Hellenic OTC Stock Market Value

Hellenic Petroleum's market value is the price at which a share of Hellenic Petroleum stock trades on a public exchange. It measures the collective expectations of Hellenic Petroleum SA investors about the entity's future performance. With this module, you can estimate the performance of a buy and hold strategy of Hellenic Petroleum SA and determine expected loss or profit from investing in Hellenic Petroleum over a given investment horizon. Check out Risk vs Return Analysis.
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The market value of Hellenic Petroleum is measured differently than its book value, which is the value of Hellenic that is recorded on the company's balance sheet. Investors also form their own opinion of Hellenic Petroleum's value that differs from its market value or its book value, called intrinsic value, which is Hellenic 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 Hellenic Petroleum's market value can be influenced by many factors that don't directly affect Hellenic Petroleum underlying business (such as pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Hellenic Petroleum's value and its price as these two are different measures arrived at by different means. Investors typically determine Hellenic Petroleum value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Hellenic 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.

Hellenic 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 Hellenic Petroleum's otc 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 Hellenic Petroleum.
0.00
10/28/2019
No Change 0.00  0.0 
In 1 year 11 months and 22 days
10/17/2021
0.00
If you would invest  0.00  in Hellenic Petroleum on October 28, 2019 and sell it all today you would earn a total of 0.00 from holding Hellenic Petroleum SA or generate 0.0% return on investment in Hellenic Petroleum over 720 days. Hellenic Petroleum S.A., together with its subsidiaries, operates in the energy sector primarily in Greece, South Easter...

Hellenic 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 Hellenic Petroleum's otc 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 Hellenic Petroleum SA upside and downside potential and time the market with a certain degree of confidence.

Hellenic Petroleum Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Hellenic Petroleum's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Hellenic Petroleum's standard deviation. In reality, there are many statistical measures that can use Hellenic Petroleum historical prices to predict the future Hellenic Petroleum's volatility.
Sophisticated investors, who have witnessed many market ups and downs, frequently view the market will even out over time. This tendency of Hellenic Petroleum'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. Please use the tools below to analyze the current value of Hellenic Petroleum in the context of predictive analytics.
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Intrinsic
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LowReal ValueHigh
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Naive
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LowNext ValueHigh
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Bollinger
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Please note, it is not enough to conduct a financial or market analysis of a single entity such as Hellenic Petroleum. Your research has to be compared to or analyzed against Hellenic Petroleum's peers to derive any actionable benefits. When done correctly, Hellenic Petroleum's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy towards taking a position in Hellenic Petroleum.

Hellenic Petroleum Backtested Returns

Our standpoint towards determining the volatility of a stock is to use all available market data together with stock-specific technical indicators that cannot be diversified away. We have found twenty-one technical indicators for Hellenic Petroleum, which you can use to evaluate the future volatility of the firm. Please check out Hellenic Petroleum to validate if the risk estimate we provide is consistent with the expected return of 0.0%.
The company retains a Market Volatility (i.e., Beta) of 0.0, which attests to not very significant fluctuations relative to the market. Let's try to break down what Hellenic's beta means in this case. the returns on MARKET and Hellenic Petroleum are completely uncorrelated. Although it is extremely important to respect Hellenic Petroleum current price history, it is better to be realistic regarding the information on equity current price movements. The philosophy towards determining future performance of any stock is to evaluate the business as a whole together with its past performance, including all available fundamental and technical indicators. By evaluating Hellenic Petroleum technical indicators, you can presently evaluate if the expected return of 0.0% will be sustainable into the future. Hellenic Petroleum right now retains a risk of 0.0%. Please check out Hellenic Petroleum jensen alpha, as well as the relationship between the potential upside and skewness to decide if Hellenic Petroleum will be following its current trending patterns.
AdviceVolatility TrendExposureCorrelations

Auto-correlation

    
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No correlation between past and present

Hellenic Petroleum SA has no correlation between past and present. Overlapping area represents the amount of predictability between Hellenic Petroleum time series from 28th of October 2019 to 22nd of October 2020 and 22nd of October 2020 to 17th of October 2021. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Hellenic Petroleum price movement. The serial correlation of 0.0 indicates that just 0.0% of current Hellenic Petroleum price fluctuation can be explain by its past prices.
Correlation Coefficient0.0
Spearman Rank Test0.0
Residual Average0.0
Price Variance0.0

Hellenic Petroleum lagged returns against current returns

Autocorrelation, which is Hellenic Petroleum otc 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 Hellenic Petroleum's otc stock expected returns. We can calculate the autocorrelation of Hellenic Petroleum returns to help us make a trade decision. For example, suppose you find that Hellenic Petroleum otc stock 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 stock movement to match the lagging time series.
 Current and Lagged Values 
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Hellenic 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 Hellenic Petroleum otc stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Hellenic Petroleum otc stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Hellenic Petroleum otc stock over time.
 Current vs Lagged Prices 
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Hellenic Petroleum Lagged Returns

When evaluating Hellenic Petroleum's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Hellenic Petroleum otc stock have on its future price. Hellenic 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, Hellenic Petroleum autocorrelation shows the relationship between Hellenic Petroleum otc stock current value and its past values and can show if there is a momentum factor associated with investing in Hellenic Petroleum SA.
 Regressed Prices 
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Hellenic Petroleum Investors Sentiment

The influence of Hellenic Petroleum's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Hellenic. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock markets does not have a solid backing from leading economists and market statisticians.

Current Sentiment - HLPMF

Hellenic Petroleum Investor Sentiment

Macroaxis portfolio users are indifferent in their judgment towards investing in Hellenic Petroleum SA. What is your judgment towards investing in Hellenic Petroleum SA? Are you bullish or bearish?
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Please check Hellenic Petroleum Hype Analysis, Hellenic Petroleum Correlation, Hellenic Petroleum Valuation, Hellenic Petroleum Volatility, as well as analyze Hellenic Petroleum Alpha and Beta and Hellenic Petroleum Performance. Note that the Hellenic Petroleum information on this page should be used as a complementary analysis to other Hellenic Petroleum's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Portfolio File Import module to quickly import all of your third-party portfolios from your local drive in csv format.

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When running Hellenic Petroleum price analysis, check to measure Hellenic Petroleum'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 Hellenic Petroleum is operating at the current time. Most of Hellenic Petroleum's value examination focuses on studying past and present price action to predict the probability of Hellenic Petroleum's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Hellenic Petroleum's price. Additionally, you may evaluate how the addition of Hellenic Petroleum to your portfolios can decrease your overall portfolio volatility.
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Hellenic Petroleum technical otc 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.
A focus of Hellenic Petroleum technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Hellenic Petroleum trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...