Psychemedics Stock Buy Hold or Sell Recommendation
| PMDI Stock | 1.59 0.01 0.63% |
Given the investment horizon of 90 days and your above-average risk tolerance, our recommendation regarding Psychemedics is 'Strong Sell'. The recommendation algorithm takes into account all of Psychemedics' available fundamental, technical, and predictive indicators you will find on this site.
Check out Your Equity Center to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in small area income & poverty estimates. In addition, we conduct extensive research on individual companies such as Psychemedics and provide practical buy, sell, or hold advice based on investors' investing horizon and their risk tolerance towards Psychemedics. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in small area income & poverty estimates.
Psychemedics |
Execute Psychemedics Buy or Sell Advice
The Psychemedics recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Psychemedics. Macroaxis does not own or have any residual interests in Psychemedics or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Psychemedics' advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Strong Sell
Market Performance | Weakest | Details | |
Volatility | Risky | Details | |
Hype Condition | Stale | Details | |
Current Valuation | Overvalued | Details | |
Economic Sensitivity | Moves indifferently to market moves | Details | |
Reporting Quality (M-Score) | Inapplicable | Details |
Psychemedics Trading Alerts and Improvement Suggestions
| Psychemedics generated a negative expected return over the last 90 days | |
| Psychemedics may become a speculative penny stock |
Psychemedics Returns Distribution Density
The distribution of Psychemedics' historical returns is an attempt to chart the uncertainty of Psychemedics' future price movements. The chart of the probability distribution of Psychemedics daily returns describes the distribution of returns around its average expected value. We use Psychemedics price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Psychemedics returns is essential to provide solid investment advice for Psychemedics.
| Mean Return | -0.41 | Value At Risk | -4.09 | Potential Upside | 1.22 | Standard Deviation | 1.83 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Psychemedics historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.
Psychemedics Greeks
Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Psychemedics or Psychemedics sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Psychemedics' price will be affected by overall pink sheet market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a Psychemedics pink sheet's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α | Alpha over Dow Jones | -0.42 | |
β | Beta against Dow Jones | -0.1 | |
σ | Overall volatility | 1.87 | |
Ir | Information ratio | -0.26 |
Psychemedics Volatility Alert
Psychemedics exhibits very low volatility with skewness of 0.17 and kurtosis of 4.91. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Psychemedics' pink sheet risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact Psychemedics' pink sheet price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different financial instruments as prices fall.Psychemedics Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Psychemedics . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
| Daily Balance Of Power | (9,223,372,036,855) | |||
| Rate Of Daily Change | 0.99 | |||
| Day Median Price | 1.59 | |||
| Day Typical Price | 1.59 | |||
| Price Action Indicator | (0.01) | |||
| Period Momentum Indicator | (0.01) | |||
| Relative Strength Index | 18.87 |
| Symbol | PMDI |
| Name | Psychemedics |
| Type | Pink Sheet |
| Country | United States |
| Exchange | PINK |
Analyst Recommendation is not found for Psychemedics at this timeWe are unable to locate Psychemedics analyst recommendation at this time. If you believe the equity you are trying to look up is valid, please let us know, and we will check it out.Try Macroaxis Advice
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