Petroreconcavo (Brazil) Market Value

RECV3 Stock  BRL 16.35  0.79  5.08%   
Petroreconcavo's market value is the price at which a share of Petroreconcavo trades on a public exchange. It measures the collective expectations of Petroreconcavo SA investors about its performance. Petroreconcavo is selling for under 16.35 as of the 16th of March 2025; that is 5.08% up since the beginning of the trading day. The stock's lowest day price was 15.6.
With this module, you can estimate the performance of a buy and hold strategy of Petroreconcavo SA and determine expected loss or profit from investing in Petroreconcavo over a given investment horizon. Check out Petroreconcavo Correlation, Petroreconcavo Volatility and Petroreconcavo Alpha and Beta module to complement your research on Petroreconcavo.
Symbol

Please note, there is a significant difference between Petroreconcavo's value and its price as these two are different measures arrived at by different means. Investors typically determine if Petroreconcavo is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Petroreconcavo's 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.

Petroreconcavo '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 Petroreconcavo'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 Petroreconcavo.
0.00
12/16/2024
No Change 0.00  0.0 
In 2 months and 31 days
03/16/2025
0.00
If you would invest  0.00  in Petroreconcavo on December 16, 2024 and sell it all today you would earn a total of 0.00 from holding Petroreconcavo SA or generate 0.0% return on investment in Petroreconcavo over 90 days. Petroreconcavo is related to or competes with Petro Rio, Vamos Locao, SIMPAR SA, and Ambipar Participaes. Petroreconcavo S.A. engages in the exploration, production, transportation, processing, and commercialization of oil and... More

Petroreconcavo 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 Petroreconcavo'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 Petroreconcavo SA upside and downside potential and time the market with a certain degree of confidence.

Petroreconcavo Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Petroreconcavo's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Petroreconcavo's standard deviation. In reality, there are many statistical measures that can use Petroreconcavo historical prices to predict the future Petroreconcavo's volatility.
Hype
Prediction
LowEstimatedHigh
13.8616.3518.84
Details
Intrinsic
Valuation
LowRealHigh
11.1713.6617.99
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Petroreconcavo. Your research has to be compared to or analyzed against Petroreconcavo's peers to derive any actionable benefits. When done correctly, Petroreconcavo's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Petroreconcavo SA.

Petroreconcavo SA Backtested Returns

Currently, Petroreconcavo SA is not too volatile. Petroreconcavo SA maintains Sharpe Ratio (i.e., Efficiency) of 0.0326, which implies the firm had a 0.0326 % return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Petroreconcavo SA, which you can use to evaluate the volatility of the company. Please check Petroreconcavo's Semi Deviation of 2.25, risk adjusted performance of 0.0213, and Coefficient Of Variation of 5882.58 to confirm if the risk estimate we provide is consistent with the expected return of 0.0805%. Petroreconcavo has a performance score of 2 on a scale of 0 to 100. The company holds a Beta of -0.0098, which implies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Petroreconcavo are expected to decrease at a much lower rate. During the bear market, Petroreconcavo is likely to outperform the market. Petroreconcavo SA right now holds a risk of 2.47%. Please check Petroreconcavo SA treynor ratio, value at risk, downside variance, as well as the relationship between the maximum drawdown and potential upside , to decide if Petroreconcavo SA will be following its historical price patterns.

Auto-correlation

    
  0.09  

Virtually no predictability

Petroreconcavo SA has virtually no predictability. Overlapping area represents the amount of predictability between Petroreconcavo 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 Petroreconcavo SA price movement. The serial correlation of 0.09 indicates that less than 9.0% of current Petroreconcavo price fluctuation can be explain by its past prices.
Correlation Coefficient0.09
Spearman Rank Test0.08
Residual Average0.0
Price Variance0.1

Petroreconcavo SA lagged returns against current returns

Autocorrelation, which is Petroreconcavo 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 Petroreconcavo's stock expected returns. We can calculate the autocorrelation of Petroreconcavo returns to help us make a trade decision. For example, suppose you find that Petroreconcavo 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  

Petroreconcavo 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 Petroreconcavo stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Petroreconcavo stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Petroreconcavo stock over time.
   Current vs Lagged Prices   
       Timeline  

Petroreconcavo Lagged Returns

When evaluating Petroreconcavo's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Petroreconcavo stock have on its future price. Petroreconcavo 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, Petroreconcavo autocorrelation shows the relationship between Petroreconcavo stock current value and its past values and can show if there is a momentum factor associated with investing in Petroreconcavo SA.
   Regressed Prices   
       Timeline  

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Additional Tools for Petroreconcavo Stock Analysis

When running Petroreconcavo's price analysis, check to measure Petroreconcavo'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 Petroreconcavo is operating at the current time. Most of Petroreconcavo's value examination focuses on studying past and present price action to predict the probability of Petroreconcavo's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Petroreconcavo's price. Additionally, you may evaluate how the addition of Petroreconcavo to your portfolios can decrease your overall portfolio volatility.