Pennantpark Floating Rate Stock Price on May 17, 2024
| PFLT Stock | USD 11.39 0.02 0.18% |
Below is the normalized historical share price chart for PennantPark Floating Rate extending back to April 08, 2011. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of PennantPark Floating stands at 11.39, as last reported on the 8th of June, with the highest price reaching 11.42 and the lowest price hitting 11.36 during the day.
If you're considering investing in PennantPark Stock, it is important to understand the factors that can impact its price. We consider PennantPark Floating very steady. PennantPark Floating Rate maintains Sharpe Ratio (i.e., Efficiency) of 0.0783, which implies the firm had a 0.0783% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for PennantPark Floating Rate, which you can use to evaluate the volatility of the company. Please check PennantPark Floating's Coefficient Of Variation of 1640.23, risk adjusted performance of 0.0384, and Semi Deviation of 0.6261 to confirm if the risk estimate we provide is consistent with the expected return of 0.0517%.
At this time, PennantPark Floating's Common Stock is comparatively stable compared to the past year. Sale Purchase Of Stock is likely to gain to about 146.7 M in 2024, whereas Common Stock Shares Outstanding is likely to drop slightly above 30.3 M in 2024. . At this time, PennantPark Floating's Price Earnings Ratio is comparatively stable compared to the past year. Price Earnings To Growth Ratio is likely to gain to 0.02 in 2024, whereas Price To Book Ratio is likely to drop 0.66 in 2024. PennantPark Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 8th of April 2011 | 200 Day MA 11.1663 | 50 Day MA 11.3424 | Beta 1.635 |
PennantPark |
Sharpe Ratio = 0.0783
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| Cash | PFLT | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 0.66 actual daily | 5 95% of assets are more volatile |
Expected Return
| 0.05 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.08 actual daily | 6 94% of assets perform better |
Based on monthly moving average PennantPark Floating is performing at about 6% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of PennantPark Floating by adding it to a well-diversified portfolio.
Price Book 1.0452 | Enterprise Value Ebitda 26.0112 | Price Sales 4.7116 | Dividend Share 1.225 | Wall Street Target Price 11.6 |
PennantPark Floating Valuation on May 17, 2024
It is possible to determine the worth of PennantPark Floating on a given historical date. On May 17, 2024 PennantPark was worth 11.34 at the beginning of the trading date compared to the closed value of 11.28. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of PennantPark Floating stock. Still, in general, we apply an absolute valuation method to find PennantPark Floating's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of PennantPark Floating where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against PennantPark Floating's related companies.
| Open | High | Low | Close | Volume | |
| 11.36 | 11.45 | 11.15 | 11.26 | 4,966,056 | |
05/17/2024 | 11.34 | 11.37 | 11.28 | 11.28 | 1,642,221 |
| 11.30 | 11.39 | 11.26 | 11.27 | 1,006,502 |
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PennantPark Floating Trading Date Momentum on May 17, 2024
| On May 20 2024 PennantPark Floating Rate was traded for 11.27 at the closing time. The top price for the day was 11.39 and the lowest listed price was 11.26 . The trading volume for the day was 1 M. The trading history from May 20, 2024 was a factor to the next trading day price decrease. The trading delta at closing time against the next closing price was 0.09% . The trading delta at closing time against the current closing price is 0.18% . |
PennantPark Floating Rate Fundamentals Correlations and Trends
By evaluating PennantPark Floating's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among PennantPark Floating's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. PennantPark financial account trend analysis is a perfect complement when working with valuation or volatility modules.About PennantPark Floating Stock history
PennantPark Floating investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for PennantPark is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in PennantPark Floating Rate will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing PennantPark Floating stock prices may prove useful in developing a viable investing in PennantPark Floating
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 58.5 M | 30.3 M | |
| Net Income Applicable To Common Shares | 45.2 M | 26.5 M |
PennantPark Floating Stock Technical Analysis
PennantPark Floating 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.
Price Boundaries
PennantPark Floating Period Price Range
Low | May 17, 2024
| High |
11.34 | 11.28 |
PennantPark Floating June 8, 2024 Market Strength
Market strength indicators help investors to evaluate how PennantPark Floating stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading PennantPark Floating shares will generate the highest return on investment. By undertsting and applying PennantPark Floating stock market strength indicators, traders can identify PennantPark Floating Rate entry and exit signals to maximize returns
| Accumulation Distribution | 12999.11 | |||
| Daily Balance Of Power | (0.67) | |||
| Rate Of Daily Change | 0.99 | |||
| Day Median Price | 11.33 | |||
| Day Typical Price | 11.31 | |||
| Price Action Indicator | (0.07) | |||
| Period Momentum Indicator | 0.11 |
PennantPark Floating Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for PennantPark Floating's price direction in advance. Along with the technical and fundamental analysis of PennantPark Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of PennantPark to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | 0.0384 | |||
| Jensen Alpha | 0.0261 | |||
| Total Risk Alpha | 0.0219 | |||
| Sortino Ratio | 0.0327 | |||
| Treynor Ratio | 0.0602 |
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Additional Tools for PennantPark Stock Analysis
When running PennantPark Floating's price analysis, check to measure PennantPark Floating'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 PennantPark Floating is operating at the current time. Most of PennantPark Floating's value examination focuses on studying past and present price action to predict the probability of PennantPark Floating's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move PennantPark Floating's price. Additionally, you may evaluate how the addition of PennantPark Floating to your portfolios can decrease your overall portfolio volatility.