PulteGroup (Germany) Market Value
| PU7 Stock | EUR 128.40 0.76 0.59% |
| Symbol | PulteGroup |
PulteGroup '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 PulteGroup'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 PulteGroup.
| 06/06/2024 |
| 12/03/2024 |
If you would invest 0.00 in PulteGroup on June 6, 2024 and sell it all today you would earn a total of 0.00 from holding PulteGroup or generate 0.0% return on investment in PulteGroup over 180 days. PulteGroup is related to or competes with PLAYTIKA HOLDING, Playtech Plc, Ares Management, CVS Health, TRAVEL +, and JD SPORTS. PulteGroup, Inc., through its subsidiaries, primarily engages in the homebuilding business in the United States More
PulteGroup 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 PulteGroup'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 PulteGroup upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.69 | |||
| Information Ratio | 0.0099 | |||
| Maximum Drawdown | 11.98 | |||
| Value At Risk | (5.09) | |||
| Potential Upside | 3.15 |
PulteGroup Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for PulteGroup's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as PulteGroup's standard deviation. In reality, there are many statistical measures that can use PulteGroup historical prices to predict the future PulteGroup's volatility.| Risk Adjusted Performance | 0.0545 | |||
| Jensen Alpha | 0.1229 | |||
| Total Risk Alpha | (0.22) | |||
| Sortino Ratio | 0.0087 | |||
| Treynor Ratio | 1.07 |
PulteGroup Backtested Returns
PulteGroup appears to be very steady, given 3 months investment horizon. PulteGroup maintains Sharpe Ratio (i.e., Efficiency) of 0.0968, which implies the firm had a 0.0968% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for PulteGroup, which you can use to evaluate the volatility of the company. Please evaluate PulteGroup's Semi Deviation of 2.43, risk adjusted performance of 0.0545, and Coefficient Of Variation of 1600.86 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, PulteGroup holds a performance score of 7. The company holds a Beta of 0.13, which implies not very significant fluctuations relative to the market. As returns on the market increase, PulteGroup's returns are expected to increase less than the market. However, during the bear market, the loss of holding PulteGroup is expected to be smaller as well. Please check PulteGroup's sortino ratio, maximum drawdown, and the relationship between the total risk alpha and treynor ratio , to make a quick decision on whether PulteGroup's historical price patterns will revert.
Auto-correlation | -0.12 |
Insignificant reverse predictability
PulteGroup has insignificant reverse predictability. Overlapping area represents the amount of predictability between PulteGroup time series from 6th of June 2024 to 4th of September 2024 and 4th of September 2024 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 PulteGroup price movement. The serial correlation of -0.12 indicates that less than 12.0% of current PulteGroup price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.12 | |
| Spearman Rank Test | -0.26 | |
| Residual Average | 0.0 | |
| Price Variance | 26.12 |
PulteGroup lagged returns against current returns
Autocorrelation, which is PulteGroup 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 PulteGroup's stock expected returns. We can calculate the autocorrelation of PulteGroup returns to help us make a trade decision. For example, suppose you find that PulteGroup 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 |
PulteGroup 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 PulteGroup stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if PulteGroup stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in PulteGroup stock over time.
Current vs Lagged Prices |
| Timeline |
PulteGroup Lagged Returns
When evaluating PulteGroup's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of PulteGroup stock have on its future price. PulteGroup 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, PulteGroup autocorrelation shows the relationship between PulteGroup stock current value and its past values and can show if there is a momentum factor associated with investing in PulteGroup.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Additional Information and Resources on Investing in PulteGroup Stock
When determining whether PulteGroup is a strong investment it is important to analyze PulteGroup's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact PulteGroup's future performance. For an informed investment choice regarding PulteGroup Stock, refer to the following important reports:Check out PulteGroup Correlation, PulteGroup Volatility and PulteGroup Alpha and Beta module to complement your research on PulteGroup. For more detail on how to invest in PulteGroup Stock please use our How to Invest in PulteGroup guide.You can also try the Portfolio Rebalancing module to analyze risk-adjusted returns against different time horizons to find asset-allocation targets.
PulteGroup 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.