Pilgrims Pride Corp Stock Market Value
| PPC Stock | USD 54.00 0.87 1.64% |
| Symbol | Pilgrims |
Pilgrims Pride Corp Price To Book Ratio
Is Packaged Foods & Meats space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Pilgrims Pride. If investors know Pilgrims will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Pilgrims Pride listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.742 | Earnings Share 4.57 | Revenue Per Share | Quarterly Revenue Growth (0.04) | Return On Assets |
The market value of Pilgrims Pride Corp is measured differently than its book value, which is the value of Pilgrims that is recorded on the company's balance sheet. Investors also form their own opinion of Pilgrims Pride's value that differs from its market value or its book value, called intrinsic value, which is Pilgrims Pride's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Pilgrims Pride's market value can be influenced by many factors that don't directly affect Pilgrims Pride's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Pilgrims Pride's value and its price as these two are different measures arrived at by different means. Investors typically determine if Pilgrims Pride is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Pilgrims Pride'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.
Pilgrims Pride '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 Pilgrims Pride'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 Pilgrims Pride.
| 06/01/2024 |
| 02/26/2025 |
If you would invest 0.00 in Pilgrims Pride on June 1, 2024 and sell it all today you would earn a total of 0.00 from holding Pilgrims Pride Corp or generate 0.0% return on investment in Pilgrims Pride over 270 days. Pilgrims Pride is related to or competes with Bellring Brands, Treehouse Foods, Ingredion Incorporated, JM Smucker, Lancaster Colony, John B, and Seneca Foods. Pilgrims Pride Corporation engages in the production, processing, marketing and distribution of fresh, frozen and value-... More
Pilgrims Pride 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 Pilgrims Pride'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 Pilgrims Pride Corp upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.15 | |||
| Information Ratio | 0.0403 | |||
| Maximum Drawdown | 9.16 | |||
| Value At Risk | (3.21) | |||
| Potential Upside | 3.52 |
Pilgrims Pride Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Pilgrims Pride's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Pilgrims Pride's standard deviation. In reality, there are many statistical measures that can use Pilgrims Pride historical prices to predict the future Pilgrims Pride's volatility.| Risk Adjusted Performance | 0.0414 | |||
| Jensen Alpha | 0.089 | |||
| Total Risk Alpha | 0.0732 | |||
| Sortino Ratio | 0.0381 | |||
| Treynor Ratio | (0.20) |
Pilgrims Pride Corp Backtested Returns
At this point, Pilgrims Pride is very steady. Pilgrims Pride Corp maintains Sharpe Ratio (i.e., Efficiency) of 0.0475, which implies the firm had a 0.0475 % return per unit of risk over the last 3 months. We have found thirty technical indicators for Pilgrims Pride Corp, which you can use to evaluate the volatility of the company. Please check Pilgrims Pride's Semi Deviation of 1.92, coefficient of variation of 2096.08, and Risk Adjusted Performance of 0.0414 to confirm if the risk estimate we provide is consistent with the expected return of 0.0999%. Pilgrims Pride has a performance score of 3 on a scale of 0 to 100. The company holds a Beta of -0.43, which implies possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Pilgrims Pride are expected to decrease at a much lower rate. During the bear market, Pilgrims Pride is likely to outperform the market. Pilgrims Pride Corp right now holds a risk of 2.1%. Please check Pilgrims Pride Corp treynor ratio, kurtosis, period momentum indicator, as well as the relationship between the downside variance and day median price , to decide if Pilgrims Pride Corp will be following its historical price patterns.
Auto-correlation | 0.02 |
Virtually no predictability
Pilgrims Pride Corp has virtually no predictability. Overlapping area represents the amount of predictability between Pilgrims Pride time series from 1st of June 2024 to 14th of October 2024 and 14th of October 2024 to 26th of February 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 Pilgrims Pride Corp price movement. The serial correlation of 0.02 indicates that only 2.0% of current Pilgrims Pride price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.02 | |
| Spearman Rank Test | 0.06 | |
| Residual Average | 0.0 | |
| Price Variance | 8.62 |
Pilgrims Pride Corp lagged returns against current returns
Autocorrelation, which is Pilgrims Pride 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 Pilgrims Pride's stock expected returns. We can calculate the autocorrelation of Pilgrims Pride returns to help us make a trade decision. For example, suppose you find that Pilgrims Pride 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 |
Pilgrims Pride 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 Pilgrims Pride stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Pilgrims Pride stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Pilgrims Pride stock over time.
Current vs Lagged Prices |
| Timeline |
Pilgrims Pride Lagged Returns
When evaluating Pilgrims Pride's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Pilgrims Pride stock have on its future price. Pilgrims Pride 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, Pilgrims Pride autocorrelation shows the relationship between Pilgrims Pride stock current value and its past values and can show if there is a momentum factor associated with investing in Pilgrims Pride Corp.
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.When determining whether Pilgrims Pride Corp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Pilgrims Pride's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Pilgrims Pride Corp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Pilgrims Pride Corp Stock:Check out Pilgrims Pride Correlation, Pilgrims Pride Volatility and Pilgrims Pride Alpha and Beta module to complement your research on Pilgrims Pride. You can also try the Correlation Analysis module to reduce portfolio risk simply by holding instruments which are not perfectly correlated.
Pilgrims Pride 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.