ProKidney Competitors
| PROK Stock | USD 2.09 0.07 3.47% |
ProKidney Corp vs Nanobiotix Correlation
Good diversification
The correlation between ProKidney Corp and NBTX is -0.2 (i.e., Good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding ProKidney Corp and NBTX in the same portfolio, assuming nothing else is changed.
Moving against ProKidney Stock
| 0.61 | CMB | Cambium Bio Earnings Call This Week | PairCorr |
| 0.58 | DNTH | Dianthus Therapeutics | PairCorr |
| 0.58 | 6C1 | CytomX Therapeutics | PairCorr |
| 0.52 | PYC | Physiomics Plc | PairCorr |
| 0.51 | DNLI | Denali Therapeutics | PairCorr |
ProKidney Corp Competition Correlation Matrix
Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between ProKidney Corp 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 ProKidney 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 ProKidney Corp 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 ProKidney Stock performing well and ProKidney Corp 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 ProKidney Corp'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| KURA | 2.83 | (0.33) | 0.00 | (0.31) | 0.00 | 5.01 | 22.83 | |||
| EYPT | 3.46 | 0.48 | 0.12 | (3.44) | 3.22 | 8.15 | 23.49 | |||
| BCAX | 2.78 | (0.04) | 0.00 | (0.03) | 0.00 | 6.05 | 19.25 | |||
| TNGX | 3.66 | 0.76 | 0.19 | 4.44 | 3.32 | 11.29 | 31.20 | |||
| SVRA | 3.16 | 0.47 | 0.14 | 0.61 | 3.22 | 8.43 | 24.50 | |||
| RZLT | 7.17 | 0.71 | 0.03 | (0.15) | 15.04 | 18.05 | 98.27 | |||
| SEPN | 3.55 | 0.77 | 0.22 | 1.57 | 2.83 | 7.53 | 27.98 | |||
| PRME | 4.05 | (0.18) | 0.00 | (0.09) | 0.00 | 10.19 | 25.37 | |||
| TYRA | 2.87 | 1.09 | 0.37 | (6.38) | 2.01 | 6.05 | 34.11 | |||
| NBTX | 3.26 | 0.43 | 0.11 | (19.88) | 3.34 | 6.58 | 21.79 |
Cross Equities Net Income Analysis
Compare ProKidney Corp and related stocks such as Kura Oncology, Eyepoint Pharmaceuticals, and Bicara Therapeutics Net Income Over Time
Select Fundamental| 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| KURA | (33.6 K) | (22.4 K) | (27 K) | (27.3 K) | (11 M) | (22.6 M) | (27.6 M) | (35.4 M) | (60.4 M) | (63.1 M) | (89.6 M) | (130.5 M) | (135.8 M) | (152.6 M) | (174 M) | (156.6 M) | (148.8 M) |
| EYPT | (2.3 M) | (8.6 M) | (24.8 M) | (11.9 M) | (13.4 M) | 6.3 M | (21.5 M) | (18.5 M) | (53.2 M) | (56.8 M) | (45.4 M) | (58.4 M) | (102.3 M) | (70.8 M) | (130.9 M) | (117.8 M) | (111.9 M) |
| BCAX | (37.8 M) | (37.8 M) | (37.8 M) | (37.8 M) | (37.8 M) | (37.8 M) | (37.8 M) | (37.8 M) | (37.8 M) | (37.8 M) | (37.8 M) | (37.8 M) | (37.8 M) | (52 M) | (68 M) | (61.2 M) | (64.3 M) |
| TNGX | (14.1 M) | (14.1 M) | (14.1 M) | (14.1 M) | (14.1 M) | (14.1 M) | (14.1 M) | (14.1 M) | (14.1 M) | (14.1 M) | (52 M) | (58.2 M) | (108.2 M) | (101.7 M) | (130.3 M) | (117.3 M) | (123.1 M) |
| SVRA | (3.7 M) | (13.3 M) | (15.6 M) | (21.5 M) | (28.7 M) | (39.8 M) | (10.9 M) | (29.8 M) | (61.5 M) | (78.2 M) | (49.6 M) | (43 M) | (38.1 M) | (54.7 M) | (95.9 M) | (86.3 M) | (82 M) |
| RZLT | (49.3 K) | (49.3 K) | (6.7 M) | (9.7 M) | (11.4 M) | (14.9 M) | (20.3 M) | (29.9 M) | (30.4 M) | (20.3 M) | (20.9 M) | (41.1 M) | (51.8 M) | (68.5 M) | (74.4 M) | (67 M) | (63.6 M) |
| SEPN | (27.7 M) | (27.7 M) | (27.7 M) | (27.7 M) | (27.7 M) | (27.7 M) | (27.7 M) | (27.7 M) | (27.7 M) | (27.7 M) | (27.7 M) | (27.7 M) | (27.7 M) | 4.2 M | (71.8 M) | (64.6 M) | (61.4 M) |
| TYRA | (4.1 M) | (4.1 M) | (4.1 M) | (4.1 M) | (4.1 M) | (4.1 M) | (4.1 M) | (4.1 M) | (4.1 M) | (4.1 M) | (9.3 M) | (26.1 M) | (51.7 M) | (69.1 M) | (86.5 M) | (77.8 M) | (73.9 M) |
| NBTX | (5.2 M) | (5.2 M) | (5.3 M) | (8.1 M) | (9.6 M) | (17 M) | (21.9 M) | (26.1 M) | (29.9 M) | (50.9 M) | (33.6 M) | (47 M) | (57 M) | (39.7 M) | (68.1 M) | (61.3 M) | (58.3 M) |
ProKidney Corp and related stocks such as Kura Oncology, Eyepoint Pharmaceuticals, and Bicara Therapeutics Net Income description
Net income is one of the most important fundamental items in finance. It plays a large role in ProKidney Corp financial statement analysis. It represents the amount of money remaining after all of ProKidney Corp operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.ProKidney Corp Competitive Analysis
The better you understand ProKidney Corp competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, ProKidney Corp'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 ProKidney Corp'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 |
ProKidney Corp Competition Performance Charts
Five steps to successful analysis of ProKidney Corp Competition
ProKidney Corp'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 ProKidney Corp in relation to its competition. ProKidney Corp's competition analysis typically involves several steps, including:- Identifying the key players in the market: This involves identifying the major competitors of ProKidney Corp 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 ProKidney Corp's competitive landscape.
- Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to ProKidney Corp, 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 ProKidney Corp Correlation with its peers. For more information on how to buy ProKidney Stock please use our How to buy in ProKidney Stock guide.You can also try the Options Analysis module to analyze and evaluate options and option chains as a potential hedge for your portfolios.
Is Biotechnology space 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 ProKidney Corp. Anticipated expansion of ProKidney directly elevates investor willingness to pay premium valuations. The financial industry is built on trying to define current growth potential and future valuation accurately. Comprehensive ProKidney Corp assessment requires weighing all these inputs, though not all factors influence outcomes equally.
Investors evaluate ProKidney Corp using market value (trading price) and book value (balance sheet equity), each telling a different story. Calculating ProKidney Corp's intrinsic value - the estimated true worth - helps identify when the stock trades at a discount or premium to fair value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. External factors like market trends, sector rotation, and investor psychology can cause ProKidney Corp's market price to deviate significantly from intrinsic value.
It's important to distinguish between ProKidney Corp's intrinsic value and market price, which are calculated using different methodologies. Investment decisions regarding ProKidney Corp should consider multiple factors including financial performance, growth metrics, competitive position, and professional analysis. Conversely, ProKidney Corp's market price signifies the transaction level at which participants voluntarily complete trades.