Ignis Petroleum Group Stock Market Value
| IGPG Stock | USD 0.0001 0.00 0.00% |
| Symbol | Ignis |
Ignis Petroleum Group Price To Book Ratio
Is Oil & Gas E&P 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 Ignis Petroleum. If investors know Ignis 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 Ignis Petroleum listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Ignis Petroleum Group is measured differently than its book value, which is the value of Ignis that is recorded on the company's balance sheet. Investors also form their own opinion of Ignis Petroleum's value that differs from its market value or its book value, called intrinsic value, which is Ignis Petroleum'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 Ignis Petroleum's market value can be influenced by many factors that don't directly affect Ignis Petroleum'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 Ignis Petroleum's value and its price as these two are different measures arrived at by different means. Investors typically determine if Ignis Petroleum is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Ignis Petroleum'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.
Ignis Petroleum '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 Ignis Petroleum'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 Ignis Petroleum.
| 11/27/2025 |
| 12/27/2025 |
If you would invest 0.00 in Ignis Petroleum on November 27, 2025 and sell it all today you would earn a total of 0.00 from holding Ignis Petroleum Group or generate 0.0% return on investment in Ignis Petroleum over 30 days. Ignis Petroleum is related to or competes with XXL Energy. Ignis Petroleum Group, Inc. engages in the exploration, development, and production of crude oil and natural gas propert... More
Ignis Petroleum 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 Ignis Petroleum'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 Ignis Petroleum Group upside and downside potential and time the market with a certain degree of confidence.
Ignis Petroleum Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Ignis Petroleum's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Ignis Petroleum's standard deviation. In reality, there are many statistical measures that can use Ignis Petroleum historical prices to predict the future Ignis Petroleum's volatility.Ignis Petroleum Group Backtested Returns
Ignis Petroleum is out of control given 3 months investment horizon. Ignis Petroleum Group holds Efficiency (Sharpe) Ratio of 0.16, which attests that the entity had a 0.16 % return per unit of risk over the last 3 months. We were able to interpolate data for five different technical indicators, which can help you to evaluate if expected returns of 28.13% are justified by taking the suggested risk. Use Ignis Petroleum Group Rate Of Daily Change of 9223372 T, daily balance of power of 9.2 T, and Price Action Indicator of 1.0E-4 to evaluate company specific risk that cannot be diversified away. Ignis Petroleum holds a performance score of 12 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 Ignis Petroleum are completely uncorrelated. Use Ignis Petroleum Group rate of daily change , to analyze future returns on Ignis Petroleum Group.
Auto-correlation | 0.00 |
No correlation between past and present
Ignis Petroleum Group has no correlation between past and present. Overlapping area represents the amount of predictability between Ignis Petroleum time series from 27th of November 2025 to 12th of December 2025 and 12th of December 2025 to 27th of December 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Ignis Petroleum Group price movement. The serial correlation of 0.0 indicates that just 0.0% of current Ignis Petroleum 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 |
Ignis Petroleum Group lagged returns against current returns
Autocorrelation, which is Ignis Petroleum 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 Ignis Petroleum's stock expected returns. We can calculate the autocorrelation of Ignis Petroleum returns to help us make a trade decision. For example, suppose you find that Ignis Petroleum 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 |
Ignis Petroleum 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 Ignis Petroleum stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Ignis Petroleum stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Ignis Petroleum stock over time.
Current vs Lagged Prices |
| Timeline |
Ignis Petroleum Lagged Returns
When evaluating Ignis Petroleum's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Ignis Petroleum stock have on its future price. Ignis Petroleum 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, Ignis Petroleum autocorrelation shows the relationship between Ignis Petroleum stock current value and its past values and can show if there is a momentum factor associated with investing in Ignis Petroleum Group.
Regressed Prices |
| Timeline |
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Check out Ignis Petroleum Correlation, Ignis Petroleum Volatility and Ignis Petroleum Alpha and Beta module to complement your research on Ignis Petroleum. You can also try the Equity Valuation module to check real value of public entities based on technical and fundamental data.
Ignis Petroleum 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.