PagerDuty (Germany) Market Value
| 2TY Stock | 14.46 0.39 2.63% |
| Symbol | PagerDuty |
PagerDuty '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 PagerDuty'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 PagerDuty.
| 12/16/2024 |
| 03/16/2025 |
If you would invest 0.00 in PagerDuty on December 16, 2024 and sell it all today you would earn a total of 0.00 from holding PagerDuty or generate 0.0% return on investment in PagerDuty over 90 days. PagerDuty is related to or competes with Gaming, ANTA Sports, USWE SPORTS, COLUMBIA SPORTSWEAR, and BURLINGTON STORES. More
PagerDuty 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 PagerDuty'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 PagerDuty upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.22) | |||
| Maximum Drawdown | 7.65 | |||
| Value At Risk | (3.13) | |||
| Potential Upside | 2.42 |
PagerDuty Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for PagerDuty's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as PagerDuty's standard deviation. In reality, there are many statistical measures that can use PagerDuty historical prices to predict the future PagerDuty's volatility.| Risk Adjusted Performance | (0.24) | |||
| Jensen Alpha | (0.47) | |||
| Total Risk Alpha | (0.27) | |||
| Treynor Ratio | (7.07) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of PagerDuty'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.
PagerDuty Backtested Returns
PagerDuty maintains Sharpe Ratio (i.e., Efficiency) of -0.26, which implies the firm had a -0.26 % return per unit of risk over the last 3 months. PagerDuty exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check PagerDuty's Coefficient Of Variation of (357.35), variance of 2.82, and Risk Adjusted Performance of (0.24) to confirm the risk estimate we provide. The company holds a Beta of 0.0679, which implies not very significant fluctuations relative to the market. As returns on the market increase, PagerDuty's returns are expected to increase less than the market. However, during the bear market, the loss of holding PagerDuty is expected to be smaller as well. At this point, PagerDuty has a negative expected return of -0.45%. Please make sure to check PagerDuty's standard deviation, kurtosis, period momentum indicator, as well as the relationship between the maximum drawdown and day median price , to decide if PagerDuty performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.43 |
Modest reverse predictability
PagerDuty has modest reverse predictability. Overlapping area represents the amount of predictability between PagerDuty time series from 16th of December 2024 to 30th of January 2025 and 30th of January 2025 to 16th of March 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 PagerDuty price movement. The serial correlation of -0.43 indicates that just about 43.0% of current PagerDuty price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.43 | |
| Spearman Rank Test | -0.3 | |
| Residual Average | 0.0 | |
| Price Variance | 0.96 |
PagerDuty lagged returns against current returns
Autocorrelation, which is PagerDuty 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 PagerDuty's stock expected returns. We can calculate the autocorrelation of PagerDuty returns to help us make a trade decision. For example, suppose you find that PagerDuty 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 |
PagerDuty 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 PagerDuty stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if PagerDuty stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in PagerDuty stock over time.
Current vs Lagged Prices |
| Timeline |
PagerDuty Lagged Returns
When evaluating PagerDuty's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of PagerDuty stock have on its future price. PagerDuty 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, PagerDuty autocorrelation shows the relationship between PagerDuty stock current value and its past values and can show if there is a momentum factor associated with investing in PagerDuty.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Additional Tools for PagerDuty Stock Analysis
When running PagerDuty's price analysis, check to measure PagerDuty'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 PagerDuty is operating at the current time. Most of PagerDuty's value examination focuses on studying past and present price action to predict the probability of PagerDuty's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move PagerDuty's price. Additionally, you may evaluate how the addition of PagerDuty to your portfolios can decrease your overall portfolio volatility.