Prokidney Corp Stock Price on September 4, 2024
| PROK Stock | USD 1.69 0.05 2.87% |
If you're considering investing in ProKidney Stock, it is important to understand the factors that can impact its price. As of today, the current price of ProKidney Corp stands at 1.69, as last reported on the 25th of November, with the highest price reaching 1.75 and the lowest price hitting 1.61 during the day. ProKidney Corp maintains Sharpe Ratio (i.e., Efficiency) of -0.038, which implies the firm had a -0.038% return per unit of risk over the last 3 months. ProKidney Corp exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check ProKidney Corp's Risk Adjusted Performance of (0.02), variance of 38.26, and Coefficient Of Variation of (3,217) to confirm the risk estimate we provide.
At this time, ProKidney Corp's Common Stock Shares Outstanding is quite stable compared to the past year. Other Stockholder Equity is expected to rise to about 64.5 M this year, although the value of Common Stock will most likely fall to about 21.9 K. . The value of Price Earnings Ratio is estimated to slide to -3.25. Price Book Value Ratio is expected to rise to -0.09 this year. ProKidney Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
ProKidney |
Sharpe Ratio = -0.038
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Estimated Market Risk
| 6.09 actual daily | 54 54% of assets are less volatile |
Expected Return
| -0.23 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.04 actual daily | 0 Most of other assets perform better |
Based on monthly moving average ProKidney Corp 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 ProKidney Corp by adding ProKidney Corp to a well-diversified portfolio.
Price Book 91.3172 | Book Value (7.66) | Enterprise Value -184.1 M | Enterprise Value Ebitda 2.1287 | Shares Float 69.5 M |
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ProKidney Corp Valuation on September 4, 2024
It is possible to determine the worth of ProKidney Corp on a given historical date. On September 4, 2024 ProKidney was worth 2.31 at the beginning of the trading date compared to the closed value of 2.18. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of ProKidney Corp stock. Still, in general, we apply an absolute valuation method to find ProKidney Corp'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 ProKidney Corp where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against ProKidney Corp's related companies.
| Open | High | Low | Close | Volume | |
| 2.42 | 2.45 | 2.32 | 2.40 | 497,191 | |
09/04/2024 | 2.31 | 2.40 | 2.17 | 2.18 | 335,574 |
| 2.20 | 2.39 | 2.07 | 2.37 | 409,115 |
| Backtest ProKidney Corp | | | ProKidney Corp History | | | ProKidney Corp Valuation | Previous | Next |
ProKidney Corp Trading Date Momentum on September 4, 2024
| On September 05 2024 ProKidney Corp was traded for 2.37 at the closing time. The top price for the day was 2.39 and the lowest listed price was 2.07 . The trading volume for the day was 409.1 K. The trading history from September 5, 2024 was a factor to the next trading day price upswing. The trading delta at closing time against the next closing price was 8.72% . The trading delta at closing time against the current closing price is 9.63% . |
ProKidney Corp Fundamentals Correlations and Trends
By evaluating ProKidney Corp'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 ProKidney Corp's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. ProKidney financial account trend analysis is a perfect complement when working with valuation or volatility modules.About ProKidney Corp Stock history
ProKidney Corp 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 ProKidney is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in ProKidney 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 ProKidney Corp stock prices may prove useful in developing a viable investing in ProKidney Corp
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 61.7 M | 92 M | |
| Net Loss | -169.4 M | -160.9 M |
ProKidney Corp Stock Technical Analysis
ProKidney Corp 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
ProKidney Corp Period Price Range
Low | November 25, 2024
| High |
0.00 | 0.00 |
ProKidney 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.
ProKidney Corp November 25, 2024 Market Strength
Market strength indicators help investors to evaluate how ProKidney Corp stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading ProKidney Corp shares will generate the highest return on investment. By undertsting and applying ProKidney Corp stock market strength indicators, traders can identify ProKidney Corp entry and exit signals to maximize returns
ProKidney Corp Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for ProKidney Corp's price direction in advance. Along with the technical and fundamental analysis of ProKidney Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of ProKidney 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 | (0.02) | |||
| Jensen Alpha | (0.67) | |||
| Total Risk Alpha | (1.18) | |||
| Treynor Ratio | (0.05) |
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Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in ProKidney Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons. For more information on how to buy ProKidney Stock please use our How to buy in ProKidney Stock guide.You can also try the Sync Your Broker module to sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors..
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 ProKidney Corp. If investors know ProKidney 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 ProKidney Corp listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.54) | Return On Assets (0.20) | Return On Equity (0.31) |
The market value of ProKidney Corp is measured differently than its book value, which is the value of ProKidney that is recorded on the company's balance sheet. Investors also form their own opinion of ProKidney Corp's value that differs from its market value or its book value, called intrinsic value, which is ProKidney Corp'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 ProKidney Corp's market value can be influenced by many factors that don't directly affect ProKidney Corp'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 ProKidney Corp's value and its price as these two are different measures arrived at by different means. Investors typically determine if ProKidney Corp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ProKidney Corp'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.