Procept Biorobotics Corp Stock Market Value
| PRCT Stock | USD 95.59 1.70 1.75% |
| Symbol | Procept |
Procept Biorobotics Corp Price To Book Ratio
Is Health Care Equipment & Supplies 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 Procept Biorobotics. If investors know Procept 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 Procept Biorobotics listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (1.95) | Revenue Per Share 3.894 | Quarterly Revenue Growth 0.663 | Return On Assets (0.17) | Return On Equity (0.37) |
The market value of Procept Biorobotics Corp is measured differently than its book value, which is the value of Procept that is recorded on the company's balance sheet. Investors also form their own opinion of Procept Biorobotics' value that differs from its market value or its book value, called intrinsic value, which is Procept Biorobotics' 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 Procept Biorobotics' market value can be influenced by many factors that don't directly affect Procept Biorobotics' 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 Procept Biorobotics' value and its price as these two are different measures arrived at by different means. Investors typically determine if Procept Biorobotics is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Procept Biorobotics' 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.
Procept Biorobotics 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Procept Biorobotics' stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Procept Biorobotics.
| 12/13/2022 |
| 12/02/2024 |
If you would invest 0.00 in Procept Biorobotics on December 13, 2022 and sell it all today you would earn a total of 0.00 from holding Procept Biorobotics Corp or generate 0.0% return on investment in Procept Biorobotics over 720 days. Procept Biorobotics is related to or competes with Orthopediatrics Corp, Neuropace, Pulmonx Corp, SurModics, Orthofix Medical, Rxsight, and Sight Sciences. PROCEPT BioRobotics Corporation, a surgical robotics company, develops transformative solutions in urology More
Procept Biorobotics Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Procept Biorobotics' stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Procept Biorobotics Corp upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.84 | |||
| Information Ratio | 0.0484 | |||
| Maximum Drawdown | 39.2 | |||
| Value At Risk | (4.89) | |||
| Potential Upside | 5.18 |
Procept Biorobotics Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Procept Biorobotics' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Procept Biorobotics' standard deviation. In reality, there are many statistical measures that can use Procept Biorobotics historical prices to predict the future Procept Biorobotics' volatility.| Risk Adjusted Performance | 0.0672 | |||
| Jensen Alpha | 0.1994 | |||
| Total Risk Alpha | (0.45) | |||
| Sortino Ratio | 0.0827 | |||
| Treynor Ratio | 0.284 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Procept Biorobotics' price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Procept Biorobotics Corp Backtested Returns
Procept Biorobotics appears to be very steady, given 3 months investment horizon. Procept Biorobotics Corp maintains Sharpe Ratio (i.e., Efficiency) of 0.0989, which implies the firm had a 0.0989% return per unit of risk over the last 3 months. We have found thirty technical indicators for Procept Biorobotics Corp, which you can use to evaluate the volatility of the company. Please evaluate Procept Biorobotics' Coefficient Of Variation of 1301.49, semi deviation of 2.5, and Risk Adjusted Performance of 0.0672 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Procept Biorobotics holds a performance score of 7. The company holds a Beta of 1.28, which implies a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Procept Biorobotics will likely underperform. Please check Procept Biorobotics' skewness, and the relationship between the value at risk and day median price , to make a quick decision on whether Procept Biorobotics' historical price patterns will revert.
Auto-correlation | -0.31 |
Poor reverse predictability
Procept Biorobotics Corp has poor reverse predictability. Overlapping area represents the amount of predictability between Procept Biorobotics time series from 13th of December 2022 to 8th of December 2023 and 8th of December 2023 to 2nd of December 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Procept Biorobotics Corp price movement. The serial correlation of -0.31 indicates that nearly 31.0% of current Procept Biorobotics price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.31 | |
| Spearman Rank Test | -0.42 | |
| Residual Average | 0.0 | |
| Price Variance | 244.94 |
Procept Biorobotics Corp lagged returns against current returns
Autocorrelation, which is Procept Biorobotics stock's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Procept Biorobotics' stock expected returns. We can calculate the autocorrelation of Procept Biorobotics returns to help us make a trade decision. For example, suppose you find that Procept Biorobotics has exhibited high autocorrelation historically, and you observe that the stock is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
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Procept Biorobotics regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Procept Biorobotics stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Procept Biorobotics stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Procept Biorobotics stock over time.
Current vs Lagged Prices |
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Procept Biorobotics Lagged Returns
When evaluating Procept Biorobotics' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Procept Biorobotics stock have on its future price. Procept Biorobotics autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Procept Biorobotics autocorrelation shows the relationship between Procept Biorobotics stock current value and its past values and can show if there is a momentum factor associated with investing in Procept Biorobotics Corp.
Regressed Prices |
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Additional Tools for Procept Stock Analysis
When running Procept Biorobotics' price analysis, check to measure Procept Biorobotics' 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 Procept Biorobotics is operating at the current time. Most of Procept Biorobotics' value examination focuses on studying past and present price action to predict the probability of Procept Biorobotics' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Procept Biorobotics' price. Additionally, you may evaluate how the addition of Procept Biorobotics to your portfolios can decrease your overall portfolio volatility.