Prenetics Global Stock Price on March 20, 2023
| PRE Stock | USD 5.16 0.05 0.96% |
If you're considering investing in Prenetics Stock, it is important to understand the factors that can impact its price. As of today, the current price of Prenetics Global stands at 5.16, as last reported on the 11th of December 2024, with the highest price reaching 5.22 and the lowest price hitting 5.16 during the day. Prenetics Global appears to be unstable, given 3 months investment horizon. Prenetics Global maintains Sharpe Ratio (i.e., Efficiency) of 0.0701, which implies the firm had a 0.0701% return per unit of risk over the last 3 months. We have found thirty technical indicators for Prenetics Global, which you can use to evaluate the volatility of the company. Please evaluate Prenetics Global's Coefficient Of Variation of 1625.5, risk adjusted performance of 0.0531, and Semi Deviation of 3.93 to confirm if our risk estimates are consistent with your expectations.
At present, Prenetics Global's Stock Based Compensation is projected to increase significantly based on the last few years of reporting. The current year's Stock Based Compensation To Revenue is expected to grow to 0.51, whereas Preferred Stock Total Equity is forecasted to decline to about 24.8 M. . As of December 11, 2024, Price To Sales Ratio is expected to decline to 2.90. In addition to that, Price Earnings Ratio is expected to decline to -1.11. Prenetics Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Prenetics |
Sharpe Ratio = 0.0701
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Estimated Market Risk
| 5.27 actual daily | 46 54% of assets are more volatile |
Expected Return
| 0.37 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 Prenetics Global 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 Prenetics Global by adding it to a well-diversified portfolio.
Price Book 0.3525 | Enterprise Value Ebitda 0.1429 | Price Sales 2.7952 | Shares Float 8.2 M | Wall Street Target Price 9 |
Prenetics Global Valuation on March 20, 2023
It is possible to determine the worth of Prenetics Global on a given historical date. On March 20, 2023 Prenetics was worth 11.93 at the beginning of the trading date compared to the closed value of 12.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Prenetics Global stock. Still, in general, we apply an absolute valuation method to find Prenetics Global'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 Prenetics Global where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Prenetics Global's related companies.
| Open | High | Low | Close | Volume | |
| 12.60 | 12.75 | 11.70 | 11.92 | 80,855 | |
03/20/2023 | 11.93 | 13.05 | 11.72 | 12.00 | 1,017,818 |
| 12.00 | 13.50 | 12.00 | 13.05 | 211,797 |
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Prenetics Global Trading Date Momentum on March 20, 2023
| On March 21 2023 Prenetics Global was traded for 13.05 at the closing time. Highest Prenetics Global's price during the trading hours was 13.50 and the lowest price during the day was 12.00 . The net volume was 211.8 K. The overall trading history on the 21st of March contributed to the next trading period price growth. The trading delta at closing time to the next next day price was 8.75% . The trading delta at closing time to current price is 2.50% . |
Prenetics Global Fundamentals Correlations and Trends
By evaluating Prenetics Global'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 Prenetics Global's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Prenetics financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Prenetics Global Stock history
Prenetics Global 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 Prenetics is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Prenetics Global 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 Prenetics Global stock prices may prove useful in developing a viable investing in Prenetics Global
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 11.2 M | 10.7 M | |
| Net Loss | -171.4 M | -162.8 M |
Prenetics Global Quarterly Net Working Capital |
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Prenetics Global Stock Technical Analysis
Prenetics Global 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
Prenetics Global Period Price Range
Low | December 11, 2024
| High |
0.00 | 0.00 |
Prenetics Global 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.
Prenetics Global December 11, 2024 Market Strength
Market strength indicators help investors to evaluate how Prenetics Global stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Prenetics Global shares will generate the highest return on investment. By undertsting and applying Prenetics Global stock market strength indicators, traders can identify Prenetics Global entry and exit signals to maximize returns
Prenetics Global Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Prenetics Global's price direction in advance. Along with the technical and fundamental analysis of Prenetics Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Prenetics 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 | 0.0531 | |||
| Jensen Alpha | 0.4287 | |||
| Total Risk Alpha | (0.52) | |||
| Sortino Ratio | 0.0442 | |||
| Treynor Ratio | (0.31) |
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Complementary Tools for Prenetics Stock analysis
When running Prenetics Global's price analysis, check to measure Prenetics Global's 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 Prenetics Global is operating at the current time. Most of Prenetics Global's value examination focuses on studying past and present price action to predict the probability of Prenetics Global's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Prenetics Global's price. Additionally, you may evaluate how the addition of Prenetics Global to your portfolios can decrease your overall portfolio volatility.
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