Prenetics Global is not in a good financial situation at the present time. It has a very high chance of going through financial crunch in April. At present, Prenetics Global's Other Current Liabilities is projected to increase significantly based on the last few years of reporting. The current year's Total Current Liabilities is expected to grow to about 47.2 M, whereas Total Stockholder Equity is forecasted to decline to about 176.4 M. Key indicators impacting Prenetics Global's financial strength include:
The essential information of the day-to-day investment outlook for Prenetics Global includes many different criteria found on its balance sheet. An individual investor should monitor Prenetics Global's cash flow, debt, and profitability to accurately make informed decisions on whether to invest in Prenetics Global.
Please note, the presentation of Prenetics Global's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Prenetics Global's management is honest, while the outside auditors are strict and uncompromising. Please utilize our Beneish M Score to check the likelihood of Prenetics Global's management manipulating its earnings.
Prenetics Global Stock Summary
Prenetics Global competes with Neogen, Qiagen NV, Aclaris Therapeutics, Fonar, and Burning Rock. 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.
Comparative valuation techniques use various fundamental indicators to help in determining Prenetics Global's current stock value. Our valuation model uses many indicators to compare Prenetics Global value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Prenetics Global competition to find correlations between indicators driving Prenetics Global's intrinsic value. More Info.
Prenetics Global is considered to be number one stock in return on equity category among its peers. It also is considered to be number one stock in return on asset category among its peers . At present, Prenetics Global's Return On Equity is projected to increase slightly based on the last few years of reporting. Comparative valuation analysis is a catch-all technique that is used if you cannot value Prenetics Global by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.
Prenetics Global Systematic Risk
Prenetics Global's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Prenetics Global volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was twenty with a total number of output elements of fourty-one. The Beta measures systematic risk based on how returns on Prenetics Global correlated with the market. If Beta is less than 0 Prenetics Global generally moves in the opposite direction as compared to the market. If Prenetics Global Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Prenetics Global is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Prenetics Global is generally in the same direction as the market. If Beta > 1 Prenetics Global moves generally in the same direction as, but more than the movement of the benchmark.
Prenetics Global Thematic Clasifications
Prenetics Global is part of Measuring and Control Equipment investing theme. If you are a theme-oriented, socially responsible, and at the same time, a result-driven investor, you can align your investing habits with your values without jeopardizing your expectations about returns. You can easily create an optimal portfolio of stocks, ETFs, funds, or cryptocurrencies based on a specific theme of your liking. USA Equities from Measuring and Control Equipment industry as classified by Fama & French. Fama and French investing themes focus on testing asset pricing under different economic assumptions
This theme covers USA Equities from Measuring and Control Equipment industry as classified by Fama & French. Fama and French investing themes focus on testing asset pricing under different economic assumptions. Get More Thematic Ideas
Today, most investors in Prenetics Global Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Prenetics Global's growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of Prenetics Global growth as a starting point in their analysis.
Price Earnings To Growth Ratio
0.0136
At present, Prenetics Global's Price Earnings To Growth Ratio is projected to drop slightly based on the last few years of reporting.
Prenetics Global March 21, 2025 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Prenetics Global help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Prenetics Global. We use our internally-developed statistical techniques to arrive at the intrinsic value of Prenetics Global based on widely used predictive technical indicators. In general, we focus on analyzing Prenetics Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Prenetics Global's daily price indicators and compare them against related drivers.
When running Prenetics Global's price analysis, check to measure Prenetics Global'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 Prenetics Global is operating at the current time. Most of Prenetics Global's value examination focuses on studying past and present price action to predict the probability of Prenetics Global's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Prenetics Global's price. Additionally, you may evaluate how the addition of Prenetics Global to your portfolios can decrease your overall portfolio volatility.