PulteGroup (Mexico) Market Value
| PHM Stock | MXN 2,541 169.00 6.24% |
| Symbol | PulteGroup |
PulteGroup '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 PulteGroup'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 PulteGroup.
| 06/01/2024 |
| 11/28/2024 |
If you would invest 0.00 in PulteGroup on June 1, 2024 and sell it all today you would earn a total of 0.00 from holding PulteGroup or generate 0.0% return on investment in PulteGroup over 180 days. PulteGroup is related to or competes with Lennar, KB Home, Servicios Corporativos, and Urbi Desarrollos. PulteGroup, Inc., through its subsidiaries, primarily engages in the homebuilding business in the United States More
PulteGroup 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 PulteGroup'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 PulteGroup upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 5.01 | |||
| Information Ratio | 0.0023 | |||
| Maximum Drawdown | 19.15 | |||
| Value At Risk | (1.13) | |||
| Potential Upside | 7.08 |
PulteGroup Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for PulteGroup's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as PulteGroup's standard deviation. In reality, there are many statistical measures that can use PulteGroup historical prices to predict the future PulteGroup's volatility.| Risk Adjusted Performance | 0.0477 | |||
| Jensen Alpha | 0.1959 | |||
| Total Risk Alpha | (0.25) | |||
| Sortino Ratio | 0.0011 | |||
| Treynor Ratio | (0.19) |
PulteGroup Backtested Returns
At this stage we consider PulteGroup Stock to be very steady. PulteGroup maintains Sharpe Ratio (i.e., Efficiency) of 0.002, which implies the firm had a 0.002% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for PulteGroup, which you can use to evaluate the volatility of the company. Please check PulteGroup's Coefficient Of Variation of 1876.95, risk adjusted performance of 0.0477, and Semi Deviation of 1.54 to confirm if the risk estimate we provide is consistent with the expected return of 0.0045%. The company holds a Beta of -0.65, which implies possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning PulteGroup are expected to decrease at a much lower rate. During the bear market, PulteGroup is likely to outperform the market. PulteGroup right now holds a risk of 2.24%. Please check PulteGroup semi variance, day median price, and the relationship between the value at risk and kurtosis , to decide if PulteGroup will be following its historical price patterns.
Auto-correlation | 0.03 |
Virtually no predictability
PulteGroup has virtually no predictability. Overlapping area represents the amount of predictability between PulteGroup time series from 1st of June 2024 to 30th of August 2024 and 30th of August 2024 to 28th 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 PulteGroup price movement. The serial correlation of 0.03 indicates that only 3.0% of current PulteGroup price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.03 | |
| Spearman Rank Test | 0.1 | |
| Residual Average | 0.0 | |
| Price Variance | 13.2 K |
PulteGroup lagged returns against current returns
Autocorrelation, which is PulteGroup 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 PulteGroup's stock expected returns. We can calculate the autocorrelation of PulteGroup returns to help us make a trade decision. For example, suppose you find that PulteGroup 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 |
PulteGroup 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 PulteGroup stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if PulteGroup stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in PulteGroup stock over time.
Current vs Lagged Prices |
| Timeline |
PulteGroup Lagged Returns
When evaluating PulteGroup's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of PulteGroup stock have on its future price. PulteGroup 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, PulteGroup autocorrelation shows the relationship between PulteGroup stock current value and its past values and can show if there is a momentum factor associated with investing in PulteGroup.
Regressed Prices |
| Timeline |
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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.Additional Tools for PulteGroup Stock Analysis
When running PulteGroup's price analysis, check to measure PulteGroup'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 PulteGroup is operating at the current time. Most of PulteGroup's value examination focuses on studying past and present price action to predict the probability of PulteGroup's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move PulteGroup's price. Additionally, you may evaluate how the addition of PulteGroup to your portfolios can decrease your overall portfolio volatility.