Pennant Group Stock Price on January 22, 2024
PNTG Stock | USD 26.54 0.08 0.30% |
If you're considering investing in Pennant Stock, it is important to understand the factors that can impact its price. As of today, the current price of Pennant stands at 26.54, as last reported on the 6th of January, with the highest price reaching 26.98 and the lowest price hitting 26.26 during the day. Pennant Group maintains Sharpe Ratio (i.e., Efficiency) of -0.16, which implies the firm had a -0.16% return per unit of risk over the last 3 months. Pennant Group exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Pennant's Coefficient Of Variation of (605.95), variance of 4.34, and Risk Adjusted Performance of (0.13) to confirm the risk estimate we provide.
Pennant Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Pennant |
Sharpe Ratio = -0.165
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Estimated Market Risk
2.08 actual daily | 18 82% of assets are more volatile |
Expected Return
-0.34 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.16 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Pennant 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 Pennant by adding Pennant to a well-diversified portfolio.
Pennant Valuation on January 22, 2024
It is possible to determine the worth of Pennant on a given historical date. On January 22, 2024 Pennant was worth 15.85 at the beginning of the trading date compared to the closed value of 16.16. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Pennant stock. Still, in general, we apply an absolute valuation method to find Pennant'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 Pennant where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Pennant's related companies.
Open | High | Low | Close | Volume | |
15.72 | 15.81 | 15.40 | 15.71 | 121,000 | |
01/22/2024 | 15.85 | 16.29 | 15.85 | 16.16 | 142,800 |
16.32 | 16.32 | 16.00 | 16.08 | 85,600 |
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Pennant Trading Date Momentum on January 22, 2024
On January 23 2024 Pennant Group was traded for 16.08 at the closing time. The top price for the day was 16.32 and the lowest listed price was 16.00 . The trading volume for the day was 85.6 K. The trading history from January 23, 2024 was a factor to the next trading day price decrease. The trading delta at closing time against the next closing price was 0.50% . The trading delta at closing time against the current closing price is 7.30% . |
Pennant Group Fundamentals Correlations and Trends
By evaluating Pennant'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 Pennant's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Pennant financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Pennant Stock history
Pennant 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 Pennant is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Pennant Group 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 Pennant stock prices may prove useful in developing a viable investing in Pennant
The Pennant Group, Inc. provides healthcare services in the United States. The Pennant Group, Inc. was incorporated in 2019 and is headquartered in Eagle, Idaho. Pennant operates under Medical Care Facilities classification in the United States and is traded on NASDAQ Exchange. It employs 6441 people.
Pennant Stock Technical Analysis
Pennant 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
Pennant Period Price Range
Low | January 6, 2025
| High |
0.00 | 0.00 |
Pennant Group 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.
Pennant January 6, 2025 Market Strength
Market strength indicators help investors to evaluate how Pennant stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Pennant shares will generate the highest return on investment. By undertsting and applying Pennant stock market strength indicators, traders can identify Pennant Group entry and exit signals to maximize returns
Pennant Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Pennant's price direction in advance. Along with the technical and fundamental analysis of Pennant Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Pennant 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 | (0.13) | |||
Jensen Alpha | (0.36) | |||
Total Risk Alpha | (0.39) | |||
Treynor Ratio | (2.43) |
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Pattern Recognition | ||
Price Transform | ||
Statistic Functions | ||
Volatility Indicators | ||
Volume Indicators |
Complementary Tools for Pennant Stock analysis
When running Pennant's price analysis, check to measure Pennant'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 Pennant is operating at the current time. Most of Pennant's value examination focuses on studying past and present price action to predict the probability of Pennant's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Pennant's price. Additionally, you may evaluate how the addition of Pennant to your portfolios can decrease your overall portfolio volatility.
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