Market Read®

  • Friday, July 11 2014

This prediction has passed its maturity date!

This prediction was valid between December 20, 2013 and January 10, 2014. All information in this report is for reference only and should not be considered forward looking.

(NASDAQ: TROW)

T. Rowe Price Group


Bullish

T. Rowe Price Group, Inc. is a publicly owned asset management holding company. The firm primarily provides its services to individual and institutional investors, retirement plans, and financial intermediaries. Through its subsidiaries, it manages separate client-focused equity, fixed income, and balanced portfolios. The firm also launches equity, fixed income, and balanced mutual funds for its clients. It invests in the public equity, fixed income, markets across the globe. It also invests in late-stage venture capital transactions with equity investments between $3 million and $5 million. The firm was previously known as T. Rowe Price Associates, Inc. T. Rowe Price Group was founded in 1937 and is based in Baltimore, Maryland with additional offices across North America, Europe, and Asia.

Investment Highlights

  • PATTERN SCAN predicts the price of TROW expected to move up in the coming weeks based on the appearance of a 'Harami' pattern. Specifically, a Trending (Stocks) DO variant of Harami has been detected. The target is $86.49. more
  • SQUEEZETRIGGER predicts that when TROW closes above $56.52, we expect a short squeeze to begin that could quickly drive the price of TROW considerably higher.
  • VALUATION TROW has a current calculated value of $83.24 which means the stock is undervalued compared to its price of $81.5.

Predictive Range December 20, 2013 - January 10, 2014

Anticipated price movement, between prediction date and target date, based on all market reads.
$82.14 - $86.49

How WealthMakers Market Reads Work:

WealthMakers Market Reads™ provide you with market performance predictions based on proprietary technologies, trading algorithms and data to help you make better, more informed investment decisions. Here's a quick review of our predictive technologies:

  • EARNINGS Most stock price histories show random or unpredictable movements around earnings reports. But some repeat the same pattern quarter after quarter, year after year. Earnings predicts probability, price move and length of move before and after all US stock earnings reports.
  • FRICTION FACTOR Friction Factor is based on the relationship between the price of a stock and the volume at which it's bought and sold. Normal and abnormal Friction factor patterns can help you time your buying and selling decisions for maximum earnings potential.
  • GATS The Global Automated Trading System (GATS) combines neural networks and genetic algorithms to reduce investment risks. GATS selects the highest probability trades in stocks, bonds, options, commodities, currencies and private equities, delivering precise, predictive and profitable data.
  • GROUP SECTOR Certain institutions can exert buying or selling pressure over an entire industry group, pushing prices higher. Group Sector identifies stocks that most closely match their group's movement and generate powerful group consensus trading signals to help you profit from the herd mentality.
  • PATTERN SCAN This technology automatically tracks "Trigger Events" that positively or negatively affect the value of a stock — or its perceived value among analysts — ranging from price fluctuations to natural disasters and political shifts. The results reveal patterns that can predict market movements.
  • EVENTS Events describe the current technical situation in your stock. It displays the technicals, trend conditions and seasonal factors and automatically discovers how that stock has performed in the trading days following the occurrences of the event or combination of events. This technology automatically scans using complex historical queries based on what event is taking place right now in the stock. It then displays the probability, expected return and number of trading days for the expected move.
  • RegSHO NAKED SHORTS SEC Regulation SHO mandates that if a clearing agent holds a fail-to-deliver position for 13 consecutive settlement days, it must purchase securities to close out its position, a.k.a. a forced cover. WealthMakers aggregates data from NYSE, AMEX, NASDAQ, OTCBB and PINKSHEETS to track stocks that are about to have forced covers.
  • SEASONALITY Seasonality analyzes more than 20 years of data to determine if stocks have a long or short seasonal bias, how many trading days the move is expected to last, the probability of that move and the percentage move the stock is expected to make based on the seasonal bias.
  • SQUEEZE TRIGGER Our proprietary database of more than 3,500,000,000 short sale transactions allows us to calculate the exact price at which the total short interest is short in each stock. Squeeze Trigger Alerts let you know exactly when a short squeeze will start and how to trade profitably.
  • VALUATION A stock's value is a function of its forecasted earnings per share and forecasted earnings growth, as well as profitability, interest and inflation rates. Valuation use these metrics to determine at what price a stock is undervalued or overvalued, so that you can make investment decisions accordingly.
  • INSIDER Significant stock sales or purchases by company "insiders" (officers or directors) can be a predictor of future price movements — up or down. The Insider strategy tracks these actions and correlates them with historical data to give you an investment edge.

Pattern Scan

 

Tracks "Trigger Events" that positively or negatively affect the value of a stock.

T. Rowe Price Group (NASDAQ: TROW) is predicted to go up in coming weeks based on bullish technical trends that have appeared in the recent performance of the stock. TROW has demonstrated Harami strategy Trending (Stocks) DO with a strength of 1.0/5. The higher the strength, the higher the probability of an accurate prediction.

  • The price of TROW expected to move up in the coming weeks.
  • PatternScan has detected that a 'Trending (Stocks) DO' pattern has appeared.
  • Specifically, a Trending (Stocks) DO variant of Harami has been detected.
  • This indicates a high probablity that TROW will move up in the coming weeks.

Squeeze Trigger

 

We have a proprietary database of all trading in US stocks and maintain massive databases of short sale and naked short sale time and sales data, along with short squeeze SqueezeTrigger prices. We are the only firm that knows the exact price that a short squeeze will start in every US stock.

The Cumulative Squeeze Trigger price for TROW is 56.52.

This means that when TROW closes above $56.52, we expect a short squeeze to begin that could quickly drive the price of TROW considerably higher.

Date Short Volume Short Value SqueezeTrigger
2013-12-31 2509520 199665692.616 79.5633
2013-11-30 6470489 510266644.833 78.8606
2013-10-31 3957719 288395421.583 72.8691
2013-09-30 5665651 409734214.669 72.319
2013-08-31 5817392 427281625.008 73.449
2013-07-31 7074008 537670589.052 76.0065
2013-06-30 5028873 371482345.623 73.8699
2013-05-31 5905767 447680171.091 75.8039
2013-04-30 6989473 517312564.096 74.0131
2013-03-31 6486487 482148362.494 74.3312
2013-02-28 7104391 514158985.452 72.372
2013-01-31 1095359 73265167.8971 66.8869
2012-12-31 5987732 388831340.616 64.938
2012-11-30 6049203 388749006.193 64.2645
2012-10-31 4282291 276077587.854 64.4696
2012-09-30 912370 57010625.531 62.4863
2012-08-31 3920115 240414380.766 61.3284
2012-07-31 5638264 345883251.865 61.3457
2012-06-30 7319569 431934354.302 59.0109
2012-05-31 3169075 192395493.972 60.7103

Friction Factor

 

Friction Factor determines if there is normal or abnormal behavior in the price action of the stock when compared to the buying vs. selling trading statistics. It shows us how many more shares of buying than selling it takes to move a stock higher by 1 cent, or how many more shares of selling than buying it takes to drop a stock by 1 cent.
Here is how to understand Friction Factor:

  • If Friction Factor is positive, more buying than selling caused TROW's price to rise
  • If Friction Factor is negative, more selling than buying caused TROW's price to fall
  • If Friction Factor is 0, there was no discernable activity either way
  • If Friction Factor is abnormal, it means that more buying than selling caused the price to drop which is evidence of manipulative activity. In some cases more selling than buying can cause the price to increase. While this is rare, it must be noted as well. Friction Factor raw data.

Date Change Buy Vol Sell Vol Net Vol Friction
2013-12-19 -0.73 884006 843210 40796 Bearish Bias
2013-12-18 3.05 1266585 1202565 64020 209.9016393
2013-12-17 -0.4 549585 538566 11019 Bearish Bias
2013-12-16 1.57 678186 584096 94090 599.2993631
2013-12-13 0.37 619736 538559 81177 2193.972973
2013-12-12 -0.57 362622 657039 -294417 -5165.210526
2013-12-11 -0.93 629090 810273 -181183 -1948.204301
2013-12-10 -0.56 498857 399113 99744 Bearish Bias
2013-12-09 0.24 375680 429332 -53652 Bullish Bias
2013-12-06 1.28 769167 802022 -32855 Bullish Bias
2013-12-05 -0.88 439820 563037 -123217 -1400.193182
2013-12-04 -0.12 322092 431736 -109644 -9137
2013-12-03 -1.0 507295 554227 -46932 -469.32
2013-12-02 0.23 653171 492387 160784 6990.608696
2013-11-29 0.13 198517 349537 -151020 Bullish Bias
2013-11-27 0.41 497181 425783 71398 1741.414634
2013-11-26 -0.32 376411 556938 -180527 -5641.46875
2013-11-25 -0.36 433681 349458 84223 Bearish Bias
2013-11-22 0.68 481711 426301 55410 814.8529412
2013-11-21 0.46 432050 525302 -93252 Bullish Bias

Valuation

 

Value is a measure of a stock's current worth. TROW has a current value of 83.24 per share. Therefore, it is undervalued compared to its Price of $81.5 per share. Value is computed from forecasted earnings per share, forecasted earnings growth, profitability, interest, and inflation rates. Value increases when earnings, earnings growth rate and profitability increase, and when interest and inflation rates decrease.

General Results

 

Past success in predictions regarding all predictions on the WealthMakers platform.

Our prediction engine has a track record that is second to none. See for our results.

Read Type Avg Return Avg Maturity Days Hits Misses % Accurate
Insider 15.136 73.18 9093 472 95.07%
SqueezeTrigger 12.738 22.37 7780 473 94.27%
Group Correlation 7.341 14.99 1310 87 93.77%
Valuation 14.484 26.96 4201 302 93.29%
Seasonality 7.459 15.21 42599 4123 91.18%
PatternScan 8.449 11.37 133502 19274 87.38%
Events 6.943 11.2 3389 543 86.19%
GATS 5.387 7.94 45083 8534 84.08%
Earnings 8.678 10.28 21689 4352 83.29%
Naked Shorts 14.518 10.83 2232 589 79.12%
Friction Factor 7.501 3.63 5601 1604 77.74%

Prediction Success

 

Past success in predictions regarding T. Rowe Price Group.

  • January 27, 2014 - T. Rowe Price Group Inc (NASDAQ:TROW), Down By 6.16% ($5.07) From $82.280 After ${brandname}.com Report Predicted Weakness Before Earnings

About Wealthmakers

WealthMakers gives institutional and individual investors an exclusive advantage in making precise, predictive and profitable trading decisions. Our proprietary technologies — Earnings, Seasonality, Squeeze Trigger, Group Sector and GATS — apply artificial intelligence, proprietary algorithms, market data and research to help our clients realize exponential returns. Find out more at WealthMakers.com.

All material herein was prepared by WealthMakers, based upon information believed to be reliable. The information contained herein is not guaranteed by WealthMakers to be accurate, and should not be considered to be all-inclusive. The companies that are discussed in this opinion have not approved the statements made in this opinion. This opinion contains forward-looking statements that involve risks and uncertainties. This material is for informational purposes only and should not be construed as an offer or solicitation of an offer to buy or sell securities. WealthMakers is not a registered investment advisor in the State of California. Please consult a broker before purchasing or selling any securities viewed on or mentioned herein. WealthMakers or its affiliates may receive compensation from independent third parties, or from the companies mentioned, for data provided in this report or related services. WealthMakers affiliates, officers, directors and employees do not own shares of the company mentioned in this report, but may from time to time buy/sell the shares discussed in this opinion and may profit from those trades. Market commentary provided by Thomas Ronk, a registered investment advisor and commodities trading advisor in California. WealthMakers will not advise as to when it decides to sell and does not and will not offer any opinion as to when others should sell; each investor must make that decision based on his or her judgment.

All Rights Reserved. Copyright 2011 WealthMakers

Overview
Last Price$81.50
52 Week Range$69.90 - $85.74
1 Month Range$81.20 - $85.74
Avg Daily Volume981680.0
PE Ratio20.65
 
Earnings Per Share
YearEPS
2014(E)$4.11
 
Capitalization
Shares Outstanding262MM
Market Capitalization$22498.00MM
 
 

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