Proassurance Stock Price on September 30, 2024
| PRA Stock | USD 16.50 0.25 1.49% |
Below is the normalized historical share price chart for ProAssurance extending back to September 04, 1991. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of ProAssurance stands at 16.50, as last reported on the 26th of November, with the highest price reaching 16.72 and the lowest price hitting 16.42 during the day.
If you're considering investing in ProAssurance Stock, it is important to understand the factors that can impact its price. ProAssurance appears to be not too volatile, given 3 months investment horizon. ProAssurance maintains Sharpe Ratio (i.e., Efficiency) of 0.15, which implies the firm had a 0.15% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for ProAssurance, which you can use to evaluate the volatility of the company. Please evaluate ProAssurance's Coefficient Of Variation of 714.86, semi deviation of 1.77, and Risk Adjusted Performance of 0.1134 to confirm if our risk estimates are consistent with your expectations.
At present, ProAssurance's Total Stockholder Equity is projected to decrease significantly based on the last few years of reporting. The current year's Common Stock Shares Outstanding is expected to grow to about 61.6 M, whereas Liabilities And Stockholders Equity is forecasted to decline to about 3.9 B. . As of November 26, 2024, Price To Sales Ratio is expected to decline to 0.61. The current year's Price Earnings Ratio is expected to grow to -17.86. ProAssurance Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 4th of September 1991 | 200 Day MA 13.5497 | 50 Day MA 15.2436 | Beta 0.255 |
ProAssurance |
Sharpe Ratio = 0.1545
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Estimated Market Risk
| 2.17 actual daily | 19 81% of assets are more volatile |
Expected Return
| 0.33 actual daily | 6 94% of assets have higher returns |
Risk-Adjusted Return
| 0.15 actual daily | 12 88% of assets perform better |
Based on monthly moving average ProAssurance is performing at about 12% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of ProAssurance by adding it to a well-diversified portfolio.
Price Book 0.6959 | Price Sales 0.7385 | Shares Float 50.5 M | Wall Street Target Price 18.25 | Earnings Share 0.83 |
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ProAssurance Valuation on September 30, 2024
It is possible to determine the worth of ProAssurance on a given historical date. On September 30, 2024 ProAssurance was worth 14.58 at the beginning of the trading date compared to the closed value of 15.04. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of ProAssurance stock. Still, in general, we apply an absolute valuation method to find ProAssurance's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of ProAssurance where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against ProAssurance's related companies.
| Open | High | Low | Close | Volume | |
| 15.06 | 15.06 | 14.51 | 14.58 | 404,113 | |
09/30/2024 | 14.58 | 15.06 | 14.51 | 15.04 | 471,870 |
| 14.99 | 15.21 | 14.68 | 15.15 | 354,013 |
| Backtest ProAssurance | | | ProAssurance History | | | ProAssurance Valuation | Previous | Next |
ProAssurance Trading Date Momentum on September 30, 2024
| On October 01 2024 ProAssurance was traded for 15.15 at the closing time. Highest ProAssurance's price during the trading hours was 15.21 and the lowest price during the day was 14.68 . The net volume was 354 K. The overall trading history on the 1st of October contributed to the next trading period price jump. The trading delta at closing time to the next next day price was 0.73% . The trading delta at closing time to current price is 3.32% . |
ProAssurance Fundamentals Correlations and Trends
By evaluating ProAssurance's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among ProAssurance's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. ProAssurance financial account trend analysis is a perfect complement when working with valuation or volatility modules.About ProAssurance Stock history
ProAssurance investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for ProAssurance is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in ProAssurance will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing ProAssurance stock prices may prove useful in developing a viable investing in ProAssurance
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 52.8 M | 61.6 M | |
| Net Loss | -361.8 K | -343.7 K |
ProAssurance Stock Technical Analysis
ProAssurance 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.
Price Boundaries
ProAssurance Period Price Range
Low | November 26, 2024
| High |
0.00 | 0.00 |
ProAssurance cannot be verified against its exchange. Please verify the symbol is currently traded on New York Stock Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
ProAssurance November 26, 2024 Market Strength
Market strength indicators help investors to evaluate how ProAssurance stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading ProAssurance shares will generate the highest return on investment. By undertsting and applying ProAssurance stock market strength indicators, traders can identify ProAssurance entry and exit signals to maximize returns
ProAssurance Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for ProAssurance's price direction in advance. Along with the technical and fundamental analysis of ProAssurance Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of ProAssurance to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | 0.1134 | |||
| Jensen Alpha | 0.077 | |||
| Total Risk Alpha | (0.04) | |||
| Sortino Ratio | 0.0901 | |||
| Treynor Ratio | 0.1605 |
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Complementary Tools for ProAssurance Stock analysis
When running ProAssurance's price analysis, check to measure ProAssurance's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy ProAssurance is operating at the current time. Most of ProAssurance's value examination focuses on studying past and present price action to predict the probability of ProAssurance's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move ProAssurance's price. Additionally, you may evaluate how the addition of ProAssurance to your portfolios can decrease your overall portfolio volatility.
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