Petmed Express Stock Market Value
| PETS Stock | USD 4.02 0.09 2.19% |
| Symbol | PetMed |
PetMed Express Price To Book Ratio
Is Other Specialty Retail space 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 PetMed Express. If investors know PetMed 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 PetMed Express listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 2.667 | Earnings Share 0.01 | Revenue Per Share | Quarterly Revenue Growth (0.19) | Return On Assets |
The market value of PetMed Express is measured differently than its book value, which is the value of PetMed that is recorded on the company's balance sheet. Investors also form their own opinion of PetMed Express' value that differs from its market value or its book value, called intrinsic value, which is PetMed Express' 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 PetMed Express' market value can be influenced by many factors that don't directly affect PetMed Express' 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 PetMed Express' value and its price as these two are different measures arrived at by different means. Investors typically determine if PetMed Express is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, PetMed Express' 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.
PetMed Express '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 PetMed Express' 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 PetMed Express.
| 12/15/2024 |
| 03/15/2025 |
If you would invest 0.00 in PetMed Express on December 15, 2024 and sell it all today you would earn a total of 0.00 from holding PetMed Express or generate 0.0% return on investment in PetMed Express over 90 days. PetMed Express is related to or competes with High Tide, Walgreens Boots, 111, and SunLink Health. PetMed Express, Inc., together with its subsidiaries, operates as a pet pharmacy in the United States More
PetMed Express 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 PetMed Express' 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 PetMed Express upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.04) | |||
| Maximum Drawdown | 28.82 | |||
| Value At Risk | (6.40) | |||
| Potential Upside | 8.23 |
PetMed Express Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for PetMed Express' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as PetMed Express' standard deviation. In reality, there are many statistical measures that can use PetMed Express historical prices to predict the future PetMed Express' volatility.| Risk Adjusted Performance | (0.05) | |||
| Jensen Alpha | (0.18) | |||
| Total Risk Alpha | 0.4453 | |||
| Treynor Ratio | (0.31) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of PetMed Express' 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.
PetMed Express Backtested Returns
PetMed Express maintains Sharpe Ratio (i.e., Efficiency) of -0.11, which implies the firm had a -0.11 % return per unit of risk over the last 3 months. PetMed Express exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check PetMed Express' Variance of 21.03, risk adjusted performance of (0.05), and Coefficient Of Variation of (1,445) to confirm the risk estimate we provide. The company holds a Beta of 1.06, which implies a somewhat significant risk relative to the market. PetMed Express returns are very sensitive to returns on the market. As the market goes up or down, PetMed Express is expected to follow. At this point, PetMed Express has a negative expected return of -0.43%. Please make sure to check PetMed Express' value at risk and rate of daily change , to decide if PetMed Express performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.47 |
Average predictability
PetMed Express has average predictability. Overlapping area represents the amount of predictability between PetMed Express time series from 15th of December 2024 to 29th of January 2025 and 29th of January 2025 to 15th of March 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 PetMed Express price movement. The serial correlation of 0.47 indicates that about 47.0% of current PetMed Express price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.47 | |
| Spearman Rank Test | 0.31 | |
| Residual Average | 0.0 | |
| Price Variance | 0.18 |
PetMed Express lagged returns against current returns
Autocorrelation, which is PetMed Express 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 PetMed Express' stock expected returns. We can calculate the autocorrelation of PetMed Express returns to help us make a trade decision. For example, suppose you find that PetMed Express 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 |
PetMed Express 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 PetMed Express stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if PetMed Express stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in PetMed Express stock over time.
Current vs Lagged Prices |
| Timeline |
PetMed Express Lagged Returns
When evaluating PetMed Express' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of PetMed Express stock have on its future price. PetMed Express 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, PetMed Express autocorrelation shows the relationship between PetMed Express stock current value and its past values and can show if there is a momentum factor associated with investing in PetMed Express.
Regressed Prices |
| Timeline |
Thematic Opportunities
Explore Investment Opportunities
Additional Tools for PetMed Stock Analysis
When running PetMed Express' price analysis, check to measure PetMed Express' 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 PetMed Express is operating at the current time. Most of PetMed Express' value examination focuses on studying past and present price action to predict the probability of PetMed Express' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move PetMed Express' price. Additionally, you may evaluate how the addition of PetMed Express to your portfolios can decrease your overall portfolio volatility.