Premier Stock Price on December 9, 2024
PINC Stock | USD 17.59 0.34 1.90% |
If you're considering investing in Premier Stock, it is important to understand the factors that can impact its price. As of today, the current price of Premier stands at 17.59, as last reported on the 4th of March, with the highest price reaching 18.11 and the lowest price hitting 17.58 during the day. Premier maintains Sharpe Ratio (i.e., Efficiency) of -0.14, which implies the firm had a -0.14 % return per unit of risk over the last 3 months. Premier exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Premier's Risk Adjusted Performance of (0.10), coefficient of variation of (697.39), and Variance of 5.44 to confirm the risk estimate we provide.
Premier Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Premier |
Sharpe Ratio = -0.1434
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Estimated Market Risk
2.33 actual daily | 20 80% of assets are more volatile |
Expected Return
-0.33 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.14 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Premier 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 Premier by adding Premier to a well-diversified portfolio.
Premier Valuation on December 9, 2024
It is possible to determine the worth of Premier on a given historical date. On December 9, 2024 Premier was worth 21.47 at the beginning of the trading date compared to the closed value of 21.58. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Premier stock. Still, in general, we apply an absolute valuation method to find Premier's 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 Premier where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Premier's related companies.
Open | High | Low | Close | Volume | |
21.86 | 21.89 | 21.35 | 21.36 | 549,483 | |
12/09/2024 | 21.47 | 21.65 | 21.37 | 21.58 | 697,643 |
21.60 | 21.62 | 21.21 | 21.52 | 557,343 |
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Premier Trading Date Momentum on December 9, 2024
On December 10 2024 Premier was traded for 21.52 at the closing time. The top price for the day was 21.62 and the lowest listed price was 21.21 . The trading volume for the day was 557.3 K. The trading history from December 10, 2024 was a factor to the next trading day price decrease. The trading delta at closing time against the next closing price was 0.28% . The trading delta at closing time against the current closing price is 2.73% . |
Premier Fundamentals Correlations and Trends
By evaluating Premier's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Premier's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Premier financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Premier Stock history
Premier 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 Premier is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Premier 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 Premier stock prices may prove useful in developing a viable investing in Premier
Premier, Inc., together with its subsidiaries, operates as a healthcare improvement company in the United States. Premier, Inc. was incorporated in 2013 and is headquartered in Charlotte, North Carolina. Premier Inc operates under Health Information Services classification in the United States and is traded on NASDAQ Exchange. It employs 2600 people.
Premier Stock Technical Analysis
Premier 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
Premier Period Price Range
Low | March 4, 2025
| High |
0.00 | 0.00 |
Premier cannot be verified against its exchange. Please verify the symbol is currently traded on NASDAQ 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.
Premier March 4, 2025 Market Strength
Market strength indicators help investors to evaluate how Premier stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Premier shares will generate the highest return on investment. By undertsting and applying Premier stock market strength indicators, traders can identify Premier entry and exit signals to maximize returns
Premier Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Premier's price direction in advance. Along with the technical and fundamental analysis of Premier Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Premier 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 | (0.10) | |||
Jensen Alpha | (0.29) | |||
Total Risk Alpha | (0.08) | |||
Treynor Ratio | (0.52) |
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Volume Indicators |
Complementary Tools for Premier Stock analysis
When running Premier's price analysis, check to measure Premier's 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 Premier is operating at the current time. Most of Premier's value examination focuses on studying past and present price action to predict the probability of Premier's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Premier's price. Additionally, you may evaluate how the addition of Premier to your portfolios can decrease your overall portfolio volatility.
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