Petmed Express Stock Price on August 27, 2024
| PETS Stock | USD 4.70 0.03 0.64% |
If you're considering investing in PetMed Stock, it is important to understand the factors that can impact its price. As of today, the current price of PetMed Express stands at 4.70, as last reported on the 29th of November, with the highest price reaching 4.81 and the lowest price hitting 4.67 during the day. PetMed Express appears to be unstable, given 3 months investment horizon. PetMed Express maintains Sharpe Ratio (i.e., Efficiency) of 0.13, which implies the firm had a 0.13% return per unit of risk over the last 3 months. By analyzing PetMed Express' technical indicators, you can evaluate if the expected return of 0.73% is justified by implied risk. Please evaluate PetMed Express' Risk Adjusted Performance of 0.1111, semi deviation of 2.75, and Coefficient Of Variation of 747.63 to confirm if our risk estimates are consistent with your expectations.
PetMed Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
PetMed |
Sharpe Ratio = 0.1338
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Estimated Market Risk
| 5.46 actual daily | 48 52% of assets are more volatile |
Expected Return
| 0.73 actual daily | 14 86% of assets have higher returns |
Risk-Adjusted Return
| 0.13 actual daily | 10 90% of assets perform better |
Based on monthly moving average PetMed Express is performing at about 10% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of PetMed Express by adding it to a well-diversified portfolio.
PetMed Express Valuation on August 27, 2024
It is possible to determine the worth of PetMed Express on a given historical date. On August 27, 2024 PetMed was worth 3.07 at the beginning of the trading date compared to the closed value of 3.08. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of PetMed Express stock. Still, in general, we apply an absolute valuation method to find PetMed Express' value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of PetMed Express where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against PetMed Express' related companies.
| Open | High | Low | Close | Volume | |
| 3.16 | 3.17 | 3.08 | 3.10 | 135,875 | |
08/27/2024 | 3.07 | 3.14 | 3.04 | 3.08 | 187,031 |
| 3.05 | 3.14 | 3.05 | 3.10 | 152,957 |
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PetMed Express Trading Date Momentum on August 27, 2024
| On August 28 2024 PetMed Express was traded for 3.10 at the closing time. The top price for the day was 3.14 and the lowest listed price was 3.05 . The trading volume for the day was 153 K. The trading history from August 28, 2024 was a factor to the next trading day price appreciation. The trading delta at closing time against the next closing price was 0.65% . The trading delta at closing time against the current closing price is 11.04% . |
PetMed Express Fundamentals Correlations and Trends
By evaluating PetMed Express' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among PetMed Express' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. PetMed financial account trend analysis is a perfect complement when working with valuation or volatility modules.About PetMed Express Stock history
PetMed Express investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for PetMed is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in PetMed Express will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing PetMed Express stock prices may prove useful in developing a viable investing in PetMed Express
PetMed Express, Inc., together with its subsidiaries, operates as a pet pharmacy in the United States. PetMed Express, Inc. was incorporated in 1996 and is headquartered in Delray Beach, Florida. Petmed Express operates under Pharmaceutical Retailers classification in the United States and is traded on NASDAQ Exchange. It employs 212 people.
PetMed Express Stock Technical Analysis
PetMed Express 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.
Price Boundaries
PetMed Express Period Price Range
Low | November 29, 2024
| High |
0.00 | 0.00 |
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PetMed Express November 29, 2024 Market Strength
Market strength indicators help investors to evaluate how PetMed Express stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading PetMed Express shares will generate the highest return on investment. By undertsting and applying PetMed Express stock market strength indicators, traders can identify PetMed Express entry and exit signals to maximize returns
PetMed Express Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for PetMed Express' price direction in advance. Along with the technical and fundamental analysis of PetMed Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of PetMed to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | 0.1111 | |||
| Jensen Alpha | 0.4376 | |||
| Total Risk Alpha | (0.10) | |||
| Sortino Ratio | 0.1778 | |||
| Treynor Ratio | 0.2937 |
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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.