Photocure (Norway) Today
| PHO Stock | NOK 54.40 0.50 0.93% |
Performance0 of 100
| Odds Of DistressLess than 34
|
Photocure is selling for 54.40 as of the 26th of April 2024. This is a 0.93% increase since the beginning of the trading day. The stock's lowest day price was 53.5. Photocure has about a 34 percent probability of financial distress in the next few years of operation and has generated negative returns over the last 90 days. Equity ratings for Photocure are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 27th of January 2024 and ending today, the 26th of April 2024. Click here to learn more.
Photocure ASA, a specialty pharmaceutical company, engages in the research, development, production, distribution, marketing, and sale of pharmaceutical products and related technical medical equipment in Nordic countries and the United States. Photocure ASA was founded in 1997 and is headquartered in Oslo, Norway. The company has 27.11 M outstanding shares. More on Photocure
Moving together with Photocure Stock
| 0.73 | ACC | Aker Carbon Capture | PairCorr |
Moving against Photocure Stock
| 0.73 | NOAP | Nordic Aqua Partners | PairCorr |
| 0.5 | SDSD | SD Standard Drilling | PairCorr |
| 0.47 | NORTH | North Energy ASA | PairCorr |
Follow Valuation Odds of Bankruptcy
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Photocure 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. Photocure's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Photocure or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| President CEO | Kjetil Hestdal |
| Business Concentration | Health Care, Pharmaceuticals, Drug Manufacturers - Major, Healthcare (View all Sectors) |
Photocure (PHO) is traded on Oslo Stock Exchange in Norway and employs 97 people. The company currently falls under 'Mid-Cap' category with a current market capitalization of 3.07 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Photocure's market, we take the total number of its shares issued and multiply it by Photocure'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. Photocure operates under Pharmaceuticals sector and is part of Health Care industry. The entity has 27.11 M outstanding shares.
Photocure has accumulated about 319.04 M in cash with 23.89 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 4.2.
Check Photocure Probability Of Bankruptcy
Ownership AllocationPhotocure has a total of 27.11 Million outstanding shares. 30% of Photocure outstanding shares are owned by third-party entities. Institutional investors are typically referred to investors that purchase positions in a given stock to benefit from reduced commissions. Consequently, institutional investors are subject to different rules and regulations than regular investors. Please look out for any change in current institutional holding as this could mean something significant has changed at the company or is about to change. 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.
Check Photocure Ownership Details
Photocure Stock Price Odds Analysis
Proceeding from a normal probability distribution, the odds of Photocure jumping above the current price in 90 days from now is about 83.52%. The Photocure probability density function shows the probability of Photocure stock to fall within a particular range of prices over 90 days. Assuming the 90 days trading horizon Photocure has a beta of -0.0233 indicating as returns on the benchmark increase, returns on holding Photocure are expected to decrease at a much lower rate. During a bear market, however, Photocure is likely to outperform the market. Additionally, photocure 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 Photocure to move above the current price in 90 days from now is about 83.52 (This Photocure probability density function shows the probability of Photocure Stock to fall within a particular range of prices over 90 days) .
Photocure Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. Photocure market risk premium is the additional return an investor will receive from holding Photocure 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 Photocure. 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 Photocure's alpha and beta are two of the key measurements used to evaluate Photocure's performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 1.84 | |||
| Standard Deviation | 2.44 | |||
| Variance | 5.96 | |||
| Risk Adjusted Performance | (0.07) |
Photocure Stock Against Markets
Picking the right benchmark for Photocure 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 Photocure 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 Photocure is critical whether you are bullish or bearish towards Photocure at a given time. Please also check how Photocure's historical prices are related to one of the top price index indicators.
Be your own money manager
Our tools can tell you how much better you can do entering a position in Photocure without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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Photocure Corporate Directors
Photocure corporate directors refer to members of a Photocure board of directors. The board of directors generally takes responsibility for the Photocure's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of Photocure's board members must vote for the resolution. The Photocure board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.| Einar Antonsen | Director | Profile | |
| Tove Ringvold | Director | Profile | |
| Synne Roine | Director | Profile | |
| Xavier Yon | Director | Profile |
How to buy Photocure Stock?
Before investing in Photocure, 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 Photocure. To buy Photocure stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Photocure. 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 Photocure stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Photocure 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 Photocure 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 Photocure, 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 Photocure?
The danger of trading Photocure 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 Photocure 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 Photocure. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Photocure 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 Photocure. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors. You can also try the Commodity Channel module to use Commodity Channel Index to analyze current equity momentum.
Complementary Tools for Photocure Stock analysis
When running Photocure's price analysis, check to measure Photocure'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 Photocure is operating at the current time. Most of Photocure's value examination focuses on studying past and present price action to predict the probability of Photocure's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Photocure's price. Additionally, you may evaluate how the addition of Photocure to your portfolios can decrease your overall portfolio volatility.
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