Gulfslope Energy Stock Market Value
| GSPE Stock | USD 0.0001 0.00 0.00% |
| Symbol | GulfSlope |
GulfSlope 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 GulfSlope Energy'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 GulfSlope Energy.
| 10/30/2024 |
| 11/29/2024 |
If you would invest 0.00 in GulfSlope Energy on October 30, 2024 and sell it all today you would earn a total of 0.00 from holding GulfSlope Energy or generate 0.0% return on investment in GulfSlope Energy over 30 days. GulfSlope Energy is related to or competes with PEDEVCO Corp, Ring Energy, Occidental Petroleum, Tullow Oil, Tullow Oil, Battalion Oil, and PrimeEnergy. GulfSlope Energy, Inc. operates as an independent oil and natural gas exploration company primarily in the Gulf of Mexic... More
GulfSlope 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 GulfSlope Energy'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 GulfSlope Energy upside and downside potential and time the market with a certain degree of confidence.
GulfSlope Energy Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for GulfSlope Energy's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as GulfSlope Energy's standard deviation. In reality, there are many statistical measures that can use GulfSlope Energy historical prices to predict the future GulfSlope Energy's volatility.GulfSlope Energy Backtested Returns
GulfSlope Energy is out of control given 3 months investment horizon. GulfSlope Energy holds Efficiency (Sharpe) Ratio of 0.11, which attests that the entity had a 0.11% return per unit of risk over the last 3 months. We were able to interpolate data for four different technical indicators, which can help you to evaluate if expected returns of 14.29% are justified by taking the suggested risk. Use GulfSlope Energy Day Median Price of 1.0E-4, rate of daily change of 1.0, and Day Typical Price of 1.0E-4 to evaluate company specific risk that cannot be diversified away. GulfSlope Energy holds a performance score of 8 on a scale of zero to a hundred. The company retains a Market Volatility (i.e., Beta) of 0.0, which attests to not very significant fluctuations relative to the market. the returns on MARKET and GulfSlope Energy are completely uncorrelated. Use GulfSlope Energy rate of daily change , to analyze future returns on GulfSlope Energy.
Auto-correlation | 0.00 |
No correlation between past and present
GulfSlope Energy has no correlation between past and present. Overlapping area represents the amount of predictability between GulfSlope Energy time series from 30th of October 2024 to 14th of November 2024 and 14th of November 2024 to 29th 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 GulfSlope Energy price movement. The serial correlation of 0.0 indicates that just 0.0% of current GulfSlope Energy price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.0 | |
| Spearman Rank Test | 1.0 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
GulfSlope Energy lagged returns against current returns
Autocorrelation, which is GulfSlope Energy 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 GulfSlope Energy's pink sheet expected returns. We can calculate the autocorrelation of GulfSlope Energy returns to help us make a trade decision. For example, suppose you find that GulfSlope Energy 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 |
GulfSlope 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 GulfSlope Energy pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if GulfSlope Energy pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in GulfSlope Energy pink sheet over time.
Current vs Lagged Prices |
| Timeline |
GulfSlope Energy Lagged Returns
When evaluating GulfSlope Energy's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of GulfSlope Energy pink sheet have on its future price. GulfSlope 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, GulfSlope Energy autocorrelation shows the relationship between GulfSlope Energy pink sheet current value and its past values and can show if there is a momentum factor associated with investing in GulfSlope Energy.
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 GulfSlope Pink Sheet
GulfSlope Energy financial ratios help investors to determine whether GulfSlope 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 GulfSlope with respect to the benefits of owning GulfSlope Energy security.