Pultegroup Stock Market Value

PHM Stock  USD 120.62  2.61  2.21%   
PulteGroup's market value is the price at which a share of PulteGroup trades on a public exchange. It measures the collective expectations of PulteGroup investors about its performance. PulteGroup is selling at 120.62 as of the 29th of March 2024; that is 2.21 percent increase since the beginning of the trading day. The stock's lowest day price was 118.12.
With this module, you can estimate the performance of a buy and hold strategy of PulteGroup and determine expected loss or profit from investing in PulteGroup over a given investment horizon. Check out PulteGroup Correlation, PulteGroup Volatility and PulteGroup Alpha and Beta module to complement your research on PulteGroup.
To learn how to invest in PulteGroup Stock, please use our How to Invest in PulteGroup guide.
Symbol

PulteGroup Price To Book Ratio

Is PulteGroup's industry 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 PulteGroup. If investors know PulteGroup 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 PulteGroup 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
(0.15)
Dividend Share
0.68
Earnings Share
11.98
Revenue Per Share
73.021
Quarterly Revenue Growth
(0.15)
The market value of PulteGroup is measured differently than its book value, which is the value of PulteGroup that is recorded on the company's balance sheet. Investors also form their own opinion of PulteGroup's value that differs from its market value or its book value, called intrinsic value, which is PulteGroup'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 PulteGroup's market value can be influenced by many factors that don't directly affect PulteGroup'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 PulteGroup's value and its price as these two are different measures arrived at by different means. Investors typically determine if PulteGroup is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, PulteGroup'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.

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.
0.00
05/09/2022
No Change 0.00  0.0 
In 1 year 10 months and 21 days
03/29/2024
0.00
If you would invest  0.00  in PulteGroup on May 9, 2022 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 690 days. PulteGroup is related to or competes with Merit Medical, Microchip Technology, FormFactor, Viemed Healthcare, Valens, Amgen, and GlucoTrack. 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.

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.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of PulteGroup'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.
Hype
Prediction
LowEstimatedHigh
118.97120.62122.27
Details
Intrinsic
Valuation
LowRealHigh
98.46100.11132.68
Details
18 Analysts
Consensus
LowTargetHigh
86.8895.47105.97
Details
Earnings
Estimates (0)
LowProjected EPSHigh
2.282.362.49
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as PulteGroup. Your research has to be compared to or analyzed against PulteGroup's peers to derive any actionable benefits. When done correctly, PulteGroup's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in PulteGroup.

PulteGroup Backtested Returns

PulteGroup appears to be very steady, given 3 months investment horizon. PulteGroup maintains Sharpe Ratio (i.e., Efficiency) of 0.18, which implies the firm had a 0.18% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for PulteGroup, which you can use to evaluate the volatility of the company. Please evaluate PulteGroup's Semi Deviation of 1.56, risk adjusted performance of 0.0978, and Coefficient Of Variation of 608.65 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, PulteGroup holds a performance score of 14. The company holds a Beta of 1.73, 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, PulteGroup will likely underperform. Please check PulteGroup's maximum drawdown, as well as the relationship between the expected short fall and rate of daily change , to make a quick decision on whether PulteGroup's historical price patterns will revert.

Auto-correlation

    
  0.90  

Excellent predictability

PulteGroup has excellent predictability. Overlapping area represents the amount of predictability between PulteGroup time series from 9th of May 2022 to 19th of April 2023 and 19th of April 2023 to 29th of March 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 0.9 indicates that approximately 90.0% of current PulteGroup price fluctuation can be explain by its past prices.
Correlation Coefficient0.9
Spearman Rank Test0.71
Residual Average0.0
Price Variance236.22

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  

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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.
To learn how to invest in PulteGroup Stock, please use our How to Invest in PulteGroup guide.
Note that the PulteGroup information on this page should be used as a complementary analysis to other PulteGroup's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Volatility Analysis module to get historical volatility and risk analysis based on latest market data.

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When running PulteGroup's price analysis, check to measure PulteGroup'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 PulteGroup is operating at the current time. Most of PulteGroup's value examination focuses on studying past and present price action to predict the probability of PulteGroup's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move PulteGroup's price. Additionally, you may evaluate how the addition of PulteGroup to your portfolios can decrease your overall portfolio volatility.
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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.
A focus of PulteGroup technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of PulteGroup trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...