Pactiv Evergreen Stock Market Value
| PTVE Stock | USD 13.58 0.38 2.88% |
| Symbol | Pactiv |
Pactiv Evergreen Price To Book Ratio
Is Paper & Plastic Packaging Products & Materials 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 Pactiv Evergreen. If investors know Pactiv 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 Pactiv Evergreen 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 (0.23) | Dividend Share 0.4 | Earnings Share (0.93) | Revenue Per Share 28.949 | Quarterly Revenue Growth (0.03) |
The market value of Pactiv Evergreen is measured differently than its book value, which is the value of Pactiv that is recorded on the company's balance sheet. Investors also form their own opinion of Pactiv Evergreen's value that differs from its market value or its book value, called intrinsic value, which is Pactiv Evergreen'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 Pactiv Evergreen's market value can be influenced by many factors that don't directly affect Pactiv Evergreen'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 Pactiv Evergreen's value and its price as these two are different measures arrived at by different means. Investors typically determine if Pactiv Evergreen is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Pactiv Evergreen'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.
Pactiv Evergreen '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 Pactiv Evergreen'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 Pactiv Evergreen.
| 10/26/2024 |
| 11/25/2024 |
If you would invest 0.00 in Pactiv Evergreen on October 26, 2024 and sell it all today you would earn a total of 0.00 from holding Pactiv Evergreen or generate 0.0% return on investment in Pactiv Evergreen over 30 days. Pactiv Evergreen is related to or competes with Stepstone, Reynolds Consumer, Broadstone Net, and Pmv Pharmaceuticals. Pactiv Evergreen Inc. manufactures and distributes fresh foodservice and food merchandising products, and fresh beverage... More
Pactiv Evergreen 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 Pactiv Evergreen'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 Pactiv Evergreen upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.87 | |||
| Information Ratio | 0.0461 | |||
| Maximum Drawdown | 11.76 | |||
| Value At Risk | (2.77) | |||
| Potential Upside | 4.01 |
Pactiv Evergreen Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Pactiv Evergreen's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Pactiv Evergreen's standard deviation. In reality, there are many statistical measures that can use Pactiv Evergreen historical prices to predict the future Pactiv Evergreen's volatility.| Risk Adjusted Performance | 0.0852 | |||
| Jensen Alpha | 0.0303 | |||
| Total Risk Alpha | (0.14) | |||
| Sortino Ratio | 0.0573 | |||
| Treynor Ratio | 0.1393 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Pactiv Evergreen'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.
Pactiv Evergreen Backtested Returns
Pactiv Evergreen appears to be not too volatile, given 3 months investment horizon. Pactiv Evergreen maintains Sharpe Ratio (i.e., Efficiency) of 0.13, which implies the firm had a 0.13% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Pactiv Evergreen, which you can use to evaluate the volatility of the company. Please evaluate Pactiv Evergreen's Coefficient Of Variation of 977.06, risk adjusted performance of 0.0852, and Semi Deviation of 1.69 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Pactiv Evergreen holds a performance score of 10. The company holds a Beta of 1.64, which implies a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Pactiv Evergreen will likely underperform. Please check Pactiv Evergreen's value at risk, and the relationship between the jensen alpha and skewness , to make a quick decision on whether Pactiv Evergreen's historical price patterns will revert.
Auto-correlation | 0.63 |
Good predictability
Pactiv Evergreen has good predictability. Overlapping area represents the amount of predictability between Pactiv Evergreen 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 Pactiv Evergreen price movement. The serial correlation of 0.63 indicates that roughly 63.0% of current Pactiv Evergreen price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.63 | |
| Spearman Rank Test | 0.49 | |
| Residual Average | 0.0 | |
| Price Variance | 0.32 |
Pactiv Evergreen lagged returns against current returns
Autocorrelation, which is Pactiv Evergreen 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 Pactiv Evergreen's stock expected returns. We can calculate the autocorrelation of Pactiv Evergreen returns to help us make a trade decision. For example, suppose you find that Pactiv Evergreen 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 |
Pactiv Evergreen 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 Pactiv Evergreen stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Pactiv Evergreen stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Pactiv Evergreen stock over time.
Current vs Lagged Prices |
| Timeline |
Pactiv Evergreen Lagged Returns
When evaluating Pactiv Evergreen's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Pactiv Evergreen stock have on its future price. Pactiv Evergreen 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, Pactiv Evergreen autocorrelation shows the relationship between Pactiv Evergreen stock current value and its past values and can show if there is a momentum factor associated with investing in Pactiv Evergreen.
Regressed Prices |
| Timeline |
Also Currently Popular
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.When determining whether Pactiv Evergreen is a strong investment it is important to analyze Pactiv Evergreen's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Pactiv Evergreen's future performance. For an informed investment choice regarding Pactiv Stock, refer to the following important reports:Check out Pactiv Evergreen Correlation, Pactiv Evergreen Volatility and Pactiv Evergreen Alpha and Beta module to complement your research on Pactiv Evergreen. For information on how to trade Pactiv Stock refer to our How to Trade Pactiv Stock guide.You can also try the Theme Ratings module to determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance.
Pactiv Evergreen 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.