Procore Technologies Stock Technical Analysis
| PCOR Stock | USD 76.85 1.62 2.15% |
As of the 22nd of November, Procore Technologies holds the Semi Deviation of 1.46, coefficient of variation of 601.48, and Risk Adjusted Performance of 0.1335. Compared to fundamental indicators, the technical analysis model allows you to check existing technical drivers of Procore Technologies, as well as the relationship between them. Please check Procore Technologies variance, value at risk, as well as the relationship between the Value At Risk and skewness to decide if Procore Technologies is priced some-what accurately, providing market reflects its current price of 76.85 per share. Given that Procore Technologies has jensen alpha of 0.1932, we recommend you to check out Procore Technologies's recent market performance to make sure the company can sustain itself at a future point.
Procore Technologies Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Procore, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to ProcoreProcore |
Procore Technologies Analyst Consensus
| Target Price | Advice | # of Analysts | |
| 83.07 | Buy | 21 | Odds |
Most Procore analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand Procore stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Procore Technologies, talking to its executives and customers, or listening to Procore conference calls.
Procore Technologies 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.
Procore Technologies Technical Analysis
The output start index for this execution was thirty-six with a total number of output elements of twenty-five. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of Procore Technologies volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Procore Technologies Trend Analysis
Use this graph to draw trend lines for Procore Technologies. You can use it to identify possible trend reversals for Procore Technologies as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual Procore Technologies price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Procore Technologies Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Procore Technologies applied against its price change over selected period. The best fit line has a slop of 0.29 , which means Procore Technologies will continue generating value for investors. It has 122 observation points and a regression sum of squares at 3113.15, which is the sum of squared deviations for the predicted Procore Technologies price change compared to its average price change.About Procore Technologies Technical Analysis
The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of Procore Technologies on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of Procore Technologies based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Procore Technologies price pattern first instead of the macroeconomic environment surrounding Procore Technologies. By analyzing Procore Technologies's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of Procore Technologies's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to Procore Technologies specific price patterns or momentum indicators. Please read more on our technical analysis page.
| 2021 | 2022 | 2023 | 2024 (projected) | Payables Turnover | 6.35 | 10.39 | 13.24 | 13.9 | Days Of Inventory On Hand | 63.23 | 58.04 | 52.24 | 54.1 |
Procore Technologies November 22, 2024 Technical Indicators
Most technical analysis of Procore help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Procore from various momentum indicators to cycle indicators. When you analyze Procore charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.
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| Risk Adjusted Performance | 0.1335 | |||
| Market Risk Adjusted Performance | 0.2167 | |||
| Mean Deviation | 1.7 | |||
| Semi Deviation | 1.46 | |||
| Downside Deviation | 1.73 | |||
| Coefficient Of Variation | 601.48 | |||
| Standard Deviation | 2.3 | |||
| Variance | 5.29 | |||
| Information Ratio | 0.1187 | |||
| Jensen Alpha | 0.1932 | |||
| Total Risk Alpha | 0.0724 | |||
| Sortino Ratio | 0.1582 | |||
| Treynor Ratio | 0.2067 | |||
| Maximum Drawdown | 9.89 | |||
| Value At Risk | (2.47) | |||
| Potential Upside | 4.79 | |||
| Downside Variance | 2.98 | |||
| Semi Variance | 2.13 | |||
| Expected Short fall | (2.12) | |||
| Skewness | 0.7378 | |||
| Kurtosis | 0.9371 |
Additional Tools for Procore Stock Analysis
When running Procore Technologies' price analysis, check to measure Procore Technologies' 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 Procore Technologies is operating at the current time. Most of Procore Technologies' value examination focuses on studying past and present price action to predict the probability of Procore Technologies' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Procore Technologies' price. Additionally, you may evaluate how the addition of Procore Technologies to your portfolios can decrease your overall portfolio volatility.