PulteGroup,'s market value is the price at which a share of PulteGroup, trades on a public exchange. It measures the collective expectations of PulteGroup, investors about its performance. PulteGroup, is trading at 720.04 as of the 4th of January 2025, a No Change since the beginning of the trading day. The stock's open price was 720.04. With this module, you can estimate the performance of a buy and hold strategy of PulteGroup, and determine expected loss or profit from investing in PulteGroup, over a given investment horizon. Check out PulteGroup, Correlation, PulteGroup, Volatility and PulteGroup, Alpha and Beta module to complement your research on PulteGroup,.
Please note, there is a significant difference between PulteGroup,'s value and its price as these two are different measures arrived at by different means. Investors typically determine if PulteGroup, is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, PulteGroup,'s price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
PulteGroup, '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 PulteGroup,'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 PulteGroup,.
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12/05/2024
No Change 0.00
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In 30 days
01/04/2025
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If you would invest 0.00 in PulteGroup, on December 5, 2024 and sell it all today you would earn a total of 0.00 from holding PulteGroup, or generate 0.0% return on investment in PulteGroup, over 30 days. PulteGroup, is related to or competes with Ameriprise Financial, Waste Management, Capital One, Marfrig Global, Prudential Financial, and Electronic Arts. PulteGroup, Inc., through its subsidiaries, primarily engages in the homebuilding business in the United States More
PulteGroup, 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 PulteGroup,'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 PulteGroup, upside and downside potential and time the market with a certain degree of confidence.
Today, many novice investors tend to focus exclusively on investment returns with little concern for PulteGroup,'s investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as PulteGroup,'s standard deviation. In reality, there are many statistical measures that can use PulteGroup, historical prices to predict the future PulteGroup,'s volatility.
Please note, it is not enough to conduct a financial or market analysis of a single entity such as PulteGroup,. Your research has to be compared to or analyzed against PulteGroup,'s peers to derive any actionable benefits. When done correctly, PulteGroup,'s competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in PulteGroup,.
PulteGroup, Backtested Returns
PulteGroup, maintains Sharpe Ratio (i.e., Efficiency) of -0.0832, which implies the firm had a -0.0832% return per unit of risk over the last 3 months. PulteGroup, exposes nineteen different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check PulteGroup,'s Coefficient Of Variation of (993.15), variance of 1.34, and Risk Adjusted Performance of (0.08) to confirm the risk estimate we provide. The company holds a Beta of 0.0506, which implies not very significant fluctuations relative to the market. As returns on the market increase, PulteGroup,'s returns are expected to increase less than the market. However, during the bear market, the loss of holding PulteGroup, is expected to be smaller as well. At this point, PulteGroup, has a negative expected return of -0.1%. Please make sure to check PulteGroup,'s value at risk, skewness, and the relationship between the total risk alpha and potential upside , to decide if PulteGroup, performance from the past will be repeated at some point in the near future.
Auto-correlation
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No correlation between past and present
PulteGroup, has no correlation between past and present. Overlapping area represents the amount of predictability between PulteGroup, time series from 5th of December 2024 to 20th of December 2024 and 20th of December 2024 to 4th of January 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 PulteGroup, price movement. The serial correlation of 0.0 indicates that just 0.0% of current PulteGroup, price fluctuation can be explain by its past prices.
Correlation Coefficient
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Spearman Rank Test
1.0
Residual Average
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Price Variance
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PulteGroup, lagged returns against current returns
Autocorrelation, which is PulteGroup, 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 PulteGroup,'s stock expected returns. We can calculate the autocorrelation of PulteGroup, returns to help us make a trade decision. For example, suppose you find that PulteGroup, 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
PulteGroup, 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 PulteGroup, stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if PulteGroup, stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in PulteGroup, stock over time.
Current vs Lagged Prices
Timeline
PulteGroup, Lagged Returns
When evaluating PulteGroup,'s market value, investors can use the concept of autocorrelation to see how much of an impact past prices of PulteGroup, stock have on its future price. PulteGroup, 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, PulteGroup, autocorrelation shows the relationship between PulteGroup, stock current value and its past values and can show if there is a momentum factor associated with investing in PulteGroup,.
Regressed Prices
Timeline
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
Other Information on Investing in PulteGroup, Stock
PulteGroup, financial ratios help investors to determine whether PulteGroup, Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in PulteGroup, with respect to the benefits of owning PulteGroup, security.