Porch Group Stock Market Value
| PRCH Stock | USD 3.66 0.12 3.17% |
| Symbol | Porch |
Porch Group Price To Book Ratio
Is Application 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 Porch. If investors know Porch 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 Porch listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.66) | Revenue Per Share 4.589 | Quarterly Revenue Growth (0.14) | Return On Assets (0.06) | Return On Equity (153.11) |
The market value of Porch Group is measured differently than its book value, which is the value of Porch that is recorded on the company's balance sheet. Investors also form their own opinion of Porch's value that differs from its market value or its book value, called intrinsic value, which is Porch'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 Porch's market value can be influenced by many factors that don't directly affect Porch'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 Porch's value and its price as these two are different measures arrived at by different means. Investors typically determine if Porch is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Porch'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.
Porch '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 Porch'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 Porch.
| 12/14/2022 |
| 12/03/2024 |
If you would invest 0.00 in Porch on December 14, 2022 and sell it all today you would earn a total of 0.00 from holding Porch Group or generate 0.0% return on investment in Porch over 720 days. Porch is related to or competes with Blend Labs, Grindr, SmartRent, MoneyLion, Nerdy, Wag Group, and Enfusion. Porch Group, Inc. operates a software platform in the United States and Canada More
Porch 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 Porch'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 Porch Group upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 6.67 | |||
| Information Ratio | 0.1637 | |||
| Maximum Drawdown | 84.56 | |||
| Value At Risk | (11.04) | |||
| Potential Upside | 10.77 |
Porch Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Porch's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Porch's standard deviation. In reality, there are many statistical measures that can use Porch historical prices to predict the future Porch's volatility.| Risk Adjusted Performance | 0.142 | |||
| Jensen Alpha | 2.13 | |||
| Total Risk Alpha | 0.2915 | |||
| Sortino Ratio | 0.309 | |||
| Treynor Ratio | 5.53 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Porch'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.
Porch Group Backtested Returns
Porch is dangerous given 3 months investment horizon. Porch Group maintains Sharpe Ratio (i.e., Efficiency) of 0.19, which implies the firm had a 0.19% return per unit of risk over the last 3 months. We were able to break down twenty-nine different technical indicators, which can help you to evaluate if expected returns of 2.39% are justified by taking the suggested risk. Use Porch Coefficient Of Variation of 576.24, risk adjusted performance of 0.142, and Semi Deviation of 5.79 to evaluate company specific risk that cannot be diversified away. Porch holds a performance score of 14 on a scale of zero to a hundred. The company holds a Beta of 0.39, which implies possible diversification benefits within a given portfolio. As returns on the market increase, Porch's returns are expected to increase less than the market. However, during the bear market, the loss of holding Porch is expected to be smaller as well. Use Porch expected short fall, and the relationship between the value at risk and daily balance of power , to analyze future returns on Porch.
Auto-correlation | 0.30 |
Below average predictability
Porch Group has below average predictability. Overlapping area represents the amount of predictability between Porch time series from 14th of December 2022 to 9th of December 2023 and 9th of December 2023 to 3rd 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 Porch Group price movement. The serial correlation of 0.3 indicates that nearly 30.0% of current Porch price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.3 | |
| Spearman Rank Test | 0.27 | |
| Residual Average | 0.0 | |
| Price Variance | 0.78 |
Porch Group lagged returns against current returns
Autocorrelation, which is Porch 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 Porch's stock expected returns. We can calculate the autocorrelation of Porch returns to help us make a trade decision. For example, suppose you find that Porch 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 |
Porch 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 Porch stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Porch stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Porch stock over time.
Current vs Lagged Prices |
| Timeline |
Porch Lagged Returns
When evaluating Porch's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Porch stock have on its future price. Porch 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, Porch autocorrelation shows the relationship between Porch stock current value and its past values and can show if there is a momentum factor associated with investing in Porch Group.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
When determining whether Porch Group offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Porch'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 Porch Group Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Porch Group Stock:Check out Porch Correlation, Porch Volatility and Porch Alpha and Beta module to complement your research on Porch. You can also try the Pattern Recognition module to use different Pattern Recognition models to time the market across multiple global exchanges.
Porch 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.