Pennantpark Floating Rate Stock Alpha and Beta Analysis
| PFLT Stock | USD 11.07 0.01 0.09% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as PennantPark Floating Rate. It also helps investors analyze the systematic and unsystematic risks associated with investing in PennantPark Floating over a specified time horizon. Remember, high PennantPark Floating's alpha is almost always a sign of good performance; however, a high beta will depend on investors' risk tolerance level and may signal increased volatility and potential future overvaluation. Key technical indicators related to PennantPark Floating's market risk premium analysis include:
Beta 0.17 | Alpha 0.0179 | Risk 0.81 | Sharpe Ratio 0.0146 | Expected Return 0.0119 |
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Alpha is a measure of relative performance on a risk-adjusted basis, while beta measures volatility against the benchmark. The goal is to know if an investor is being compensated for the volatility risk taken. The return on investment might be better than its reference but still not compensate for the assumption of the risk.
PennantPark |
PennantPark Floating Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. PennantPark Floating market risk premium is the additional return an investor will receive from holding PennantPark Floating long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in PennantPark Floating. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Alpha and beta are two of the key measurements used to evaluate PennantPark Floating's performance over market.| α | 0.02 | β | 0.17 |
PennantPark Floating expected buy-and-hold returns
Although buy-and-hold investment strategy may not appeal to all investors, it may be used as a good measure of PennantPark Floating's Buy-and-hold return. Our buy-and-hold chart shows how PennantPark Floating performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.PennantPark Floating Market Price Analysis
Market price analysis indicators help investors to evaluate how PennantPark Floating stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading PennantPark Floating shares will generate the highest return on investment. By understating and applying PennantPark Floating stock market price indicators, traders can identify PennantPark Floating position entry and exit signals to maximize returns.
PennantPark Floating Return and Market Media
The median price of PennantPark Floating for the period between Fri, Aug 30, 2024 and Thu, Nov 28, 2024 is 11.22 with a coefficient of variation of 1.95. The daily time series for the period is distributed with a sample standard deviation of 0.22, arithmetic mean of 11.22, and mean deviation of 0.18. The Stock received substential amount of media coverage during this period. Price Growth (%) |
| Timeline |
| PennantPark Floating dividend paid on 1st of October 2024 | 10/01/2024 |
1 | PennantPark Floating Rate Capital Ltd. Announces Monthly Distribution of 0.1025 per Share | 10/02/2024 |
2 | PennantPark Floating Rate Capital Ltd. Schedules Earnings Release of Fourth Fiscal Quarter 2024 Results | 10/03/2024 |
3 | PennantPark Floating Rate Capital Ltd. to Issue Monthly Dividend of 0.10 on November 1st | 10/14/2024 |
4 | 3 Superb Ultra-High-Yield Dividend Stocks With Yields North of 10 percent That Make for No-Brainer Buys Right Now | 10/22/2024 |
| PennantPark Floating dividend paid on 1st of November 2024 | 11/01/2024 |
5 | Geo Group Misses Q3 Earnings and Revenue Estimates | 11/07/2024 |
6 | PennantPark Fiscal Q4 Earnings Snapshot | 11/25/2024 |
About PennantPark Floating Beta and Alpha
For many years both, Alpha and Beta indicators are used by professional money managers as critical performance measurement tools across virtually all financial instruments including PennantPark or other stocks. Alpha measures the amount that position in PennantPark Floating Rate has returned in comparison to a selected market index or another relevant benchmark. In other words, Alpha is the excess return on an investment relative to the performance of your selected benchmark. Beta, on the other hand, measures the relative risk of your investment.
| 2021 | 2022 | 2024 (projected) | PTB Ratio | 0.75 | 0.83 | 0.66 | Price To Sales Ratio | 33.94 | 3.9 | 3.34 |
PennantPark Floating Upcoming Company Events
As portrayed in its financial statements, the presentation of PennantPark Floating's financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, PennantPark Floating's leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of PennantPark Floating's public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of PennantPark Floating. Please utilize our Beneish M Score to check the likelihood of PennantPark Floating's management manipulating its earnings.
| 7th of February 2024 Upcoming Quarterly Report | View | |
| 8th of May 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 20th of November 2024 Next Fiscal Year End | View | |
| 30th of September 2023 Last Quarter Report | View | |
| 30th of September 2023 Last Financial Announcement | View |
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Additional Tools for PennantPark Stock Analysis
When running PennantPark Floating's price analysis, check to measure PennantPark Floating'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 PennantPark Floating is operating at the current time. Most of PennantPark Floating's value examination focuses on studying past and present price action to predict the probability of PennantPark Floating's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move PennantPark Floating's price. Additionally, you may evaluate how the addition of PennantPark Floating to your portfolios can decrease your overall portfolio volatility.