Australian Stocks signal
PME

PME

Pro Medicus Limited · Healthcare

Australian StocksHealth Information ServicesASXAUD-50.1% from ATH
Current Price

$164.28

Drawdown from ATH

-50.1%

Last Updated

Jun 17, 2026

Dipsern Grade90d

C

Marginal

Graded against PME's own history at this drawdown — not the market's.

What it means: PME's own history does not strongly favor buying at this level yet.

What to do: Consider watching and waiting for a deeper dip or a higher grade.

Median 90-Day Return
Historical Win Rate
Last 30 days+23.71%
May 6Jun 17
About PME

Pro Medicus Limited

Pro Medicus Limited, a healthcare informatics company, engages in the development and supply of healthcare imaging software, and radiology information (RIS) system software and services to hospitals, imaging centers, and health care groups in Australia, North America, and Europe. The company offers Visage RIS Visage 7 Enterprise Imaging Platform, a healthcare imaging software that provides radiologists, physicians, and clinicians with access and visualization capability for viewing 2-D, 3-D, and

The reading

How Dipsern reads PME right now.

Three plain-English paragraphs — current state, historical base rate, and interpretation — so you walk away with context, not a dashboard.

Snapshot

How is PME doing right now?

In plain terms: PME is 50.1% below its highest-ever price. Dipsern checks every past time it was this far down and grades how the next 90 days usually went.

As of the latest market close, Pro Medicus Ltd. (PME) is trading in a severe drawdown, 50.1% below its all-time high at $164.28. Severe drawdowns separate structurally sound assets from the ones that don't recover. The historical data below shows what PME did after similar episodes.

Historical base rate

What history says at this drawdown

Across all available history, PME has spent enough trading days in the 55%-to-50% drawdown band to build a large sample (219 observations). Dipsern segments these by drawdown depth and computes the rolling median forward 90-day return — that median is the primary signal you see in the full app, and it's substantially more robust than mean-based forecasts because it ignores fat-tail outliers in both directions.

Interpretation

What this means for PME

Drawdown-based signals work across asset classes but the magnitude of meaningful moves varies. Dipsern computes the segmentation per-asset so the bands are calibrated to PME's own volatility history. At this depth, focus on prediction error and sample size before median return. A high historical median return at -40% means nothing if the prediction error was also 30%.

Comparable signals

Other Australian Stocks at similar drawdown levels

Five tickers closest to PME's distance from all-time high. Same category, one tap away.

Sonic Healthcare Ltd.

-49.9% from ATH

Ramsay Health Care Ltd.

-50.7% from ATH

AGL Energy Ltd.

-51.3% from ATH

REA Group Ltd.

-46.5% from ATH

Telix Pharmaceuticals Ltd.

-54.0% from ATH

Historical depth

Sample sizes by drawdown band

Dipsern segments the full drawdown range into 20 equal-width bands. The table shows the number of confirmed historical observations in each band for PME. Median forward returns, win rates, and prediction errors are available in the full analysis.

Drawdown BandObservationsMedian ReturnWin Rate
-90% to -85%20
-85% to -80%209
-80% to -75%91
-75% to -70%83
-70% to -65%256
-65% to -60%195
-60% to -55%118
-55% to -50%Current219
-50% to -45%225
-45% to -40%422
-40% to -35%377
-35% to -30%433
Methodology

Every grade is reproducible.

We segment 40+ years of PME's price history into 20 equal-width drawdown bands and compute forward median returns, win rates, and prediction error per band. No look-ahead bias. Pure NumPy. Open math, gated numbers.

Years of history

40+

Drawdown bands

20

Look-ahead bias

None

Data sources

4

Unlock PME's full analysis

See the Dipsern grade, median returns, win rates, prediction accuracy, 8 interactive charts, historical price paths, and a plain-English verdict for PME.

Dipsern is research and a second opinion — not a broker. You'd buy PME at your own broker.

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Signal computed Jun 17, 2026 using default parameters (90-day return period, 20 segments, 0.95 decay). Data sourced from Yahoo Finance, Binance, CoinGecko, and Steam Market.