Prenetics Global Stock Buy Hold or Sell Recommendation
| PRE Stock | USD 4.51 0.09 2.04% |
Considering the 90-day investment horizon and your highly speculative risk level, our recommendation regarding Prenetics Global is 'Strong Sell'. Macroaxis provides Prenetics Global buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding PRE positions.
Check out Prenetics Global Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. For information on how to trade Prenetics Stock refer to our How to Trade Prenetics Stock guide. Note, we conduct extensive research on individual companies such as Prenetics and provide practical buy, sell, or hold advice based on investors' constraints. Prenetics Global. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.
Prenetics |
Execute Prenetics Global Buy or Sell Advice
The Prenetics recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Prenetics Global. Macroaxis does not own or have any residual interests in Prenetics Global or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Prenetics Global's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Strong Sell
Market Performance | Weak | Details | |
Volatility | Unstable | Details | |
Hype Condition | Stale | Details | |
Current Valuation | Undervalued | Details | |
Odds Of Distress | Low | Details | |
Economic Sensitivity | Very regressive towards the market | Details | |
Investor Sentiment | Interested | Details | |
Analyst Consensus | Strong Buy | Details | |
Financial Strenth (F Score) | Frail | Details | |
Financial Leverage | Not Rated | Details | |
Reporting Quality (M-Score) | Unlikely Manipulator | Details |
Prenetics Global Trading Alerts and Improvement Suggestions
| Prenetics Global had very high historical volatility over the last 90 days | |
| The company reported the last year's revenue of 21.74 M. Reported Net Loss for the year was (64.78 M) with profit before taxes, overhead, and interest of 131.55 M. | |
| Prenetics Global has about 176.27 M in cash with (13.76 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.59. | |
| Prenetics Global has a frail financial position based on the latest SEC disclosures | |
| Roughly 21.0% of the company outstanding shares are owned by corporate insiders | |
| Latest headline from globenewswire.com: Stack Capital Group Inc. Completes Final Tranche of a Total 16.7 Million Best Efforts Financing |
Prenetics Global Returns Distribution Density
The distribution of Prenetics Global's historical returns is an attempt to chart the uncertainty of Prenetics Global's future price movements. The chart of the probability distribution of Prenetics Global daily returns describes the distribution of returns around its average expected value. We use Prenetics Global price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Prenetics Global returns is essential to provide solid investment advice for Prenetics Global.
| Mean Return | -0.05 | Value At Risk | -7.4 | Potential Upside | 9.93 | Standard Deviation | 5.69 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Prenetics Global 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.
Prenetics Stock Institutional Investors
| Shares | Prudential Corp Plc | 2024-06-30 | 483 K | Aspex Management (hk) Ltd | 2024-06-30 | 346.1 K | Nomura Holdings Inc | 2024-06-30 | 323 K | Ubs Group Ag | 2024-06-30 | 40.1 K | Aspire Private Capital, Llc | 2024-09-30 | 114 | Bank Of America Corp | 2024-06-30 | 111 | Wolverine Asset Management Llc | 2024-09-30 | 1.0 | Yu Fan | 2024-06-30 | 0.0 | Advisor Group Holdings, Inc. | 2024-06-30 | 0.0 |
Prenetics Global 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 Prenetics Global or Insurance 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 Prenetics Global's price will be affected by overall stock 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 Prenetics stock'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 | 0.13 | |
β | Beta against Dow Jones | -1.61 | |
σ | Overall volatility | 5.70 | |
Ir | Information ratio | -0.03 |
Prenetics Global Volatility Alert
Prenetics Global exhibits very low volatility with skewness of 0.98 and kurtosis of 1.54. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Prenetics Global's stock risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact Prenetics Global's stock 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.Prenetics Global Fundamentals Vs Peers
Comparing Prenetics Global's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze Prenetics Global's direct or indirect competition across all of the common fundamentals between Prenetics Global and the related equities. This way, we can detect undervalued stocks with similar characteristics as Prenetics Global or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Prenetics Global's fundamental indicators could also be used in its relative valuation, which is a method of valuing Prenetics Global by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare Prenetics Global to competition |
| Fundamentals | Prenetics Global | Peer Average |
| Return On Equity | -0.22 | -0.31 |
| Return On Asset | -0.1 | -0.14 |
| Profit Margin | (2.20) % | (1.27) % |
| Operating Margin | (1.79) % | (5.51) % |
| Current Valuation | 5.37 M | 16.62 B |
| Shares Outstanding | 10.64 M | 571.82 M |
| Shares Owned By Insiders | 21.40 % | 10.09 % |
| Shares Owned By Institutions | 13.18 % | 39.21 % |
| Number Of Shares Shorted | 38.69 K | 4.71 M |
| Price To Earning | 144.87 X | 28.72 X |
| Price To Book | 0.29 X | 9.51 X |
| Price To Sales | 2.43 X | 11.42 X |
| Revenue | 21.74 M | 9.43 B |
| Gross Profit | 131.55 M | 27.38 B |
| EBITDA | (47.9 M) | 3.9 B |
| Net Income | (64.78 M) | 570.98 M |
| Cash And Equivalents | 176.27 M | 2.7 B |
| Cash Per Share | 1.59 X | 5.01 X |
| Total Debt | 2.37 M | 5.32 B |
| Debt To Equity | 0.07 % | 48.70 % |
| Current Ratio | 5.05 X | 2.16 X |
| Book Value Per Share | 15.40 X | 1.93 K |
| Cash Flow From Operations | (13.76 M) | 971.22 M |
| Short Ratio | 2.02 X | 4.00 X |
| Earnings Per Share | (3.47) X | 3.12 X |
| Target Price | 9.0 | |
| Number Of Employees | 320 | 18.84 K |
| Beta | -0.21 | -0.15 |
| Market Capitalization | 55.1 M | 19.03 B |
| Total Asset | 254.17 M | 29.47 B |
| Retained Earnings | (470.77 M) | 9.33 B |
| Working Capital | 54.18 M | 1.48 B |
| Net Asset | 254.17 M |
Note: Acquisition by Desmet Laurie of 981 shares of Prenetics Global subject to Rule 16b-3 [view details]
Prenetics Global Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Prenetics . 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.
About Prenetics Global Buy or Sell Advice
When is the right time to buy or sell Prenetics Global? Buying financial instruments such as Prenetics Stock isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.
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In addition to having Prenetics Global in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
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Check out Prenetics Global Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. For information on how to trade Prenetics Stock refer to our How to Trade Prenetics Stock guide.You can also try the Equity Analysis module to research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities.
Is Reinsurance 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 Prenetics Global. If investors know Prenetics 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 Prenetics Global listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (3.47) | Revenue Per Share 1.878 | Quarterly Revenue Growth 0.043 | Return On Assets (0.10) | Return On Equity (0.22) |
The market value of Prenetics Global is measured differently than its book value, which is the value of Prenetics that is recorded on the company's balance sheet. Investors also form their own opinion of Prenetics Global's value that differs from its market value or its book value, called intrinsic value, which is Prenetics Global'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 Prenetics Global's market value can be influenced by many factors that don't directly affect Prenetics Global'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 Prenetics Global's value and its price as these two are different measures arrived at by different means. Investors typically determine if Prenetics Global is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Prenetics Global'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.