Photocure Asa Stock Price on May 31, 2024
| PHCUF Stock | USD 5.60 1.12 25.00% |
If you're considering investing in Photocure Pink Sheet, it is important to understand the factors that can impact its price. As of today, the current price of Photocure ASA stands at 5.60, as last reported on the 28th of December, with the highest price reaching 5.60 and the lowest price hitting 5.60 during the day. Photocure ASA appears to be moderately volatile, given 3 months investment horizon. Photocure ASA maintains Sharpe Ratio (i.e., Efficiency) of 0.11, which implies the firm had a 0.11% return per unit of risk over the last 3 months. We have found nineteen technical indicators for Photocure ASA, which you can use to evaluate the volatility of the company. Please evaluate Photocure ASA's Risk Adjusted Performance of 0.0912, coefficient of variation of 957.46, and Variance of 15.02 to confirm if our risk estimates are consistent with your expectations.
Photocure Pink Sheet price history is provided at the adjusted basis, taking into account all of the recent filings.
Photocure |
Sharpe Ratio = 0.1069
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Estimated Market Risk
| 3.97 actual daily | 35 65% of assets are more volatile |
Expected Return
| 0.42 actual daily | 8 92% of assets have higher returns |
Risk-Adjusted Return
| 0.11 actual daily | 8 92% of assets perform better |
Based on monthly moving average Photocure ASA is performing at about 8% 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 Photocure ASA by adding it to a well-diversified portfolio.
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Photocure ASA Valuation on May 31, 2024
It is possible to determine the worth of Photocure ASA on a given historical date. On May 31, 2024 Photocure was worth 5.95 at the beginning of the trading date compared to the closed value of 5.95. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Photocure ASA pink sheet. Still, in general, we apply an absolute valuation method to find Photocure ASA'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 Photocure ASA where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Photocure ASA's related companies.
| Open | High | Low | Close | Volume | |
| 5.95 | 5.95 | 5.95 | 5.95 | 1.00 | |
05/31/2024 | 5.95 | 5.95 | 5.95 | 5.95 | 1.00 |
| 5.95 | 5.95 | 5.95 | 5.95 | 1.00 |
| Backtest Photocure ASA | | | Photocure ASA History | | | Photocure ASA Valuation | Previous | Next |
Photocure ASA Trading Date Momentum on May 31, 2024
| On June 03 2024 Photocure ASA was traded for 5.95 at the closing time. The highest daily price throughout the period was 5.95 and the lowest price was 5.95 . There was no trading activity during the period 1.0. Lack of trading volume on 06/03/2024 did not cause price change. The trading delta at closing time to current closing price is 0.00% . |
Photocure ASA Fundamentals Correlations and Trends
By evaluating Photocure ASA'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 Photocure ASA's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Photocure financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Photocure ASA Pink Sheet history
Photocure ASA 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 Photocure is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Photocure ASA 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 Photocure ASA stock prices may prove useful in developing a viable investing in Photocure ASA
Photocure ASA, a specialty pharmaceutical company, engages in the research, development, production, distribution, marketing, and sale of pharmaceutical products in Nordic countries, Germany, France, Austria, the United Kingdom, the Netherlands, Italy, other European Countries, and the United States. Photocure ASA was founded in 1993 and is headquartered in Oslo, Norway. Photocure ASA operates under Drug ManufacturersSpecialty Generic classification in the United States and is traded on OTC Exchange. It employs 97 people.
Photocure ASA Pink Sheet Technical Analysis
Photocure ASA 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
Photocure ASA Period Price Range
Low | December 28, 2024
| High |
0.00 | 0.00 |
Photocure ASA 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.
Photocure ASA December 28, 2024 Market Strength
Market strength indicators help investors to evaluate how Photocure ASA 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 Photocure ASA shares will generate the highest return on investment. By undertsting and applying Photocure ASA pink sheet market strength indicators, traders can identify Photocure ASA entry and exit signals to maximize returns
Photocure ASA Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Photocure ASA's price direction in advance. Along with the technical and fundamental analysis of Photocure Pink Sheet historical price patterns, it is also worthwhile for investors to track various predictive indicators of Photocure 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 | 0.0912 | |||
| Jensen Alpha | 0.4128 | |||
| Total Risk Alpha | 0.2869 | |||
| Treynor Ratio | (0.49) |
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Complementary Tools for Photocure Pink Sheet analysis
When running Photocure ASA's price analysis, check to measure Photocure ASA'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 Photocure ASA is operating at the current time. Most of Photocure ASA's value examination focuses on studying past and present price action to predict the probability of Photocure ASA's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Photocure ASA's price. Additionally, you may evaluate how the addition of Photocure ASA to your portfolios can decrease your overall portfolio volatility.
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