Pet Valu Holdings Stock Market Value
| PET Stock | 27.44 0.06 0.22% |
| Symbol | Pet |
Pet Valu Holdings Price To Book Ratio
Pet Valu '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 Pet Valu'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 Pet Valu.
| 12/09/2023 |
| 12/03/2024 |
If you would invest 0.00 in Pet Valu on December 9, 2023 and sell it all today you would earn a total of 0.00 from holding Pet Valu Holdings or generate 0.0% return on investment in Pet Valu over 360 days. Pet Valu is related to or competes with Dentalcorp Holdings, Definity Financial, and Trisura. Pet Valu is entity of Canada. It is traded as Stock on TO exchange. More
Pet Valu 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 Pet Valu'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 Pet Valu Holdings upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.46 | |||
| Information Ratio | 0.0653 | |||
| Maximum Drawdown | 7.39 | |||
| Value At Risk | (2.14) | |||
| Potential Upside | 2.43 |
Pet Valu Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Pet Valu's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Pet Valu's standard deviation. In reality, there are many statistical measures that can use Pet Valu historical prices to predict the future Pet Valu's volatility.| Risk Adjusted Performance | 0.1209 | |||
| Jensen Alpha | 0.1967 | |||
| Total Risk Alpha | (0.01) | |||
| Sortino Ratio | 0.0638 | |||
| Treynor Ratio | 2.16 |
Pet Valu Holdings Backtested Returns
Pet Valu appears to be very steady, given 3 months investment horizon. Pet Valu Holdings maintains Sharpe Ratio (i.e., Efficiency) of 0.14, which implies the firm had a 0.14% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Pet Valu Holdings, which you can use to evaluate the volatility of the company. Please evaluate Pet Valu's Semi Deviation of 1.26, risk adjusted performance of 0.1209, and Coefficient Of Variation of 657.31 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Pet Valu holds a performance score of 11. The company holds a Beta of 0.0961, which implies not very significant fluctuations relative to the market. As returns on the market increase, Pet Valu's returns are expected to increase less than the market. However, during the bear market, the loss of holding Pet Valu is expected to be smaller as well. Please check Pet Valu's skewness, and the relationship between the potential upside and rate of daily change , to make a quick decision on whether Pet Valu's historical price patterns will revert.
Auto-correlation | -0.29 |
Weak reverse predictability
Pet Valu Holdings has weak reverse predictability. Overlapping area represents the amount of predictability between Pet Valu time series from 9th of December 2023 to 6th of June 2024 and 6th of June 2024 to 3rd 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 Pet Valu Holdings price movement. The serial correlation of -0.29 indicates that nearly 29.0% of current Pet Valu price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.29 | |
| Spearman Rank Test | -0.02 | |
| Residual Average | 0.0 | |
| Price Variance | 0.78 |
Pet Valu Holdings lagged returns against current returns
Autocorrelation, which is Pet Valu 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 Pet Valu's stock expected returns. We can calculate the autocorrelation of Pet Valu returns to help us make a trade decision. For example, suppose you find that Pet Valu 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 |
Pet Valu 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 Pet Valu stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Pet Valu stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Pet Valu stock over time.
Current vs Lagged Prices |
| Timeline |
Pet Valu Lagged Returns
When evaluating Pet Valu's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Pet Valu stock have on its future price. Pet Valu 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, Pet Valu autocorrelation shows the relationship between Pet Valu stock current value and its past values and can show if there is a momentum factor associated with investing in Pet Valu Holdings.
Regressed Prices |
| Timeline |
Other Information on Investing in Pet Stock
Pet Valu financial ratios help investors to determine whether Pet 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 Pet with respect to the benefits of owning Pet Valu security.