Pro Medicus (Australia) Price on November 13, 2024
| PME Stock | 228.41 1.59 0.69% |
Below is the normalized historical share price chart for Pro Medicus extending back to October 09, 2000. 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 Pro Medicus stands at 228.41, as last reported on the 27th of November, with the highest price reaching 233.71 and the lowest price hitting 227.05 during the day.
If you're considering investing in Pro Stock, it is important to understand the factors that can impact its price. Pro Medicus appears to be very steady, given 3 months investment horizon. Pro Medicus maintains Sharpe Ratio (i.e., Efficiency) of 0.41, which implies the firm had a 0.41% return per unit of risk over the last 3 months. By analyzing Pro Medicus' technical indicators, you can evaluate if the expected return of 0.71% is justified by implied risk. Please evaluate Pro Medicus' Semi Deviation of 1.19, risk adjusted performance of 0.3106, and Coefficient Of Variation of 250.66 to confirm if our risk estimates are consistent with your expectations.
At this time, Pro Medicus' Total Stockholder Equity is comparatively stable compared to the past year. Common Stock Total Equity is likely to gain to about 2.4 M in 2024, despite the fact that Sale Purchase Of Stock is likely to grow to (2.6 M). . Pro Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
200 Day MA 140.5629 | 50 Day MA 191.955 | Beta 0.542 |
Pro |
Sharpe Ratio = 0.4075
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Estimated Market Risk
| 1.73 actual daily | 15 85% of assets are more volatile |
Expected Return
| 0.71 actual daily | 14 86% of assets have higher returns |
Risk-Adjusted Return
| 0.41 actual daily | 32 68% of assets perform better |
Based on monthly moving average Pro Medicus is performing at about 32% 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 Pro Medicus by adding it to a well-diversified portfolio.
Price Book 128.0296 | Enterprise Value Ebitda 197.8782 | Price Sales 147.7924 | Shares Float 51 M | Dividend Share 0.4 |
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Pro Medicus Valuation on November 13, 2024
It is possible to determine the worth of Pro Medicus on a given historical date. On November 13, 2024 Pro was worth 201.52 at the beginning of the trading date compared to the closed value of 204.72. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Pro Medicus stock. Still, in general, we apply an absolute valuation method to find Pro Medicus' 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 Pro Medicus where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Pro Medicus' related companies.
| Open | High | Low | Close | Volume | |
| 202.55 | 205.74 | 200.74 | 204.63 | 145,788 | |
11/13/2024 | 201.52 | 205.24 | 200.90 | 204.72 | 109,052 |
| 205.50 | 207.99 | 202.67 | 204.86 | 139,069 |
| Backtest Pro Medicus | | | Pro Medicus History | | | Pro Medicus Valuation | Previous | Next |
Pro Medicus Trading Date Momentum on November 13, 2024
| On November 14 2024 Pro Medicus was traded for 204.86 at the closing time. The maximum traded price for the trading interval was 207.99 and the lowest daily price was 202.67 . The daily volume was recorded at 139.1 K. The volume of trading on 14th of November 2024 played a part in the next trading day price appreciation. The trading delta at closing time to the next closing price was 0.07% . The trading delta at closing time to the closing price today is 9.91% . |
Pro Medicus Fundamentals Correlations and Trends
By evaluating Pro Medicus' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Pro Medicus' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Pro financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Pro Medicus Stock history
Pro Medicus 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 Pro is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Pro Medicus 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 Pro Medicus stock prices may prove useful in developing a viable investing in Pro Medicus
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 104.7 M | 111.9 M | |
| Net Income Applicable To Common Shares | 69.7 M | 73.2 M |
Pro Medicus Quarterly Net Working Capital |
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Pro Medicus Stock Technical Analysis
Pro Medicus 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
Pro Medicus Period Price Range
Low | November 27, 2024
| High |
0.00 | 0.00 |
Pro Medicus cannot be verified against its exchange. Please verify the symbol is currently traded on Australian Securities 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.
Pro Medicus November 27, 2024 Market Strength
Market strength indicators help investors to evaluate how Pro Medicus stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Pro Medicus shares will generate the highest return on investment. By undertsting and applying Pro Medicus stock market strength indicators, traders can identify Pro Medicus entry and exit signals to maximize returns
Pro Medicus Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Pro Medicus' price direction in advance. Along with the technical and fundamental analysis of Pro Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Pro 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 | 0.3106 | |||
| Jensen Alpha | 0.6467 | |||
| Total Risk Alpha | 0.4069 | |||
| Sortino Ratio | 0.2949 | |||
| Treynor Ratio | 2.55 |
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Additional Tools for Pro Stock Analysis
When running Pro Medicus' price analysis, check to measure Pro Medicus' 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 Pro Medicus is operating at the current time. Most of Pro Medicus' value examination focuses on studying past and present price action to predict the probability of Pro Medicus' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Pro Medicus' price. Additionally, you may evaluate how the addition of Pro Medicus to your portfolios can decrease your overall portfolio volatility.