Petro Usa Stock Market Value
| PBAJ Stock | USD 5.00 0.00 0.00% |
| Symbol | Petro |
Petro Usa '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 Petro Usa's 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 Petro Usa.
| 01/04/2023 |
| 12/24/2024 |
If you would invest 0.00 in Petro Usa on January 4, 2023 and sell it all today you would earn a total of 0.00 from holding Petro Usa or generate 0.0% return on investment in Petro Usa over 720 days. Petro Usa is related to or competes with Embrace Change. It intends to operate truck stops and travel centers in the United States, offering diesel fuel and gasoline, full servi... More
Petro Usa 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 Petro Usa's 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 Petro Usa upside and downside potential and time the market with a certain degree of confidence.
Petro Usa Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Petro Usa's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Petro Usa's standard deviation. In reality, there are many statistical measures that can use Petro Usa historical prices to predict the future Petro Usa's volatility.Petro Usa Backtested Returns
We have found three technical indicators for Petro Usa, which you can use to evaluate the volatility of the company. The company holds a Beta of 0.0, which implies not very significant fluctuations relative to the market. the returns on MARKET and Petro Usa are completely uncorrelated.
Auto-correlation | 0.03 |
Virtually no predictability
Petro Usa has virtually no predictability. Overlapping area represents the amount of predictability between Petro Usa time series from 4th of January 2023 to 30th of December 2023 and 30th of December 2023 to 24th 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 Petro Usa price movement. The serial correlation of 0.03 indicates that only 3.0% of current Petro Usa price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.03 | |
| Spearman Rank Test | -0.16 | |
| Residual Average | 0.0 | |
| Price Variance | 2.98 |
Petro Usa lagged returns against current returns
Autocorrelation, which is Petro Usa 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 Petro Usa's pink sheet expected returns. We can calculate the autocorrelation of Petro Usa returns to help us make a trade decision. For example, suppose you find that Petro Usa 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 |
Petro Usa 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 Petro Usa pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Petro Usa pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Petro Usa pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Petro Usa Lagged Returns
When evaluating Petro Usa's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Petro Usa pink sheet have on its future price. Petro Usa 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, Petro Usa autocorrelation shows the relationship between Petro Usa pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Petro Usa.
Regressed Prices |
| Timeline |
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Petro Usa financial ratios help investors to determine whether Petro 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 Petro with respect to the benefits of owning Petro Usa security.