Promimic (Sweden) Performance
The company holds a Beta of 0.0, which implies not very significant fluctuations relative to the market. the returns on MARKET and Promimic are completely uncorrelated.
Risk-Adjusted Performance
Very Weak
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Over the last 90 days Promimic AB has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of comparatively stable basic indicators, Promimic is not utilizing all of its potentials. The newest stock price uproar, may contribute to short-horizon losses for the private investors. ...more
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Promimic Relative Risk vs. Return Landscape
If you would invest (100.00) in Promimic AB on January 13, 2025 and sell it today you would earn a total of 100.00 from holding Promimic AB or generate -100.0% return on investment over 90 days. Promimic AB is producing return of less than zero assuming 0.0% volatility of returns over the 90 days investment horizon. Simply put, 0% of all stocks have less volatile historical return distribution than Promimic, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
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Promimic Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Promimic's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Promimic AB, and traders can use it to determine the average amount a Promimic'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 = 0.0
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Based on monthly moving average Promimic is not performing at its full potential. However, 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 Promimic by adding Promimic to a well-diversified portfolio.
Promimic Fundamentals Growth
Promimic Stock prices reflect investors' perceptions of the future prospects and financial health of Promimic, and Promimic 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 Promimic Stock performance.
| Current Valuation | 194.87 M | |||
| Shares Outstanding | 17.39 M | |||
| Price To Book | 2.40 X | |||
| Price To Sales | 14.61 X | |||
| Book Value Per Share | 4.61 X | |||
About Promimic Performance
Assessing Promimic's fundamental ratios provides investors with valuable insights into Promimic's financial health and overall profitability. This information is crucial for making informed investment decisions. A high ROA would indicate that the Promimic is effectively leveraging its assets and equity to generate significant profits, making it an appealing investment. Conversely, low Return on Assets could signal underlying management issues in assets and equity, indicating a necessity for operational refinements. Please also refer to our technical analysis and fundamental analysis pages.
Things to note about Promimic AB performance evaluation
Checking the ongoing alerts about Promimic for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Promimic AB help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| About 88.0% of the company outstanding shares are owned by corporate insiders |
- Analyzing Promimic'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 Promimic's stock is overvalued or undervalued compared to its peers.
- Examining Promimic'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 Promimic's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Promimic's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Promimic's stock. These opinions can provide insight into Promimic's potential for growth and whether the stock is currently undervalued or overvalued.
Additional Tools for Promimic Stock Analysis
When running Promimic's price analysis, check to measure Promimic'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 Promimic is operating at the current time. Most of Promimic's value examination focuses on studying past and present price action to predict the probability of Promimic's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Promimic's price. Additionally, you may evaluate how the addition of Promimic to your portfolios can decrease your overall portfolio volatility.