Principal Technologies Stock Today
| PTEC Stock | 0.15 0.00 0.00% |
Performance0 of 100
| Odds Of DistressOver 86
|
Principal Technologies is selling for under 0.15 as of the 6th of May 2024; that is No Change since the beginning of the trading day. The stock's lowest day price was 0.15. Principal Technologies has a very high chance of experiencing financial distress in the next few years of operation. It has also generated negative returns for investors over the last 90 days. Equity ratings for Principal Technologies are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 6th of April 2024 and ending today, the 6th of May 2024. Click here to learn more.
Business Domain Health Care Equipment & Services | Category Healthcare | Classification Health Care |
Principal Technologies is entity of Canada. It is traded as Stock on V exchange. The company has 32.87 M outstanding shares of which 30 K shares are at this time shorted by private and institutional investors with about 4.94 days to cover all short positions. More on Principal Technologies
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Principal Stock Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Principal Technologies' investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Principal Technologies or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| President CEO | Gerald Trent |
| Business Concentration | Health Care Technology, Health Care Equipment & Services, Health Care, Health Care, Health Care Technology, Shell Companies, Financial Services (View all Sectors) |
Principal Technologies (PTEC) is traded on TSX Venture Exchange in Canada and employs 4 people. Principal Technologies is listed under Health Care Technology category by Fama And French industry classification. The company currently falls under 'Nano-Cap' category with a current market capitalization of 4.93 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Principal Technologies's market, we take the total number of its shares issued and multiply it by Principal Technologies's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Principal Technologies operates under Health Care Technology sector and is part of Health Care industry. The entity has 32.87 M outstanding shares of which 30 K shares are at this time shorted by private and institutional investors with about 4.94 days to cover all short positions.
Principal Technologies generates negative cash flow from operations
Check Principal Technologies Probability Of Bankruptcy
Ownership AllocationPrincipal Technologies has a total of 32.87 Million outstanding shares. Principal Technologies has significant amount of outstanding shares owned by insiders. An insider is usually defined as a CEO, other corporate executive, director, or institutional investor who own at least 10% of the company's outstanding shares. Since such a large part of the company is owned by insiders, it is advisable to analyze if each of these insiders have been buying or selling the stock in recent months. Remember, it does not matter who owns the company or if the company is currently losing money. If the true value of the company is more than the market pays for it currently, you can still have a good investment opportunity.
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Principal Stock Price Odds Analysis
Depending on a normal probability distribution, the odds of Principal Technologies jumping above the current price in 90 days from now is about 50.0%. The Principal Technologies probability density function shows the probability of Principal Technologies stock to fall within a particular range of prices over 90 days. Assuming the 90 days trading horizon Principal Technologies has a beta of 0.1154 indicating as returns on the market go up, Principal Technologies average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Principal Technologies will be expected to be much smaller as well. Additionally, principal Technologies has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite.
Based on a normal probability distribution, the odds of Principal Technologies to move above the current price in 90 days from now is about 50.0 (This Principal Technologies probability density function shows the probability of Principal Stock to fall within a particular range of prices over 90 days) .
Principal Technologies Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. Principal Technologies market risk premium is the additional return an investor will receive from holding Principal Technologies long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Principal Technologies. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although Principal Technologies' alpha and beta are two of the key measurements used to evaluate Principal Technologies' performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 0.2018 | |||
| Standard Deviation | 1.13 | |||
| Variance | 1.28 | |||
| Risk Adjusted Performance | 0.0079 |
Principal Stock Against Markets
Picking the right benchmark for Principal Technologies stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Principal Technologies stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Principal Technologies is critical whether you are bullish or bearish towards Principal Technologies at a given time. Please also check how Principal Technologies' historical prices are related to one of the top price index indicators.
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| All Next | Launch Module |
Principal Technologies Corporate Executives
Elected by the shareholders, the Principal Technologies' board of directors comprises two types of representatives: Principal Technologies inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Principal. The board's role is to monitor Principal Technologies' management team and ensure that shareholders' interests are well served. Principal Technologies' inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Principal Technologies' outside directors are responsible for providing unbiased perspectives on the board's policies.
How to buy Principal Stock?
Before investing in Principal Technologies, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Principal Technologies. To buy Principal Technologies stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Principal Technologies. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase Principal Technologies stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Principal Technologies stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased Principal Technologies stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as Principal Technologies, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments.
Already Invested in Principal Technologies?
The danger of trading Principal Technologies is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Principal Technologies is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Principal Technologies. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Principal Technologies is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Principal Technologies. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in main economic indicators. Note that the Principal Technologies information on this page should be used as a complementary analysis to other Principal Technologies' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Portfolio Rebalancing module to analyze risk-adjusted returns against different time horizons to find asset-allocation targets.
Complementary Tools for Principal Stock analysis
When running Principal Technologies' price analysis, check to measure Principal Technologies' 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 Principal Technologies is operating at the current time. Most of Principal Technologies' value examination focuses on studying past and present price action to predict the probability of Principal Technologies' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Principal Technologies' price. Additionally, you may evaluate how the addition of Principal Technologies to your portfolios can decrease your overall portfolio volatility.
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