Ptc Inc Stock Market Value
| PTC Stock | USD 180.44 1.89 1.06% |
| Symbol | PTC |
PTC Inc Price To Book Ratio
Is PTC'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 PTC. If investors know PTC 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 PTC 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 (0.13) | Earnings Share 1.98 | Revenue Per Share 18.382 | Quarterly Revenue Growth 0.181 | Return On Assets 0.0551 |
The market value of PTC Inc is measured differently than its book value, which is the value of PTC that is recorded on the company's balance sheet. Investors also form their own opinion of PTC's value that differs from its market value or its book value, called intrinsic value, which is PTC'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 PTC's market value can be influenced by many factors that don't directly affect PTC'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 PTC's value and its price as these two are different measures arrived at by different means. Investors typically determine if PTC is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, PTC'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.
PTC '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 PTC'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 PTC.
| 04/30/2023 |
| 04/24/2024 |
If you would invest 0.00 in PTC on April 30, 2023 and sell it all today you would earn a total of 0.00 from holding PTC Inc or generate 0.0% return on investment in PTC over 360 days. PTC is related to or competes with C3 Ai, Shopify, Snowflake, and ServiceNow. PTC Inc. operates as software and services company in the Americas, Europe, and the Asia Pacific More
PTC 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 PTC'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 PTC Inc upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.34 | |||
| Information Ratio | (0.03) | |||
| Maximum Drawdown | 6.88 | |||
| Value At Risk | (2.09) | |||
| Potential Upside | 1.88 |
PTC Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for PTC's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as PTC's standard deviation. In reality, there are many statistical measures that can use PTC historical prices to predict the future PTC's volatility.| Risk Adjusted Performance | 0.0315 | |||
| Jensen Alpha | (0.05) | |||
| Total Risk Alpha | (0.12) | |||
| Sortino Ratio | (0.03) | |||
| Treynor Ratio | 0.0369 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of PTC'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.
PTC Inc Backtested Returns
We consider PTC very steady. PTC Inc retains Efficiency (Sharpe Ratio) of 0.0092, which implies the firm had a 0.0092% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for PTC, which you can use to evaluate the volatility of the company. Please check PTC's semi deviation of 1.29, and Market Risk Adjusted Performance of 0.0469 to confirm if the risk estimate we provide is consistent with the expected return of 0.0118%. The company owns a Beta (Systematic Risk) of 1.19, 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, PTC will likely underperform. PTC Inc currently owns a risk of 1.28%. Please check PTC Inc information ratio, downside variance, day median price, as well as the relationship between the treynor ratio and kurtosis , to decide if PTC Inc will be following its current price history.
Auto-correlation | 0.81 |
Very good predictability
PTC Inc has very good predictability. Overlapping area represents the amount of predictability between PTC 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 PTC Inc price movement. The serial correlation of 0.81 indicates that around 81.0% of current PTC price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.81 | |
| Spearman Rank Test | 0.47 | |
| Residual Average | 0.0 | |
| Price Variance | 175.16 |
PTC Inc lagged returns against current returns
Autocorrelation, which is PTC 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 PTC's stock expected returns. We can calculate the autocorrelation of PTC returns to help us make a trade decision. For example, suppose you find that PTC 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 |
PTC 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 PTC stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if PTC stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in PTC stock over time.
Current vs Lagged Prices |
| Timeline |
PTC Lagged Returns
When evaluating PTC's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of PTC stock have on its future price. PTC 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, PTC autocorrelation shows the relationship between PTC stock current value and its past values and can show if there is a momentum factor associated with investing in PTC Inc.
Regressed Prices |
| Timeline |
PTC Investors Sentiment
The influence of PTC'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 PTC. 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 PTC's public news can be used to forecast risks associated with an investment in PTC. The trend in average sentiment can be used to explain how an investor holding PTC can time the market purely based on public headlines and social activities around PTC Inc. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
PTC'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 PTC'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 PTC's news discussions. The higher the estimated score, the more favorable is the investor's outlook on PTC.
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 PTC 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, PTC's short interest history, or implied volatility extrapolated from PTC options trading.
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Check out PTC Correlation, PTC Volatility and PTC Alpha and Beta module to complement your research on PTC. You can also try the Volatility Analysis module to get historical volatility and risk analysis based on latest market data.
Complementary Tools for PTC Stock analysis
When running PTC's price analysis, check to measure PTC'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 PTC is operating at the current time. Most of PTC's value examination focuses on studying past and present price action to predict the probability of PTC's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move PTC's price. Additionally, you may evaluate how the addition of PTC to your portfolios can decrease your overall portfolio volatility.
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PTC 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.