Sinopec Oilfield's market value is the price at which a share of Sinopec Oilfield trades on a public exchange. It measures the collective expectations of Sinopec Oilfield Service investors about its performance. Sinopec Oilfield is trading at 0.082 as of the 24th of July 2025. This is a 3.53% down since the beginning of the trading day. The stock's lowest day price was 0.082. With this module, you can estimate the performance of a buy and hold strategy of Sinopec Oilfield Service and determine expected loss or profit from investing in Sinopec Oilfield over a given investment horizon. Check out Sinopec Oilfield Correlation, Sinopec Oilfield Volatility and Sinopec Oilfield Alpha and Beta module to complement your research on Sinopec Oilfield.
Please note, there is a significant difference between Sinopec Oilfield's value and its price as these two are different measures arrived at by different means. Investors typically determine if Sinopec Oilfield is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Sinopec Oilfield'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.
Sinopec Oilfield '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 Sinopec Oilfield'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 Sinopec Oilfield.
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04/25/2025
No Change 0.00
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In 2 months and 31 days
07/24/2025
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If you would invest 0.00 in Sinopec Oilfield on April 25, 2025 and sell it all today you would earn a total of 0.00 from holding Sinopec Oilfield Service or generate 0.0% return on investment in Sinopec Oilfield over 90 days. Sinopec Oilfield is related to or competes with THRACE PLASTICS, Scandinavian Tobacco, Transportadora, Broadridge Financial, COPLAND ROAD, Compagnie Plastic, and NEWELL RUBBERMAID. Sinopec Oilfield Service Corporation provides petroleum engineering and technical services in the Peoples Republic of Ch... More
Sinopec Oilfield 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 Sinopec Oilfield'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 Sinopec Oilfield Service upside and downside potential and time the market with a certain degree of confidence.
Today, many novice investors tend to focus exclusively on investment returns with little concern for Sinopec Oilfield's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Sinopec Oilfield's standard deviation. In reality, there are many statistical measures that can use Sinopec Oilfield historical prices to predict the future Sinopec Oilfield's volatility.
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Sinopec Oilfield. Your research has to be compared to or analyzed against Sinopec Oilfield's peers to derive any actionable benefits. When done correctly, Sinopec Oilfield's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Sinopec Oilfield Service.
Sinopec Oilfield Service Backtested Returns
Sinopec Oilfield is out of control given 3 months investment horizon. Sinopec Oilfield Service owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0991, which indicates the firm had a 0.0991 % return per unit of risk over the last 3 months. We were able to analyze twenty-eight different technical indicators, which can help you to evaluate if expected returns of 1.16% are justified by taking the suggested risk. Use Sinopec Oilfield Service Coefficient Of Variation of 981.38, semi deviation of 8.05, and Risk Adjusted Performance of 0.0999 to evaluate company specific risk that cannot be diversified away. Sinopec Oilfield holds a performance score of 7 on a scale of zero to a hundred. The entity has a beta of 0.54, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, Sinopec Oilfield's returns are expected to increase less than the market. However, during the bear market, the loss of holding Sinopec Oilfield is expected to be smaller as well. Use Sinopec Oilfield Service treynor ratio, value at risk, and the relationship between the sortino ratio and maximum drawdown , to analyze future returns on Sinopec Oilfield Service.
Auto-correlation
-0.08
Very weak reverse predictability
Sinopec Oilfield Service has very weak reverse predictability. Overlapping area represents the amount of predictability between Sinopec Oilfield time series from 25th of April 2025 to 9th of June 2025 and 9th of June 2025 to 24th 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 Sinopec Oilfield Service price movement. The serial correlation of -0.08 indicates that barely 8.0% of current Sinopec Oilfield price fluctuation can be explain by its past prices.
Correlation Coefficient
-0.08
Spearman Rank Test
0.28
Residual Average
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Price Variance
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Sinopec Oilfield Service lagged returns against current returns
Autocorrelation, which is Sinopec Oilfield 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 Sinopec Oilfield's stock expected returns. We can calculate the autocorrelation of Sinopec Oilfield returns to help us make a trade decision. For example, suppose you find that Sinopec Oilfield 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
Sinopec Oilfield 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 Sinopec Oilfield stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Sinopec Oilfield stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Sinopec Oilfield stock over time.
Current vs Lagged Prices
Timeline
Sinopec Oilfield Lagged Returns
When evaluating Sinopec Oilfield's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Sinopec Oilfield stock have on its future price. Sinopec Oilfield 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, Sinopec Oilfield autocorrelation shows the relationship between Sinopec Oilfield stock current value and its past values and can show if there is a momentum factor associated with investing in Sinopec Oilfield Service.
Sinopec Oilfield financial ratios help investors to determine whether Sinopec Stock 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 Sinopec with respect to the benefits of owning Sinopec Oilfield security.