Pancontinental Oil Gas Stock Market Value
| PCOGF Stock | USD 0.01 0 12.50% |
| Symbol | Pancontinental |
Pancontinental Oil '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 Pancontinental Oil's pink sheet 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 Pancontinental Oil.
| 12/08/2022 |
| 11/27/2024 |
If you would invest 0.00 in Pancontinental Oil on December 8, 2022 and sell it all today you would earn a total of 0.00 from holding Pancontinental Oil Gas or generate 0.0% return on investment in Pancontinental Oil over 720 days. Pancontinental Oil is related to or competes with Kiwetinohk Energy, Eco (Atlantic), Kelt Exploration, and Coelacanth Energy. Pancontinental Energy NL explores for oil and gas properties in Australia, Namibia, and Kenya More
Pancontinental Oil 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 Pancontinental Oil's pink sheet 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 Pancontinental Oil Gas upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 20.3 | |||
| Information Ratio | 0.0556 | |||
| Maximum Drawdown | 70.0 | |||
| Value At Risk | (20.00) | |||
| Potential Upside | 31.25 |
Pancontinental Oil Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Pancontinental Oil's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Pancontinental Oil's standard deviation. In reality, there are many statistical measures that can use Pancontinental Oil historical prices to predict the future Pancontinental Oil's volatility.| Risk Adjusted Performance | 0.0594 | |||
| Jensen Alpha | 1.06 | |||
| Total Risk Alpha | (1.24) | |||
| Sortino Ratio | 0.0365 | |||
| Treynor Ratio | (0.51) |
Pancontinental Oil Gas Backtested Returns
Pancontinental Oil appears to be out of control, given 3 months investment horizon. Pancontinental Oil Gas maintains Sharpe Ratio (i.e., Efficiency) of 0.0653, which implies the firm had a 0.0653% return per unit of risk over the last 3 months. By analyzing Pancontinental Oil's technical indicators, you can evaluate if the expected return of 0.87% is justified by implied risk. Please evaluate Pancontinental Oil's Risk Adjusted Performance of 0.0594, coefficient of variation of 1530.4, and Semi Deviation of 9.67 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Pancontinental Oil holds a performance score of 5. The company holds a Beta of -1.68, which implies a somewhat significant risk relative to the market. As returns on the market increase, returns on owning Pancontinental Oil are expected to decrease by larger amounts. On the other hand, during market turmoil, Pancontinental Oil is expected to outperform it. Please check Pancontinental Oil's semi variance, day median price, and the relationship between the value at risk and kurtosis , to make a quick decision on whether Pancontinental Oil's historical price patterns will revert.
Auto-correlation | -0.23 |
Weak reverse predictability
Pancontinental Oil Gas has weak reverse predictability. Overlapping area represents the amount of predictability between Pancontinental Oil time series from 8th of December 2022 to 3rd of December 2023 and 3rd of December 2023 to 27th 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 Pancontinental Oil Gas price movement. The serial correlation of -0.23 indicates that over 23.0% of current Pancontinental Oil price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.23 | |
| Spearman Rank Test | -0.24 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Pancontinental Oil Gas lagged returns against current returns
Autocorrelation, which is Pancontinental Oil pink sheet'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 Pancontinental Oil's pink sheet expected returns. We can calculate the autocorrelation of Pancontinental Oil returns to help us make a trade decision. For example, suppose you find that Pancontinental Oil has exhibited high autocorrelation historically, and you observe that the pink sheet 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 |
Pancontinental Oil 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 Pancontinental Oil pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Pancontinental Oil pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Pancontinental Oil pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Pancontinental Oil Lagged Returns
When evaluating Pancontinental Oil's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Pancontinental Oil pink sheet have on its future price. Pancontinental Oil 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, Pancontinental Oil autocorrelation shows the relationship between Pancontinental Oil pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Pancontinental Oil Gas.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Pancontinental Pink Sheet
Pancontinental Oil financial ratios help investors to determine whether Pancontinental Pink Sheet 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 Pancontinental with respect to the benefits of owning Pancontinental Oil security.