Pagaya Technologies Stock Overlap Studies MESA Adaptive Moving Average
| PGY Stock | USD 10.02 0.72 6.70% |
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The output start index for this execution was thirty-two with a total number of output elements of twenty-nine. The MESA Adaptive Moving Average indicator adapts to Pagaya Technologies price movement based on the rate change of phase as measured by the Hilbert Transform Discriminator.
Pagaya Technologies Technical Analysis Modules
Most technical analysis of Pagaya Technologies help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Pagaya from various momentum indicators to cycle indicators. When you analyze Pagaya charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur.| Cycle Indicators | ||
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| Momentum Indicators | ||
| Overlap Studies | ||
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| Price Transform | ||
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| Volatility Indicators | ||
| Volume Indicators |
About Pagaya Technologies Predictive Technical Analysis
Predictive technical analysis modules help investors to analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Pagaya Technologies. We use our internally-developed statistical techniques to arrive at the intrinsic value of Pagaya Technologies based on widely used predictive technical indicators. In general, we focus on analyzing Pagaya Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Pagaya Technologies's daily price indicators and compare them against related drivers, such as overlap studies and various other types of predictive indicators. Using this methodology combined with a more conventional technical analysis and fundamental analysis, we attempt to find the most accurate representation of Pagaya Technologies's intrinsic value. In addition to deriving basic predictive indicators for Pagaya Technologies, we also check how macroeconomic factors affect Pagaya Technologies price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
| 2021 | 2022 | 2023 | 2024 (projected) | Days Sales Outstanding | 27.59 | 31.54 | 38.4 | 42.83 | PTB Ratio | 276.21 | 1.53 | 1.67 | 1.59 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Pagaya Technologies' 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.
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Pagaya Technologies pair trading
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Pagaya Technologies position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Pagaya Technologies will appreciate offsetting losses from the drop in the long position's value.Pagaya Technologies Pair Trading
Pagaya Technologies Pair Trading Analysis
The ability to find closely correlated positions to Pagaya Technologies could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Pagaya Technologies when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Pagaya Technologies - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Pagaya Technologies to buy it.
The correlation of Pagaya Technologies is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Pagaya Technologies moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Pagaya Technologies moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Pagaya Technologies can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Pagaya Technologies. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in price. For more information on how to buy Pagaya Stock please use our How to Invest in Pagaya Technologies guide.Note that the Pagaya Technologies information on this page should be used as a complementary analysis to other Pagaya Technologies' 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 Fundamentals Comparison module to compare fundamentals across multiple equities to find investing opportunities.
Complementary Tools for Pagaya Stock analysis
When running Pagaya Technologies' price analysis, check to measure Pagaya Technologies' 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 Pagaya Technologies is operating at the current time. Most of Pagaya Technologies' value examination focuses on studying past and present price action to predict the probability of Pagaya Technologies' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Pagaya Technologies' price. Additionally, you may evaluate how the addition of Pagaya Technologies to your portfolios can decrease your overall portfolio volatility.
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Is Pagaya Technologies' 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 Pagaya Technologies. If investors know Pagaya 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 Pagaya Technologies listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (2.14) | Revenue Per Share 13.525 | Quarterly Revenue Growth 0.13 | Return On Assets (0.01) | Return On Equity (0.26) |
The market value of Pagaya Technologies is measured differently than its book value, which is the value of Pagaya that is recorded on the company's balance sheet. Investors also form their own opinion of Pagaya Technologies' value that differs from its market value or its book value, called intrinsic value, which is Pagaya Technologies' 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 Pagaya Technologies' market value can be influenced by many factors that don't directly affect Pagaya Technologies' 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 Pagaya Technologies' value and its price as these two are different measures arrived at by different means. Investors typically determine if Pagaya Technologies is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Pagaya Technologies' 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.