EXXON MOBIL P Market Value
| 30231GAN2 | 77.93 2.05 2.70% |
| Symbol | EXXON |
EXXON '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 EXXON's bond 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 EXXON.
| 01/01/2025 |
| 01/31/2025 |
If you would invest 0.00 in EXXON on January 1, 2025 and sell it all today you would earn a total of 0.00 from holding EXXON MOBIL P or generate 0.0% return on investment in EXXON over 30 days. EXXON is related to or competes with Sonida Senior, Peoples Insurance, Old Republic, Aquestive Therapeutics, Unum, Amgen, and Alignment Healthcare. More
EXXON 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 EXXON's bond 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 EXXON MOBIL P upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.01 | |||
| Information Ratio | (0.03) | |||
| Maximum Drawdown | 20.72 | |||
| Value At Risk | (2.95) | |||
| Potential Upside | 1.92 |
EXXON Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for EXXON's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as EXXON's standard deviation. In reality, there are many statistical measures that can use EXXON historical prices to predict the future EXXON's volatility.| Risk Adjusted Performance | 0.0131 | |||
| Jensen Alpha | 0.0217 | |||
| Total Risk Alpha | (0.26) | |||
| Sortino Ratio | (0.04) | |||
| Treynor Ratio | (0.07) |
EXXON MOBIL P Backtested Returns
EXXON MOBIL P secures Sharpe Ratio (or Efficiency) of -0.0725, which denotes the bond had a -0.0725 % return per unit of volatility over the last 3 months. EXXON MOBIL P exposes twenty-seven different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm EXXON's Mean Deviation of 1.18, market risk adjusted performance of (0.06), and Downside Deviation of 2.01 to check the risk estimate we provide. The bond shows a Beta (market volatility) of -0.13, which means not very significant fluctuations relative to the market. As returns on the market increase, returns on owning EXXON are expected to decrease at a much lower rate. During the bear market, EXXON is likely to outperform the market.
Auto-correlation | -0.3 |
Weak reverse predictability
EXXON MOBIL P has weak reverse predictability. Overlapping area represents the amount of predictability between EXXON time series from 1st of January 2025 to 16th of January 2025 and 16th of January 2025 to 31st of January 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 EXXON MOBIL P price movement. The serial correlation of -0.3 indicates that nearly 30.0% of current EXXON price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.3 | |
| Spearman Rank Test | -0.25 | |
| Residual Average | 0.0 | |
| Price Variance | 0.81 |
EXXON MOBIL P lagged returns against current returns
Autocorrelation, which is EXXON bond'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 EXXON's bond expected returns. We can calculate the autocorrelation of EXXON returns to help us make a trade decision. For example, suppose you find that EXXON has exhibited high autocorrelation historically, and you observe that the bond 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 |
EXXON 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 EXXON bond is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if EXXON bond is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in EXXON bond over time.
Current vs Lagged Prices |
| Timeline |
EXXON Lagged Returns
When evaluating EXXON's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of EXXON bond have on its future price. EXXON 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, EXXON autocorrelation shows the relationship between EXXON bond current value and its past values and can show if there is a momentum factor associated with investing in EXXON MOBIL P.
Regressed Prices |
| Timeline |
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Other Information on Investing in EXXON Bond
EXXON financial ratios help investors to determine whether EXXON Bond 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 EXXON with respect to the benefits of owning EXXON security.