East West Petroleum Stock Market Value
| EWPMF Stock | USD 0.03 0.00 0.00% |
| Symbol | East |
East West '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 East West'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 East West.
| 01/07/2023 |
| 12/27/2024 |
If you would invest 0.00 in East West on January 7, 2023 and sell it all today you would earn a total of 0.00 from holding East West Petroleum or generate 0.0% return on investment in East West over 720 days. East West is related to or competes with ConnectOne Bancorp, RCM Technologies, BlackRock, Fast Retailing, and Obayashi. East West Petroleum Corp., a junior oil and gas company, engages in the exploration, development, and production of oil ... More
East West 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 East West'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 East West Petroleum upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 30.25 | |||
| Information Ratio | 0.0424 | |||
| Maximum Drawdown | 133.33 | |||
| Value At Risk | (25.00) | |||
| Potential Upside | 33.33 |
East West Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for East West's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as East West's standard deviation. In reality, there are many statistical measures that can use East West historical prices to predict the future East West's volatility.| Risk Adjusted Performance | 0.0453 | |||
| Jensen Alpha | 0.9187 | |||
| Total Risk Alpha | (0.21) | |||
| Sortino Ratio | 0.03 | |||
| Treynor Ratio | 1.33 |
East West Petroleum Backtested Returns
East West is out of control given 3 months investment horizon. East West Petroleum secures Sharpe Ratio (or Efficiency) of 0.0741, which denotes the company had a 0.0741% return per unit of risk over the last 3 months. We have collected data for twenty-four different technical indicators, which can help you to evaluate if expected returns of 1.61% are justified by taking the suggested risk. Use East West Coefficient Of Variation of 2225.51, mean deviation of 10.88, and Downside Deviation of 30.25 to evaluate company specific risk that cannot be diversified away. East West holds a performance score of 5 on a scale of zero to a hundred. The firm shows a Beta (market volatility) of 0.71, which means possible diversification benefits within a given portfolio. As returns on the market increase, East West's returns are expected to increase less than the market. However, during the bear market, the loss of holding East West is expected to be smaller as well. Use East West maximum drawdown, as well as the relationship between the semi variance and rate of daily change , to analyze future returns on East West.
Auto-correlation | 0.03 |
Virtually no predictability
East West Petroleum has virtually no predictability. Overlapping area represents the amount of predictability between East West time series from 7th of January 2023 to 2nd of January 2024 and 2nd of January 2024 to 27th 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 East West Petroleum price movement. The serial correlation of 0.03 indicates that only 3.0% of current East West price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.03 | |
| Spearman Rank Test | 0.05 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
East West Petroleum lagged returns against current returns
Autocorrelation, which is East West 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 East West's pink sheet expected returns. We can calculate the autocorrelation of East West returns to help us make a trade decision. For example, suppose you find that East West 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 |
East West 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 East West pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if East West pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in East West pink sheet over time.
Current vs Lagged Prices |
| Timeline |
East West Lagged Returns
When evaluating East West's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of East West pink sheet have on its future price. East West 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, East West autocorrelation shows the relationship between East West pink sheet current value and its past values and can show if there is a momentum factor associated with investing in East West Petroleum.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in East Pink Sheet
East West financial ratios help investors to determine whether East 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 East with respect to the benefits of owning East West security.