Pacs Group, Stock Market Value
| PACS Stock | 15.18 0.13 0.86% |
| Symbol | PACS |
PACS Group, Company Valuation
Is Health Care Providers & Services 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 PACS Group,. If investors know PACS 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 PACS Group, listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share 0.61 | Revenue Per Share 26.578 | Quarterly Revenue Growth 0.291 |
The market value of PACS Group, is measured differently than its book value, which is the value of PACS that is recorded on the company's balance sheet. Investors also form their own opinion of PACS Group,'s value that differs from its market value or its book value, called intrinsic value, which is PACS Group,'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 PACS Group,'s market value can be influenced by many factors that don't directly affect PACS Group,'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 PACS Group,'s value and its price as these two are different measures arrived at by different means. Investors typically determine if PACS Group, is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, PACS Group,'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.
PACS Group, '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 PACS Group,'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 PACS Group,.
| 10/05/2024 |
| 12/04/2024 |
If you would invest 0.00 in PACS Group, on October 5, 2024 and sell it all today you would earn a total of 0.00 from holding PACS Group, or generate 0.0% return on investment in PACS Group, over 60 days. PACS Group, is related to or competes with Pinterest, Getty Images, Tandy Leather, FactSet Research, Duluth Holdings, Vera Bradley, and Boot Barn. PACS Group, is entity of United States. It is traded as Stock on NYSE exchange. More
PACS Group, 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 PACS Group,'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 PACS Group, upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.19) | |||
| Maximum Drawdown | 41.86 | |||
| Value At Risk | (7.08) | |||
| Potential Upside | 3.08 |
PACS Group, Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for PACS Group,'s investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as PACS Group,'s standard deviation. In reality, there are many statistical measures that can use PACS Group, historical prices to predict the future PACS Group,'s volatility.| Risk Adjusted Performance | (0.12) | |||
| Jensen Alpha | (1.03) | |||
| Total Risk Alpha | (1.99) | |||
| Treynor Ratio | 1.47 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of PACS Group,'s price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
PACS Group, Backtested Returns
PACS Group, retains Efficiency (Sharpe Ratio) of -0.17, which implies the company had a -0.17% return per unit of risk over the last 3 months. PACS Group, exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check PACS Group,'s coefficient of variation of (592.20), and Market Risk Adjusted Performance of 1.48 to confirm the risk estimate we provide. The firm owns a Beta (Systematic Risk) of -0.75, which implies possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning PACS Group, are expected to decrease at a much lower rate. During the bear market, PACS Group, is likely to outperform the market. At this point, PACS Group, has a negative expected return of -1.13%. Please make sure to check PACS Group,'s treynor ratio, as well as the relationship between the kurtosis and day typical price , to decide if PACS Group, performance from the past will be repeated in the future.
Auto-correlation | -0.24 |
Weak reverse predictability
PACS Group, has weak reverse predictability. Overlapping area represents the amount of predictability between PACS Group, time series from 5th of October 2024 to 4th of November 2024 and 4th of November 2024 to 4th of December 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of PACS Group, price movement. The serial correlation of -0.24 indicates that over 24.0% of current PACS Group, price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.24 | |
| Spearman Rank Test | -0.54 | |
| Residual Average | 0.0 | |
| Price Variance | 16.98 |
PACS Group, lagged returns against current returns
Autocorrelation, which is PACS Group, stock's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting PACS Group,'s stock expected returns. We can calculate the autocorrelation of PACS Group, returns to help us make a trade decision. For example, suppose you find that PACS Group, has exhibited high autocorrelation historically, and you observe that the stock is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
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PACS Group, regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If PACS Group, stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if PACS Group, stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in PACS Group, stock over time.
Current vs Lagged Prices |
| Timeline |
PACS Group, Lagged Returns
When evaluating PACS Group,'s market value, investors can use the concept of autocorrelation to see how much of an impact past prices of PACS Group, stock have on its future price. PACS Group, autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, PACS Group, autocorrelation shows the relationship between PACS Group, stock current value and its past values and can show if there is a momentum factor associated with investing in PACS Group,.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Additional Tools for PACS Stock Analysis
When running PACS Group,'s price analysis, check to measure PACS Group,'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 PACS Group, is operating at the current time. Most of PACS Group,'s value examination focuses on studying past and present price action to predict the probability of PACS Group,'s future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move PACS Group,'s price. Additionally, you may evaluate how the addition of PACS Group, to your portfolios can decrease your overall portfolio volatility.