Promimic Financials
| PRO Stock | 29.00 2.20 8.21% |
Promimic |
Please note, the imprecision that can be found in Promimic's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Promimic AB. Check Promimic's Beneish M Score to see the likelihood of Promimic's management manipulating its earnings.
| Foreign Associate | USA |
| Instrument | Sweden Stock View All |
| Exchange | Stockholm Exchange |
| ISIN | SE0017487242 |
| Business Address | AZ BioVentureHub, Mlndal, |
| Industry | Medical Devices |
| Benchmark | Dow Jones Industrial |
| Website | www.promimic.com |
| Phone | 46 31 16 08 60 |
You should never invest in Promimic without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of Promimic Stock, because this is throwing your money away. Analyzing the key information contained in Promimic's financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.
Promimic Key Financial Ratios
Promimic's financial ratios allow both analysts and investors to convert raw data from Promimic's financial statements into concise, actionable information that can be used to evaluate the performance of Promimic over time and compare it to other companies across industries.Promimic Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Promimic's current stock value. Our valuation model uses many indicators to compare Promimic value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Promimic competition to find correlations between indicators driving Promimic's intrinsic value. More Info.Promimic AB is rated top company in current valuation category among its peers. It also is considered to be number one stock in shares outstanding category among its peers creating about 0.09 of Shares Outstanding per Current Valuation. The ratio of Current Valuation to Shares Outstanding for Promimic AB is roughly 11.21 . The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Promimic's earnings, one of the primary drivers of an investment's value.Promimic AB Systematic Risk
Promimic's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Promimic volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was twenty-eight with a total number of output elements of thirty-three. The Beta measures systematic risk based on how returns on Promimic AB correlated with the market. If Beta is less than 0 Promimic generally moves in the opposite direction as compared to the market. If Promimic Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Promimic AB is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Promimic is generally in the same direction as the market. If Beta > 1 Promimic moves generally in the same direction as, but more than the movement of the benchmark.
Promimic December 2, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Promimic help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Promimic AB. We use our internally-developed statistical techniques to arrive at the intrinsic value of Promimic AB based on widely used predictive technical indicators. In general, we focus on analyzing Promimic Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Promimic's daily price indicators and compare them against related drivers.
| Information Ratio | (0.10) | |||
| Maximum Drawdown | 23.96 | |||
| Value At Risk | (4.21) | |||
| Potential Upside | 7.2 |
Additional Tools for Promimic Stock Analysis
When running Promimic's price analysis, check to measure Promimic's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Promimic is operating at the current time. Most of Promimic's value examination focuses on studying past and present price action to predict the probability of Promimic's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Promimic's price. Additionally, you may evaluate how the addition of Promimic to your portfolios can decrease your overall portfolio volatility.