Gulfport Energy Operating Stock Market Value
| GPOR Stock | USD 176.77 0.92 0.52% |
| Symbol | Gulfport |
Gulfport Energy Operating Price To Book Ratio
Is Oil & Gas Exploration & Production space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Gulfport Energy. If investors know Gulfport will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Gulfport Energy listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.90) | Earnings Share 11.77 | Revenue Per Share 48.636 | Quarterly Revenue Growth (0.04) | Return On Assets 0.0714 |
The market value of Gulfport Energy Operating is measured differently than its book value, which is the value of Gulfport that is recorded on the company's balance sheet. Investors also form their own opinion of Gulfport Energy's value that differs from its market value or its book value, called intrinsic value, which is Gulfport Energy's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Gulfport Energy's market value can be influenced by many factors that don't directly affect Gulfport Energy's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Gulfport Energy's value and its price as these two are different measures arrived at by different means. Investors typically determine if Gulfport Energy is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Gulfport Energy's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
Gulfport Energy '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 Gulfport Energy'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 Gulfport Energy.
| 10/26/2024 |
| 11/25/2024 |
If you would invest 0.00 in Gulfport Energy on October 26, 2024 and sell it all today you would earn a total of 0.00 from holding Gulfport Energy Operating or generate 0.0% return on investment in Gulfport Energy over 30 days. Gulfport Energy is related to or competes with Epsilon Energy, Granite Ridge, North European, CNX Resources, GeoPark, Evolution Petroleum, and PHX Minerals. Gulfport Energy Corporation engages in the exploration, development, acquisition, production of natural gas, crude oil, ... More
Gulfport Energy 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 Gulfport Energy'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 Gulfport Energy Operating upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.33 | |||
| Information Ratio | 0.1136 | |||
| Maximum Drawdown | 11.52 | |||
| Value At Risk | (1.96) | |||
| Potential Upside | 4.38 |
Gulfport Energy Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Gulfport Energy's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Gulfport Energy's standard deviation. In reality, there are many statistical measures that can use Gulfport Energy historical prices to predict the future Gulfport Energy's volatility.| Risk Adjusted Performance | 0.1421 | |||
| Jensen Alpha | 0.1665 | |||
| Total Risk Alpha | 0.0303 | |||
| Sortino Ratio | 0.1757 | |||
| Treynor Ratio | 0.2275 |
Gulfport Energy Operating Backtested Returns
Gulfport Energy appears to be very steady, given 3 months investment horizon. Gulfport Energy Operating holds Efficiency (Sharpe) Ratio of 0.17, which attests that the entity had a 0.17% return per unit of risk over the last 3 months. We have found thirty technical indicators for Gulfport Energy Operating, which you can use to evaluate the volatility of the firm. Please utilize Gulfport Energy's Downside Deviation of 1.33, market risk adjusted performance of 0.2375, and Risk Adjusted Performance of 0.1421 to validate if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Gulfport Energy holds a performance score of 13. The company retains a Market Volatility (i.e., Beta) of 1.56, which attests to a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Gulfport Energy will likely underperform. Please check Gulfport Energy's downside variance, and the relationship between the sortino ratio and accumulation distribution , to make a quick decision on whether Gulfport Energy's current trending patterns will revert.
Auto-correlation | 0.90 |
Excellent predictability
Gulfport Energy Operating has excellent predictability. Overlapping area represents the amount of predictability between Gulfport Energy time series from 26th of October 2024 to 10th of November 2024 and 10th of November 2024 to 25th 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 Gulfport Energy Operating price movement. The serial correlation of 0.9 indicates that approximately 90.0% of current Gulfport Energy price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.9 | |
| Spearman Rank Test | 0.61 | |
| Residual Average | 0.0 | |
| Price Variance | 48.1 |
Gulfport Energy Operating lagged returns against current returns
Autocorrelation, which is Gulfport Energy 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 Gulfport Energy's stock expected returns. We can calculate the autocorrelation of Gulfport Energy returns to help us make a trade decision. For example, suppose you find that Gulfport Energy 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 |
Gulfport Energy 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 Gulfport Energy stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Gulfport Energy stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Gulfport Energy stock over time.
Current vs Lagged Prices |
| Timeline |
Gulfport Energy Lagged Returns
When evaluating Gulfport Energy's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Gulfport Energy stock have on its future price. Gulfport Energy 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, Gulfport Energy autocorrelation shows the relationship between Gulfport Energy stock current value and its past values and can show if there is a momentum factor associated with investing in Gulfport Energy Operating.
Regressed Prices |
| Timeline |
Pair Trading with Gulfport Energy
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 Gulfport Energy 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 Gulfport Energy will appreciate offsetting losses from the drop in the long position's value.Moving together with Gulfport Stock
| 0.94 | AR | Antero Resources Corp | PairCorr |
| 0.68 | LB | LandBridge Company Upward Rally | PairCorr |
| 0.85 | PR | Permian Resources Aggressive Push | PairCorr |
Moving against Gulfport Stock
| 0.72 | BRY | Berry Petroleum Corp | PairCorr |
| 0.62 | BRN | Barnwell Industries | PairCorr |
| 0.48 | APA | APA Corporation | PairCorr |
| 0.42 | EONR | EON Resources Symbol Change | PairCorr |
| 0.35 | DVN | Devon Energy | PairCorr |
The ability to find closely correlated positions to Gulfport Energy could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Gulfport Energy 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 Gulfport Energy - 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 Gulfport Energy Operating to buy it.
The correlation of Gulfport Energy 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 Gulfport Energy moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Gulfport Energy Operating 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 Gulfport Energy 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.Additional Tools for Gulfport Stock Analysis
When running Gulfport Energy's price analysis, check to measure Gulfport Energy'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 Gulfport Energy is operating at the current time. Most of Gulfport Energy's value examination focuses on studying past and present price action to predict the probability of Gulfport Energy's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Gulfport Energy's price. Additionally, you may evaluate how the addition of Gulfport Energy to your portfolios can decrease your overall portfolio volatility.