Vista Oil (Mexico) Market Value
| VISTAA Stock | MXN 1,122 47.82 4.09% |
| Symbol | Vista |
Vista 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 Vista Oil'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 Vista Oil.
| 12/30/2022 |
| 12/19/2024 |
If you would invest 0.00 in Vista Oil on December 30, 2022 and sell it all today you would earn a total of 0.00 from holding Vista Oil Gas or generate 0.0% return on investment in Vista Oil over 720 days. Vista Oil is related to or competes with Applied Materials, Genworth Financial, First Republic, Hoteles City, First Majestic, Grupo Hotelero, and Ameriprise Financial. Vista Oil Gas, S.A.B. de C.V. operates as an oil and gas exploration and production company in Latin America More
Vista 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 Vista Oil'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 Vista Oil Gas upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 3.35 | |||
| Information Ratio | 0.0928 | |||
| Maximum Drawdown | 20.12 | |||
| Value At Risk | (4.09) | |||
| Potential Upside | 8.4 |
Vista Oil Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Vista Oil's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Vista Oil's standard deviation. In reality, there are many statistical measures that can use Vista Oil historical prices to predict the future Vista Oil's volatility.| Risk Adjusted Performance | 0.0877 | |||
| Jensen Alpha | 0.3802 | |||
| Total Risk Alpha | 0.2875 | |||
| Sortino Ratio | 0.1082 | |||
| Treynor Ratio | 6.1 |
Vista Oil Gas Backtested Returns
Vista Oil appears to be very steady, given 3 months investment horizon. Vista Oil Gas owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.11, which indicates the firm had a 0.11% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Vista Oil Gas, which you can use to evaluate the volatility of the company. Please review Vista Oil's Risk Adjusted Performance of 0.0877, coefficient of variation of 997.24, and Semi Deviation of 2.92 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Vista Oil holds a performance score of 8. The entity has a beta of 0.0625, which indicates not very significant fluctuations relative to the market. As returns on the market increase, Vista Oil's returns are expected to increase less than the market. However, during the bear market, the loss of holding Vista Oil is expected to be smaller as well. Please check Vista Oil's skewness, and the relationship between the potential upside and rate of daily change , to make a quick decision on whether Vista Oil's existing price patterns will revert.
Auto-correlation | 0.88 |
Very good predictability
Vista Oil Gas has very good predictability. Overlapping area represents the amount of predictability between Vista Oil time series from 30th of December 2022 to 25th of December 2023 and 25th of December 2023 to 19th of December 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 Vista Oil Gas price movement. The serial correlation of 0.88 indicates that approximately 88.0% of current Vista Oil price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.88 | |
| Spearman Rank Test | 0.93 | |
| Residual Average | 0.0 | |
| Price Variance | 31 K |
Vista Oil Gas lagged returns against current returns
Autocorrelation, which is Vista Oil 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 Vista Oil's stock expected returns. We can calculate the autocorrelation of Vista Oil returns to help us make a trade decision. For example, suppose you find that Vista Oil 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 |
Vista 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 Vista Oil stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Vista Oil stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Vista Oil stock over time.
Current vs Lagged Prices |
| Timeline |
Vista Oil Lagged Returns
When evaluating Vista Oil's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Vista Oil stock have on its future price. Vista 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, Vista Oil autocorrelation shows the relationship between Vista Oil stock current value and its past values and can show if there is a momentum factor associated with investing in Vista Oil Gas.
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.Additional Information and Resources on Investing in Vista Stock
When determining whether Vista Oil Gas is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Vista Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Vista Oil Gas Stock. Highlighted below are key reports to facilitate an investment decision about Vista Oil Gas Stock:Check out Vista Oil Correlation, Vista Oil Volatility and Vista Oil Alpha and Beta module to complement your research on Vista Oil. You can also try the Price Exposure Probability module to analyze equity upside and downside potential for a given time horizon across multiple markets.
Vista Oil 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.