Precipio Stock Alpha and Beta Analysis
| PRPO Stock | USD 5.94 0.22 3.85% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Precipio. It also helps investors analyze the systematic and unsystematic risks associated with investing in Precipio over a specified time horizon. Remember, high Precipio's alpha is almost always a sign of good performance; however, a high beta will depend on investors' risk tolerance level and may signal increased volatility and potential future overvaluation. Key technical indicators related to Precipio's market risk premium analysis include:
Beta 0.2 | Alpha (0.13) | Risk 2.62 | Sharpe Ratio (0.08) | Expected Return (0.20) |
Enterprise Value |
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Alpha is a measure of relative performance on a risk-adjusted basis, while beta measures volatility against the benchmark. The goal is to know if an investor is being compensated for the volatility risk taken. The return on investment might be better than its reference but still not compensate for the assumption of the risk.
Precipio |
Precipio Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Precipio market risk premium is the additional return an investor will receive from holding Precipio long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Precipio. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Alpha and beta are two of the key measurements used to evaluate Precipio's performance over market.| α | -0.13 | β | 0.20 |
Precipio expected buy-and-hold returns
Although buy-and-hold investment strategy may not appeal to all investors, it may be used as a good measure of Precipio's Buy-and-hold return. Our buy-and-hold chart shows how Precipio performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.Precipio Market Price Analysis
Market price analysis indicators help investors to evaluate how Precipio stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Precipio shares will generate the highest return on investment. By understating and applying Precipio stock market price indicators, traders can identify Precipio position entry and exit signals to maximize returns.
Precipio Return and Market Media
The median price of Precipio for the period between Sat, Aug 31, 2024 and Fri, Nov 29, 2024 is 6.4 with a coefficient of variation of 4.43. The daily time series for the period is distributed with a sample standard deviation of 0.28, arithmetic mean of 6.4, and mean deviation of 0.23. The Stock received substential amount of media coverage during this period. Price Growth (%) |
| Timeline |
1 | Precipio Announces Employee Stock Option Plan Repricing | 09/06/2024 |
2 | Disposition of tradable shares by Laporte Kathleen of Precipio at 123.0 subject to Rule 16b-3 | 10/04/2024 |
3 | Precipio Expands Bloodhound MPN Panel by Adding CALR Mutation Subtyping | 10/08/2024 |
4 | Acquisition by Andrews Ronald Asbury of 1510 shares of Precipio at 6.62 subject to Rule 16b-3 | 10/15/2024 |
5 | Precipio Announces Q3-2024 Shareholder Update Call | 11/06/2024 |
6 | Disposition of 2000 shares by Sandberg Richard A of Precipio at 6.279 subject to Rule 16b-3 | 11/11/2024 |
7 | Precipio, Inc. Director Richard A. Sandberg Sells 2,000 Shares | 11/13/2024 |
8 | Precipio Inc Q3 2024 Earnings Call Highlights Strong Growth in Diagnostic Services and ... | 11/20/2024 |
9 | Acquisition by Valauri Christina Rizopoulos of 1472 shares of Precipio at 6.62 subject to Rule 16b-3 | 11/22/2024 |
10 | Two Smaller Companies Worthy of Your Attention | 11/25/2024 |
About Precipio Beta and Alpha
For many years both, Alpha and Beta indicators are used by professional money managers as critical performance measurement tools across virtually all financial instruments including Precipio or other stocks. Alpha measures the amount that position in Precipio has returned in comparison to a selected market index or another relevant benchmark. In other words, Alpha is the excess return on an investment relative to the performance of your selected benchmark. Beta, on the other hand, measures the relative risk of your investment.
| 2021 | 2022 | 2023 | 2024 (projected) | Payables Turnover | 3.47 | 3.38 | 14.76 | 15.5 | Days Of Inventory On Hand | 31.88 | 37.44 | 15.27 | 14.51 |
Precipio Upcoming Company Events
As portrayed in its financial statements, the presentation of Precipio's financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Precipio's leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of Precipio's public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of Precipio. Please utilize our Beneish M Score to check the likelihood of Precipio's management manipulating its earnings.
| 4th of April 2024 Upcoming Quarterly Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View |
Build Portfolio with Precipio
Your optimized portfolios are the building block of your wealth. We provide an intuitive interface to determine which securities in a portfolio should be removed or rebalanced to achieve better diversification, find the right mix of securities that minimizes portfolio risk for a given return, or maximize portfolio expected return for a given risk level.Build Diversified Portfolios
Align your risk with return expectations
Check out Precipio Backtesting, Precipio Valuation, Precipio Correlation, Precipio Hype Analysis, Precipio Volatility, Precipio History and analyze Precipio Performance. To learn how to invest in Precipio Stock, please use our How to Invest in Precipio guide.You can also try the Global Correlations module to find global opportunities by holding instruments from different markets.
Precipio technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.