Primerica Stock Market Value
| PRI Stock | USD 301.73 4.86 1.64% |
| Symbol | Primerica |
Primerica Price To Book Ratio
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 19.94 | 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.
Primerica 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Primerica's stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Primerica.
| 06/04/2023 |
| 11/25/2024 |
If you would invest 0.00 in Primerica on June 4, 2023 and sell it all today you would earn a total of 0.00 from holding Primerica or generate 0.0% return on investment in Primerica over 540 days. Primerica is related to or competes with CNO Financial, Aflac Incorporated, Prudential Public, FG Annuities, MetLife Preferred, Brighthouse Financial, and MetLife Preferred. Primerica, Inc., together with its subsidiaries, provides financial products to middle-income households in the United S... More
Primerica Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Primerica's stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Primerica upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.9913 | |||
| Information Ratio | 0.0893 | |||
| Maximum Drawdown | 6.27 | |||
| Value At Risk | (1.29) | |||
| Potential Upside | 2.39 |
Primerica Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Primerica's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Primerica's standard deviation. In reality, there are many statistical measures that can use Primerica historical prices to predict the future Primerica's volatility.| Risk Adjusted Performance | 0.1557 | |||
| Jensen Alpha | 0.1037 | |||
| Total Risk Alpha | 0.039 | |||
| Sortino Ratio | 0.108 | |||
| Treynor Ratio | 0.2217 |
Primerica Backtested Returns
Primerica appears to be very steady, given 3 months investment horizon. Primerica maintains Sharpe Ratio (i.e., Efficiency) of 0.2, which implies the firm had a 0.2% return per unit of risk over the last 3 months. We have found thirty technical indicators for Primerica, which you can use to evaluate the volatility of the company. Please evaluate Primerica's Risk Adjusted Performance of 0.1557, coefficient of variation of 504.22, and Semi Deviation of 0.6942 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Primerica holds a performance score of 15. The company holds a Beta of 1.03, which implies a somewhat significant risk relative to the market. Primerica returns are very sensitive to returns on the market. As the market goes up or down, Primerica is expected to follow. Please check Primerica's downside variance, and the relationship between the sortino ratio and accumulation distribution , to make a quick decision on whether Primerica's historical price patterns will revert.
Auto-correlation | 0.66 |
Good predictability
Primerica has good predictability. Overlapping area represents the amount of predictability between Primerica time series from 4th of June 2023 to 29th of February 2024 and 29th of February 2024 to 25th of November 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Primerica price movement. The serial correlation of 0.66 indicates that around 66.0% of current Primerica price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.66 | |
| Spearman Rank Test | 0.57 | |
| Residual Average | 0.0 | |
| Price Variance | 505.14 |
Primerica lagged returns against current returns
Autocorrelation, which is Primerica stock's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Primerica's stock expected returns. We can calculate the autocorrelation of Primerica returns to help us make a trade decision. For example, suppose you find that Primerica has exhibited high autocorrelation historically, and you observe that the stock is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
Primerica regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Primerica stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Primerica stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Primerica stock over time.
Current vs Lagged Prices |
| Timeline |
Primerica Lagged Returns
When evaluating Primerica's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Primerica stock have on its future price. Primerica autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Primerica autocorrelation shows the relationship between Primerica stock current value and its past values and can show if there is a momentum factor associated with investing in Primerica.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
When determining whether Primerica offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Primerica'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 Primerica Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Primerica Stock:Check out Primerica Correlation, Primerica Volatility and Primerica Alpha and Beta module to complement your research on Primerica. For more detail on how to invest in Primerica Stock please use our How to Invest in Primerica guide.You can also try the Transaction History module to view history of all your transactions and understand their impact on performance.
Primerica 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.