We consider PAM Transportation very steady. PAM Transportation maintains Sharpe Ratio (i.e., Efficiency) of 0.0424, which implies the company had 0.0424% of return per unit of volatility over the last 3 months. Our viewpoint regarding forecasting the volatility of a stock is to use all available market data together with stock-specific technical indicators that cannot be diversified away. We have found twenty-one technical indicators for PAM Transportation, which you can use to evaluate the future volatility of the entity. Please check PAM Transportation coefficient of variation of 2499.71, and Market Risk Adjusted Performance of 0.0621 to confirm if the risk estimate we provide is consistent with the expected return of 0.11%.
Breaking down PAM Transportation (USA Stocks:PTSI) volatility drop
 | By Raphi Shpitalnik | Macroaxis Story |
It seems as PAM Transportation will continue to recover much faster as its share price surged up 2.53% today. The company current daily volatility is 2.48 percent, with a beta of 1.65 and an alpha of -0.1 over Dow Jones Industrial. As many millenniums are trying to avoid road & rail, it makes sense to concentrate on PAM Transportation Services a little further and try to understand its current market patterns. We will evaluate if PAM Transportation shares are reasonably priced going into March.
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Reviewed by Ellen Johnson
PAM Transportation Services currently holds roughly 78.81 M in cash with 101.74 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 3.53.
The asset utilization indicator refers to the revenue earned for every dollar of assets a company currently reports. PAM Transportation has an asset utilization ratio of 120.39 percent. This implies that the company is making $1.2 for each dollar of assets. An increasing asset utilization means that PAM Transportation Services is more efficient with each dollar of assets it utilizes for everyday operations.
How important is PTSI Old's Liquidity
PTSI Old financial leverage refers to using borrowed capital as a funding source to finance PTSI Old ongoing operations. It is usually used to expand the firm's asset base and generate returns on borrowed capital. PTSI Old financial leverage is typically calculated by taking the company's all interest-bearing debt and dividing it by total capital. So the higher the debt-to-capital ratio (i.e., financial leverage), the riskier the company. Financial leverage can amplify the potential profits to PTSI Old's owners, but it also increases the potential losses and risk of financial distress, including bankruptcy, if the firm cannot cover its debt costs. The degree of PTSI Old's financial leverage can be measured in several ways, including by ratios such as the debt-to-equity ratio (total debt / total equity), equity multiplier (total assets / total equity), or the debt ratio (total debt / total assets). Please check the breakdown between PTSI Old's total debt and its cash.
PTSI Old Correlation with Peers
Investors in PTSI can reduce exposure to individual asset risk by holding a diversified portfolio of assets in addition to a long position in PTSI Old. Diversification will allow for the same portfolio return with reduced risk. The correlation table of PTSI Old and its peers is a two-dimensional matrix that shows the correlation coefficient between pairs of securities PTSI is related in some way. The cells in the table are color-coded to highlight significantly positive and negative relationships. Each cell shows the correlation between one pair of equities and can be used to run pair trading strategies or create efficient portfolios with your current brokerage. Please check volatility of PTSI for more details
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