Pros Holdings Stock Market Value
| PRO Stock | USD 34.62 0.35 1.02% |
| Symbol | PROS |
PROS Holdings Price To Book Ratio
Is PROS Holdings' industry 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 (1.22) | Revenue Per Share 6.58 | Quarterly Revenue Growth 0.092 | Return On Assets (0.07) |
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.
PROS Holdings '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 PROS Holdings' 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 PROS Holdings.
| 03/26/2024 |
| 04/25/2024 |
If you would invest 0.00 in PROS Holdings on March 26, 2024 and sell it all today you would earn a total of 0.00 from holding PROS Holdings or generate 0.0% return on investment in PROS Holdings over 30 days. PROS Holdings is related to or competes with Meridianlink, Enfusion, PDF Solutions, EPlus, Model N, Progress Software, and Sapiens International. PROS Holdings, Inc. provides solutions that optimize the processes of selling and shopping in the digital economy worldw... More
PROS Holdings 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 PROS Holdings' 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 PROS Holdings upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.06) | |||
| Maximum Drawdown | 9.43 | |||
| Value At Risk | (4.68) | |||
| Potential Upside | 3.33 |
PROS Holdings Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for PROS Holdings' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as PROS Holdings' standard deviation. In reality, there are many statistical measures that can use PROS Holdings historical prices to predict the future PROS Holdings' volatility.| Risk Adjusted Performance | (0) | |||
| Jensen Alpha | (0.21) | |||
| Total Risk Alpha | (0.35) | |||
| Treynor Ratio | (0.03) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of PROS Holdings' price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
PROS Holdings Backtested Returns
PROS Holdings maintains Sharpe Ratio (i.e., Efficiency) of -0.0145, which implies the firm had a -0.0145% return per unit of volatility over the last 3 months. PROS Holdings exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check PROS Holdings' coefficient of variation of (5,595), and Risk Adjusted Performance of (0) to confirm the risk estimate we provide. The company holds a Beta of 1.94, which implies a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, PROS Holdings will likely underperform. PROS Holdings has an expected return of -0.0319%. Please make sure to check PROS Holdings treynor ratio, accumulation distribution, as well as the relationship between the Accumulation Distribution and period momentum indicator , to decide if PROS Holdings performance from the past will be repeated at some future point.
Auto-correlation | -0.62 |
Very good reverse predictability
PROS Holdings has very good reverse predictability. Overlapping area represents the amount of predictability between PROS Holdings time series from 26th of March 2024 to 10th of April 2024 and 10th of April 2024 to 25th of April 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 PROS Holdings price movement. The serial correlation of -0.62 indicates that roughly 62.0% of current PROS Holdings price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.62 | |
| Spearman Rank Test | -0.52 | |
| Residual Average | 0.0 | |
| Price Variance | 1.24 |
PROS Holdings lagged returns against current returns
Autocorrelation, which is PROS Holdings 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 PROS Holdings' stock expected returns. We can calculate the autocorrelation of PROS Holdings returns to help us make a trade decision. For example, suppose you find that PROS Holdings 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 |
PROS Holdings 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 PROS Holdings stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if PROS Holdings stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in PROS Holdings stock over time.
Current vs Lagged Prices |
| Timeline |
PROS Holdings Lagged Returns
When evaluating PROS Holdings' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of PROS Holdings stock have on its future price. PROS Holdings 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, PROS Holdings autocorrelation shows the relationship between PROS Holdings stock current value and its past values and can show if there is a momentum factor associated with investing in PROS Holdings.
Regressed Prices |
| Timeline |
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Check out PROS Holdings Correlation, PROS Holdings Volatility and PROS Holdings Alpha and Beta module to complement your research on PROS Holdings. To learn how to invest in PROS Stock, please use our How to Invest in PROS Holdings guide.You can also try the Portfolio Dashboard module to portfolio dashboard that provides centralized access to all your investments.
Complementary Tools for PROS Stock analysis
When running PROS Holdings' price analysis, check to measure PROS Holdings' 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 PROS Holdings is operating at the current time. Most of PROS Holdings' value examination focuses on studying past and present price action to predict the probability of PROS Holdings' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move PROS Holdings' price. Additionally, you may evaluate how the addition of PROS Holdings to your portfolios can decrease your overall portfolio volatility.
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PROS Holdings 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.