Proassurance Stock Price on November 19, 2024

PRA Stock  USD 15.65  0.48  2.98%   
If you're considering investing in ProAssurance Stock, it is important to understand the factors that can impact its price. As of today, the current price of ProAssurance stands at 15.65, as last reported on the 26th of February, with the highest price reaching 15.90 and the lowest price hitting 15.43 during the day. ProAssurance maintains Sharpe Ratio (i.e., Efficiency) of -0.0334, which implies the firm had a -0.0334 % return per unit of risk over the last 3 months. ProAssurance exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check ProAssurance's Variance of 6.78, risk adjusted performance of (0.02), and Coefficient Of Variation of (2,990) to confirm the risk estimate we provide.
  
ProAssurance Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.0334

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Estimated Market Risk

 2.6
  actual daily
23
77% of assets are more volatile

Expected Return

 -0.09
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.03
  actual daily
0
Most of other assets perform better
Based on monthly moving average ProAssurance is not performing at its full potential. However, 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 ProAssurance by adding ProAssurance to a well-diversified portfolio.

ProAssurance Valuation on November 19, 2024

It is possible to determine the worth of ProAssurance on a given historical date. On November 19, 2024 ProAssurance was worth 16.53 at the beginning of the trading date compared to the closed value of 16.24. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of ProAssurance stock. Still, in general, we apply an absolute valuation method to find ProAssurance's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of ProAssurance where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against ProAssurance's related companies.
 Open High Low Close Volume
  16.62    16.94    13.00    16.67    238,255  
11/19/2024
  16.53    16.55    16.17    16.24    135,669  
  16.23    16.28    15.99    16.24    155,440  
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Open Value
16.53
16.24
Closing Value
24.34
Upside

ProAssurance Trading Date Momentum on November 19, 2024

On November 20 2024 ProAssurance was traded for  16.24  at the closing time. Highest ProAssurance's price during the trading hours was 16.28  and the lowest price during the day was  15.99 . The net volume was 155.4 K. The overall trading history on the 20th of November did not cause price change. The trading delta at closing time to current price is 4.43% .

ProAssurance Fundamentals Correlations and Trends

By evaluating ProAssurance's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among ProAssurance's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. ProAssurance financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About ProAssurance Stock history

ProAssurance investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for ProAssurance is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in ProAssurance will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing ProAssurance stock prices may prove useful in developing a viable investing in ProAssurance
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.

ProAssurance Stock Technical Analysis

ProAssurance technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
A focus of ProAssurance technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of ProAssurance trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

ProAssurance Period Price Range

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February 26, 2025
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ProAssurance cannot be verified against its exchange. Please verify the symbol is currently traded on New York Stock Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.

ProAssurance February 26, 2025 Market Strength

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

ProAssurance Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for ProAssurance's price direction in advance. Along with the technical and fundamental analysis of ProAssurance Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of ProAssurance to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.

Complementary Tools for ProAssurance Stock analysis

When running ProAssurance's price analysis, check to measure ProAssurance's 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 ProAssurance is operating at the current time. Most of ProAssurance's value examination focuses on studying past and present price action to predict the probability of ProAssurance's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move ProAssurance's price. Additionally, you may evaluate how the addition of ProAssurance to your portfolios can decrease your overall portfolio volatility.
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