PennyMac Financial Statements From 2010 to 2024
| PMT-PC Preferred Stock | 20.80 0.18 0.87% |
Check PennyMac Mortgage financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among PennyMac Mortgage's main balance sheet or income statement drivers, such as , as well as many indicators such as . PennyMac financial statements analysis is a perfect complement when working with PennyMac Mortgage Valuation or Volatility modules.
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PennyMac Mortgage Investment Company Beta Analysis
PennyMac Mortgage's Beta is one of the most important measures of equity market volatility. Beta can be thought of as asset elasticity or sensitivity to market. In other words, it is a number that shows the relationship of an equity instrument to the financial market in which this instrument is traded. For example, if Beta of equity is 2, it is expected to significantly outperform market when the market is going up and significantly underperform when the market is going down. Similarly, Beta of 1 indicates that an asset and market will generate similar returns over time.
Current PennyMac Mortgage Beta | 1.42 |
Most of PennyMac Mortgage's fundamental indicators, such as Beta, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, PennyMac Mortgage Investment is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
In a nutshell, Beta is a measure of individual stock risk relative to the overall volatility of the stock market. and is calculated based on very sound finance theory - Capital Assets Pricing Model (CAPM).However, since Beta is calculated based on historical price movements it may not predict how a firm's stock is going to perform in the future.
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In accordance with the recently published financial statements, PennyMac Mortgage Investment has a Beta of 1.4222. This is 97.53% higher than that of the Capital Markets sector and significantly higher than that of the Financials industry. The beta for all United States preferred stocks is notably lower than that of the firm.
About PennyMac Mortgage Financial Statements
PennyMac Mortgage stakeholders use historical fundamental indicators, such as PennyMac Mortgage's revenue or net income, to determine how well the company is positioned to perform in the future. Although PennyMac Mortgage investors may analyze each financial statement separately, they are all interrelated. For example, changes in PennyMac Mortgage's assets and liabilities are reflected in the revenues and expenses on PennyMac Mortgage's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in PennyMac Mortgage Investment. Please read more on our technical analysis and fundamental analysis pages.
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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 PennyMac Preferred Stock
PennyMac Mortgage financial ratios help investors to determine whether PennyMac Preferred 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 PennyMac with respect to the benefits of owning PennyMac Mortgage security.