Pra Group Stock Market Value
| PRAA Stock | USD 20.65 0.27 1.32% |
| Symbol | PRA |
PRA Group Price To Book Ratio
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.
PRA '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 PRA'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 PRA.
| 02/04/2023 |
| 12/25/2024 |
If you would invest 0.00 in PRA on February 4, 2023 and sell it all today you would earn a total of 0.00 from holding PRA Group or generate 0.0% return on investment in PRA over 690 days. PRA is related to or competes with Visa, and Mastercard. PRA Group, Inc., a financial and business services company, engages in the purchase, collection, and management of portf... More
PRA 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 PRA'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 PRA Group upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.02) | |||
| Maximum Drawdown | 22.18 | |||
| Value At Risk | (3.18) | |||
| Potential Upside | 5.48 |
PRA Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for PRA's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as PRA's standard deviation. In reality, there are many statistical measures that can use PRA historical prices to predict the future PRA's volatility.| Risk Adjusted Performance | (0.0003) | |||
| Jensen Alpha | (0.09) | |||
| Total Risk Alpha | (0.18) | |||
| Treynor Ratio | (0.03) |
PRA Group Backtested Returns
PRA Group retains Efficiency (Sharpe Ratio) of -0.0416, which implies the firm had a -0.0416% return per unit of risk over the last 3 months. PRA exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check PRA's market risk adjusted performance of (0.02), and Coefficient Of Variation of (10,247) to confirm the risk estimate we provide. The company owns a Beta (Systematic Risk) of 1.28, 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, PRA will likely underperform. At this point, PRA Group has a negative expected return of -0.14%. Please make sure to check PRA's potential upside, day median price, and the relationship between the treynor ratio and accumulation distribution , to decide if PRA Group performance from the past will be repeated at future time.
Auto-correlation | 0.47 |
Average predictability
PRA Group has average predictability. Overlapping area represents the amount of predictability between PRA time series from 4th of February 2023 to 15th of January 2024 and 15th of January 2024 to 25th of December 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 PRA Group price movement. The serial correlation of 0.47 indicates that about 47.0% of current PRA price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.47 | |
| Spearman Rank Test | 0.38 | |
| Residual Average | 0.0 | |
| Price Variance | 4.06 |
PRA Group lagged returns against current returns
Autocorrelation, which is PRA 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 PRA's stock expected returns. We can calculate the autocorrelation of PRA returns to help us make a trade decision. For example, suppose you find that PRA 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 |
PRA 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 PRA stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if PRA stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in PRA stock over time.
Current vs Lagged Prices |
| Timeline |
PRA Lagged Returns
When evaluating PRA's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of PRA stock have on its future price. PRA 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, PRA autocorrelation shows the relationship between PRA stock current value and its past values and can show if there is a momentum factor associated with investing in PRA Group.
Regressed Prices |
| Timeline |
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether PRA Group offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of PRA's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Pra Group Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Pra Group Stock:Check out PRA Correlation, PRA Volatility and PRA Alpha and Beta module to complement your research on PRA. You can also try the Efficient Frontier module to plot and analyze your portfolio and positions against risk-return landscape of the market..
PRA 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.