Pennymac Mortgage Investment Stock Alpha and Beta Analysis
| PMT Stock | USD 13.43 0.09 0.67% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as PennyMac Mortgage Investment. It also helps investors analyze the systematic and unsystematic risks associated with investing in PennyMac Mortgage over a specified time horizon. Remember, high PennyMac Mortgage's alpha is almost always a sign of good performance; however, a high beta will depend on investors' risk tolerance level and may signal increased volatility and potential future overvaluation. Key technical indicators related to PennyMac Mortgage's market risk premium analysis include:
Beta 0.63 | Alpha (0.07) | Risk 0.88 | Sharpe Ratio (0.02) | Expected Return (0.02) |
Alpha is a measure of relative performance on a risk-adjusted basis, while beta measures volatility against the benchmark. The goal is to know if an investor is being compensated for the volatility risk taken. The return on investment might be better than its reference but still not compensate for the assumption of the risk.
PennyMac |
PennyMac Mortgage Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. PennyMac Mortgage market risk premium is the additional return an investor will receive from holding PennyMac Mortgage long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in PennyMac Mortgage. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Alpha and beta are two of the key measurements used to evaluate PennyMac Mortgage's performance over market.| α | -0.07 | β | 0.63 |
PennyMac Mortgage expected buy-and-hold returns
Although buy-and-hold investment strategy may not appeal to all investors, it may be used as a good measure of PennyMac Mortgage's Buy-and-hold return. Our buy-and-hold chart shows how PennyMac Mortgage performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.PennyMac Mortgage Market Price Analysis
Market price analysis indicators help investors to evaluate how PennyMac Mortgage stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading PennyMac Mortgage shares will generate the highest return on investment. By understating and applying PennyMac Mortgage stock market price indicators, traders can identify PennyMac Mortgage position entry and exit signals to maximize returns.
PennyMac Mortgage Return and Market Media
The median price of PennyMac Mortgage for the period between Tue, Aug 27, 2024 and Mon, Nov 25, 2024 is 13.67 with a coefficient of variation of 1.98. The daily time series for the period is distributed with a sample standard deviation of 0.27, arithmetic mean of 13.63, and mean deviation of 0.23. The Stock received substential amount of media coverage during this period. Price Growth (%) |
| Timeline |
1 | Disposition of 1070 shares by James Follette of PennyMac Mortgage at 14.28 subject to Rule 16b-3 | 08/30/2024 |
2 | Acquisition by David Spector of 21950 shares of PennyMac Mortgage subject to Rule 16b-3 | 09/04/2024 |
3 | PennyMac Mortgage Investment Trust Announces Date for Release of Third Quarter 2024 Results | 10/15/2024 |
4 | PennyMac Mortgage Investment Trust GAAP EPS of 0.36 beats by 0.02 | 10/22/2024 |
5 | PennyMac Mortgage Investment Trust Q3 2024 Earnings Call Transcript | 10/23/2024 |
6 | Are Investors Undervaluing PennyMac Mortgage Investment Trust Right Now | 10/24/2024 |
| PennyMac Mortgage dividend paid on 25th of October 2024 | 10/25/2024 |
8 | Patriot Battery Metals awarded Entrepreneur of the Year by the Quebec Mineral Exploration Association | 11/01/2024 |
9 | PennyMac Mortgage Investment Trust Declares Fourth Quarter 2024 Dividends for Its Preferred Shares | 11/14/2024 |
10 | Monsters of Rock The big end of town is also feeling the pinch from critical minerals price flop | 11/15/2024 |
11 | Disposition of 5564 shares by David Spector of PennyMac Mortgage at 13.81 subject to Rule 16b-3 | 11/22/2024 |
About PennyMac Mortgage Beta and Alpha
For many years both, Alpha and Beta indicators are used by professional money managers as critical performance measurement tools across virtually all financial instruments including PennyMac or other stocks. Alpha measures the amount that position in PennyMac Mortgage has returned in comparison to a selected market index or another relevant benchmark. In other words, Alpha is the excess return on an investment relative to the performance of your selected benchmark. Beta, on the other hand, measures the relative risk of your investment.
| 2022 | 2023 | 2024 (projected) | Dividend Yield | 0.19 | 0.14 | 0.088 | Price To Sales Ratio | 10.99 | 74.73 | 78.46 |
PennyMac Mortgage Upcoming Company Events
As portrayed in its financial statements, the presentation of PennyMac Mortgage's financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, PennyMac Mortgage's leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of PennyMac Mortgage's public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of PennyMac Mortgage. Please utilize our Beneish M Score to check the likelihood of PennyMac Mortgage's management manipulating its earnings.
| 1st of February 2024 Upcoming Quarterly Report | View | |
| 25th of April 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 1st of February 2024 Next Fiscal Year End | View | |
| 30th of September 2023 Last Quarter Report | View | |
| 31st of December 2022 Last Financial Announcement | View |
Build Portfolio with PennyMac Mortgage
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Additional Tools for PennyMac Stock Analysis
When running PennyMac Mortgage's price analysis, check to measure PennyMac Mortgage'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 PennyMac Mortgage is operating at the current time. Most of PennyMac Mortgage's value examination focuses on studying past and present price action to predict the probability of PennyMac Mortgage's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move PennyMac Mortgage's price. Additionally, you may evaluate how the addition of PennyMac Mortgage to your portfolios can decrease your overall portfolio volatility.