Promis Neurosciences Stock Price on October 3, 2023

PMN Stock  USD 0.90  0.01  1.10%   
Below is the normalized historical share price chart for ProMIS Neurosciences extending back to January 10, 2007. 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 ProMIS Neurosciences stands at 0.90, as last reported on the 4th of December, with the highest price reaching 0.98 and the lowest price hitting 0.89 during the day.
IPO Date
17th of July 2007
200 Day MA
1.5852
50 Day MA
1.0568
Beta
0.614
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
If you're considering investing in ProMIS Stock, it is important to understand the factors that can impact its price. ProMIS Neurosciences maintains Sharpe Ratio (i.e., Efficiency) of -0.12, which implies the firm had a -0.12% return per unit of risk over the last 3 months. ProMIS Neurosciences exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check ProMIS Neurosciences' Risk Adjusted Performance of (0.08), coefficient of variation of (864.88), and Variance of 21.16 to confirm the risk estimate we provide.
  
At this time, ProMIS Neurosciences' Total Stockholder Equity is very stable compared to the past year. As of the 4th of December 2024, Common Stock Shares Outstanding is likely to grow to about 12.9 M, while Common Stock is likely to drop about 38.3 M. . As of the 4th of December 2024, Price Earnings To Growth Ratio is likely to grow to 0.05, while Price To Sales Ratio is likely to drop 5,071. ProMIS Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.1195

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Estimated Market Risk

 4.61
  actual daily
41
59% of assets are more volatile

Expected Return

 -0.55
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.12
  actual daily
0
Most of other assets perform better
Based on monthly moving average ProMIS Neurosciences 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 ProMIS Neurosciences by adding ProMIS Neurosciences to a well-diversified portfolio.
Price Book
4.045
Enterprise Value Ebitda
(1.74)
Price Sales
5.2 K
Shares Float
9.2 M
Wall Street Target Price
12.2165

Related Headline

Cardio Diagnostics Headline on 3rd of October 2023

Filed transaction by Cardio Diagnostics Holdin director. Exercise or conversion of derivative security exempted pursuant to Rule 16b-3

ProMIS Neurosciences Valuation on October 3, 2023

It is possible to determine the worth of ProMIS Neurosciences on a given historical date. On October 3, 2023 ProMIS was worth 2.06 at the beginning of the trading date compared to the closed value of 2.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of ProMIS Neurosciences stock. Still, in general, we apply an absolute valuation method to find ProMIS Neurosciences' 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 ProMIS Neurosciences where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against ProMIS Neurosciences' related companies.
 Open High Low Close Volume
  2.03    2.12    1.92    1.92    11,200  
10/03/2023
  2.06    2.06    1.98    2.00    36,000  
  1.91    2.00    1.85    1.99    4,200  
Backtest ProMIS Neurosciences  |  ProMIS Neurosciences History  |  ProMIS Neurosciences Valuation   PreviousNext  
Open Value
2.06
2.0
Closing Value
15.90
Upside

ProMIS Neurosciences Trading Date Momentum on October 3, 2023

On October 04 2023 ProMIS Neurosciences was traded for  1.99  at the closing time. Highest ProMIS Neurosciences's price during the trading hours was 2.00  and the lowest price during the day was  1.85 . The net volume was 4.2 K. The overall trading history on the 4th of October contributed to the next trading period price depreciation. The trading delta at closing time to the next next day price was 0.50% . The trading delta at closing time to current price is 7.00% .

ProMIS Neurosciences Fundamentals Correlations and Trends

By evaluating ProMIS Neurosciences' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among ProMIS Neurosciences' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. ProMIS financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About ProMIS Neurosciences Stock history

ProMIS Neurosciences 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 ProMIS is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in ProMIS Neurosciences 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 ProMIS Neurosciences stock prices may prove useful in developing a viable investing in ProMIS Neurosciences
Last ReportedProjected for Next Year
Common Stock Shares Outstanding12.3 M12.9 M
Net Loss-16.3 M-17.1 M

ProMIS Neurosciences Stock Technical Analysis

ProMIS Neurosciences 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.
A focus of ProMIS Neurosciences technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of ProMIS Neurosciences trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

ProMIS Neurosciences Period Price Range

Low
December 4, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

ProMIS Neurosciences 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.

ProMIS Neurosciences December 4, 2024 Market Strength

Market strength indicators help investors to evaluate how ProMIS Neurosciences stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading ProMIS Neurosciences shares will generate the highest return on investment. By undertsting and applying ProMIS Neurosciences stock market strength indicators, traders can identify ProMIS Neurosciences entry and exit signals to maximize returns

ProMIS Neurosciences Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for ProMIS Neurosciences' price direction in advance. Along with the technical and fundamental analysis of ProMIS Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of ProMIS 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.
When determining whether ProMIS Neurosciences offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of ProMIS Neurosciences' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Promis Neurosciences Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Promis Neurosciences Stock:
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in ProMIS Neurosciences. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population.
To learn how to invest in ProMIS Stock, please use our How to Invest in ProMIS Neurosciences guide.
You can also try the AI Portfolio Architect module to use AI to generate optimal portfolios and find profitable investment opportunities.
Is Biotechnology space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of ProMIS Neurosciences. If investors know ProMIS will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about ProMIS Neurosciences listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
0.04
Revenue Per Share
0.001
Return On Assets
(4.81)
Return On Equity
(10.99)
The market value of ProMIS Neurosciences is measured differently than its book value, which is the value of ProMIS that is recorded on the company's balance sheet. Investors also form their own opinion of ProMIS Neurosciences' value that differs from its market value or its book value, called intrinsic value, which is ProMIS Neurosciences' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because ProMIS Neurosciences' market value can be influenced by many factors that don't directly affect ProMIS Neurosciences' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between ProMIS Neurosciences' value and its price as these two are different measures arrived at by different means. Investors typically determine if ProMIS Neurosciences is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ProMIS Neurosciences' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.