Puretech Health Plc Stock Price on July 9, 2024
| PRTC Stock | USD 22.21 1.18 5.04% |
If you're considering investing in PureTech Stock, it is important to understand the factors that can impact its price. As of today, the current price of PureTech Health stands at 22.21, as last reported on the 1st of December, with the highest price reaching 23.69 and the lowest price hitting 22.15 during the day. At this point, PureTech Health is very steady. PureTech Health PLC maintains Sharpe Ratio (i.e., Efficiency) of 0.0272, which implies the firm had a 0.0272% return per unit of risk over the last 3 months. We have found twenty-three technical indicators for PureTech Health PLC, which you can use to evaluate the volatility of the company. Please check PureTech Health's Variance of 11.27, risk adjusted performance of 9.0E-4, and Coefficient Of Variation of (11,141) to confirm if the risk estimate we provide is consistent with the expected return of 0.0897%.
At present, PureTech Health's Other Stockholder Equity is projected to increase significantly based on the last few years of reporting. The current year's Capital Stock is expected to grow to about 6 M, whereas Total Stockholder Equity is forecasted to decline to about 367.8 M. . At present, PureTech Health's Price To Book Ratio is projected to decrease significantly based on the last few years of reporting. The current year's Price Fair Value is expected to grow to 1.76, whereas Price To Sales Ratio is forecasted to decline to 222.13. PureTech Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
PureTech |
Sharpe Ratio = 0.0272
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Estimated Market Risk
| 3.3 actual daily | 29 71% of assets are more volatile |
Expected Return
| 0.09 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.03 actual daily | 2 98% of assets perform better |
Based on monthly moving average PureTech Health 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 PureTech Health by adding it to a well-diversified portfolio.
Price Book 1.6835 | Enterprise Value Ebitda (51.93) | Price Sales 1.1 K | Shares Float 156.6 M | Wall Street Target Price 52.75 |
PureTech Health Valuation on July 9, 2024
It is possible to determine the worth of PureTech Health on a given historical date. On July 9, 2024 PureTech was worth 22.75 at the beginning of the trading date compared to the closed value of 21.63. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of PureTech Health stock. Still, in general, we apply an absolute valuation method to find PureTech Health'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 PureTech Health where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against PureTech Health's related companies.
| Open | High | Low | Close | Volume | |
| 23.00 | 23.77 | 22.93 | 22.98 | 8,900 | |
07/09/2024 | 22.75 | 22.75 | 21.63 | 21.63 | 3,614 |
| 22.74 | 24.41 | 22.63 | 24.32 | 10,227 |
| Backtest PureTech Health | | | PureTech Health History | | | PureTech Health Valuation | Previous | Next |
PureTech Health Trading Date Momentum on July 9, 2024
| On July 10 2024 PureTech Health PLC was traded for 24.32 at the closing time. The top price for the day was 24.41 and the lowest listed price was 22.63 . The trading volume for the day was 10.2 K. The trading history from July 10, 2024 was a factor to the next trading day price growth. The trading delta at closing time against the next closing price was 12.44% . The trading delta at closing time against the current closing price is 2.40% . |
PureTech Health PLC Fundamentals Correlations and Trends
By evaluating PureTech Health'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 PureTech Health's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. PureTech financial account trend analysis is a perfect complement when working with valuation or volatility modules.About PureTech Health Stock history
PureTech Health 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 PureTech is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in PureTech Health PLC 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 PureTech Health stock prices may prove useful in developing a viable investing in PureTech Health
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 276.3 M | 290.1 M | |
| Net Loss | -69.6 M | -66.2 M |
PureTech Health Quarterly Net Working Capital |
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PureTech Health Stock Technical Analysis
PureTech Health 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
PureTech Health Period Price Range
Low | December 1, 2024
| High |
0.00 | 0.00 |
PureTech Health PLC 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.
PureTech Health December 1, 2024 Market Strength
Market strength indicators help investors to evaluate how PureTech Health stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading PureTech Health shares will generate the highest return on investment. By undertsting and applying PureTech Health stock market strength indicators, traders can identify PureTech Health PLC entry and exit signals to maximize returns
PureTech Health Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for PureTech Health's price direction in advance. Along with the technical and fundamental analysis of PureTech Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of PureTech 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 | 9.0E-4 | |||
| Jensen Alpha | (0.16) | |||
| Total Risk Alpha | (0.60) | |||
| Treynor Ratio | (0.04) |
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Complementary Tools for PureTech Stock analysis
When running PureTech Health's price analysis, check to measure PureTech Health'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 PureTech Health is operating at the current time. Most of PureTech Health's value examination focuses on studying past and present price action to predict the probability of PureTech Health's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move PureTech Health's price. Additionally, you may evaluate how the addition of PureTech Health to your portfolios can decrease your overall portfolio volatility.
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