Marine Petroleum Trust Stock Market Value
| MARPS Stock | USD 3.89 0.06 1.52% |
| Symbol | Marine |
Marine Petroleum Trust 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 Marine Petroleum. If investors know Marine 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 Marine Petroleum 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 (0.47) | Earnings Share 0.37 | Revenue Per Share 0.564 | Quarterly Revenue Growth (0.18) | Return On Assets 0.5422 |
The market value of Marine Petroleum Trust is measured differently than its book value, which is the value of Marine that is recorded on the company's balance sheet. Investors also form their own opinion of Marine Petroleum's value that differs from its market value or its book value, called intrinsic value, which is Marine 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 Marine Petroleum's market value can be influenced by many factors that don't directly affect Marine 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 Marine Petroleum's value and its price as these two are different measures arrived at by different means. Investors typically determine if Marine Petroleum is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Marine 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.
Marine 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 Marine 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 Marine Petroleum.
| 10/22/2024 |
| 11/21/2024 |
If you would invest 0.00 in Marine Petroleum on October 22, 2024 and sell it all today you would earn a total of 0.00 from holding Marine Petroleum Trust or generate 0.0% return on investment in Marine Petroleum over 30 days. Marine Petroleum is related to or competes with GasLog Partners, GasLog Partners, Brooge Holdings, Dynagas LNG, Dynagas LNG, Martin Midstream, and AltaGas. Marine Petroleum Trust, together with its subsidiary, Marine Petroleum Corporation, operates as a royalty trust in the U... More
Marine 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 Marine 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 Marine Petroleum Trust upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.33 | |||
| Information Ratio | (0.04) | |||
| Maximum Drawdown | 12.25 | |||
| Value At Risk | (3.65) | |||
| Potential Upside | 3.28 |
Marine Petroleum Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Marine Petroleum's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Marine Petroleum's standard deviation. In reality, there are many statistical measures that can use Marine Petroleum historical prices to predict the future Marine Petroleum's volatility.| Risk Adjusted Performance | 0.0083 | |||
| Jensen Alpha | (0.04) | |||
| Total Risk Alpha | (0.26) | |||
| Sortino Ratio | (0.04) | |||
| Treynor Ratio | (0.01) |
Marine Petroleum Trust Backtested Returns
Marine Petroleum Trust has Sharpe Ratio of -0.0102, which conveys that the firm had a -0.0102% return per unit of risk over the last 3 months. Marine Petroleum exposes thirty different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Marine Petroleum's Mean Deviation of 1.65, risk adjusted performance of 0.0083, and Downside Deviation of 2.33 to check out the risk estimate we provide. The company secures a Beta (Market Risk) of 0.38, which conveys possible diversification benefits within a given portfolio. As returns on the market increase, Marine Petroleum's returns are expected to increase less than the market. However, during the bear market, the loss of holding Marine Petroleum is expected to be smaller as well. At this point, Marine Petroleum Trust has a negative expected return of -0.0228%. Please make sure to verify Marine Petroleum's potential upside, as well as the relationship between the accumulation distribution and price action indicator , to decide if Marine Petroleum Trust performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.37 |
Below average predictability
Marine Petroleum Trust has below average predictability. Overlapping area represents the amount of predictability between Marine Petroleum time series from 22nd of October 2024 to 6th of November 2024 and 6th of November 2024 to 21st 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 Marine Petroleum Trust price movement. The serial correlation of 0.37 indicates that just about 37.0% of current Marine Petroleum price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.37 | |
| Spearman Rank Test | -0.01 | |
| Residual Average | 0.0 | |
| Price Variance | 0.01 |
Marine Petroleum Trust lagged returns against current returns
Autocorrelation, which is Marine 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 Marine Petroleum's stock expected returns. We can calculate the autocorrelation of Marine Petroleum returns to help us make a trade decision. For example, suppose you find that Marine 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 |
Marine 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 Marine Petroleum stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Marine Petroleum stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Marine Petroleum stock over time.
Current vs Lagged Prices |
| Timeline |
Marine Petroleum Lagged Returns
When evaluating Marine Petroleum's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Marine Petroleum stock have on its future price. Marine 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, Marine Petroleum autocorrelation shows the relationship between Marine Petroleum stock current value and its past values and can show if there is a momentum factor associated with investing in Marine Petroleum Trust.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Additional Tools for Marine Stock Analysis
When running Marine Petroleum's price analysis, check to measure Marine Petroleum'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 Marine Petroleum is operating at the current time. Most of Marine Petroleum's value examination focuses on studying past and present price action to predict the probability of Marine Petroleum's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Marine Petroleum's price. Additionally, you may evaluate how the addition of Marine Petroleum to your portfolios can decrease your overall portfolio volatility.