Pennantpark Floating Rate Stock Beta
| PFLT Stock | ILA 4,300 0.00 0.00% |
PennantPark Floating Rate fundamentals help investors to digest information that contributes to PennantPark Floating's financial success or failures. It also enables traders to predict the movement of PennantPark Stock. The fundamental analysis module provides a way to measure PennantPark Floating's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to PennantPark Floating stock.
PennantPark |
PennantPark Floating Rate Company Beta Analysis
PennantPark Floating's Beta is one of the most important measures of equity market volatility. Beta can be thought of as asset elasticity or sensitivity to market. In other words, it is a number that shows the relationship of an equity instrument to the financial market in which this instrument is traded. For example, if Beta of equity is 2, it is expected to significantly outperform market when the market is going up and significantly underperform when the market is going down. Similarly, Beta of 1 indicates that an asset and market will generate similar returns over time.
Current PennantPark Floating Beta | 1.64 |
Most of PennantPark Floating's fundamental indicators, such as Beta, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, PennantPark Floating Rate is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
In a nutshell, Beta is a measure of individual stock risk relative to the overall volatility of the stock market. and is calculated based on very sound finance theory - Capital Assets Pricing Model (CAPM).However, since Beta is calculated based on historical price movements it may not predict how a firm's stock is going to perform in the future.
| Competition |
In accordance with the recently published financial statements, PennantPark Floating Rate has a Beta of 1.6398. This is 99.98% higher than that of the Financial Services sector and 34.41% higher than that of the Asset Management industry. The beta for all Israel stocks is notably lower than that of the firm.
PennantPark Beta Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses PennantPark Floating's direct or indirect competition against its Beta to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of PennantPark Floating could also be used in its relative valuation, which is a method of valuing PennantPark Floating by comparing valuation metrics of similar companies.PennantPark Floating is currently under evaluation in beta category among related companies.
As the market goes up, the company is expected to outperform it. However, if the market returns are negative, PennantPark Floating will likely underperform.
PennantPark Fundamentals
| Return On Equity | -0.0249 | |||
| Return On Asset | 0.0418 | |||
| Profit Margin | (0.11) % | |||
| Operating Margin | 0.75 % | |||
| Current Valuation | 3.26 B | |||
| Shares Outstanding | 49.68 M | |||
| Shares Owned By Insiders | 1.79 % | |||
| Shares Owned By Institutions | 21.69 % | |||
| Price To Book | 0.97 X | |||
| Price To Sales | 17.06 X | |||
| Revenue | 11.61 M | |||
| Gross Profit | 105.48 M | |||
| Net Income | 3.45 M | |||
| Cash And Equivalents | 48.7 M | |||
| Cash Per Share | 1.26 X | |||
| Total Debt | 566.03 M | |||
| Debt To Equity | 1.14 % | |||
| Current Ratio | 1.67 X | |||
| Book Value Per Share | 11.30 X | |||
| Cash Flow From Operations | (49.96 M) | |||
| Earnings Per Share | 0.28 X | |||
| Price To Earnings To Growth | 0.28 X | |||
| Beta | 1.64 | |||
| Market Capitalization | 1.9 B | |||
| Total Asset | 1.22 B | |||
| Z Score | 1.8 | |||
| Annual Yield | 0.11 % | |||
| Net Asset | 1.22 B | |||
| Last Dividend Paid | 1.14 |
About PennantPark Floating Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze PennantPark Floating Rate's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of PennantPark Floating using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of PennantPark Floating Rate based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
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Macroaxis puts the power of mathematics on your side. We analyze your portfolios and positions such as PennantPark Floating Rate using complex mathematical models and algorithms, but make them easy to understand. There is no real person involved in your portfolio analysis. We perform a number of calculations to compute absolute and relative portfolio volatility, correlation between your assets, value at risk, expected return as well as over 100 different fundamental and technical indicators.Build Optimal Portfolios
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Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in PennantPark Floating Rate. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors. 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 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.
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