Petro Victory Energy Corp Stock Market Value
| PTVRF Stock | USD 0.38 0.00 0.00% |
| Symbol | Petro |
Petro Victory '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 Petro Victory's 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 Petro Victory.
| 02/07/2023 |
| 01/22/2026 |
If you would invest 0.00 in Petro Victory on February 7, 2023 and sell it all today you would earn a total of 0.00 from holding Petro Victory Energy Corp or generate 0.0% return on investment in Petro Victory over 1080 days. Petro Victory is related to or competes with Prairie Provident, Reserve Petroleum, Laredo Oil, AMEN Properties, and Avanti Energy. Petro-Victory Energy Corp., through its subsidiaries, engages in the exploration, development, and production of petrole... More
Petro Victory 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 Petro Victory's 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 Petro Victory Energy Corp upside and downside potential and time the market with a certain degree of confidence.
Petro Victory Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Petro Victory's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Petro Victory's standard deviation. In reality, there are many statistical measures that can use Petro Victory historical prices to predict the future Petro Victory's volatility.Petro Victory Energy Backtested Returns
We have found three technical indicators for Petro Victory Energy, 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 Petro Victory are completely uncorrelated.
Auto-correlation | 0.37 |
Below average predictability
Petro Victory Energy Corp has below average predictability. Overlapping area represents the amount of predictability between Petro Victory time series from 7th of February 2023 to 31st of July 2024 and 31st of July 2024 to 22nd 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 Petro Victory Energy price movement. The serial correlation of 0.37 indicates that just about 37.0% of current Petro Victory price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.37 | |
| Spearman Rank Test | 0.34 | |
| Residual Average | 0.0 | |
| Price Variance | 0.02 |
Petro Victory Energy lagged returns against current returns
Autocorrelation, which is Petro Victory 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 Petro Victory's pink sheet expected returns. We can calculate the autocorrelation of Petro Victory returns to help us make a trade decision. For example, suppose you find that Petro Victory 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 |
Petro Victory 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 Petro Victory pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Petro Victory pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Petro Victory pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Petro Victory Lagged Returns
When evaluating Petro Victory's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Petro Victory pink sheet have on its future price. Petro Victory 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, Petro Victory autocorrelation shows the relationship between Petro Victory pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Petro Victory Energy Corp.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Petro Pink Sheet
Petro Victory financial ratios help investors to determine whether Petro 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 Petro with respect to the benefits of owning Petro Victory security.