Precise Biometrics (Sweden) Performance
| PREC Stock | SEK 5.72 0.33 5.45% |
On a scale of 0 to 100, Precise Biometrics holds a performance score of 9. The company holds a Beta of -0.34, which implies possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Precise Biometrics are expected to decrease at a much lower rate. During the bear market, Precise Biometrics is likely to outperform the market. Please check Precise Biometrics' downside deviation, standard deviation, total risk alpha, as well as the relationship between the coefficient of variation and jensen alpha , to make a quick decision on whether Precise Biometrics' historical price patterns will revert.
Risk-Adjusted Performance
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Compared to the overall equity markets, risk-adjusted returns on investments in Precise Biometrics AB are ranked lower than 9 (%) of all global equities and portfolios over the last 90 days. In spite of comparatively weak basic indicators, Precise Biometrics unveiled solid returns over the last few months and may actually be approaching a breakup point. ...more
| Begin Period Cash Flow | 76.3 M | |
| Total Cashflows From Investing Activities | -30.3 M |
Precise |
Precise Biometrics Relative Risk vs. Return Landscape
If you would invest 375.00 in Precise Biometrics AB on August 31, 2024 and sell it today you would earn a total of 197.00 from holding Precise Biometrics AB or generate 52.53% return on investment over 90 days. Precise Biometrics AB is generating 0.8999% of daily returns and assumes 7.4611% volatility on return distribution over the 90 days horizon. Simply put, 66% of stocks are less volatile than Precise, and 83% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
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Precise Biometrics Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Precise Biometrics' investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Precise Biometrics AB, and traders can use it to determine the average amount a Precise Biometrics' price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.1206
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Estimated Market Risk
| 7.46 actual daily | 66 66% of assets are less volatile |
Expected Return
| 0.9 actual daily | 17 83% of assets have higher returns |
Risk-Adjusted Return
| 0.12 actual daily | 9 91% of assets perform better |
Based on monthly moving average Precise Biometrics is performing at about 9% 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 Precise Biometrics by adding it to a well-diversified portfolio.
Precise Biometrics Fundamentals Growth
Precise Stock prices reflect investors' perceptions of the future prospects and financial health of Precise Biometrics, and Precise Biometrics fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Precise Stock performance.
| Return On Equity | -0.12 | |||
| Return On Asset | -0.0404 | |||
| Profit Margin | (0.15) % | |||
| Operating Margin | (0.12) % | |||
| Current Valuation | 179.27 M | |||
| Shares Outstanding | 46.43 M | |||
| Price To Earning | 32.08 X | |||
| Price To Book | 1.16 X | |||
| Price To Sales | 1.77 X | |||
| Revenue | 83.32 M | |||
| EBITDA | (13.13 M) | |||
| Cash And Equivalents | 64.1 M | |||
| Cash Per Share | 0.19 X | |||
| Total Debt | 40.46 M | |||
| Book Value Per Share | 3.94 X | |||
| Cash Flow From Operations | (1.49 M) | |||
| Earnings Per Share | (0.33) X | |||
| Total Asset | 241.05 M | |||
| Current Asset | 92 M | |||
| Current Liabilities | 15 M | |||
About Precise Biometrics Performance
Assessing Precise Biometrics' fundamental ratios provides investors with valuable insights into Precise Biometrics' financial health and overall profitability. This information is crucial for making informed investment decisions. A high ROA would indicate that the Precise Biometrics is effectively leveraging its assets and equity to generate significant profits, making it an appealing investment. Conversely, low Return on Assets could signal underlying management issues in assets and equity, indicating a necessity for operational refinements. Please also refer to our technical analysis and fundamental analysis pages.
Precise Biometrics AB develops and sells biometric authentication solutions for peoples digital identity and fingerprints in mobile phones and smart cards. Precise Biometrics AB was founded in 1997 and is headquartered in Lund, Sweden. Precise Biometrics operates under Security Protection Services classification in Sweden and is traded on Stockholm Stock Exchange. It employs 27 people.Things to note about Precise Biometrics performance evaluation
Checking the ongoing alerts about Precise Biometrics for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Precise Biometrics help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Precise Biometrics is way too risky over 90 days horizon | |
| Precise Biometrics appears to be risky and price may revert if volatility continues | |
| The company reported the revenue of 83.32 M. Net Loss for the year was (13.45 M) with profit before overhead, payroll, taxes, and interest of 63.54 M. | |
| Precise Biometrics AB has accumulated about 64.1 M in cash with (1.49 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.19. | |
| Roughly 26.0% of the company outstanding shares are owned by corporate insiders |
- Analyzing Precise Biometrics' financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Precise Biometrics' stock is overvalued or undervalued compared to its peers.
- Examining Precise Biometrics' industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Precise Biometrics' management team can have a significant impact on its success or failure. Reviewing the track record and experience of Precise Biometrics' management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Precise Biometrics' stock. These opinions can provide insight into Precise Biometrics' potential for growth and whether the stock is currently undervalued or overvalued.
Additional Tools for Precise Stock Analysis
When running Precise Biometrics' price analysis, check to measure Precise Biometrics' 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 Precise Biometrics is operating at the current time. Most of Precise Biometrics' value examination focuses on studying past and present price action to predict the probability of Precise Biometrics' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Precise Biometrics' price. Additionally, you may evaluate how the addition of Precise Biometrics to your portfolios can decrease your overall portfolio volatility.