PennantPark Floating (Israel) Today
| PFLT Stock | ILA 4,300 0.00 0.00% |
Performance0 of 100
| Odds Of DistressLess than 31
|
PennantPark Floating is trading at 4300.00 as of the 24th of April 2024, a No Change since the beginning of the trading day. The stock's open price was 4300.0. PennantPark Floating has about a 31 percent probability of financial distress in the next few years of operation and has generated negative returns over the last 90 days. Equity ratings for PennantPark Floating Rate are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 25th of March 2024 and ending today, the 24th of April 2024. Click here to learn more.
PennantPark Floating Rate Capital Ltd. is a business development company. In case of floating rate loans, it holds investments for a period of three to ten years. PENNANTPARK FLTNG operates under Asset Management classification in Israel and is traded on Tel Aviv Stock Exchange. The company has 49.68 M outstanding shares. More on PennantPark Floating Rate
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Follow Valuation Odds of Bankruptcy
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PennantPark Stock Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. PennantPark Floating's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding PennantPark Floating or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Business Concentration | Asset Management, Financial Services (View all Sectors) |
PennantPark Floating Rate (PFLT) is traded on Tel Aviv Stock Exchange in Israel and employs 7 people. The company currently falls under 'Mid-Cap' category with a current market capitalization of 1.9 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate PennantPark Floating's market, we take the total number of its shares issued and multiply it by PennantPark Floating's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. PennantPark Floating Rate operates under Financial Services sector and is part of Asset Management industry. The entity has 49.68 M outstanding shares.
PennantPark Floating Rate has accumulated about 48.7 M in cash with (49.96 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.26.
Check PennantPark Floating Probability Of Bankruptcy
Ownership AllocationPennantPark Floating owns a total of 49.68 Million outstanding shares. Roughly 77.0 pct. of PennantPark Floating outstanding shares are held by general public with 1.79 % owned by insiders and only 21.69 (%) by third-party entities. Please note that no matter how many assets the company maintains, if the real value of the company is less than the current market value, you may not be able to make money on it.
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PennantPark Stock Price Odds Analysis
What are PennantPark Floating's target price odds to finish over the current price? Depending on a normal probability distribution, the odds of PennantPark Floating jumping above the current price in 90 days from now is about 31.5%. The PennantPark Floating Rate probability density function shows the probability of PennantPark Floating stock to fall within a particular range of prices over 90 days. Assuming the 90 days trading horizon PennantPark Floating has a beta of 0.0226 indicating as returns on the market go up, PennantPark Floating average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding PennantPark Floating Rate will be expected to be much smaller as well. Additionally, pennantPark Floating Rate has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite.
Based on a normal probability distribution, the odds of PennantPark Floating to move above the current price in 90 days from now is about 31.5 (This PennantPark Floating Rate probability density function shows the probability of PennantPark Stock to fall within a particular range of prices over 90 days) .
PennantPark Floating Rate Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. PennantPark Floating market risk premium is the additional return an investor will receive from holding PennantPark Floating long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in PennantPark Floating. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although PennantPark Floating's alpha and beta are two of the key measurements used to evaluate PennantPark Floating's performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 0.699 | |||
| Semi Deviation | 1.0 | |||
| Standard Deviation | 1.15 | |||
| Variance | 1.33 |
PennantPark Stock Against Markets
Picking the right benchmark for PennantPark Floating stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in PennantPark Floating stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for PennantPark Floating is critical whether you are bullish or bearish towards PennantPark Floating Rate at a given time. Please also check how PennantPark Floating's historical prices are related to one of the top price index indicators.
Be your own money manager
Our tools can tell you how much better you can do entering a position in PennantPark Floating without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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PennantPark Floating Corporate Management
Elected by the shareholders, the PennantPark Floating's board of directors comprises two types of representatives: PennantPark Floating inside directors who are chosen from within the company, and outside directors, selected externally and held independent of PennantPark. The board's role is to monitor PennantPark Floating's management team and ensure that shareholders' interests are well served. PennantPark Floating's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, PennantPark Floating's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Allorto CPA | CFO Treasurer | Profile | |
| Salvatore III | Partner | Profile | |
| JD Williams | Partner | Profile | |
| Jose Briones | Partner Director | Profile | |
| Thomas Esq | Sec | Profile | |
| Arthur Penn | Chairman Founder | Profile | |
| Guy JD | Chief Officer | Profile |
How to buy PennantPark Stock?
Before investing in PennantPark Floating, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in PennantPark Floating. To buy PennantPark Floating stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of PennantPark Floating. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase PennantPark Floating stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located PennantPark Floating Rate stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased PennantPark Floating Rate stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as PennantPark Floating Rate, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy PennantPark Stock please use our How to Invest in PennantPark Floating guide.
Already Invested in PennantPark Floating Rate?
The danger of trading PennantPark Floating Rate is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of PennantPark Floating is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than PennantPark Floating. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile PennantPark Floating Rate is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether PennantPark Floating Rate is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if PennantPark Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Pennantpark Floating Rate Stock. Highlighted below are key reports to facilitate an investment decision about Pennantpark Floating Rate Stock: 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 Commodity Directory module to find actively traded commodities issued by global exchanges.
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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