Promimic (Sweden) Technical Analysis
| PRO Stock | 14.45 0.10 0.69% |
As of the 29th of January, Promimic holds the Risk Adjusted Performance of 0.0316, semi deviation of 4.98, and Coefficient Of Variation of 3206.25. Compared to fundamental indicators, the technical analysis model allows you to check existing technical drivers of Promimic, as well as the relationship between them.
Promimic Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Promimic, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to PromimicPromimic |
Promimic '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 Promimic's 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 Promimic.
| 10/31/2025 |
| 01/29/2026 |
If you would invest 0.00 in Promimic on October 31, 2025 and sell it all today you would earn a total of 0.00 from holding Promimic AB or generate 0.0% return on investment in Promimic over 90 days. Promimic is related to or competes with Boule Diagnostics, Mentice AB, Acarix AS, Clinical Laserthermia, Physitrack PLC, AlzeCure Pharma, and Nanexa AB. More
Promimic 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 Promimic's 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 Promimic AB upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 5.55 | |||
| Information Ratio | 0.0226 | |||
| Maximum Drawdown | 43.85 | |||
| Value At Risk | (9.85) | |||
| Potential Upside | 12.58 |
Promimic Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Promimic's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Promimic's standard deviation. In reality, there are many statistical measures that can use Promimic historical prices to predict the future Promimic's volatility.| Risk Adjusted Performance | 0.0316 | |||
| Jensen Alpha | 0.1795 | |||
| Total Risk Alpha | (0.29) | |||
| Sortino Ratio | 0.0292 | |||
| Treynor Ratio | 0.3215 |
Promimic January 29, 2026 Technical Indicators
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
| Risk Adjusted Performance | 0.0316 | |||
| Market Risk Adjusted Performance | 0.3315 | |||
| Mean Deviation | 4.83 | |||
| Semi Deviation | 4.98 | |||
| Downside Deviation | 5.55 | |||
| Coefficient Of Variation | 3206.25 | |||
| Standard Deviation | 7.17 | |||
| Variance | 51.37 | |||
| Information Ratio | 0.0226 | |||
| Jensen Alpha | 0.1795 | |||
| Total Risk Alpha | (0.29) | |||
| Sortino Ratio | 0.0292 | |||
| Treynor Ratio | 0.3215 | |||
| Maximum Drawdown | 43.85 | |||
| Value At Risk | (9.85) | |||
| Potential Upside | 12.58 | |||
| Downside Variance | 30.86 | |||
| Semi Variance | 24.79 | |||
| Expected Short fall | (7.02) | |||
| Skewness | 1.85 | |||
| Kurtosis | 7.46 |
Promimic AB Backtested Returns
Promimic appears to be slightly risky, given 3 months investment horizon. Promimic AB maintains Sharpe Ratio (i.e., Efficiency) of 0.0312, which implies the firm had a 0.0312 % return per unit of risk over the last 3 months. We have found thirty technical indicators for Promimic AB, which you can use to evaluate the volatility of the company. Please evaluate Promimic's Semi Deviation of 4.98, coefficient of variation of 3206.25, and Risk Adjusted Performance of 0.0316 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Promimic holds a performance score of 2. The company holds a Beta of 0.66, which implies possible diversification benefits within a given portfolio. As returns on the market increase, Promimic's returns are expected to increase less than the market. However, during the bear market, the loss of holding Promimic is expected to be smaller as well. Please check Promimic's maximum drawdown, accumulation distribution, relative strength index, as well as the relationship between the semi variance and day typical price , to make a quick decision on whether Promimic's historical price patterns will revert.
Auto-correlation | -0.11 |
Insignificant reverse predictability
Promimic AB has insignificant reverse predictability. Overlapping area represents the amount of predictability between Promimic time series from 31st of October 2025 to 15th of December 2025 and 15th of December 2025 to 29th of January 2026. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Promimic AB price movement. The serial correlation of -0.11 indicates that less than 11.0% of current Promimic price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.11 | |
| Spearman Rank Test | 0.0 | |
| Residual Average | 0.0 | |
| Price Variance | 0.48 |
Promimic technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
Promimic AB Technical Analysis
The output start index for this execution was twenty-four with a total number of output elements of thirty-seven. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of Promimic AB volatility. High ATR values indicate high volatility, and low values indicate low volatility.
About Promimic Technical Analysis
The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of Promimic AB on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of Promimic AB based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Promimic AB price pattern first instead of the macroeconomic environment surrounding Promimic AB. By analyzing Promimic's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of Promimic's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to Promimic specific price patterns or momentum indicators. Please read more on our technical analysis page.
Promimic January 29, 2026 Technical Indicators
Most technical analysis of Promimic help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Promimic from various momentum indicators to cycle indicators. When you analyze Promimic charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
| Risk Adjusted Performance | 0.0316 | |||
| Market Risk Adjusted Performance | 0.3315 | |||
| Mean Deviation | 4.83 | |||
| Semi Deviation | 4.98 | |||
| Downside Deviation | 5.55 | |||
| Coefficient Of Variation | 3206.25 | |||
| Standard Deviation | 7.17 | |||
| Variance | 51.37 | |||
| Information Ratio | 0.0226 | |||
| Jensen Alpha | 0.1795 | |||
| Total Risk Alpha | (0.29) | |||
| Sortino Ratio | 0.0292 | |||
| Treynor Ratio | 0.3215 | |||
| Maximum Drawdown | 43.85 | |||
| Value At Risk | (9.85) | |||
| Potential Upside | 12.58 | |||
| Downside Variance | 30.86 | |||
| Semi Variance | 24.79 | |||
| Expected Short fall | (7.02) | |||
| Skewness | 1.85 | |||
| Kurtosis | 7.46 |
Promimic January 29, 2026 Daily Trend Indicators
Traders often use several different daily volumes and price technical indicators to supplement a more traditional technical analysis when analyzing securities such as Promimic stock. With literally thousands of different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
| Accumulation Distribution | 14.66 | ||
| Daily Balance Of Power | (0.08) | ||
| Rate Of Daily Change | 0.99 | ||
| Day Median Price | 13.88 | ||
| Day Typical Price | 14.07 | ||
| Price Action Indicator | 0.52 | ||
| Market Facilitation Index | 0.01 |
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.