Pennantpark Investment Stock Market Value
| PNNT Stock | USD 6.95 0.11 1.61% |
| Symbol | PennantPark |
PennantPark Investment Price To Book Ratio
Is Asset Management & Custody Banks 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 PennantPark Investment. If investors know PennantPark 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 PennantPark Investment 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 (0.82) | Earnings Share 0.75 | Revenue Per Share 2.167 | Quarterly Revenue Growth (0.18) | Return On Assets 0.0531 |
The market value of PennantPark Investment is measured differently than its book value, which is the value of PennantPark that is recorded on the company's balance sheet. Investors also form their own opinion of PennantPark Investment's value that differs from its market value or its book value, called intrinsic value, which is PennantPark Investment'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 PennantPark Investment's market value can be influenced by many factors that don't directly affect PennantPark Investment'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 PennantPark Investment's value and its price as these two are different measures arrived at by different means. Investors typically determine if PennantPark Investment is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, PennantPark Investment'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.
PennantPark Investment '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 PennantPark Investment'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 PennantPark Investment.
| 06/25/2024 |
| 12/22/2024 |
If you would invest 0.00 in PennantPark Investment on June 25, 2024 and sell it all today you would earn a total of 0.00 from holding PennantPark Investment or generate 0.0% return on investment in PennantPark Investment over 180 days. PennantPark Investment is related to or competes with Sixth Street, New Mountain, Carlyle Secured, BlackRock TCP, Fidus Investment, Great Elm, and Golub Capital. PennantPark Investment Corporation, a business development company is a private equity fund specializes in direct and me... More
PennantPark Investment 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 PennantPark Investment'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 PennantPark Investment upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.08 | |||
| Information Ratio | 0.0209 | |||
| Maximum Drawdown | 6.3 | |||
| Value At Risk | (1.63) | |||
| Potential Upside | 1.61 |
PennantPark Investment Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for PennantPark Investment's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as PennantPark Investment's standard deviation. In reality, there are many statistical measures that can use PennantPark Investment historical prices to predict the future PennantPark Investment's volatility.| Risk Adjusted Performance | 0.0433 | |||
| Jensen Alpha | 0.029 | |||
| Total Risk Alpha | 0.0148 | |||
| Sortino Ratio | 0.0203 | |||
| Treynor Ratio | 0.0648 |
PennantPark Investment Backtested Returns
Currently, PennantPark Investment is not too volatile. PennantPark Investment maintains Sharpe Ratio (i.e., Efficiency) of 0.0542, which implies the firm had a 0.0542% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for PennantPark Investment, which you can use to evaluate the volatility of the company. Please check PennantPark Investment's Coefficient Of Variation of 1937.3, risk adjusted performance of 0.0433, and Semi Deviation of 0.9689 to confirm if the risk estimate we provide is consistent with the expected return of 0.0573%. PennantPark Investment has a performance score of 4 on a scale of 0 to 100. The company holds a Beta of 0.68, which implies possible diversification benefits within a given portfolio. As returns on the market increase, PennantPark Investment's returns are expected to increase less than the market. However, during the bear market, the loss of holding PennantPark Investment is expected to be smaller as well. PennantPark Investment right now holds a risk of 1.06%. Please check PennantPark Investment value at risk, as well as the relationship between the kurtosis and market facilitation index , to decide if PennantPark Investment will be following its historical price patterns.
Auto-correlation | -0.18 |
Insignificant reverse predictability
PennantPark Investment has insignificant reverse predictability. Overlapping area represents the amount of predictability between PennantPark Investment time series from 25th of June 2024 to 23rd of September 2024 and 23rd of September 2024 to 22nd 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 PennantPark Investment price movement. The serial correlation of -0.18 indicates that over 18.0% of current PennantPark Investment price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.18 | |
| Spearman Rank Test | -0.37 | |
| Residual Average | 0.0 | |
| Price Variance | 0.01 |
PennantPark Investment lagged returns against current returns
Autocorrelation, which is PennantPark Investment 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 PennantPark Investment's stock expected returns. We can calculate the autocorrelation of PennantPark Investment returns to help us make a trade decision. For example, suppose you find that PennantPark Investment 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 |
PennantPark Investment 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 PennantPark Investment stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if PennantPark Investment stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in PennantPark Investment stock over time.
Current vs Lagged Prices |
| Timeline |
PennantPark Investment Lagged Returns
When evaluating PennantPark Investment's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of PennantPark Investment stock have on its future price. PennantPark Investment 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, PennantPark Investment autocorrelation shows the relationship between PennantPark Investment stock current value and its past values and can show if there is a momentum factor associated with investing in PennantPark Investment.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Additional Tools for PennantPark Stock Analysis
When running PennantPark Investment's price analysis, check to measure PennantPark Investment'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 PennantPark Investment is operating at the current time. Most of PennantPark Investment's value examination focuses on studying past and present price action to predict the probability of PennantPark Investment's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move PennantPark Investment's price. Additionally, you may evaluate how the addition of PennantPark Investment to your portfolios can decrease your overall portfolio volatility.