Highpeak Energy Acquisition Stock Market Value
| HPK Stock | USD 14.86 0.15 1.02% |
| Symbol | Highpeak |
Highpeak Energy Acqu 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 Highpeak Energy. If investors know Highpeak 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 Highpeak 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 0.267 | Dividend Share 0.16 | Earnings Share 1.28 | Revenue Per Share 9.03 | Quarterly Revenue Growth (0.21) |
The market value of Highpeak Energy Acqu is measured differently than its book value, which is the value of Highpeak that is recorded on the company's balance sheet. Investors also form their own opinion of Highpeak Energy's value that differs from its market value or its book value, called intrinsic value, which is Highpeak 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 Highpeak Energy's market value can be influenced by many factors that don't directly affect Highpeak 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 Highpeak Energy's value and its price as these two are different measures arrived at by different means. Investors typically determine if Highpeak Energy is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Highpeak 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.
Highpeak 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 Highpeak 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 Highpeak Energy.
| 10/30/2024 |
| 11/29/2024 |
If you would invest 0.00 in Highpeak Energy on October 30, 2024 and sell it all today you would earn a total of 0.00 from holding Highpeak Energy Acquisition or generate 0.0% return on investment in Highpeak Energy over 30 days. Highpeak Energy is related to or competes with Vital Energy, Permian Resources, Magnolia Oil, Ring Energy, Epsilon Energy, Vaalco Energy, and PHX Minerals. HighPeak Energy, Inc., an independent oil and natural gas company, engages in the acquisition, exploration, development,... More
Highpeak 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 Highpeak 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 Highpeak Energy Acquisition upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.04) | |||
| Maximum Drawdown | 14.02 | |||
| Value At Risk | (4.86) | |||
| Potential Upside | 4.36 |
Highpeak Energy Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Highpeak Energy's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Highpeak Energy's standard deviation. In reality, there are many statistical measures that can use Highpeak Energy historical prices to predict the future Highpeak Energy's volatility.| Risk Adjusted Performance | 0.0055 | |||
| Jensen Alpha | (0.08) | |||
| Total Risk Alpha | (0.49) | |||
| Treynor Ratio | (0.03) |
Highpeak Energy Acqu Backtested Returns
As of now, Highpeak Stock is not too volatile. Highpeak Energy Acqu holds Efficiency (Sharpe) Ratio of 0.0014, which attests that the entity had a 0.0014% return per unit of risk over the last 3 months. We have found twenty-three technical indicators for Highpeak Energy Acqu, which you can use to evaluate the volatility of the firm. Please check out Highpeak Energy's Risk Adjusted Performance of 0.0055, standard deviation of 3.15, and Market Risk Adjusted Performance of (0.02) to validate if the risk estimate we provide is consistent with the expected return of 0.0044%. The company retains a Market Volatility (i.e., Beta) of 0.53, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, Highpeak Energy's returns are expected to increase less than the market. However, during the bear market, the loss of holding Highpeak Energy is expected to be smaller as well. Highpeak Energy Acqu right now retains a risk of 3.12%. Please check out Highpeak Energy maximum drawdown, as well as the relationship between the accumulation distribution and market facilitation index , to decide if Highpeak Energy will be following its current trending patterns.
Auto-correlation | 0.73 |
Good predictability
Highpeak Energy Acquisition has good predictability. Overlapping area represents the amount of predictability between Highpeak 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 Highpeak Energy Acqu price movement. The serial correlation of 0.73 indicates that around 73.0% of current Highpeak Energy price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.73 | |
| Spearman Rank Test | 0.7 | |
| Residual Average | 0.0 | |
| Price Variance | 0.21 |
Highpeak Energy Acqu lagged returns against current returns
Autocorrelation, which is Highpeak 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 Highpeak Energy's stock expected returns. We can calculate the autocorrelation of Highpeak Energy returns to help us make a trade decision. For example, suppose you find that Highpeak 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 |
Highpeak 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 Highpeak Energy stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Highpeak Energy stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Highpeak Energy stock over time.
Current vs Lagged Prices |
| Timeline |
Highpeak Energy Lagged Returns
When evaluating Highpeak Energy's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Highpeak Energy stock have on its future price. Highpeak 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, Highpeak Energy autocorrelation shows the relationship between Highpeak Energy stock current value and its past values and can show if there is a momentum factor associated with investing in Highpeak Energy Acquisition.
Regressed Prices |
| Timeline |
Building efficient market-beating portfolios requires time, education, and a lot of computing power!
The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.
Try AI Portfolio ArchitectCheck out Highpeak Energy Correlation, Highpeak Energy Volatility and Highpeak Energy Alpha and Beta module to complement your research on Highpeak Energy. For more information on how to buy Highpeak Stock please use our How to buy in Highpeak Stock guide.You can also try the Latest Portfolios module to quick portfolio dashboard that showcases your latest portfolios.
Highpeak Energy technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.