Pilgrims Pride Corp Stock Price on March 21, 2024
| PPC Stock | USD 37.36 0.34 0.90% |
If you're considering investing in Pilgrims Stock, it is important to understand the factors that can impact its price. As of today, the current price of Pilgrims Pride stands at 37.36, as last reported on the 19th of May, with the highest price reaching 37.90 and the lowest price hitting 36.96 during the day. Pilgrims Pride appears to be very steady, given 3 months investment horizon. Pilgrims Pride Corp maintains Sharpe Ratio (i.e., Efficiency) of 0.27, which implies the firm had a 0.27% return per unit of risk over the last 3 months. We have found thirty technical indicators for Pilgrims Pride Corp, which you can use to evaluate the volatility of the company. Please evaluate Pilgrims Pride's Risk Adjusted Performance of 0.1667, semi deviation of 0.6067, and Coefficient Of Variation of 364.42 to confirm if our risk estimates are consistent with your expectations.
Pilgrims Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Pilgrims |
Sharpe Ratio = 0.2744
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Estimated Market Risk
| 1.46 actual daily | 12 88% of assets are more volatile |
Expected Return
| 0.4 actual daily | 7 93% of assets have higher returns |
Risk-Adjusted Return
| 0.27 actual daily | 21 79% of assets perform better |
Based on monthly moving average Pilgrims Pride is performing at about 21% 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 Pilgrims Pride by adding it to a well-diversified portfolio.
Pilgrims Pride Valuation on March 21, 2024
It is possible to determine the worth of Pilgrims Pride on a given historical date. On March 21, 2024 Pilgrims was worth 33.89 at the beginning of the trading date compared to the closed value of 33.9. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Pilgrims Pride stock. Still, in general, we apply an absolute valuation method to find Pilgrims Pride'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 Pilgrims Pride where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Pilgrims Pride's related companies.
| Open | High | Low | Close | Volume | |
| 33.50 | 33.78 | 33.25 | 33.72 | 519,928 | |
03/21/2024 | 33.89 | 33.98 | 33.70 | 33.90 | 775,686 |
| 34.02 | 34.13 | 33.83 | 33.85 | 448,721 |
| Backtest Pilgrims Pride | | | Pilgrims Pride History | | | Pilgrims Pride Valuation | Previous | Next |
Pilgrims Pride Trading Date Momentum on March 21, 2024
| On March 22 2024 Pilgrims Pride Corp was traded for 33.85 at the closing time. Highest Pilgrims Pride's price during the trading hours was 34.13 and the lowest price during the day was 33.83 . The net volume was 448.7 K. The overall trading history on the 22nd of March contributed to the next trading period price depreciation. The trading delta at closing time to the next next day price was 0.15% . The trading delta at closing time to current price is 1.50% . |
Pilgrims Pride Corp Fundamentals Correlations and Trends
By evaluating Pilgrims Pride'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 Pilgrims Pride's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Pilgrims financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Pilgrims Pride Stock history
Pilgrims Pride 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 Pilgrims is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Pilgrims Pride Corp 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 Pilgrims Pride stock prices may prove useful in developing a viable investing in Pilgrims Pride
Pilgrims Pride Corporation engages in the production, processing, marketing and distribution of fresh, frozen and value-added chicken, and pork products to retailers, distributors, and foodservice operators in the United States, the United Kingdom, Mexico, the Middle East, Asia, Continental Europe, and internationally. Pilgrims Pride Corporation operates as a subsidiary of JBS S.A. Pilgrims Pride operates under Packaged Foods classification in the United States and is traded on NASDAQ Exchange. It employs 61800 people.
Pilgrims Pride Stock Technical Analysis
Pilgrims Pride 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
Pilgrims Pride Period Price Range
Low | March 21, 2024
| High |
33.89 | 33.90 |
Pilgrims Pride May 19, 2024 Market Strength
Market strength indicators help investors to evaluate how Pilgrims Pride stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Pilgrims Pride shares will generate the highest return on investment. By undertsting and applying Pilgrims Pride stock market strength indicators, traders can identify Pilgrims Pride Corp entry and exit signals to maximize returns
Pilgrims Pride Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Pilgrims Pride's price direction in advance. Along with the technical and fundamental analysis of Pilgrims Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Pilgrims 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 | 0.1667 | |||
| Jensen Alpha | 0.4043 | |||
| Total Risk Alpha | 0.1674 | |||
| Sortino Ratio | 0.2957 | |||
| Treynor Ratio | (2.40) |
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Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Pilgrims Pride Corp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in american community survey. You can also try the Odds Of Bankruptcy module to get analysis of equity chance of financial distress in the next 2 years.
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When running Pilgrims Pride's price analysis, check to measure Pilgrims Pride'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 Pilgrims Pride is operating at the current time. Most of Pilgrims Pride's value examination focuses on studying past and present price action to predict the probability of Pilgrims Pride's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Pilgrims Pride's price. Additionally, you may evaluate how the addition of Pilgrims Pride to your portfolios can decrease your overall portfolio volatility.
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Is Pilgrims Pride'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 Pilgrims Pride. If investors know Pilgrims 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 Pilgrims Pride listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Pilgrims Pride Corp is measured differently than its book value, which is the value of Pilgrims that is recorded on the company's balance sheet. Investors also form their own opinion of Pilgrims Pride's value that differs from its market value or its book value, called intrinsic value, which is Pilgrims Pride'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 Pilgrims Pride's market value can be influenced by many factors that don't directly affect Pilgrims Pride'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 Pilgrims Pride's value and its price as these two are different measures arrived at by different means. Investors typically determine if Pilgrims Pride is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Pilgrims Pride'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.