Pinterest Stock Market Value
| PINS Stock | USD 32.85 0.17 0.51% |
| Symbol | Pinterest |
Pinterest Price To Book Ratio
Is Pinterest'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 Pinterest. If investors know Pinterest 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 Pinterest 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 10.232 | Earnings Share (0.05) | Revenue Per Share 4.528 | Quarterly Revenue Growth 0.119 | Return On Assets 0.0002 |
The market value of Pinterest is measured differently than its book value, which is the value of Pinterest that is recorded on the company's balance sheet. Investors also form their own opinion of Pinterest's value that differs from its market value or its book value, called intrinsic value, which is Pinterest'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 Pinterest's market value can be influenced by many factors that don't directly affect Pinterest'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 Pinterest's value and its price as these two are different measures arrived at by different means. Investors typically determine if Pinterest is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Pinterest'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.
Pinterest '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 Pinterest'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 Pinterest.
| 03/26/2024 |
| 04/25/2024 |
If you would invest 0.00 in Pinterest on March 26, 2024 and sell it all today you would earn a total of 0.00 from holding Pinterest or generate 0.0% return on investment in Pinterest over 30 days. Pinterest is related to or competes with Twilio, and Tencent Holdings. Pinterest, Inc. operates as a visual discovery engine in the United States and internationally More
Pinterest 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 Pinterest'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 Pinterest upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.12) | |||
| Maximum Drawdown | 15.23 | |||
| Value At Risk | (3.35) | |||
| Potential Upside | 3.19 |
Pinterest Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Pinterest's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Pinterest's standard deviation. In reality, there are many statistical measures that can use Pinterest historical prices to predict the future Pinterest's volatility.| Risk Adjusted Performance | (0.04) | |||
| Jensen Alpha | (0.24) | |||
| Total Risk Alpha | (0.46) | |||
| Treynor Ratio | (0.18) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Pinterest'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.
Pinterest Backtested Returns
Pinterest maintains Sharpe Ratio (i.e., Efficiency) of -0.09, which implies the firm had a -0.09% return per unit of risk over the last 3 months. Pinterest exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Pinterest's Variance of 4.65, risk adjusted performance of (0.04), and Coefficient Of Variation of (1,408) to confirm the risk estimate we provide. The company holds a Beta of 0.91, which implies possible diversification benefits within a given portfolio. Pinterest returns are very sensitive to returns on the market. As the market goes up or down, Pinterest is expected to follow. Pinterest has an expected return of -0.2%. Please make sure to check Pinterest total risk alpha, kurtosis, as well as the relationship between the Kurtosis and price action indicator , to decide if Pinterest performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.23 |
Weak predictability
Pinterest has weak predictability. Overlapping area represents the amount of predictability between Pinterest time series from 26th of March 2024 to 10th of April 2024 and 10th of April 2024 to 25th 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 Pinterest price movement. The serial correlation of 0.23 indicates that over 23.0% of current Pinterest price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.23 | |
| Spearman Rank Test | 0.34 | |
| Residual Average | 0.0 | |
| Price Variance | 0.22 |
Pinterest lagged returns against current returns
Autocorrelation, which is Pinterest 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 Pinterest's stock expected returns. We can calculate the autocorrelation of Pinterest returns to help us make a trade decision. For example, suppose you find that Pinterest 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 |
Pinterest 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 Pinterest stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Pinterest stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Pinterest stock over time.
Current vs Lagged Prices |
| Timeline |
Pinterest Lagged Returns
When evaluating Pinterest's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Pinterest stock have on its future price. Pinterest 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, Pinterest autocorrelation shows the relationship between Pinterest stock current value and its past values and can show if there is a momentum factor associated with investing in Pinterest.
Regressed Prices |
| Timeline |
Pinterest Investors Sentiment
The influence of Pinterest'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 Pinterest. 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 Pinterest's public news can be used to forecast risks associated with an investment in Pinterest. The trend in average sentiment can be used to explain how an investor holding Pinterest can time the market purely based on public headlines and social activities around Pinterest. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Pinterest'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 Pinterest'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 Pinterest's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Pinterest.
Pinterest Implied Volatility | 77.74 |
Pinterest's implied volatility exposes the market's sentiment of Pinterest stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Pinterest'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 Pinterest stock will not fluctuate a lot when Pinterest'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 Pinterest 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, Pinterest's short interest history, or implied volatility extrapolated from Pinterest options trading.
Becoming a Better Investor with Macroaxis
Macroaxis puts the power of mathematics on your side. We analyze your portfolios and positions such as Pinterest 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
Align your risk with return expectations
Check out Pinterest Correlation, Pinterest Volatility and Pinterest Alpha and Beta module to complement your research on Pinterest. For more information on how to buy Pinterest Stock please use our How to Invest in Pinterest guide.You can also try the Commodity Channel module to use Commodity Channel Index to analyze current equity momentum.
Complementary Tools for Pinterest Stock analysis
When running Pinterest's price analysis, check to measure Pinterest'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 Pinterest is operating at the current time. Most of Pinterest's value examination focuses on studying past and present price action to predict the probability of Pinterest's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Pinterest's price. Additionally, you may evaluate how the addition of Pinterest to your portfolios can decrease your overall portfolio volatility.
| Portfolio Volatility Check portfolio volatility and analyze historical return density to properly model market risk | |
| Sectors List of equity sectors categorizing publicly traded companies based on their primary business activities | |
| Global Markets Map Get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes | |
| Alpha Finder Use alpha and beta coefficients to find investment opportunities after accounting for the risk | |
| Economic Indicators Top statistical indicators that provide insights into how an economy is performing | |
| Equity Analysis Research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities | |
| Commodity Directory Find actively traded commodities issued by global exchanges | |
| Risk-Return Analysis View associations between returns expected from investment and the risk you assume |
Pinterest 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.