This firm conducts business under
Technology sector and is part of
Software—Infrastructure industry. Our advice module can be used to complement Ping Identity recommendation provided by
average analyst sentiment. It analyzes the firm's potential to grow using fundamental, technical, data market data available at the time.
Ping Identity
financial leverage refers to using borrowed capital as a funding source to finance Ping Identity Holding ongoing operations. It is usually used to expand the firm's asset base and generate returns on borrowed capital. Ping Identity 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 Ping Identity'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 Ping Identity'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 Ping Identity's total debt and its cash.
To perform a cash flow analysis of Ping Identity, investors first need to understand how to read the cash flow statement. A cash flow statement shows the amount of cash Ping Identity is receiving and how much cash it distributes out in a given period. The Ping Identity cash flow statement breaks down these inflows and outflows into different buckets, including operating activities, investing activities, and financing activities.
Ping Identity appears to be not too volatile, given 1 month investment horizon.
Ping Identity Holding maintains Sharpe Ratio (i.e. Efficiency) of 0.13, which implies the firm had 0.13% of return per unit of risk over the last month. Our standpoint towards forecasting the volatility of a stock is to use all available market data together with stock specific
technical indicators that cannot be
diversified away. By analyzing
Ping Identity Holding technical indicators you can presently evaluate if the expected return of 0.74% is justified by implied risk. Please employ Ping Identity Holding
semi deviation of 5.67,
coefficient of variation of 1128.55, and
risk adjusted performance of 0.1634 to confirm if our risk estimates are consistent with your expectations.
Are Ping Identity technical ratios showing a relapse?
Coefficient of variation is down to 1128.55. It may indicate a possible volatility dip. Ping Identity Holding exhibits above-average semi-deviation for your current time horizon. We encourage investors to investigate Ping Identity Holding individually to make sure intended market timing strategies and available technical indicagtors are consistent with their estimates about Ping Identity future systematic risk.
Our Takeaway on Ping Identity Investment
Although some firms under the software—infrastructure industry are still a bit expensive, Ping Identity may offer a potential longer-term growth to shareholders. All things considered, as of the 20th of July 2020, our research shows that Ping Identity is a rather not too volatile investment opportunity with a
very low chance of financial distress in the next two years. From a slightly different view, the entity currently appears to be
overvalued. Our primary 30 days buy vs. sell advice on the firm is
Sell.
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Try AI Portfolio ArchitectRaphi Shpitalnik is a Junior Member of Macroaxis Editorial Board. Raphael is a young entrepreneur who joined Macroaxis on a part-time basis at the beginning of the pandemic and eventually acquired a real taste for investing and fintech. He likes to analyze different equity instruments across a wide range of industries, focusing primarily on consumer products, sports, fintech, cannabis, and AI.
View Profile This story should be regarded as informational only and should not be considered a solicitation to sell or buy any financial products. Macroaxis does not express any opinion as to the present or future value of any investments referred to in this post. This post may not be reproduced without the consent of Macroaxis LLC. Macroaxis LLC and Raphi Shpitalnik do not own shares of Ping Identity Holding. Please refer to our
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