Protagonist Therapeutics Stock Price on April 18, 2024
| PTGX Stock | USD 29.98 0.43 1.41% |
Below is the normalized historical share price chart for Protagonist Therapeutics extending back to August 11, 2016. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Protagonist Therapeutics stands at 29.98, as last reported on the 29th of May, with the highest price reaching 30.65 and the lowest price hitting 29.65 during the day.
If you're considering investing in Protagonist Stock, it is important to understand the factors that can impact its price. We consider Protagonist Therapeutics very steady. Protagonist Therapeutics maintains Sharpe Ratio (i.e., Efficiency) of 0.0036, which implies the firm had a 0.0036% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Protagonist Therapeutics, which you can use to evaluate the volatility of the company. Please check Protagonist Therapeutics' Coefficient Of Variation of 2293.06, semi deviation of 2.23, and Risk Adjusted Performance of 0.0332 to confirm if the risk estimate we provide is consistent with the expected return of 0.0088%.
At this time, Protagonist Therapeutics' Total Stockholder Equity is fairly stable compared to the past year. Liabilities And Stockholders Equity is likely to rise to about 375.8 M in 2024, whereas Common Stock Shares Outstanding is likely to drop slightly above 29.8 M in 2024. . At this time, Protagonist Therapeutics' Price Book Value Ratio is fairly stable compared to the past year. Price Earnings To Growth Ratio is likely to rise to 0.39 in 2024, whereas Price To Sales Ratio is likely to drop 20.61 in 2024. Protagonist Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 11th of August 2016 | 200 Day MA 22.723 | 50 Day MA 27.894 | Beta 2.077 |
Protagonist |
Sharpe Ratio = 0.0036
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| Negative Returns | PTGX |
Estimated Market Risk
| 2.48 actual daily | 21 79% of assets are more volatile |
Expected Return
| 0.01 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.0 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Protagonist Therapeutics is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Protagonist Therapeutics by adding Protagonist Therapeutics to a well-diversified portfolio.
Price Book 4.6803 | Enterprise Value Ebitda (13.67) | Price Sales 26.2626 | Shares Float 43 M | Wall Street Target Price 44.8 |
Protagonist Therapeutics Main Headline on 18th of April 2024
Filed transaction by Protagonist Therapeutics Officer: Chief Financial Officer. Disposition to the issuer of issuer equity securities pursuant to Rule 16b-3(e)
Protagonist Therapeutics Valuation on April 18, 2024
It is possible to determine the worth of Protagonist Therapeutics on a given historical date. On April 18, 2024 Protagonist was worth 25.34 at the beginning of the trading date compared to the closed value of 25.22. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Protagonist Therapeutics stock. Still, in general, we apply an absolute valuation method to find Protagonist Therapeutics' value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Protagonist Therapeutics where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Protagonist Therapeutics' related companies.
| Open | High | Low | Close | Volume | |
| 26.39 | 26.39 | 25.35 | 25.57 | 517,565 | |
04/18/2024 | 25.34 | 25.76 | 25.17 | 25.22 | 434,151 |
| 25.11 | 25.63 | 24.79 | 25.61 | 452,407 |
| Backtest Protagonist Therapeutics | | | Protagonist Therapeutics History | | | Protagonist Therapeutics Valuation | Previous | Next |
Protagonist Therapeutics Trading Date Momentum on April 18, 2024
| On April 19 2024 Protagonist Therapeutics was traded for 25.61 at the closing time. The top price for the day was 25.63 and the lowest listed price was 24.79 . The trading volume for the day was 452.4 K. The trading history from April 19, 2024 was a factor to the next trading day price jump. The trading delta at closing time against the next closing price was 1.55% . The trading delta at closing time against the current closing price is 0.83% . |
Protagonist Therapeutics Fundamentals Correlations and Trends
By evaluating Protagonist Therapeutics' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Protagonist Therapeutics' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Protagonist financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Protagonist Therapeutics Stock history
Protagonist Therapeutics investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Protagonist is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Protagonist Therapeutics will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Protagonist Therapeutics stock prices may prove useful in developing a viable investing in Protagonist Therapeutics
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 56.8 M | 29.8 M | |
| Net Loss | -114.7 M | -108.9 M |
Protagonist Therapeutics Quarterly Net Working Capital |
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Protagonist Therapeutics Stock Technical Analysis
Protagonist Therapeutics technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
Price Boundaries
Protagonist Therapeutics Period Price Range
Low | April 18, 2024
| High |
25.34 | 25.22 |
Protagonist Therapeutics May 29, 2024 Market Strength
Market strength indicators help investors to evaluate how Protagonist Therapeutics stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Protagonist Therapeutics shares will generate the highest return on investment. By undertsting and applying Protagonist Therapeutics stock market strength indicators, traders can identify Protagonist Therapeutics entry and exit signals to maximize returns
| Accumulation Distribution | 9943.68 | |||
| Daily Balance Of Power | (0.20) | |||
| Rate Of Daily Change | 1.0 | |||
| Day Median Price | 25.47 | |||
| Day Typical Price | 25.38 | |||
| Price Action Indicator | (0.31) | |||
| Period Momentum Indicator | 4.76 |
Protagonist Therapeutics Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Protagonist Therapeutics' price direction in advance. Along with the technical and fundamental analysis of Protagonist Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Protagonist to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | 0.0332 | |||
| Jensen Alpha | 0.0456 | |||
| Total Risk Alpha | (0.01) | |||
| Sortino Ratio | 0.0314 | |||
| Treynor Ratio | 0.0468 |
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Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Protagonist Therapeutics. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in price. For more information on how to buy Protagonist Stock please use our How to Invest in Protagonist Therapeutics guide.Note that the Protagonist Therapeutics information on this page should be used as a complementary analysis to other Protagonist Therapeutics' 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 Cryptocurrency Center module to build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency.
Complementary Tools for Protagonist Stock analysis
When running Protagonist Therapeutics' price analysis, check to measure Protagonist Therapeutics' 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 Protagonist Therapeutics is operating at the current time. Most of Protagonist Therapeutics' value examination focuses on studying past and present price action to predict the probability of Protagonist Therapeutics' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Protagonist Therapeutics' price. Additionally, you may evaluate how the addition of Protagonist Therapeutics to your portfolios can decrease your overall portfolio volatility.
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Is Protagonist Therapeutics' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Protagonist Therapeutics. If investors know Protagonist will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Protagonist Therapeutics listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share 2.54 | Revenue Per Share 5.308 | Quarterly Revenue Growth (1.00) | Return On Assets 0.2138 | Return On Equity 0.4175 |
The market value of Protagonist Therapeutics is measured differently than its book value, which is the value of Protagonist that is recorded on the company's balance sheet. Investors also form their own opinion of Protagonist Therapeutics' value that differs from its market value or its book value, called intrinsic value, which is Protagonist Therapeutics' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Protagonist Therapeutics' market value can be influenced by many factors that don't directly affect Protagonist Therapeutics' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Protagonist Therapeutics' value and its price as these two are different measures arrived at by different means. Investors typically determine if Protagonist Therapeutics is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Protagonist Therapeutics' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.