Premium Brands Holdings Stock Price on August 15, 2023
| PBH Stock | CAD 79.63 1.66 2.04% |
If you're considering investing in Premium Stock, it is important to understand the factors that can impact its price. As of today, the current price of Premium Brands stands at 79.63, as last reported on the 11th of December 2024, with the highest price reaching 81.28 and the lowest price hitting 78.46 during the day. Premium Brands Holdings maintains Sharpe Ratio (i.e., Efficiency) of -0.1, which implies the firm had a -0.1% return per unit of risk over the last 3 months. Premium Brands Holdings exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Premium Brands' Variance of 2.64, risk adjusted performance of (0.07), and Coefficient Of Variation of (977.71) to confirm the risk estimate we provide.
Premium Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Premium |
Sharpe Ratio = -0.1023
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Estimated Market Risk
| 1.62 actual daily | 14 86% of assets are more volatile |
Expected Return
| -0.17 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.1 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Premium Brands 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 Premium Brands by adding Premium Brands to a well-diversified portfolio.
Premium Brands Valuation on August 15, 2023
It is possible to determine the worth of Premium Brands on a given historical date. On August 15, 2023 Premium was worth 101.44 at the beginning of the trading date compared to the closed value of 98.75. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Premium Brands stock. Still, in general, we apply an absolute valuation method to find Premium Brands' 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 Premium Brands where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Premium Brands' related companies.
| Open | High | Low | Close | Volume | |
| 107.46 | 107.71 | 104.60 | 104.60 | 31,900 | |
08/15/2023 | 101.44 | 103.35 | 97.74 | 98.75 | 115,000 |
| 98.68 | 100.48 | 98.57 | 99.17 | 49,500 |
| Backtest Premium Brands | | | Premium Brands History | | | Premium Brands Valuation | Previous | Next |
Premium Brands Trading Date Momentum on August 15, 2023
| On August 16 2023 Premium Brands Holdings was traded for 99.17 at the closing time. The maximum traded price for the trading interval was 100.48 and the lowest daily price was 98.57 . The daily volume was recorded at 49.5 K. The volume of trading on 16th of August 2023 played a part in the next trading day price boost. The trading delta at closing time to the next closing price was 0.43% . The trading delta at closing time to the closing price today is 0.18% . |
Premium Brands Holdings Fundamentals Correlations and Trends
By evaluating Premium Brands' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Premium Brands' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Premium financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Premium Brands Stock history
Premium Brands 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 Premium is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Premium Brands Holdings 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 Premium Brands stock prices may prove useful in developing a viable investing in Premium Brands
Premium Brands Holdings Corporation, through its subsidiaries, manufactures and distributes food products primarily in Canada and the United States. The company was founded in 1917 and is headquartered in Richmond, Canada. PREMIUM BRANDS operates under Packaged Foods classification in Canada and is traded on Toronto Stock Exchange. It employs 8707 people.
Premium Brands Stock Technical Analysis
Premium Brands 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
Premium Brands Period Price Range
Low | December 11, 2024
| High |
0.00 | 0.00 |
Premium Brands Holdings cannot be verified against its exchange. Please verify the symbol is currently traded on Toronto Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
Premium Brands December 11, 2024 Market Strength
Market strength indicators help investors to evaluate how Premium Brands stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Premium Brands shares will generate the highest return on investment. By undertsting and applying Premium Brands stock market strength indicators, traders can identify Premium Brands Holdings entry and exit signals to maximize returns
Premium Brands Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Premium Brands' price direction in advance. Along with the technical and fundamental analysis of Premium Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Premium 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 | (0.07) | |||
| Jensen Alpha | (0.15) | |||
| Total Risk Alpha | (0.43) | |||
| Treynor Ratio | 0.7715 |
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Other Information on Investing in Premium Stock
Premium Brands financial ratios help investors to determine whether Premium Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Premium with respect to the benefits of owning Premium Brands security.