North West Oil Group Stock Market Value
| NWOL Stock | USD 0.0001 0.00 0.00% |
| Symbol | North |
Is Specialty Business Services 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 North West. If investors know North 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 North West 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 North West Oil is measured differently than its book value, which is the value of North that is recorded on the company's balance sheet. Investors also form their own opinion of North West's value that differs from its market value or its book value, called intrinsic value, which is North West'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 North West's market value can be influenced by many factors that don't directly affect North West'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 North West's value and its price as these two are different measures arrived at by different means. Investors typically determine if North West is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, North West'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.
North West '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 North West'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 North West.
| 07/01/2025 |
| 12/28/2025 |
If you would invest 0.00 in North West on July 1, 2025 and sell it all today you would earn a total of 0.00 from holding North West Oil Group or generate 0.0% return on investment in North West over 180 days. North West is related to or competes with XXL Energy. North-West Oil Group Inc., a development stage company, engages in the exploration, production, and sale of oil and gas,... More
North West 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 North West'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 North West Oil Group upside and downside potential and time the market with a certain degree of confidence.
North West Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for North West's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as North West's standard deviation. In reality, there are many statistical measures that can use North West historical prices to predict the future North West's volatility.North West Oil Backtested Returns
We have found three technical indicators for North West, which you can use to evaluate the volatility of the firm. The company secures a Beta (Market Risk) of 0.0, which conveys not very significant fluctuations relative to the market. the returns on MARKET and North West are completely uncorrelated.
Auto-correlation | 0.00 |
No correlation between past and present
North West Oil Group has no correlation between past and present. Overlapping area represents the amount of predictability between North West time series from 1st of July 2025 to 29th of September 2025 and 29th of September 2025 to 28th 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 North West Oil price movement. The serial correlation of 0.0 indicates that just 0.0% of current North West 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 |
North West Oil lagged returns against current returns
Autocorrelation, which is North West 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 North West's stock expected returns. We can calculate the autocorrelation of North West returns to help us make a trade decision. For example, suppose you find that North West 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 |
North West 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 North West stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if North West stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in North West stock over time.
Current vs Lagged Prices |
| Timeline |
North West Lagged Returns
When evaluating North West's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of North West stock have on its future price. North West 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, North West autocorrelation shows the relationship between North West stock current value and its past values and can show if there is a momentum factor associated with investing in North West Oil Group.
Regressed Prices |
| Timeline |
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North West 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.