PennyMac Financial (Germany) Price on October 21, 2024

1AC Stock  EUR 98.00  0.50  0.51%   
If you're considering investing in PennyMac Stock, it is important to understand the factors that can impact its price. As of today, the current price of PennyMac Financial stands at 98.00, as last reported on the 18th of December 2024, with the highest price reaching 98.00 and the lowest price hitting 98.00 during the day. PennyMac Financial maintains Sharpe Ratio (i.e., Efficiency) of -0.0284, which implies the firm had a -0.0284% return per unit of risk over the last 3 months. PennyMac Financial exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check PennyMac Financial's Risk Adjusted Performance of (0.02), coefficient of variation of (2,804), and Variance of 3.59 to confirm the risk estimate we provide.
  
PennyMac Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.0284

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Estimated Market Risk

 1.92
  actual daily
17
83% of assets are more volatile

Expected Return

 -0.05
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.03
  actual daily
0
Most of other assets perform better
Based on monthly moving average PennyMac Financial is not performing at its full potential. However, 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 Financial by adding PennyMac Financial to a well-diversified portfolio.

PennyMac Financial Valuation on October 21, 2024

It is possible to determine the worth of PennyMac Financial on a given historical date. On October 21, 2024 PennyMac was worth 99.18 at the beginning of the trading date compared to the closed value of 96.69. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of PennyMac Financial stock. Still, in general, we apply an absolute valuation method to find PennyMac Financial'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 Financial where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against PennyMac Financial's related companies.
 Open High Low Close Volume
  100.68    100.68    98.68    98.68    1.00  
10/21/2024
  99.18    99.18    96.69    96.69    1.00  
  95.19    95.19    93.70    93.70    1.00  
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Open Value
99.18
96.69
Closing Value
104.94
Upside

PennyMac Financial Trading Date Momentum on October 21, 2024

On October 22 2024 PennyMac Financial Services was traded for  93.70  at the closing time. The highest daily price throughout the period was 95.19  and the lowest price was  93.70 . There was no trading activity during the period 1.0. Lack of trading volume on 10/22/2024 added to the next day price reduction. The daily price change to closing price of the next trading day was 3.09% . The trading delta at closing time to current closing price is 6.18% .

PennyMac Financial Fundamentals Correlations and Trends

By evaluating PennyMac Financial'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 Financial'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 Financial Stock history

PennyMac Financial 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 Financial 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 Financial stock prices may prove useful in developing a viable investing in PennyMac Financial
PennyMac Financial Services, Inc., through its subsidiaries, engages in the mortgage banking and investment management activities in the United States. The company was founded in 2008 and is headquartered in Westlake Village, California. PENNYMAC FIN operates under Mortgage Finance classification in Germany and is traded on Frankfurt Stock Exchange. It employs 7075 people.

PennyMac Financial Stock Technical Analysis

PennyMac Financial 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 PennyMac Financial technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of PennyMac Financial 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...

Price Boundaries

PennyMac Financial Period Price Range

Low
December 18, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

PennyMac Financial Services cannot be verified against its exchange. Please verify the symbol is currently traded on Frankfurt 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 Financial December 18, 2024 Market Strength

Market strength indicators help investors to evaluate how PennyMac Financial 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 Financial shares will generate the highest return on investment. By undertsting and applying PennyMac Financial stock market strength indicators, traders can identify PennyMac Financial Services entry and exit signals to maximize returns

PennyMac Financial Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for PennyMac Financial's price direction in advance. Along with the technical and fundamental analysis of PennyMac 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.

Complementary Tools for PennyMac Stock analysis

When running PennyMac Financial's price analysis, check to measure PennyMac Financial'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 Financial is operating at the current time. Most of PennyMac Financial's value examination focuses on studying past and present price action to predict the probability of PennyMac Financial'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 Financial's price. Additionally, you may evaluate how the addition of PennyMac Financial to your portfolios can decrease your overall portfolio volatility.
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