Pet Acquisition Llc Stock Market Value
| WOOF Stock | USD 1.56 0.02 1.27% |
| Symbol | Pet |
Pet Acquisition LLC Price To Book Ratio
Is Pet Acquisition's industry 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 Pet Acquisition. If investors know Pet 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 Pet Acquisition 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 0.094 | Earnings Share (4.78) | Revenue Per Share 23.38 | Quarterly Revenue Growth 0.061 | Return On Assets 0.0047 |
The market value of Pet Acquisition LLC is measured differently than its book value, which is the value of Pet that is recorded on the company's balance sheet. Investors also form their own opinion of Pet Acquisition's value that differs from its market value or its book value, called intrinsic value, which is Pet Acquisition's 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 Pet Acquisition's market value can be influenced by many factors that don't directly affect Pet Acquisition's 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 Pet Acquisition's value and its price as these two are different measures arrived at by different means. Investors typically determine if Pet Acquisition is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Pet Acquisition'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.
Pet Acquisition '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 Acquisition'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 Acquisition.
| 03/26/2024 |
| 04/25/2024 |
If you would invest 0.00 in Pet Acquisition on March 26, 2024 and sell it all today you would earn a total of 0.00 from holding Pet Acquisition LLC or generate 0.0% return on investment in Pet Acquisition over 30 days. Pet Acquisition is related to or competes with Target, Lowes Companies, Kohls Corp, Gap, and Walmart. Petco Health and Wellness Company, Inc., a health and wellness company, focuses on enhancing the lives of pets, pet pare... More
Pet Acquisition 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 Acquisition'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 Acquisition LLC upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.16) | |||
| Maximum Drawdown | 25.26 | |||
| Value At Risk | (6.73) | |||
| Potential Upside | 4.49 |
Pet Acquisition Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Pet Acquisition's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Pet Acquisition's standard deviation. In reality, there are many statistical measures that can use Pet Acquisition historical prices to predict the future Pet Acquisition's volatility.| Risk Adjusted Performance | (0.08) | |||
| Jensen Alpha | (0.96) | |||
| Total Risk Alpha | (1.24) | |||
| Treynor Ratio | (0.16) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Pet Acquisition's 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.
Pet Acquisition LLC Backtested Returns
Pet Acquisition LLC maintains Sharpe Ratio (i.e., Efficiency) of -0.15, which implies the firm had a -0.15% return per unit of risk over the last 3 months. Pet Acquisition LLC exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Pet Acquisition's Coefficient Of Variation of (718.65), risk adjusted performance of (0.08), and Variance of 20.0 to confirm the risk estimate we provide. The company holds a Beta of 3.87, which implies a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Pet Acquisition will likely underperform. Pet Acquisition LLC has an expected return of -0.66%. Please make sure to check Pet Acquisition LLC maximum drawdown, daily balance of power, as well as the relationship between the Daily Balance Of Power and relative strength index , to decide if Pet Acquisition LLC performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.47 |
Average predictability
Pet Acquisition LLC has average predictability. Overlapping area represents the amount of predictability between Pet Acquisition time series from 26th of March 2024 to 10th of April 2024 and 10th of April 2024 to 25th of April 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 Acquisition LLC price movement. The serial correlation of 0.47 indicates that about 47.0% of current Pet Acquisition price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.47 | |
| Spearman Rank Test | 0.37 | |
| Residual Average | 0.0 | |
| Price Variance | 0.01 |
Pet Acquisition LLC lagged returns against current returns
Autocorrelation, which is Pet Acquisition 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 Acquisition's stock expected returns. We can calculate the autocorrelation of Pet Acquisition returns to help us make a trade decision. For example, suppose you find that Pet Acquisition 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 Acquisition 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 Acquisition stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Pet Acquisition stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Pet Acquisition stock over time.
Current vs Lagged Prices |
| Timeline |
Pet Acquisition Lagged Returns
When evaluating Pet Acquisition's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Pet Acquisition stock have on its future price. Pet Acquisition 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 Acquisition autocorrelation shows the relationship between Pet Acquisition stock current value and its past values and can show if there is a momentum factor associated with investing in Pet Acquisition LLC.
Regressed Prices |
| Timeline |
Also Currently Popular
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.When determining whether Pet Acquisition LLC is a strong investment it is important to analyze Pet Acquisition's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Pet Acquisition's future performance. For an informed investment choice regarding Pet Stock, refer to the following important reports:Check out Pet Acquisition Correlation, Pet Acquisition Volatility and Pet Acquisition Alpha and Beta module to complement your research on Pet Acquisition. You can also try the AI Portfolio Architect module to use AI to generate optimal portfolios and find profitable investment opportunities.
Complementary Tools for Pet Stock analysis
When running Pet Acquisition's price analysis, check to measure Pet Acquisition'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 Acquisition is operating at the current time. Most of Pet Acquisition's value examination focuses on studying past and present price action to predict the probability of Pet Acquisition'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 Acquisition's price. Additionally, you may evaluate how the addition of Pet Acquisition to your portfolios can decrease your overall portfolio volatility.
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Pet Acquisition technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.