Portman Ridge Finance Stock Beta
| PTMN Stock | USD 17.12 0.07 0.41% |
Portman Ridge Finance fundamentals help investors to digest information that contributes to Portman Ridge's financial success or failures. It also enables traders to predict the movement of Portman Stock. The fundamental analysis module provides a way to measure Portman Ridge's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Portman Ridge stock.
Portman | Beta |
Portman Ridge Finance Company Beta Analysis
Portman Ridge's Beta is one of the most important measures of equity market volatility. Beta can be thought of as asset elasticity or sensitivity to market. In other words, it is a number that shows the relationship of an equity instrument to the financial market in which this instrument is traded. For example, if Beta of equity is 2, it is expected to significantly outperform market when the market is going up and significantly underperform when the market is going down. Similarly, Beta of 1 indicates that an asset and market will generate similar returns over time.
Current Portman Ridge Beta | 0.98 |
Most of Portman Ridge's fundamental indicators, such as Beta, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Portman Ridge Finance is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Portman Beta Driver Correlations
Understanding the fundamental principles of building solid financial models for Portman Ridge is extremely important. It helps to project a fair market value of Portman Stock properly, considering its historical fundamentals such as Beta. Since Portman Ridge's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Portman Ridge's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Portman Ridge's interrelated accounts and indicators.
Click cells to compare fundamentals
In a nutshell, Beta is a measure of individual stock risk relative to the overall volatility of the stock market. and is calculated based on very sound finance theory - Capital Assets Pricing Model (CAPM).However, since Beta is calculated based on historical price movements it may not predict how a firm's stock is going to perform in the future.
| Competition |
In accordance with the recently published financial statements, Portman Ridge Finance has a Beta of 0.975. This is 18.9% higher than that of the Capital Markets sector and 20.08% lower than that of the Financials industry. The beta for all United States stocks is notably lower than that of the firm.
Portman Beta Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Portman Ridge's direct or indirect competition against its Beta to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Portman Ridge could also be used in its relative valuation, which is a method of valuing Portman Ridge by comparing valuation metrics of similar companies.Portman Ridge is currently under evaluation in beta category among its peers.
Portman Ridge ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Portman Ridge's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Portman Ridge's managers, analysts, and investors.Environmental | Governance | Social |
Portman Ridge Institutional Holders
Institutional Holdings refers to the ownership stake in Portman Ridge that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Portman Ridge's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Portman Ridge's value.| Shares | Founders Financial Alliance, Llc | 2024-09-30 | 58.5 K | Connor Clark & Lunn Inv Mgmt Ltd | 2024-06-30 | 48.7 K | International Assets Investment Management, Llc | 2024-09-30 | 43.2 K | Redhawk Wealth Advisors Inc | 2024-09-30 | 43.1 K | Kennedy Capital Management Inc | 2024-09-30 | 40.4 K | Blackrock Inc | 2024-06-30 | 31.2 K | Deltec Asset Management Llc | 2024-09-30 | 27 K | Trexquant Investment Lp | 2024-06-30 | 26.8 K | Bi Asset Management Fondsmaeglerselskab A/s | 2024-09-30 | 25.8 K | Repertoire Partners Lp | 2024-06-30 | 504.5 K | Punch & Associates Inv Mgmt Inc | 2024-09-30 | 211.1 K |
Portman Ridge returns are very sensitive to returns on the market. As the market goes up or down, Portman Ridge is expected to follow.
Portman Fundamentals
| Return On Equity | 0.0179 | ||||
| Return On Asset | 0.058 | ||||
| Profit Margin | 0.05 % | ||||
| Operating Margin | 0.72 % | ||||
| Current Valuation | 408.26 M | ||||
| Shares Outstanding | 9.2 M | ||||
| Shares Owned By Insiders | 2.30 % | ||||
| Shares Owned By Institutions | 17.93 % | ||||
| Number Of Shares Shorted | 50.02 K | ||||
| Price To Earning | 34.79 X | ||||
| Price To Book | 0.83 X | ||||
| Price To Sales | 2.38 X | ||||
| Revenue | 58.4 M | ||||
| Gross Profit | 69.61 M | ||||
| EBITDA | 36.69 M | ||||
| Net Income | 11.38 M | ||||
| Cash And Equivalents | 22.04 M | ||||
| Cash Per Share | 2.30 X | ||||
| Total Debt | 322.41 M | ||||
| Debt To Equity | 1.37 % | ||||
| Current Ratio | 1.70 X | ||||
| Book Value Per Share | 20.36 X | ||||
| Cash Flow From Operations | 120.9 M | ||||
| Short Ratio | 1.03 X | ||||
| Earnings Per Share | 0.37 X | ||||
| Price To Earnings To Growth | 0.50 X | ||||
| Target Price | 18.33 | ||||
| Beta | 0.98 | ||||
| Market Capitalization | 156.88 M | ||||
| Total Asset | 549.24 M | ||||
| Retained Earnings | (504.41 M) | ||||
| Annual Yield | 0.16 % | ||||
| Five Year Return | 13.83 % | ||||
| Net Asset | 549.24 M | ||||
| Last Dividend Paid | 2.76 |
About Portman Ridge Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Portman Ridge Finance's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Portman Ridge using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Portman Ridge Finance based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Pair Trading with Portman Ridge
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 Portman Ridge 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 Portman Ridge will appreciate offsetting losses from the drop in the long position's value.Moving against Portman Stock
| 0.8 | PX | P10 Inc | PairCorr |
| 0.76 | DIST | Distoken Acquisition | PairCorr |
| 0.71 | DHIL | Diamond Hill Investment | PairCorr |
| 0.69 | GS | Goldman Sachs Group Fiscal Year End 21st of January 2025 | PairCorr |
| 0.68 | V | Visa Class A | PairCorr |
The ability to find closely correlated positions to Portman Ridge could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Portman Ridge 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 Portman Ridge - 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 Portman Ridge Finance to buy it.
The correlation of Portman Ridge 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 Portman Ridge moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Portman Ridge Finance 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 Portman Ridge 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.Check out Portman Ridge Piotroski F Score and Portman Ridge Altman Z Score analysis. You can also try the Equity Forecasting module to use basic forecasting models to generate price predictions and determine price momentum.
Is Capital Markets space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Portman Ridge. If investors know Portman will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Portman Ridge listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 82.399 | Dividend Share 2.76 | Earnings Share 0.37 | Revenue Per Share 7.055 | Quarterly Revenue Growth (0.18) |
The market value of Portman Ridge Finance is measured differently than its book value, which is the value of Portman that is recorded on the company's balance sheet. Investors also form their own opinion of Portman Ridge's value that differs from its market value or its book value, called intrinsic value, which is Portman Ridge's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Portman Ridge's market value can be influenced by many factors that don't directly affect Portman Ridge's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Portman Ridge's value and its price as these two are different measures arrived at by different means. Investors typically determine if Portman Ridge is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Portman Ridge's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.