Petrogas Co Stock Market Value
| PTCO Stock | USD 0.06 0 6.25% |
| Symbol | PetroGas |
PetroGas '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 PetroGas' pink sheet 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 PetroGas.
| 07/01/2025 |
| 12/28/2025 |
If you would invest 0.00 in PetroGas on July 1, 2025 and sell it all today you would earn a total of 0.00 from holding PetroGas Co or generate 0.0% return on investment in PetroGas over 180 days. PetroGas is related to or competes with Permex Petroleum, Centaurus Energy, and Southern Realty. PetroGas Company engages in the exploration and production of oil and natural gas More
PetroGas 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 PetroGas' pink sheet 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 PetroGas Co upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.02) | |||
| Maximum Drawdown | 39.96 | |||
| Value At Risk | (7.29) | |||
| Potential Upside | 7.59 |
PetroGas Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for PetroGas' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as PetroGas' standard deviation. In reality, there are many statistical measures that can use PetroGas historical prices to predict the future PetroGas' volatility.| Risk Adjusted Performance | 0.0035 | |||
| Jensen Alpha | (0.05) | |||
| Total Risk Alpha | (0.63) | |||
| Treynor Ratio | 0.9077 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of PetroGas' 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.
PetroGas Backtested Returns
PetroGas maintains Sharpe Ratio (i.e., Efficiency) of close to zero, which implies the firm had a close to zero % return per unit of risk over the last 3 months. PetroGas exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check PetroGas' Coefficient Of Variation of (13,500), variance of 29.72, and Risk Adjusted Performance of 0.0035 to confirm the risk estimate we provide. The company holds a Beta of -0.0555, which implies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning PetroGas are expected to decrease at a much lower rate. During the bear market, PetroGas is likely to outperform the market. At this point, PetroGas has a negative expected return of -0.0404%. Please make sure to check PetroGas' value at risk, daily balance of power, as well as the relationship between the Daily Balance Of Power and price action indicator , to decide if PetroGas performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.01 |
Very weak reverse predictability
PetroGas Co has very weak reverse predictability. Overlapping area represents the amount of predictability between PetroGas time series from 1st of July 2025 to 29th of September 2025 and 29th of September 2025 to 28th of December 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 PetroGas price movement. The serial correlation of -0.01 indicates that just 1.0% of current PetroGas price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.01 | |
| Spearman Rank Test | 0.46 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
PetroGas lagged returns against current returns
Autocorrelation, which is PetroGas pink sheet'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 PetroGas' pink sheet expected returns. We can calculate the autocorrelation of PetroGas returns to help us make a trade decision. For example, suppose you find that PetroGas has exhibited high autocorrelation historically, and you observe that the pink sheet 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 |
PetroGas 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 PetroGas pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if PetroGas pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in PetroGas pink sheet over time.
Current vs Lagged Prices |
| Timeline |
PetroGas Lagged Returns
When evaluating PetroGas' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of PetroGas pink sheet have on its future price. PetroGas 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, PetroGas autocorrelation shows the relationship between PetroGas pink sheet current value and its past values and can show if there is a momentum factor associated with investing in PetroGas Co.
Regressed Prices |
| Timeline |
Pair Trading with PetroGas
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if PetroGas position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in PetroGas will appreciate offsetting losses from the drop in the long position's value.Moving against PetroGas Pink Sheet
| 0.66 | TATT | Tat Techno | PairCorr |
| 0.58 | OXY | Occidental Petroleum | PairCorr |
| 0.47 | 26442TAG2 | US26442TAG22 | PairCorr |
| 0.47 | ONDS | Ondas Holdings Aggressive Push | PairCorr |
| 0.39 | AVTBF | Avant Brands | PairCorr |
The ability to find closely correlated positions to PetroGas could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace PetroGas when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back PetroGas - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling PetroGas Co to buy it.
The correlation of PetroGas is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as PetroGas moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if PetroGas moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for PetroGas can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Other Information on Investing in PetroGas Pink Sheet
PetroGas financial ratios help investors to determine whether PetroGas Pink Sheet is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in PetroGas with respect to the benefits of owning PetroGas security.