Pure Storage Stock Market Value
| PSTG Stock | USD 56.00 0.78 1.41% |
| Symbol | Pure |
Is Technology Hardware, Storage & Peripherals 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 Pure Storage. If investors know Pure 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 Pure Storage 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 (0.39) | Earnings Share 0.38 | Revenue Per Share 9.956 | Quarterly Revenue Growth 0.123 | Return On Assets 0.0161 |
The market value of Pure Storage is measured differently than its book value, which is the value of Pure that is recorded on the company's balance sheet. Investors also form their own opinion of Pure Storage's value that differs from its market value or its book value, called intrinsic value, which is Pure Storage'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 Pure Storage's market value can be influenced by many factors that don't directly affect Pure Storage'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 Pure Storage's value and its price as these two are different measures arrived at by different means. Investors typically determine if Pure Storage is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Pure Storage'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.
Pure Storage '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 Pure Storage'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 Pure Storage.
| 04/04/2025 |
| 07/03/2025 |
If you would invest 0.00 in Pure Storage on April 4, 2025 and sell it all today you would earn a total of 0.00 from holding Pure Storage or generate 0.0% return on investment in Pure Storage over 90 days. Pure Storage is related to or competes with Sonos, EastGroup Properties, Inflection Point, Cresud SACIF, Kulicke, and Eltek. Pure Storage, Inc. provides data storage technologies, products, and services in the United States and internationally More
Pure Storage 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 Pure Storage'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 Pure Storage upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 3.6 | |||
| Information Ratio | 0.0681 | |||
| Maximum Drawdown | 21.75 | |||
| Value At Risk | (5.21) | |||
| Potential Upside | 5.64 |
Pure Storage Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Pure Storage's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Pure Storage's standard deviation. In reality, there are many statistical measures that can use Pure Storage historical prices to predict the future Pure Storage's volatility.| Risk Adjusted Performance | 0.1685 | |||
| Jensen Alpha | 0.1734 | |||
| Total Risk Alpha | 0.1185 | |||
| Sortino Ratio | 0.0689 | |||
| Treynor Ratio | 0.207 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Pure Storage'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.
Pure Storage Backtested Returns
Pure Storage appears to be very steady, given 3 months investment horizon. Pure Storage maintains Sharpe Ratio (i.e., Efficiency) of 0.23, which implies the firm had a 0.23 % return per unit of risk over the last 3 months. By analyzing Pure Storage's technical indicators, you can evaluate if the expected return of 0.71% is justified by implied risk. Please evaluate Pure Storage's Semi Deviation of 3.25, risk adjusted performance of 0.1685, and Coefficient Of Variation of 1001.78 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Pure Storage holds a performance score of 17. The company holds a Beta of 1.7, 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, Pure Storage will likely underperform. Please check Pure Storage's potential upside, as well as the relationship between the kurtosis and day typical price , to make a quick decision on whether Pure Storage's historical price patterns will revert.
Auto-correlation | 0.04 |
Virtually no predictability
Pure Storage has virtually no predictability. Overlapping area represents the amount of predictability between Pure Storage time series from 4th of April 2025 to 19th of May 2025 and 19th of May 2025 to 3rd of July 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Pure Storage price movement. The serial correlation of 0.04 indicates that only as little as 4.0% of current Pure Storage price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.04 | |
| Spearman Rank Test | -0.12 | |
| Residual Average | 0.0 | |
| Price Variance | 2.11 |
Pure Storage lagged returns against current returns
Autocorrelation, which is Pure Storage 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 Pure Storage's stock expected returns. We can calculate the autocorrelation of Pure Storage returns to help us make a trade decision. For example, suppose you find that Pure Storage 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 |
Pure Storage 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 Pure Storage stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Pure Storage stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Pure Storage stock over time.
Current vs Lagged Prices |
| Timeline |
Pure Storage Lagged Returns
When evaluating Pure Storage's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Pure Storage stock have on its future price. Pure Storage 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, Pure Storage autocorrelation shows the relationship between Pure Storage stock current value and its past values and can show if there is a momentum factor associated with investing in Pure Storage.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
| VREX | Varex Imaging Corp | |
| ENPH | Enphase Energy | |
| BDC | Belden Inc | |
| ZETA | Zeta Global Holdings | |
| BTCS | BTCS Inc |
Check out Pure Storage Correlation, Pure Storage Volatility and Pure Storage Alpha and Beta module to complement your research on Pure Storage. For more detail on how to invest in Pure Stock please use our How to Invest in Pure Storage guide.You can also try the Idea Analyzer module to analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas.
Pure Storage 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.