Protagenic Therapeutics Trading Up 1.4 percent - Defense World
| PTIX Stock | USD 0.65 0.04 6.56% |
Slightly above 55% of Protagenic Therapeutics' investors are presently thinking to get in. The analysis of the overall investor sentiment regarding Protagenic Therapeutics suggests that some traders are interested. Protagenic Therapeutics' investing sentiment can be driven by a variety of factors including economic data, Protagenic Therapeutics' earnings reports, geopolitical events, and overall market trends.
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Protagenic Therapeutics Trading Up 1.4 Defense World
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Protagenic Therapeutics Fundamental Analysis
We analyze Protagenic Therapeutics' financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Protagenic Therapeutics using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Protagenic Therapeutics based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Price To Earning
Price To Earning Comparative Analysis
Protagenic Therapeutics is currently under evaluation in price to earning category among its peers. Price to Earnings ratio is typically used for current valuation of a company and is one of the most popular ratios that investors monitor daily. Holding a low PE stock is less risky because when a company's profitability falls, it is likely that earnings will also go down as well. In other words, if you start from a lower position, your downside risk is limited. There are also some investors who believe that low Price to Earnings ratio reflects the low pricing because a given company is in trouble. On the other hand, a higher PE ratio means that investors are paying more for each unit of profit.
Protagenic Therapeutics Potential Pair-trading
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Protagenic Therapeutics stock to make a market-neutral strategy. Peer analysis of Protagenic Therapeutics could also be used in its relative valuation, which is a method of valuing Protagenic Therapeutics by comparing valuation metrics with similar companies.
Peers
Protagenic Therapeutics Related Equities
| ANTX | AN2 Therapeutics | 8.94 | ||||
| TPST | Tempest Therapeutics | 2.25 | ||||
| AVTE | Aerovate Therapeutics | 1.92 | ||||
| ACRV | Acrivon Therapeutics, | 1.71 | ||||
| RZLT | Rezolute | 1.03 | ||||
| SBHMY | Sino Biopharmaceutica | 0.00 | ||||
| XOMAO | XOMA | 0.32 | ||||
| ELDN | Eledon Pharmaceuticals | 1.47 | ||||
| ADAG | Adagene | 3.10 |
Additional Tools for Protagenic Stock Analysis
When running Protagenic Therapeutics' price analysis, check to measure Protagenic Therapeutics' 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 Protagenic Therapeutics is operating at the current time. Most of Protagenic Therapeutics' value examination focuses on studying past and present price action to predict the probability of Protagenic Therapeutics' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Protagenic Therapeutics' price. Additionally, you may evaluate how the addition of Protagenic Therapeutics to your portfolios can decrease your overall portfolio volatility.