PNC Bank Stock Price on August 9, 2022 Breakdown

PNC
 Stock
  

USD 159.23  1.41  0.88%   

As of today, the current price of PNC Bank is  159.23 , as last reported on the 6th of October, with the highest price reaching  159.98  and the lowest price hitting  157.52  during the day.
We consider PNC Bank very steady. PNC Bank retains Efficiency (Sharpe Ratio) of 0.0518, which implies the firm had 0.0518% of return per unit of risk over the last 24 months. Our philosophy in forecasting the volatility of a stock is to use all available market data together with stock-specific technical indicators that cannot be diversified away. We have found twenty-eight technical indicators for PNC Bank, which you can use to evaluate the future volatility of the company. Please check PNC Bank market risk adjusted performance of 0.0728, and Semi Deviation of 1.66 to confirm if the risk estimate we provide is consistent with the expected return of 0.0948%.
  

PNC Bank Valuation on August 9, 2022

It is possible to determine the worth of PNC Bank on a given historical date. On August 9, 2022 PNC Bank was worth 166.06 at the beginning of the trading date compared to the closed value of 165.92. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of PNC Bank stock. Still, in general, we apply an absolute valuation method to find PNC Bank's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Visa where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against PNC Bank's related companies.
 Open High Low Close Volume
  168.29    168.84    165.87    166.04    918,915  
08/09/2022
  166.06    167.00    165.26    165.92    870,836  
  168.24    170.92    167.51    169.46    2,285,868  
Backtest PNC Bank  |  PNC Bank History  |  PNC Bank Valuation   PreviousNext  
Open Value 166.06
160.57
Downside
165.92
Closing Value
171.55
Upside

PNC Bank Trading Date Momentum on August 9, 2022

On August 10 2022 PNC Bank was traded for  169.46  at the closing time. Highest PNC Bank's price during the trading hours was 170.92  and the lowest price during the day was  167.51 . The net volume was 2.3 M. The overall trading history on the 10th of August contributed to the next trading period price jump. The trading delta at closing time to the next next day price was 2.13% . The trading delta at closing time to current price is 3.68% .

PNC Bank Fundamentals Correlations and Trends

By evaluating PNC Bank's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among PNC Bank's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. PNC Bank financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About PNC Bank Stock history

PNC Bank investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for PNC Bank is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in PNC Bank will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing PNC Bank historical stock prices may prove useful in developing a viable investing in PNC Bank
The PNC Financial Services Group, Inc. operates as a diversified financial services company in the United States. The company was founded in 1852 and is headquartered in Pittsburgh, Pennsylvania. PNC Bank operates under BanksRegional classification in the United States and is traded on New York Stock Exchange. It employs 58955 people.

PNC Bank Stock Technical Analysis

PNC Bank 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.
A focus of PNC Bank technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of PNC Bank trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

PNC Bank Period Price Range

Low
August 9, 2022
High

 166.06 

  

 165.92 

-0.14-0.08%

PNC Bank October 6, 2022 Market Strength

Market strength indicators help investors to evaluate how PNC Bank stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading PNC Bank shares will generate the highest return on investment. By undertsting and applying PNC Bank stock market strength indicators, traders can identify PNC Bank entry and exit signals to maximize returns

PNC Bank Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for PNC Bank stock's direction in advance. Along with the technical and fundamental analysis of PNC Bank Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of PNC Bank to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen stock market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
Please check Your Equity Center. You can also try Pair Correlation module to compare performance and examine fundamental relationship between any two equity instruments.

Complementary Tools for analysis

When running PNC Bank price analysis, check to measure PNC Bank'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 PNC Bank is operating at the current time. Most of PNC Bank's value examination focuses on studying past and present price action to predict the probability of PNC Bank's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move PNC Bank's price. Additionally, you may evaluate how the addition of PNC Bank to your portfolios can decrease your overall portfolio volatility.
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Is PNC Bank'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 PNC Bank. If investors know PNC Bank 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 PNC Bank listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of PNC Bank is measured differently than its book value, which is the value of PNC Bank that is recorded on the company's balance sheet. Investors also form their own opinion of PNC Bank's value that differs from its market value or its book value, called intrinsic value, which is PNC Bank'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 PNC Bank's market value can be influenced by many factors that don't directly affect PNC Bank'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 PNC Bank's value and its price as these two are different measures arrived at by different means. Investors typically determine PNC Bank value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, PNC Bank'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.