Protokinetix Stock Today
| PKTX Stock | USD 0.02 0 5.88% |
Performance3 of 100
| Odds Of DistressLess than 46
|
Protokinetix is trading at 0.016 as of the 1st of May 2024; that is -5.88 percent decrease since the beginning of the trading day. The stock's open price was 0.017. Protokinetix has 46 percent odds of going through some form of financial distress in the next two years and did not have a very good performance for investor during the last 90 trading days. Equity ratings for Protokinetix are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 1st of April 2024 and ending today, the 1st of May 2024. Click here to learn more.
ProtoKinetix, Incorporated, a research and development stage bio-technology company, focuses on the scientific medical research of anti-freeze glycoproteins or anti-aging glycoproteins . ProtoKinetix, Incorporated was incorporated in 1999 and is based in Marietta, Ohio. The company has 316.85 M outstanding shares. More on Protokinetix
Follow Valuation Odds of Bankruptcy
Check how we calculate scores
Protokinetix OTC 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. Protokinetix's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Protokinetix or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Chairman, CEO and Pres | Clarence Smith |
| Business Concentration | Biotechnology, Healthcare (View all Sectors) |
Protokinetix [PKTX] is traded as part of a regulated electronic over-the-counter service offered by the NASD. The company currently falls under 'Nano-Cap' category with a current market capitalization of 9.51 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Protokinetix's market, we take the total number of its shares issued and multiply it by Protokinetix'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. Protokinetix conducts business under Healthcare sector and is part of Biotechnology industry. The entity has 316.85 M outstanding shares.
Protokinetix currently holds about 18.83 K in cash with (889.89 K) of positive cash flow from operations.
Check Protokinetix Probability Of Bankruptcy
Ownership AllocationProtokinetix owns a total of 316.85 Million outstanding shares. Protokinetix 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. Please note that no matter how many assets the company maintains, if the real value of the company is less than the current market value, you may not be able to make money on it.
Check Protokinetix Ownership Details
Protokinetix Stock Price Odds Analysis
Based on a normal probability distribution, the odds of Protokinetix jumping above the current price in 90 days from now is about 79.3%. The Protokinetix probability density function shows the probability of Protokinetix otc stock to fall within a particular range of prices over 90 days. Given the investment horizon of 90 days Protokinetix has a beta of -1.2612 indicating as returns on its benchmark rise, returns on holding Protokinetix are expected to decrease by similarly larger amounts. On the other hand, during market turmoils, Protokinetix is expected to outperform its benchmark. Additionally, protokinetix has an alpha of 0.9071, implying that it can generate a 0.91 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
Based on a normal probability distribution, the odds of Protokinetix to move above the current price in 90 days from now is about 79.3 (This Protokinetix probability density function shows the probability of Protokinetix OTC Stock to fall within a particular range of prices over 90 days) .
Protokinetix Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. Protokinetix market risk premium is the additional return an investor will receive from holding Protokinetix 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 Protokinetix. 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 Protokinetix's alpha and beta are two of the key measurements used to evaluate Protokinetix's performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 7.58 | |||
| Semi Deviation | 8.75 | |||
| Standard Deviation | 10.73 | |||
| Variance | 115.16 |
Protokinetix Stock Against Markets
Picking the right benchmark for Protokinetix otc 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 Protokinetix otc 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 Protokinetix is critical whether you are bullish or bearish towards Protokinetix at a given time. Please also check how Protokinetix'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 Protokinetix 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?
Run Competition Analyzer Now
Competition AnalyzerAnalyze and compare many basic indicators for a group of related or unrelated entities |
| All Next | Launch Module |
Protokinetix Corporate Executives
Elected by the shareholders, the Protokinetix's board of directors comprises two types of representatives: Protokinetix inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Protokinetix. The board's role is to monitor Protokinetix's management team and ensure that shareholders' interests are well served. Protokinetix's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Protokinetix's outside directors are responsible for providing unbiased perspectives on the board's policies.
How to buy Protokinetix OTC Stock?
Before investing in Protokinetix, 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 Protokinetix. To buy Protokinetix stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Protokinetix. 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 Protokinetix stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Protokinetix 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 Protokinetix 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 Protokinetix, 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 Protokinetix?
The danger of trading Protokinetix is mainly related to its market volatility and OTC Stock 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 Protokinetix 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 Protokinetix. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Protokinetix 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 Protokinetix. Also, note that the market value of any otc stock could be tightly coupled with the direction of predictive economic indicators such as signals in estimate. You can also try the Crypto Correlations module to use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins.
Complementary Tools for Protokinetix OTC Stock analysis
When running Protokinetix's price analysis, check to measure Protokinetix'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 Protokinetix is operating at the current time. Most of Protokinetix's value examination focuses on studying past and present price action to predict the probability of Protokinetix's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Protokinetix's price. Additionally, you may evaluate how the addition of Protokinetix to your portfolios can decrease your overall portfolio volatility.
| Cryptocurrency Center Build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency | |
| Money Flow Index Determine momentum by analyzing Money Flow Index and other technical indicators | |
| Transaction History View history of all your transactions and understand their impact on performance | |
| Share Portfolio Track or share privately all of your investments from the convenience of any device | |
| Latest Portfolios Quick portfolio dashboard that showcases your latest portfolios | |
| Price Transformation Use Price Transformation models to analyze the depth of different equity instruments across global markets | |
| Fundamental Analysis View fundamental data based on most recent published financial statements | |
| Theme Ratings Determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
| Piotroski F Score Get Piotroski F Score based on the binary analysis strategy of nine different fundamentals | |
| Pattern Recognition Use different Pattern Recognition models to time the market across multiple global exchanges | |
| Efficient Frontier Plot and analyze your portfolio and positions against risk-return landscape of the market. |