Exxon Mobil Corp Stock Market Value
| XOM Stock | USD 118.52 0.11 0.09% |
| Symbol | Exxon |
Exxon Mobil Corp Price To Book Ratio
Is Exxon's industry 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 Exxon. If investors know Exxon 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 Exxon listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.38) | Dividend Share 3.68 | Earnings Share 8.89 | Revenue Per Share 83.488 | Quarterly Revenue Growth (0.12) |
The market value of Exxon Mobil Corp is measured differently than its book value, which is the value of Exxon that is recorded on the company's balance sheet. Investors also form their own opinion of Exxon's value that differs from its market value or its book value, called intrinsic value, which is Exxon'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 Exxon's market value can be influenced by many factors that don't directly affect Exxon'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 Exxon's value and its price as these two are different measures arrived at by different means. Investors typically determine if Exxon is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Exxon'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.
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 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 Exxon.
| 04/24/2023 |
| 04/18/2024 |
If you would invest 0.00 in Exxon on April 24, 2023 and sell it all today you would earn a total of 0.00 from holding Exxon Mobil Corp or generate 0.0% return on investment in Exxon over 360 days. Exxon is related to or competes with Shell PLC, BP PLC, Suncor Energy, Petroleo Brasileiro, Chevron Corp, TotalEnergies, and Equinor ASA. Exxon Mobil Corporation explores for and produces crude oil and natural gas in the United States and internationally 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 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 Exxon Mobil Corp upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.9607 | |||
| Information Ratio | 0.2143 | |||
| Maximum Drawdown | 4.66 | |||
| Value At Risk | (1.40) | |||
| Potential Upside | 1.96 |
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 | 0.1726 | |||
| Jensen Alpha | 0.2444 | |||
| Total Risk Alpha | 0.194 | |||
| Sortino Ratio | 0.233 | |||
| Treynor Ratio | 0.4903 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Exxon's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Exxon Mobil Corp Backtested Returns
Exxon appears to be very steady, given 3 months investment horizon. Exxon Mobil Corp secures Sharpe Ratio (or Efficiency) of 0.34, which denotes the company had a 0.34% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Exxon Mobil Corp, which you can use to evaluate the volatility of the firm. Please utilize Exxon's Mean Deviation of 0.833, downside deviation of 0.9607, and Coefficient Of Variation of 373.93 to check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Exxon holds a performance score of 26. The firm shows a Beta (market volatility) of 0.55, which means possible diversification benefits within a given portfolio. As returns on the market increase, Exxon's returns are expected to increase less than the market. However, during the bear market, the loss of holding Exxon is expected to be smaller as well. Please check Exxon's maximum drawdown, skewness, as well as the relationship between the Skewness and day typical price , to make a quick decision on whether Exxon's price patterns will revert.
Auto-correlation | 0.66 |
Good predictability
Exxon Mobil Corp has good predictability. Overlapping area represents the amount of predictability between Exxon time series from 24th of April 2023 to 21st of October 2023 and 21st of October 2023 to 18th of April 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 Exxon Mobil Corp price movement. The serial correlation of 0.66 indicates that around 66.0% of current Exxon price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.66 | |
| Spearman Rank Test | 0.21 | |
| Residual Average | 0.0 | |
| Price Variance | 45.8 |
Exxon Mobil Corp lagged returns against current returns
Autocorrelation, which is Exxon 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 Exxon's stock 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 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 |
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 stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Exxon stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Exxon stock 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 stock 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 stock current value and its past values and can show if there is a momentum factor associated with investing in Exxon Mobil Corp.
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.When determining whether Exxon Mobil Corp is a strong investment it is important to analyze Exxon's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Exxon's future performance. For an informed investment choice regarding Exxon Stock, refer to the following important reports:Check out Exxon Correlation, Exxon Volatility and Exxon Alpha and Beta module to complement your research on Exxon. You can also try the Technical Analysis module to check basic technical indicators and analysis based on most latest market data.
Complementary Tools for Exxon Stock analysis
When running Exxon's price analysis, check to measure Exxon's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Exxon is operating at the current time. Most of Exxon's value examination focuses on studying past and present price action to predict the probability of Exxon's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Exxon's price. Additionally, you may evaluate how the addition of Exxon to your portfolios can decrease your overall portfolio volatility.
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Exxon 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.