Pra Group Stock Chance of Future Stock Price Finishing Under 24.02
| PRAA Stock | USD 20.46 0.32 1.54% |
PRA |
PRA Target Price Odds to finish below 24.02
The tendency of PRA Stock price to converge on an average value over time is a known aspect in finance that investors have used since the beginning of the stock market for forecasting. However, many studies suggest that some traded equity instruments are consistently mispriced before traders' demand and supply correct the spread. One possible conclusion to this anomaly is that these stocks have additional risk, for which investors demand compensation in the form of extra returns.
| Current Price | Horizon | Target Price | Odds to stay under $ 24.02 after 90 days |
| 20.46 | 90 days | 24.02 | about 97.0 |
Based on a normal probability distribution, the odds of PRA to stay under $ 24.02 after 90 days from now is about 97.0 (This PRA Group probability density function shows the probability of PRA Stock to fall within a particular range of prices over 90 days) . Probability of PRA Group price to stay between its current price of $ 20.46 and $ 24.02 at the end of the 90-day period is about 75.02 .
Given the investment horizon of 90 days the stock has the beta coefficient of 1.1 indicating PRA Group market returns are sensitive to returns on the market. As the market goes up or down, PRA is expected to follow. Additionally PRA Group has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the Dow Jones Industrial. PRA Price Density |
| Price |
Predictive Modules for PRA
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as PRA Group. Regardless of method or technology, however, to accurately forecast the stock market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the stock market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.PRA Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. PRA is not an exception. The market had few large corrections towards the PRA's value, including both sudden drops in prices as well as massive rallies. These swings have made and broken many portfolios. An investor can limit the violent swings in their portfolio by implementing a hedging strategy designed to limit downside losses. If you hold PRA Group, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of PRA within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.13 | |
β | Beta against Dow Jones | 1.10 | |
σ | Overall volatility | 1.31 | |
Ir | Information ratio | -0.04 |
PRA Alerts and Suggestions
In today's market, stock alerts give investors the competitive edge they need to time the market and increase returns. Checking the ongoing alerts of PRA for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for PRA Group can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| PRA Group generated a negative expected return over the last 90 days | |
| PRA Group has high historical volatility and very poor performance | |
| The company reported the previous year's revenue of 815.5 M. Net Loss for the year was (83.48 M) with profit before overhead, payroll, taxes, and interest of 966.52 M. | |
| PRA Group currently holds about 89.58 M in cash with (97.53 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 2.3. | |
| PRA Group has a poor financial position based on the latest SEC disclosures | |
| Over 99.0% of the company shares are owned by institutional investors | |
| Latest headline from gurufocus.com: PRA Group Inc Shares Gap Down to 20.16 on Dec 27 |
PRA Price Density Drivers
Market volatility will typically increase when nervous long traders begin to feel the short-sellers pressure to drive the market lower. The future price of PRA Stock often depends not only on the future outlook of the current and potential PRA's investors but also on the ongoing dynamics between investors with different trading styles. Because the market risk indicators may have small false signals, it is better to identify suitable times to hedge a portfolio using different long/short signals. PRA's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 39.2 M | |
| Cash And Short Term Investments | 172 M |
PRA Technical Analysis
PRA's future price can be derived by breaking down and analyzing its technical indicators over time. PRA Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of PRA Group. In general, you should focus on analyzing PRA Stock price patterns and their correlations with different microeconomic environments and drivers.
PRA Predictive Forecast Models
PRA's time-series forecasting models is one of many PRA's stock analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models are widely used for non-stationary data. Non-stationary data are called the data whose statistical properties, e.g., the mean and standard deviation, are not constant over time, but instead, these metrics vary over time. This non-stationary PRA's historical data is usually called time series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the stock market movement and maximize returns from investment trading.
Things to note about PRA Group
Checking the ongoing alerts about PRA for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for PRA Group help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| PRA Group generated a negative expected return over the last 90 days | |
| PRA Group has high historical volatility and very poor performance | |
| The company reported the previous year's revenue of 815.5 M. Net Loss for the year was (83.48 M) with profit before overhead, payroll, taxes, and interest of 966.52 M. | |
| PRA Group currently holds about 89.58 M in cash with (97.53 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 2.3. | |
| PRA Group has a poor financial position based on the latest SEC disclosures | |
| Over 99.0% of the company shares are owned by institutional investors | |
| Latest headline from gurufocus.com: PRA Group Inc Shares Gap Down to 20.16 on Dec 27 |
Check out PRA Backtesting, PRA Valuation, PRA Correlation, PRA Hype Analysis, PRA Volatility, PRA History as well as PRA Performance. You can also try the ETFs module to find actively traded Exchange Traded Funds (ETF) from around the world.
Is Consumer Finance space 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 PRA. If investors know PRA 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 PRA 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 (0.48) | Earnings Share 1.1 | Revenue Per Share 26.515 | Quarterly Revenue Growth 0.301 | Return On Assets 0.0393 |
The market value of PRA Group is measured differently than its book value, which is the value of PRA that is recorded on the company's balance sheet. Investors also form their own opinion of PRA's value that differs from its market value or its book value, called intrinsic value, which is PRA'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 PRA's market value can be influenced by many factors that don't directly affect PRA'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 PRA's value and its price as these two are different measures arrived at by different means. Investors typically determine if PRA is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, PRA'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.