Prospect Capital Stock Beta

PSEC Stock  USD 5.52  0.03  0.55%   
Prospect Capital fundamentals help investors to digest information that contributes to Prospect Capital's financial success or failures. It also enables traders to predict the movement of Prospect Stock. The fundamental analysis module provides a way to measure Prospect Capital's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Prospect Capital stock.
  
This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.

Prospect Beta Analysis

Prospect Capital's Beta is one of the most important measures of equity market volatility. Beta can be thought of as asset elasticity or sensitivity to market. In other words, it is a number that shows the relationship of an equity instrument to the financial market in which this instrument is traded. For example, if Beta of equity is 2, it is expected to significantly outperform market when the market is going up and significantly underperform when the market is going down. Similarly, Beta of 1 indicates that an asset and market will generate similar returns over time.
 2021 2022 2023 2024 (projected)
Net Interest Income467.3M612.6M704.5M540.5M
Interest Income584.7M760.8M874.9M566.4M

Beta

 = 

Covariance

Variance

More About Beta | All Equity Analysis

Current Prospect Capital Beta

    
  0.99  
Most of Prospect Capital's fundamental indicators, such as Beta, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Prospect Capital is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

Prospect Beta Driver Correlations

Understanding the fundamental principles of building solid financial models for Prospect Capital is extremely important. It helps to project a fair market value of Prospect Stock properly, considering its historical fundamentals such as Beta. Since Prospect Capital's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Prospect Capital's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Prospect Capital's interrelated accounts and indicators.
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In a nutshell, Beta is a measure of individual stock risk relative to the overall volatility of the stock market. and is calculated based on very sound finance theory - Capital Assets Pricing Model (CAPM).However, since Beta is calculated based on historical price movements it may not predict how a firm's stock is going to perform in the future.
Competition

In accordance with the recently published financial statements, Prospect Capital has a Beta of 0.989. This is 20.61% higher than that of the Capital Markets sector and 18.93% lower than that of the Financials industry. The beta for all United States stocks is notably lower than that of the firm.

Prospect Beta Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Prospect Capital's direct or indirect competition against its Beta to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Prospect Capital could also be used in its relative valuation, which is a method of valuing Prospect Capital by comparing valuation metrics of similar companies.
Prospect Capital is currently under evaluation in beta category among related companies.

Prospect Capital Institutional Holders

Institutional Holdings refers to the ownership stake in Prospect Capital that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Prospect Capital's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Prospect Capital's value.
Shares
Advisor Group Holdings, Inc.2023-12-31
774.6 K
Marshall Wace Asset Management Ltd2023-12-31
708.5 K
Jpmorgan Chase & Co2023-12-31
650.9 K
Two Sigma Investments Llc2023-12-31
605 K
Raymond James & Associates2023-12-31
585.9 K
First Republic Inv Mgmt Inc2023-09-30
567.8 K
Millennium Management Llc2023-12-31
456.4 K
Advisors Asset Management2023-12-31
450.4 K
Mckinley Capital Management Llc2023-12-31
421.5 K
Van Eck Associates Corporation2023-12-31
6.2 M
Legal & General Group Plc2023-12-31
3.2 M
Prospect Capital returns are very sensitive to returns on the market. As the market goes up or down, Prospect Capital is expected to follow.

Prospect Fundamentals

About Prospect Capital Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Prospect Capital's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Prospect Capital using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Prospect Capital based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Prospect Capital Corporation is a business development company. The fund focuses on sole, agented, club, or syndicated deals. Prospect Capital operates under Asset Management classification in the United States and is traded on NASDAQ Exchange.

Prospect Capital Investors Sentiment

The influence of Prospect Capital's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Prospect. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to Prospect Capital's public news can be used to forecast risks associated with an investment in Prospect. The trend in average sentiment can be used to explain how an investor holding Prospect can time the market purely based on public headlines and social activities around Prospect Capital. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Prospect Capital's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Prospect Capital's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Prospect Capital's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Prospect Capital.
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 Prospect Capital 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, Prospect Capital's short interest history, or implied volatility extrapolated from Prospect Capital options trading.

Becoming a Better Investor with Macroaxis

Macroaxis puts the power of mathematics on your side. We analyze your portfolios and positions such as Prospect Capital using complex mathematical models and algorithms, but make them easy to understand. There is no real person involved in your portfolio analysis. We perform a number of calculations to compute absolute and relative portfolio volatility, correlation between your assets, value at risk, expected return as well as over 100 different fundamental and technical indicators.

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When determining whether Prospect Capital offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Prospect Capital's 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 Prospect Capital Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Prospect Capital Stock:
Check out Prospect Capital Piotroski F Score and Prospect Capital Altman Z Score analysis.
For information on how to trade Prospect Stock refer to our How to Trade Prospect Stock guide.
Note that the Prospect Capital information on this page should be used as a complementary analysis to other Prospect Capital'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 Commodity Directory module to find actively traded commodities issued by global exchanges.

Complementary Tools for Prospect Stock analysis

When running Prospect Capital's price analysis, check to measure Prospect Capital'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 Prospect Capital is operating at the current time. Most of Prospect Capital's value examination focuses on studying past and present price action to predict the probability of Prospect Capital's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Prospect Capital's price. Additionally, you may evaluate how the addition of Prospect Capital to your portfolios can decrease your overall portfolio volatility.
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Is Prospect Capital'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 Prospect Capital. If investors know Prospect 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 Prospect Capital 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
(0.78)
Dividend Share
0.72
Earnings Share
(0.20)
Revenue Per Share
2.183
Quarterly Revenue Growth
(0.01)
The market value of Prospect Capital is measured differently than its book value, which is the value of Prospect that is recorded on the company's balance sheet. Investors also form their own opinion of Prospect Capital's value that differs from its market value or its book value, called intrinsic value, which is Prospect Capital'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 Prospect Capital's market value can be influenced by many factors that don't directly affect Prospect Capital'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 Prospect Capital's value and its price as these two are different measures arrived at by different means. Investors typically determine if Prospect Capital is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Prospect Capital'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.