Primerica Stock Probability of Future Stock Price Finishing Over 290.49

PRI Stock  USD 286.69  3.86  1.36%   
Primerica's future price is the expected price of Primerica instrument. It is based on its current growth rate as well as the projected cash flow expected by the investors. This tool provides a mechanism to make assumptions about the upside potential and downside risk of Primerica performance during a given time horizon utilizing its historical volatility. Check out Primerica Backtesting, Primerica Valuation, Primerica Correlation, Primerica Hype Analysis, Primerica Volatility, Primerica History as well as Primerica Performance.
For more detail on how to invest in Primerica Stock please use our How to Invest in Primerica guide.
  
As of now, Primerica's Price To Free Cash Flows Ratio is decreasing as compared to previous years. The Primerica's current Price To Book Ratio is estimated to increase to 3.76, while Price To Sales Ratio is projected to decrease to 1.46. Please specify Primerica's target price for which you would like Primerica odds to be computed.

Primerica Target Price Odds to finish over 290.49

The tendency of Primerica Stock price to converge on an average value over time is a known aspect in finance that investors have used since the beginning of the stock market for forecasting. However, many studies suggest that some traded equity instruments are consistently mispriced before traders' demand and supply correct the spread. One possible conclusion to this anomaly is that these stocks have additional risk, for which investors demand compensation in the form of extra returns.
Current PriceHorizonTarget PriceOdds to move over $ 290.49  or more in 90 days
 286.69 90 days 290.49 
about 24.09
Based on a normal probability distribution, the odds of Primerica to move over $ 290.49  or more in 90 days from now is about 24.09 (This Primerica probability density function shows the probability of Primerica Stock to fall within a particular range of prices over 90 days) . Probability of Primerica price to stay between its current price of $ 286.69  and $ 290.49  at the end of the 90-day period is about 8.0 .
Considering the 90-day investment horizon the stock has the beta coefficient of 1.14 indicating Primerica market returns are responsive to returns on the market. As the market goes up or down, Primerica is expected to follow. Additionally Primerica has an alpha of 0.0411, implying that it can generate a 0.0411 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta).
   Primerica Price Density   
       Price  

Predictive Modules for Primerica

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Primerica. Regardless of method or technology, however, to accurately forecast the stock market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the stock market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.
Hype
Prediction
LowEstimatedHigh
285.44286.72288.00
Details
Intrinsic
Valuation
LowRealHigh
279.40280.68315.36
Details
Naive
Forecast
LowNextHigh
270.70271.98273.25
Details
8 Analysts
Consensus
LowTargetHigh
200.38220.20244.42
Details

Primerica Risk Indicators

For the most part, the last 10-20 years have been a very volatile time for the stock market. Primerica is not an exception. The market had few large corrections towards the Primerica's value, including both sudden drops in prices as well as massive rallies. These swings have made and broken many portfolios. An investor can limit the violent swings in their portfolio by implementing a hedging strategy designed to limit downside losses. If you hold Primerica, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Primerica within the framework of very fundamental risk indicators.
α
Alpha over Dow Jones
0.04
β
Beta against Dow Jones1.14
σ
Overall volatility
15.95
Ir
Information ratio 0.04

Primerica Alerts and Suggestions

In today's market, stock alerts give investors the competitive edge they need to time the market and increase returns. Checking the ongoing alerts of Primerica for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Primerica can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.
Over 94.0% of the company shares are owned by institutional investors
Latest headline from finance.yahoo.com: Investing in Primerica five years ago would have delivered you a 132 percent gain

Primerica Price Density Drivers

Market volatility will typically increase when nervous long traders begin to feel the short-sellers pressure to drive the market lower. The future price of Primerica Stock often depends not only on the future outlook of the current and potential Primerica's 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. Primerica's indicators that are reflective of the short sentiment are summarized in the table below.
Common Stock Shares Outstanding36 M
Cash And Short Term Investments1.6 B

Primerica Technical Analysis

Primerica's future price can be derived by breaking down and analyzing its technical indicators over time. Primerica Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Primerica. In general, you should focus on analyzing Primerica Stock price patterns and their correlations with different microeconomic environments and drivers.

Primerica Predictive Forecast Models

Primerica's time-series forecasting models is one of many Primerica's stock analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models are widely used for non-stationary data. Non-stationary data are called the data whose statistical properties, e.g., the mean and standard deviation, are not constant over time, but instead, these metrics vary over time. This non-stationary Primerica's historical data is usually called time series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the stock market movement and maximize returns from investment trading.

Things to note about Primerica

Checking the ongoing alerts about Primerica for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Primerica help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
Over 94.0% of the company shares are owned by institutional investors
Latest headline from finance.yahoo.com: Investing in Primerica five years ago would have delivered you a 132 percent gain
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 Primerica Backtesting, Primerica Valuation, Primerica Correlation, Primerica Hype Analysis, Primerica Volatility, Primerica History as well as Primerica Performance.
For more detail on how to invest in Primerica Stock please use our How to Invest in Primerica guide.
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Is Life & Health Insurance 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 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
0.143
Dividend Share
3.3
Earnings Share
19.94
Revenue Per Share
90.798
Quarterly Revenue Growth
0.107
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.