Palo Alto Networks Stock Market Value
| PANW Stock | USD 281.14 3.81 1.37% |
| Symbol | Palo |
Palo Alto Networks Price To Book Ratio
Is Palo Alto'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 Palo Alto. If investors know Palo 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 Palo Alto 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 18.56 | Earnings Share 6.46 | Revenue Per Share 24.27 | Quarterly Revenue Growth 0.193 | Return On Assets 0.0309 |
The market value of Palo Alto Networks is measured differently than its book value, which is the value of Palo that is recorded on the company's balance sheet. Investors also form their own opinion of Palo Alto's value that differs from its market value or its book value, called intrinsic value, which is Palo Alto'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 Palo Alto's market value can be influenced by many factors that don't directly affect Palo Alto'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 Palo Alto's value and its price as these two are different measures arrived at by different means. Investors typically determine if Palo Alto is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Palo Alto'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.
Palo Alto '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 Palo Alto'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 Palo Alto.
| 03/20/2024 |
| 04/19/2024 |
If you would invest 0.00 in Palo Alto on March 20, 2024 and sell it all today you would earn a total of 0.00 from holding Palo Alto Networks or generate 0.0% return on investment in Palo Alto over 30 days. Palo Alto is related to or competes with Block, Adobe Systems, Crowdstrike Holdings, Cloudflare, and Okta. Palo Alto Networks, Inc. provides cybersecurity solutions worldwide More
Palo Alto 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 Palo Alto'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 Palo Alto Networks upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.05) | |||
| Maximum Drawdown | 35.18 | |||
| Value At Risk | (2.62) | |||
| Potential Upside | 3.95 |
Palo Alto Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Palo Alto's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Palo Alto's standard deviation. In reality, there are many statistical measures that can use Palo Alto historical prices to predict the future Palo Alto's volatility.| Risk Adjusted Performance | (0.01) | |||
| Jensen Alpha | (0.19) | |||
| Total Risk Alpha | (0.55) | |||
| Treynor Ratio | (0.32) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Palo Alto'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.
Palo Alto Networks Backtested Returns
Palo Alto Networks maintains Sharpe Ratio (i.e., Efficiency) of -0.0544, which implies the firm had a -0.0544% return per unit of risk over the last 3 months. Palo Alto Networks exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Palo Alto's Variance of 16.91, risk adjusted performance of (0.01), and Coefficient Of Variation of (2,665) to confirm the risk estimate we provide. The company holds a Beta of 0.52, which implies possible diversification benefits within a given portfolio. As returns on the market increase, Palo Alto's returns are expected to increase less than the market. However, during the bear market, the loss of holding Palo Alto is expected to be smaller as well. Palo Alto Networks has an expected return of -0.23%. Please make sure to check Palo Alto Networks jensen alpha, kurtosis, as well as the relationship between the Kurtosis and price action indicator , to decide if Palo Alto Networks performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.28 |
Weak reverse predictability
Palo Alto Networks has weak reverse predictability. Overlapping area represents the amount of predictability between Palo Alto time series from 20th of March 2024 to 4th of April 2024 and 4th of April 2024 to 19th of April 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 Palo Alto Networks price movement. The serial correlation of -0.28 indicates that nearly 28.0% of current Palo Alto price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.28 | |
| Spearman Rank Test | -0.63 | |
| Residual Average | 0.0 | |
| Price Variance | 33.52 |
Palo Alto Networks lagged returns against current returns
Autocorrelation, which is Palo Alto 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 Palo Alto's stock expected returns. We can calculate the autocorrelation of Palo Alto returns to help us make a trade decision. For example, suppose you find that Palo Alto 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 |
Palo Alto 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 Palo Alto stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Palo Alto stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Palo Alto stock over time.
Current vs Lagged Prices |
| Timeline |
Palo Alto Lagged Returns
When evaluating Palo Alto's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Palo Alto stock have on its future price. Palo Alto 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, Palo Alto autocorrelation shows the relationship between Palo Alto stock current value and its past values and can show if there is a momentum factor associated with investing in Palo Alto Networks.
Regressed Prices |
| Timeline |
Palo Alto Investors Sentiment
The influence of Palo Alto's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Palo. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to Palo Alto's public news can be used to forecast risks associated with an investment in Palo. The trend in average sentiment can be used to explain how an investor holding Palo can time the market purely based on public headlines and social activities around Palo Alto Networks. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Palo Alto's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Palo Alto's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Palo Alto's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Palo Alto.
Palo Alto Implied Volatility | 43.24 |
Palo Alto's implied volatility exposes the market's sentiment of Palo Alto Networks stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Palo Alto's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that Palo Alto stock will not fluctuate a lot when Palo Alto's options are near their expiration.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Palo Alto in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Palo Alto's short interest history, or implied volatility extrapolated from Palo Alto options trading.
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Check out Palo Alto Correlation, Palo Alto Volatility and Palo Alto Alpha and Beta module to complement your research on Palo Alto. You can also try the Bonds Directory module to find actively traded corporate debentures issued by US companies.
Complementary Tools for Palo Stock analysis
When running Palo Alto's price analysis, check to measure Palo Alto'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 Palo Alto is operating at the current time. Most of Palo Alto's value examination focuses on studying past and present price action to predict the probability of Palo Alto's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Palo Alto's price. Additionally, you may evaluate how the addition of Palo Alto to your portfolios can decrease your overall portfolio volatility.
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Palo Alto 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.