Imperial Stock Market Value

IMO -  USA Stock  

USD 50.74  0.03  0.06%

Imperial Oil's market value is the price at which a share of Imperial Oil stock trades on a public exchange. It measures the collective expectations of Imperial Oil investors about the entity's future performance. With this module, you can estimate the performance of a buy and hold strategy of Imperial Oil and determine expected loss or profit from investing in Imperial Oil over a given investment horizon. Please see Imperial Oil Hype Analysis, Imperial Oil Correlation, Imperial Oil Valuation, Imperial Oil Volatility, as well as analyze Imperial Oil Alpha and Beta and Imperial Oil Performance.
Symbol
Backtest


Is Imperial Oil'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 Imperial Oil. If investors know Imperial 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 Imperial Oil listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Imperial Oil is measured differently than its book value, which is the value of Imperial that is recorded on the company's balance sheet. Investors also form their own opinion of Imperial Oil's value that differs from its market value or its book value, called intrinsic value, which is Imperial Oil'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 Imperial Oil's market value can be influenced by many factors that don't directly affect Imperial Oil'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 Imperial Oil's value and its price as these two are different measures arrived at by different means. Investors typically determine Imperial Oil value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Imperial Oil'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.

Imperial 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 Imperial 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 Imperial Oil.
0.00
05/28/2020
No Change 0.00  0.0 
In 1 year 11 months and 21 days
05/18/2022
0.00
If you would invest  0.00  in Imperial Oil on May 28, 2020 and sell it all today you would earn a total of 0.00 from holding Imperial Oil or generate 0.0% return on investment in Imperial Oil over 720 days. Imperial Oil is related to or competes with Cenovus Energy, Equinor ASA, BP Plc, Eni SPA, and Barnwell Industries. Imperial Oil Limited explores for, produces, and sells crude oil and natural gas in Canada

Imperial 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 Imperial 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 Imperial Oil upside and downside potential and time the market with a certain degree of confidence.

Imperial Oil Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Imperial Oil's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Imperial Oil's standard deviation. In reality, there are many statistical measures that can use Imperial Oil historical prices to predict the future Imperial Oil's volatility.
Sophisticated investors, who have witnessed many market ups and downs, frequently view the market will even out over time. This tendency of Imperial Oil'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 Imperial Oil in the context of predictive analytics.
Hype
Prediction
LowEstimated ValueHigh
48.2750.5252.77
Details
Intrinsic
Valuation
LowReal ValueHigh
46.8349.0851.33
Details
Naive
Forecast
LowNext ValueHigh
49.3251.5853.83
Details
9 Analysts
Consensus
LowTarget PriceHigh
37.6041.1947.00
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Imperial Oil. Your research has to be compared to or analyzed against Imperial Oil's peers to derive any actionable benefits. When done correctly, Imperial Oil'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 Imperial Oil.

Imperial Oil Backtested Returns

Imperial Oil appears to be very steady, given 3 months investment horizon. Imperial Oil holds Efficiency (Sharpe) Ratio of 0.11, which attests that the entity had 0.11% of return per unit of risk over the last 3 months. 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-eight technical indicators for Imperial Oil, which you can use to evaluate the future volatility of the firm. Please utilize Imperial Oil's Downside Deviation of 2.21, risk adjusted performance of 0.1301, and Market Risk Adjusted Performance of 0.4646 to validate if our risk estimates are consistent with your expectations.
On a scale of 0 to 100, Imperial Oil holds a performance score of 8. The company retains a Market Volatility (i.e., Beta) of 0.456, which attests to possible diversification benefits within a given portfolio. Let's try to break down what Imperial's beta means in this case. As returns on the market increase, Imperial Oil returns are expected to increase less than the market. However, during the bear market, the loss on holding Imperial Oil will be expected to be smaller as well. Although it is vital to follow Imperial Oil current price history, it is good to be conservative about what you can do with the information regarding 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 Imperial Oil technical indicators, you can presently evaluate if the expected return of 0.26% will be sustainable into the future. Please utilizes Imperial Oil maximum drawdown, as well as the relationship between the expected short fall and rate of daily change to make a quick decision on whether Imperial Oil current trending patterns will revert.

Auto-correlation

    
  0.86  

Very good predictability

Imperial Oil has very good predictability. Overlapping area represents the amount of predictability between Imperial Oil time series from 28th of May 2020 to 23rd of May 2021 and 23rd of May 2021 to 18th of May 2022. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Imperial Oil price movement. The serial correlation of 0.86 indicates that approximately 86.0% of current Imperial Oil price fluctuation can be explain by its past prices.
Correlation Coefficient0.86
Spearman Rank Test0.82
Residual Average0.0
Price Variance63.25

Imperial Oil lagged returns against current returns

Autocorrelation, which is Imperial 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 Imperial Oil's stock expected returns. We can calculate the autocorrelation of Imperial Oil returns to help us make a trade decision. For example, suppose you find that Imperial Oil 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 
Share
      Timeline 

Imperial 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 Imperial Oil stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Imperial Oil stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Imperial Oil stock over time.
 Current vs Lagged Prices 
Share
      Timeline 

Imperial Oil Lagged Returns

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

Be your own money manager

Our tools can tell you how much better you can do entering a position in Imperial Oil without increasing your portfolio risk or giving up expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate.risk-adjusted returns of your individual positions relative to your overall portfolio.

Did you try this?

Run Price Transformation Now

   

Price Transformation

Use Price Transformation models to analyze depth of different equity instruments across global markets
All  Next Launch Module

Becoming a Better Investor with Macroaxis

Macroaxis puts the power of mathematics on your side. We analyze your portfolios and positions such as Imperial Oil using complex mathematical models and algorithms, but make them easy to understand. There is no real person involved in your portfolio analysis. We perform a number of calculations to compute absolute and relative portfolio volatility, correlation between your assets, value at risk, expected return as well as over 100 different fundamental and technical indicators.

Build Optimal Portfolios

Align your risk with return expectations

Fix your portfolio
By capturing your risk tolerance and investment horizon Macroaxis technology of instant portfolio optimization will compute exactly how much risk is acceptable for your desired return expectations
Please see Imperial Oil Hype Analysis, Imperial Oil Correlation, Imperial Oil Valuation, Imperial Oil Volatility, as well as analyze Imperial Oil Alpha and Beta and Imperial Oil Performance. Note that the Imperial Oil information on this page should be used as a complementary analysis to other Imperial Oil'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 Bond Directory module to find actively traded corporate debentures issued by US companies.

Complementary Tools for Imperial Stock analysis

When running Imperial Oil price analysis, check to measure Imperial Oil'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 Imperial Oil is operating at the current time. Most of Imperial Oil's value examination focuses on studying past and present price action to predict the probability of Imperial Oil's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Imperial Oil's price. Additionally, you may evaluate how the addition of Imperial Oil to your portfolios can decrease your overall portfolio volatility.
Global Correlations
Find global opportunities by holding instruments from different markets
Go
Piotroski F Score
Get Piotroski F Score based on binary analysis strategy of nine different fundamentals
Go
Analyst Recommendations
Analyst recommendations and target price estimates broken down by several categories
Go
Crypto Correlations
Use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins
Go
Equity Search
Search for actively traded equities including funds and ETFs from over 30 global markets
Go
Commodity Channel Index
Use Commodity Channel Index to analyze current equity momentum
Go
Bond Directory
Find actively traded corporate debentures issued by US companies
Go
Shere Portfolio
Track or share privately all of your investments from the convenience of any device
Go
Bollinger Bands
Use Bollinger Bands indicator to analyze target price for a given investing horizon
Go
Imperial 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.
A focus of Imperial Oil technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Imperial Oil 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...