Prenetics Market Capitalization from 2010 to 2024

PRE Stock  USD 4.48  0.05  1.13%   
Prenetics Global's Market Cap is decreasing over the years with slightly volatile fluctuation. Market Cap is expected to dwindle to about 72.6 M.
Check Prenetics Global financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Prenetics Global's main balance sheet or income statement drivers, such as Interest Expense of 234.2 K, Total Revenue of 20.7 M or Gross Profit of 8.4 M, as well as many indicators such as Price To Sales Ratio of 2.9, Dividend Yield of 0.0 or PTB Ratio of 0.31. Prenetics financial statements analysis is a perfect complement when working with Prenetics Global Valuation or Volatility modules.
  
Check out the analysis of Prenetics Global Correlation against competitors.
For information on how to trade Prenetics Stock refer to our How to Trade Prenetics Stock guide.

Latest Prenetics Global's Market Capitalization Growth Pattern

Below is the plot of the Market Cap of Prenetics Global over the last few years. It is Prenetics Global's Market Cap historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Prenetics Global's overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported 54.12 M10 Years Trend
Slightly volatile
   Market Cap   
       Timeline  

Prenetics Market Capitalization Regression Statistics

Arithmetic Mean737,659,814
Geometric Mean540,769,356
Coefficient Of Variation49.77
Mean Deviation266,329,358
Median862,901,400
Standard Deviation367,104,579
Sample Variance134765.8T
Range1.3B
R-Value(0.53)
Mean Square Error103874.5T
R-Squared0.28
Significance0.04
Slope(43,766,918)
Total Sum of Squares1886720.8T

Prenetics Market Capitalization History

202472.6 M
202376.4 M
202266.5 M
20211.4 B

About Prenetics Global Financial Statements

Prenetics Global stakeholders use historical fundamental indicators, such as Prenetics Global's Market Capitalization, to determine how well the company is positioned to perform in the future. Although Prenetics Global investors may analyze each financial statement separately, they are all interrelated. For example, changes in Prenetics Global's assets and liabilities are reflected in the revenues and expenses on Prenetics Global's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Prenetics Global. Please read more on our technical analysis and fundamental analysis pages.
Prenetics Global Limited, an investment holding company, operates as a diagnostics and genetic testing company. Prenetics Global Limited was founded in 2014 and is headquartered in Quarry Bay, Hong Kong. Prenetics Global is traded on NASDAQ Exchange in the United States.

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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether Prenetics Global is a strong investment it is important to analyze Prenetics Global's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Prenetics Global's future performance. For an informed investment choice regarding Prenetics Stock, refer to the following important reports:
Check out the analysis of Prenetics Global Correlation against competitors.
For information on how to trade Prenetics Stock refer to our How to Trade Prenetics Stock guide.
You can also try the Portfolio Comparator module to compare the composition, asset allocations and performance of any two portfolios in your account.
Is Reinsurance 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 Prenetics Global. If investors know Prenetics 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 Prenetics Global listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(3.73)
Revenue Per Share
1.878
Quarterly Revenue Growth
0.043
Return On Assets
(0.10)
Return On Equity
(0.22)
The market value of Prenetics Global is measured differently than its book value, which is the value of Prenetics that is recorded on the company's balance sheet. Investors also form their own opinion of Prenetics Global's value that differs from its market value or its book value, called intrinsic value, which is Prenetics Global's 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 Prenetics Global's market value can be influenced by many factors that don't directly affect Prenetics Global's 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 Prenetics Global's value and its price as these two are different measures arrived at by different means. Investors typically determine if Prenetics Global is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Prenetics Global's 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.