Protagonist Therapeutics Stock Statistic Functions Beta

PTGX Stock  USD 44.95  0.12  0.27%   
Protagonist Therapeutics statistic functions tool provides the execution environment for running the Beta function and other technical functions against Protagonist Therapeutics. Protagonist Therapeutics value trend is the prevailing direction of the price over some defined period of time. The concept of trend is an important idea in technical analysis, including the analysis of statistic functions indicators. As with most other technical indicators, the Beta function function is designed to identify and follow existing trends. Protagonist Therapeutics statistical functions help analysts to determine different price movement patterns based on how price series statistical indicators change over time. Please specify Time Period to run this model.

Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. The Beta measures systematic risk based on how returns on Protagonist Therapeutics correlated with the market. If Beta is less than 0 Protagonist Therapeutics generally moves in the opposite direction as compared to the market. If Protagonist Therapeutics Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Protagonist Therapeutics is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Protagonist Therapeutics is generally in the same direction as the market. If Beta > 1 Protagonist Therapeutics moves generally in the same direction as, but more than the movement of the benchmark.

Protagonist Therapeutics Technical Analysis Modules

Most technical analysis of Protagonist Therapeutics help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Protagonist from various momentum indicators to cycle indicators. When you analyze Protagonist charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur.

About Protagonist Therapeutics Predictive Technical Analysis

Predictive technical analysis modules help investors to analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Protagonist Therapeutics. We use our internally-developed statistical techniques to arrive at the intrinsic value of Protagonist Therapeutics based on widely used predictive technical indicators. In general, we focus on analyzing Protagonist Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Protagonist Therapeutics's daily price indicators and compare them against related drivers, such as statistic functions and various other types of predictive indicators. Using this methodology combined with a more conventional technical analysis and fundamental analysis, we attempt to find the most accurate representation of Protagonist Therapeutics's intrinsic value. In addition to deriving basic predictive indicators for Protagonist Therapeutics, we also check how macroeconomic factors affect Protagonist Therapeutics price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
 2021 2022 2023 (projected)
Current Ratio7.747.6116.71
Net Debt To EBITDA0.960.932.05
Hype
Prediction
LowEstimatedHigh
42.1844.9747.76
Details
Intrinsic
Valuation
LowRealHigh
39.7142.5045.29
Details
8 Analysts
Consensus
LowTargetHigh
37.0840.7545.23
Details
Earnings
Estimates (0)
LowProjected EPSHigh
0.410.600.93
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Protagonist Therapeutics. Your research has to be compared to or analyzed against Protagonist Therapeutics' peers to derive any actionable benefits. When done correctly, Protagonist Therapeutics' competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Protagonist Therapeutics.

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Additional Tools for Protagonist Stock Analysis

When running Protagonist Therapeutics' price analysis, check to measure Protagonist Therapeutics' 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 Protagonist Therapeutics is operating at the current time. Most of Protagonist Therapeutics' value examination focuses on studying past and present price action to predict the probability of Protagonist Therapeutics' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Protagonist Therapeutics' price. Additionally, you may evaluate how the addition of Protagonist Therapeutics to your portfolios can decrease your overall portfolio volatility.