Pro Dex Stock Performance

PDEX Stock  USD 39.42  1.81  4.39%   
On a scale of 0 to 100, Pro Dex holds a performance score of 4. The company holds a Beta of 1.61, which implies a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Pro Dex will likely underperform. Please check Pro Dex's skewness, and the relationship between the value at risk and day median price , to make a quick decision on whether Pro Dex's historical price patterns will revert.

Risk-Adjusted Performance

Soft

 
Weak
 
Strong
Compared to the overall equity markets, risk-adjusted returns on investments in Pro Dex are ranked lower than 4 (%) of all global equities and portfolios over the last 90 days. In spite of fairly unsteady technical and fundamental indicators, Pro Dex showed solid returns over the last few months and may actually be approaching a breakup point. ...more
Begin Period Cash Flow2.6 M
Total Cashflows From Investing Activities-238 K

Pro Dex Relative Risk vs. Return Landscape

If you would invest  3,624  in Pro Dex on October 31, 2025 and sell it today you would earn a total of  318.00  from holding Pro Dex or generate 8.77% return on investment over 90 days. Pro Dex is currently generating 0.2058% in daily expected returns and assumes 3.7307% risk (volatility on return distribution) over the 90 days horizon. In different words, 33% of stocks are less volatile than Pro, and 96% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon.
  Expected Return   
       Risk  
Given the investment horizon of 90 days Pro Dex is expected to generate 4.98 times more return on investment than the market. However, the company is 4.98 times more volatile than its market benchmark. It trades about 0.06 of its potential returns per unit of risk. The Dow Jones Industrial is currently generating roughly 0.07 per unit of risk.

Pro Dex Target Price Odds to finish over Current Price

The tendency of Pro Stock price to converge on an average value over time is a known aspect in finance that investors have used since the beginning of the stock market for forecasting. However, many studies suggest that some traded equity instruments are consistently mispriced before traders' demand and supply correct the spread. One possible conclusion to this anomaly is that these stocks have additional risk, for which investors demand compensation in the form of extra returns.
Current PriceHorizonTarget PriceOdds to move above the current price in 90 days
 39.42 90 days 39.42 
about 38.86
Based on a normal probability distribution, the odds of Pro Dex to move above the current price in 90 days from now is about 38.86 (This Pro Dex probability density function shows the probability of Pro Stock to fall within a particular range of prices over 90 days) .
Given the investment horizon of 90 days the stock has the beta coefficient of 1.61 indicating as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Pro Dex will likely underperform. Additionally Pro Dex has an alpha of 0.113, implying that it can generate a 0.11 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta).
   Pro Dex Price Density   
       Price  

Predictive Modules for Pro Dex

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Pro Dex. Regardless of method or technology, however, to accurately forecast the stock market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the stock market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Pro Dex's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Hype
Prediction
LowEstimatedHigh
35.6939.4243.15
Details
Intrinsic
Valuation
LowRealHigh
28.2832.0143.36
Details
Naive
Forecast
LowNextHigh
35.2939.0242.75
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
37.7140.3643.00
Details

Pro Dex Risk Indicators

For the most part, the last 10-20 years have been a very volatile time for the stock market. Pro Dex is not an exception. The market had few large corrections towards the Pro Dex's value, including both sudden drops in prices as well as massive rallies. These swings have made and broken many portfolios. An investor can limit the violent swings in their portfolio by implementing a hedging strategy designed to limit downside losses. If you hold Pro Dex, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Pro Dex within the framework of very fundamental risk indicators.
α
Alpha over Dow Jones
0.11
β
Beta against Dow Jones1.61
σ
Overall volatility
4.17
Ir
Information ratio 0.04

Pro Dex Alerts and Suggestions

In today's market, stock alerts give investors the competitive edge they need to time the market and increase returns. Checking the ongoing alerts of Pro Dex for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Pro Dex can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.
Pro Dex had very high historical volatility over the last 90 days
Pro Dex currently holds about 1.6 M in cash with (1.68 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.44.
Roughly 36.0% of the company outstanding shares are owned by corporate insiders

Pro Dex Price Density Drivers

Market volatility will typically increase when nervous long traders begin to feel the short-sellers pressure to drive the market lower. The future price of Pro Stock often depends not only on the future outlook of the current and potential Pro Dex's investors but also on the ongoing dynamics between investors with different trading styles. Because the market risk indicators may have small false signals, it is better to identify suitable times to hedge a portfolio using different long/short signals. Pro Dex's indicators that are reflective of the short sentiment are summarized in the table below.
Common Stock Shares Outstanding3.4 M
Cash And Short Term Investments7.2 M

Pro Dex Fundamentals Growth

Pro Stock prices reflect investors' perceptions of the future prospects and financial health of Pro Dex, and Pro Dex 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 Pro Stock performance.

About Pro Dex Performance

Evaluating Pro Dex's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Pro Dex 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 Pro Dex has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements. Please also refer to our technical analysis and fundamental analysis pages.
Pro-Dex, Inc. designs, develops, manufactures, and sells powered surgical instruments for medical device original equipment manufacturers worldwide. The company was founded in 1978 and is headquartered in Irvine, California. Pro Dex operates under Medical Instruments Supplies classification in the United States and is traded on NASDAQ Exchange. It employs 134 people.

Things to note about Pro Dex performance evaluation

Checking the ongoing alerts about Pro Dex for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Pro Dex help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
Pro Dex had very high historical volatility over the last 90 days
Pro Dex currently holds about 1.6 M in cash with (1.68 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.44.
Roughly 36.0% of the company outstanding shares are owned by corporate insiders
Evaluating Pro Dex's performance can involve analyzing a variety of financial metrics and factors. Some of the key considerations to evaluate Pro Dex's stock performance include:
  • Analyzing Pro Dex'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 Pro Dex's stock is overvalued or undervalued compared to its peers.
  • Examining Pro Dex'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 Pro Dex's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Pro Dex's management team can help you assess the Company's leadership.
  • Pay attention to analyst opinions and ratings of Pro Dex's stock. These opinions can provide insight into Pro Dex's potential for growth and whether the stock is currently undervalued or overvalued.
It's essential to remember that evaluating Pro Dex's stock performance is not an exact science, and many factors can impact Pro Dex's stock market price. Therefore, it's also important to diversify your portfolio and not rely solely on one company or stock for your investments.

Additional Tools for Pro Stock Analysis

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