Pro-Assurance Stock Buy Hold or Sell Recommendation

PRA
 Stock
  

USD 23.04  0.47  2.00%   

Considering the 90-day investment horizon and your above-average risk tolerance, our recommendation regarding Pro-Assurance Corp is 'Hold'. Macroaxis provides Pro-Assurance Corp buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding PRA positions. The advice algorithm takes into account all of Pro-Assurance Corp's available fundamental, technical, and predictive indicators you will find on this site.
  
The advice is provided from Pro-Assurance Corp's buy-and-hold perspective. Please check Pro-Assurance Corp Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. We conduct extensive research on individual companies such as Pro-Assurance and provide practical buy, sell, or hold advice based on selected investing horizon and risk tolerance towards Pro-Assurance Corp.

Execute Pro-Assurance Corp Buy or Sell Advice

The Pro-Assurance recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Pro-Assurance Corp. Macroaxis does not own or have any residual interests in Pro-Assurance Corp or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Pro-Assurance Corp's advice using the current market data and latest reported fundamentals.

Time Horizon

Risk Tolerance

Execute Advice
Sell Pro-Assurance CorpBuy Pro-Assurance Corp
Hold

Volatility

Very steadyDetails

Hype Condition

Low keyDetails

Current Valuation

UndervaluedDetails

Odds of Distress

Below AverageDetails

Economic Sensitivity

Slowly supersedes the marketDetails

Analyst Consensus

HoldDetails

Financial Strenth (F Score)

FrailDetails

Financial Leverage

InapplicableDetails

Reporting Quality (M-Score)

Unlikely ManipulatorDetails
For the selected time horizon Pro-Assurance Corp has a Risk Adjusted Performance of 0.0981, Jensen Alpha of 0.0962, Total Risk Alpha of (0.00791), Sortino Ratio of 0.0216 and Treynor Ratio of 0.3668
Our recommendation module complements current analysts and expert consensus on Pro-Assurance Corp. It analyzes the company potential to grow using all fundamental, technical, and market related data available at the time. To make sure Pro-Assurance Corp is not overpriced, please check all Pro-Assurance Corp fundamentals, including its debt to equity, beta, and the relationship between the net income and short ratio . Given that Pro-Assurance Corp has a number of shares shorted of 1.08 M, we recommend you to check out Pro-Assurance Corp market performance and probability of bankruptcy to ensure the company can sustain itself in the current economic cycle given your recent risk tolerance and investing horizon.

Pro-Assurance Corp Trading Alerts and Improvement Suggestions

Pro-Assurance Corp has a frail financial position based on the latest SEC disclosures
Over 91.0% of the company shares are owned by institutional investors
On 29th of June 2022 Pro-Assurance Corp paid $ 0.05 per share dividend to its current shareholders
Latest headline from insurancenewsnet.com: AMERINST INSURANCE GROUP LTD 10-Q Managements Discussion and Analysis of Financial Condition and Results of Operations - Insurance News Net

Pro-Assurance Corp current analysts advice

We track the performance of the top 100 financial experts across various large and mid-size financial boutiques. Pro-Assurance analyst recommendations are determined by taking all analyst recommendations and averaging them as Strong Buy, Buy, Hold, Strong Sell or Sell. There is no one specific way to measure analysis performance other than comparing it to the past results via a very sophisticated attribution analysis. Pro-Assurance analyst consensus and target price projections should be used in combination with other traditional techniques such as stock price forecasting, technical analysis, earnings estimate, and various momentum models.
Target Mean Price27.33
Target Median Price28.00
Target High Price30.00
Recommendation Mean2.60
Number Of Analyst Opinions3
Target Low Price24.00
Average Consensus Hold
The consensus estimates and target price estimation comprises individual analyst assessments, and may or may not mutch the Macroaxis buy or sell advice. It is determined by taking an average of all analyst recommendations and classifying them as Strong Buy, Buy, Hold, or Sell.

Pro-Assurance Corp Returns Distribution Density

The distribution of Pro-Assurance Corp's historical returns is an attempt to chart the future uncertainty of Pro-Assurance Corp's future price movements. The chart of the probability distribution of Pro-Assurance Corp stock daily returns describes the distribution of returns around its average expected value. We use Pro-Assurance Corp price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Pro-Assurance Corp returns is essential to provide solid investment advice for Pro-Assurance Corp stock.
Mean Return0.14Value At Risk-3.07
Potential Upside2.91Standard Deviation1.82
   Return Density   
       Distribution  
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Pro-Assurance Corp historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.

Pro-Assurance Corp Cash Flow Accounts

201720182019202020212022 (projected)
Net Cash Flow from Financing(356.51 M)(446.19 M)(103.79 M)(43.45 M)(60.62 M)(65.41 M)
Net Cash Flow from Investing224.67 M214.9 M50.52 M(8.48 M)(85.53 M)(87.78 M)
Net Cash Flow from Operations149 M177.26 M148.17 M92.34 M73.97 M108.71 M

Pro-Assurance Corp Greeks

Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Pro-Assurance Corp or Financial Services sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Pro-Assurance Corp's price will be affected by overall stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a Pro-Assurance stock's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α
Alpha over DOW
0.1
β
Beta against DOW0.35
σ
Overall volatility
1.71
Ir
Information ratio 0.0195

Pro-Assurance Corp Volatility Alert

Pro-Assurance Corp has relatively low volatility with skewness of 0.64 and kurtosis of 2.12. However, we advise all investors to independently investigate Pro-Assurance Corp to ensure all accessible information is consistent with the expectations about its upside potential and future expected returns. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Pro-Assurance Corp's stock risk against market volatility during both bullying and bearish trends. The higher level of volatility that comes with bear markets can directly impact Pro-Assurance Corp's stock price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different stocks as prices fall.

Pro-Assurance Corp Implied Volatility

Pro-Assurance Corp's implied volatility" href="/stock-options/PRA/Pro-Assurance-Corp">Pro-Assurance Corp's implied volatility exposes the market's sentiment of Pro-Assurance Corp stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Pro-Assurance Corp's implied volatility" href="/stock-options/PRA/Pro-Assurance-Corp">Pro-Assurance Corp's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that Pro-Assurance Corp stock will not fluctuate a lot when Pro-Assurance Corp's options" href="/stock-options/PRA/Pro-Assurance-Corp">Pro-Assurance Corp's options are near their expiration.

Pro-Assurance Corp Fundamentals Vs Peers

Comparing Pro-Assurance Corp's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze Pro-Assurance Corp's direct or indirect competition across all of the common fundamentals between Pro-Assurance Corp and the related equities. This way, we can detect undervalued stocks with similar characteristics as Pro-Assurance Corp or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Pro-Assurance Corp's fundamental indicators could also be used in its relative valuation, which is a method of valuing Pro-Assurance Corp by comparing valuation metrics with those of similar companies.
    
 Better Than Average     
    
 Worse Than Average Compare Pro-Assurance Corp to competition
FundamentalsPro-Assurance CorpPeer Average
Return On Equity10.21 %(0.31) %
Return On Asset1.24 %(0.14) %
Profit Margin11.19 %(1.27) %
Operating Margin12.42 %(5.51) %
Current Valuation1.28 B16.62 B
Shares Outstanding54.05 M571.82 M
Shares Owned by Insiders1.49 %10.09 %
Shares Owned by Institutions90.67 %39.21 %
Number of Shares Shorted1.08 M4.71 M
Price to Earning9.50 X28.72 X
Price to Book0.98 X9.51 X
Price to Sales1.06 X11.42 X
Revenue1.19 B9.43 B
Gross Profit128.89 M27.38 B
EBITDA147.44 M3.9 B
Net Income132.83 M570.98 M
Cash and Equivalents354.77 M2.7 B
Cash per Share6.56 X5.01 X
Total Debt444.72 M5.32 B
Debt to Equity0.35 %48.70 %
Current Ratio2.22 X2.16 X
Book Value Per Share23.72 X1.93 K
Cash Flow from Operations59.53 M971.22 M
Short Ratio4.41 X4.00 X
Earnings Per Share2.46 X3.12 X
Price to Earnings To Growth0.98 X4.89 X
Number of Employees1.02 K18.84 K
Beta0.31-0.15
Market Capitalization1.26 B19.03 B
Total Asset4.91 B29.47 B
Retained Earnings1.32 B9.33 B
Z Score1.28.72
Five Year Return2.78 %
   Acquisition by Scott Syphax of tradable shares of Pro-Assurance Corp subject to Rule 16b-3 [view details]

Pro-Assurance Corp Market Momentum

Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Pro-Assurance . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
Accumulation Distribution1854.9
Daily Balance Of Power(1.18)
Rate Of Daily Change0.98
Day Median Price23.18
Day Typical Price23.13
Market Facilitation Index0.0
Price Action Indicator(0.38)

About Pro-Assurance Corp Buy or Sell Advice

When is the right time to buy or sell Pro-Assurance Corp? Buying financial instruments such as Pro-Assurance Stock isn't very hard. However, what challenging for most investors is doing it at the right time to beat the stock market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Although Pro-Assurance Corp investors may find it confusing at the beginning, most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.
 2019 2020 2021 2022 (projected)
Cash and Equivalents175.37 M215.78 M143.6 M136.44 M
Total Assets4.81 B4.65 B6.19 B5.37 B

Use Investing Ideas to Build Portfolios

In addition to having Pro-Assurance Corp in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.

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Please check Pro-Assurance Corp Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. Note that the Pro-Assurance Corp information on this page should be used as a complementary analysis to other Pro-Assurance Corp's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Theme Ratings module to determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance.

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Is Pro-Assurance Corp'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 Pro-Assurance Corp. If investors know Pro-Assurance 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 Pro-Assurance Corp 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 YOY
1.24
Market Capitalization
1.3 B
Quarterly Revenue Growth YOY
-0.092
Return On Assets
0.0072
Return On Equity
0.0302
The market value of Pro-Assurance Corp is measured differently than its book value, which is the value of Pro-Assurance that is recorded on the company's balance sheet. Investors also form their own opinion of Pro-Assurance Corp's value that differs from its market value or its book value, called intrinsic value, which is Pro-Assurance Corp'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 Pro-Assurance Corp's market value can be influenced by many factors that don't directly affect Pro-Assurance Corp'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 Pro-Assurance Corp's value and its price as these two are different measures arrived at by different means. Investors typically determine Pro-Assurance Corp value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Pro-Assurance Corp'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.