Precipio Sale Purchase Of Stock from 2010 to 2025

PRPO Stock  USD 6.66  0.15  2.30%   
Precipio Sale Purchase Of Stock yearly trend continues to be very stable with very little volatility. Sale Purchase Of Stock is likely to drop to about 5.7 M. During the period from 2010 to 2025, Precipio Sale Purchase Of Stock quarterly data regression pattern had sample variance of 24.9 T and median of  8,929,000. View All Fundamentals
 
Sale Purchase Of Stock  
First Reported
2002-12-31
Previous Quarter
1.1 M
Current Value
15.3 M
Quarterly Volatility
M
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Precipio financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Precipio's main balance sheet or income statement drivers, such as Depreciation And Amortization of 1.7 M, Interest Expense of 15.4 K or Total Revenue of 16 M, as well as many indicators such as Price To Sales Ratio of 0.47, Dividend Yield of 0.0 or PTB Ratio of 0.99. Precipio financial statements analysis is a perfect complement when working with Precipio Valuation or Volatility modules.
  
Check out the analysis of Precipio Correlation against competitors.
To learn how to invest in Precipio Stock, please use our How to Invest in Precipio guide.

Latest Precipio's Sale Purchase Of Stock Growth Pattern

Below is the plot of the Sale Purchase Of Stock of Precipio over the last few years. It is Precipio's Sale Purchase Of Stock historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Precipio's overall financial position and show how it may be relating to other accounts over time.
Sale Purchase Of Stock10 Years Trend
Pretty Stable
   Sale Purchase Of Stock   
       Timeline  

Precipio Sale Purchase Of Stock Regression Statistics

Arithmetic Mean6,601,585
Geometric Mean2,816,958
Coefficient Of Variation75.60
Mean Deviation3,884,188
Median8,929,000
Standard Deviation4,990,687
Sample Variance24.9T
Range20.2M
R-Value0.23
Mean Square Error25.3T
R-Squared0.05
Significance0.39
Slope241,850
Total Sum of Squares373.6T

Precipio Sale Purchase Of Stock History

20255.7 M
202410.3 M
20208.9 M
2019 -1000.0
20183.3 M
20177.8 M
20162.3 M

About Precipio Financial Statements

Precipio investors utilize fundamental indicators, such as Sale Purchase Of Stock, to predict how Precipio Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
Last ReportedProjected for Next Year
Sale Purchase Of Stock10.3 M5.7 M

Pair Trading with Precipio

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Precipio position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Precipio will appreciate offsetting losses from the drop in the long position's value.

Moving together with Precipio Stock

  0.68CVS CVS Health CorpPairCorr
  0.62VMD Viemed HealthcarePairCorr

Moving against Precipio Stock

  0.66ETON Eton PharmaceuticalsPairCorr
  0.61STRM Streamline HealthPairCorr
  0.51HIMS Hims Hers Health Aggressive PushPairCorr
  0.44ELDN Eledon PharmaceuticalsPairCorr
  0.39ENSC Ensysce BiosciencesPairCorr
The ability to find closely correlated positions to Precipio could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Precipio when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Precipio - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Precipio to buy it.
The correlation of Precipio is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Precipio moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Precipio moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Precipio can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether Precipio offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Precipio'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 Precipio Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Precipio Stock:
Check out the analysis of Precipio Correlation against competitors.
To learn how to invest in Precipio Stock, please use our How to Invest in Precipio guide.
You can also try the FinTech Suite module to use AI to screen and filter profitable investment opportunities.
Is Health Care Providers & Services 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 Precipio. If investors know Precipio 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 Precipio listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(1.81)
Revenue Per Share
11.73
Quarterly Revenue Growth
0.257
Return On Assets
(0.19)
Return On Equity
(0.29)
The market value of Precipio is measured differently than its book value, which is the value of Precipio that is recorded on the company's balance sheet. Investors also form their own opinion of Precipio's value that differs from its market value or its book value, called intrinsic value, which is Precipio'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 Precipio's market value can be influenced by many factors that don't directly affect Precipio'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 Precipio's value and its price as these two are different measures arrived at by different means. Investors typically determine if Precipio is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Precipio'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.