Pharos Energy Plc Stock Market Value
| SOCLF Stock | USD 0.25 0.00 0.00% |
| Symbol | Pharos |
Pharos 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 Pharos Energy'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 Pharos Energy.
| 12/05/2022 |
| 11/24/2024 |
If you would invest 0.00 in Pharos Energy on December 5, 2022 and sell it all today you would earn a total of 0.00 from holding Pharos Energy plc or generate 0.0% return on investment in Pharos Energy over 720 days. Pharos Energy is related to or competes with Permian Resources, Devon Energy, EOG Resources, Coterra Energy, Diamondback Energy, and ConocoPhillips. Pharos Energy plc engages in the exploration, development, and production of oil and gas properties More
Pharos 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 Pharos Energy'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 Pharos Energy plc upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.19) | |||
| Maximum Drawdown | 22.69 |
Pharos Energy Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Pharos Energy's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Pharos Energy's standard deviation. In reality, there are many statistical measures that can use Pharos Energy historical prices to predict the future Pharos Energy's volatility.| Risk Adjusted Performance | (0.10) | |||
| Jensen Alpha | (0.36) | |||
| Total Risk Alpha | (0.81) | |||
| Treynor Ratio | 1.42 |
Pharos Energy plc Backtested Returns
Pharos Energy plc maintains Sharpe Ratio (i.e., Efficiency) of -0.1, which implies the firm had a -0.1% return per unit of risk over the last 3 months. Pharos Energy plc exposes seventeen different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Pharos Energy's Coefficient Of Variation of (698.26), variance of 7.06, and Risk Adjusted Performance of (0.10) to confirm the risk estimate we provide. The company holds a Beta of -0.28, which implies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Pharos Energy are expected to decrease at a much lower rate. During the bear market, Pharos Energy is likely to outperform the market. At this point, Pharos Energy plc has a negative expected return of -0.25%. Please make sure to check Pharos Energy's information ratio, as well as the relationship between the kurtosis and relative strength index , to decide if Pharos Energy plc performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.19 |
Very weak predictability
Pharos Energy plc has very weak predictability. Overlapping area represents the amount of predictability between Pharos Energy time series from 5th of December 2022 to 30th of November 2023 and 30th of November 2023 to 24th 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 Pharos Energy plc price movement. The serial correlation of 0.19 indicates that over 19.0% of current Pharos Energy price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.19 | |
| Spearman Rank Test | -0.01 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Pharos Energy plc lagged returns against current returns
Autocorrelation, which is Pharos Energy 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 Pharos Energy's pink sheet expected returns. We can calculate the autocorrelation of Pharos Energy returns to help us make a trade decision. For example, suppose you find that Pharos Energy 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 |
Pharos 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 Pharos Energy pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Pharos Energy pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Pharos Energy pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Pharos Energy Lagged Returns
When evaluating Pharos Energy's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Pharos Energy pink sheet have on its future price. Pharos 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, Pharos Energy autocorrelation shows the relationship between Pharos Energy pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Pharos Energy plc.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Pharos Pink Sheet
Pharos Energy financial ratios help investors to determine whether Pharos 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 Pharos with respect to the benefits of owning Pharos Energy security.