Pegasystems Stock Market Value
| PEGA Stock | USD 91.52 2.02 2.26% |
| Symbol | Pegasystems |
Pegasystems 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 Pegasystems. If investors know Pegasystems 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 Pegasystems 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 2.849 | Dividend Share 0.12 | Earnings Share 1.4 | Revenue Per Share 17.485 | Quarterly Revenue Growth (0.03) |
The market value of Pegasystems is measured differently than its book value, which is the value of Pegasystems that is recorded on the company's balance sheet. Investors also form their own opinion of Pegasystems' value that differs from its market value or its book value, called intrinsic value, which is Pegasystems' 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 Pegasystems' market value can be influenced by many factors that don't directly affect Pegasystems' 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 Pegasystems' value and its price as these two are different measures arrived at by different means. Investors typically determine if Pegasystems is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Pegasystems' 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.
Pegasystems '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 Pegasystems' 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 Pegasystems.
| 12/04/2022 |
| 11/23/2024 |
If you would invest 0.00 in Pegasystems on December 4, 2022 and sell it all today you would earn a total of 0.00 from holding Pegasystems or generate 0.0% return on investment in Pegasystems over 720 days. Pegasystems is related to or competes with Wex, Cognex, Progress Software, and Fair Isaac. Pegasystems Inc. develops, markets, licenses, hosts, and supports enterprise software applications in the United States,... More
Pegasystems 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 Pegasystems' 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 Pegasystems upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.99 | |||
| Information Ratio | 0.1462 | |||
| Maximum Drawdown | 17.5 | |||
| Value At Risk | (2.87) | |||
| Potential Upside | 3.07 |
Pegasystems Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Pegasystems' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Pegasystems' standard deviation. In reality, there are many statistical measures that can use Pegasystems historical prices to predict the future Pegasystems' volatility.| Risk Adjusted Performance | 0.1589 | |||
| Jensen Alpha | 0.3751 | |||
| Total Risk Alpha | 0.0924 | |||
| Sortino Ratio | 0.1848 | |||
| Treynor Ratio | 0.5177 |
Pegasystems Backtested Returns
Pegasystems appears to be very steady, given 3 months investment horizon. Pegasystems maintains Sharpe Ratio (i.e., Efficiency) of 0.19, which implies the firm had a 0.19% return per unit of risk over the last 3 months. We have found thirty technical indicators for Pegasystems, which you can use to evaluate the volatility of the company. Please evaluate Pegasystems' Risk Adjusted Performance of 0.1589, coefficient of variation of 504.7, and Semi Deviation of 1.54 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Pegasystems holds a performance score of 15. The company holds a Beta of 0.95, which implies possible diversification benefits within a given portfolio. Pegasystems returns are very sensitive to returns on the market. As the market goes up or down, Pegasystems is expected to follow. Please check Pegasystems' standard deviation, treynor ratio, downside variance, as well as the relationship between the total risk alpha and value at risk , to make a quick decision on whether Pegasystems' historical price patterns will revert.
Auto-correlation | 0.45 |
Average predictability
Pegasystems has average predictability. Overlapping area represents the amount of predictability between Pegasystems time series from 4th of December 2022 to 29th of November 2023 and 29th of November 2023 to 23rd 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 Pegasystems price movement. The serial correlation of 0.45 indicates that just about 45.0% of current Pegasystems price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.45 | |
| Spearman Rank Test | 0.52 | |
| Residual Average | 0.0 | |
| Price Variance | 99.54 |
Pegasystems lagged returns against current returns
Autocorrelation, which is Pegasystems 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 Pegasystems' stock expected returns. We can calculate the autocorrelation of Pegasystems returns to help us make a trade decision. For example, suppose you find that Pegasystems 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 |
Pegasystems 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 Pegasystems stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Pegasystems stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Pegasystems stock over time.
Current vs Lagged Prices |
| Timeline |
Pegasystems Lagged Returns
When evaluating Pegasystems' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Pegasystems stock have on its future price. Pegasystems 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, Pegasystems autocorrelation shows the relationship between Pegasystems stock current value and its past values and can show if there is a momentum factor associated with investing in Pegasystems.
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.When determining whether Pegasystems offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Pegasystems' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Pegasystems Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Pegasystems Stock:Check out Pegasystems Correlation, Pegasystems Volatility and Pegasystems Alpha and Beta module to complement your research on Pegasystems. For information on how to trade Pegasystems Stock refer to our How to Trade Pegasystems Stock guide.You can also try the Portfolio Diagnostics module to use generated alerts and portfolio events aggregator to diagnose current holdings.
Pegasystems 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.