Pennymac Finl Svcs Stock Market Value
| PFSI Stock | USD 107.13 0.26 0.24% |
| Symbol | PennyMac |
PennyMac Finl Svcs Price To Book Ratio
Is Commercial & Residential Mortgage Finance 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 PennyMac Finl. If investors know PennyMac 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 PennyMac Finl 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 (0.27) | Dividend Share 1 | Earnings Share 3.18 | Revenue Per Share 54.823 | Quarterly Revenue Growth 4.826 |
The market value of PennyMac Finl Svcs is measured differently than its book value, which is the value of PennyMac that is recorded on the company's balance sheet. Investors also form their own opinion of PennyMac Finl's value that differs from its market value or its book value, called intrinsic value, which is PennyMac Finl'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 PennyMac Finl's market value can be influenced by many factors that don't directly affect PennyMac Finl'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 PennyMac Finl's value and its price as these two are different measures arrived at by different means. Investors typically determine if PennyMac Finl is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, PennyMac Finl'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.
PennyMac Finl '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 PennyMac Finl'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 PennyMac Finl.
| 11/01/2024 |
| 12/01/2024 |
If you would invest 0.00 in PennyMac Finl on November 1, 2024 and sell it all today you would earn a total of 0.00 from holding PennyMac Finl Svcs or generate 0.0% return on investment in PennyMac Finl over 30 days. PennyMac Finl is related to or competes with Encore Capital, Greystone Housing, Guild Holdings, Security National, Timbercreek Financial, and CNFinance Holdings. PennyMac Financial Services, Inc., through its subsidiaries, engages in the mortgage banking and investment management a... More
PennyMac Finl 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 PennyMac Finl'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 PennyMac Finl Svcs upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.62 | |||
| Information Ratio | (0.04) | |||
| Maximum Drawdown | 7.68 | |||
| Value At Risk | (2.17) | |||
| Potential Upside | 2.33 |
PennyMac Finl Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for PennyMac Finl's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as PennyMac Finl's standard deviation. In reality, there are many statistical measures that can use PennyMac Finl historical prices to predict the future PennyMac Finl's volatility.| Risk Adjusted Performance | 0.0425 | |||
| Jensen Alpha | (0) | |||
| Total Risk Alpha | (0.20) | |||
| Sortino Ratio | (0.04) | |||
| Treynor Ratio | 0.1204 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of PennyMac Finl'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.
PennyMac Finl Svcs Backtested Returns
PennyMac Finl is very steady at the moment. PennyMac Finl Svcs maintains Sharpe Ratio (i.e., Efficiency) of 0.0217, which implies the firm had a 0.0217% return per unit of risk over the last 3 months. We have found thirty technical indicators for PennyMac Finl Svcs, which you can use to evaluate the volatility of the company. Please check PennyMac Finl's Semi Deviation of 1.57, coefficient of variation of 2045.36, and Risk Adjusted Performance of 0.0425 to confirm if the risk estimate we provide is consistent with the expected return of 0.0331%. PennyMac Finl has a performance score of 1 on a scale of 0 to 100. The company holds a Beta of 0.56, which implies possible diversification benefits within a given portfolio. As returns on the market increase, PennyMac Finl's returns are expected to increase less than the market. However, during the bear market, the loss of holding PennyMac Finl is expected to be smaller as well. PennyMac Finl Svcs right now holds a risk of 1.53%. Please check PennyMac Finl Svcs expected short fall, and the relationship between the maximum drawdown and rate of daily change , to decide if PennyMac Finl Svcs will be following its historical price patterns.
Auto-correlation | 0.62 |
Good predictability
PennyMac Finl Svcs has good predictability. Overlapping area represents the amount of predictability between PennyMac Finl time series from 1st of November 2024 to 16th of November 2024 and 16th of November 2024 to 1st 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 PennyMac Finl Svcs price movement. The serial correlation of 0.62 indicates that roughly 62.0% of current PennyMac Finl price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.62 | |
| Spearman Rank Test | 0.54 | |
| Residual Average | 0.0 | |
| Price Variance | 3.28 |
PennyMac Finl Svcs lagged returns against current returns
Autocorrelation, which is PennyMac Finl 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 PennyMac Finl's stock expected returns. We can calculate the autocorrelation of PennyMac Finl returns to help us make a trade decision. For example, suppose you find that PennyMac Finl 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 |
PennyMac Finl 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 PennyMac Finl stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if PennyMac Finl stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in PennyMac Finl stock over time.
Current vs Lagged Prices |
| Timeline |
PennyMac Finl Lagged Returns
When evaluating PennyMac Finl's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of PennyMac Finl stock have on its future price. PennyMac Finl 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, PennyMac Finl autocorrelation shows the relationship between PennyMac Finl stock current value and its past values and can show if there is a momentum factor associated with investing in PennyMac Finl Svcs.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
When determining whether PennyMac Finl Svcs offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of PennyMac Finl's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Pennymac Finl Svcs Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Pennymac Finl Svcs Stock:Check out PennyMac Finl Correlation, PennyMac Finl Volatility and PennyMac Finl Alpha and Beta module to complement your research on PennyMac Finl. You can also try the Economic Indicators module to top statistical indicators that provide insights into how an economy is performing.
PennyMac Finl 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.