Pitney Bowes Stock Market Value
| PBI Stock | USD 4.24 0.04 0.95% |
| Symbol | Pitney |
Pitney Bowes Price To Book Ratio
Is Pitney Bowes' 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 Pitney Bowes. If investors know Pitney 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 Pitney Bowes 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 4.614 | Dividend Share 0.2 | Earnings Share (2.20) | Revenue Per Share 18.597 | Quarterly Revenue Growth (0.04) |
The market value of Pitney Bowes is measured differently than its book value, which is the value of Pitney that is recorded on the company's balance sheet. Investors also form their own opinion of Pitney Bowes' value that differs from its market value or its book value, called intrinsic value, which is Pitney Bowes' 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 Pitney Bowes' market value can be influenced by many factors that don't directly affect Pitney Bowes' 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 Pitney Bowes' value and its price as these two are different measures arrived at by different means. Investors typically determine if Pitney Bowes is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Pitney Bowes' 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.
Pitney Bowes '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 Pitney Bowes' 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 Pitney Bowes.
| 03/25/2024 |
| 04/24/2024 |
If you would invest 0.00 in Pitney Bowes on March 25, 2024 and sell it all today you would earn a total of 0.00 from holding Pitney Bowes or generate 0.0% return on investment in Pitney Bowes over 30 days. Pitney Bowes is related to or competes with Expeditors International, Landstar System, JB Hunt, Hub, Forward Air, and CH Robinson. Pitney Bowes Inc., a shipping and mailing company, provides technology, logistics, and financial services to small and m... More
Pitney Bowes 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 Pitney Bowes' 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 Pitney Bowes upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.62 | |||
| Information Ratio | (0.01) | |||
| Maximum Drawdown | 14.83 | |||
| Value At Risk | (4.56) | |||
| Potential Upside | 4.6 |
Pitney Bowes Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Pitney Bowes' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Pitney Bowes' standard deviation. In reality, there are many statistical measures that can use Pitney Bowes historical prices to predict the future Pitney Bowes' volatility.| Risk Adjusted Performance | 0.0245 | |||
| Jensen Alpha | 0.1321 | |||
| Total Risk Alpha | (0.33) | |||
| Sortino Ratio | (0.01) | |||
| Treynor Ratio | (0.09) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Pitney Bowes' 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.
Pitney Bowes Backtested Returns
We consider Pitney Bowes moderately volatile. Pitney Bowes maintains Sharpe Ratio (i.e., Efficiency) of 0.0062, which implies the firm had a 0.0062% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Pitney Bowes, which you can use to evaluate the volatility of the company. Please check Pitney Bowes' Semi Deviation of 2.46, coefficient of variation of 3737.66, and Risk Adjusted Performance of 0.0245 to confirm if the risk estimate we provide is consistent with the expected return of 0.0179%. The company holds a Beta of -0.76, which implies possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Pitney Bowes are expected to decrease at a much lower rate. During the bear market, Pitney Bowes is likely to outperform the market. Pitney Bowes right now holds a risk of 2.87%. Please check Pitney Bowes skewness, and the relationship between the potential upside and rate of daily change , to decide if Pitney Bowes will be following its historical price patterns.
Auto-correlation | 0.09 |
Virtually no predictability
Pitney Bowes has virtually no predictability. Overlapping area represents the amount of predictability between Pitney Bowes time series from 25th of March 2024 to 9th of April 2024 and 9th of April 2024 to 24th 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 Pitney Bowes price movement. The serial correlation of 0.09 indicates that less than 9.0% of current Pitney Bowes price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.09 | |
| Spearman Rank Test | 0.49 | |
| Residual Average | 0.0 | |
| Price Variance | 0.01 |
Pitney Bowes lagged returns against current returns
Autocorrelation, which is Pitney Bowes 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 Pitney Bowes' stock expected returns. We can calculate the autocorrelation of Pitney Bowes returns to help us make a trade decision. For example, suppose you find that Pitney Bowes 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 |
Pitney Bowes 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 Pitney Bowes stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Pitney Bowes stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Pitney Bowes stock over time.
Current vs Lagged Prices |
| Timeline |
Pitney Bowes Lagged Returns
When evaluating Pitney Bowes' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Pitney Bowes stock have on its future price. Pitney Bowes 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, Pitney Bowes autocorrelation shows the relationship between Pitney Bowes stock current value and its past values and can show if there is a momentum factor associated with investing in Pitney Bowes.
Regressed Prices |
| Timeline |
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Check out Pitney Bowes Correlation, Pitney Bowes Volatility and Pitney Bowes Alpha and Beta module to complement your research on Pitney Bowes. For more detail on how to invest in Pitney Stock please use our How to Invest in Pitney Bowes guide.Note that the Pitney Bowes information on this page should be used as a complementary analysis to other Pitney Bowes' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Technical Analysis module to check basic technical indicators and analysis based on most latest market data.
Complementary Tools for Pitney Stock analysis
When running Pitney Bowes' price analysis, check to measure Pitney Bowes' 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 Pitney Bowes is operating at the current time. Most of Pitney Bowes' value examination focuses on studying past and present price action to predict the probability of Pitney Bowes' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Pitney Bowes' price. Additionally, you may evaluate how the addition of Pitney Bowes to your portfolios can decrease your overall portfolio volatility.
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Pitney Bowes 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.