Pentair Plc Stock Market Value
| PNR Stock | USD 78.47 0.73 0.92% |
| Symbol | Pentair |
Pentair PLC Price To Book Ratio
Is Pentair PLC'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 Pentair PLC. If investors know Pentair 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 Pentair PLC 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 1.161 | Dividend Share 0.88 | Earnings Share 3.75 | Revenue Per Share 24.861 | Quarterly Revenue Growth (0.02) |
The market value of Pentair PLC is measured differently than its book value, which is the value of Pentair that is recorded on the company's balance sheet. Investors also form their own opinion of Pentair PLC's value that differs from its market value or its book value, called intrinsic value, which is Pentair PLC'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 Pentair PLC's market value can be influenced by many factors that don't directly affect Pentair PLC'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 Pentair PLC's value and its price as these two are different measures arrived at by different means. Investors typically determine if Pentair PLC is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Pentair PLC'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.
Pentair PLC '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 Pentair PLC'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 Pentair PLC.
| 04/30/2023 |
| 04/24/2024 |
If you would invest 0.00 in Pentair PLC on April 30, 2023 and sell it all today you would earn a total of 0.00 from holding Pentair PLC or generate 0.0% return on investment in Pentair PLC over 360 days. Pentair PLC is related to or competes with Emerson Electric, Eaton PLC, Generac Holdings, Cummins, and Rockwell Automation. It operates through Consumer Solutions and Industrial Flow Technologies segments More
Pentair PLC 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 Pentair PLC'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 Pentair PLC upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.16 | |||
| Information Ratio | 0.0775 | |||
| Maximum Drawdown | 4.74 | |||
| Value At Risk | (1.59) | |||
| Potential Upside | 2.23 |
Pentair PLC Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Pentair PLC's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Pentair PLC's standard deviation. In reality, there are many statistical measures that can use Pentair PLC historical prices to predict the future Pentair PLC's volatility.| Risk Adjusted Performance | 0.0974 | |||
| Jensen Alpha | 0.0557 | |||
| Total Risk Alpha | 0.0163 | |||
| Sortino Ratio | 0.0825 | |||
| Treynor Ratio | 0.1164 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Pentair PLC'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.
Pentair PLC Backtested Returns
We consider Pentair PLC very steady. Pentair PLC maintains Sharpe Ratio (i.e., Efficiency) of 0.12, which implies the firm had a 0.12% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Pentair PLC, which you can use to evaluate the volatility of the company. Please check Pentair PLC's Risk Adjusted Performance of 0.0974, semi deviation of 0.8903, and Coefficient Of Variation of 666.08 to confirm if the risk estimate we provide is consistent with the expected return of 0.15%. Pentair PLC has a performance score of 9 on a scale of 0 to 100. The company holds a Beta of 1.5, which implies a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Pentair PLC will likely underperform. Pentair PLC right now holds a risk of 1.19%. Please check Pentair PLC value at risk, as well as the relationship between the kurtosis and price action indicator , to decide if Pentair PLC will be following its historical price patterns.
Auto-correlation | 0.66 |
Good predictability
Pentair PLC has good predictability. Overlapping area represents the amount of predictability between Pentair PLC time series from 30th of April 2023 to 27th of October 2023 and 27th of October 2023 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 Pentair PLC price movement. The serial correlation of 0.66 indicates that around 66.0% of current Pentair PLC price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.66 | |
| Spearman Rank Test | 0.6 | |
| Residual Average | 0.0 | |
| Price Variance | 54.91 |
Pentair PLC lagged returns against current returns
Autocorrelation, which is Pentair PLC 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 Pentair PLC's stock expected returns. We can calculate the autocorrelation of Pentair PLC returns to help us make a trade decision. For example, suppose you find that Pentair PLC 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 |
Pentair PLC 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 Pentair PLC stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Pentair PLC stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Pentair PLC stock over time.
Current vs Lagged Prices |
| Timeline |
Pentair PLC Lagged Returns
When evaluating Pentair PLC's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Pentair PLC stock have on its future price. Pentair PLC 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, Pentair PLC autocorrelation shows the relationship between Pentair PLC stock current value and its past values and can show if there is a momentum factor associated with investing in Pentair PLC.
Regressed Prices |
| Timeline |
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Align your risk with return expectations
Check out Pentair PLC Correlation, Pentair PLC Volatility and Pentair PLC Alpha and Beta module to complement your research on Pentair PLC. To learn how to invest in Pentair Stock, please use our How to Invest in Pentair PLC guide.You can also try the Risk-Return Analysis module to view associations between returns expected from investment and the risk you assume.
Complementary Tools for Pentair Stock analysis
When running Pentair PLC's price analysis, check to measure Pentair PLC'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 Pentair PLC is operating at the current time. Most of Pentair PLC's value examination focuses on studying past and present price action to predict the probability of Pentair PLC's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Pentair PLC's price. Additionally, you may evaluate how the addition of Pentair PLC to your portfolios can decrease your overall portfolio volatility.
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Pentair PLC 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.