Precipio Stock Performance
| PRPO Stock | USD 6.87 0.40 6.18% |
On a scale of 0 to 100, Precipio holds a performance score of 6. The company holds a Beta of 0.25, which implies not very significant fluctuations relative to the market. As returns on the market increase, Precipio's returns are expected to increase less than the market. However, during the bear market, the loss of holding Precipio is expected to be smaller as well. Please check Precipio's potential upside, and the relationship between the total risk alpha and kurtosis , to make a quick decision on whether Precipio's historical price patterns will revert.
Risk-Adjusted Performance
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Modest
Compared to the overall equity markets, risk-adjusted returns on investments in Precipio are ranked lower than 6 (%) of all global equities and portfolios over the last 90 days. In spite of very weak basic indicators, Precipio displayed solid returns over the last few months and may actually be approaching a breakup point. ...more
| Begin Period Cash Flow | 3.4 M | |
| Free Cash Flow | -3.7 M |
Precipio |
Precipio Relative Risk vs. Return Landscape
If you would invest 615.00 in Precipio on November 3, 2024 and sell it today you would earn a total of 72.20 from holding Precipio or generate 11.74% return on investment over 90 days. Precipio is currently generating 0.2243% in daily expected returns and assumes 2.9378% risk (volatility on return distribution) over the 90 days horizon. In different words, 26% of stocks are less volatile than Precipio, and 96% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
| Risk |
Precipio Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Precipio's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Precipio, and traders can use it to determine the average amount a Precipio's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.0763
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Estimated Market Risk
| 2.94 actual daily | 26 74% of assets are more volatile |
Expected Return
| 0.22 actual daily | 4 96% of assets have higher returns |
Risk-Adjusted Return
| 0.08 actual daily | 6 94% of assets perform better |
Based on monthly moving average Precipio is performing at about 6% 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 Precipio by adding it to a well-diversified portfolio.
Precipio Fundamentals Growth
Precipio Stock prices reflect investors' perceptions of the future prospects and financial health of Precipio, and Precipio fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Precipio Stock performance.
| Return On Equity | -0.29 | ||||
| Return On Asset | -0.19 | ||||
| Profit Margin | (0.23) % | ||||
| Operating Margin | (0.27) % | ||||
| Current Valuation | 9.82 M | ||||
| Shares Outstanding | 1.48 M | ||||
| Price To Earning | (1.14) X | ||||
| Price To Book | 0.80 X | ||||
| Price To Sales | 0.57 X | ||||
| Revenue | 15.2 M | ||||
| EBITDA | (4.32 M) | ||||
| Cash And Equivalents | 7.47 M | ||||
| Cash Per Share | 0.33 X | ||||
| Total Debt | 1.12 M | ||||
| Debt To Equity | 0.06 % | ||||
| Book Value Per Share | 10.16 X | ||||
| Cash Flow From Operations | (3.56 M) | ||||
| Earnings Per Share | (1.81) X | ||||
| Total Asset | 18.1 M | ||||
| Retained Earnings | (98.15 M) | ||||
About Precipio Performance
By examining Precipio's fundamental ratios, stakeholders can obtain critical insights into Precipio's financial health, operational efficiency, and overall profitability. These insights assist in making well-informed investment and management decisions. For example, a high Return on Assets and Return on Equity would indicate that Precipio is effectively utilizing its assets and equity to generate significant profits, enhancing its appeal to investors. On the other hand, low ROA and ROE values could reveal issues in asset and equity management, highlighting the need for operational improvements.
Precipio, Inc., a healthcare solutions company, provides diagnostic products, reagents, and services in the United States. Precipio, Inc. has collaborations with academic institutions specializing in cancer research, diagnostics, and treatment. Precipio operates under Diagnostics Research classification in the United States and is traded on NASDAQ Exchange. It employs 55 people.Things to note about Precipio performance evaluation
Checking the ongoing alerts about Precipio for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Precipio help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Precipio has high likelihood to experience some financial distress in the next 2 years | |
| The company reported the previous year's revenue of 15.2 M. Net Loss for the year was (5.85 M) with profit before overhead, payroll, taxes, and interest of 2.39 M. | |
| Precipio currently holds about 7.47 M in cash with (3.56 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.33. | |
| Roughly 13.0% of the company outstanding shares are owned by corporate insiders |
- Analyzing Precipio's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Precipio's stock is overvalued or undervalued compared to its peers.
- Examining Precipio's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Precipio's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Precipio's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Precipio's stock. These opinions can provide insight into Precipio's potential for growth and whether the stock is currently undervalued or overvalued.
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 Alpha Finder module to use alpha and beta coefficients to find investment opportunities after accounting for the risk.
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.
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.