Pultegroup Stock Market Value
| PHM Stock | USD 137.65 7.89 6.08% |
| Symbol | PulteGroup |
PulteGroup Price To Book Ratio
Is Household Durables 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 PulteGroup. If investors know PulteGroup 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 PulteGroup 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 0.156 | Dividend Share 0.8 | Earnings Share 13.55 | Revenue Per Share 82.23 | Quarterly Revenue Growth 0.118 |
The market value of PulteGroup is measured differently than its book value, which is the value of PulteGroup that is recorded on the company's balance sheet. Investors also form their own opinion of PulteGroup's value that differs from its market value or its book value, called intrinsic value, which is PulteGroup'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 PulteGroup's market value can be influenced by many factors that don't directly affect PulteGroup'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 PulteGroup's value and its price as these two are different measures arrived at by different means. Investors typically determine if PulteGroup is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, PulteGroup'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.
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.
| 10/26/2024 |
| 11/25/2024 |
If you would invest 0.00 in PulteGroup on October 26, 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 30 days. PulteGroup is related to or competes with Lennar, KB Home, NVR, Toll Brothers, DR Horton, Beazer Homes, and Hovnanian Enterprises. 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 | 2.01 | |||
| Information Ratio | (0.06) | |||
| Maximum Drawdown | 11.82 | |||
| Value At Risk | (3.21) | |||
| Potential Upside | 2.91 |
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 | 0.0165 | |||
| Jensen Alpha | (0.04) | |||
| Total Risk Alpha | (0.28) | |||
| Sortino Ratio | (0.05) | |||
| Treynor Ratio | 0.034 |
PulteGroup Backtested Returns
PulteGroup maintains Sharpe Ratio (i.e., Efficiency) of -0.0019, which implies the firm had a -0.0019% return per unit of risk over the last 3 months. PulteGroup exposes twenty-nine different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check PulteGroup's Risk Adjusted Performance of 0.0165, coefficient of variation of 7235.4, and Semi Deviation of 1.98 to confirm the risk estimate we provide. The company holds a Beta of 0.47, which implies possible diversification benefits within a given portfolio. As returns on the market increase, PulteGroup's returns are expected to increase less than the market. However, during the bear market, the loss of holding PulteGroup is expected to be smaller as well. At this point, PulteGroup has a negative expected return of -0.0034%. Please make sure to check PulteGroup's expected short fall, and the relationship between the maximum drawdown and rate of daily change , to decide if PulteGroup performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.63 |
Good predictability
PulteGroup has good predictability. Overlapping area represents the amount of predictability between PulteGroup 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 PulteGroup price movement. The serial correlation of 0.63 indicates that roughly 63.0% of current PulteGroup price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.63 | |
| Spearman Rank Test | -0.36 | |
| Residual Average | 0.0 | |
| Price Variance | 8.29 |
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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PulteGroup 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.