Prog Holdings Stock Price Prediction
| PRG Stock | USD 48.24 0.10 0.21% |
Oversold Vs Overbought
36
Oversold | Overbought |
Quarterly Earnings Growth 1.553 | EPS Estimate Next Quarter 0.72 | EPS Estimate Current Year 3.37 | EPS Estimate Next Year 3.91 | Wall Street Target Price 54 |
Using PROG Holdings hype-based prediction, you can estimate the value of PROG Holdings from the perspective of PROG Holdings response to recently generated media hype and the effects of current headlines on its competitors.
The fear of missing out, i.e., FOMO, can cause potential investors in PROG Holdings to buy its stock at a price that has no basis in reality. In that case, they are not buying PROG because the equity is a good investment, but because they need to do something to avoid the feeling of missing out. On the other hand, investors will often sell stocks at prices well below their value during bear markets because they need to stop feeling the pain of losing money.
PROG Holdings after-hype prediction price | USD 48.04 |
There is no one specific way to measure market sentiment using hype analysis or a similar predictive technique. This prediction method should be used in combination with more fundamental and traditional techniques such as stock price forecasting, technical analysis, analysts consensus, earnings estimates, and various momentum models.
PROG |
PROG Holdings After-Hype Price Prediction Density Analysis
As far as predicting the price of PROG Holdings at your current risk attitude, this probability distribution graph shows the chance that the prediction will fall between or within a specific range. We use this chart to confirm that your returns on investing in PROG Holdings or, for that matter, your successful expectations of its future price, cannot be replicated consistently. Please note, a large amount of money has been lost over the years by many investors who confused the symmetrical distributions of Stock prices, such as prices of PROG Holdings, with the unreliable approximations that try to describe financial returns.
Next price density |
| Expected price to next headline |
PROG Holdings Estimiated After-Hype Price Volatility
In the context of predicting PROG Holdings' stock value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on PROG Holdings' historical news coverage. PROG Holdings' after-hype downside and upside margins for the prediction period are 45.57 and 50.51, respectively. We have considered PROG Holdings' daily market price in relation to the headlines to evaluate this method's predictive performance. Remember, however, there is no scientific proof or empirical evidence that news-based prediction models outperform traditional linear, nonlinear models or artificial intelligence models to provide accurate predictions consistently.
Current Value
PROG Holdings is very steady at this time. Analysis and calculation of next after-hype price of PROG Holdings is based on 3 months time horizon.
PROG Holdings Stock Price Prediction Analysis
Have you ever been surprised when a price of a Company such as PROG Holdings is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading PROG Holdings backward and forwards among themselves. Have you ever observed a lot of a particular company's price movement is driven by press releases or news about the company that has nothing to do with actual earnings? Usually, hype to individual companies acts as price momentum. If not enough favorable publicity is forthcoming, the Stock price eventually runs out of speed. So, the rule of thumb here is that as long as this news hype has nothing to do with immediate earnings, you should pay more attention to it. If you see this tendency with PROG Holdings, there might be something going there, and it might present an excellent short sale opportunity.
| Expected Return | Period Volatility | Hype Elasticity | Related Elasticity | News Density | Related Density | Expected Hype |
0.21 | 2.47 | 0.20 | 0.05 | 9 Events / Month | 4 Events / Month | In about 9 days |
| Latest traded price | Expected after-news price | Potential return on next major news | Average after-hype volatility | ||
48.24 | 48.04 | 0.41 |
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PROG Holdings Hype Timeline
On the 13th of November 2024 PROG Holdings is traded for 48.24. The entity has historical hype elasticity of -0.2, and average elasticity to hype of competition of 0.05. PROG is projected to decline in value after the next headline, with the price expected to drop to 48.04. The average volatility of media hype impact on the company price is over 100%. The price depreciation on the next news is expected to be -0.41%, whereas the daily expected return is at this time at 0.21%. The volatility of related hype on PROG Holdings is about 1022.07%, with the expected price after the next announcement by competition of 48.29. About 98.0% of the company shares are owned by institutional investors. The book value of PROG Holdings was at this time reported as 15.18. The company has Price/Earnings To Growth (PEG) ratio of 0.31. PROG Holdings last dividend was issued on the 19th of November 2024. The entity had 1179:1000 split on the 1st of December 2020. Considering the 90-day investment horizon the next projected press release will be in about 9 days. Check out PROG Holdings Basic Forecasting Models to cross-verify your projections.PROG Holdings Related Hype Analysis
Having access to credible news sources related to PROG Holdings' direct competition is more important than ever and may enhance your ability to predict PROG Holdings' future price movements. Getting to know how PROG Holdings' peers react to changing market sentiment, related social signals, and mainstream news is a great way to find investing opportunities and time the market. The summary table below summarizes the essential lagging indicators that can help you analyze how PROG Holdings may potentially react to the hype associated with one of its peers.
| HypeElasticity | NewsDensity | SemiDeviation | InformationRatio | PotentialUpside | ValueAt Risk | MaximumDrawdown | |||
| ALTG | Alta Equipment Group | (0.07) | 6 per month | 3.20 | 0.11 | 6.95 | (5.44) | 17.02 | |
| HEES | HE Equipment Services | 0.46 | 7 per month | 1.94 | 0.13 | 3.36 | (3.22) | 12.07 | |
| GATX | GATX Corporation | 0.68 | 11 per month | 0.96 | 0.02 | 2.45 | (1.44) | 8.09 | |
| CTOS | Custom Truck One | (0.05) | 7 per month | 2.78 | 0.04 | 8.57 | (4.61) | 14.74 | |
| R | Ryder System | 0.43 | 10 per month | 1.43 | 0.10 | 3.31 | (2.64) | 7.59 | |
| TRTN-PB | Triton International Limited | 0.00 | 0 per month | 0.23 | (0.54) | 0.40 | (0.39) | 1.28 |
PROG Holdings Additional Predictive Modules
Most predictive techniques to examine PROG price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for PROG using various technical indicators. When you analyze PROG charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
About PROG Holdings Predictive Indicators
The successful prediction of PROG Holdings stock price could yield a significant profit to investors. But is it possible? The efficient-market hypothesis suggests that all published stock prices of traded companies, such as PROG Holdings, already reflect all publicly available information. This academic statement is a fundamental principle of many financial and investing theories used today. However, the typical investor usually disagrees with a 'textbook' version of this hypothesis and continually tries to find mispriced stocks to increase returns. We use internally-developed statistical techniques to arrive at the intrinsic value of PROG Holdings based on analysis of PROG Holdings hews, social hype, general headline patterns, and widely used predictive technical indicators.
We also calculate exposure to PROG Holdings's market risk, different technical and fundamental indicators, relevant financial multiples and ratios, and then comparing them to PROG Holdings's related companies. | 2023 | 2024 (projected) | Dividend Yield | 0.003422 | 0.001749 | Price To Sales Ratio | 0.59 | 0.56 |
Story Coverage note for PROG Holdings
The number of cover stories for PROG Holdings depends on current market conditions and PROG Holdings' risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that PROG Holdings is classified under. However, while its typical story may have numerous social followers, the rapid visibility can also attract short-sellers, who usually are skeptical about PROG Holdings' long-term prospects. So, having above-average coverage will typically attract above-average short interest, leading to significant price volatility.
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PROG Holdings Short Properties
PROG Holdings' future price predictability will typically decrease when PROG Holdings' long traders begin to feel the short-sellers pressure to drive the price lower. The predictive aspect of PROG Holdings often depends not only on the future outlook of the potential PROG Holdings' investors but also on the ongoing dynamics between investors with different trading styles. Because the market risk indicators may have small false signals, it is better to identify suitable times to hedge a portfolio using different long/short signals. PROG Holdings' indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 46.5 M | |
| Cash And Short Term Investments | 155.4 M |
Complementary Tools for PROG Stock analysis
When running PROG Holdings' price analysis, check to measure PROG 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 PROG Holdings is operating at the current time. Most of PROG Holdings' value examination focuses on studying past and present price action to predict the probability of PROG Holdings' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move PROG Holdings' price. Additionally, you may evaluate how the addition of PROG Holdings to your portfolios can decrease your overall portfolio volatility.
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