PROS Holdings Stock Forecast - Value At Risk
| PRO Stock | USD 23.17 0.10 0.43% |
PROS Stock Forecast is based on your current time horizon. Although PROS Holdings' naive historical forecasting may sometimes provide an important future outlook for the firm, we recommend always cross-verifying it against solid analysis of PROS Holdings' systematic risk associated with finding meaningful patterns of PROS Holdings fundamentals over time.
PROS |
| Check PROS Holdings Volatility | Backtest PROS Holdings | Trend Details |
PROS Holdings Trading Date Momentum
| On November 29 2024 PROS Holdings was traded for 23.17 at the closing time. Highest PROS Holdings's price during the trading hours was 23.57 and the lowest price during the day was 23.15 . The net volume was 149.8 K. The overall trading history on the 29th of November contributed to the next trading period price depreciation. The trading delta at closing time to the next next day price was 0.43% . The trading delta at closing time to current price is 0.64% . |
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Other Forecasting Options for PROS Holdings
For every potential investor in PROS, whether a beginner or expert, PROS Holdings' price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. PROS Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in PROS. Basic forecasting techniques help filter out the noise by identifying PROS Holdings' price trends.PROS Holdings 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 PROS Holdings stock to make a market-neutral strategy. Peer analysis of PROS Holdings could also be used in its relative valuation, which is a method of valuing PROS Holdings by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
PROS Holdings 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 PROS Holdings' 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 PROS Holdings' current price.| Cycle Indicators | ||
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PROS Holdings Market Strength Events
Market strength indicators help investors to evaluate how PROS Holdings stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading PROS Holdings shares will generate the highest return on investment. By undertsting and applying PROS Holdings stock market strength indicators, traders can identify PROS Holdings entry and exit signals to maximize returns.
PROS Holdings Risk Indicators
The analysis of PROS Holdings' 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 PROS Holdings' investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting pros 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 | 2.44 | |||
| Semi Deviation | 3.07 | |||
| Standard Deviation | 3.25 | |||
| Variance | 10.59 | |||
| Downside Variance | 11.32 | |||
| Semi Variance | 9.39 | |||
| Expected Short fall | (2.40) |
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 PROS Holdings
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 PROS Holdings 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 PROS Holdings will appreciate offsetting losses from the drop in the long position's value.Moving together with PROS Stock
| 0.94 | DJCO | Daily Journal Corp | PairCorr |
| 0.79 | AI | C3 Ai Inc Earnings Call This Week | PairCorr |
| 0.78 | BL | Blackline | PairCorr |
Moving against PROS Stock
The ability to find closely correlated positions to PROS Holdings could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace PROS Holdings 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 PROS Holdings - 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 PROS Holdings to buy it.
The correlation of PROS Holdings 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 PROS Holdings moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if PROS Holdings 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 PROS Holdings 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 PROS Holdings to cross-verify your projections. To learn how to invest in PROS Stock, please use our How to Invest in PROS Holdings guide.You can also try the Theme Ratings module to determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance.
Is Application Software 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 PROS Holdings. If investors know PROS 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 PROS Holdings listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.61) | Revenue Per Share 6.889 | Quarterly Revenue Growth 0.071 | Return On Assets (0.04) |
The market value of PROS Holdings is measured differently than its book value, which is the value of PROS that is recorded on the company's balance sheet. Investors also form their own opinion of PROS Holdings' value that differs from its market value or its book value, called intrinsic value, which is PROS Holdings' 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 PROS Holdings' market value can be influenced by many factors that don't directly affect PROS Holdings' 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 PROS Holdings' value and its price as these two are different measures arrived at by different means. Investors typically determine if PROS Holdings is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, PROS Holdings' 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.