Protokinetix Stock Price on March 7, 2023
| PKTX Stock | USD 0.01 0 14.68% |
If you're considering investing in Protokinetix Pink Sheet, it is important to understand the factors that can impact its price. As of today, the current price of Protokinetix stands at 0.01, as last reported on the 11th of December 2024, with the highest price reaching 0.01 and the lowest price hitting 0.01 during the day. Protokinetix appears to be out of control, given 3 months investment horizon. Protokinetix maintains Sharpe Ratio (i.e., Efficiency) of 0.0457, which implies the firm had a 0.0457% return per unit of risk over the last 3 months. By analyzing Protokinetix's technical indicators, you can evaluate if the expected return of 0.57% is justified by implied risk. Please evaluate Protokinetix's Semi Deviation of 10.31, coefficient of variation of 1415.71, and Risk Adjusted Performance of 0.0605 to confirm if our risk estimates are consistent with your expectations.
Protokinetix Pink Sheet price history is provided at the adjusted basis, taking into account all of the recent filings.
Protokinetix |
Sharpe Ratio = 0.0457
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Estimated Market Risk
| 12.36 actual daily | 96 96% of assets are less volatile |
Expected Return
| 0.57 actual daily | 11 89% of assets have higher returns |
Risk-Adjusted Return
| 0.05 actual daily | 3 97% of assets perform better |
Based on monthly moving average Protokinetix is performing at about 3% 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 Protokinetix by adding it to a well-diversified portfolio.
Protokinetix Valuation on March 7, 2023
It is possible to determine the worth of Protokinetix on a given historical date. On March 7, 2023 Protokinetix was worth 0.025 at the beginning of the trading date compared to the closed value of 0.0297. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Protokinetix pink sheet. Still, in general, we apply an absolute valuation method to find Protokinetix's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Protokinetix where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Protokinetix's related companies.
| Open | High | Low | Close | Volume | |
| 0.03 | 0.03 | 0.03 | 0.03 | 15,000 | |
03/07/2023 | 0.03 | 0.03 | 0.02 | 0.03 | 465,855 |
| 0.02 | 0.03 | 0.02 | 0.03 | 416,100 |
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Protokinetix Trading Date Momentum on March 7, 2023
| On March 08 2023 Protokinetix was traded for 0.03 at the closing time. The top price for the day was 0.03 and the lowest listed price was 0.02 . The trading volume for the day was 416.1 K. The trading history from March 8, 2023 was a factor to the next trading day price decrease. The trading delta at closing time against the next closing price was 11.78% . The trading delta at closing time against the current closing price is 5.72% . |
Protokinetix Fundamentals Correlations and Trends
By evaluating Protokinetix's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Protokinetix's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Protokinetix financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Protokinetix Pink Sheet history
Protokinetix investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Protokinetix is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Protokinetix will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Protokinetix stock prices may prove useful in developing a viable investing in Protokinetix
ProtoKinetix, Incorporated, a research and development stage bio-technology company, focuses on the scientific medical research of anti-freeze glycoproteins or anti-aging glycoproteins . ProtoKinetix, Incorporated was incorporated in 1999 and is based in Marietta, Ohio. Protokinetix is traded on OTC Exchange in the United States.
Protokinetix Pink Sheet Technical Analysis
Protokinetix technical pink sheet 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, pink sheet market cycles, or different charting patterns.
Price Boundaries
Protokinetix Period Price Range
Low | December 11, 2024
| High |
0.00 | 0.00 |
Protokinetix cannot be verified against its exchange. Please verify the symbol is currently traded on PINK Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
Protokinetix December 11, 2024 Market Strength
Market strength indicators help investors to evaluate how Protokinetix pink sheet reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Protokinetix shares will generate the highest return on investment. By undertsting and applying Protokinetix pink sheet market strength indicators, traders can identify Protokinetix entry and exit signals to maximize returns
Protokinetix Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Protokinetix's price direction in advance. Along with the technical and fundamental analysis of Protokinetix Pink Sheet historical price patterns, it is also worthwhile for investors to track various predictive indicators of Protokinetix to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | 0.0605 | |||
| Jensen Alpha | 0.8188 | |||
| Total Risk Alpha | (1.18) | |||
| Sortino Ratio | 0.0617 | |||
| Treynor Ratio | 0.9352 |
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Additional Tools for Protokinetix Pink Sheet Analysis
When running Protokinetix's price analysis, check to measure Protokinetix'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 Protokinetix is operating at the current time. Most of Protokinetix's value examination focuses on studying past and present price action to predict the probability of Protokinetix's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Protokinetix's price. Additionally, you may evaluate how the addition of Protokinetix to your portfolios can decrease your overall portfolio volatility.