Prenetics Global Stock Performance
| PRE Stock | USD 4.30 0.06 1.42% |
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 Prenetics Global are expected to decrease at a much lower rate. During the bear market, Prenetics Global is likely to outperform the market. At this point, Prenetics Global has a negative expected return of -0.41%. Please make sure to check Prenetics Global's maximum drawdown, as well as the relationship between the accumulation distribution and market facilitation index , to decide if Prenetics Global performance from the past will be repeated at some point in the near future.
Risk-Adjusted Performance
Very Weak
Weak | Strong |
Over the last 90 days Prenetics Global has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of fragile performance in the last few months, the Stock's basic indicators remain rather sound which may send shares a bit higher in April 2025. The latest tumult may also be a sign of longer-term up-swing for the firm shareholders. ...more
| Begin Period Cash Flow | 146.7 M |
Prenetics |
Prenetics Global Relative Risk vs. Return Landscape
If you would invest 565.00 in Prenetics Global on December 21, 2024 and sell it today you would lose (135.00) from holding Prenetics Global or give up 23.89% of portfolio value over 90 days. Prenetics Global is generating negative expected returns assuming volatility of 3.1376% on return distribution over 90 days investment horizon. In other words, 28% of stocks are less volatile than Prenetics, and above 99% of all equities are expected to generate higher returns over the next 90 days. Expected Return |
| Risk |
Prenetics Global Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Prenetics Global's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Prenetics Global, and traders can use it to determine the average amount a Prenetics Global's 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 = -0.1294
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| Negative Returns | PRE |
Estimated Market Risk
| 3.14 actual daily | 28 72% of assets are more volatile |
Expected Return
| -0.41 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.13 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Prenetics Global 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 Prenetics Global by adding Prenetics Global to a well-diversified portfolio.
Prenetics Global Fundamentals Growth
Prenetics Stock prices reflect investors' perceptions of the future prospects and financial health of Prenetics Global, and Prenetics Global 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 Prenetics Stock performance.
| Return On Equity | -0.24 | ||||
| Return On Asset | -0.11 | ||||
| Profit Margin | (1.84) % | ||||
| Operating Margin | (1.52) % | ||||
| Current Valuation | 15.46 M | ||||
| Shares Outstanding | 10.64 M | ||||
| Price To Earning | 144.87 X | ||||
| Price To Book | 0.29 X | ||||
| Price To Sales | 2.03 X | ||||
| Revenue | 21.74 M | ||||
| EBITDA | (47.9 M) | ||||
| Cash And Equivalents | 176.27 M | ||||
| Cash Per Share | 1.59 X | ||||
| Total Debt | 2.37 M | ||||
| Debt To Equity | 0.07 % | ||||
| Book Value Per Share | 14.04 X | ||||
| Cash Flow From Operations | (13.76 M) | ||||
| Earnings Per Share | (3.63) X | ||||
| Total Asset | 254.17 M | ||||
| Retained Earnings | (470.77 M) | ||||
About Prenetics Global Performance
By analyzing Prenetics Global's fundamental ratios, stakeholders can gain valuable insights into Prenetics Global's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Prenetics Global has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if Prenetics Global has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
Prenetics Global Limited, an investment holding company, operates as a diagnostics and genetic testing company. Prenetics Global Limited was founded in 2014 and is headquartered in Quarry Bay, Hong Kong. Prenetics Global is traded on NASDAQ Exchange in the United States.Things to note about Prenetics Global performance evaluation
Checking the ongoing alerts about Prenetics Global for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Prenetics Global help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Prenetics Global generated a negative expected return over the last 90 days | |
| Prenetics Global has high historical volatility and very poor performance | |
| The company reported the last year's revenue of 21.74 M. Reported Net Loss for the year was (64.78 M) with profit before taxes, overhead, and interest of 14.17 M. | |
| Prenetics Global has about 176.27 M in cash with (13.76 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.59. | |
| Prenetics Global has a frail financial position based on the latest SEC disclosures | |
| Roughly 21.0% of the company outstanding shares are owned by corporate insiders |
- Analyzing Prenetics Global's 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 Prenetics Global's stock is overvalued or undervalued compared to its peers.
- Examining Prenetics Global's 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 Prenetics Global's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Prenetics Global's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Prenetics Global's stock. These opinions can provide insight into Prenetics Global's potential for growth and whether the stock is currently undervalued or overvalued.
Complementary Tools for Prenetics Stock analysis
When running Prenetics Global's price analysis, check to measure Prenetics Global'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 Prenetics Global is operating at the current time. Most of Prenetics Global's value examination focuses on studying past and present price action to predict the probability of Prenetics Global's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Prenetics Global's price. Additionally, you may evaluate how the addition of Prenetics Global to your portfolios can decrease your overall portfolio volatility.
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