Predictmedix Stock Performance
| PMEDF Stock | USD 0.04 0 2.33% |
Predictmedix holds a performance score of 8 on a scale of zero to a hundred. The company holds a Beta of -1.01, which implies a somewhat significant risk relative to the market. As the market becomes more bullish, returns on owning Predictmedix are expected to decrease slowly. On the other hand, during market turmoil, Predictmedix is expected to outperform it slightly. Use Predictmedix information ratio, value at risk, kurtosis, as well as the relationship between the sortino ratio and semi variance , to analyze future returns on Predictmedix.
Risk-Adjusted Performance
Fair
Weak | Strong |
Compared to the overall equity markets, risk-adjusted returns on investments in Predictmedix are ranked lower than 8 (%) of all global equities and portfolios over the last 90 days. Despite nearly fragile fundamental indicators, Predictmedix reported solid returns over the last few months and may actually be approaching a breakup point. ...more
| Begin Period Cash Flow | 480.1 K | |
| Total Cashflows From Investing Activities | -418.1 K |
Predictmedix |
Predictmedix Relative Risk vs. Return Landscape
If you would invest 2.80 in Predictmedix on October 31, 2025 and sell it today you would earn a total of 1.60 from holding Predictmedix or generate 57.14% return on investment over 90 days. Predictmedix is currently producing 1.7485% returns and takes up 17.2668% volatility of returns over 90 trading days. Put another way, most equities are less risky on the basis of their return distribution than Predictmedix, and majority of traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
Predictmedix Target Price Odds to finish over Current Price
The tendency of Predictmedix Pink Sheet price to converge on an average value over time is a known aspect in finance that investors have used since the beginning of the stock market for forecasting. However, many studies suggest that some traded equity instruments are consistently mispriced before traders' demand and supply correct the spread. One possible conclusion to this anomaly is that these stocks have additional risk, for which investors demand compensation in the form of extra returns.
| Current Price | Horizon | Target Price | Odds to move above the current price in 90 days |
| 0.04 | 90 days | 0.04 | about 51.84 |
Based on a normal probability distribution, the odds of Predictmedix to move above the current price in 90 days from now is about 51.84 (This Predictmedix probability density function shows the probability of Predictmedix Pink Sheet to fall within a particular range of prices over 90 days) .
Assuming the 90 days horizon Predictmedix has a beta of -1.01 indicating Moreover Predictmedix has an alpha of 1.5594, implying that it can generate a 1.56 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Predictmedix Price Density |
| Price |
Predictive Modules for Predictmedix
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Predictmedix. Regardless of method or technology, however, to accurately forecast the pink sheet market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the pink sheet market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Predictmedix's 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.
Predictmedix Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Predictmedix is not an exception. The market had few large corrections towards the Predictmedix's value, including both sudden drops in prices as well as massive rallies. These swings have made and broken many portfolios. An investor can limit the violent swings in their portfolio by implementing a hedging strategy designed to limit downside losses. If you hold Predictmedix, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Predictmedix within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 1.56 | |
β | Beta against Dow Jones | -1.01 | |
σ | Overall volatility | 0.01 | |
Ir | Information ratio | 0.09 |
Predictmedix Alerts and Suggestions
In today's market, stock alerts give investors the competitive edge they need to time the market and increase returns. Checking the ongoing alerts of Predictmedix for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Predictmedix can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Predictmedix is way too risky over 90 days horizon | |
| Predictmedix has some characteristics of a very speculative penny stock | |
| Predictmedix appears to be risky and price may revert if volatility continues | |
| Predictmedix has high likelihood to experience some financial distress in the next 2 years | |
| The company has a current ratio of 0.81, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist Predictmedix until it has trouble settling it off, either with new capital or with free cash flow. So, Predictmedix's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Predictmedix sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Predictmedix to invest in growth at high rates of return. When we think about Predictmedix's use of debt, we should always consider it together with cash and equity. | |
| Predictmedix reported the revenue of 134.82 K. Net Loss for the year was (1.88 M) with profit before overhead, payroll, taxes, and interest of 84.82 K. | |
| Predictmedix has accumulated about 283.44 K in cash with (1.53 M) of positive cash flow from operations. | |
| Roughly 31.0% of the company outstanding shares are owned by corporate insiders |
Predictmedix Fundamentals Growth
Predictmedix Pink Sheet prices reflect investors' perceptions of the future prospects and financial health of Predictmedix, and Predictmedix 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 Predictmedix Pink Sheet performance.
| Return On Equity | -2.0 | |||
| Return On Asset | -0.8 | |||
| Operating Margin | (24.76) % | |||
| Current Valuation | 2.56 M | |||
| Shares Outstanding | 122.05 M | |||
| Price To Book | 7.28 X | |||
| Price To Sales | 30.93 X | |||
| Revenue | 134.82 K | |||
| EBITDA | (1.8 M) | |||
| Cash And Equivalents | 283.44 K | |||
| Debt To Equity | 0.01 % | |||
| Book Value Per Share | 0 X | |||
| Cash Flow From Operations | (1.53 M) | |||
| Earnings Per Share | (0.01) X | |||
| Total Asset | 1.24 M | |||
About Predictmedix Performance
By analyzing Predictmedix's fundamental ratios, stakeholders can gain valuable insights into Predictmedix's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Predictmedix has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if Predictmedix has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
Predictmedix Inc., an artificial intelligence company, develops AI powered technologies for general workplace health and safety, and health care industry. The company was formerly known as Cultivar Holdings Inc. and changed its name to Predictmedix Inc. in April 2020. Predictmedix is traded on OTC Exchange in the United States.Things to note about Predictmedix performance evaluation
Checking the ongoing alerts about Predictmedix for important developments is a great way to find new opportunities for your next move. Pink Sheet alerts and notifications screener for Predictmedix help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Predictmedix is way too risky over 90 days horizon | |
| Predictmedix has some characteristics of a very speculative penny stock | |
| Predictmedix appears to be risky and price may revert if volatility continues | |
| Predictmedix has high likelihood to experience some financial distress in the next 2 years | |
| The company has a current ratio of 0.81, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist Predictmedix until it has trouble settling it off, either with new capital or with free cash flow. So, Predictmedix's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Predictmedix sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Predictmedix to invest in growth at high rates of return. When we think about Predictmedix's use of debt, we should always consider it together with cash and equity. | |
| Predictmedix reported the revenue of 134.82 K. Net Loss for the year was (1.88 M) with profit before overhead, payroll, taxes, and interest of 84.82 K. | |
| Predictmedix has accumulated about 283.44 K in cash with (1.53 M) of positive cash flow from operations. | |
| Roughly 31.0% of the company outstanding shares are owned by corporate insiders |
- Analyzing Predictmedix'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 Predictmedix's stock is overvalued or undervalued compared to its peers.
- Examining Predictmedix'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 Predictmedix's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Predictmedix's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Predictmedix's pink sheet. These opinions can provide insight into Predictmedix's potential for growth and whether the stock is currently undervalued or overvalued.
Complementary Tools for Predictmedix Pink Sheet analysis
When running Predictmedix's price analysis, check to measure Predictmedix's 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 Predictmedix is operating at the current time. Most of Predictmedix's value examination focuses on studying past and present price action to predict the probability of Predictmedix's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Predictmedix's price. Additionally, you may evaluate how the addition of Predictmedix to your portfolios can decrease your overall portfolio volatility.
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