Petrotech Oil Gas Stock Beta
Petrotech Oil Gas fundamentals help investors to digest information that contributes to Petrotech Oil's financial success or failures. It also enables traders to predict the movement of Petrotech Stock. The fundamental analysis module provides a way to measure Petrotech Oil's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Petrotech Oil stock.
Petrotech | Beta |
Petrotech Oil Gas Company Beta Analysis
Petrotech Oil's Beta is one of the most important measures of equity market volatility. Beta can be thought of as asset elasticity or sensitivity to market. In other words, it is a number that shows the relationship of an equity instrument to the financial market in which this instrument is traded. For example, if Beta of equity is 2, it is expected to significantly outperform market when the market is going up and significantly underperform when the market is going down. Similarly, Beta of 1 indicates that an asset and market will generate similar returns over time.
Current Petrotech Oil Beta | 94.79 |
Most of Petrotech Oil's fundamental indicators, such as Beta, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Petrotech Oil Gas is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
In a nutshell, Beta is a measure of individual stock risk relative to the overall volatility of the stock market. and is calculated based on very sound finance theory - Capital Assets Pricing Model (CAPM).However, since Beta is calculated based on historical price movements it may not predict how a firm's stock is going to perform in the future.
| Competition |
In accordance with the recently published financial statements, Petrotech Oil Gas has a Beta of 94. This is much higher than that of the Energy Equipment & Services sector and notably higher than that of the Energy industry. The beta for all United States stocks is notably lower than that of the firm.
Petrotech Beta Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Petrotech Oil's direct or indirect competition against its Beta to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Petrotech Oil could also be used in its relative valuation, which is a method of valuing Petrotech Oil by comparing valuation metrics of similar companies.Petrotech Oil is currently under evaluation in beta category among related companies.
As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Petrotech Oil will likely underperform.
Petrotech Fundamentals
| Current Valuation | 34.87 M | ||||
| Shares Outstanding | 4.01 M | ||||
| Revenue | 5 K | ||||
| Net Income | (5.13 M) | ||||
| Total Debt | 4.74 M | ||||
| Cash Flow From Operations | (134.48 K) | ||||
| Beta | 94.79 | ||||
| Market Capitalization | 348.69 M | ||||
| Total Asset | 320.57 K | ||||
| Retained Earnings | (5.39 M) | ||||
| Working Capital | (1.57 M) | ||||
| Current Asset | 9 K | ||||
| Current Liabilities | 5.82 M | ||||
| Net Asset | 320.57 K |
About Petrotech Oil Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Petrotech Oil Gas's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Petrotech Oil using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Petrotech Oil Gas based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Petrotech Oil in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Petrotech Oil's short interest history, or implied volatility extrapolated from Petrotech Oil options trading.
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Check out Petrotech Oil Piotroski F Score and Petrotech Oil Altman Z Score analysis. You can also try the Pattern Recognition module to use different Pattern Recognition models to time the market across multiple global exchanges.
Complementary Tools for Petrotech Stock analysis
When running Petrotech Oil's price analysis, check to measure Petrotech Oil'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 Petrotech Oil is operating at the current time. Most of Petrotech Oil's value examination focuses on studying past and present price action to predict the probability of Petrotech Oil's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Petrotech Oil's price. Additionally, you may evaluate how the addition of Petrotech Oil to your portfolios can decrease your overall portfolio volatility.
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Is Petrotech Oil'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 Petrotech Oil. If investors know Petrotech 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 Petrotech Oil listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Petrotech Oil Gas is measured differently than its book value, which is the value of Petrotech that is recorded on the company's balance sheet. Investors also form their own opinion of Petrotech Oil's value that differs from its market value or its book value, called intrinsic value, which is Petrotech Oil'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 Petrotech Oil's market value can be influenced by many factors that don't directly affect Petrotech Oil'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 Petrotech Oil's value and its price as these two are different measures arrived at by different means. Investors typically determine if Petrotech Oil is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Petrotech Oil'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.