PennantPark Floating (Israel) Price on August 3, 2023
| PFLT Stock | ILA 41.73 0.00 0.00% |
If you're considering investing in PennantPark Stock, it is important to understand the factors that can impact its price. As of today, the current price of PennantPark Floating stands at 41.73, as last reported on the 15th of December 2024, with the highest price reaching 41.73 and the lowest price hitting 41.73 during the day. PennantPark Floating is not too volatile given 3 months investment horizon. PennantPark Floating Rate maintains Sharpe Ratio (i.e., Efficiency) of 0.21, which implies the firm had a 0.21% return per unit of risk over the last 3 months. We were able to analyze eighteen different technical indicators, which can help you to evaluate if expected returns of 1.42% are justified by taking the suggested risk. Use PennantPark Floating Risk Adjusted Performance of 0.1918, coefficient of variation of 396.72, and Variance of 61.33 to evaluate company specific risk that cannot be diversified away.
PennantPark Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
PennantPark |
Sharpe Ratio = 0.2109
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | PFLT | |||
| Small Returns | ||||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 6.71 actual daily | 59 59% of assets are less volatile |
Expected Return
| 1.42 actual daily | 28 72% of assets have higher returns |
Risk-Adjusted Return
| 0.21 actual daily | 16 84% of assets perform better |
Based on monthly moving average PennantPark Floating is performing at about 16% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of PennantPark Floating by adding it to a well-diversified portfolio.
PennantPark Floating Valuation on August 3, 2023
It is possible to determine the worth of PennantPark Floating on a given historical date. On August 3, 2023 PennantPark was worth 557.53 at the beginning of the trading date compared to the closed value of 537.27. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of PennantPark Floating stock. Still, in general, we apply an absolute valuation method to find PennantPark Floating's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of PennantPark Floating where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against PennantPark Floating's related companies.
| Open | High | Low | Close | Volume | |
| 562.98 | 562.98 | 562.98 | 562.98 | 94.00 | |
08/03/2023 | 557.53 | 557.53 | 533.87 | 537.27 | 141.00 |
| 539.99 | 539.99 | 539.99 | 539.99 | 1.00 |
| Backtest PennantPark Floating | | | PennantPark Floating History | | | PennantPark Floating Valuation | Previous | Next |
PennantPark Floating Trading Date Momentum on August 3, 2023
| On August 07 2023 PennantPark Floating Rate was traded for 539.99 at the closing time. The highest price during the trading period was 539.99 and the lowest recorded bid was listed for 539.99 . There was no trading activity during the period 1.0. Lack of trading volume on August 7, 2023 contributed to the next trading day price jump. The trading delta at closing time to the next closing price was 0.51% . The trading delta at closing time to the current price is 4.20% . |
PennantPark Floating Rate Fundamentals Correlations and Trends
By evaluating PennantPark Floating's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among PennantPark Floating's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. PennantPark financial account trend analysis is a perfect complement when working with valuation or volatility modules.About PennantPark Floating Stock history
PennantPark Floating investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for PennantPark is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in PennantPark Floating Rate will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing PennantPark Floating stock prices may prove useful in developing a viable investing in PennantPark Floating
PennantPark Floating Rate Capital Ltd. is a business development company. In case of floating rate loans, it holds investments for a period of three to ten years. PENNANTPARK FLTNG operates under Asset Management classification in Israel and is traded on Tel Aviv Stock Exchange.
PennantPark Floating Stock Technical Analysis
PennantPark Floating 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.
Price Boundaries
PennantPark Floating Period Price Range
Low | December 15, 2024
| High |
0.00 | 0.00 |
PennantPark Floating Rate cannot be verified against its exchange. Please verify the symbol is currently traded on Tel Aviv Stock Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
PennantPark Floating December 15, 2024 Market Strength
Market strength indicators help investors to evaluate how PennantPark Floating stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading PennantPark Floating shares will generate the highest return on investment. By undertsting and applying PennantPark Floating stock market strength indicators, traders can identify PennantPark Floating Rate entry and exit signals to maximize returns
PennantPark Floating Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for PennantPark Floating's price direction in advance. Along with the technical and fundamental analysis of PennantPark Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of PennantPark to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | 0.1918 | |||
| Jensen Alpha | 1.79 | |||
| Total Risk Alpha | 0.9908 | |||
| Treynor Ratio | 0.9942 |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Complementary Tools for PennantPark Stock analysis
When running PennantPark Floating's price analysis, check to measure PennantPark Floating'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 PennantPark Floating is operating at the current time. Most of PennantPark Floating's value examination focuses on studying past and present price action to predict the probability of PennantPark Floating's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move PennantPark Floating's price. Additionally, you may evaluate how the addition of PennantPark Floating to your portfolios can decrease your overall portfolio volatility.
| Correlation Analysis Reduce portfolio risk simply by holding instruments which are not perfectly correlated | |
| Portfolio Diagnostics Use generated alerts and portfolio events aggregator to diagnose current holdings | |
| Content Syndication Quickly integrate customizable finance content to your own investment portal | |
| Pattern Recognition Use different Pattern Recognition models to time the market across multiple global exchanges | |
| Portfolio Center All portfolio management and optimization tools to improve performance of your portfolios | |
| Watchlist Optimization Optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm | |
| Analyst Advice Analyst recommendations and target price estimates broken down by several categories | |
| Portfolio Suggestion Get suggestions outside of your existing asset allocation including your own model portfolios | |
| Portfolio Backtesting Avoid under-diversification and over-optimization by backtesting your portfolios |