PRA Stock Forecast - Day Typical Price

PRAA Stock  USD 21.72  0.84  4.02%   
PRA Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast PRA stock prices and determine the direction of PRA Group's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of PRA's historical fundamentals, such as revenue growth or operating cash flow patterns.
  
At present, PRA's Inventory Turnover is projected to decrease significantly based on the last few years of reporting. The current year's Fixed Asset Turnover is expected to grow to 17.27, whereas Payables Turnover is forecasted to decline to 44.43. . The current year's Common Stock Shares Outstanding is expected to grow to about 50.1 M, whereas Net Income Applicable To Common Shares is forecasted to decline to about 93.8 M.
PRA Group has current Day Typical Price of 21.57. Typical Price is calculated as arithmetic average of the high, low and closing price for a given trading period.
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PRA Trading Date Momentum

On November 24 2024 PRA Group was traded for  21.72  at the closing time. The top price for the day was 22.02  and the lowest listed price was  20.97 . There was no trading activity during the period 0.0. Lack of trading volume on November 24, 2024 did not cause price change. The trading delta at closing time against the current closing price is 3.45% .
The period considered in calculating typical price is a single trading day, however the typical price can also be applied to other time spans such as a week, month or year.
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Other Forecasting Options for PRA

For every potential investor in PRA, whether a beginner or expert, PRA's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. PRA Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in PRA. Basic forecasting techniques help filter out the noise by identifying PRA's price trends.

PRA Related Equities

One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with PRA stock to make a market-neutral strategy. Peer analysis of PRA could also be used in its relative valuation, which is a method of valuing PRA by comparing valuation metrics with similar companies.
 Risk & Return  Correlation

PRA Group Technical and Predictive Analytics

The stock market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of PRA's price movements, a comprehensive understanding of forecasting methods that an investor can rely on to make the right move is invaluable. These methods predict trends that assist an investor in predicting the movement of PRA's current price.

PRA Market Strength Events

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

PRA Risk Indicators

The analysis of PRA's basic risk indicators is one of the essential steps in accurately forecasting its future price. The process involves identifying the amount of risk involved in PRA's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting pra stock prices, we also provide a set of basic risk indicators that can assist in the individual investment decision or help in hedging the risk of your existing portfolios.
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential investments, we recommend comparing similar equities with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.

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 Historical Fundamental Analysis of PRA to cross-verify your projections.
You can also try the Piotroski F Score module to get Piotroski F Score based on the binary analysis strategy of nine different fundamentals.
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.