Ping Identity Holding Performance
The company holds a Beta of 0.0, which implies not very significant fluctuations relative to the market. the returns on MARKET and Ping Identity are completely uncorrelated.
Risk-Adjusted Performance
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Over the last 90 days Ping Identity Holding has generated negative risk-adjusted returns adding no value to investors with long positions. Despite nearly stable basic indicators, Ping Identity is not utilizing all of its potentials. The current stock price disturbance, may contribute to mid-run losses for the stockholders. ...more
| Quick Ratio | 2.73 | |
| Fifty Two Week Low | 15.85 | |
| Target High Price | 31.00 | |
| Fifty Two Week High | 30.40 | |
| Target Low Price | 28.00 |
Ping |
Ping Identity Relative Risk vs. Return Landscape
If you would invest (100.00) in Ping Identity Holding on September 27, 2024 and sell it today you would earn a total of 100.00 from holding Ping Identity Holding or generate -100.0% return on investment over 90 days. Ping Identity Holding is currently does not generate positive expected returns and assumes 0.0% risk (volatility on return distribution) over the 90 days horizon. In different words, 0% of stocks are less volatile than Ping, and 99% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
| Risk |
Ping Identity Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Ping Identity's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Ping Identity Holding, and traders can use it to determine the average amount a Ping Identity's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.0
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Based on monthly moving average Ping Identity is not performing at its full potential. However, 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 Ping Identity by adding Ping Identity to a well-diversified portfolio.
Ping Identity Fundamentals Growth
Ping Stock prices reflect investors' perceptions of the future prospects and financial health of Ping Identity, and Ping Identity fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Ping Stock performance.
| Return On Equity | -14.78 | |||
| Return On Asset | -6.07 | |||
| Profit Margin | (34.24) % | |||
| Operating Margin | (32.87) % | |||
| Current Valuation | 2.55 B | |||
| Shares Outstanding | 83.58 M | |||
| Price To Book | 3.15 X | |||
| Price To Sales | 7.73 X | |||
| Revenue | 308.32 M | |||
| EBITDA | (78.4 M) | |||
| Cash And Equivalents | 210.3 M | |||
| Cash Per Share | 2.45 X | |||
| Total Debt | 308.11 M | |||
| Debt To Equity | 0.44 % | |||
| Book Value Per Share | 9.06 X | |||
| Cash Flow From Operations | (5.99 M) | |||
| Earnings Per Share | (0.51) X | |||
| Total Asset | 881.32 M | |||
| Retained Earnings | (2.99 M) | |||
| Current Asset | 157.4 M | |||
| Current Liabilities | 60.36 M | |||
Things to note about Ping Identity Holding performance evaluation
Checking the ongoing alerts about Ping Identity for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Ping Identity Holding help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Ping Identity is not yet fully synchronised with the market data | |
| Ping Identity has some characteristics of a very speculative penny stock | |
| Ping Identity has a very high chance of going through financial distress in the upcoming years | |
| The company reported the previous year's revenue of 308.32 M. Net Loss for the year was (105.58 M) with profit before overhead, payroll, taxes, and interest of 231.51 M. | |
| Ping Identity Holding currently holds about 210.3 M in cash with (5.99 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 2.45. | |
| Over 94.0% of the company shares are owned by institutional investors |
- Analyzing Ping Identity's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Ping Identity's stock is overvalued or undervalued compared to its peers.
- Examining Ping Identity's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Ping Identity's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Ping Identity's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Ping Identity's stock. These opinions can provide insight into Ping Identity's potential for growth and whether the stock is currently undervalued or overvalued.
Check out Your Equity Center to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. You can also try the Equity Search module to search for actively traded equities including funds and ETFs from over 30 global markets.
Other Consideration for investing in Ping Stock
If you are still planning to invest in Ping Identity Holding check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Ping Identity's history and understand the potential risks before investing.
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