Pagaya Technologies Stock Market Value
| PGY Stock | USD 10.71 0.35 3.38% |
| Symbol | Pagaya |
Pagaya Technologies Price To Book Ratio
Is Systems Software 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 Pagaya Technologies. If investors know Pagaya 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 Pagaya Technologies listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (2.58) | Revenue Per Share 14.375 | Quarterly Revenue Growth 0.215 | Return On Assets 0.0221 | Return On Equity (0.31) |
The market value of Pagaya Technologies is measured differently than its book value, which is the value of Pagaya that is recorded on the company's balance sheet. Investors also form their own opinion of Pagaya Technologies' value that differs from its market value or its book value, called intrinsic value, which is Pagaya Technologies' 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 Pagaya Technologies' market value can be influenced by many factors that don't directly affect Pagaya Technologies' 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 Pagaya Technologies' value and its price as these two are different measures arrived at by different means. Investors typically determine if Pagaya Technologies is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Pagaya Technologies' 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.
Pagaya Technologies '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 Pagaya Technologies' 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 Pagaya Technologies.
| 12/09/2022 |
| 11/28/2024 |
If you would invest 0.00 in Pagaya Technologies on December 9, 2022 and sell it all today you would earn a total of 0.00 from holding Pagaya Technologies or generate 0.0% return on investment in Pagaya Technologies over 720 days. Pagaya Technologies is related to or competes with Alarum Technologies, Arqit Quantum, Nutanix, Palo Alto, GigaCloud Technology, Stem, and Cerberus Cyber. Pagaya Technologies Ltd. operates as a financial technology company in Israel, the United States, and the Cayman Islands More
Pagaya Technologies 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 Pagaya Technologies' 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 Pagaya Technologies upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.03) | |||
| Maximum Drawdown | 51.11 | |||
| Value At Risk | (8.48) | |||
| Potential Upside | 11.41 |
Pagaya Technologies Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Pagaya Technologies' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Pagaya Technologies' standard deviation. In reality, there are many statistical measures that can use Pagaya Technologies historical prices to predict the future Pagaya Technologies' volatility.| Risk Adjusted Performance | (0) | |||
| Jensen Alpha | (0.66) | |||
| Total Risk Alpha | (1.30) | |||
| Treynor Ratio | (0.03) |
Pagaya Technologies Backtested Returns
Pagaya Technologies maintains Sharpe Ratio (i.e., Efficiency) of -0.0301, which implies the firm had a -0.0301% return per unit of risk over the last 3 months. Pagaya Technologies exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Pagaya Technologies' Variance of 56.29, coefficient of variation of (7,011), and insignificant Risk Adjusted Performance to confirm the risk estimate we provide. The company holds a Beta of 4.52, 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, Pagaya Technologies will likely underperform. At this point, Pagaya Technologies has a negative expected return of -0.23%. Please make sure to check Pagaya Technologies' standard deviation, potential upside, as well as the relationship between the Potential Upside and day median price , to decide if Pagaya Technologies performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.06 |
Virtually no predictability
Pagaya Technologies has virtually no predictability. Overlapping area represents the amount of predictability between Pagaya Technologies time series from 9th of December 2022 to 4th of December 2023 and 4th of December 2023 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 Pagaya Technologies price movement. The serial correlation of 0.06 indicates that barely 6.0% of current Pagaya Technologies price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.06 | |
| Spearman Rank Test | -0.29 | |
| Residual Average | 0.0 | |
| Price Variance | 5.73 |
Pagaya Technologies lagged returns against current returns
Autocorrelation, which is Pagaya Technologies 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 Pagaya Technologies' stock expected returns. We can calculate the autocorrelation of Pagaya Technologies returns to help us make a trade decision. For example, suppose you find that Pagaya Technologies 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 |
Pagaya Technologies 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 Pagaya Technologies stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Pagaya Technologies stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Pagaya Technologies stock over time.
Current vs Lagged Prices |
| Timeline |
Pagaya Technologies Lagged Returns
When evaluating Pagaya Technologies' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Pagaya Technologies stock have on its future price. Pagaya Technologies 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, Pagaya Technologies autocorrelation shows the relationship between Pagaya Technologies stock current value and its past values and can show if there is a momentum factor associated with investing in Pagaya Technologies.
Regressed Prices |
| Timeline |
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Additional Tools for Pagaya Stock Analysis
When running Pagaya Technologies' price analysis, check to measure Pagaya Technologies' 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 Pagaya Technologies is operating at the current time. Most of Pagaya Technologies' value examination focuses on studying past and present price action to predict the probability of Pagaya Technologies' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Pagaya Technologies' price. Additionally, you may evaluate how the addition of Pagaya Technologies to your portfolios can decrease your overall portfolio volatility.