Pennymac Mortgage Investment Preferred Stock Price on February 27, 2024
| PMT-PA Preferred Stock | USD 24.81 0.12 0.49% |
If you're considering investing in PennyMac Preferred Stock, it is important to understand the factors that can impact its price. As of today, the current price of PennyMac Mortgage stands at 24.81, as last reported on the 25th of November, with the highest price reaching 24.95 and the lowest price hitting 24.75 during the day. At this point, PennyMac Mortgage is very steady. PennyMac Mortgage maintains Sharpe Ratio (i.e., Efficiency) of 0.0435, which implies the firm had a 0.0435% return per unit of risk over the last 3 months. We have found thirty technical indicators for PennyMac Mortgage, which you can use to evaluate the volatility of the company. Please check PennyMac Mortgage's Semi Deviation of 0.5263, risk adjusted performance of 0.0412, and Coefficient Of Variation of 1777.09 to confirm if the risk estimate we provide is consistent with the expected return of 0.0281%.
PennyMac Preferred Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
PennyMac |
Sharpe Ratio = 0.0435
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Estimated Market Risk
| 0.65 actual daily | 5 95% of assets are more volatile |
Expected Return
| 0.03 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.04 actual daily | 3 97% of assets perform better |
Based on monthly moving average PennyMac Mortgage is performing at about 3% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of PennyMac Mortgage by adding it to a well-diversified portfolio.
PennyMac Mortgage Valuation on February 27, 2024
It is possible to determine the worth of PennyMac Mortgage on a given historical date. On February 27, 2024 PennyMac was worth 22.28 at the beginning of the trading date compared to the closed value of 22.39. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of PennyMac Mortgage preferred stock. Still, in general, we apply an absolute valuation method to find PennyMac Mortgage's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of PennyMac Mortgage where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against PennyMac Mortgage's related companies.
| Open | High | Low | Close | Volume | |
| 22.25 | 22.41 | 22.23 | 22.32 | 6,434 | |
02/27/2024 | 22.28 | 22.43 | 22.28 | 22.39 | 4,053 |
| 22.31 | 22.45 | 22.31 | 22.33 | 8,279 |
| Backtest PennyMac Mortgage | | | PennyMac Mortgage History | | | PennyMac Mortgage Valuation | Previous | Next |
PennyMac Mortgage Trading Date Momentum on February 27, 2024
| On February 28 2024 PennyMac Mortgage Investment was traded for 22.33 at the closing time. The maximum traded price for the trading interval was 22.45 and the lowest daily price was 22.31 . The daily volume was recorded at 8.3 K. The volume of trading on 28th of February 2024 played a part in the next trading day price drop. The trading delta at closing time to the next closing price was 0.27% . The trading delta at closing time to the closing price today is 1.65% . |
PennyMac Mortgage Fundamentals Correlations and Trends
By evaluating PennyMac Mortgage's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among PennyMac Mortgage's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. PennyMac financial account trend analysis is a perfect complement when working with valuation or volatility modules.About PennyMac Mortgage Preferred Stock history
PennyMac Mortgage investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for PennyMac is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in PennyMac Mortgage will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing PennyMac Mortgage stock prices may prove useful in developing a viable investing in PennyMac Mortgage
PennyMac Mortgage Investment Trust, a specialty finance company, invests primarily in residential mortgage loans and mortgage-related assets in the United States. The company was founded in 2009 and is based in Westlake Village, California. PennyMac Mortgage operates under REIT - Diversified classification in USA and is traded on New York Stock Exchange. It employs 3 people.
PennyMac Mortgage Preferred Stock Technical Analysis
PennyMac Mortgage technical preferred 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, preferred stock market cycles, or different charting patterns.
Price Boundaries
PennyMac Mortgage Period Price Range
Low | November 25, 2024
| High |
0.00 | 0.00 |
PennyMac Mortgage Investment cannot be verified against its exchange. Please verify the symbol is currently traded on New York Stock Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
PennyMac Mortgage November 25, 2024 Market Strength
Market strength indicators help investors to evaluate how PennyMac Mortgage preferred stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading PennyMac Mortgage shares will generate the highest return on investment. By undertsting and applying PennyMac Mortgage preferred stock market strength indicators, traders can identify PennyMac Mortgage Investment entry and exit signals to maximize returns
PennyMac Mortgage Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for PennyMac Mortgage's price direction in advance. Along with the technical and fundamental analysis of PennyMac Preferred Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of PennyMac to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | 0.0412 | |||
| Jensen Alpha | 0.0224 | |||
| Total Risk Alpha | (0.07) | |||
| Sortino Ratio | (0.16) | |||
| Treynor Ratio | 0.869 |
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| Volume Indicators |
Complementary Tools for PennyMac Preferred Stock analysis
When running PennyMac Mortgage's price analysis, check to measure PennyMac Mortgage'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 PennyMac Mortgage is operating at the current time. Most of PennyMac Mortgage's value examination focuses on studying past and present price action to predict the probability of PennyMac Mortgage's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move PennyMac Mortgage's price. Additionally, you may evaluate how the addition of PennyMac Mortgage to your portfolios can decrease your overall portfolio volatility.
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