ProQR Roe vs Net Income Per Share Analysis

PRQR Stock  USD 3.44  0.10  2.82%   
ProQR Therapeutics financial indicator trend analysis is much more than just breaking down ProQR Therapeutics prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether ProQR Therapeutics is a good investment. Please check the relationship between ProQR Therapeutics Roe and its Net Income Per Share accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in ProQR Therapeutics BV. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in producer price index.

Roe vs Net Income Per Share

Roe vs Net Income Per Share Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of ProQR Therapeutics Roe account and Net Income Per Share. At this time, the significance of the direction appears to have strong relationship.
The correlation between ProQR Therapeutics' Roe and Net Income Per Share is 0.73. Overlapping area represents the amount of variation of Roe that can explain the historical movement of Net Income Per Share in the same time period over historical financial statements of ProQR Therapeutics BV, assuming nothing else is changed. The correlation between historical values of ProQR Therapeutics' Roe and Net Income Per Share is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Roe of ProQR Therapeutics BV are associated (or correlated) with its Net Income Per Share. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Income Per Share has no effect on the direction of Roe i.e., ProQR Therapeutics' Roe and Net Income Per Share go up and down completely randomly.

Correlation Coefficient

0.73
Relationship DirectionPositive 
Relationship StrengthSignificant

Roe

Net Income Per Share

Most indicators from ProQR Therapeutics' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into ProQR Therapeutics current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in ProQR Therapeutics BV. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in producer price index.
As of 11/26/2024, Selling General Administrative is likely to drop to about 12.6 M. In addition to that, Tax Provision is likely to grow to about (74.1 K)

ProQR Therapeutics fundamental ratios Correlations

0.780.890.710.840.49-0.9-0.780.270.960.720.680.960.380.860.810.760.680.920.771.00.810.840.70.410.68
0.780.850.620.570.3-0.58-0.7-0.10.760.750.90.760.130.730.730.680.470.770.680.750.660.50.740.270.65
0.890.850.740.670.44-0.74-0.830.060.850.730.760.850.30.90.860.750.730.930.770.880.820.620.720.390.68
0.710.620.740.380.87-0.65-0.930.560.660.860.390.660.230.690.840.90.510.80.950.680.950.450.860.90.93
0.840.570.670.380.1-0.92-0.420.240.910.340.610.910.090.660.410.350.550.630.360.870.520.970.330.110.27
0.490.30.440.870.1-0.39-0.840.610.350.78-0.030.350.470.490.720.860.260.630.880.450.840.210.780.920.9
-0.9-0.58-0.74-0.65-0.92-0.390.61-0.48-0.96-0.49-0.54-0.96-0.09-0.73-0.59-0.54-0.59-0.75-0.58-0.92-0.72-0.96-0.48-0.45-0.49
-0.78-0.7-0.83-0.93-0.42-0.840.61-0.36-0.67-0.92-0.44-0.67-0.42-0.85-0.93-0.93-0.48-0.92-0.95-0.74-0.98-0.44-0.91-0.75-0.93
0.27-0.10.060.560.240.61-0.48-0.360.320.31-0.220.32-0.080.210.280.320.070.240.40.280.490.430.310.730.42
0.960.760.850.660.910.35-0.96-0.670.320.60.731.00.130.820.70.610.630.840.640.970.730.920.590.370.56
0.720.750.730.860.340.78-0.49-0.920.310.60.510.60.360.730.860.920.340.820.920.660.880.371.00.680.96
0.680.90.760.390.61-0.03-0.54-0.44-0.220.730.510.73-0.080.580.50.430.520.590.430.670.410.510.50.010.39
0.960.760.850.660.910.35-0.96-0.670.321.00.60.730.130.820.70.610.630.840.640.970.730.920.590.370.56
0.380.130.30.230.090.47-0.09-0.42-0.080.130.36-0.080.130.310.450.570.40.430.480.370.360.050.350.10.4
0.860.730.90.690.660.49-0.73-0.850.210.820.730.580.820.310.890.690.50.970.70.840.840.660.720.410.65
0.810.730.860.840.410.72-0.59-0.930.280.70.860.50.70.450.890.880.50.950.890.770.890.450.850.610.85
0.760.680.750.90.350.86-0.54-0.930.320.610.920.430.610.570.690.880.540.840.990.730.90.380.920.720.97
0.680.470.730.510.550.26-0.59-0.480.070.630.340.520.630.40.50.50.540.570.540.70.510.490.320.20.38
0.920.770.930.80.630.63-0.75-0.920.240.840.820.590.840.430.970.950.840.570.840.890.910.640.810.520.78
0.770.680.770.950.360.88-0.58-0.950.40.640.920.430.640.480.70.890.990.540.840.730.940.40.920.790.98
1.00.750.880.680.870.45-0.92-0.740.280.970.660.670.970.370.840.770.730.70.890.730.790.870.650.380.63
0.810.660.820.950.520.84-0.72-0.980.490.730.880.410.730.360.840.890.90.510.910.940.790.560.870.80.91
0.840.50.620.450.970.21-0.96-0.440.430.920.370.510.920.050.660.450.380.490.640.40.870.560.360.250.32
0.70.740.720.860.330.78-0.48-0.910.310.591.00.50.590.350.720.850.920.320.810.920.650.870.360.690.96
0.410.270.390.90.110.92-0.45-0.750.730.370.680.010.370.10.410.610.720.20.520.790.380.80.250.690.82
0.680.650.680.930.270.9-0.49-0.930.420.560.960.390.560.40.650.850.970.380.780.980.630.910.320.960.82
Click cells to compare fundamentals

ProQR Therapeutics Account Relationship Matchups

ProQR Therapeutics fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets117.5M98.7M209.6M171.3M138.0M108.6M
Short Long Term Debt Total13.6M34.3M60.4M22.0M19.7M18.5M
Other Current Liab9.0M7.0M14.8M10.1M8.8M6.9M
Total Current Liabilities11.0M10.3M27.6M21.1M34.2M35.9M
Total Stockholder Equity94.3M57.1M113.8M65.5M41.4M69.4M
Net Debt(98.4M)(41.6M)(127.2M)(72.8M)(99.2M)(104.2M)
Retained Earnings(211.7M)(257.7M)(317.8M)(380.7M)(400.9M)(380.8M)
Accounts Payable445K221K191K392K1.5M1.6M
Cash112.0M75.8M187.5M94.8M118.9M92.9M
Non Current Assets Total2.9M18.7M18.1M16.9M16.9M17.8M
Long Term Debt12.7M16.2M39.3M4.3M4.3M4.1M
Cash And Short Term Investments112.0M75.8M187.5M94.8M118.9M92.9M
Net Receivables850K421K555K57.2M1.3M1.2M
Common Stock Total Equity1.5M1.7M2.2M2.2M2.5M1.3M
Common Stock Shares Outstanding41.0M50.1M64.2M71.6M81.0M41.6M
Liabilities And Stockholders Equity117.5M98.7M209.6M171.3M138.0M108.6M
Non Current Liabilities Total12.7M31.9M68.8M85.1M62.3M65.4M
Other Current Assets1.5M(800K)3.1M2.4M793K1.2M
Other Stockholder Equity303.8M288.8M398.3M412.5M412.9M236.7M
Total Liab23.7M42.2M96.4M106.2M96.5M101.3M
Total Current Assets114.7M80.0M191.5M154.5M121.1M100.7M
Common Stock2.2M2.2M3.0M3.4M3.9M4.1M
Net Tangible Assets94.3M57.1M113.8M65.5M75.3M82.9M
Property Plant And Equipment Net2.4M18.6M17.5M16.2M16.9M17.8M
Current Deferred Revenue711K700K5.1M5.8M20.6M21.6M
Property Plant And Equipment Gross3.8M18.6M27.8M29.1M32.1M33.7M
Short Long Term Debt343K1.1M4.8M2.5M2.3M2.1M
Accumulated Other Comprehensive Income151K(189K)30.3M30.3M26.0M27.3M
Short Term Debt851K2.4M6.3M3.9M1.6M2.0M
Property Plant Equipment2.4M18.6M17.5M16.2M18.7M19.6M
Capital Lease Obligations508K17.0M16.3M15.2M15.4M16.2M
Inventory340K379K266.5K6.9K1.00.95
Net Invested Capital107.4M74.4M157.9M72.3M45.7M69.3M
Net Working Capital103.7M69.7M163.9M133.3M86.8M110.0M

Pair Trading with ProQR Therapeutics

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if ProQR Therapeutics position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in ProQR Therapeutics will appreciate offsetting losses from the drop in the long position's value.

Moving against ProQR Stock

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The ability to find closely correlated positions to ProQR Therapeutics could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace ProQR Therapeutics when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back ProQR Therapeutics - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling ProQR Therapeutics BV to buy it.
The correlation of ProQR Therapeutics is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as ProQR Therapeutics moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if ProQR Therapeutics moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for ProQR Therapeutics can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching

Additional Tools for ProQR Stock Analysis

When running ProQR Therapeutics' price analysis, check to measure ProQR 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 ProQR Therapeutics is operating at the current time. Most of ProQR Therapeutics' value examination focuses on studying past and present price action to predict the probability of ProQR Therapeutics' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move ProQR Therapeutics' price. Additionally, you may evaluate how the addition of ProQR Therapeutics to your portfolios can decrease your overall portfolio volatility.