Profound Medical Corp Stock Statistic Functions Pearson Correlation Coefficient

PROF Stock  USD 5.51  -0.04  -0.72%   
Use the statistic functions workspace to apply Pearson Correlation Coefficient function and other studies to Profound Medical. The analysis highlights statistical functions describing dispersion and variability and frames technical signals with volatility and risk context.Enter Time Period to execute this module.

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The output start index for this execution was twenty-three with a total number of output elements of thirty-eight. The Pearsons Correlation Coefficient is one of the most common measures of correlation in financial statistics. It shows the linear relationship between price series of Profound Medical Corp and its benchmark or peer.

Profound Medical Technical Analysis Modules

Most technical analysis of Profound Medical help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Profound from various momentum indicators to cycle indicators. When you analyze Profound charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur.

Stock Overview, Methodology & Data Sources

Profound Medical Corp., together with its subsidiaries, operates as a commercial-stage medical device company that develops magnetic resonance guided ablation procedures for treatment of prostate disease, uterine fibroids, and palliative pain treatment in Canada, Germany, the United States, and Finland. Profound Medical Corp. is headquartered in Mississauga, Canada. Profound Medical operates under Medical Devices classification in the United States and is traded on NASDAQ Exchange. It employs 146 people. This stock section frames Profound Medical within its peer set and highlights how fundamentals align with price behavior. Current metrics include P/B of 6.24, profit margin of -2.64%. Profound Medical has a market cap of 201.43 M, ROE of -67.11%.

Methodology

Unless otherwise specified, financial data for Profound Medical Corp is derived from periodic company reporting (annual and quarterly where available). Asset-level metrics are computed daily by Macroaxis LLC and refreshed regularly based on asset type. Profound (USA Stocks:PROF) prices are typically delayed by approximately 20 minutes from primary exchanges for listed equities. Data may be delayed depending on reporting sources and market conventions. Assumptions: We primarily rely on public filings and market reference sources, including disclosures published by U.S. Securities and Exchange Commission (SEC) via EDGAR and the U.S. Food & Drug Administration (FDA). Data is normalized for analytical consistency across reporting formats. All analytics are generated using standardized, rules-based models designed to promote consistency and comparability across instruments. Model assumptions, reference parameters, and selected computational inputs are available in the Model Inputs section. If you have questions about our data sources or methodology, please contact Macroaxis Support.

Analyst Sources

Profound Medical Corp is covered by 5 analysts. 2 analysts have submitted revenue and/or earnings estimates that may be incorporated into Macroaxis consensus inputs where available. Representative analyst firms may include Morgan Stanley, Goldman Sachs, Citigroup, Raymond James, Deutsche Bank, among others. Updates may occur throughout the day.

This content is curated and reviewed by:

Michael Smolkin - Member of Macroaxis Board of Directors

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More Resources for Profound Stock Analysis

A comprehensive view of Profound Medical Corp starts with financial statements and ratio context. Ratios and trend metrics help frame Profound Medical's operating context. Highlighted below are reports that provide context for Profound Medical Corp Stock:
Profound Medical has a market cap of 201.43 M, operating margin of -123.29%, ROE of -67.11%. See Your Equity Center for portfolio-level analysis. This suggests a position in Profound Medical Corp inside the allocation mix. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in employment.
Analysis related to Profound Medical should be read together with other portfolio and risk tools before capital is reallocated. That is especially important when the goal is to improve the overall mix of instruments already held. You can also try the Financial Widgets module to easily integrated Macroaxis content with over 30 different plug-and-play financial widgets.
 Earnings Share
-1.32
 Revenue Per Share
0.532
 Quarterly Revenue Growth
0.431
 Return On Assets
-0.35
 Return On Equity
-0.67
Understanding Profound Medical Corp includes distinguishing between market value and book value, where book value reflects Profound's accounting equity. Profound Medical's market capitalization is 201.43 M. With a P/B ratio of 6.24, the market values Profound Medical well above its book equity. Enterprise value stands at 182.43 M. Value and price for Profound Medical are related but not identical, and they can diverge across cycles. Trading price represents the transaction level agreed by market participants.
The concept of value for Profound Medical differs from its quoted price, since each reflects a different lens. For Profound Medical, key inputs include a P/B ratio of 6.24, a profit margin of -2.64%, ROE of -67.11%, and revenue of 16.1 M. Market price reflects the current exchange level formed by active bids and offers.