Psychemedics Stock Price on November 27, 2024
| PMD Stock | USD 2.71 0.17 6.69% |
Below is the normalized historical share price chart for Psychemedics extending back to January 22, 1987. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Psychemedics stands at 2.71, as last reported on the 11th of December 2024, with the highest price reaching 2.78 and the lowest price hitting 2.57 during the day.
If you're considering investing in Psychemedics Stock, it is important to understand the factors that can impact its price. Psychemedics appears to be dangerous, given 3 months investment horizon. Psychemedics maintains Sharpe Ratio (i.e., Efficiency) of 0.0695, which implies the firm had a 0.0695% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Psychemedics, which you can use to evaluate the volatility of the company. Please evaluate Psychemedics' Risk Adjusted Performance of 0.0604, coefficient of variation of 1395.93, and Semi Deviation of 3.29 to confirm if our risk estimates are consistent with your expectations.
At present, Psychemedics' Liabilities And Stockholders Equity is projected to increase significantly based on the last few years of reporting. The current year's Common Stock Total Equity is expected to grow to about 32.4 K, whereas Other Stockholder Equity is forecasted to decline to about 23.3 M. . As of December 11, 2024, Price To Sales Ratio is expected to decline to 0.73. The current year's Price Earnings Ratio is expected to grow to -3.89. Psychemedics Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 17th of February 1994 | 200 Day MA 2.469 | 50 Day MA 2.3617 | Beta 0.674 |
Psychemedics |
Sharpe Ratio = 0.0695
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 5.44 actual daily | 48 52% of assets are more volatile |
Expected Return
| 0.38 actual daily | 7 93% of assets have higher returns |
Risk-Adjusted Return
| 0.07 actual daily | 5 95% of assets perform better |
Based on monthly moving average Psychemedics is performing at about 5% of its full potential. 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 Psychemedics by adding it to a well-diversified portfolio.
Price Book 2.7492 | Enterprise Value Ebitda 12.9063 | Price Sales 0.7685 | Shares Float 4.3 M | Wall Street Target Price 32 |
Psychemedics Valuation on November 27, 2024
It is possible to determine the worth of Psychemedics on a given historical date. On November 27, 2024 Psychemedics was worth 2.34 at the beginning of the trading date compared to the closed value of 2.34. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Psychemedics stock. Still, in general, we apply an absolute valuation method to find Psychemedics' 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 Psychemedics where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Psychemedics' related companies.
| Open | High | Low | Close | Volume | |
| 2.34 | 2.34 | 2.33 | 2.34 | 11,671 | |
11/27/2024 | 2.34 | 2.35 | 2.34 | 2.34 | 14,221 |
| 2.34 | 2.34 | 2.32 | 2.33 | 23,288 |
| Backtest Psychemedics | | | Psychemedics History | | | Psychemedics Valuation | Previous | Next |
Psychemedics Trading Date Momentum on November 27, 2024
| On November 29 2024 Psychemedics was traded for 2.33 at the closing time. Highest Psychemedics's price during the trading hours was 2.34 and the lowest price during the day was 2.32 . The net volume was 23.3 K. The overall trading history on the 29th of November contributed to the next trading period price depreciation. The trading delta at closing time to the next next day price was 0.43% . The trading delta at closing time to current price is 37.18% . |
Psychemedics Fundamentals Correlations and Trends
By evaluating Psychemedics' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Psychemedics' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Psychemedics financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Psychemedics Stock history
Psychemedics 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 Psychemedics is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Psychemedics 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 Psychemedics stock prices may prove useful in developing a viable investing in Psychemedics
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 5.7 M | 5.4 M | |
| Net Loss | -975.6 K | -926.8 K |
Psychemedics Quarterly Net Working Capital |
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Psychemedics Stock Technical Analysis
Psychemedics 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
Psychemedics Period Price Range
Low | December 11, 2024
| High |
0.00 | 0.00 |
Psychemedics 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.
Psychemedics December 11, 2024 Market Strength
Market strength indicators help investors to evaluate how Psychemedics stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Psychemedics shares will generate the highest return on investment. By undertsting and applying Psychemedics stock market strength indicators, traders can identify Psychemedics entry and exit signals to maximize returns
Psychemedics Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Psychemedics' price direction in advance. Along with the technical and fundamental analysis of Psychemedics Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Psychemedics 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 | 0.0604 | |||
| Jensen Alpha | 0.3739 | |||
| Total Risk Alpha | (0.47) | |||
| Sortino Ratio | 0.0528 | |||
| Treynor Ratio | (14.38) |
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| Volume Indicators |
Complementary Tools for Psychemedics Stock analysis
When running Psychemedics' price analysis, check to measure Psychemedics' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Psychemedics is operating at the current time. Most of Psychemedics' value examination focuses on studying past and present price action to predict the probability of Psychemedics' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Psychemedics' price. Additionally, you may evaluate how the addition of Psychemedics to your portfolios can decrease your overall portfolio volatility.
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