Perdoceo Education Corp Stock Probability of Future Stock Price Finishing Over 24.12
| PRDO Stock | USD 22.85 0.77 3.26% |
Closest to current price Perdoceo long CALL Option Payoff at Expiration
Perdoceo |
Perdoceo Education Target Price Odds to finish over 24.12
The tendency of Perdoceo 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 Price | Horizon | Target Price | Odds to move over $ 24.12 or more in 90 days |
| 22.85 | 90 days | 24.12 | under 4 |
Based on a normal probability distribution, the odds of Perdoceo Education to move over $ 24.12 or more in 90 days from now is under 4 (This Perdoceo Education Corp probability density function shows the probability of Perdoceo Stock to fall within a particular range of prices over 90 days) . Probability of Perdoceo Education Corp price to stay between its current price of $ 22.85 and $ 24.12 at the end of the 90-day period is about 5.39 .
Given the investment horizon of 90 days the stock has the beta coefficient of 1.01 indicating Perdoceo Education Corp market returns are highly reactive to returns on the market. As the market goes up or down, Perdoceo Education is expected to follow. Additionally Perdoceo Education Corp has an alpha of 0.5211, implying that it can generate a 0.52 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta). Perdoceo Education Price Density |
| Price |
Predictive Modules for Perdoceo Education
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Perdoceo Education Corp. 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.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Perdoceo Education's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Perdoceo Education Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Perdoceo Education is not an exception. The market had few large corrections towards the Perdoceo Education'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 Perdoceo Education Corp, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Perdoceo Education within the framework of very fundamental risk indicators.α | Alpha over NYSE Composite | 0.52 | |
β | Beta against NYSE Composite | 1.01 | |
σ | Overall volatility | 2.72 | |
Ir | Information ratio | 0.13 |
Perdoceo Education 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 Perdoceo Education for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Perdoceo Education Corp can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Perdoceo Education appears to be risky and price may revert if volatility continues | |
| Perdoceo Education is unlikely to experience financial distress in the next 2 years | |
| Perdoceo Education has a strong financial position based on the latest SEC filings | |
| Over 99.0% of the company shares are owned by institutional investors | |
| Latest headline from zacks.com: Perdoceo Education is on the Move, Heres Why the Trend Could be Sustainable |
Perdoceo Education 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 Perdoceo Stock often depends not only on the future outlook of the current and potential Perdoceo Education'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. Perdoceo Education's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 67.8 M | |
| Cash And Short Term Investments | 603.1 M |
Perdoceo Education Technical Analysis
Perdoceo Education's future price can be derived by breaking down and analyzing its technical indicators over time. Perdoceo Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Perdoceo Education Corp. In general, you should focus on analyzing Perdoceo Stock price patterns and their correlations with different microeconomic environments and drivers.
Perdoceo Education Predictive Forecast Models
Perdoceo Education's time-series forecasting models is one of many Perdoceo Education'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 Perdoceo Education'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 Perdoceo Education Corp
Checking the ongoing alerts about Perdoceo Education for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Perdoceo Education Corp help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Perdoceo Education appears to be risky and price may revert if volatility continues | |
| Perdoceo Education is unlikely to experience financial distress in the next 2 years | |
| Perdoceo Education has a strong financial position based on the latest SEC filings | |
| Over 99.0% of the company shares are owned by institutional investors | |
| Latest headline from zacks.com: Perdoceo Education is on the Move, Heres Why the Trend Could be Sustainable |
Check out Perdoceo Education Backtesting, Perdoceo Education Valuation, Perdoceo Education Correlation, Perdoceo Education Hype Analysis, Perdoceo Education Volatility, Perdoceo Education History as well as Perdoceo Education Performance. Note that the Perdoceo Education Corp information on this page should be used as a complementary analysis to other Perdoceo Education'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 the FinTech Suite module to use AI to screen and filter profitable investment opportunities.
Complementary Tools for Perdoceo Stock analysis
When running Perdoceo Education's price analysis, check to measure Perdoceo Education'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 Perdoceo Education is operating at the current time. Most of Perdoceo Education's value examination focuses on studying past and present price action to predict the probability of Perdoceo Education's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Perdoceo Education's price. Additionally, you may evaluate how the addition of Perdoceo Education to your portfolios can decrease your overall portfolio volatility.
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Is Perdoceo Education'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 Perdoceo Education. If investors know Perdoceo 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 Perdoceo Education 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 0.18 | Dividend Share 0.44 | Earnings Share 2.27 | Revenue Per Share 10.336 | Quarterly Revenue Growth (0.14) |
The market value of Perdoceo Education Corp is measured differently than its book value, which is the value of Perdoceo that is recorded on the company's balance sheet. Investors also form their own opinion of Perdoceo Education's value that differs from its market value or its book value, called intrinsic value, which is Perdoceo Education'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 Perdoceo Education's market value can be influenced by many factors that don't directly affect Perdoceo Education'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 Perdoceo Education's value and its price as these two are different measures arrived at by different means. Investors typically determine if Perdoceo Education is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Perdoceo Education'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.