PROS Holdings Correlations
| PRO Stock | USD 33.48 0.59 1.79% |
The correlation of PROS Holdings is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as PROS Holdings moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if PROS Holdings moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Good diversification
The correlation between PROS Holdings and NYA is -0.11 (i.e., Good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding PROS Holdings and NYA in the same portfolio, assuming nothing else is changed.
PROS |
The ability to find closely correlated positions to PROS Holdings could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace PROS Holdings when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back PROS Holdings - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling PROS Holdings to buy it.
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Risk-Adjusted Indicators
There is a big difference between PROS Stock performing well and PROS Holdings Company doing well as a business compared to the competition. There are so many exceptions to the norm that investors cannot definitively determine what's good or bad unless they analyze PROS Holdings' multiple risk-adjusted performance indicators across the competitive landscape. These indicators are quantitative in nature and help investors forecast volatility and risk-adjusted expected returns across various positions.| Mean Deviation | Jensen Alpha | Sortino Ratio | Treynor Ratio | Semi Deviation | Expected Shortfall | Potential Upside | Value @Risk | Maximum Drawdown | ||
|---|---|---|---|---|---|---|---|---|---|---|
| AI | 2.99 | (0.07) | 0.00 | (0.22) | 0.00 | 7.84 | 32.77 | |||
| SHOP | 2.07 | (0.24) | 0.00 | (0.03) | 0.00 | 4.52 | 21.49 | |||
| SNOW | 2.05 | (0.36) | 0.00 | (0.18) | 0.00 | 4.17 | 27.55 | |||
| NOW | 1.47 | (0.18) | 0.00 | (0.07) | 0.00 | 3.01 | 8.90 |
Be your own money manager
Our tools can tell you how much better you can do entering a position in PROS Holdings without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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PROS Holdings Corporate Directors
PROS Holdings corporate directors refer to members of a PROS Holdings board of directors. The board of directors generally takes responsibility for the PROS Holdings' affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of PROS Holdings' board members must vote for the resolution. The PROS Holdings board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.| Ronald Woestemeyer | Co-Founder, Executive VP of Strategic Bus. Planning and Director | Profile | |
| Timothy Williams | Independent Director | Profile | |
| Penelope Herscher | Independent Director | Profile | |
| Mariette Woestemeyer | Independent Director | Profile |
Already Invested in PROS Holdings?
The danger of trading PROS Holdings is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of PROS Holdings is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than PROS Holdings. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile PROS Holdings is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether PROS Holdings offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of PROS Holdings' 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 Pros Holdings Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Pros Holdings Stock: Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in PROS Holdings. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area. To learn how to invest in PROS Stock, please use our How to Invest in PROS Holdings guide.You can also try the Sectors module to list of equity sectors categorizing publicly traded companies based on their primary business activities.
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When running PROS Holdings' price analysis, check to measure PROS Holdings' 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 PROS Holdings is operating at the current time. Most of PROS Holdings' value examination focuses on studying past and present price action to predict the probability of PROS Holdings' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move PROS Holdings' price. Additionally, you may evaluate how the addition of PROS Holdings to your portfolios can decrease your overall portfolio volatility.
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Is PROS Holdings' 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 PROS Holdings. If investors know PROS 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 PROS Holdings listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (1.22) | Revenue Per Share 6.58 | Quarterly Revenue Growth 0.092 | Return On Assets (0.07) |
The market value of PROS Holdings is measured differently than its book value, which is the value of PROS that is recorded on the company's balance sheet. Investors also form their own opinion of PROS Holdings' value that differs from its market value or its book value, called intrinsic value, which is PROS Holdings' 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 PROS Holdings' market value can be influenced by many factors that don't directly affect PROS Holdings' 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 PROS Holdings' value and its price as these two are different measures arrived at by different means. Investors typically determine if PROS Holdings is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, PROS Holdings' 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.