Pangaea Logistic Stock Market Value
| PANL Stock | USD 5.79 0.08 1.36% |
| Symbol | Pangaea |
Pangaea Logistic Price To Book Ratio
Is Marine Transportation space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Pangaea Logistic. If investors know Pangaea will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Pangaea Logistic listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.74) | Dividend Share 0.4 | Earnings Share 0.47 | Revenue Per Share 11.544 | Quarterly Revenue Growth 0.129 |
The market value of Pangaea Logistic is measured differently than its book value, which is the value of Pangaea that is recorded on the company's balance sheet. Investors also form their own opinion of Pangaea Logistic's value that differs from its market value or its book value, called intrinsic value, which is Pangaea Logistic's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Pangaea Logistic's market value can be influenced by many factors that don't directly affect Pangaea Logistic's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Pangaea Logistic's value and its price as these two are different measures arrived at by different means. Investors typically determine if Pangaea Logistic is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Pangaea Logistic's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
Pangaea Logistic '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 Pangaea Logistic'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 Pangaea Logistic.
| 10/26/2024 |
| 11/25/2024 |
If you would invest 0.00 in Pangaea Logistic on October 26, 2024 and sell it all today you would earn a total of 0.00 from holding Pangaea Logistic or generate 0.0% return on investment in Pangaea Logistic over 30 days. Pangaea Logistic is related to or competes with EuroDry, Costamare, Global Ship, Danaos, Euroseas, Himalaya Shipping, and Kirby. Pangaea Logistics Solutions, Ltd., together with its subsidiaries, provides seaborne dry bulk logistics and transportati... More
Pangaea Logistic 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 Pangaea Logistic'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 Pangaea Logistic upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.1) | |||
| Maximum Drawdown | 14.19 | |||
| Value At Risk | (3.85) | |||
| Potential Upside | 3.14 |
Pangaea Logistic Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Pangaea Logistic's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Pangaea Logistic's standard deviation. In reality, there are many statistical measures that can use Pangaea Logistic historical prices to predict the future Pangaea Logistic's volatility.| Risk Adjusted Performance | (0.03) | |||
| Jensen Alpha | (0.23) | |||
| Total Risk Alpha | (0.47) | |||
| Treynor Ratio | (0.10) |
Pangaea Logistic Backtested Returns
Pangaea Logistic maintains Sharpe Ratio (i.e., Efficiency) of -0.0769, which implies the firm had a -0.0769% return per unit of risk over the last 3 months. Pangaea Logistic exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Pangaea Logistic's Risk Adjusted Performance of (0.03), coefficient of variation of (2,385), and Variance of 5.38 to confirm the risk estimate we provide. The company holds a Beta of 1.03, which implies a somewhat significant risk relative to the market. Pangaea Logistic returns are very sensitive to returns on the market. As the market goes up or down, Pangaea Logistic is expected to follow. At this point, Pangaea Logistic has a negative expected return of -0.18%. Please make sure to check Pangaea Logistic's total risk alpha, skewness, as well as the relationship between the Skewness and day median price , to decide if Pangaea Logistic performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.67 |
Very good reverse predictability
Pangaea Logistic has very good reverse predictability. Overlapping area represents the amount of predictability between Pangaea Logistic time series from 26th of October 2024 to 10th of November 2024 and 10th of November 2024 to 25th 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 Pangaea Logistic price movement. The serial correlation of -0.67 indicates that around 67.0% of current Pangaea Logistic price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.67 | |
| Spearman Rank Test | -0.62 | |
| Residual Average | 0.0 | |
| Price Variance | 0.1 |
Pangaea Logistic lagged returns against current returns
Autocorrelation, which is Pangaea Logistic 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 Pangaea Logistic's stock expected returns. We can calculate the autocorrelation of Pangaea Logistic returns to help us make a trade decision. For example, suppose you find that Pangaea Logistic 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 |
| Timeline |
Pangaea Logistic 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 Pangaea Logistic stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Pangaea Logistic stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Pangaea Logistic stock over time.
Current vs Lagged Prices |
| Timeline |
Pangaea Logistic Lagged Returns
When evaluating Pangaea Logistic's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Pangaea Logistic stock have on its future price. Pangaea Logistic 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, Pangaea Logistic autocorrelation shows the relationship between Pangaea Logistic stock current value and its past values and can show if there is a momentum factor associated with investing in Pangaea Logistic.
Regressed Prices |
| Timeline |
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Try AI Portfolio ArchitectCheck out Pangaea Logistic Correlation, Pangaea Logistic Volatility and Pangaea Logistic Alpha and Beta module to complement your research on Pangaea Logistic. For more information on how to buy Pangaea Stock please use our How to buy in Pangaea Stock guide.You can also try the Fundamentals Comparison module to compare fundamentals across multiple equities to find investing opportunities.
Pangaea Logistic technical 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, stock market cycles, or different charting patterns.