Pinterest Stock Market Value
| PINS Stock | USD 30.51 0.49 1.63% |
| Symbol | Pinterest |
Pinterest Price To Book Ratio
Is Interactive Media & Services 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 Pinterest. If investors know Pinterest 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 Pinterest 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 3 | Earnings Share 0.32 | Revenue Per Share 5.118 | Quarterly Revenue Growth 0.177 | Return On Assets 0.0288 |
The market value of Pinterest is measured differently than its book value, which is the value of Pinterest that is recorded on the company's balance sheet. Investors also form their own opinion of Pinterest's value that differs from its market value or its book value, called intrinsic value, which is Pinterest'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 Pinterest's market value can be influenced by many factors that don't directly affect Pinterest'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 Pinterest's value and its price as these two are different measures arrived at by different means. Investors typically determine if Pinterest is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Pinterest'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.
Pinterest '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 Pinterest'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 Pinterest.
| 08/28/2024 |
| 11/26/2024 |
If you would invest 0.00 in Pinterest on August 28, 2024 and sell it all today you would earn a total of 0.00 from holding Pinterest or generate 0.0% return on investment in Pinterest over 90 days. Pinterest is related to or competes with Alphabet, Twilio, Snap, Baidu, Meta Platforms, and Tencent Holdings. Pinterest, Inc. operates as a visual discovery engine in the United States and internationally More
Pinterest 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 Pinterest'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 Pinterest upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.08) | |||
| Maximum Drawdown | 17.91 | |||
| Value At Risk | (3.30) | |||
| Potential Upside | 2.79 |
Pinterest Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Pinterest's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Pinterest's standard deviation. In reality, there are many statistical measures that can use Pinterest historical prices to predict the future Pinterest's volatility.| Risk Adjusted Performance | (0.01) | |||
| Jensen Alpha | (0.18) | |||
| Total Risk Alpha | (0.47) | |||
| Treynor Ratio | (0.08) |
Pinterest Backtested Returns
Pinterest maintains Sharpe Ratio (i.e., Efficiency) of -0.0022, which implies the firm had a -0.0022% return per unit of risk over the last 3 months. Pinterest exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Pinterest's Variance of 6.21, coefficient of variation of (3,799), and Risk Adjusted Performance of (0.01) to confirm the risk estimate we provide. The company holds a Beta of 0.9, which implies possible diversification benefits within a given portfolio. Pinterest returns are very sensitive to returns on the market. As the market goes up or down, Pinterest is expected to follow. At this point, Pinterest has a negative expected return of -0.0056%. Please make sure to check Pinterest's jensen alpha, kurtosis, as well as the relationship between the Kurtosis and price action indicator , to decide if Pinterest performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.62 |
Very good reverse predictability
Pinterest has very good reverse predictability. Overlapping area represents the amount of predictability between Pinterest time series from 28th of August 2024 to 12th of October 2024 and 12th of October 2024 to 26th 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 Pinterest price movement. The serial correlation of -0.62 indicates that roughly 62.0% of current Pinterest price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.62 | |
| Spearman Rank Test | -0.32 | |
| Residual Average | 0.0 | |
| Price Variance | 2.78 |
Pinterest lagged returns against current returns
Autocorrelation, which is Pinterest 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 Pinterest's stock expected returns. We can calculate the autocorrelation of Pinterest returns to help us make a trade decision. For example, suppose you find that Pinterest 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 |
Pinterest 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 Pinterest stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Pinterest stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Pinterest stock over time.
Current vs Lagged Prices |
| Timeline |
Pinterest Lagged Returns
When evaluating Pinterest's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Pinterest stock have on its future price. Pinterest 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, Pinterest autocorrelation shows the relationship between Pinterest stock current value and its past values and can show if there is a momentum factor associated with investing in Pinterest.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Additional Tools for Pinterest Stock Analysis
When running Pinterest's price analysis, check to measure Pinterest'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 Pinterest is operating at the current time. Most of Pinterest's value examination focuses on studying past and present price action to predict the probability of Pinterest's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Pinterest's price. Additionally, you may evaluate how the addition of Pinterest to your portfolios can decrease your overall portfolio volatility.