Precise Biometrics (Sweden) Today
| PREC Stock | SEK 1.48 0.03 1.99% |
Performance7 of 100
| Odds Of DistressLess than 25
|
Precise Biometrics is selling for under 1.48 as of the 1st of May 2024; that is -1.99 percent decrease since the beginning of the trading day. The stock's last reported lowest price was 1.4. Precise Biometrics has about a 25 % chance of experiencing some form of financial distress in the next two years of operation and did not have a very good performance during the last 90 trading days. Equity ratings for Precise Biometrics AB are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 3rd of November 2023 and ending today, the 1st of May 2024. Click here to learn more.
Precise Biometrics AB develops and sells biometric authentication solutions for peoples digital identity and fingerprints in mobile phones and smart cards. Precise Biometrics AB was founded in 1997 and is headquartered in Lund, Sweden. Precise Biometrics operates under Security Protection Services classification in Sweden and is traded on Stockholm Stock Exchange. The company has 46.43 M outstanding shares. More on Precise Biometrics AB
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Precise 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. Precise Biometrics' investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Precise Biometrics or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| CEO | Stefan Persson |
| Business Concentration | Information Technology, Electronic Equipment, Instruments & Components, Security & Protection Services, Industrials (View all Sectors) |
Precise Biometrics AB (PREC) is traded on Stockholm Exchange in Sweden and employs 28 people. The company currently falls under 'Small-Cap' category with a current market capitalization of 221.87 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Precise Biometrics's market, we take the total number of its shares issued and multiply it by Precise Biometrics'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. Precise Biometrics operates under Electronic Equipment, Instruments & Components sector and is part of Information Technology industry. The entity has 46.43 M outstanding shares.
Precise Biometrics AB has accumulated about 64.1 M in cash with (1.49 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.19.
Check Precise Biometrics Probability Of Bankruptcy
Ownership AllocationPrecise Biometrics owns a total of 46.43 Million outstanding shares. Precise Biometrics 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 Precise Ownership Details
Precise Stock Price Odds Analysis
Attributed to a normal probability distribution, the odds of Precise Biometrics jumping above the current price in 90 days from now is about 32.47%. The Precise Biometrics AB probability density function shows the probability of Precise Biometrics stock to fall within a particular range of prices over 90 days. Assuming the 90 days trading horizon Precise Biometrics has a beta of 0.735 indicating as returns on the market go up, Precise Biometrics average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Precise Biometrics AB will be expected to be much smaller as well. Additionally, precise Biometrics AB has an alpha of 0.8087, implying that it can generate a 0.81 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
Based on a normal probability distribution, the odds of Precise Biometrics to move above the current price in 90 days from now is about 32.47 (This Precise Biometrics AB probability density function shows the probability of Precise Stock to fall within a particular range of prices over 90 days) .
Precise Biometrics Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. Precise Biometrics market risk premium is the additional return an investor will receive from holding Precise Biometrics 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 Precise Biometrics. 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 Precise Biometrics' alpha and beta are two of the key measurements used to evaluate Precise Biometrics' performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 4.9 | |||
| Semi Deviation | 4.31 | |||
| Standard Deviation | 9.7 | |||
| Variance | 94.02 |
Precise Stock Against Markets
Picking the right benchmark for Precise Biometrics 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 Precise Biometrics 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 Precise Biometrics is critical whether you are bullish or bearish towards Precise Biometrics AB at a given time. Please also check how Precise Biometrics' 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 Precise Biometrics 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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| All Next | Launch Module |
Precise Biometrics Corporate Directors
Precise Biometrics corporate directors refer to members of a Precise Biometrics board of directors. The board of directors generally takes responsibility for the Precise Biometrics' 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 Precise Biometrics' board members must vote for the resolution. The Precise Biometrics board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.| Anders Harrysson | Director | Profile | |
| Mats Lindoff | Director | Profile | |
| Fredrik Sjoholm | Senior Sales Director | Profile | |
| Anna Almlof | Director | Profile |
How to buy Precise Stock?
Before investing in Precise Biometrics, 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 Precise Biometrics. To buy Precise Biometrics stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Precise Biometrics. 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 Precise Biometrics stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Precise Biometrics AB 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 Precise Biometrics AB 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 Precise Biometrics AB, 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 Precise Biometrics AB?
The danger of trading Precise Biometrics AB 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 Precise Biometrics 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 Precise Biometrics. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Precise Biometrics 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 Precise Biometrics AB. 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 Performance Analysis module to check effects of mean-variance optimization against your current asset allocation.
Complementary Tools for Precise Stock analysis
When running Precise Biometrics' price analysis, check to measure Precise Biometrics' 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 Precise Biometrics is operating at the current time. Most of Precise Biometrics' value examination focuses on studying past and present price action to predict the probability of Precise Biometrics' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Precise Biometrics' price. Additionally, you may evaluate how the addition of Precise Biometrics to your portfolios can decrease your overall portfolio volatility.
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