cabot Oil on November 11, 2024 and sell it all today you would earn a total of 0.00 from holding Cabot Oil Gas or generate 0.0% return on investment in Cabot Oil over 30 days. Cabot Oil is related to or competes with ConocoPhillips, Devon Energy, APA. Cabot Oil Gas Corporation, an independent oil and gas company, explores for, exploits, develops, produces, and markets n... More
Cabot 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 Cabot 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 Cabot Oil Gas upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | 0.0851 | |||
| Maximum Drawdown | 9.92 | |||
| Potential Upside | 0.8358 |
Cabot Oil Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Cabot Oil's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Cabot Oil's standard deviation. In reality, there are many statistical measures that can use Cabot Oil historical prices to predict the future Cabot Oil's volatility.| Risk Adjusted Performance | 0.1227 | |||
| Jensen Alpha | 0.2249 | |||
| Total Risk Alpha | (0) | |||
| Treynor Ratio | 1.07 |
Cabot Oil Gas Backtested Returns
Cabot Oil appears to be very steady, given 3 months investment horizon. Cabot Oil Gas secures Sharpe Ratio (or Efficiency) of 0.16, which signifies that the company had a 0.16% return per unit of standard deviation over the last 3 months. We have found seventeen technical indicators for Cabot Oil Gas, which you can use to evaluate the volatility of the firm. Please makes use of Cabot Oil's mean deviation of 0.5997, and Risk Adjusted Performance of 0.1227 to double-check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Cabot Oil holds a performance score of 12. The firm shows a Beta (market volatility) of 0.23, which signifies not very significant fluctuations relative to the market. As returns on the market increase, Cabot Oil's returns are expected to increase less than the market. However, during the bear market, the loss of holding Cabot Oil is expected to be smaller as well. Please check Cabot Oil's mean deviation, information ratio, skewness, as well as the relationship between the standard deviation and maximum drawdown , to make a quick decision on whether Cabot Oil's price patterns will revert.
Auto-correlation | Huge |
Perfect predictability
Cabot Oil Gas has perfect predictability. Overlapping area represents the amount of predictability between Cabot Oil time series from 11th of November 2024 to 26th of November 2024 and 26th of November 2024 to 11th of December 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 Cabot Oil Gas price movement. The serial correlation of 9.223372036854776E16 indicates that 9.223372036854776E16% of current Cabot Oil price fluctuation can be explain by its past prices.
| Correlation Coefficient | 92233.7 T | |
| Spearman Rank Test | 1.0 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Cabot Oil Gas lagged returns against current returns
Autocorrelation, which is Cabot 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 Cabot Oil's stock expected returns. We can calculate the autocorrelation of Cabot Oil returns to help us make a trade decision. For example, suppose you find that Cabot 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 |
Cabot 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 Cabot Oil stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Cabot Oil stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Cabot Oil stock over time.
Current vs Lagged Prices |
| Timeline |
Cabot Oil Lagged Returns
When evaluating Cabot Oil's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Cabot Oil stock have on its future price. Cabot 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, Cabot Oil autocorrelation shows the relationship between Cabot Oil stock current value and its past values and can show if there is a momentum factor associated with investing in Cabot Oil Gas.
Regressed Prices |
| Timeline |
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Additional Tools for Cabot Stock Analysis
When running Cabot Oil's price analysis, check to measure Cabot 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 Cabot Oil is operating at the current time. Most of Cabot Oil's value examination focuses on studying past and present price action to predict the probability of Cabot 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 Cabot Oil's price. Additionally, you may evaluate how the addition of Cabot Oil to your portfolios can decrease your overall portfolio volatility.