Perdoceo Education Corp Stock Market Value
| PRDO Stock | USD 17.33 0.34 2.00% |
| Symbol | Perdoceo |
Perdoceo Education Corp Price To Book Ratio
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 0.109 | Dividend Share 0.33 | Earnings Share 2.18 | Revenue Per Share 10.682 | Quarterly Revenue Growth (0.16) |
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.
Perdoceo Education 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Perdoceo Education's stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Perdoceo Education.
| 03/20/2024 |
| 04/19/2024 |
If you would invest 0.00 in Perdoceo Education on March 20, 2024 and sell it all today you would earn a total of 0.00 from holding Perdoceo Education Corp or generate 0.0% return on investment in Perdoceo Education over 30 days. Perdoceo Education is related to or competes with Lincoln Educational, Adtalem Global, Grand Canyon, Strategic Education, American Public, Laureate Education, and Afya. Perdoceo Education Corporation provides postsecondary education through online, campus-based, and blended learning progr... More
Perdoceo Education Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Perdoceo Education's stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Perdoceo Education Corp upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.08) | |||
| Maximum Drawdown | 6.33 | |||
| Value At Risk | (2.26) | |||
| Potential Upside | 2.3 |
Perdoceo Education Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Perdoceo Education's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Perdoceo Education's standard deviation. In reality, there are many statistical measures that can use Perdoceo Education historical prices to predict the future Perdoceo Education's volatility.| Risk Adjusted Performance | (0.01) | |||
| Jensen Alpha | (0.08) | |||
| Total Risk Alpha | (0.17) | |||
| Treynor Ratio | (0.08) |
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 Corp Backtested Returns
Perdoceo Education Corp maintains Sharpe Ratio (i.e., Efficiency) of -0.0731, which implies the firm had a -0.0731% return per unit of risk over the last 3 months. Perdoceo Education Corp exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Perdoceo Education's Coefficient Of Variation of (3,757), variance of 1.82, and Risk Adjusted Performance of (0.01) to confirm the risk estimate we provide. The company holds a Beta of 0.57, which implies possible diversification benefits within a given portfolio. As returns on the market increase, Perdoceo Education's returns are expected to increase less than the market. However, during the bear market, the loss of holding Perdoceo Education is expected to be smaller as well. Perdoceo Education Corp has an expected return of -0.094%. Please make sure to check Perdoceo Education Corp treynor ratio, accumulation distribution, as well as the relationship between the Accumulation Distribution and price action indicator , to decide if Perdoceo Education Corp performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.46 |
Average predictability
Perdoceo Education Corp has average predictability. Overlapping area represents the amount of predictability between Perdoceo Education time series from 20th of March 2024 to 4th of April 2024 and 4th of April 2024 to 19th of April 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Perdoceo Education Corp price movement. The serial correlation of 0.46 indicates that about 46.0% of current Perdoceo Education price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.46 | |
| Spearman Rank Test | 0.11 | |
| Residual Average | 0.0 | |
| Price Variance | 0.1 |
Perdoceo Education Corp lagged returns against current returns
Autocorrelation, which is Perdoceo Education stock's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Perdoceo Education's stock expected returns. We can calculate the autocorrelation of Perdoceo Education returns to help us make a trade decision. For example, suppose you find that Perdoceo Education has exhibited high autocorrelation historically, and you observe that the stock is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
Perdoceo Education regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Perdoceo Education stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Perdoceo Education stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Perdoceo Education stock over time.
Current vs Lagged Prices |
| Timeline |
Perdoceo Education Lagged Returns
When evaluating Perdoceo Education's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Perdoceo Education stock have on its future price. Perdoceo Education autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Perdoceo Education autocorrelation shows the relationship between Perdoceo Education stock current value and its past values and can show if there is a momentum factor associated with investing in Perdoceo Education Corp.
Regressed Prices |
| Timeline |
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Perdoceo Education in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Perdoceo Education's short interest history, or implied volatility extrapolated from Perdoceo Education options trading.
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Check out Perdoceo Education Correlation, Perdoceo Education Volatility and Perdoceo Education Alpha and Beta module to complement your research on Perdoceo Education. 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 Portfolio Suggestion module to get suggestions outside of your existing asset allocation including your own model portfolios.
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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Perdoceo Education 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.