Pamt P Stock Market Value
| PAMT Stock | 18.30 0.41 2.19% |
| Symbol | PAMT |
Is Cargo Ground Transportation 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 PAMT P. If investors know PAMT 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 PAMT P 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 (0.60) | Earnings Share (0.12) | Revenue Per Share 33.197 | Quarterly Revenue Growth (0.09) | Return On Assets 0.0001 |
The market value of PAMT P is measured differently than its book value, which is the value of PAMT that is recorded on the company's balance sheet. Investors also form their own opinion of PAMT P's value that differs from its market value or its book value, called intrinsic value, which is PAMT P'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 PAMT P's market value can be influenced by many factors that don't directly affect PAMT P'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 PAMT P's value and its price as these two are different measures arrived at by different means. Investors typically determine if PAMT P is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, PAMT P'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.
PAMT P '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 PAMT P'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 PAMT P.
| 09/29/2024 |
| 11/28/2024 |
If you would invest 0.00 in PAMT P on September 29, 2024 and sell it all today you would earn a total of 0.00 from holding PAMT P or generate 0.0% return on investment in PAMT P over 60 days. PAMT P is related to or competes with Old Dominion, ArcBest Corp, Marten Transport, Werner Enterprises, Knight Transportation, Saia, and Universal Logistics. Parametric Sound Corporationration, an audio technology company, designs and markets audio peripherals for video game consoles, personal computers, and mobile devices. More
PAMT P 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 PAMT P'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 PAMT P upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 3.41 | |||
| Information Ratio | 0.0027 | |||
| Maximum Drawdown | 23.52 | |||
| Value At Risk | (4.50) | |||
| Potential Upside | 5.13 |
PAMT P Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for PAMT P's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as PAMT P's standard deviation. In reality, there are many statistical measures that can use PAMT P historical prices to predict the future PAMT P's volatility.| Risk Adjusted Performance | 0.0355 | |||
| Jensen Alpha | (0.07) | |||
| Total Risk Alpha | (0.44) | |||
| Sortino Ratio | 0.0029 | |||
| Treynor Ratio | 0.073 |
PAMT P Backtested Returns
Currently, PAMT P is not too volatile. PAMT P maintains Sharpe Ratio (i.e., Efficiency) of 0.0218, which implies the company had a 0.0218% return per unit of volatility over the last 3 months. We have found twenty-nine technical indicators for PAMT P, which you can use to evaluate the volatility of the entity. Please check PAMT P's market risk adjusted performance of 0.083, and Coefficient Of Variation of 2779.42 to confirm if the risk estimate we provide is consistent with the expected return of 0.0816%. PAMT P has a performance score of 1 on a scale of 0 to 100. The firm holds a Beta of 1.72, which implies a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, PAMT P will likely underperform. PAMT P now holds a risk of 3.75%. Please check PAMT P expected short fall, and the relationship between the maximum drawdown and rate of daily change , to decide if PAMT P will be following its historical price patterns.
Auto-correlation | -0.09 |
Very weak reverse predictability
PAMT P has very weak reverse predictability. Overlapping area represents the amount of predictability between PAMT P time series from 29th of September 2024 to 29th of October 2024 and 29th of October 2024 to 28th of November 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 PAMT P price movement. The serial correlation of -0.09 indicates that less than 9.0% of current PAMT P price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.09 | |
| Spearman Rank Test | -0.55 | |
| Residual Average | 0.0 | |
| Price Variance | 2.88 |
PAMT P lagged returns against current returns
Autocorrelation, which is PAMT P 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 PAMT P's stock expected returns. We can calculate the autocorrelation of PAMT P returns to help us make a trade decision. For example, suppose you find that PAMT P 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 |
| Timeline |
PAMT P 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 PAMT P stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if PAMT P stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in PAMT P stock over time.
Current vs Lagged Prices |
| Timeline |
PAMT P Lagged Returns
When evaluating PAMT P's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of PAMT P stock have on its future price. PAMT P 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, PAMT P autocorrelation shows the relationship between PAMT P stock current value and its past values and can show if there is a momentum factor associated with investing in PAMT P.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Additional Tools for PAMT Stock Analysis
When running PAMT P's price analysis, check to measure PAMT P'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 PAMT P is operating at the current time. Most of PAMT P's value examination focuses on studying past and present price action to predict the probability of PAMT P's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move PAMT P's price. Additionally, you may evaluate how the addition of PAMT P to your portfolios can decrease your overall portfolio volatility.