Evolution Petroleum Stock Market Value
| EPM Stock | USD 5.53 0.11 1.95% |
| Symbol | Evolution |
Evolution Petroleum Price To Book Ratio
Is Oil & Gas Exploration & Production space 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 Evolution Petroleum. If investors know Evolution 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 Evolution Petroleum 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 (0.98) | Dividend Share 0.48 | Earnings Share 0.12 | Revenue Per Share 2.627 | Quarterly Revenue Growth 0.168 |
The market value of Evolution Petroleum is measured differently than its book value, which is the value of Evolution that is recorded on the company's balance sheet. Investors also form their own opinion of Evolution Petroleum's value that differs from its market value or its book value, called intrinsic value, which is Evolution Petroleum'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 Evolution Petroleum's market value can be influenced by many factors that don't directly affect Evolution Petroleum'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 Evolution Petroleum's value and its price as these two are different measures arrived at by different means. Investors typically determine if Evolution Petroleum is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Evolution Petroleum'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.
Evolution Petroleum '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 Evolution Petroleum'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 Evolution Petroleum.
| 09/11/2024 |
| 11/10/2024 |
If you would invest 0.00 in Evolution Petroleum on September 11, 2024 and sell it all today you would earn a total of 0.00 from holding Evolution Petroleum or generate 0.0% return on investment in Evolution Petroleum over 60 days. Evolution Petroleum is related to or competes with GeoPark, Granite Ridge, PHX Minerals, California Resources, Ring Energy, WT Offshore, and Gran Tierra. Evolution Petroleum Corporation, an energy company, engages in the development, production, ownership, and exploitation ... More
Evolution Petroleum 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 Evolution Petroleum'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 Evolution Petroleum upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.95 | |||
| Information Ratio | 0.0208 | |||
| Maximum Drawdown | 20.3 | |||
| Value At Risk | (2.93) | |||
| Potential Upside | 3.7 |
Evolution Petroleum Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Evolution Petroleum's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Evolution Petroleum's standard deviation. In reality, there are many statistical measures that can use Evolution Petroleum historical prices to predict the future Evolution Petroleum's volatility.| Risk Adjusted Performance | 0.0688 | |||
| Jensen Alpha | 0.0808 | |||
| Total Risk Alpha | (0.37) | |||
| Sortino Ratio | 0.0298 | |||
| Treynor Ratio | 0.2525 |
Evolution Petroleum Backtested Returns
As of now, Evolution Stock is somewhat reliable. Evolution Petroleum secures Sharpe Ratio (or Efficiency) of 0.07, which denotes the company had a 0.07% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Evolution Petroleum, which you can use to evaluate the volatility of the firm. Please confirm Evolution Petroleum's Coefficient Of Variation of 1234.1, mean deviation of 1.79, and Downside Deviation of 1.95 to check if the risk estimate we provide is consistent with the expected return of 0.19%. Evolution Petroleum has a performance score of 5 on a scale of 0 to 100. The firm shows a Beta (market volatility) of 0.86, which means possible diversification benefits within a given portfolio. Evolution Petroleum returns are very sensitive to returns on the market. As the market goes up or down, Evolution Petroleum is expected to follow. Evolution Petroleum right now shows a risk of 2.77%. Please confirm Evolution Petroleum semi variance, and the relationship between the treynor ratio and daily balance of power , to decide if Evolution Petroleum will be following its price patterns.
Auto-correlation | 0.24 |
Weak predictability
Evolution Petroleum has weak predictability. Overlapping area represents the amount of predictability between Evolution Petroleum time series from 11th of September 2024 to 11th of October 2024 and 11th of October 2024 to 10th 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 Evolution Petroleum price movement. The serial correlation of 0.24 indicates that over 24.0% of current Evolution Petroleum price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.24 | |
| Spearman Rank Test | -0.02 | |
| Residual Average | 0.0 | |
| Price Variance | 0.03 |
Evolution Petroleum lagged returns against current returns
Autocorrelation, which is Evolution Petroleum 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 Evolution Petroleum's stock expected returns. We can calculate the autocorrelation of Evolution Petroleum returns to help us make a trade decision. For example, suppose you find that Evolution Petroleum 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 |
Evolution Petroleum 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 Evolution Petroleum stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Evolution Petroleum stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Evolution Petroleum stock over time.
Current vs Lagged Prices |
| Timeline |
Evolution Petroleum Lagged Returns
When evaluating Evolution Petroleum's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Evolution Petroleum stock have on its future price. Evolution Petroleum 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, Evolution Petroleum autocorrelation shows the relationship between Evolution Petroleum stock current value and its past values and can show if there is a momentum factor associated with investing in Evolution Petroleum.
Regressed Prices |
| Timeline |
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Evolution Petroleum 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.