Prime Medicine, Common Etf Year To Date Return
| PRME Etf | USD 2.64 0.27 9.28% |
Prime Medicine, Common fundamentals help investors to digest information that contributes to Prime Medicine,'s financial success or failures. It also enables traders to predict the movement of Prime Etf. The fundamental analysis module provides a way to measure Prime Medicine,'s intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Prime Medicine, etf.
Prime |
Prime Medicine, Common ETF Year To Date Return Analysis
Prime Medicine,'s Year to Date Return (YTD) is the total return generated from holding a security from the beginning of the current fiscal year. In other words, YTD Return represents the capital appreciation of your investments from the start of the current fiscal year.
More About Year To Date Return | All Equity Analysis
YTD Return | = | (Mean of Monthly Returns - 1) | X | 100% |
Year-To-Date typically refers to a period starting from the beginning of the current year and continuing up to the present day. Investors should becareful when comparing YTD ratios if not much of the year has occurred as research shows that YTD measures are more sensitive to early periods than late.
| Competition |
Based on the company's disclosures, Prime Medicine, Common has a Year To Date Return of 0.0%. This indicator is about the same for the Biotechnology average (which is currently at 0.0) family and about the same as Health Care (which currently averages 0.0) category. This indicator is about the same for all United States etfs average (which is currently at 0.0).
Prime Year To Date Return Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Prime Medicine,'s direct or indirect competition against its Year To Date Return to detect undervalued stocks with similar characteristics or determine the etfs which would be a good addition to a portfolio. Peer analysis of Prime Medicine, could also be used in its relative valuation, which is a method of valuing Prime Medicine, by comparing valuation metrics of similar companies.Prime Medicine, is currently under evaluation in year to date return as compared to similar ETFs.
Fund Asset Allocation for Prime Medicine,
The fund invests 99.55% of asset under management in tradable equity instruments, with the rest of investments concentrated in various types of exotic instruments.Asset allocation divides Prime Medicine,'s investment portfolio among different asset categories to balance risk and reward by investing in a diversified mix of instruments that align with the investor's goals, risk tolerance, and time horizon. Mutual funds, which pool money from multiple investors to buy a diversified portfolio of securities, use asset allocation strategies to manage the risk and return of their portfolios.
Mutual funds allocate their assets by investing in a diversified portfolio of securities, such as stocks, bonds, cryptocurrencies and cash. The specific mix of these securities is determined by the fund's investment objective and strategy. For example, a stock mutual fund may invest primarily in equities, while a bond mutual fund may invest mainly in fixed-income securities. The fund's manager, responsible for making investment decisions, will buy and sell securities in the fund's portfolio as market conditions and the fund's objectives change.
Prime Fundamentals
| Return On Equity | -1.14 | ||||
| Return On Asset | -0.47 | ||||
| Operating Margin | (259.48) % | ||||
| Current Valuation | 211.99 M | ||||
| Shares Outstanding | 131.16 M | ||||
| Shares Owned By Insiders | 23.90 % | ||||
| Shares Owned By Institutions | 62.35 % | ||||
| Number Of Shares Shorted | 15.76 M | ||||
| Price To Earning | 14.40 X | ||||
| Price To Book | 1.83 X | ||||
| Price To Sales | 432.83 X | ||||
| Gross Profit | (86.72 M) | ||||
| EBITDA | (193.76 M) | ||||
| Net Income | (198.13 M) | ||||
| Cash And Equivalents | 146.66 M | ||||
| Cash Per Share | 6.39 X | ||||
| Total Debt | 13.63 M | ||||
| Debt To Equity | 0.18 % | ||||
| Current Ratio | 6.70 X | ||||
| Book Value Per Share | 1.49 X | ||||
| Cash Flow From Operations | (165.41 M) | ||||
| Short Ratio | 13.89 X | ||||
| Earnings Per Share | (2.06) X | ||||
| Target Price | 13.09 | ||||
| Number Of Employees | 234 | ||||
| Beta | 2.09 | ||||
| Market Capitalization | 346.27 M | ||||
| Total Asset | 193.85 M | ||||
| Retained Earnings | (491.33 M) | ||||
| Working Capital | 86.55 M | ||||
| One Year Return | (0.31) % | ||||
| Three Year Return | 3.82 % | ||||
| Net Asset | 193.85 M | ||||
| Equity Positions Weight | 99.55 % |
About Prime Medicine, Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Prime Medicine, Common's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Prime Medicine, using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Prime Medicine, Common based on its fundamental data. In general, a quantitative approach, as applied to this etf, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Other Information on Investing in Prime Etf
Prime Medicine, financial ratios help investors to determine whether Prime Etf is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Prime with respect to the benefits of owning Prime Medicine, security.