Procore Technologies Stock Alpha and Beta Analysis
| PCOR Stock | USD 78.55 0.36 0.46% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Procore Technologies. It also helps investors analyze the systematic and unsystematic risks associated with investing in Procore Technologies over a specified time horizon. Remember, high Procore Technologies' alpha is almost always a sign of good performance; however, a high beta will depend on investors' risk tolerance level and may signal increased volatility and potential future overvaluation. Key technical indicators related to Procore Technologies' market risk premium analysis include:
Beta 0.74 | Alpha 0.23 | Risk 2.81 | Sharpe Ratio 0.0008 | Expected Return 0.0023 |
Enterprise Value |
|
Alpha is a measure of relative performance on a risk-adjusted basis, while beta measures volatility against the benchmark. The goal is to know if an investor is being compensated for the volatility risk taken. The return on investment might be better than its reference but still not compensate for the assumption of the risk.
Procore |
Procore Technologies Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Procore Technologies market risk premium is the additional return an investor will receive from holding Procore Technologies long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Procore Technologies. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Alpha and beta are two of the key measurements used to evaluate Procore Technologies' performance over market.| α | 0.23 | β | 0.74 |
Procore Technologies expected buy-and-hold returns
Although buy-and-hold investment strategy may not appeal to all investors, it may be used as a good measure of Procore Technologies' Buy-and-hold return. Our buy-and-hold chart shows how Procore Technologies performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.Procore Technologies Market Price Analysis
Market price analysis indicators help investors to evaluate how Procore Technologies stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Procore Technologies shares will generate the highest return on investment. By understating and applying Procore Technologies stock market price indicators, traders can identify Procore Technologies position entry and exit signals to maximize returns.
Procore Technologies Return and Market Media
The median price of Procore Technologies for the period between Thu, Nov 28, 2024 and Wed, Feb 26, 2025 is 78.02 with a coefficient of variation of 4.81. The daily time series for the period is distributed with a sample standard deviation of 3.77, arithmetic mean of 78.42, and mean deviation of 2.9. The Stock received substential amount of media coverage during this period. Price Growth (%) |
| Timeline |
1 | Disposition of 83022 shares by Iconiq Strategic Partners Ii, L.p. of Procore Technologies at 73.509 subject to Rule 16b-3 | 11/27/2024 |
2 | Disposition of 14242 shares by O Connor Kevin J of Procore Technologies at 82.27 subject to Rule 16b-3 | 12/10/2024 |
3 | Disposition of 83022 shares by William Griffith of Procore Technologies at 73.509 subject to Rule 16b-3 | 12/24/2024 |
4 | Disposition of 3846 shares by O Connor Kevin J of Procore Technologies at 53.65 subject to Rule 16b-3 | 12/27/2024 |
5 | Disposition of 5128 shares by O Connor Kevin J of Procore Technologies at 73.62 subject to Rule 16b-3 | 01/13/2025 |
6 | Disposition of 1155 shares by O Connor Kevin J of Procore Technologies at 75.79 subject to Rule 16b-3 | 01/14/2025 |
7 | Disposition of 1500 shares by Benjamin Singer of Procore Technologies at 78.0 subject to Rule 16b-3 | 01/21/2025 |
8 | Disposition of 6410 shares by O Connor Kevin J of Procore Technologies at 77.33 subject to Rule 16b-3 | 02/05/2025 |
9 | Disposition of 6410 shares by O Connor Kevin J of Procore Technologies at 76.9 subject to Rule 16b-3 | 02/06/2025 |
10 | Procore Technologies Q4 Earnings Lag Estimates | 02/13/2025 |
11 | Procore Stock Rises on Strong Q4 Revenue and Guidance | 02/14/2025 |
12 | Acquisition by Craig Courtemanche of 8840 shares of Procore Technologies subject to Rule 16b-3 | 02/18/2025 |
13 | Disposition of 447346 shares by William Griffith of Procore Technologies subject to Rule 16b-3 | 02/19/2025 |
14 | Disposition of 57119 shares by Craig Courtemanche of Procore Technologies at 86.48 subject to Rule 16b-3 | 02/20/2025 |
15 | Procore Technologies Inc Stock Price Down 0.96 percent on Feb 21 | 02/21/2025 |
About Procore Technologies Beta and Alpha
For many years both, Alpha and Beta indicators are used by professional money managers as critical performance measurement tools across virtually all financial instruments including Procore or other stocks. Alpha measures the amount that position in Procore Technologies has returned in comparison to a selected market index or another relevant benchmark. In other words, Alpha is the excess return on an investment relative to the performance of your selected benchmark. Beta, on the other hand, measures the relative risk of your investment.
| 2022 | 2023 | 2024 (projected) | Current Ratio | 1.5 | 1.49 | 1.34 | Intangibles To Total Assets | 0.44 | 0.4 | 0.36 |
Procore Technologies Upcoming Company Events
As portrayed in its financial statements, the presentation of Procore Technologies' financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Procore Technologies' leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of Procore Technologies' public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of Procore Technologies. Please utilize our Beneish M Score to check the likelihood of Procore Technologies' management manipulating its earnings.
| 15th of February 2024 Upcoming Quarterly Report | View | |
| 1st of May 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 15th of February 2024 Next Fiscal Year End | View | |
| 30th of September 2023 Last Quarter Report | View | |
| 31st of December 2022 Last Financial Announcement | View |
Build Portfolio with Procore Technologies
Your optimized portfolios are the building block of your wealth. We provide an intuitive interface to determine which securities in a portfolio should be removed or rebalanced to achieve better diversification, find the right mix of securities that minimizes portfolio risk for a given return, or maximize portfolio expected return for a given risk level.Build Diversified Portfolios
Align your risk with return expectations
Additional Tools for Procore Stock Analysis
When running Procore Technologies' price analysis, check to measure Procore Technologies' 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 Procore Technologies is operating at the current time. Most of Procore Technologies' value examination focuses on studying past and present price action to predict the probability of Procore Technologies' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Procore Technologies' price. Additionally, you may evaluate how the addition of Procore Technologies to your portfolios can decrease your overall portfolio volatility.