Profound Medical Corp Stock Price on December 18, 2024
| PRN Stock | CAD 10.97 0.25 2.23% |
Below is the normalized historical share price chart for Profound Medical Corp extending back to September 29, 2014. 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 Profound Medical stands at 10.97, as last reported on the 6th of January, with the highest price reaching 11.20 and the lowest price hitting 10.89 during the day.
If you're considering investing in Profound Stock, it is important to understand the factors that can impact its price. As of now, Profound Stock is somewhat reliable. Profound Medical Corp maintains Sharpe Ratio (i.e., Efficiency) of 0.0365, which implies the firm had a 0.0365% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Profound Medical Corp, which you can use to evaluate the volatility of the company. Please check Profound Medical's Risk Adjusted Performance of 0.0361, semi deviation of 2.2, and Coefficient Of Variation of 2819.55 to confirm if the risk estimate we provide is consistent with the expected return of 0.11%.
At this time, Profound Medical's Total Stockholder Equity is very stable compared to the past year. As of the 6th of January 2025, Common Stock Total Equity is likely to grow to about 255.4 M, while Common Stock Shares Outstanding is likely to drop about 12.5 M. . At this time, Profound Medical's Price To Sales Ratio is very stable compared to the past year. As of the 6th of January 2025, Price Earnings To Growth Ratio is likely to grow to 2.70, while Price Earnings Ratio is likely to drop (7.49). Profound Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
200 Day MA 11.3429 | 50 Day MA 10.8043 | Beta 0.83 |
Profound |
Sharpe Ratio = 0.0365
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Estimated Market Risk
| 3.11 actual daily | 27 73% of assets are more volatile |
Expected Return
| 0.11 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
| 0.04 actual daily | 2 98% of assets perform better |
Based on monthly moving average Profound Medical is performing at about 2% 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 Profound Medical by adding it to a well-diversified portfolio.
Price Book 7.5444 | Enterprise Value Ebitda (7.93) | Price Sales 37.5022 | Shares Float 22.3 M | Wall Street Target Price 25.03 |
Profound Medical Main Headline on 18th of December 2024
Closing Bell Profound Medical Corp Down On Thursday - Barcha... by news.google.com
Closing Bell Profound Medical Corp Down On Thursday Barchart
Profound Medical Valuation on December 18, 2024
It is possible to determine the worth of Profound Medical on a given historical date. On December 18, 2024 Profound was worth 10.75 at the beginning of the trading date compared to the closed value of 10.21. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Profound Medical stock. Still, in general, we apply an absolute valuation method to find Profound Medical'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 Profound Medical where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Profound Medical's related companies.
| Open | High | Low | Close | Volume | |
| 10.20 | 10.35 | 10.20 | 10.28 | 18,150 | |
12/18/2024 | 10.75 | 10.75 | 10.18 | 10.21 | 24,114 |
| 10.49 | 10.49 | 10.20 | 10.40 | 5,200 |
| Backtest Profound Medical | | | Profound Medical History | | | Profound Medical Valuation | Previous | Next |
Profound Medical Trading Date Momentum on December 18, 2024
| On December 19 2024 Profound Medical Corp was traded for 10.40 at the closing time. The maximum traded price for the trading interval was 10.49 and the lowest daily price was 10.20 . The daily volume was recorded at 5.2 K. The volume of trading on 19th of December 2024 played a part in the next trading day price boost. The trading delta at closing time to the next closing price was 1.86% . The trading delta at closing time to the closing price today is 2.84% . |
Profound Medical Corp Fundamentals Correlations and Trends
By evaluating Profound Medical'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 Profound Medical's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Profound financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Profound Medical Stock history
Profound Medical 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 Profound is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Profound Medical Corp 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 Profound Medical stock prices may prove useful in developing a viable investing in Profound Medical
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 24.4 M | 12.5 M | |
| Net Loss | -25.8 M | -27.1 M |
Profound Medical Quarterly Net Working Capital |
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Profound Medical Stock Technical Analysis
Profound Medical 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
Profound Medical Period Price Range
Low | January 6, 2025
| High |
0.00 | 0.00 |
Profound Medical Corp cannot be verified against its exchange. Please verify the symbol is currently traded on Toronto 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.
Profound Medical January 6, 2025 Market Strength
Market strength indicators help investors to evaluate how Profound Medical stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Profound Medical shares will generate the highest return on investment. By undertsting and applying Profound Medical stock market strength indicators, traders can identify Profound Medical Corp entry and exit signals to maximize returns
Profound Medical Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Profound Medical's price direction in advance. Along with the technical and fundamental analysis of Profound Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Profound 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 | 0.0361 | |||
| Jensen Alpha | 0.0952 | |||
| Total Risk Alpha | 0.0515 | |||
| Sortino Ratio | 0.0368 | |||
| Treynor Ratio | 0.4895 |
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Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Profound Medical Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. You can also try the Balance Of Power module to check stock momentum by analyzing Balance Of Power indicator and other technical ratios.