Oil Refineries Stock Market Value
| OILRF Stock | USD 0.26 0.02 7.14% |
| Symbol | Oil |
Oil Refineries '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 Oil Refineries' 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 Oil Refineries.
| 04/23/2025 |
| 07/22/2025 |
If you would invest 0.00 in Oil Refineries on April 23, 2025 and sell it all today you would earn a total of 0.00 from holding Oil Refineries or generate 0.0% return on investment in Oil Refineries over 90 days. Oil Refineries is related to or competes with CVR Energy, Valero Energy, Phillips, Marathon Petroleum, and Sunoco LP. Oil Refineries Ltd., together with its subsidiaries, produces and sells crude oil products in Israel and internationally More
Oil Refineries 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 Oil Refineries' 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 Oil Refineries upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 17.76 | |||
| Information Ratio | 0.0332 | |||
| Maximum Drawdown | 52.59 | |||
| Value At Risk | (16.13) | |||
| Potential Upside | 20.83 |
Oil Refineries Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Oil Refineries' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Oil Refineries' standard deviation. In reality, there are many statistical measures that can use Oil Refineries historical prices to predict the future Oil Refineries' volatility.| Risk Adjusted Performance | 0.0553 | |||
| Jensen Alpha | 0.6245 | |||
| Total Risk Alpha | (0.86) | |||
| Sortino Ratio | 0.0165 | |||
| Treynor Ratio | (0.30) |
Oil Refineries Backtested Returns
Oil Refineries appears to be out of control, given 3 months investment horizon. Oil Refineries maintains Sharpe Ratio (i.e., Efficiency) of 0.0388, which implies the firm had a 0.0388 % return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Oil Refineries, which you can use to evaluate the volatility of the company. Please evaluate Oil Refineries' Coefficient Of Variation of 2008.53, semi deviation of 6.42, and Risk Adjusted Performance of 0.0553 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Oil Refineries holds a performance score of 3. The company holds a Beta of -1.44, which implies a somewhat significant risk relative to the market. As returns on the market increase, returns on owning Oil Refineries are expected to decrease by larger amounts. On the other hand, during market turmoil, Oil Refineries is expected to outperform it. Please check Oil Refineries' sortino ratio and the relationship between the potential upside and day median price , to make a quick decision on whether Oil Refineries' historical price patterns will revert.
Auto-correlation | 0.07 |
Virtually no predictability
Oil Refineries has virtually no predictability. Overlapping area represents the amount of predictability between Oil Refineries time series from 23rd of April 2025 to 7th of June 2025 and 7th of June 2025 to 22nd of July 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 Oil Refineries price movement. The serial correlation of 0.07 indicates that barely 7.0% of current Oil Refineries price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.07 | |
| Spearman Rank Test | -0.35 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Oil Refineries lagged returns against current returns
Autocorrelation, which is Oil Refineries 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 Oil Refineries' pink sheet expected returns. We can calculate the autocorrelation of Oil Refineries returns to help us make a trade decision. For example, suppose you find that Oil Refineries 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 |
Oil Refineries 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 Oil Refineries pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Oil Refineries pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Oil Refineries pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Oil Refineries Lagged Returns
When evaluating Oil Refineries' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Oil Refineries pink sheet have on its future price. Oil Refineries 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, Oil Refineries autocorrelation shows the relationship between Oil Refineries pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Oil Refineries.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Oil Pink Sheet
Oil Refineries financial ratios help investors to determine whether Oil 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 Oil with respect to the benefits of owning Oil Refineries security.