Protokinetix Stock Performance
| PKTX Stock | USD 0.01 0.0008 9.88% |
On a scale of 0 to 100, Protokinetix holds a performance score of 1. The company holds a Beta of 3.1, which implies a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Protokinetix will likely underperform. Please check Protokinetix's jensen alpha, potential upside, as well as the relationship between the Potential Upside and daily balance of power , to make a quick decision on whether Protokinetix's historical price patterns will revert.
Risk-Adjusted Performance
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Weak
Compared to the overall equity markets, risk-adjusted returns on investments in Protokinetix are ranked lower than 1 (%) of all global equities and portfolios over the last 90 days. In spite of fairly weak basic indicators, Protokinetix showed solid returns over the last few months and may actually be approaching a breakup point. ...more
| Begin Period Cash Flow | 193.4 K | |
| Total Cashflows From Investing Activities | -91 K |
Protokinetix |
Protokinetix Relative Risk vs. Return Landscape
If you would invest 1.40 in Protokinetix on September 3, 2024 and sell it today you would lose (0.51) from holding Protokinetix or give up 36.43% of portfolio value over 90 days. Protokinetix is currently generating 0.3022% in daily expected returns and assumes 14.2786% risk (volatility on return distribution) over the 90 days horizon. In different words, most equities are less risky than Protokinetix, and most traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
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Protokinetix Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Protokinetix's investment risk. Standard deviation is the most common way to measure market volatility of pink sheets, such as Protokinetix, and traders can use it to determine the average amount a Protokinetix'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 = 0.0212
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Estimated Market Risk
| 14.28 actual daily | 96 96% of assets are less volatile |
Expected Return
| 0.3 actual daily | 5 95% of assets have higher returns |
Risk-Adjusted Return
| 0.02 actual daily | 1 99% of assets perform better |
Based on monthly moving average Protokinetix is performing at about 1% 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 Fundamentals Growth
Protokinetix Pink Sheet prices reflect investors' perceptions of the future prospects and financial health of Protokinetix, and Protokinetix 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 Protokinetix Pink Sheet performance.
| Return On Equity | -4.03 | |||
| Return On Asset | -2.22 | |||
| Current Valuation | 7.5 M | |||
| Shares Outstanding | 316.85 M | |||
| Price To Earning | (9.86) X | |||
| Price To Book | 20.13 X | |||
| EBITDA | (2.33 M) | |||
| Cash And Equivalents | 18.83 K | |||
| Debt To Equity | 31.50 % | |||
| Book Value Per Share | 0 X | |||
| Cash Flow From Operations | (889.89 K) | |||
| Earnings Per Share | (0.01) X | |||
| Total Asset | 446.23 K | |||
| Retained Earnings | (28.25 M) | |||
| Current Asset | 180 K | |||
| Current Liabilities | 40 K | |||
About Protokinetix Performance
Evaluating Protokinetix's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Protokinetix 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 Protokinetix has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements. Please also refer to our technical analysis and fundamental analysis pages.
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.Things to note about Protokinetix performance evaluation
Checking the ongoing alerts about Protokinetix for important developments is a great way to find new opportunities for your next move. Pink Sheet alerts and notifications screener for Protokinetix help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Protokinetix had very high historical volatility over the last 90 days | |
| Protokinetix has some characteristics of a very speculative penny stock | |
| The company has a current ratio of 0.53, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Debt can assist Protokinetix until it has trouble settling it off, either with new capital or with free cash flow. So, Protokinetix'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 Protokinetix sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Protokinetix to invest in growth at high rates of return. When we think about Protokinetix's use of debt, we should always consider it together with cash and equity. | |
| Net Loss for the year was (2.33 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| Protokinetix currently holds about 18.83 K in cash with (889.89 K) of positive cash flow from operations. | |
| Roughly 31.0% of the company outstanding shares are owned by corporate insiders |
- Analyzing Protokinetix'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 Protokinetix's stock is overvalued or undervalued compared to its peers.
- Examining Protokinetix'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 Protokinetix's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Protokinetix's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Protokinetix's pink sheet. These opinions can provide insight into Protokinetix's potential for growth and whether the stock is currently undervalued or overvalued.
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.