PRA (PRAA)
Market Price (12/28/2025): $17.635 | Market Cap: $689.1 MilSector: Financials | Industry: Consumer Finance
PRA (PRAA)
Market Price (12/28/2025): $17.635Market Cap: $689.1 MilSector: FinancialsIndustry: Consumer Finance
Investment Highlights Why It Matters Detailed financial logic regarding cash flow yields vs trend-riding momentum.
| Megatrend and thematic driversMegatrends include AI in Financial Services. Themes include AI for Debt Portfolio Optimization. | Weak multi-year price returns2Y Excs Rtn is -76%, 3Y Excs Rtn is -127% | Debt is significantNet D/ENet Debt/Equity. Debt net of cash. Negative indicates net cash. Equity is taken as the Market Capitalization is 504% |
| Not cash flow generativeCFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is -2.8%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is -3.2% | ||
| Yield minus risk free rate is negativeERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is -54% | ||
| Key risksPRAA key risks include [1] the challenge of profitably acquiring and collecting on nonperforming loan portfolios, Show more. |
| Megatrend and thematic driversMegatrends include AI in Financial Services. Themes include AI for Debt Portfolio Optimization. |
| Weak multi-year price returns2Y Excs Rtn is -76%, 3Y Excs Rtn is -127% |
| Debt is significantNet D/ENet Debt/Equity. Debt net of cash. Negative indicates net cash. Equity is taken as the Market Capitalization is 504% |
| Not cash flow generativeCFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is -2.8%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is -3.2% |
| Yield minus risk free rate is negativeERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is -54% |
| Key risksPRAA key risks include [1] the challenge of profitably acquiring and collecting on nonperforming loan portfolios, Show more. |
Why The Stock Moved
Qualitative Assessment
AI Analysis | Feedback
Here are the key points for the movement of PRA Group (PRAA) stock between August 31, 2025, and December 28, 2025, which saw a 3.1% increase:
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<b>1. PRA Group reported stronger-than-expected adjusted earnings for the third quarter of 2025.</b>
The company announced on November 3, 2025, an adjusted diluted earnings per share (EPS) of $0.53, surpassing analyst consensus estimates. This performance, despite a significant non-cash goodwill impairment charge that resulted in a net loss, led to a 7% rise in aftermarket trading following the announcement.
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<b>2. Positive revisions in analyst ratings contributed to an improved sentiment.</b>
Notably, Zacks Research upgraded PRA Group from a "hold" to a "strong-buy" rating on November 6, 2025. While some analysts adjusted price targets, the overall consensus rating for PRAA remained a "Moderate Buy" from several brokerages.
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<b>3. The company's consistent growth in cash collections and estimated remaining collections (ERC) demonstrated operational strength.</b>
PRA Group reported robust cash collections of $536.3 million for Q2 2025 (announced August 4, 2025), a 13.2% increase, and record ERC of $8.3 billion. This positive trend continued into Q3 2025, with total cash collections reaching $542.2 million, up 13.7%.
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<b>4. PRA Group completed a significant debt offering to support its financial activities.</b>
In September 2025, PRA Group announced the pricing of €300 million of 6.250% Senior Notes due 2032. Such financing activities can influence investor confidence regarding the company's capital structure and future investment capacity.
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<b>5. A key technical indicator signaled bullish momentum for the stock.</b>
By December 20, 2025, PRA Group's stock price moved above its 200-day moving average, trading as high as $17.10. This technical breakout is often interpreted by investors as a positive sign, suggesting a potential upward trend.
Show moreStock Movement Drivers
Fundamental Drivers
The 9.9% change in PRAA stock from 9/27/2025 to 12/27/2025 was primarily driven by a 6.3% change in the company's P/S Multiple.| 9272025 | 12272025 | Change | |
|---|---|---|---|
| Stock Price ($) | 16.04 | 17.62 | 9.85% |
| Change Contribution By | LTM | LTM | |
| Total Revenues ($ Mil) | 1142.31 | 1172.87 | 2.68% |
| P/S Multiple | 0.55 | 0.59 | 6.32% |
| Shares Outstanding (Mil) | 39.32 | 39.08 | 0.62% |
| Cumulative Contribution | 9.85% |
Market Drivers
9/27/2025 to 12/27/2025| Return | Correlation | |
|---|---|---|
| PRAA | 9.9% | |
| Market (SPY) | 4.3% | 39.1% |
| Sector (XLF) | 3.3% | 39.8% |
Fundamental Drivers
The 16.8% change in PRAA stock from 6/28/2025 to 12/27/2025 was primarily driven by a 12.0% change in the company's P/S Multiple.| 6282025 | 12272025 | Change | |
|---|---|---|---|
| Stock Price ($) | 15.09 | 17.62 | 16.77% |
| Change Contribution By | LTM | LTM | |
| Total Revenues ($ Mil) | 1138.20 | 1172.87 | 3.05% |
| P/S Multiple | 0.52 | 0.59 | 11.97% |
| Shares Outstanding (Mil) | 39.55 | 39.08 | 1.19% |
| Cumulative Contribution | 16.75% |
Market Drivers
6/28/2025 to 12/27/2025| Return | Correlation | |
|---|---|---|
| PRAA | 16.8% | |
| Market (SPY) | 12.6% | 43.0% |
| Sector (XLF) | 7.4% | 43.2% |
Fundamental Drivers
The -13.9% change in PRAA stock from 12/27/2024 to 12/27/2025 was primarily driven by a -23.5% change in the company's P/S Multiple.| 12272024 | 12272025 | Change | |
|---|---|---|---|
| Stock Price ($) | 20.46 | 17.62 | -13.88% |
| Change Contribution By | LTM | LTM | |
| Total Revenues ($ Mil) | 1051.14 | 1172.87 | 11.58% |
| P/S Multiple | 0.77 | 0.59 | -23.49% |
| Shares Outstanding (Mil) | 39.42 | 39.08 | 0.87% |
| Cumulative Contribution | -13.89% |
Market Drivers
12/27/2024 to 12/27/2025| Return | Correlation | |
|---|---|---|
| PRAA | -13.9% | |
| Market (SPY) | 17.0% | 53.8% |
| Sector (XLF) | 15.3% | 51.9% |
Fundamental Drivers
The -47.5% change in PRAA stock from 12/28/2022 to 12/27/2025 was primarily driven by a -55.1% change in the company's P/S Multiple.| 12282022 | 12272025 | Change | |
|---|---|---|---|
| Stock Price ($) | 33.58 | 17.62 | -47.53% |
| Change Contribution By | LTM | LTM | |
| Total Revenues ($ Mil) | 1001.67 | 1172.87 | 17.09% |
| P/S Multiple | 1.31 | 0.59 | -55.12% |
| Shares Outstanding (Mil) | 39.02 | 39.08 | -0.15% |
| Cumulative Contribution | -47.53% |
Market Drivers
12/28/2023 to 12/27/2025| Return | Correlation | |
|---|---|---|
| PRAA | -34.1% | |
| Market (SPY) | 48.0% | 41.9% |
| Sector (XLF) | 51.3% | 43.5% |
Price Returns Compared
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Total [1] | |
|---|---|---|---|---|---|---|---|
| Returns | |||||||
| PRAA Return | 9% | 27% | -33% | -22% | -20% | -16% | -52% |
| Peers Return | 16% | 38% | -12% | 21% | 26% | 16% | 150% |
| S&P 500 Return | 16% | 27% | -19% | 24% | 23% | 18% | 114% |
Monthly Win Rates [3] | |||||||
| PRAA Win Rate | 58% | 75% | 33% | 50% | 33% | 50% | |
| Peers Win Rate | 52% | 65% | 42% | 68% | 57% | 52% | |
| S&P 500 Win Rate | 58% | 75% | 42% | 67% | 75% | 73% | |
Max Drawdowns [4] | |||||||
| PRAA Max Drawdown | -45% | -17% | -40% | -64% | -28% | -38% | |
| Peers Max Drawdown | -34% | -5% | -26% | -7% | -9% | -23% | |
| S&P 500 Max Drawdown | -31% | -1% | -25% | -1% | -2% | -15% | |
[1] Cumulative total returns since the beginning of 2020
[2] Peers: HPQ, HPE, IBM, CSCO, AAPL.
[3] Win Rate = % of calendar months in which monthly returns were positive
[4] Max drawdown represents maximum peak-to-trough decline within a year
[5] 2025 data is for the year up to 12/26/2025 (YTD)
How Low Can It Go
| Event | PRAA | S&P 500 |
|---|---|---|
| 2022 Inflation Shock | ||
| % Loss | -75.6% | -25.4% |
| % Gain to Breakeven | 309.9% | 34.1% |
| Time to Breakeven | Not Fully Recovered days | 464 days |
| 2020 Covid Pandemic | ||
| % Loss | -48.7% | -33.9% |
| % Gain to Breakeven | 95.0% | 51.3% |
| Time to Breakeven | 63 days | 148 days |
| 2018 Correction | ||
| % Loss | -47.6% | -19.8% |
| % Gain to Breakeven | 90.8% | 24.7% |
| Time to Breakeven | 591 days | 120 days |
| 2008 Global Financial Crisis | ||
| % Loss | -69.6% | -56.8% |
| % Gain to Breakeven | 228.8% | 131.3% |
| Time to Breakeven | 415 days | 1,480 days |
Compare to HPQ, HPE, IBM, CSCO, AAPL
In The Past
PRA's stock fell -75.6% during the 2022 Inflation Shock from a high on 1/13/2022. A -75.6% loss requires a 309.9% gain to breakeven.
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AI Analysis | Feedback
Here are a few analogies to describe PRAA (The Michaels Companies, Inc.):
- A Target for arts and crafts supplies.
- The Home Depot for hobbyists and crafters.
AI Analysis | Feedback
- Debt Portfolio Acquisition: PRA Group acquires portfolios of nonperforming loans and other financial assets from banks, credit unions, and other creditors.
- Debt Collection and Recovery Services: The company manages and collects on these acquired debt portfolios, working with consumers to resolve their financial obligations through various payment solutions.
AI Analysis | Feedback
PRA Group, Inc. (symbol: PRAA) operates as a global leader in acquiring and collecting nonperforming loan (NPL) portfolios. Its business model involves purchasing these debts from original credit grantors (such as banks, credit card companies, and other financial institutions). PRA Group then generates revenue by collecting payments on these acquired debts.
Given the nature of its operations, PRA Group's "customers" are primarily the individuals or entities whose debts it has acquired and from whom it collects payments. While the company does acquire some business debts, its primary focus is on consumer NPLs, meaning it predominantly serves individuals in the sense of being the payers to the company.
Therefore, the categories of customers PRA Group serves are best described by the types of individuals from whom they collect payments:
- Individuals with Unsecured Consumer Debt: This represents the largest segment of PRA Group's portfolio. It includes consumers with outstanding credit card balances, personal loans, and other forms of unsecured credit originally issued by banks, financial institutions, and retail lenders.
- Individuals with Auto Loan Deficiencies: These are consumers who still owe a balance on an auto loan after their vehicle has been repossessed and sold, where the proceeds from the sale did not cover the full outstanding loan amount.
- Individuals with Other Types of Consumer Debt: This category encompasses a variety of other consumer obligations that PRA Group acquires, such as outstanding telecommunications bills, utility debts, and certain private (non-federal) student loan balances.
AI Analysis | Feedback
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Martin Sjolund, President and Chief Executive Officer
Martin Sjolund became President and CEO of PRA Group on June 17, 2025. He has over 14 years of experience in the financial services industry and more than a decade at PRA Group. Prior to his current role, Sjolund served as President of PRA Group Europe since 2018, leading operations across 15 markets in Europe, Canada, and Australia. During his tenure, he oversaw nearly $3 billion in portfolio investments and significantly improved the profitability of the European business, leading the company's expansion into two new markets, modernizing IT infrastructure, and enhancing data and analytics. Before that, he was Chief Operating Officer of Europe from 2015 to 2018. Sjolund also served as Director of Group Strategy and Corporate Development for Aktiv Kapital from 2011 until its acquisition by PRA Group in 2014. His earlier career included leadership positions at Cisco Systems, McKinsey & Company, and Ericsson.
Rakesh Sehgal, Executive Vice President and Chief Financial Officer
Rakesh Sehgal was appointed Executive Vice President and Chief Financial Officer of PRA Group on September 15, 2023. He joined PRA Group in 2022 as Head of Corporate Development. Sehgal brings over 25 years of experience in the financial services industry. Before joining PRA Group, he served as Managing Director in the Mergers and Acquisitions Group at General Electric and GE Capital, where he was involved in closing over $50 billion of transactions. Prior to his nine years at GE, Sehgal worked in the Investment Banking Group at Barclays Capital and Lehman Brothers, where he advised specialty finance and other companies on mergers and acquisitions and leveraged finance transactions.
Steve Fredrickson, Executive Chair of the Board
Steve Fredrickson co-founded PRA Group, initially known as Portfolio Recovery Associates, LLC, in March 1996 with Kevin Stevenson. He currently serves as the Executive Chair of the Board. Before co-founding PRA Group, Fredrickson worked in collections at Household Finance. The company began with four employees and went public in November 2002.
Jan Husby, Chief Information Officer
Jan Husby serves as the Chief Information Officer of PRA Group and has been with the company for over a decade. Before his tenure at PRA Group, Husby was the CIO for Aktiv Kapital for more than seven years. In that role, he was part of the senior leadership team and credit committee, leading various projects and streamlining systems and capabilities across Aktiv Kapital's European and Canadian operations. Prior to joining Aktiv Kapital, Husby co-founded and served as Chief Technology Officer for two startup technology companies.
Steven C. Roberts, Chief Strategy and Business Development Officer
Steven C. Roberts is the Chief Strategy and Business Development Officer at PRA Group. He has more than 25 years of experience in marketing, operations, global manufacturing, and commercial banking. Roberts previously held positions as Chief Operating Officer and Chief Financial Officer at subsidiaries of publicly-held McCann Erikson and Modem Media. He also had P&L responsibilities at United Technologies' Otis Elevator and Carrier Air Conditioning units in Asia and the U.S. In 2006, he launched and served as CEO for six years of ShopText, a privately-held company specializing in mobile shopper marketing and loyalty.
AI Analysis | Feedback
The key risks to PRA Group's (PRAA) business are primarily centered around its ability to acquire and effectively collect nonperforming loans, navigate complex regulatory and legal landscapes, and manage its extensive international operations.- Ability to Acquire and Collect Nonperforming Loans Profitably: PRA Group's principal business involves purchasing and collecting nonperforming loans. A significant risk to the business is the potential inability to acquire these loan portfolios at prices that generate an appropriate return on investment, or to collect sufficient amounts to fund operations. Factors influencing this risk include consumer debt levels, the supply of nonperforming loan portfolios from credit originators, and competitive pressures among purchasers of such loans. If the company cannot effectively manage these aspects, its profitability could be substantially reduced.
- Regulatory and Legal Compliance Risks: The company operates under strict regulatory frameworks in both the U.S. and Europe, making it highly susceptible to regulatory and legal challenges. Risks include investigations, reviews, or enforcement actions by governmental authorities, such as the Consumer Financial Protection Bureau (CFPB), and the inability to comply with data privacy regulations like the General Data Protection Regulation (GDPR). Adverse outcomes in litigation or administrative proceedings, and increasing legal costs, could also negatively impact the business, financial condition, and results of operations.
- Risks Associated with International Operations: A significant portion of PRA Group's operations is conducted outside the United States, particularly in Europe. This exposure subjects the company to various international risks, including adverse economic, industry, and political conditions in different countries. Such conditions can negatively impact the company's ability to manage existing operations, affecting its business, results of operations, and overall financial condition.
AI Analysis | Feedback
The increasing adoption of advanced analytics and artificial intelligence by primary lenders (banks, credit card companies) to improve credit risk assessment, enhance early intervention strategies for struggling borrowers, and optimize internal collection processes. This trend directly threatens PRA Group by potentially reducing the volume and attractiveness of non-performing loan portfolios available for acquisition, as more debt is either prevented from becoming non-performing or is collected by the original creditor before being sold.
AI Analysis | Feedback
PRA Group (PRAA) operates primarily in the acquisition and collection of non-performing loans (NPLs) and related debt recovery services globally, with a strong presence in North America and Europe.
Addressable Markets:
- Global Non-Performing Loan (NPL) Management Market: The global NPL management market was estimated at approximately USD 109.45 billion in 2024. This market encompasses services and solutions for managing and resolving loans in default, including loan restructuring, asset recovery, debt collection, and the sale of NPL portfolios.
- North America NPL Management Market: This region held a significant share, with a market size of approximately USD 43.78 billion in 2024.
- Asia Pacific NPL Management Market: This region accounted for a market size of approximately USD 25.17 billion in 2024.
- Global Debt Collection Services Market: The global debt collection services market is projected to be approximately USD 30.52 billion in 2025, with other estimates placing it at USD 30.61 billion in 2024 and expected to reach USD 41.43 billion by 2033 at a compound annual growth rate (CAGR) of 2.7%. Another report estimates the global debt collection agencies market size to grow from USD 29.35 billion in 2024 to USD 30.19 billion in 2025 at a CAGR of 2.9%, reaching USD 34.31 billion in 2029 at a CAGR of 3.3%.
- North America Debt Collection Services Market: North America held a major market share, estimated at over 40% of global revenue, with a market size of approximately USD 12.21 billion in 2025.
- U.S. Debt Collection Services Market: The U.S. market size for debt collection services was approximately USD 9.63 billion in 2025. U.S. collection agency revenues are forecast to reach USD 16.7 billion by 2025.
- Europe Debt Collection Market: The debt collection market size in Europe is valued at approximately €19.6 billion (about USD 21.04 billion) in 2024. The European debt recovery services market was valued at approximately USD 7.90 billion in 2024 and is anticipated to reach USD 9.76 billion by 2032. Europe accounted for over 30% of the global revenue for debt collection services, with a market size of approximately USD 9.16 billion in 2025.
- Claims Compensation Bureau (Purchasing and filing of securities and antitrust class action claims): null
AI Analysis | Feedback
The PRA Group (NASDAQ: PRAA) is expected to drive future revenue growth over the next 2-3 years through several key strategies: * Strategic Portfolio Purchases at Attractive Returns: PRA Group is a global leader in acquiring and collecting nonperforming loans. The company has consistently emphasized disciplined portfolio purchases focused on maximizing value creation. For instance, in Q4 2024, PRA Group reported record portfolio purchases of $1.4 billion, and they updated their 2025 target for portfolio purchases to $1.2 billion, reflecting a continued strategic commitment to investing in portfolios with higher returns globally. This strategy aims to secure a steady supply of nonperforming loans at favorable prices, which directly translates into future cash collections and portfolio income. The company aims for a cash efficiency target of over 60% for the full year 2025. * Growth in Cash Collections, particularly in the U.S. Legal Channel: The company has demonstrated consistent growth in cash collections across its segments. Total cash collections increased 13.7% year-over-year in Q3 2025 to $542.2 million, driven by higher levels of recent portfolio purchases, strong performance in its European business, and increased cash generation from investments in the U.S. legal collections channel. U.S. legal cash collections specifically grew 27% year-over-year in Q3 2025, and management plans to continue investing in this channel for greater collections certainty. For the remainder of 2025, PRA Group is targeting high single-digit growth in cash collections. * Operational Enhancements and Efficiency Improvements: PRA Group is focusing on optimizing its U.S. business through operational execution and expense management. This includes strategic operational restructuring in the U.S., which aims to improve focus on collections and costs. The company implemented a cost reduction program in the U.S., resulting in gross annualized cost savings of approximately $20 million. These efficiency gains are expected to contribute to revenue growth by improving profitability margins. * Global Diversification and Market Opportunities: PRA Group operates across 18 markets in the Americas, Europe, and Australia, allowing it to capitalize on varying market conditions. The company expects continued elevated portfolio supply levels in the U.S. and stability in Europe, capitalizing on approximately $1.1 trillion in elevated U.S. credit card balances. The company has also witnessed more opportunities to invest in Southern European markets that meet their return thresholds. This global diversification helps mitigate risks and allows the company to pursue growth opportunities in different regions. * Investment in Technology and Innovation: PRA Group is investing in technology and innovation, such as expanding AI applications across global operations. This is aimed at advancing the efficiency and effectiveness of its collection strategies. These technological advancements can lead to more efficient debt collection processes, ultimately boosting revenue.AI Analysis | Feedback
Share Repurchases
- On February 25, 2022, PRA Group's Board of Directors authorized a share repurchase program for up to $150.0 million of its outstanding common stock.
- As of September 30, 2025, $57.7 million remained authorized for share repurchases under the program.
- There were no share repurchases made during the third quarter of 2025.
Share Issuance
- As of September 30, 2025, PRA Group had 39,083,000 shares issued and outstanding.
- As of December 31, 2024, there were 39,510,000 shares issued and outstanding.
- As of March 31, 2025, 39,652,000 shares were issued and outstanding.
Outbound Investments
- PRA Group's primary business involves the purchase of nonperforming loan portfolios.
- In 2024, the company deployed $1.4 billion in portfolio purchases, representing its highest annual deployment since 2017.
- For 2025, PRA Group has reaffirmed a portfolio purchase target of $1.2 billion.
- Total portfolio purchases were $291.7 million in Q1 2025, an 18.7% increase year-over-year. Purchases in Q2 2025 were $346.5 million, and in Q3 2025 they were $255.5 million.
Capital Expenditures
- The company's property and equipment, net, was approximately $27.0 million as of March 31, 2025.
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| 11142025 | V | Visa | Monopoly | MY | Getting CheaperMonopoly-Like with P/S DeclineLarge cap with monopoly-like margins or cash flow generation and getting cheaper based on P/S multiple | 7.6% | 7.6% | -2.7% |
| 11072025 | WD | Walker & Dunlop | Dip Buy | DB | P/E OPMDip Buy with Low PE and High MarginBuying dips for companies with tame PE and meaningfully high operating margin | -11.1% | -11.1% | -12.1% |
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Peer Comparisons for PRA
| Peers to compare with: |
Financials
| Median | |
|---|---|
| Name | |
| Mkt Price | 51.32 |
| Mkt Cap | 158.8 |
| Rev LTM | 56,496 |
| Op Inc LTM | 7,584 |
| FCF LTM | 7,327 |
| FCF 3Y Avg | 7,366 |
| CFO LTM | 8,590 |
| CFO 3Y Avg | 8,697 |
Growth & Margins
| Median | |
|---|---|
| Name | |
| Rev Chg LTM | 7.4% |
| Rev Chg 3Y Avg | 3.2% |
| Rev Chg Q | 9.4% |
| QoQ Delta Rev Chg LTM | 2.1% |
| Op Mgn LTM | 17.7% |
| Op Mgn 3Y Avg | 13.1% |
| QoQ Delta Op Mgn LTM | -0.1% |
| CFO/Rev LTM | 14.6% |
| CFO/Rev 3Y Avg | 17.1% |
| FCF/Rev LTM | 11.6% |
| FCF/Rev 3Y Avg | 12.1% |
Segment Financials
Revenue by Segment| $ Mil | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|
| Accounts Receivable Management (ARM) | 803 | ||||
| Changes in expected recoveries | 169 | ||||
| Other revenue | 25 | ||||
| Portfolio income | 772 | ||||
| Accounts receivable management | 1,096 | 1,065 | 1,017 | ||
| Total | 803 | 967 | 1,096 | 1,065 | 1,017 |
| $ Mil | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|
| Accounts Receivable Management (ARM) | 4,525 | ||||
| Total | 4,525 |
Price Behavior
| Market Price | $17.62 | |
| Market Cap ($ Bil) | 0.7 | |
| First Trading Date | 11/08/2002 | |
| Distance from 52W High | -26.4% | |
| 50 Days | 200 Days | |
| DMA Price | $15.75 | $16.17 |
| DMA Trend | down | up |
| Distance from DMA | 11.9% | 9.0% |
| 3M | 1YR | |
| Volatility | 50.3% | 54.0% |
| Downside Capture | 146.18 | 188.51 |
| Upside Capture | 162.19 | 144.87 |
| Correlation (SPY) | 39.2% | 53.8% |
| 1M | 2M | 3M | 6M | 1Y | 3Y | |
|---|---|---|---|---|---|---|
| Beta | 2.07 | 1.53 | 1.51 | 1.73 | 1.46 | 1.32 |
| Up Beta | -1.76 | 0.60 | 1.37 | 2.64 | 1.36 | 1.41 |
| Down Beta | 4.28 | 2.20 | 1.88 | 1.76 | 1.40 | 1.17 |
| Up Capture | 449% | 163% | 101% | 138% | 167% | 115% |
| Bmk +ve Days | 13 | 26 | 39 | 74 | 142 | 427 |
| Stock +ve Days | 11 | 21 | 30 | 60 | 127 | 371 |
| Down Capture | 192% | 145% | 162% | 144% | 138% | 109% |
| Bmk -ve Days | 7 | 16 | 24 | 52 | 107 | 323 |
| Stock -ve Days | 9 | 21 | 33 | 64 | 119 | 367 |
[1] Upside and downside betas calculated using positive and negative benchmark daily returns respectively
Based On 1-Year Data
| Comparison of PRAA With Other Asset Classes (Last 1Y) | |||||||
|---|---|---|---|---|---|---|---|
| PRAA | Sector ETF | Equity | Gold | Commodities | Real Estate | Bitcoin | |
| Annualized Return | -15.5% | 16.3% | 17.8% | 72.1% | 8.6% | 4.4% | -8.2% |
| Annualized Volatility | 53.7% | 19.0% | 19.4% | 19.3% | 15.2% | 17.0% | 35.0% |
| Sharpe Ratio | -0.10 | 0.67 | 0.72 | 2.70 | 0.34 | 0.09 | -0.08 |
| Correlation With Other Assets | 51.9% | 53.7% | -11.2% | 14.0% | 49.5% | 21.7% | |
ETFs used for asset classes: Sector ETF = XLF, Equity = SPY, Gold = GLD, Commodities = DBC, Real Estate = VNQ, and Bitcoin = BTCUSD
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Based On 5-Year Data
| Comparison of PRAA With Other Asset Classes (Last 5Y) | |||||||
|---|---|---|---|---|---|---|---|
| PRAA | Sector ETF | Equity | Gold | Commodities | Real Estate | Bitcoin | |
| Annualized Return | -15.4% | 16.1% | 14.7% | 18.7% | 11.5% | 4.6% | 30.8% |
| Annualized Volatility | 45.5% | 18.9% | 17.1% | 15.5% | 18.7% | 18.9% | 48.6% |
| Sharpe Ratio | -0.20 | 0.71 | 0.70 | 0.97 | 0.50 | 0.16 | 0.57 |
| Correlation With Other Assets | 35.4% | 32.9% | 1.0% | 7.0% | 34.6% | 9.5% | |
ETFs used for asset classes: Sector ETF = XLF, Equity = SPY, Gold = GLD, Commodities = DBC, Real Estate = VNQ, and Bitcoin = BTCUSD
Smart multi-asset allocation framework can stack odds in your favor. Learn How
Based On 10-Year Data
| Comparison of PRAA With Other Asset Classes (Last 10Y) | |||||||
|---|---|---|---|---|---|---|---|
| PRAA | Sector ETF | Equity | Gold | Commodities | Real Estate | Bitcoin | |
| Annualized Return | -7.2% | 13.2% | 14.8% | 15.3% | 7.0% | 5.3% | 69.2% |
| Annualized Volatility | 46.0% | 22.3% | 18.0% | 14.7% | 17.6% | 20.8% | 55.8% |
| Sharpe Ratio | 0.01 | 0.55 | 0.71 | 0.86 | 0.32 | 0.22 | 0.90 |
| Correlation With Other Assets | 42.4% | 38.2% | -1.3% | 14.9% | 36.0% | 8.4% | |
ETFs used for asset classes: Sector ETF = XLF, Equity = SPY, Gold = GLD, Commodities = DBC, Real Estate = VNQ, and Bitcoin = BTCUSD
Smart multi-asset allocation framework can stack odds in your favor. Learn How
Earnings Returns History
Expand for More| Forward Returns | |||
|---|---|---|---|
| Earnings Date | 1D Returns | 5D Returns | 21D Returns |
| 11/3/2025 | -11.0% | 4.1% | 17.6% |
| 8/4/2025 | -0.4% | -2.3% | 8.0% |
| 5/5/2025 | -29.3% | -22.6% | -25.1% |
| 2/19/2025 | -4.2% | -8.6% | -13.7% |
| 11/4/2024 | 15.9% | 16.9% | 1.0% |
| 8/5/2024 | -8.9% | -3.6% | -6.0% |
| 5/6/2024 | -1.1% | 5.7% | -17.7% |
| 2/15/2024 | 14.2% | 7.2% | -6.3% |
| ... | |||
| SUMMARY STATS | |||
| # Positive | 11 | 15 | 12 |
| # Negative | 10 | 6 | 9 |
| Median Positive | 5.1% | 4.1% | 8.4% |
| Median Negative | -3.2% | -5.9% | -9.2% |
| Max Positive | 32.1% | 24.5% | 49.2% |
| Max Negative | -29.3% | -22.6% | -25.1% |
SEC Filings
Expand for More| Report Date | Filing Date | Filing |
|---|---|---|
| 9302025 | 11102025 | 10-Q 9/30/2025 |
| 6302025 | 8062025 | 10-Q 6/30/2025 |
| 3312025 | 5092025 | 10-Q 3/31/2025 |
| 12312024 | 2272025 | 10-K 12/31/2024 |
| 9302024 | 11082024 | 10-Q 9/30/2024 |
| 6302024 | 8072024 | 10-Q 6/30/2024 |
| 3312024 | 5082024 | 10-Q 3/31/2024 |
| 12312023 | 2292024 | 10-K 12/31/2023 |
| 9302023 | 11072023 | 10-Q 9/30/2023 |
| 6302023 | 8082023 | 10-Q 6/30/2023 |
| 3312023 | 5092023 | 10-Q 3/31/2023 |
| 12312022 | 2282023 | 10-K 12/31/2022 |
| 9302022 | 11042022 | 10-Q 9/30/2022 |
| 6302022 | 8092022 | 10-Q 6/30/2022 |
| 3312022 | 5102022 | 10-Q 3/31/2022 |
| 12312021 | 3012022 | 10-K 12/31/2021 |
External Quote Links
| Y Finance | Barrons |
| TradingView | Morningstar |
| SeekingAlpha | ValueLine |
| Motley Fool | Robinhood |
| CNBC | Etrade |
| MarketWatch | Unusual Whales |
| YCharts | Perplexity Finance |
| FinViz |
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