Perdoceo Education Stock Forecast - Expected Short fall
| PRDO Stock | USD 27.72 0.39 1.43% |
Perdoceo Stock Forecast is based on your current time horizon. Although Perdoceo Education's naive historical forecasting may sometimes provide an important future outlook for the firm, we recommend always cross-verifying it against solid analysis of Perdoceo Education's systematic risk associated with finding meaningful patterns of Perdoceo Education fundamentals over time.
Perdoceo |
| Check Perdoceo Education Volatility | Backtest Perdoceo Education | Information Ratio |
Perdoceo Education Trading Date Momentum
| On November 25 2024 Perdoceo Education Corp was traded for 27.72 at the closing time. The top price for the day was 28.04 and the lowest listed price was 27.48 . The trading volume for the day was 528.9 K. The trading history from November 25, 2024 did not cause price change. The trading delta at closing time against the current closing price is 0.83% . |
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Other Forecasting Options for Perdoceo Education
For every potential investor in Perdoceo, whether a beginner or expert, Perdoceo Education's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Perdoceo Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Perdoceo. Basic forecasting techniques help filter out the noise by identifying Perdoceo Education's price trends.Perdoceo Education 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 Perdoceo Education stock to make a market-neutral strategy. Peer analysis of Perdoceo Education could also be used in its relative valuation, which is a method of valuing Perdoceo Education by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Perdoceo Education Corp 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 Perdoceo Education'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 Perdoceo Education's current price.| Cycle Indicators | ||
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Perdoceo Education Market Strength Events
Market strength indicators help investors to evaluate how Perdoceo Education stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Perdoceo Education shares will generate the highest return on investment. By undertsting and applying Perdoceo Education stock market strength indicators, traders can identify Perdoceo Education Corp entry and exit signals to maximize returns.
Perdoceo Education Risk Indicators
The analysis of Perdoceo Education'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 Perdoceo Education's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting perdoceo 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.
| Mean Deviation | 1.56 | |||
| Semi Deviation | 1.47 | |||
| Standard Deviation | 2.58 | |||
| Variance | 6.67 | |||
| Downside Variance | 2.94 | |||
| Semi Variance | 2.16 | |||
| Expected Short fall | (1.88) |
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.
Pair Trading with Perdoceo Education
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 Perdoceo Education 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 Perdoceo Education will appreciate offsetting losses from the drop in the long position's value.Moving against Perdoceo Stock
| 0.58 | WAFU | Wah Fu Education | PairCorr |
| 0.58 | EDU | New Oriental Education | PairCorr |
| 0.51 | YQ | 17 Education Technology | PairCorr |
| 0.35 | IH | Ihuman Inc | PairCorr |
The ability to find closely correlated positions to Perdoceo Education could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Perdoceo Education 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 Perdoceo Education - 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 Perdoceo Education Corp to buy it.
The correlation of Perdoceo Education 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 Perdoceo Education moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Perdoceo Education Corp 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 Perdoceo Education 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 Historical Fundamental Analysis of Perdoceo Education to cross-verify your projections. You can also try the Portfolio Volatility module to check portfolio volatility and analyze historical return density to properly model market risk.
Is Diversified Consumer Services 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 Perdoceo Education. If investors know Perdoceo 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 Perdoceo Education 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 (0.08) | Dividend Share 0.11 | Earnings Share 1.99 | Revenue Per Share 9.948 | Quarterly Revenue Growth (0.06) |
The market value of Perdoceo Education Corp is measured differently than its book value, which is the value of Perdoceo that is recorded on the company's balance sheet. Investors also form their own opinion of Perdoceo Education's value that differs from its market value or its book value, called intrinsic value, which is Perdoceo Education'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 Perdoceo Education's market value can be influenced by many factors that don't directly affect Perdoceo Education'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 Perdoceo Education's value and its price as these two are different measures arrived at by different means. Investors typically determine if Perdoceo Education is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Perdoceo Education'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.