Petrotech Oil Gas Stock Market Value
Petrotech Oil's market value is the price at which a share of Petrotech Oil trades on a public exchange. It measures the collective expectations of Petrotech Oil Gas investors about its performance. With this module, you can estimate the performance of a buy and hold strategy of Petrotech Oil Gas and determine expected loss or profit from investing in Petrotech Oil over a given investment horizon. Check out Petrotech Oil Correlation, Petrotech Oil Volatility and Petrotech Oil Alpha and Beta module to complement your research on Petrotech Oil.
| Symbol | Petrotech |
Petrotech Oil Gas Price To Book Ratio
Is Oil & Gas Equipment & Services space 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.
Petrotech Oil '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 Petrotech Oil'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 Petrotech Oil.
| 01/25/2025 |
| 01/20/2026 |
If you would invest 0.00 in Petrotech Oil on January 25, 2025 and sell it all today you would earn a total of 0.00 from holding Petrotech Oil Gas or generate 0.0% return on investment in Petrotech Oil over 360 days. Petrotech Oil is related to or competes with Golar LNG. Petrotech Oil and Gas, Inc. initiates, operates, and develops enhanced oil recovery opportunities within qualifying oil ... More
Petrotech Oil 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 Petrotech Oil'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 Petrotech Oil Gas upside and downside potential and time the market with a certain degree of confidence.
Petrotech Oil Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Petrotech Oil's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Petrotech Oil's standard deviation. In reality, there are many statistical measures that can use Petrotech Oil historical prices to predict the future Petrotech Oil's volatility.Petrotech Oil Gas Backtested Returns
We have found zero technical indicators for Petrotech Oil Gas, which you can use to evaluate the volatility of the company. The company holds a Beta of 0.0, which implies not very significant fluctuations relative to the market. the returns on MARKET and Petrotech Oil are completely uncorrelated.
Auto-correlation | 0.00 |
No correlation between past and present
Petrotech Oil Gas has no correlation between past and present. Overlapping area represents the amount of predictability between Petrotech Oil time series from 25th of January 2025 to 24th of July 2025 and 24th of July 2025 to 20th of January 2026. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Petrotech Oil Gas price movement. The serial correlation of 0.0 indicates that just 0.0% of current Petrotech Oil price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.0 | |
| Spearman Rank Test | 1.0 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Petrotech Oil Gas lagged returns against current returns
Autocorrelation, which is Petrotech Oil 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 Petrotech Oil's stock expected returns. We can calculate the autocorrelation of Petrotech Oil returns to help us make a trade decision. For example, suppose you find that Petrotech Oil 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 |
Petrotech Oil 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 Petrotech Oil stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Petrotech Oil stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Petrotech Oil stock over time.
Current vs Lagged Prices |
| Timeline |
Petrotech Oil Lagged Returns
When evaluating Petrotech Oil's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Petrotech Oil stock have on its future price. Petrotech Oil 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, Petrotech Oil autocorrelation shows the relationship between Petrotech Oil stock current value and its past values and can show if there is a momentum factor associated with investing in Petrotech Oil Gas.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
When determining whether Petrotech Oil Gas is a strong investment it is important to analyze Petrotech Oil'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 Petrotech Oil's future performance. For an informed investment choice regarding Petrotech Stock, refer to the following important reports:Check out Petrotech Oil Correlation, Petrotech Oil Volatility and Petrotech Oil Alpha and Beta module to complement your research on Petrotech Oil. You can also try the Stock Screener module to find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook..
Petrotech Oil 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.