Priority Technology Stock Forecast - Rate Of Daily Change

PRTH Stock  USD 6.63  0.01  0.15%   
Priority Stock Forecast is based on your current time horizon. We recommend always using this module together with an analysis of Priority Technology's historical fundamentals, such as revenue growth or operating cash flow patterns.
  
As of now, Priority Technology's Inventory Turnover is increasing as compared to previous years. The Priority Technology's current Fixed Asset Turnover is estimated to increase to 25.39, while Payables Turnover is projected to decrease to 41.47. . The current Common Stock Shares Outstanding is estimated to decrease to about 58.9 M. The Priority Technology's current Net Loss is estimated to increase to about (33.4 M).
Priority Technology Holdings has current Rate Of Daily Change of 1.0. Rate Of Daily Change (RDOC) indicator calculates rate of change of a given period over the current closing price of Priority Technology.
Check Priority Technology VolatilityBacktest Priority TechnologyInformation Ratio  

Priority Technology Trading Date Momentum

On November 07 2024 Priority Technology Holdings was traded for  6.63  at the closing time. The top price for the day was 7.80  and the lowest listed price was  6.61 . The trading volume for the day was 151.1 K. The trading history from November 7, 2024 did not cause price change. The trading delta at closing time against the current closing price is 0.30% .
The rate of daily change can indicate whether a given asset was oversold or over brought during a given period.
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Other Forecasting Options for Priority Technology

For every potential investor in Priority, whether a beginner or expert, Priority Technology's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Priority Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Priority. Basic forecasting techniques help filter out the noise by identifying Priority Technology's price trends.

Priority Technology Related Equities

One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Priority Technology stock to make a market-neutral strategy. Peer analysis of Priority Technology could also be used in its relative valuation, which is a method of valuing Priority Technology by comparing valuation metrics with similar companies.
 Risk & Return  Correlation

Priority Technology Technical and Predictive Analytics

The stock market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of Priority Technology's price movements, a comprehensive understanding of forecasting methods that an investor can rely on to make the right move is invaluable. These methods predict trends that assist an investor in predicting the movement of Priority Technology's current price.

Priority Technology Market Strength Events

Market strength indicators help investors to evaluate how Priority Technology stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Priority Technology shares will generate the highest return on investment. By undertsting and applying Priority Technology stock market strength indicators, traders can identify Priority Technology Holdings entry and exit signals to maximize returns.

Priority Technology Risk Indicators

The analysis of Priority Technology's basic risk indicators is one of the essential steps in accurately forecasting its future price. The process involves identifying the amount of risk involved in Priority Technology's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting priority stock prices, we also provide a set of basic risk indicators that can assist in the individual investment decision or help in hedging the risk of your existing portfolios.
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential investments, we recommend comparing similar equities with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.

Currently Active Assets on Macroaxis

When determining whether Priority Technology offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Priority Technology'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 Priority Technology Holdings Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Priority Technology Holdings Stock:
Check out Historical Fundamental Analysis of Priority Technology to cross-verify your projections.
You can also try the Positions Ratings module to determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance.
Is Transaction & Payment Processing Services 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 Priority Technology. If investors know Priority 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 Priority Technology listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.76)
Revenue Per Share
10.412
Quarterly Revenue Growth
0.206
Return On Assets
0.044
Return On Equity
0.2326
The market value of Priority Technology is measured differently than its book value, which is the value of Priority that is recorded on the company's balance sheet. Investors also form their own opinion of Priority Technology's value that differs from its market value or its book value, called intrinsic value, which is Priority Technology'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 Priority Technology's market value can be influenced by many factors that don't directly affect Priority Technology'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 Priority Technology's value and its price as these two are different measures arrived at by different means. Investors typically determine if Priority Technology is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Priority Technology'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.