Pagerduty Stock Market Value
| PD Stock | USD 19.84 1.00 5.31% |
| Symbol | Pagerduty |
Pagerduty Price To Book Ratio
Is Application Software 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 Pagerduty. If investors know Pagerduty 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 Pagerduty listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.90) | Revenue Per Share 4.813 | Quarterly Revenue Growth 0.077 | Return On Assets (0.06) | Return On Equity (0.31) |
The market value of Pagerduty is measured differently than its book value, which is the value of Pagerduty that is recorded on the company's balance sheet. Investors also form their own opinion of Pagerduty's value that differs from its market value or its book value, called intrinsic value, which is Pagerduty'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 Pagerduty's market value can be influenced by many factors that don't directly affect Pagerduty'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 Pagerduty's value and its price as these two are different measures arrived at by different means. Investors typically determine if Pagerduty is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Pagerduty'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.
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.
| 10/23/2024 |
| 11/22/2024 |
If you would invest 0.00 in Pagerduty on October 23, 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 Smartsheet, Gitlab, Dynatrace Holdings, Elastic NV, MondayCom, Domo, and Datadog. PagerDuty, Inc. operates a digital operations management platform in the United States, Japan, and internationally 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.
| Information Ratio | (0.05) | |||
| Maximum Drawdown | 13.91 | |||
| Value At Risk | (4.46) | |||
| Potential Upside | 2.99 |
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 | 0.0032 | |||
| Jensen Alpha | (0.20) | |||
| Total Risk Alpha | (0.29) | |||
| Treynor Ratio | (0.01) |
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
At this point, Pagerduty is very steady. Pagerduty maintains Sharpe Ratio (i.e., Efficiency) of 0.0012, which implies the firm had a 0.0012% return per unit of risk over the last 3 months. We have found twenty-three technical indicators for Pagerduty, which you can use to evaluate the volatility of the company. Please check Pagerduty's Coefficient Of Variation of (20,707), variance of 5.55, and Risk Adjusted Performance of 0.0032 to confirm if the risk estimate we provide is consistent with the expected return of 0.0027%. The company holds a Beta of 2.07, 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. Pagerduty right now holds a risk of 2.31%. Please check Pagerduty kurtosis, and the relationship between the maximum drawdown and day median price , to decide if Pagerduty will be following its historical price patterns.
Auto-correlation | -0.21 |
Weak reverse predictability
Pagerduty has weak reverse predictability. Overlapping area represents the amount of predictability between Pagerduty time series from 23rd of October 2024 to 7th of November 2024 and 7th of November 2024 to 22nd 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 -0.21 indicates that over 21.0% of current Pagerduty price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.21 | |
| Spearman Rank Test | -0.35 | |
| Residual Average | 0.0 | |
| Price Variance | 0.44 |
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 |
| Timeline |
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 |
| Timeline |
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 |
Also Currently Popular
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.Check out Pagerduty Correlation, Pagerduty Volatility and Pagerduty Alpha and Beta module to complement your research on Pagerduty. For information on how to trade Pagerduty Stock refer to our How to Trade Pagerduty Stock guide.You can also try the Portfolio Rebalancing module to analyze risk-adjusted returns against different time horizons to find asset-allocation targets.
Pagerduty 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.