Prenetics Competitors
| PRE Stock | USD 21.12 1.88 9.77% |
Prenetics Global vs Codexis Correlation
Excellent diversification
The correlation between Prenetics Global and CDXS is -0.64 (i.e., Excellent diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Prenetics Global and CDXS in the same portfolio, assuming nothing else is changed.
Moving together with Prenetics Stock
| 0.69 | HG | Hamilton Insurance Normal Trading | PairCorr |
Moving against Prenetics Stock
| 0.85 | SR9A | Swiss Re AG | PairCorr |
| 0.84 | SREN | Swiss Re AG | PairCorr |
| 0.81 | MHNC | Maiden Holdings North | PairCorr |
| 0.44 | HNR1 | Hannover Rck SE | PairCorr |
| 0.42 | MUV2 | Mnchener Rck AG | PairCorr |
Prenetics Global Competition Correlation Matrix
Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between Prenetics Global and its competitors represents the degree of relationship between the price movements of corresponding stocks. A correlation of about +1.0 implies that the price of Prenetics and its corresponding peer move in tandem. A correlation of -1.0 means that prices move in opposite directions. A correlation of close to zero suggests that the price movements of assets are uncorrelated; in other words, the historical price movement of Prenetics Global does not affect the price movement of the other competitor.
High positive correlations
| High negative correlations
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Risk-Adjusted Indicators
There is a big difference between Prenetics Stock performing well and Prenetics Global Company doing well as a business compared to the competition. There are so many exceptions to the norm that investors cannot definitively determine what's good or bad unless they analyze Prenetics Global's multiple risk-adjusted performance indicators across the competitive landscape. These indicators are quantitative in nature and help investors forecast volatility and risk-adjusted expected returns across various positions.| Mean Deviation | Jensen Alpha | Sortino Ratio | Treynor Ratio | Semi Deviation | Expected Shortfall | Potential Upside | Value @Risk | Maximum Drawdown | ||
|---|---|---|---|---|---|---|---|---|---|---|
| STIM | 5.55 | (1.07) | 0.00 | (0.21) | 0.00 | 10.55 | 34.69 | |||
| ATLN | 7.23 | 0.50 | 0.09 | 0.21 | 7.21 | 20.00 | 64.87 | |||
| MXCT | 3.17 | (1.16) | 0.00 | (0.59) | 0.00 | 5.44 | 15.87 | |||
| TLSI | 3.37 | (0.05) | (0.01) | 0.03 | 4.45 | 8.30 | 25.94 | |||
| PROF | 2.99 | 0.07 | 0.04 | 0.13 | 3.33 | 7.37 | 19.12 | |||
| OSUR | 2.46 | (0.01) | 0.03 | 0.08 | 3.07 | 5.98 | 13.45 | |||
| IMDX | 4.07 | 0.11 | 0.06 | 0.13 | 4.28 | 9.42 | 22.08 | |||
| ARMP | 5.34 | 0.86 | 0.13 | 0.74 | 5.96 | 14.73 | 38.51 | |||
| SGMO | 4.91 | (0.47) | 0.00 | (0.06) | 0.00 | 9.52 | 73.25 | |||
| CDXS | 3.96 | (0.90) | 0.00 | (0.24) | 0.00 | 6.21 | 22.77 |
Cross Equities Net Income Analysis
Compare Prenetics Global and related stocks such as Neuronetics, Atlantic International, and MaxCyte Net Income Over Time
Select Fundamental| 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| STIM | (11.2 M) | (11.2 M) | (11.2 M) | (11.2 M) | (11.2 M) | (11.2 M) | (11.2 M) | (16.1 M) | (24.1 M) | (29 M) | (27.5 M) | (31.2 M) | (37.2 M) | (30.2 M) | (43.7 M) | (39.3 M) | (41.3 M) |
| ATLN | (1.4 M) | (1.4 M) | (1.4 M) | (1.4 M) | (1.4 M) | (1.4 M) | (1.4 M) | (1.7 M) | (2.9 M) | (2.5 M) | (1 M) | (40.8 M) | (3.2 M) | (15.3 M) | (135.5 M) | (121.9 M) | (115.8 M) |
| MXCT | (2 M) | (2 M) | (2 M) | (958.2 K) | (1.8 M) | (1.4 M) | (3.3 M) | (9.9 M) | (8.9 M) | (12.9 M) | (11.8 M) | (19.1 M) | (23.6 M) | (37.9 M) | (41.1 M) | (36.9 M) | (35.1 M) |
| TLSI | (28.8 M) | (28.8 M) | (28.8 M) | (28.8 M) | (28.8 M) | (28.8 M) | (28.8 M) | (28.8 M) | (28.8 M) | (28.8 M) | (28.8 M) | (28.8 M) | (47.2 M) | (59.4 M) | (33.2 M) | (29.9 M) | (31.4 M) |
| PROF | (8.2 M) | (8.2 M) | (8.2 M) | (8.2 M) | (8.2 M) | (11.8 M) | (12.1 M) | (15 M) | (15.2 M) | (15.2 M) | (21.6 M) | (30.7 M) | (28.7 M) | (28.6 M) | (26.5 M) | (23.8 M) | (25 M) |
| OSUR | (2.6 M) | (8.8 M) | (15.1 M) | (11.2 M) | (4.6 M) | 8.2 M | 19.7 M | 30.9 M | 20.4 M | 16.7 M | (14.9 M) | (23 M) | (17.1 M) | 53.7 M | (19.5 M) | (22.4 M) | (21.3 M) |
| IMDX | (3.5 M) | (3.5 M) | (3.5 M) | (3.5 M) | (5 M) | (8.7 M) | (11.2 M) | (19.4 M) | (15.8 M) | (22.3 M) | (29.9 M) | (64.1 M) | (72.9 M) | (27.8 M) | (60.7 M) | (54.6 M) | (51.9 M) |
| ARMP | (5.1 M) | (3.8 M) | (1.1 M) | (64.6 M) | 23.1 M | (516 K) | (18.8 M) | (12.8 M) | (12.1 M) | (19.5 M) | (22.2 M) | (23.2 M) | (36.9 M) | (69 M) | (18.9 M) | (17 M) | (17.9 M) |
| SGMO | (308 K) | (35.8 M) | (22.3 M) | (26.6 M) | (26.4 M) | (40.7 M) | (71.7 M) | (54.6 M) | (68.3 M) | (75.8 M) | (121.1 M) | (178.3 M) | (192.3 M) | (257.8 M) | (97.9 M) | (88.1 M) | (83.7 M) |
| CDXS | (18.7 M) | (16.6 M) | (30.9 M) | (41.3 M) | (19.1 M) | (7.6 M) | (8.6 M) | (23 M) | (10.9 M) | (11.9 M) | (24 M) | (21.3 M) | (33.6 M) | (76.2 M) | (65.3 M) | (58.7 M) | (55.8 M) |
Prenetics Global and related stocks such as Neuronetics, Atlantic International, and MaxCyte Net Income description
Net income is one of the most important fundamental items in finance. It plays a large role in Prenetics Global financial statement analysis. It represents the amount of money remaining after all of Prenetics Global operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.Prenetics Global Competitive Analysis
The better you understand Prenetics Global competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, Prenetics Global's competitive analysis can cover a whole range of metrics. Some of these will be more critical depending on who you are as an investor and how you react to market volatility. However, if you are locking your investment sandscape to a long-term horizon, comparing the fundamental indicator across Prenetics Global's competition over several years is one of the best ways to analyze its investment potential.| Better Than Average | Worse Than Peers | View Performance Chart |
Prenetics Global Competition Performance Charts
Five steps to successful analysis of Prenetics Global Competition
Prenetics Global's competitive analysis is the process of researching and evaluating its competitive landscape. It provides an understanding of the strengths, weaknesses, opportunities, and threats (SWOT) faced by Prenetics Global in relation to its competition. Prenetics Global's competition analysis typically involves several steps, including:- Identifying the key players in the market: This involves identifying the major competitors of Prenetics Global in the market, both direct and indirect, as well as new entrants and disruptive technologies.
- Assessing the strengths and weaknesses of each competitor: This involves evaluating each competitor's strengths and weaknesses in areas such as product offerings, market share, brand recognition, financial performance, and distribution channels.
- Understanding the competitive environment: This involves evaluating the regulatory environment, economic conditions, and other factors that may impact Prenetics Global's competitive landscape.
- Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to Prenetics Global, and developing a strategy to address them.
- Evaluating the competitive landscape: This involves understanding the competitive dynamics of the market, such as pricing, marketing, and distribution strategies, as well as analyzing the competitive advantage of each competitor.
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Check out Prenetics Global Correlation with its peers. For information on how to trade Prenetics Stock refer to our How to Trade Prenetics Stock guide.You can also try the Correlation Analysis module to reduce portfolio risk simply by holding instruments which are not perfectly correlated.
Will Reinsurance sector continue expanding? Could Prenetics diversify its offerings? Factors like these will boost the valuation of Prenetics Global. Anticipated expansion of Prenetics directly elevates investor willingness to pay premium valuations. Accurate valuation requires analyzing both current fundamentals and future growth trajectories. Every Prenetics Global data point contributes insight, yet successful analysis hinges on identifying the most consequential variables.
Earnings Share (3.59) | Revenue Per Share | Quarterly Revenue Growth 2.028 | Return On Assets | Return On Equity |
Understanding Prenetics Global requires distinguishing between market price and book value, where the latter reflects Prenetics's accounting equity. The concept of intrinsic value - what Prenetics Global's is actually worth based on fundamentals - guides informed investors toward better entry and exit points. Seasoned market participants apply comprehensive analytical frameworks to derive fundamental worth and identify mispriced opportunities. Market sentiment, economic cycles, and investor behavior can push Prenetics Global's price substantially above or below its fundamental value.
It's important to distinguish between Prenetics Global's intrinsic value and market price, which are calculated using different methodologies. Investment decisions regarding Prenetics Global should consider multiple factors including financial performance, growth metrics, competitive position, and professional analysis. In contrast, Prenetics Global's trading price reflects the actual exchange value where willing buyers and sellers reach mutual agreement.