Koil Energy Solutions Stock Market Value
| KLNG Stock | 1.88 0.02 1.08% |
| Symbol | Koil |
Koil 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 Koil Energy's otc 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 Koil Energy.
| 06/08/2023 |
| 11/29/2024 |
If you would invest 0.00 in Koil Energy on June 8, 2023 and sell it all today you would earn a total of 0.00 from holding Koil Energy Solutions or generate 0.0% return on investment in Koil Energy over 540 days. Koil Energy is related to or competes with Expro Group, ChampionX, Ranger Energy, Cactus, MRC Global, Bristow, and Oil States. More
Koil 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 Koil Energy's otc 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 Koil Energy Solutions upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 5.29 | |||
| Information Ratio | 0.1103 | |||
| Maximum Drawdown | 24.04 | |||
| Value At Risk | (8.12) | |||
| Potential Upside | 10.34 |
Koil Energy Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Koil Energy's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Koil Energy's standard deviation. In reality, there are many statistical measures that can use Koil Energy historical prices to predict the future Koil Energy's volatility.| Risk Adjusted Performance | 0.1108 | |||
| Jensen Alpha | 0.5794 | |||
| Total Risk Alpha | (0.10) | |||
| Sortino Ratio | 0.113 | |||
| Treynor Ratio | 0.6143 |
Koil Energy Solutions Backtested Returns
Koil Energy appears to be dangerous, given 3 months investment horizon. Koil Energy Solutions has Sharpe Ratio of 0.14, which conveys that the firm had a 0.14% return per unit of risk over the last 3 months. By analyzing Koil Energy's technical indicators, you can evaluate if the expected return of 0.76% is justified by implied risk. Please exercise Koil Energy's Downside Deviation of 5.29, risk adjusted performance of 0.1108, and Mean Deviation of 4.05 to check out if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Koil Energy holds a performance score of 10. The company secures a Beta (Market Risk) of 1.16, which conveys 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, Koil Energy will likely underperform. Please check Koil Energy's total risk alpha, expected short fall, price action indicator, as well as the relationship between the value at risk and daily balance of power , to make a quick decision on whether Koil Energy's current price movements will revert.
Auto-correlation | -0.38 |
Poor reverse predictability
Koil Energy Solutions has poor reverse predictability. Overlapping area represents the amount of predictability between Koil Energy time series from 8th of June 2023 to 4th of March 2024 and 4th of March 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 Koil Energy Solutions price movement. The serial correlation of -0.38 indicates that just about 38.0% of current Koil Energy price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.38 | |
| Spearman Rank Test | -0.29 | |
| Residual Average | 0.0 | |
| Price Variance | 0.19 |
Koil Energy Solutions lagged returns against current returns
Autocorrelation, which is Koil Energy otc 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 Koil Energy's otc stock expected returns. We can calculate the autocorrelation of Koil Energy returns to help us make a trade decision. For example, suppose you find that Koil Energy has exhibited high autocorrelation historically, and you observe that the otc 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 |
Koil 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 Koil Energy otc stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Koil Energy otc stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Koil Energy otc stock over time.
Current vs Lagged Prices |
| Timeline |
Koil Energy Lagged Returns
When evaluating Koil Energy's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Koil Energy otc stock have on its future price. Koil 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, Koil Energy autocorrelation shows the relationship between Koil Energy otc stock current value and its past values and can show if there is a momentum factor associated with investing in Koil Energy Solutions.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Koil OTC Stock
Koil Energy financial ratios help investors to determine whether Koil OTC 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 Koil with respect to the benefits of owning Koil Energy security.