Psychemedics Stock Price on May 24, 2023
| PMD Stock | USD 1.85 0.76 29.12% |
Below is the normalized historical share price chart for Psychemedics extending back to January 22, 1987. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Psychemedics stands at 1.85, as last reported on the 20th of December, with the highest price reaching 2.77 and the lowest price hitting 1.85 during the day.
If you're considering investing in Psychemedics Stock, it is important to understand the factors that can impact its price. Psychemedics maintains Sharpe Ratio (i.e., Efficiency) of -0.0182, which implies the firm had a -0.0182% return per unit of risk over the last 3 months. Psychemedics exposes thirty different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Psychemedics' Coefficient Of Variation of 1457.34, semi deviation of 3.35, and Risk Adjusted Performance of 0.063 to confirm the risk estimate we provide.
Psychemedics Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 17th of February 1994 | 200 Day MA 2.4048 | 50 Day MA 2.3262 | Beta 0.674 |
Psychemedics |
Sharpe Ratio = -0.0182
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | PMD |
Estimated Market Risk
| 6.87 actual daily | 61 61% of assets are less volatile |
Expected Return
| -0.13 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.02 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Psychemedics 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 Psychemedics by adding Psychemedics to a well-diversified portfolio.
Price Book 1.9513 | Enterprise Value Ebitda 12.9063 | Price Sales 0.7571 | Shares Float 4.3 M | Wall Street Target Price 32 |
Psychemedics Main Headline on 24th of May 2023
Payment of 375 shares by Michael Schaffer of Psychemedics su... by Michael Schaffer
Filed transaction by Psychemedics Corp officer. Payment of exercise price or tax liability by delivering or withholding securities
Psychemedics Valuation on May 24, 2023
It is possible to determine the worth of Psychemedics on a given historical date. On May 24, 2023 Psychemedics was worth 4.92 at the beginning of the trading date compared to the closed value of 4.93. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Psychemedics stock. Still, in general, we apply an absolute valuation method to find Psychemedics' 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 Psychemedics where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Psychemedics' related companies.
| Open | High | Low | Close | Volume | |
| 4.90 | 4.96 | 4.89 | 4.89 | 10,068 | |
05/24/2023 | 4.92 | 5.09 | 4.92 | 4.93 | 18,664 |
| 5.00 | 5.00 | 4.88 | 4.88 | 3,180 |
| Backtest Psychemedics | | | Psychemedics History | | | Psychemedics Valuation | Previous | Next |
Psychemedics Trading Date Momentum on May 24, 2023
| On May 25 2023 Psychemedics was traded for 4.88 at the closing time. Highest Psychemedics's price during the trading hours was 5.00 and the lowest price during the day was 4.88 . The net volume was 3.2 K. The overall trading history on the 25th of May contributed to the next trading period price depreciation. The trading delta at closing time to the next next day price was 1.01% . The trading delta at closing time to current price is 3.85% . |
Psychemedics Fundamentals Correlations and Trends
By evaluating Psychemedics' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Psychemedics' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Psychemedics financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Psychemedics Stock history
Psychemedics 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 Psychemedics is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Psychemedics 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 Psychemedics stock prices may prove useful in developing a viable investing in Psychemedics
Psychemedics Corporation provides testing services for the detection of drugs of abuse through the analysis of hair samples in the United States, Brazil, and internationally. Psychemedics Corporation was incorporated in 1986 and is headquartered in Acton, Massachusetts. Psychemedics operates under Diagnostics Research classification in the United States and is traded on NASDAQ Exchange. It employs 1 people.
Psychemedics Quarterly Net Working Capital |
|
Psychemedics Stock Technical Analysis
Psychemedics technical stock 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, stock market cycles, or different charting patterns.
Price Boundaries
Psychemedics Period Price Range
Low | December 20, 2024
| High |
0.00 | 0.00 |
Psychemedics cannot be verified against its exchange. Please verify the symbol is currently traded on NASDAQ 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.
Psychemedics December 20, 2024 Market Strength
Market strength indicators help investors to evaluate how Psychemedics stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Psychemedics shares will generate the highest return on investment. By undertsting and applying Psychemedics stock market strength indicators, traders can identify Psychemedics entry and exit signals to maximize returns
Psychemedics Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Psychemedics' price direction in advance. Along with the technical and fundamental analysis of Psychemedics Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Psychemedics 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 | 0.063 | |||
| Jensen Alpha | 0.3603 | |||
| Total Risk Alpha | 0.1983 | |||
| Sortino Ratio | 0.0681 | |||
| Treynor Ratio | (1.66) |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Complementary Tools for Psychemedics Stock analysis
When running Psychemedics' price analysis, check to measure Psychemedics' 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 Psychemedics is operating at the current time. Most of Psychemedics' value examination focuses on studying past and present price action to predict the probability of Psychemedics' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Psychemedics' price. Additionally, you may evaluate how the addition of Psychemedics to your portfolios can decrease your overall portfolio volatility.
| My Watchlist Analysis Analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like | |
| Transaction History View history of all your transactions and understand their impact on performance | |
| Risk-Return Analysis View associations between returns expected from investment and the risk you assume | |
| Insider Screener Find insiders across different sectors to evaluate their impact on performance | |
| Portfolio Analyzer Portfolio analysis module that provides access to portfolio diagnostics and optimization engine | |
| Economic Indicators Top statistical indicators that provide insights into how an economy is performing | |
| Price Transformation Use Price Transformation models to analyze the depth of different equity instruments across global markets | |
| Volatility Analysis Get historical volatility and risk analysis based on latest market data | |
| Sync Your Broker Sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors. |