Pro-Assurance Stock Performance

PRA
 Stock
  

USD 23.13  0.23  0.98%   

On a scale of 0 to 100, Pro-Assurance Corp holds a performance score of 9. The company holds a Beta of 0.359, which implies possible diversification benefits within a given portfolio. Let's try to break down what Pro-Assurance's beta means in this case. As returns on the market increase, Pro-Assurance Corp returns are expected to increase less than the market. However, during the bear market, the loss on holding Pro-Assurance Corp will be expected to be smaller as well. Although it is important to respect Pro-Assurance Corp current trending patterns, it is better to be realistic regarding the information on the equity's existing price patterns. The philosophy towards forecasting future performance of any stock is to evaluate the business as a whole together with its past performance, including all available fundamental and technical indicators. By analyzing Pro-Assurance Corp technical indicators, you can presently evaluate if the expected return of 0.22% will be sustainable into the future. Please employ Pro-Assurance Corp semi variance, and the relationship between the maximum drawdown and accumulation distribution to make a quick decision on whether Pro-Assurance Corp historical price patterns will revert.
  
Pro-Assurance Performance
9 of 100
Compared to the overall equity markets, risk-adjusted returns on investments in Pro-Assurance Corp are ranked lower than 9 (%) of all global equities and portfolios over the last 90 days. Despite somewhat abnormal basic indicators, Pro-Assurance Corp sustained solid returns over the last few months and may actually be approaching a breakup point. ...more

Structure and Payout Changes

Forward Annual Dividend Yield
0.0086
Payout Ratio
0.15
Last Split Factor
2:1
Forward Annual Dividend Rate
0.2
Dividend Date
2022-06-29
Ex Dividend Date
2022-06-14
Last Split Date
2012-12-28

Pro-Assurance Price Channel

Quick Ratio1.22
Fifty Two Week Low20.37
Target High Price30.00
Fifty Two Week High27.55
Payout Ratio8.13%
Trailing Annual Dividend Yield0.91%
Target Low Price24.00

Pro-Assurance Corp Relative Risk vs. Return Landscape

If you would invest  2,036  in Pro-Assurance Corp on May 14, 2022 and sell it today you would earn a total of  277.00  from holding Pro-Assurance Corp or generate 13.61% return on investment over 90 days. Pro-Assurance Corp is generating 0.2214% of daily returns assuming volatility of 1.7842% on return distribution over 90 days investment horizon. In other words, 15% of stocks are less volatile than Pro-Assurance, and above 96% of all equities are expected to generate higher returns over the next 90 days.
  Daily Expected Return (%)  
       Risk (%)  
Considering the 90-day investment horizon Pro-Assurance Corp is expected to generate 1.4 times more return on investment than the market. However, the company is 1.4 times more volatile than its market benchmark. It trades about 0.12 of its potential returns per unit of risk. The DOW is currently generating roughly 0.05 per unit of risk.

Pro-Assurance Corp Market Risk Analysis

Today, many novice investors tend to focus exclusively on investment returns with little concern for Pro-Assurance Corp's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Pro-Assurance Corp, and traders can use it to determine the average amount a Pro-Assurance Corp's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.

Sharpe Ratio = 0.1241

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Estimated Market Risk
 1.78
  actual daily
 
 15 %
of total potential
 
1515
Expected Return
 0.22
  actual daily
 
 4 %
of total potential
 
44
Risk-Adjusted Return
 0.12
  actual daily
 
 9 %
of total potential
 
99
Based on monthly moving average Pro-Assurance Corp is performing at about 9% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Pro-Assurance Corp by adding it to a well-diversified portfolio.

About Pro-Assurance Corp Performance

To evaluate Pro-Assurance Corp Stock as a possible investment, you need to clearly understand its upside potential, downside risk, and overall future performance outlook. You may be satisfied when Pro-Assurance Corp generates a 15% return over the last few months, but what if the market is generating 25% over the same period? In this case, it makes sense to compare Pro-Assurance Stock's performance with different market indexes, such as the Dow or NASDAQ Composite. These indexes can act as benchmarks that will help you to understand Pro-Assurance Corp stock market performance in a much more refined way. At Macroaxis, we take it even further. The Macroaxis performance score is an integer between 0 and 100 that represents Pro-Assurance's market performance from a risk-adjusted return perspective. Generally speaking, the higher the score, the better is overall performance as compared to other investors. The score is normalized against the average investing universe (the best we can interpret from the data available). Within this methodology, scores of individual equity instruments will always be inferior to the scores of portfolios of equities as portfolios typically diversify a lot of unsystematic risks away. The formula to derive the Macroaxis score bases on multiple unequally-weighted factors. For more information, refer to our portfolio performance evaluation section.
Please also refer to our technical analysis and fundamental analysis pages.
Last ReportedProjected for 2022
Return on Average Assets 2.66  3.01 
Return on Average Equity 10.38  9.44 
Return on Invested Capital 0.0351  0.0396 
Return on Sales 0.20  0.24 
ProAssurance Corporation, through its subsidiaries, provides property and casualty insurance, and reinsurance products in the United States. The company was founded in 1976 and is headquartered in Birmingham, Alabama. Pro-Assurance Corp operates under InsuranceProperty Casualty classification in the United States and is traded on New York Stock Exchange. It employs 1021 people.

Things to note about Pro-Assurance Corp

Checking the ongoing alerts about Pro-Assurance Corp for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Pro-Assurance Corp help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.

Pro-Assurance Corp Alerts

Equity 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 theintercept.com: Eli LillyCharity Finances Groups Opposing Insulin Price Controls - The Intercept
Please check Your Equity Center. 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 Alpha Finder module to use alpha and beta coefficients to find investment opportunities after accounting for the risk.

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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.