Profound Medical Corp Stock Price on November 23, 2024
| PROF Stock | USD 7.55 0.03 0.40% |
Below is the normalized historical share price chart for Profound Medical Corp extending back to June 09, 2016. 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 Profound Medical stands at 7.55, as last reported on the 23rd of November, with the highest price reaching 7.78 and the lowest price hitting 7.43 during the day.
If you're considering investing in Profound Stock, it is important to understand the factors that can impact its price. Profound Medical Corp maintains Sharpe Ratio (i.e., Efficiency) of -0.0848, which implies the firm had a -0.0848% return per unit of risk over the last 3 months. Profound Medical Corp exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Profound Medical's Risk Adjusted Performance of (0.07), coefficient of variation of (1,002), and Variance of 9.52 to confirm the risk estimate we provide.
At this time, Profound Medical's Liabilities And Stockholders Equity is most likely to increase significantly in the upcoming years. The Profound Medical's current Other Stockholder Equity is estimated to increase to about 32.6 M, while Common Stock is projected to decrease to roughly 135.6 M. . At this time, Profound Medical's Price Sales Ratio is most likely to increase significantly in the upcoming years. Profound Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 9th of June 2016 | 200 Day MA 8.3964 | 50 Day MA 7.7599 | Beta 0.83 |
Profound |
Sharpe Ratio = -0.0848
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Estimated Market Risk
| 3.1 actual daily | 27 73% of assets are more volatile |
Expected Return
| -0.26 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 Profound Medical 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 Profound Medical by adding Profound Medical to a well-diversified portfolio.
Price Book 5.9701 | Enterprise Value Ebitda (5.75) | Price Sales 20.7242 | Shares Float 22.3 M | Wall Street Target Price 15.1667 |
Profound Medical Valuation on November 23, 2024
It is possible to determine the worth of Profound Medical on a given historical date. On November 23, 2024 Profound was worth 7.52 at the beginning of the trading date compared to the closed value of 7.55. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Profound Medical stock. Still, in general, we apply an absolute valuation method to find Profound Medical'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 Profound Medical where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Profound Medical's related companies.
| Open | High | Low | Close | Volume | |
| 7.63 | 7.77 | 7.41 | 7.52 | 23,147 | |
11/22/2024 | 7.52 | 7.78 | 7.43 | 7.55 | 44,229 |
| Backtest Profound Medical | | | Profound Medical History | | | Profound Medical Valuation | Previous |
Profound Medical Trading Date Momentum on November 23, 2024
| On November 22 2024 Profound Medical Corp was traded for 7.55 at the closing time. The top price for the day was 7.78 and the lowest listed price was 7.43 . The trading volume for the day was 44.2 K. The trading history from November 22, 2024 did not cause price change. The trading delta at closing time against the current closing price is 0.40% . |
Profound Medical Corp Fundamentals Correlations and Trends
By evaluating Profound Medical'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 Profound Medical's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Profound financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Profound Medical Stock history
Profound Medical 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 Profound is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Profound Medical Corp 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 Profound Medical stock prices may prove useful in developing a viable investing in Profound Medical
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 21.2 M | 12.5 M | |
| Net Loss | -25.8 M | -27.1 M |
Profound Medical Quarterly Net Working Capital |
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Profound Medical Stock Technical Analysis
Profound Medical 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
Profound Medical Period Price Range
Low | November 23, 2024
| High |
0.00 | 0.00 |
Profound Medical Corp 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.
Profound Medical November 23, 2024 Market Strength
Market strength indicators help investors to evaluate how Profound Medical stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Profound Medical shares will generate the highest return on investment. By undertsting and applying Profound Medical stock market strength indicators, traders can identify Profound Medical Corp entry and exit signals to maximize returns
Profound Medical Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Profound Medical's price direction in advance. Along with the technical and fundamental analysis of Profound Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Profound 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 | (0.07) | |||
| Jensen Alpha | (0.37) | |||
| Total Risk Alpha | (0.72) | |||
| Treynor Ratio | (0.57) |
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Complementary Tools for Profound Stock analysis
When running Profound Medical's price analysis, check to measure Profound Medical'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 Profound Medical is operating at the current time. Most of Profound Medical's value examination focuses on studying past and present price action to predict the probability of Profound Medical's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Profound Medical's price. Additionally, you may evaluate how the addition of Profound Medical to your portfolios can decrease your overall portfolio volatility.
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