Exxon Mobil (Brazil) Market Value
| EXXO34 Stock | BRL 87.61 1.22 1.37% |
| Symbol | Exxon |
Exxon Mobil '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 Exxon Mobil'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 Exxon Mobil.
| 10/27/2024 |
| 11/26/2024 |
If you would invest 0.00 in Exxon Mobil on October 27, 2024 and sell it all today you would earn a total of 0.00 from holding Exxon Mobil or generate 0.0% return on investment in Exxon Mobil over 30 days. Exxon Mobil is related to or competes with Charter Communications, STMicroelectronics, United States, Paycom Software, METISA Metalrgica, Unifique Telecomunicaes, and Delta Air. Exxon Mobil Corporation explores for and produces crude oil and natural gas in the United States, CanadaOther Americas, ... More
Exxon Mobil 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 Exxon Mobil'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 Exxon Mobil upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.32 | |||
| Information Ratio | 0.0568 | |||
| Maximum Drawdown | 5.55 | |||
| Value At Risk | (2.17) | |||
| Potential Upside | 2.75 |
Exxon Mobil Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Exxon Mobil's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Exxon Mobil's standard deviation. In reality, there are many statistical measures that can use Exxon Mobil historical prices to predict the future Exxon Mobil's volatility.| Risk Adjusted Performance | 0.1173 | |||
| Jensen Alpha | 0.1915 | |||
| Total Risk Alpha | (0.02) | |||
| Sortino Ratio | 0.0611 | |||
| Treynor Ratio | 3.06 |
Exxon Mobil Backtested Returns
At this point, Exxon Mobil is very steady. Exxon Mobil secures Sharpe Ratio (or Efficiency) of 0.0998, which denotes the company had a 0.0998% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Exxon Mobil, which you can use to evaluate the volatility of the firm. Please confirm Exxon Mobil's Coefficient Of Variation of 678.42, mean deviation of 1.12, and Downside Deviation of 1.32 to check if the risk estimate we provide is consistent with the expected return of 0.14%. Exxon Mobil has a performance score of 7 on a scale of 0 to 100. The firm shows a Beta (market volatility) of 0.0651, which means not very significant fluctuations relative to the market. As returns on the market increase, Exxon Mobil's returns are expected to increase less than the market. However, during the bear market, the loss of holding Exxon Mobil is expected to be smaller as well. Exxon Mobil right now shows a risk of 1.43%. Please confirm Exxon Mobil semi variance, accumulation distribution, and the relationship between the potential upside and skewness , to decide if Exxon Mobil will be following its price patterns.
Auto-correlation | -0.01 |
Very weak reverse predictability
Exxon Mobil has very weak reverse predictability. Overlapping area represents the amount of predictability between Exxon Mobil time series from 27th of October 2024 to 11th of November 2024 and 11th of November 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 Exxon Mobil price movement. The serial correlation of -0.01 indicates that just 1.0% of current Exxon Mobil price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.01 | |
| Spearman Rank Test | 0.4 | |
| Residual Average | 0.0 | |
| Price Variance | 1.34 |
Exxon Mobil lagged returns against current returns
Autocorrelation, which is Exxon Mobil 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 Exxon Mobil's stock expected returns. We can calculate the autocorrelation of Exxon Mobil returns to help us make a trade decision. For example, suppose you find that Exxon Mobil 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 |
Exxon Mobil 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 Exxon Mobil stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Exxon Mobil stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Exxon Mobil stock over time.
Current vs Lagged Prices |
| Timeline |
Exxon Mobil Lagged Returns
When evaluating Exxon Mobil's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Exxon Mobil stock have on its future price. Exxon Mobil 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, Exxon Mobil autocorrelation shows the relationship between Exxon Mobil stock current value and its past values and can show if there is a momentum factor associated with investing in Exxon Mobil.
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.Other Information on Investing in Exxon Stock
Exxon Mobil financial ratios help investors to determine whether Exxon 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 Exxon with respect to the benefits of owning Exxon Mobil security.