Primerica Stock Technical Analysis

PRI Stock  USD 255.00  1.18  0.46%   
As of the 28th of March, Primerica holds the Risk Adjusted Performance of 0.1864, coefficient of variation of 305.92, and Semi Deviation of 0.5251. Compared to fundamental indicators, the technical analysis model allows you to check existing technical drivers of Primerica, as well as the relationship between them. Put it differently, you can use this information to find out if the company will indeed mirror its model of past market data, or the prices will eventually revert. We were able to interpolate data for nineteen technical drivers for Primerica, which can be compared to its competitors. Please check Primerica downside deviation, jensen alpha, as well as the relationship between the Jensen Alpha and downside variance to decide if Primerica is priced some-what accurately, providing market reflects its current price of 255.0 per share. Given that Primerica has jensen alpha of 0.2596, we recommend you to check out Primerica's recent market performance to make sure the company can sustain itself at a future point.

Primerica Momentum Analysis

Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Primerica, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to Primerica
  
Primerica's Momentum analyses are specifically helpful, as they help investors time the market using mark points where the market can reverse. The reversal spots are usually identified through divergence between price movement and momentum.

Primerica Analyst Consensus

Target PriceAdvice# of Analysts
220.2Buy5Odds
Primerica current and past analyst recommendations published by a number of research institutions as well as average analyst consensus.
Most Primerica 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 Primerica stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Primerica, talking to its executives and customers, or listening to Primerica conference calls.
Primerica Analyst Advice Details
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.
A focus of Primerica technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Primerica trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Primerica Technical Analysis

Indicator
Time Period
Execute Indicator
The output start index for this execution was three with a total number of output elements of fifty-eight. 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 Primerica volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Primerica Trend Analysis

Use this graph to draw trend lines for Primerica. You can use it to identify possible trend reversals for Primerica 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 Primerica price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.

Primerica Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Primerica applied against its price change over selected period. The best fit line has a slop of   0.77  , which may imply that Primerica will maintain its good market sentiment and make money for investors. It has 122 observation points and a regression sum of squares at 22498.97, which is the sum of squared deviations for the predicted Primerica price change compared to its average price change.

About Primerica 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 Primerica 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 Primerica based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Primerica price pattern first instead of the macroeconomic environment surrounding Primerica. By analyzing Primerica'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 Primerica'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 Primerica specific price patterns or momentum indicators. Please read more on our technical analysis page.
 2021 2022 2023 2024 (projected)
Price Earnings Ratio16.2314.4512.839.34
Short Term Coverage Ratios43.81.19122.03115.93

Primerica March 28, 2024 Technical Indicators

Most technical analysis of Primerica 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 Primerica from various momentum indicators to cycle indicators. When you analyze Primerica 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.
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 Your Equity Center to better understand how to build diversified portfolios, which includes a position in Primerica. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area.
For more detail on how to invest in Primerica Stock please use our How to Invest in Primerica guide.
You can also try the CEOs Directory module to screen CEOs from public companies around the world.

Complementary Tools for Primerica Stock analysis

When running Primerica's price analysis, check to measure Primerica'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 Primerica is operating at the current time. Most of Primerica's value examination focuses on studying past and present price action to predict the probability of Primerica's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Primerica's price. Additionally, you may evaluate how the addition of Primerica to your portfolios can decrease your overall portfolio volatility.
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Is Primerica's 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 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
0.091
Dividend Share
2.7
Earnings Share
15.93
Revenue Per Share
80.135
Quarterly Revenue Growth
0.056
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.