Precipio Stock Price on September 19, 2024
| PRPO Stock | USD 5.95 0.05 0.85% |
Below is the normalized historical share price chart for Precipio extending back to July 18, 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 Precipio stands at 5.95, as last reported on the 26th of November, with the highest price reaching 5.95 and the lowest price hitting 5.87 during the day.
If you're considering investing in Precipio Stock, it is important to understand the factors that can impact its price. Precipio maintains Sharpe Ratio (i.e., Efficiency) of -0.0114, which implies the firm had a -0.0114% return per unit of risk over the last 3 months. Precipio exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Precipio's Risk Adjusted Performance of (0.04), coefficient of variation of (1,573), and Variance of 7.73 to confirm the risk estimate we provide.
At this time, Precipio's Total Stockholder Equity is very stable compared to the past year. As of the 26th of November 2024, Common Stock Shares Outstanding is likely to grow to about 1.4 M, while Common Stock is likely to drop about 13.3 K. . At this time, Precipio's Price Book Value Ratio is very stable compared to the past year. As of the 26th of November 2024, Price To Book Ratio is likely to grow to 0.99, while Price To Sales Ratio is likely to drop 0.53. Precipio Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 18th of July 2000 | 200 Day MA 6.0536 | 50 Day MA 6.4592 | Beta 1.424 |
Precipio |
Sharpe Ratio = -0.0114
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| Negative Returns | PRPO |
Estimated Market Risk
| 2.65 actual daily | 23 77% of assets are more volatile |
Expected Return
| -0.03 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.01 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Precipio 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 Precipio by adding Precipio to a well-diversified portfolio.
Price Book 0.7322 | Enterprise Value Ebitda (1.15) | Price Sales 0.5231 | Shares Float 1.3 M | Wall Street Target Price 19 |
Precipio Valuation on September 19, 2024
It is possible to determine the worth of Precipio on a given historical date. On September 19, 2024 Precipio was worth 6.76 at the beginning of the trading date compared to the closed value of 6.27. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Precipio stock. Still, in general, we apply an absolute valuation method to find Precipio'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 Precipio where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Precipio's related companies.
| Open | High | Low | Close | Volume | |
| 6.23 | 6.73 | 6.23 | 6.29 | 17,946 | |
09/19/2024 | 6.76 | 6.76 | 6.27 | 6.27 | 1,229 |
| 6.65 | 6.68 | 6.65 | 6.68 | 5,244 |
| Backtest Precipio | | | Precipio History | | | Precipio Valuation | Previous | Next |
Precipio Trading Date Momentum on September 19, 2024
| On September 20 2024 Precipio was traded for 6.68 at the closing time. The top price for the day was 6.68 and the lowest listed price was 6.65 . The trading volume for the day was 5.2 K. The trading history from September 20, 2024 was a factor to the next trading day price boost. The trading delta at closing time against the next closing price was 6.54% . The trading delta at closing time against the current closing price is 1.28% . |
Precipio Fundamentals Correlations and Trends
By evaluating Precipio'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 Precipio's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Precipio financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Precipio Stock history
Precipio 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 Precipio is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Precipio 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 Precipio stock prices may prove useful in developing a viable investing in Precipio
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 1.3 M | 1.4 M | |
| Net Loss | -9.8 M | -10.3 M |
Precipio Stock Technical Analysis
Precipio 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
Precipio Period Price Range
Low | November 26, 2024
| High |
0.00 | 0.00 |
Precipio 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.
Precipio November 26, 2024 Market Strength
Market strength indicators help investors to evaluate how Precipio stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Precipio shares will generate the highest return on investment. By undertsting and applying Precipio stock market strength indicators, traders can identify Precipio entry and exit signals to maximize returns
Precipio Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Precipio's price direction in advance. Along with the technical and fundamental analysis of Precipio Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Precipio 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 | (0.04) | |||
| Jensen Alpha | (0.21) | |||
| Total Risk Alpha | (0.62) | |||
| Treynor Ratio | (1.10) |
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Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Precipio. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in american community survey. To learn how to invest in Precipio Stock, please use our How to Invest in Precipio guide.You can also try the Portfolio Comparator module to compare the composition, asset allocations and performance of any two portfolios in your account.
Is Health Care Providers & Services 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 Precipio. If investors know Precipio 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 Precipio listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (1.81) | Revenue Per Share 11.73 | Quarterly Revenue Growth 0.257 | Return On Assets (0.19) | Return On Equity (0.29) |
The market value of Precipio is measured differently than its book value, which is the value of Precipio that is recorded on the company's balance sheet. Investors also form their own opinion of Precipio's value that differs from its market value or its book value, called intrinsic value, which is Precipio'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 Precipio's market value can be influenced by many factors that don't directly affect Precipio'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 Precipio's value and its price as these two are different measures arrived at by different means. Investors typically determine if Precipio is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Precipio'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.