PagerDuty (Germany) Market Value
| 2TY Stock | 19.85 0.05 0.25% |
| Symbol | PagerDuty |
PagerDuty '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 PagerDuty'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 PagerDuty.
| 10/27/2024 |
| 11/26/2024 |
If you would invest 0.00 in PagerDuty on October 27, 2024 and sell it all today you would earn a total of 0.00 from holding PagerDuty or generate 0.0% return on investment in PagerDuty over 30 days. PagerDuty is related to or competes with CANON MARKETING, M/I Homes, American Homes, SIDETRADE, HomeToGo, Globe Trade, and Autohome. More
PagerDuty 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 PagerDuty'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 PagerDuty upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 3.96 | |||
| Information Ratio | 0.0232 | |||
| Maximum Drawdown | 21.82 | |||
| Value At Risk | (2.97) | |||
| Potential Upside | 5.38 |
PagerDuty Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for PagerDuty's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as PagerDuty's standard deviation. In reality, there are many statistical measures that can use PagerDuty historical prices to predict the future PagerDuty's volatility.| Risk Adjusted Performance | 0.0514 | |||
| Jensen Alpha | 0.0681 | |||
| Total Risk Alpha | (0.39) | |||
| Sortino Ratio | 0.0224 | |||
| Treynor Ratio | 0.1767 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of PagerDuty's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
PagerDuty Backtested Returns
PagerDuty appears to be not too volatile, given 3 months investment horizon. PagerDuty maintains Sharpe Ratio (i.e., Efficiency) of 0.0714, which implies the firm had a 0.0714% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for PagerDuty, which you can use to evaluate the volatility of the company. Please evaluate PagerDuty's Coefficient Of Variation of 1760.77, semi deviation of 3.75, and Risk Adjusted Performance of 0.0514 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, PagerDuty holds a performance score of 5. The company holds a Beta of 1.17, which implies a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, PagerDuty will likely underperform. Please check PagerDuty's value at risk, daily balance of power, and the relationship between the total risk alpha and expected short fall , to make a quick decision on whether PagerDuty's historical price patterns will revert.
Auto-correlation | 0.18 |
Very weak predictability
PagerDuty has very weak predictability. Overlapping area represents the amount of predictability between PagerDuty time series from 27th of October 2024 to 11th of November 2024 and 11th of November 2024 to 26th of November 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of PagerDuty price movement. The serial correlation of 0.18 indicates that over 18.0% of current PagerDuty price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.18 | |
| Spearman Rank Test | 0.05 | |
| Residual Average | 0.0 | |
| Price Variance | 0.58 |
PagerDuty lagged returns against current returns
Autocorrelation, which is PagerDuty 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 PagerDuty's stock expected returns. We can calculate the autocorrelation of PagerDuty returns to help us make a trade decision. For example, suppose you find that PagerDuty 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 |
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PagerDuty 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 PagerDuty stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if PagerDuty stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in PagerDuty stock over time.
Current vs Lagged Prices |
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PagerDuty Lagged Returns
When evaluating PagerDuty's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of PagerDuty stock have on its future price. PagerDuty 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, PagerDuty autocorrelation shows the relationship between PagerDuty stock current value and its past values and can show if there is a momentum factor associated with investing in PagerDuty.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Additional Tools for PagerDuty Stock Analysis
When running PagerDuty's price analysis, check to measure PagerDuty'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 PagerDuty is operating at the current time. Most of PagerDuty's value examination focuses on studying past and present price action to predict the probability of PagerDuty's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move PagerDuty's price. Additionally, you may evaluate how the addition of PagerDuty to your portfolios can decrease your overall portfolio volatility.