Peloton Interactive Stock Market Value
PTON Stock | USD 9.54 0.48 5.30% |
Symbol | Peloton |
Peloton Interactive Price To Book Ratio
Is Leisure Products 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 Peloton Interactive. If investors know Peloton 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 Peloton Interactive listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (1.07) | Revenue Per Share 7.26 | Quarterly Revenue Growth (0.02) | Return On Assets (0.07) | Return On Equity (8.47) |
The market value of Peloton Interactive is measured differently than its book value, which is the value of Peloton that is recorded on the company's balance sheet. Investors also form their own opinion of Peloton Interactive's value that differs from its market value or its book value, called intrinsic value, which is Peloton Interactive'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 Peloton Interactive's market value can be influenced by many factors that don't directly affect Peloton Interactive'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 Peloton Interactive's value and its price as these two are different measures arrived at by different means. Investors typically determine if Peloton Interactive is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Peloton Interactive'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.
Peloton Interactive '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 Peloton Interactive'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 Peloton Interactive.
12/03/2022 |
| 11/22/2024 |
If you would invest 0.00 in Peloton Interactive on December 3, 2022 and sell it all today you would earn a total of 0.00 from holding Peloton Interactive or generate 0.0% return on investment in Peloton Interactive over 720 days. Peloton Interactive is related to or competes with Zoom Video, DocuSign, Pinterest, Teladoc, and DraftKings. Peloton Interactive, Inc. operates interactive fitness platform in North America and internationally More
Peloton Interactive 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 Peloton Interactive'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 Peloton Interactive upside and downside potential and time the market with a certain degree of confidence.
Downside Deviation | 4.75 | |||
Information Ratio | 0.2253 | |||
Maximum Drawdown | 50.12 | |||
Value At Risk | (6.02) | |||
Potential Upside | 10.97 |
Peloton Interactive Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Peloton Interactive's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Peloton Interactive's standard deviation. In reality, there are many statistical measures that can use Peloton Interactive historical prices to predict the future Peloton Interactive's volatility.Risk Adjusted Performance | 0.1922 | |||
Jensen Alpha | 1.68 | |||
Total Risk Alpha | 0.7908 | |||
Sortino Ratio | 0.3457 | |||
Treynor Ratio | 2.95 |
Peloton Interactive Backtested Returns
Peloton Interactive is relatively risky given 3 months investment horizon. Peloton Interactive maintains Sharpe Ratio (i.e., Efficiency) of 0.2, which implies the firm had a 0.2% return per unit of risk over the last 3 months. We were able to break down and interpolate data for twenty-eight different technical indicators, which can help you to evaluate if expected returns of 1.22% are justified by taking the suggested risk. Use Peloton Interactive Coefficient Of Variation of 416.19, semi deviation of 3.69, and Risk Adjusted Performance of 0.1922 to evaluate company specific risk that cannot be diversified away. Peloton Interactive holds a performance score of 15 on a scale of zero to a hundred. The company holds a Beta of 0.59, which implies possible diversification benefits within a given portfolio. As returns on the market increase, Peloton Interactive's returns are expected to increase less than the market. However, during the bear market, the loss of holding Peloton Interactive is expected to be smaller as well. Use Peloton Interactive maximum drawdown, as well as the relationship between the expected short fall and rate of daily change , to analyze future returns on Peloton Interactive.
Auto-correlation | -0.06 |
Very weak reverse predictability
Peloton Interactive has very weak reverse predictability. Overlapping area represents the amount of predictability between Peloton Interactive 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 Peloton Interactive price movement. The serial correlation of -0.06 indicates that barely 6.0% of current Peloton Interactive price fluctuation can be explain by its past prices.
Correlation Coefficient | -0.06 | |
Spearman Rank Test | 0.17 | |
Residual Average | 0.0 | |
Price Variance | 1.67 |
Peloton Interactive lagged returns against current returns
Autocorrelation, which is Peloton Interactive 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 Peloton Interactive's stock expected returns. We can calculate the autocorrelation of Peloton Interactive returns to help us make a trade decision. For example, suppose you find that Peloton Interactive 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 |
Peloton Interactive 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 Peloton Interactive stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Peloton Interactive stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Peloton Interactive stock over time.
Current vs Lagged Prices |
Timeline |
Peloton Interactive Lagged Returns
When evaluating Peloton Interactive's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Peloton Interactive stock have on its future price. Peloton Interactive 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, Peloton Interactive autocorrelation shows the relationship between Peloton Interactive stock current value and its past values and can show if there is a momentum factor associated with investing in Peloton Interactive.
Regressed Prices |
Timeline |
Pair Trading with Peloton Interactive
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Peloton Interactive position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Peloton Interactive will appreciate offsetting losses from the drop in the long position's value.Moving together with Peloton Stock
0.77 | AS | Amer Sports, Upward Rally | PairCorr |
0.76 | RL | Ralph Lauren Corp | PairCorr |
0.74 | DOGZ | Dogness International | PairCorr |
Moving against Peloton Stock
0.9 | DHI | DR Horton | PairCorr |
0.89 | CRI | Carters | PairCorr |
0.86 | WLDS | Wearable Devices | PairCorr |
0.82 | DOOO | BRP Inc Earnings Call This Week | PairCorr |
0.82 | FEBO | Fenbo Holdings | PairCorr |
The ability to find closely correlated positions to Peloton Interactive could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Peloton Interactive when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Peloton Interactive - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Peloton Interactive to buy it.
The correlation of Peloton Interactive is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Peloton Interactive moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Peloton Interactive moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Peloton Interactive can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Peloton Interactive Correlation, Peloton Interactive Volatility and Peloton Interactive Alpha and Beta module to complement your research on Peloton Interactive. To learn how to invest in Peloton Stock, please use our How to Invest in Peloton Interactive guide.You can also try the Portfolio Diagnostics module to use generated alerts and portfolio events aggregator to diagnose current holdings.
Peloton Interactive 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.