Primerica Stock Probability of Future Stock Price Finishing Over 206.34
| PRI Stock | USD 298.57 2.55 0.85% |
Primerica |
Primerica Target Price Odds to finish over 206.34
The tendency of Primerica 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 above $ 206.34 in 90 days |
| 298.57 | 90 days | 206.34 | close to 99 |
Based on a normal probability distribution, the odds of Primerica to stay above $ 206.34 in 90 days from now is close to 99 (This Primerica probability density function shows the probability of Primerica Stock to fall within a particular range of prices over 90 days) . Probability of Primerica price to stay between $ 206.34 and its current price of $298.57 at the end of the 90-day period is about 91.03 .
Considering the 90-day investment horizon the stock has the beta coefficient of 1.05 indicating Primerica market returns are responsive to returns on the market. As the market goes up or down, Primerica is expected to follow. Additionally Primerica has an alpha of 0.0841, implying that it can generate a 0.0841 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Primerica Price Density |
| Price |
Predictive Modules for Primerica
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Primerica. 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.Primerica Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Primerica is not an exception. The market had few large corrections towards the Primerica'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 Primerica, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Primerica within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.08 | |
β | Beta against Dow Jones | 1.05 | |
σ | Overall volatility | 16.54 | |
Ir | Information ratio | 0.07 |
Primerica 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 Primerica for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Primerica can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Over 94.0% of the company shares are owned by institutional investors | |
| Latest headline from gurufocus.com: Insider Sell Peter Schneider Sells 1,500 Shares of Primerica Inc |
Primerica 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 Primerica Stock often depends not only on the future outlook of the current and potential Primerica'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. Primerica's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 36 M | |
| Cash And Short Term Investments | 1.6 B |
Primerica Technical Analysis
Primerica's future price can be derived by breaking down and analyzing its technical indicators over time. Primerica Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Primerica. In general, you should focus on analyzing Primerica Stock price patterns and their correlations with different microeconomic environments and drivers.
Primerica Predictive Forecast Models
Primerica's time-series forecasting models is one of many Primerica'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 Primerica'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 Primerica
Checking the ongoing alerts about Primerica for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Primerica help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Over 94.0% of the company shares are owned by institutional investors | |
| Latest headline from gurufocus.com: Insider Sell Peter Schneider Sells 1,500 Shares of Primerica Inc |
Check out Primerica Backtesting, Primerica Valuation, Primerica Correlation, Primerica Hype Analysis, Primerica Volatility, Primerica History as well as Primerica Performance. For more detail on how to invest in Primerica Stock please use our How to Invest in Primerica guide.You can also try the Instant Ratings module to determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance.
Is Life & Health Insurance 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 Primerica. If investors know Primerica 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 Primerica 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 0.143 | Dividend Share 3.3 | Earnings Share 19.93 | Revenue Per Share 90.798 | Quarterly Revenue Growth 0.107 |
The market value of Primerica is measured differently than its book value, which is the value of Primerica that is recorded on the company's balance sheet. Investors also form their own opinion of Primerica's value that differs from its market value or its book value, called intrinsic value, which is Primerica'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 Primerica's market value can be influenced by many factors that don't directly affect Primerica'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 Primerica's value and its price as these two are different measures arrived at by different means. Investors typically determine if Primerica is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Primerica'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.