PennyMac Mortgage (Germany) Price on August 26, 2024
8PM Stock | EUR 11.90 0.00 0.00% |
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 Mortgage stands at 11.90, as last reported on the 3rd of January, with the highest price reaching 11.90 and the lowest price hitting 11.90 during the day. PennyMac Mortgage maintains Sharpe Ratio (i.e., Efficiency) of -0.0209, which implies the firm had a -0.0209% return per unit of risk over the last 3 months. PennyMac Mortgage exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check PennyMac Mortgage's Coefficient Of Variation of 6058.23, risk adjusted performance of 0.0152, and Semi Deviation of 0.9102 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.
PennyMac |
Sharpe Ratio = -0.0209
Best Portfolio | Best Equity | |||
Good Returns | ||||
Average Returns | ||||
Small Returns | ||||
Cash | Small Risk | Average Risk | High Risk | Huge Risk |
Negative Returns | 8PM |
Estimated Market Risk
1.03 actual daily | 9 91% of assets are more volatile |
Expected Return
-0.02 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.02 actual daily | 0 Most of other assets perform better |
Based on monthly moving average PennyMac Mortgage 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 Mortgage by adding PennyMac Mortgage to a well-diversified portfolio.
PennyMac Mortgage Valuation on August 26, 2024
It is possible to determine the worth of PennyMac Mortgage on a given historical date. On August 26, 2024 PennyMac was worth 11.62 at the beginning of the trading date compared to the closed value of 11.62. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of PennyMac Mortgage 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 | |
11.53 | 11.53 | 11.53 | 11.53 | 264.00 | |
08/26/2024 | 11.62 | 11.62 | 11.62 | 11.62 | 1.00 |
11.71 | 11.71 | 11.71 | 11.71 | 1.00 |
Backtest PennyMac Mortgage | | | PennyMac Mortgage History | | | PennyMac Mortgage Valuation | Previous | Next |
PennyMac Mortgage Trading Date Momentum on August 26, 2024
On August 27 2024 PennyMac Mortgage Investment was traded for 11.71 at the closing time. The highest daily price throughout the period was 11.71 and the lowest price was 11.71 . There was no trading activity during the period 1.0. Lack of trading volume on 08/27/2024 added to the next day price rise. The daily price change to closing price of the next trading day was 0.77% . The trading delta at closing time to current closing price is 0.00% . |
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 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 Investment Trust, a specialty finance company, invests primarily in residential mortgage loans and mortgage-related assets in the United States. The company was founded in 2009 and is based in Westlake Village, California. PENNYMAC MRTGE operates under REIT - Diversified classification in Germany and is traded on Frankfurt Stock Exchange. It employs 3 people.
PennyMac Mortgage Stock Technical Analysis
PennyMac Mortgage 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.
Price Boundaries
PennyMac Mortgage Period Price Range
Low | January 3, 2025
| High |
0.00 | 0.00 |
PennyMac Mortgage Investment 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 Mortgage January 3, 2025 Market Strength
Market strength indicators help investors to evaluate how PennyMac Mortgage 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 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 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 | 0.0152 | |||
Jensen Alpha | 0.0064 | |||
Total Risk Alpha | 0.0044 | |||
Sortino Ratio | 0.0033 | |||
Treynor Ratio | (0.88) |
Cycle Indicators | ||
Math Operators | ||
Math Transform | ||
Momentum Indicators | ||
Overlap Studies | ||
Pattern Recognition | ||
Price Transform | ||
Statistic Functions | ||
Volatility Indicators | ||
Volume Indicators |
Complementary Tools for PennyMac 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.
Risk-Return Analysis View associations between returns expected from investment and the risk you assume | |
Bollinger Bands Use Bollinger Bands indicator to analyze target price for a given investing horizon | |
Portfolio Dashboard Portfolio dashboard that provides centralized access to all your investments | |
Sectors List of equity sectors categorizing publicly traded companies based on their primary business activities | |
Top Crypto Exchanges Search and analyze digital assets across top global cryptocurrency exchanges | |
Competition Analyzer Analyze and compare many basic indicators for a group of related or unrelated entities |