PETCO HEALTH (Germany) Today
7G9 Stock | 1.43 0.01 0.69% |
Performance0 of 100
| Odds Of DistressLess than 9
|
PETCO HEALTH is trading at 1.43 as of the 5th of May 2024. This is a -0.69 percent down since the beginning of the trading day. The stock's lowest day price was 1.43. PETCO HEALTH has less than a 9 % chance of experiencing financial distress in the next few years, but has generated negative returns over the last 90 days. Equity ratings for PETCO HEALTH CLA are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 6th of March 2024 and ending today, the 5th of May 2024. Click here to learn more.
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Follow Valuation Odds of Bankruptcy
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PETCO Stock Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. PETCO HEALTH's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding PETCO HEALTH or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
Business Concentration | Specialty Retail, Consumer Cyclical (View all Sectors) |
PETCO HEALTH CLA (7G9) is traded on Frankfurt Exchange in Germany and employs 28,495 people. The company classifies itself under Consumer Cyclical sector and is part of Specialty Retail industry. PETCO HEALTH CLA has 0 outstanding shares.
Check PETCO HEALTH Probability Of Bankruptcy
PETCO Stock Price Odds Analysis
In reference to a normal probability distribution, the odds of PETCO HEALTH jumping above the current price in 90 days from now is about 92.97%. The PETCO HEALTH CLA probability density function shows the probability of PETCO HEALTH stock to fall within a particular range of prices over 90 days. Assuming the 90 days horizon PETCO HEALTH CLA has a beta of -1.406. This suggests as returns on its benchmark rise, returns on holding PETCO HEALTH CLA are expected to decrease by similarly larger amounts. On the other hand, during market turmoils, PETCO HEALTH is expected to outperform its benchmark. Additionally, pETCO HEALTH CLA has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite.
Based on a normal probability distribution, the odds of PETCO HEALTH to move above the current price in 90 days from now is about 92.97 (This PETCO HEALTH CLA probability density function shows the probability of PETCO Stock to fall within a particular range of prices over 90 days) .
PETCO HEALTH CLA Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. PETCO HEALTH market risk premium is the additional return an investor will receive from holding PETCO HEALTH long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in PETCO HEALTH. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although PETCO HEALTH's alpha and beta are two of the key measurements used to evaluate PETCO HEALTH's performance over the market, the standard measures of volatility play an important role as well.
Mean Deviation | 3.03 | |||
Standard Deviation | 4.47 | |||
Variance | 20.02 | |||
Risk Adjusted Performance | (0.08) |
PETCO Stock Against Markets
Picking the right benchmark for PETCO HEALTH stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in PETCO HEALTH stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for PETCO HEALTH is critical whether you are bullish or bearish towards PETCO HEALTH CLA at a given time. Please also check how PETCO HEALTH's historical prices are related to one of the top price index indicators.
Be your own money manager
Our tools can tell you how much better you can do entering a position in PETCO HEALTH without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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How to buy PETCO Stock?
Before investing in PETCO HEALTH, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in PETCO HEALTH. To buy PETCO HEALTH stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of PETCO HEALTH. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase PETCO HEALTH stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located PETCO HEALTH CLA stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased PETCO HEALTH CLA stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as PETCO HEALTH CLA, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments.
Already Invested in PETCO HEALTH CLA?
The danger of trading PETCO HEALTH CLA is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of PETCO HEALTH is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than PETCO HEALTH. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile PETCO HEALTH CLA is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in PETCO HEALTH CLA. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors. You can also try the Content Syndication module to quickly integrate customizable finance content to your own investment portal.
Complementary Tools for PETCO Stock analysis
When running PETCO HEALTH's price analysis, check to measure PETCO HEALTH's 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 PETCO HEALTH is operating at the current time. Most of PETCO HEALTH's value examination focuses on studying past and present price action to predict the probability of PETCO HEALTH's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move PETCO HEALTH's price. Additionally, you may evaluate how the addition of PETCO HEALTH to your portfolios can decrease your overall portfolio volatility.
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