Promimic (Sweden) Performance
| PRO Stock | 26.90 2.10 7.24% |
The company holds a Beta of 0.12, which implies not very significant fluctuations relative to the market. 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. At this point, Promimic AB has a negative expected return of -0.3%. Please make sure to check Promimic's skewness, as well as the relationship between the rate of daily change and price action indicator , to decide if Promimic AB performance from the past will be repeated at some point in the near future.
Risk-Adjusted Performance
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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 uncertain performance in the last few months, the Stock's basic indicators remain comparatively stable which may send shares a bit higher in January 2025. The newest uproar may also be a sign of mid-term up-swing for the firm private investors. ...more
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Promimic Relative Risk vs. Return Landscape
If you would invest 3,400 in Promimic AB on September 4, 2024 and sell it today you would lose (710.00) from holding Promimic AB or give up 20.88% of portfolio value over 90 days. Promimic AB is producing return of less than zero assuming 3.5811% volatility of returns over the 90 days investment horizon. Simply put, 31% 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 = -0.0827
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Estimated Market Risk
| 3.58 actual daily | 31 69% of assets are more volatile |
Expected Return
| -0.3 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.08 actual daily | 0 Most of other assets perform better |
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.| Promimic AB generated a negative expected return over the last 90 days | |
| Promimic AB has high historical volatility and very poor performance | |
| 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.