Pet Center (Brazil) Market Value
| PETZ3 Stock | BRL 4.64 0.36 8.41% |
| Symbol | Pet |
Pet Center '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 Center'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 Center.
| 12/16/2024 |
| 03/16/2025 |
If you would invest 0.00 in Pet Center on December 16, 2024 and sell it all today you would earn a total of 0.00 from holding Pet Center Comrcio or generate 0.0% return on investment in Pet Center over 90 days. Pet Center is related to or competes with Mliuz SA, Natura Co, Rede DOr, Locaweb Servios, and Banco BTG. Pet Center Comrcio e Participaes S.A. operates a chain of stores that sells products and services for pets in Brazil More
Pet Center 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 Center'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 Center Comrcio upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 3.15 | |||
| Information Ratio | 0.0929 | |||
| Maximum Drawdown | 18.16 | |||
| Value At Risk | (4.34) | |||
| Potential Upside | 6.34 |
Pet Center Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Pet Center's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Pet Center's standard deviation. In reality, there are many statistical measures that can use Pet Center historical prices to predict the future Pet Center's volatility.| Risk Adjusted Performance | 0.0617 | |||
| Jensen Alpha | 0.2804 | |||
| Total Risk Alpha | 0.6007 | |||
| Sortino Ratio | 0.096 | |||
| Treynor Ratio | 0.2414 |
Pet Center Comrcio Backtested Returns
Pet Center appears to be slightly risky, given 3 months investment horizon. Pet Center Comrcio maintains Sharpe Ratio (i.e., Efficiency) of 0.12, which implies the firm had a 0.12 % return per unit of risk over the last 3 months. We have found thirty technical indicators for Pet Center Comrcio, which you can use to evaluate the volatility of the company. Please evaluate Pet Center's Risk Adjusted Performance of 0.0617, coefficient of variation of 1602.01, and Semi Deviation of 2.83 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Pet Center holds a performance score of 9. The company holds a Beta of 0.8, which implies possible diversification benefits within a given portfolio. As returns on the market increase, Pet Center's returns are expected to increase less than the market. However, during the bear market, the loss of holding Pet Center is expected to be smaller as well. Please check Pet Center's maximum drawdown, semi variance, accumulation distribution, as well as the relationship between the potential upside and skewness , to make a quick decision on whether Pet Center's historical price patterns will revert.
Auto-correlation | -0.51 |
Good reverse predictability
Pet Center Comrcio has good reverse predictability. Overlapping area represents the amount of predictability between Pet Center time series from 16th of December 2024 to 30th of January 2025 and 30th of January 2025 to 16th 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 Pet Center Comrcio price movement. The serial correlation of -0.51 indicates that about 51.0% of current Pet Center price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.51 | |
| Spearman Rank Test | -0.63 | |
| Residual Average | 0.0 | |
| Price Variance | 0.04 |
Pet Center Comrcio lagged returns against current returns
Autocorrelation, which is Pet Center 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 Center's stock expected returns. We can calculate the autocorrelation of Pet Center returns to help us make a trade decision. For example, suppose you find that Pet Center 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 Center 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 Center stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Pet Center stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Pet Center stock over time.
Current vs Lagged Prices |
| Timeline |
Pet Center Lagged Returns
When evaluating Pet Center's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Pet Center stock have on its future price. Pet Center 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 Center autocorrelation shows the relationship between Pet Center stock current value and its past values and can show if there is a momentum factor associated with investing in Pet Center Comrcio.
Regressed Prices |
| Timeline |
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Additional Tools for Pet Stock Analysis
When running Pet Center's price analysis, check to measure Pet Center'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 Pet Center is operating at the current time. Most of Pet Center's value examination focuses on studying past and present price action to predict the probability of Pet Center's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Pet Center's price. Additionally, you may evaluate how the addition of Pet Center to your portfolios can decrease your overall portfolio volatility.