Precigen Stock Price on March 4, 2024
| PGEN Stock | USD 0.90 0.06 7.14% |
If you're considering investing in Precigen Stock, it is important to understand the factors that can impact its price. As of today, the current price of Precigen stands at 0.90, as last reported on the 25th of November, with the highest price reaching 0.97 and the lowest price hitting 0.89 during the day. Precigen maintains Sharpe Ratio (i.e., Efficiency) of -0.0813, which implies the firm had a -0.0813% return per unit of risk over the last 3 months. Precigen exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Precigen's Risk Adjusted Performance of (0.05), coefficient of variation of (1,230), and Variance of 14.61 to confirm the risk estimate we provide.
Precigen Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Precigen |
Sharpe Ratio = -0.0813
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Estimated Market Risk
| 3.82 actual daily | 34 66% of assets are more volatile |
Expected Return
| -0.31 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.08 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Precigen is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Precigen by adding Precigen to a well-diversified portfolio.
Precigen Valuation on March 4, 2024
It is possible to determine the worth of Precigen on a given historical date. On March 4, 2024 Precigen was worth 1.69 at the beginning of the trading date compared to the closed value of 1.63. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Precigen stock. Still, in general, we apply an absolute valuation method to find Precigen's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Precigen where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Precigen's related companies.
| Open | High | Low | Close | Volume | |
| 1.58 | 1.70 | 1.54 | 1.69 | 1,282,200 | |
03/04/2024 | 1.69 | 1.71 | 1.60 | 1.63 | 1,087,178 |
| 1.61 | 1.67 | 1.58 | 1.61 | 808,757 |
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Precigen Trading Date Momentum on March 4, 2024
| On March 05 2024 Precigen was traded for 1.61 at the closing time. The top price for the day was 1.67 and the lowest listed price was 1.58 . The trading volume for the day was 808.8 K. The trading history from March 5, 2024 was a factor to the next trading day price decrease. The trading delta at closing time against the next closing price was 1.23% . The trading delta at closing time against the current closing price is 5.52% . |
Precigen Fundamentals Correlations and Trends
By evaluating Precigen's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Precigen's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Precigen financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Precigen Stock history
Precigen investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Precigen is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Precigen will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Precigen stock prices may prove useful in developing a viable investing in Precigen
Precigen, Inc. discovers and develops the next generation of gene and cellular therapies in the United States. Precigen, Inc. was founded in 1998 and is based in Germantown, Maryland. Precigen operates under Biotechnology classification in the United States and is traded on NASDAQ Exchange. It employs 456 people.
Precigen Stock Technical Analysis
Precigen 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.
Price Boundaries
Precigen Period Price Range
Low | November 25, 2024
| High |
0.00 | 0.00 |
Precigen cannot be verified against its exchange. Please verify the symbol is currently traded on NASDAQ Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
Precigen November 25, 2024 Market Strength
Market strength indicators help investors to evaluate how Precigen stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Precigen shares will generate the highest return on investment. By undertsting and applying Precigen stock market strength indicators, traders can identify Precigen entry and exit signals to maximize returns
Precigen Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Precigen's price direction in advance. Along with the technical and fundamental analysis of Precigen Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Precigen to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | (0.05) | |||
| Jensen Alpha | (0.44) | |||
| Total Risk Alpha | (0.92) | |||
| Treynor Ratio | (0.32) |
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| Volume Indicators |
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Precigen. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income. To learn how to invest in Precigen Stock, please use our How to Invest in Precigen guide.You can also try the Price Transformation module to use Price Transformation models to analyze the depth of different equity instruments across global markets.
Is Biotechnology 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 Precigen. If investors know Precigen 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 Precigen listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Precigen is measured differently than its book value, which is the value of Precigen that is recorded on the company's balance sheet. Investors also form their own opinion of Precigen's value that differs from its market value or its book value, called intrinsic value, which is Precigen'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 Precigen's market value can be influenced by many factors that don't directly affect Precigen'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 Precigen's value and its price as these two are different measures arrived at by different means. Investors typically determine if Precigen is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Precigen'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.