Petrovietnam Drilling's market value is the price at which a share of Petrovietnam Drilling trades on a public exchange. It measures the collective expectations of Petrovietnam Drilling Mud investors about its performance. Petrovietnam Drilling is selling at 15600.00 as of the 26th of February 2026; that is 5.41 percent increase since the beginning of the trading day. The stock's open price was 14800.0. With this module, you can estimate the performance of a buy and hold strategy of Petrovietnam Drilling Mud and determine expected loss or profit from investing in Petrovietnam Drilling over a given investment horizon. Check out Petrovietnam Drilling Correlation, Petrovietnam Drilling Volatility and Petrovietnam Drilling Performance module to complement your research on Petrovietnam Drilling.
It's important to distinguish between Petrovietnam Drilling's intrinsic value and market price, which are calculated using different methodologies. Investment decisions regarding Petrovietnam Drilling should consider multiple factors including financial performance, growth metrics, competitive position, and professional analysis. In contrast, Petrovietnam Drilling's trading price reflects the actual exchange value where willing buyers and sellers reach mutual agreement.
Petrovietnam Drilling '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 Petrovietnam Drilling'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 Petrovietnam Drilling.
0.00
11/28/2025
No Change 0.00
0.0
In 3 months and 1 day
02/26/2026
0.00
If you would invest 0.00 in Petrovietnam Drilling on November 28, 2025 and sell it all today you would earn a total of 0.00 from holding Petrovietnam Drilling Mud or generate 0.0% return on investment in Petrovietnam Drilling over 90 days. Petrovietnam Drilling is related to or competes with FIT INVEST, Damsan JSC, An Phat, APG Securities, Binhthuan Agriculture, Mekong Fisheries, and Bentre Aquaproduct. More
Petrovietnam Drilling 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 Petrovietnam Drilling'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 Petrovietnam Drilling Mud upside and downside potential and time the market with a certain degree of confidence.
Today, many novice investors tend to focus exclusively on investment returns with little concern for Petrovietnam Drilling's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Petrovietnam Drilling's standard deviation. In reality, there are many statistical measures that can use Petrovietnam Drilling historical prices to predict the future Petrovietnam Drilling's volatility.
Petrovietnam Drilling appears to be very steady, given 3 months investment horizon. Petrovietnam Drilling Mud maintains Sharpe Ratio (i.e., Efficiency) of 0.18, which implies the firm had a 0.18 % return per unit of risk over the last 3 months. By analyzing Petrovietnam Drilling's technical indicators, you can evaluate if the expected return of 0.71% is justified by implied risk. Please evaluate Petrovietnam Drilling's Risk Adjusted Performance of 0.1078, coefficient of variation of 770.92, and Semi Deviation of 2.82 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Petrovietnam Drilling holds a performance score of 14. The company holds a Beta of -0.26, which implies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Petrovietnam Drilling are expected to decrease at a much lower rate. During the bear market, Petrovietnam Drilling is likely to outperform the market. Please check Petrovietnam Drilling's skewness, and the relationship between the potential upside and rate of daily change , to make a quick decision on whether Petrovietnam Drilling's historical price patterns will revert.
Auto-correlation
0.18
Very weak predictability
Petrovietnam Drilling Mud has very weak predictability. Overlapping area represents the amount of predictability between Petrovietnam Drilling time series from 28th of November 2025 to 12th of January 2026 and 12th of January 2026 to 26th of February 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 Petrovietnam Drilling Mud price movement. The serial correlation of 0.18 indicates that over 18.0% of current Petrovietnam Drilling price fluctuation can be explain by its past prices.
Correlation Coefficient
0.18
Spearman Rank Test
0.3
Residual Average
0.0
Price Variance
755.8 K
Pair Trading with Petrovietnam Drilling
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 Petrovietnam Drilling 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 Petrovietnam Drilling will appreciate offsetting losses from the drop in the long position's value.
The ability to find closely correlated positions to Petrovietnam Drilling could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Petrovietnam Drilling 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 Petrovietnam Drilling - 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 Petrovietnam Drilling Mud to buy it.
The correlation of Petrovietnam Drilling 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 Petrovietnam Drilling moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Petrovietnam Drilling Mud 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 Petrovietnam Drilling 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 Petrovietnam Stock
Petrovietnam Drilling financial ratios help investors to determine whether Petrovietnam Stock 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 Petrovietnam with respect to the benefits of owning Petrovietnam Drilling security.