Pintec Technology Holdings Stock Market Value
| PT Stock | USD 1.00 0.04 4.17% |
| Symbol | Pintec |
Pintec Technology Price To Book Ratio
Is Consumer Finance 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 Pintec Technology. If investors know Pintec 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 Pintec Technology listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.39) | Revenue Per Share 2.052 | Quarterly Revenue Growth (0.57) | Return On Assets (0.11) | Return On Equity (1.70) |
The market value of Pintec Technology is measured differently than its book value, which is the value of Pintec that is recorded on the company's balance sheet. Investors also form their own opinion of Pintec Technology's value that differs from its market value or its book value, called intrinsic value, which is Pintec Technology'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 Pintec Technology's market value can be influenced by many factors that don't directly affect Pintec Technology'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 Pintec Technology's value and its price as these two are different measures arrived at by different means. Investors typically determine if Pintec Technology is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Pintec Technology'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.
Pintec Technology '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 Pintec Technology'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 Pintec Technology.
| 12/03/2022 |
| 11/22/2024 |
If you would invest 0.00 in Pintec Technology on December 3, 2022 and sell it all today you would earn a total of 0.00 from holding Pintec Technology Holdings or generate 0.0% return on investment in Pintec Technology over 720 days. Pintec Technology is related to or competes with Senmiao Technology, X Financial, Yirendai, Qudian, Sentage Holdings, LM Funding, and Nisun International. Pintec Technology Holdings Limited, together with its subsidiaries, operates an online technology platform that enables ... More
Pintec Technology 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 Pintec Technology'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 Pintec Technology Holdings upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.04) | |||
| Maximum Drawdown | 24.51 | |||
| Value At Risk | (5.26) | |||
| Potential Upside | 6.32 |
Pintec Technology Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Pintec Technology's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Pintec Technology's standard deviation. In reality, there are many statistical measures that can use Pintec Technology historical prices to predict the future Pintec Technology's volatility.| Risk Adjusted Performance | (0.0008) | |||
| Jensen Alpha | (0.05) | |||
| Total Risk Alpha | (0.57) | |||
| Treynor Ratio | 4.57 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Pintec Technology'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.
Pintec Technology Backtested Returns
Currently, Pintec Technology Holdings is extremely dangerous. Pintec Technology maintains Sharpe Ratio (i.e., Efficiency) of 0.0157, which implies the firm had a 0.0157% return per unit of risk over the last 3 months. We have found twenty-two technical indicators for Pintec Technology, which you can use to evaluate the volatility of the company. Please check Pintec Technology's Variance of 15.48, risk adjusted performance of (0.0008), and Coefficient Of Variation of (8,589) to confirm if the risk estimate we provide is consistent with the expected return of 0.0634%. Pintec Technology has a performance score of 1 on a scale of 0 to 100. The company holds a Beta of -0.0122, which implies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Pintec Technology are expected to decrease at a much lower rate. During the bear market, Pintec Technology is likely to outperform the market. Pintec Technology right now holds a risk of 4.02%. Please check Pintec Technology jensen alpha, kurtosis, as well as the relationship between the Kurtosis and price action indicator , to decide if Pintec Technology will be following its historical price patterns.
Auto-correlation | -0.66 |
Very good reverse predictability
Pintec Technology Holdings has very good reverse predictability. Overlapping area represents the amount of predictability between Pintec Technology time series from 3rd of December 2022 to 28th of November 2023 and 28th of November 2023 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 Pintec Technology price movement. The serial correlation of -0.66 indicates that around 66.0% of current Pintec Technology price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.66 | |
| Spearman Rank Test | -0.69 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Pintec Technology lagged returns against current returns
Autocorrelation, which is Pintec Technology 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 Pintec Technology's stock expected returns. We can calculate the autocorrelation of Pintec Technology returns to help us make a trade decision. For example, suppose you find that Pintec Technology 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 |
Pintec Technology 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 Pintec Technology stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Pintec Technology stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Pintec Technology stock over time.
Current vs Lagged Prices |
| Timeline |
Pintec Technology Lagged Returns
When evaluating Pintec Technology's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Pintec Technology stock have on its future price. Pintec Technology 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, Pintec Technology autocorrelation shows the relationship between Pintec Technology stock current value and its past values and can show if there is a momentum factor associated with investing in Pintec Technology Holdings.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Additional Tools for Pintec Stock Analysis
When running Pintec Technology's price analysis, check to measure Pintec Technology'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 Pintec Technology is operating at the current time. Most of Pintec Technology's value examination focuses on studying past and present price action to predict the probability of Pintec Technology's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Pintec Technology's price. Additionally, you may evaluate how the addition of Pintec Technology to your portfolios can decrease your overall portfolio volatility.