Predictive Technology Group Stock Performance
| PRED Stock | USD 0.0001 0.0004 80.00% |
Predictive Technology holds a performance score of 9 on a scale of zero to a hundred. The company holds a Beta of -6.21, which implies a somewhat significant risk relative to the market. As returns on the market increase, returns on owning Predictive Technology are expected to decrease by larger amounts. On the other hand, during market turmoil, Predictive Technology is expected to outperform it. Use Predictive Technology information ratio, kurtosis, period momentum indicator, as well as the relationship between the treynor ratio and day median price , to analyze future returns on Predictive Technology.
Risk-Adjusted Performance
9 of 100
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Compared to the overall equity markets, risk-adjusted returns on investments in Predictive Technology Group are ranked lower than 9 (%) of all global equities and portfolios over the last 90 days. In spite of rather conflicting technical and fundamental indicators, Predictive Technology exhibited solid returns over the last few months and may actually be approaching a breakup point. ...more
| Begin Period Cash Flow | 1.6 M | |
| Total Cashflows From Investing Activities | -1.6 M |
Predictive |
Predictive Technology Relative Risk vs. Return Landscape
If you would invest 0.01 in Predictive Technology Group on September 2, 2024 and sell it today you would earn a total of 0.00 from holding Predictive Technology Group or generate 0.0% return on investment over 90 days. Predictive Technology Group is currently generating 15.8431% in daily expected returns and assumes 127.0593% risk (volatility on return distribution) over the 90 days horizon. In different words, most equities are less risky than Predictive, and most traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
| Risk |
Predictive Technology Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Predictive Technology's investment risk. Standard deviation is the most common way to measure market volatility of pink sheets, such as Predictive Technology Group, and traders can use it to determine the average amount a Predictive Technology'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 = 0.1247
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Estimated Market Risk
| 127.06 actual daily | 96 96% of assets are less volatile |
Expected Return
| 5.01 actual daily | 96 96% of assets have lower returns |
Risk-Adjusted Return
| 0.12 actual daily | 9 91% of assets perform better |
Based on monthly moving average Predictive Technology is performing at about 9% 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 Predictive Technology by adding it to a well-diversified portfolio.
Predictive Technology Fundamentals Growth
Predictive Pink Sheet prices reflect investors' perceptions of the future prospects and financial health of Predictive Technology, and Predictive Technology 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 Predictive Pink Sheet performance.
| Return On Equity | -1.11 | |||
| Return On Asset | -0.18 | |||
| Operating Margin | (1.35) % | |||
| Current Valuation | 13.38 M | |||
| Shares Outstanding | 299.6 M | |||
| Price To Earning | (0.11) X | |||
| Price To Book | 0 X | |||
| Price To Sales | 0 X | |||
| Revenue | 24.44 M | |||
| EBITDA | (85.03 M) | |||
| Cash And Equivalents | 151.99 K | |||
| Total Debt | 4.47 M | |||
| Debt To Equity | 0.42 % | |||
| Book Value Per Share | 0.11 X | |||
| Cash Flow From Operations | (13.06 M) | |||
| Earnings Per Share | (0.23) X | |||
| Total Asset | 83.84 M | |||
| Retained Earnings | (114 K) | |||
| Current Asset | 18 K | |||
| Current Liabilities | 1.57 M | |||
About Predictive Technology Performance
By analyzing Predictive Technology's fundamental ratios, stakeholders can gain valuable insights into Predictive Technology's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Predictive Technology 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 Predictive Technology has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
Predictive Technology Group, Inc., together with its subsidiaries, develops and commercializes discoveries and technologies involved in novel molecular diagnostic, therapeutic, and human cellular and tissue-based products . Predictive Technology Group, Inc. was founded in 2005 and is headquartered in Salt Lake City, Utah. Predictive Technology operates under Biotechnology classification in the United States and is traded on OTC Exchange. It employs 62 people.Things to note about Predictive Technology performance evaluation
Checking the ongoing alerts about Predictive Technology for important developments is a great way to find new opportunities for your next move. Pink Sheet alerts and notifications screener for Predictive Technology help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Predictive Technology is way too risky over 90 days horizon | |
| Predictive Technology has some characteristics of a very speculative penny stock | |
| Predictive Technology appears to be risky and price may revert if volatility continues | |
| Predictive Technology has high likelihood to experience some financial distress in the next 2 years | |
| Predictive Technology Group currently holds 4.47 M in liabilities with Debt to Equity (D/E) ratio of 0.42, which is about average as compared to similar companies. Predictive Technology has a current ratio of 0.28, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Debt can assist Predictive Technology until it has trouble settling it off, either with new capital or with free cash flow. So, Predictive Technology'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 Predictive Technology sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Predictive to invest in growth at high rates of return. When we think about Predictive Technology's use of debt, we should always consider it together with cash and equity. | |
| The entity reported the previous year's revenue of 24.44 M. Net Loss for the year was (85.77 M) with profit before overhead, payroll, taxes, and interest of 3.86 M. | |
| Predictive Technology Group currently holds about 151.99 K in cash with (13.06 M) of positive cash flow from operations. |
- Analyzing Predictive Technology'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 Predictive Technology's stock is overvalued or undervalued compared to its peers.
- Examining Predictive Technology'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 Predictive Technology's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Predictive Technology's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Predictive Technology's pink sheet. These opinions can provide insight into Predictive Technology's potential for growth and whether the stock is currently undervalued or overvalued.
Complementary Tools for Predictive Pink Sheet analysis
When running Predictive Technology's price analysis, check to measure Predictive Technology'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 Predictive Technology is operating at the current time. Most of Predictive Technology's value examination focuses on studying past and present price action to predict the probability of Predictive Technology's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Predictive Technology's price. Additionally, you may evaluate how the addition of Predictive Technology to your portfolios can decrease your overall portfolio volatility.
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