PennyMac Finl Stock Forecast - Accumulation Distribution
| PFSI Stock | USD 93.37 0.09 0.1% |
PennyMac Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast PennyMac Finl stock prices and determine the direction of PennyMac Finl Svcs's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of PennyMac Finl's historical fundamentals, such as revenue growth or operating cash flow patterns. Although PennyMac Finl's naive historical forecasting may sometimes provide an important future outlook for the firm, we recommend always cross-verifying it against solid analysis of PennyMac Finl's systematic risk associated with finding meaningful patterns of PennyMac Finl fundamentals over time.
Check out Historical Fundamental Analysis of PennyMac Finl to cross-verify your projections. PennyMac |
Open Interest Against 2024-06-21 PennyMac Option Contracts
Although open interest is a measure utilized in the options markets, it could be used to forecast PennyMac Finl's spot prices because the number of available contracts in the market changes daily, and new contracts can be created or liquidated at will. Since open interest in PennyMac Finl's options reflects these daily shifts, investors could use the patterns of these changes to develop long and short-term trading strategies for PennyMac Finl stock based on available contracts left at the end of a trading day.
Please note that to derive more accurate forecasting about market movement from the current PennyMac Finl's open interest, investors have to compare it to PennyMac Finl's spot prices. As Ford's stock price increases, high open interest indicates that money is entering the market, and the market is strongly bullish. Conversely, if the price of PennyMac Finl is decreasing and there is high open interest, that is a sign that the bearish trend will continue, and investors may react by taking short positions in PennyMac. So, decreasing or low open interest during a bull market indicates that investors are becoming uncertain of the depth of the bullish trend, and a reversal in sentiment will likely follow.
Most investors in PennyMac Finl cannot accurately predict what will happen the next trading day because, historically, stock markets tend to be unpredictable and even illogical. Modeling turbulent structures requires applying different statistical methods, techniques, and algorithms to find hidden data structures or patterns within the PennyMac Finl's time series price data and predict how it will affect future prices. One of these methodologies is forecasting, which interprets PennyMac Finl's price structures and extracts relationships that further increase the generated results' accuracy.
The accumulation distribution (A/D) indicator shows the degree to which PennyMac Finl is accumulated by the market over a given period. It uses the quote sensitivity to the highest or lowest daily price of PennyMac Finl Svcs to determine if accumulation or reduction is taking place in the market. This value is adjusted by PennyMac Finl trading volume to give more weight to distributions with higher volume over lower volume.| Previous Accumulation Distribution | Accumulation Distribution | Trend |
| 2571.04 | 4059.52 |
| Check PennyMac Finl Volatility | Backtest PennyMac Finl | Trend Details |
PennyMac Finl Trading Date Momentum
| On February 23 2024 PennyMac Finl Svcs was traded for 86.87 at the closing time. The top price for the day was 88.16 and the lowest listed price was 86.38 . The trading volume for the day was 226.8 K. The trading history from February 23, 2024 was a factor to the next trading day price growth. The trading delta at closing time against the next closing price was 0.33% . The trading delta at closing time against the current closing price is 0.39% . |
Accumulation distribution indicator can signal that a trend is either nearing completion, at a continuation, or is about to break-outs. The actual value of this indicator is of no significance. What is significant is the change in value of over time. The formula for A/D of a given trading day can be expressed as follow: ((Close - Low) - (High - Close)) / (High - Low) X Volume
| Compare PennyMac Finl to competition |
Other Forecasting Options for PennyMac Finl
For every potential investor in PennyMac, whether a beginner or expert, PennyMac Finl's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. PennyMac Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in PennyMac. Basic forecasting techniques help filter out the noise by identifying PennyMac Finl's price trends.PennyMac Finl Related Equities
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with PennyMac Finl stock to make a market-neutral strategy. Peer analysis of PennyMac Finl could also be used in its relative valuation, which is a method of valuing PennyMac Finl by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
PennyMac Finl Svcs Technical and Predictive Analytics
The stock market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of PennyMac Finl's price movements, a comprehensive understanding of forecasting methods that an investor can rely on to make the right move is invaluable. These methods predict trends that assist an investor in predicting the movement of PennyMac Finl's current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
PennyMac Finl Market Strength Events
Market strength indicators help investors to evaluate how PennyMac Finl 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 Finl shares will generate the highest return on investment. By undertsting and applying PennyMac Finl stock market strength indicators, traders can identify PennyMac Finl Svcs entry and exit signals to maximize returns.
PennyMac Finl Risk Indicators
The analysis of PennyMac Finl's basic risk indicators is one of the essential steps in accurately forecasting its future price. The process involves identifying the amount of risk involved in PennyMac Finl's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting pennymac stock prices, we also provide a set of basic risk indicators that can assist in the individual investment decision or help in hedging the risk of your existing portfolios.
| Mean Deviation | 1.43 | |||
| Semi Deviation | 1.79 | |||
| Standard Deviation | 1.84 | |||
| Variance | 3.37 | |||
| Downside Variance | 3.53 | |||
| Semi Variance | 3.21 | |||
| Expected Short fall | (1.53) |
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential investments, we recommend comparing similar equities with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.
Currently Active Assets on Macroaxis
When determining whether PennyMac Finl Svcs offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of PennyMac Finl's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Pennymac Finl Svcs Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Pennymac Finl Svcs Stock:Check out Historical Fundamental Analysis of PennyMac Finl to cross-verify your projections. You can also try the Alpha Finder module to use alpha and beta coefficients to find investment opportunities after accounting for the risk.
Complementary Tools for PennyMac Stock analysis
When running PennyMac Finl's price analysis, check to measure PennyMac Finl'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 Finl is operating at the current time. Most of PennyMac Finl's value examination focuses on studying past and present price action to predict the probability of PennyMac Finl'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 Finl's price. Additionally, you may evaluate how the addition of PennyMac Finl to your portfolios can decrease your overall portfolio volatility.
| FinTech Suite Use AI to screen and filter profitable investment opportunities | |
| Competition Analyzer Analyze and compare many basic indicators for a group of related or unrelated entities | |
| Financial Widgets Easily integrated Macroaxis content with over 30 different plug-and-play financial widgets | |
| Headlines Timeline Stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity | |
| Fundamentals Comparison Compare fundamentals across multiple equities to find investing opportunities |
Is PennyMac Finl's industry 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 PennyMac Finl. If investors know PennyMac 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 PennyMac Finl 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 0.298 | Dividend Share 0.8 | Earnings Share 2.91 | Revenue Per Share 35.952 | Quarterly Revenue Growth (0.38) |
The market value of PennyMac Finl Svcs is measured differently than its book value, which is the value of PennyMac that is recorded on the company's balance sheet. Investors also form their own opinion of PennyMac Finl's value that differs from its market value or its book value, called intrinsic value, which is PennyMac Finl'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 PennyMac Finl's market value can be influenced by many factors that don't directly affect PennyMac Finl'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 PennyMac Finl's value and its price as these two are different measures arrived at by different means. Investors typically determine if PennyMac Finl is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, PennyMac Finl'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.