Progenity Financial Statements From 2010 to 2024
Progenity financial statements provide useful quarterly and yearly information to potential Progenity investors about the company's current and past financial position, as well as its overall management performance and changes in financial position over time. Historical trend examination of various income statement and balance sheet accounts found on Progenity financial statements helps investors assess Progenity's valuation, profitability, and current liquidity needs. Key fundamental drivers impacting Progenity's valuation are summarized below:Progenity does not presently have any trending fundamental ratios for analysis.
This module can also supplement various Progenity Technical models . Check out Your Equity Center to better understand how to build diversified portfolios. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in persons.
Check Progenity financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Progenity main balance sheet or income statement drivers, such as , as well as many exotic indicators such as . Progenity financial statements analysis is a perfect complement when working with Progenity Valuation or Volatility modules.
Progenity |
Progenity Company Return On Asset Analysis
Progenity's Return on Asset or ROA shows how effective is the management of the company in generating income from utilizing all of the assets at their disposal. It is a useful ratio to evaluate the performance of different departments of a company as well as to understand management performance over time.
Current Progenity Return On Asset | -55.95 |
Most of Progenity's fundamental indicators, such as Return On Asset, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Progenity is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Return on Asset measures overall efficiency of a company in generating profits from its total assets. It is expressed as the percentage of profits earned per dollar of Asset. A low ROA typically means that a company is asset-intensive and therefore will needs more money to continue generating revenue in the future.
CompetitionBased on the latest financial disclosure, Progenity has a Return On Asset of -55.95. This is much higher than that of the Healthcare sector and 137.08% higher than that of the Biotechnology industry. The return on asset for all United States stocks is notably higher than that of the company.
Progenity Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Progenity's current stock value. Our valuation model uses many indicators to compare Progenity value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Progenity competition to find correlations between indicators driving Progenity's intrinsic value. More Info.Progenity is considered to be number one stock in return on asset category among related companies. It is rated top company in current valuation category among related companies . Comparative valuation analysis is a catch-all model that can be used if you cannot value Progenity by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Progenity's Stock. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Progenity's earnings, one of the primary drivers of an investment's value.Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Progenity in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Progenity's short interest history, or implied volatility extrapolated from Progenity options trading.
Becoming a Better Investor with Macroaxis
Macroaxis puts the power of mathematics on your side. We analyze your portfolios and positions such as Progenity using complex mathematical models and algorithms, but make them easy to understand. There is no real person involved in your portfolio analysis. We perform a number of calculations to compute absolute and relative portfolio volatility, correlation between your assets, value at risk, expected return as well as over 100 different fundamental and technical indicators.Build Optimal Portfolios
Align your risk with return expectations
Check out Your Equity Center to better understand how to build diversified portfolios. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in persons. You can also try the Equity Valuation module to check real value of public entities based on technical and fundamental data.
Other Consideration for investing in Progenity Stock
If you are still planning to invest in Progenity check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Progenity's history and understand the potential risks before investing.
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