Primega Group Holdings Stock Buy Hold or Sell Recommendation

PGHL Stock   0.62  0.01  1.59%   
Given the investment horizon of 90 days and your above-average risk tolerance, our recommendation regarding Primega Group Holdings is 'Strong Sell'. The recommendation algorithm takes into account all of Primega Group's available fundamental, technical, and predictive indicators you will find on this site.
  
Check out Primega Group Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool.
Note, we conduct extensive research on individual companies such as Primega and provide practical buy, sell, or hold advice based on investors' constraints. Primega Group Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in rate.

Execute Primega Group Buy or Sell Advice

The Primega recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Primega Group Holdings. Macroaxis does not own or have any residual interests in Primega Group Holdings or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Primega Group's advice using the current market data and latest reported fundamentals.

Time Horizon

Risk Tolerance

Execute Advice
Sell Primega GroupBuy Primega Group
Strong Sell

Market Performance

Very WeakDetails

Volatility

Abnormally volatileDetails

Hype Condition

Over hypedDetails

Current Valuation

OvervaluedDetails

Odds Of Distress

LowDetails

Economic Sensitivity

Almost mirrors the marketDetails

Investor Sentiment

AlarmedDetails

Analyst Consensus

Strong SellDetails

Financial Strenth (F Score)

HealthyDetails

Financial Leverage

InapplicableDetails

Reporting Quality (M-Score)

Unlikely ManipulatorDetails
For the selected time horizon Primega Group Holdings has a Mean Deviation of 3.69, Standard Deviation of 4.98 and Variance of 24.81
We provide trade recommendations to complement the recent expert consensus on Primega Group Holdings. Our dynamic recommendation engine exercises a multidimensional algorithm to analyze the firm's potential to grow using all technical and fundamental data available at the time. To make sure Primega Group is not overpriced, please check all Primega Group Holdings fundamentals, including its number of shares shorted and the relationship between the gross profit and total asset . As Primega Group Holdings appears to be a penny stock we also advise to check out its shares owned by insiders numbers.

Primega Group Trading Alerts and Improvement Suggestions

Primega Group generated a negative expected return over the last 90 days
Primega Group has high historical volatility and very poor performance
Primega Group has some characteristics of a very speculative penny stock
About 74.0% of the company outstanding shares are owned by corporate insiders
Latest headline from gurufocus.com: Receipt of Nasdaq Notification Regarding Minimum Bid Price Deficiency

Primega Group Returns Distribution Density

The distribution of Primega Group's historical returns is an attempt to chart the uncertainty of Primega Group's future price movements. The chart of the probability distribution of Primega Group daily returns describes the distribution of returns around its average expected value. We use Primega Group Holdings price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Primega Group returns is essential to provide solid investment advice for Primega Group.
Mean Return
-1.36
Value At Risk
-9.09
Potential Upside
9.09
Standard Deviation
4.98
   Return Density   
       Distribution  
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Primega Group historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.

Primega Group Greeks

Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Primega Group or Marine Transportation sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Primega Group's price will be affected by overall stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a Primega stock's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α
Alpha over Dow Jones
-1.24
β
Beta against Dow Jones1.15
σ
Overall volatility
5.08
Ir
Information ratio -0.25

Primega Group Volatility Alert

Primega Group Holdings exhibits very low volatility with skewness of 0.58 and kurtosis of 1.06. Primega Group Holdings is a potential penny stock. Although Primega Group may be in fact a good instrument to invest, many penny stocks are speculative in nature and are subject to artificial price hype. Please make sure you totally understand the upside potential and downside risk of investing in Primega Group Holdings. We encourage investors to look for signals such as email spams, message board hypes, claims of breakthroughs, volume upswings, sudden news releases, promotions that are not reported, or demotions released before SEC filings. Please also check biographies and work history of current and past company officers before investing in high volatility instruments, penny stocks, or equities with microcap classification. You can indeed make money on Primega instrument if you perfectly time your entry and exit. However, remember that penny stocks that have been the subject of artificial hype usually unable to maintain their increased share price for more than just a few days. The price of a promoted high volatility instrument will almost always revert back. The only way to increase shareholder value is through legitimate performance backed up by solid fundamentals.

Primega Group Fundamentals Vs Peers

Comparing Primega Group's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze Primega Group's direct or indirect competition across all of the common fundamentals between Primega Group and the related equities. This way, we can detect undervalued stocks with similar characteristics as Primega Group or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Primega Group's fundamental indicators could also be used in its relative valuation, which is a method of valuing Primega Group by comparing valuation metrics with those of similar companies.
    
 Better Than Average     
    
 Worse Than Average Compare Primega Group to competition
FundamentalsPrimega GroupPeer Average
Return On Equity0.29-0.31
Return On Asset0.0715-0.14
Profit Margin0.08 %(1.27) %
Operating Margin0.1 %(5.51) %
Current Valuation21.94 M16.62 B
Shares Outstanding24 M571.82 M
Shares Owned By Insiders74.33 %10.09 %
Shares Owned By Institutions0.71 %39.21 %
Number Of Shares Shorted1 M4.71 M
Price To Book4.17 X9.51 X
Price To Sales1.33 X11.42 X
Revenue13.46 M9.43 B
Gross Profit2.77 M27.38 B
EBITDA2.89 M3.9 B
Total Debt4.54 M5.32 B
Book Value Per Share0.19 X1.93 K
Short Ratio1.53 X4.00 X
Earnings Per Share0.05 X3.12 X
Number Of Employees3218.84 K
Market Capitalization17.89 M19.03 B
Total Asset13.37 M29.47 B
Retained Earnings4.29 M9.33 B
Working Capital2.25 M1.48 B
Net Asset13.37 M

Primega Group Market Momentum

Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Primega . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.

About Primega Group Buy or Sell Advice

When is the right time to buy or sell Primega Group Holdings? Buying financial instruments such as Primega Stock isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.

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When determining whether Primega Group Holdings is a strong investment it is important to analyze Primega Group's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Primega Group's future performance. For an informed investment choice regarding Primega Stock, refer to the following important reports:
Check out Primega Group Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool.
You can also try the Commodity Directory module to find actively traded commodities issued by global exchanges.
Is Marine Transportation space 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 Primega Group. If investors know Primega 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 Primega Group listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.715
Earnings Share
0.05
Revenue Per Share
0.598
Quarterly Revenue Growth
0.482
Return On Assets
0.0715
The market value of Primega Group Holdings is measured differently than its book value, which is the value of Primega that is recorded on the company's balance sheet. Investors also form their own opinion of Primega Group's value that differs from its market value or its book value, called intrinsic value, which is Primega Group's 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 Primega Group's market value can be influenced by many factors that don't directly affect Primega Group's 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 Primega Group's value and its price as these two are different measures arrived at by different means. Investors typically determine if Primega Group is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Primega Group's 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.