PETROSEA (Germany) Market Value
| 2P0N Stock | 1.65 0.00 0.00% |
| Symbol | PETROSEA |
PETROSEA '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 PETROSEA'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 PETROSEA.
| 11/28/2024 |
| 12/28/2024 |
If you would invest 0.00 in PETROSEA on November 28, 2024 and sell it all today you would earn a total of 0.00 from holding PETROSEA or generate 0.0% return on investment in PETROSEA over 30 days.
PETROSEA 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 PETROSEA'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 PETROSEA upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 3.62 | |||
| Information Ratio | 0.2407 | |||
| Maximum Drawdown | 26.49 | |||
| Value At Risk | (5.00) | |||
| Potential Upside | 10.31 |
PETROSEA Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for PETROSEA's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as PETROSEA's standard deviation. In reality, there are many statistical measures that can use PETROSEA historical prices to predict the future PETROSEA's volatility.| Risk Adjusted Performance | 0.2055 | |||
| Jensen Alpha | 1.21 | |||
| Total Risk Alpha | 1.07 | |||
| Sortino Ratio | 0.3275 | |||
| Treynor Ratio | (4.00) |
PETROSEA Backtested Returns
PETROSEA is dangerous given 3 months investment horizon. PETROSEA maintains Sharpe Ratio (i.e., Efficiency) of 0.27, which implies the firm had a 0.27% return per unit of standard deviation over the last 3 months. We were able to interpolate and analyze data for twenty-four different technical indicators, which can help you to evaluate if expected returns of 1.26% are justified by taking the suggested risk. Use PETROSEA Market Risk Adjusted Performance of (3.99), risk adjusted performance of 0.2055, and Semi Deviation of 2.73 to evaluate company specific risk that cannot be diversified away. PETROSEA holds a performance score of 20 on a scale of zero to a hundred. The company holds a Beta of -0.3, which implies possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning PETROSEA are expected to decrease at a much lower rate. During the bear market, PETROSEA is likely to outperform the market. Use PETROSEA total risk alpha, treynor ratio, and the relationship between the jensen alpha and sortino ratio , to analyze future returns on PETROSEA.
Auto-correlation | 0.68 |
Good predictability
PETROSEA has good predictability. Overlapping area represents the amount of predictability between PETROSEA time series from 28th of November 2024 to 13th of December 2024 and 13th of December 2024 to 28th of December 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 PETROSEA price movement. The serial correlation of 0.68 indicates that around 68.0% of current PETROSEA price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.68 | |
| Spearman Rank Test | 0.68 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
PETROSEA lagged returns against current returns
Autocorrelation, which is PETROSEA 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 PETROSEA's stock expected returns. We can calculate the autocorrelation of PETROSEA returns to help us make a trade decision. For example, suppose you find that PETROSEA 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 |
PETROSEA 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 PETROSEA stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if PETROSEA stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in PETROSEA stock over time.
Current vs Lagged Prices |
| Timeline |
PETROSEA Lagged Returns
When evaluating PETROSEA's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of PETROSEA stock have on its future price. PETROSEA 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, PETROSEA autocorrelation shows the relationship between PETROSEA stock current value and its past values and can show if there is a momentum factor associated with investing in PETROSEA.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Additional Tools for PETROSEA Stock Analysis
When running PETROSEA's price analysis, check to measure PETROSEA'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 PETROSEA is operating at the current time. Most of PETROSEA's value examination focuses on studying past and present price action to predict the probability of PETROSEA's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move PETROSEA's price. Additionally, you may evaluate how the addition of PETROSEA to your portfolios can decrease your overall portfolio volatility.