Pennymac Mortgage Investment Preferred Stock Price on August 28, 2023
| PMT-PC Preferred Stock | 21.20 0.08 0.38% |
If you're considering investing in PennyMac Preferred Stock, it is important to understand the factors that can impact its price. As of today, the current price of PennyMac Mortgage stands at 21.20, as last reported on the 13th of October 2024, with the highest price reaching 21.20 and the lowest price hitting 21.13 during the day. At this point, PennyMac Mortgage is very steady. PennyMac Mortgage maintains Sharpe Ratio (i.e., Efficiency) of 0.25, which implies the firm had a 0.25% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for PennyMac Mortgage, which you can use to evaluate the volatility of the company. Please check PennyMac Mortgage's Risk Adjusted Performance of 0.2045, coefficient of variation of 400.53, and Semi Deviation of 0.2601 to confirm if the risk estimate we provide is consistent with the expected return of 0.17%.
PennyMac Preferred Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
PennyMac |
Sharpe Ratio = 0.2492
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | PMT-PC | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 0.67 actual daily | 5 95% of assets are more volatile |
Expected Return
| 0.17 actual daily | 3 97% of assets have higher returns |
Risk-Adjusted Return
| 0.25 actual daily | 19 81% of assets perform better |
Based on monthly moving average PennyMac Mortgage is performing at about 19% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of PennyMac Mortgage by adding it to a well-diversified portfolio.
PennyMac Mortgage Valuation on August 28, 2023
It is possible to determine the worth of PennyMac Mortgage on a given historical date. On August 28, 2023 PennyMac was worth 16.5 at the beginning of the trading date compared to the closed value of 16.6. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of PennyMac Mortgage preferred stock. Still, in general, we apply an absolute valuation method to find PennyMac Mortgage's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of PennyMac Mortgage where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against PennyMac Mortgage's related companies.
| Open | High | Low | Close | Volume | |
| 16.48 | 16.70 | 16.42 | 16.67 | 18,884 | |
08/28/2023 | 16.50 | 16.76 | 16.43 | 16.60 | 59,398 |
| 16.65 | 16.76 | 16.60 | 16.66 | 39,541 |
| Backtest PennyMac Mortgage | | | PennyMac Mortgage History | | | PennyMac Mortgage Valuation | Previous | Next |
PennyMac Mortgage Trading Date Momentum on August 28, 2023
| On August 29 2023 PennyMac Mortgage Investment was traded for 16.66 at the closing time. The maximum traded price for the trading interval was 16.76 and the lowest daily price was 16.60 . The daily volume was recorded at 39.5 K. The volume of trading on 29th of August 2023 played a part in the next trading day price growth. The trading delta at closing time to the next closing price was 0.36% . The trading delta at closing time to the closing price today is 1.39% . |
PennyMac Mortgage Fundamentals Correlations and Trends
By evaluating PennyMac Mortgage's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among PennyMac Mortgage's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. PennyMac financial account trend analysis is a perfect complement when working with valuation or volatility modules.About PennyMac Mortgage Preferred Stock history
PennyMac Mortgage investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for PennyMac is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in PennyMac Mortgage will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing PennyMac Mortgage stock prices may prove useful in developing a viable investing in PennyMac Mortgage
PennyMac Mortgage Preferred Stock Technical Analysis
PennyMac Mortgage technical preferred 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, preferred stock market cycles, or different charting patterns.
Price Boundaries
PennyMac Mortgage Period Price Range
Low | October 13, 2024
| High |
0.00 | 0.00 |
PennyMac Mortgage Investment cannot be verified against its exchange. Please verify the symbol is currently traded on NASDAQ Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
PennyMac Mortgage October 13, 2024 Market Strength
Market strength indicators help investors to evaluate how PennyMac Mortgage preferred stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading PennyMac Mortgage shares will generate the highest return on investment. By undertsting and applying PennyMac Mortgage preferred stock market strength indicators, traders can identify PennyMac Mortgage Investment entry and exit signals to maximize returns
PennyMac Mortgage Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for PennyMac Mortgage's price direction in advance. Along with the technical and fundamental analysis of PennyMac Preferred Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of PennyMac to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | 0.2045 | |||
| Jensen Alpha | 0.1391 | |||
| Total Risk Alpha | 0.07 | |||
| Sortino Ratio | 0.0831 | |||
| Treynor Ratio | 0.9545 |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Complementary Tools for PennyMac Preferred Stock analysis
When running PennyMac Mortgage's price analysis, check to measure PennyMac Mortgage'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 PennyMac Mortgage is operating at the current time. Most of PennyMac Mortgage's value examination focuses on studying past and present price action to predict the probability of PennyMac Mortgage's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move PennyMac Mortgage's price. Additionally, you may evaluate how the addition of PennyMac Mortgage to your portfolios can decrease your overall portfolio volatility.
| Insider Screener Find insiders across different sectors to evaluate their impact on performance | |
| Pair Correlation Compare performance and examine fundamental relationship between any two equity instruments | |
| Instant Ratings Determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
| Portfolio Comparator Compare the composition, asset allocations and performance of any two portfolios in your account | |
| Portfolio Backtesting Avoid under-diversification and over-optimization by backtesting your portfolios | |
| Portfolio Volatility Check portfolio volatility and analyze historical return density to properly model market risk | |
| CEOs Directory Screen CEOs from public companies around the world | |
| Idea Analyzer Analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas | |
| Portfolio Rebalancing Analyze risk-adjusted returns against different time horizons to find asset-allocation targets |