PennyMac Mortgage Stock Forecast - Accumulation Distribution
| 8PM Stock | EUR 13.50 0.10 0.74% |
PennyMac Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast PennyMac Mortgage stock prices and determine the direction of PennyMac Mortgage Investment's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of PennyMac Mortgage's historical fundamentals, such as revenue growth or operating cash flow patterns.
Check out Historical Fundamental Analysis of PennyMac Mortgage to cross-verify your projections. PennyMac |
Most investors in PennyMac Mortgage 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 Mortgage's time series price data and predict how it will affect future prices. One of these methodologies is forecasting, which interprets PennyMac Mortgage'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 Mortgage is accumulated by the market over a given period. It uses the quote sensitivity to the highest or lowest daily price of PennyMac Mortgage Investment to determine if accumulation or reduction is taking place in the market. This value is adjusted by PennyMac Mortgage trading volume to give more weight to distributions with higher volume over lower volume.| Check PennyMac Mortgage Volatility | Backtest PennyMac Mortgage | Information Ratio |
PennyMac Mortgage Trading Date Momentum
| On May 15 2024 PennyMac Mortgage Investment was traded for 13.50 at the closing time. The highest daily price throughout the period was 13.50 and the lowest price was 13.50 . The daily volume was 5.0. The net trading volume on 05/15/2024 did not cause price change. The trading delta at closing time to current closing price is 0.00% . |
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
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Other Forecasting Options for PennyMac Mortgage
For every potential investor in PennyMac, whether a beginner or expert, PennyMac Mortgage'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 Mortgage's price trends.PennyMac Mortgage 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 Mortgage stock to make a market-neutral strategy. Peer analysis of PennyMac Mortgage could also be used in its relative valuation, which is a method of valuing PennyMac Mortgage by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
PennyMac Mortgage 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 Mortgage'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 Mortgage's current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
PennyMac Mortgage Market Strength Events
Market strength 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 undertsting and applying PennyMac Mortgage stock market strength indicators, traders can identify PennyMac Mortgage Investment entry and exit signals to maximize returns.
| Daily Balance Of Power | (9,223,372,036,855) | |||
| Rate Of Daily Change | 0.99 | |||
| Day Median Price | 13.5 | |||
| Day Typical Price | 13.5 | |||
| Price Action Indicator | (0.05) | |||
| Period Momentum Indicator | (0.10) |
PennyMac Mortgage Risk Indicators
The analysis of PennyMac Mortgage'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 Mortgage'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 | 1.01 | |||
| Semi Deviation | 1.34 | |||
| Standard Deviation | 1.42 | |||
| Variance | 2.03 | |||
| Downside Variance | 3.18 | |||
| Semi Variance | 1.8 | |||
| Expected Short fall | (1.16) |
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.
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Check out Historical Fundamental Analysis of PennyMac Mortgage to cross-verify your projections. You can also try the Portfolio Volatility module to check portfolio volatility and analyze historical return density to properly model market risk.
Complementary 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.
| Analyst Advice Analyst recommendations and target price estimates broken down by several categories | |
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| Volatility Analysis Get historical volatility and risk analysis based on latest market data | |
| Pair Correlation Compare performance and examine fundamental relationship between any two equity instruments | |
| Portfolio Suggestion Get suggestions outside of your existing asset allocation including your own model portfolios |