Profound Medical Corp Stock Probability of Future Stock Price Finishing Over 6.60
| PROF Stock | USD 6.60 0.37 5.94% |
Closest to current price Profound long PUT Option Payoff at Expiration
Profound Medical Target Price Odds to finish over 6.60
The tendency of Profound Stock price to converge on an average value over time is a known aspect in finance that investors have used since the beginning of the stock market for forecasting. However, many studies suggest that some traded equity instruments are consistently mispriced before traders' demand and supply correct the spread. One possible conclusion to this anomaly is that these stocks have additional risk, for which investors demand compensation in the form of extra returns.
| Current Price | Horizon | Target Price | Odds to move above the current price in 90 days |
| 6.60 | 90 days | 6.60 | about 78.66 |
Based on a normal probability distribution, the odds of Profound Medical to move above the current price in 90 days from now is about 78.66 (This Profound Medical Corp probability density function shows the probability of Profound Stock to fall within a particular range of prices over 90 days) .
Profound Medical Price Density |
| Price |
Predictive Modules for Profound Medical
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Profound Medical Corp. Regardless of method or technology, however, to accurately forecast the stock market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the stock market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.Profound Medical Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Profound Medical is not an exception. The market had few large corrections towards the Profound Medical's value, including both sudden drops in prices as well as massive rallies. These swings have made and broken many portfolios. An investor can limit the violent swings in their portfolio by implementing a hedging strategy designed to limit downside losses. If you hold Profound Medical Corp, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Profound Medical within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.11 | |
β | Beta against Dow Jones | 1.72 | |
σ | Overall volatility | 0.73 | |
Ir | Information ratio | 0.04 |
Profound Medical Alerts and Suggestions
In today's market, stock alerts give investors the competitive edge they need to time the market and increase returns. Checking the ongoing alerts of Profound Medical for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Profound Medical Corp can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Profound Medical had very high historical volatility over the last 90 days | |
| The company reported the previous year's revenue of 10.17 M. Net Loss for the year was (27.82 M) with profit before overhead, payroll, taxes, and interest of 10.36 M. | |
| Profound Medical Corp currently holds about 46.21 M in cash with (23.45 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 2.21. | |
| Profound Medical has a very weak financial position based on the latest SEC disclosures | |
| Latest headline from thelincolnianonline.com: Aptorum Group Profound Medical Head to Head Review |
Profound Medical Price Density Drivers
Market volatility will typically increase when nervous long traders begin to feel the short-sellers pressure to drive the market lower. The future price of Profound Stock often depends not only on the future outlook of the current and potential Profound Medical's investors but also on the ongoing dynamics between investors with different trading styles. Because the market risk indicators may have small false signals, it is better to identify suitable times to hedge a portfolio using different long/short signals. Profound Medical's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 24.8 M | |
| Cash And Short Term Investments | 54.9 M |
Profound Medical Technical Analysis
Profound Medical's future price can be derived by breaking down and analyzing its technical indicators over time. Profound Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Profound Medical Corp. In general, you should focus on analyzing Profound Stock price patterns and their correlations with different microeconomic environments and drivers.
Profound Medical Predictive Forecast Models
Profound Medical's time-series forecasting models is one of many Profound Medical's stock analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models are widely used for non-stationary data. Non-stationary data are called the data whose statistical properties, e.g., the mean and standard deviation, are not constant over time, but instead, these metrics vary over time. This non-stationary Profound Medical's historical data is usually called time series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the stock market movement and maximize returns from investment trading.
Things to note about Profound Medical Corp
Checking the ongoing alerts about Profound Medical for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Profound Medical Corp help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Profound Medical had very high historical volatility over the last 90 days | |
| The company reported the previous year's revenue of 10.17 M. Net Loss for the year was (27.82 M) with profit before overhead, payroll, taxes, and interest of 10.36 M. | |
| Profound Medical Corp currently holds about 46.21 M in cash with (23.45 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 2.21. | |
| Profound Medical has a very weak financial position based on the latest SEC disclosures | |
| Latest headline from thelincolnianonline.com: Aptorum Group Profound Medical Head to Head Review |
Check out Profound Medical Analysis, Profound Medical Valuation, Profound Medical Correlation, Profound Medical Hype Analysis, Profound Medical Volatility, Profound Medical Price History as well as Profound Medical Performance. You can also try the Transaction History module to view history of all your transactions and understand their impact on performance.
Can Health Care Equipment & Supplies industry sustain growth momentum? Does Profound have expansion opportunities? Factors like these will boost the valuation of Profound Medical. Anticipated expansion of Profound directly elevates investor willingness to pay premium valuations. Determining accurate worth demands scrutiny of both present operating results and projected expansion capacity. Evaluating Profound Medical demands reviewing these metrics collectively while recognizing certain factors exert disproportionate influence.
Earnings Share (1.32) | Revenue Per Share | Quarterly Revenue Growth 0.868 | Return On Assets | Return On Equity |
Investors evaluate Profound Medical Corp using market value (trading price) and book value (balance sheet equity), each telling a different story. Calculating Profound Medical's intrinsic value - the estimated true worth - helps identify when the stock trades at a discount or premium to fair value. Market participants employ diverse analytical approaches to determine fair value and identify buying opportunities when prices dip below calculated worth. External factors like market trends, sector rotation, and investor psychology can cause Profound Medical's market price to deviate significantly from intrinsic value.
It's important to distinguish between Profound Medical's intrinsic value and market price, which are calculated using different methodologies. Investment decisions regarding Profound Medical should consider multiple factors including financial performance, growth metrics, competitive position, and professional analysis. Conversely, Profound Medical's market price signifies the transaction level at which participants voluntarily complete trades.