Premier Insurance (Pakistan) Price on December 10, 2024
PINL Stock | 6.00 0.06 1.01% |
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 Insurance stands at 6.00, as last reported on the 14th of December 2024, with the highest price reaching 6.30 and the lowest price hitting 6.00 during the day. Premier Insurance maintains Sharpe Ratio (i.e., Efficiency) of -0.0152, which implies the firm had a -0.0152% return per unit of risk over the last 3 months. Premier Insurance exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Premier Insurance's insignificant Risk Adjusted Performance, variance of 11.72, and Coefficient Of Variation of (6,393) 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 = -0.0152
Best Portfolio | Best Equity | |||
Good Returns | ||||
Average Returns | ||||
Small Returns | ||||
Cash | Small Risk | Average Risk | High Risk | Huge Risk |
Negative Returns | PINL |
Estimated Market Risk
3.79 actual daily | 33 67% of assets are more volatile |
Expected Return
-0.06 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.02 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Premier Insurance 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 Insurance by adding Premier Insurance to a well-diversified portfolio.
Premier Insurance Valuation on December 10, 2024
It is possible to determine the worth of Premier Insurance on a given historical date. On December 10, 2024 Premier was worth 6.3 at the beginning of the trading date compared to the closed value of 6.02. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Premier Insurance stock. Still, in general, we apply an absolute valuation method to find Premier Insurance'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 Insurance where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Premier Insurance's related companies.
Open | High | Low | Close | Volume | |
6.19 | 6.40 | 6.18 | 6.25 | 159,237 | |
12/10/2024 | 6.30 | 6.60 | 5.90 | 6.02 | 24,046 |
5.85 | 6.20 | 5.50 | 5.76 | 33,525 |
Backtest Premier Insurance | | | Premier Insurance History | | | Premier Insurance Valuation | Previous | Next |
Premier Insurance Trading Date Momentum on December 10, 2024
On December 11 2024 Premier Insurance was traded for 5.76 at the closing time. The highest price during the trading period was 6.20 and the lowest recorded bid was listed for 5.50 . The volume for the day was 33.5 K. This history from December 11, 2024 contributed to the next trading day price decline. The trading delta at closing time to the next closing price was 4.32% . The trading delta at closing time to the current price is 2.66% . |
About Premier Insurance Stock history
Premier Insurance 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 Insurance 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 Insurance stock prices may prove useful in developing a viable investing in Premier Insurance
Premier Insurance Stock Technical Analysis
Premier Insurance 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 Insurance Period Price Range
Low | December 14, 2024
| High |
0.00 | 0.00 |
Premier Insurance cannot be verified against its exchange. Please verify the symbol is currently traded on Karachi Stock 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 Insurance December 14, 2024 Market Strength
Market strength indicators help investors to evaluate how Premier Insurance 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 Insurance shares will generate the highest return on investment. By undertsting and applying Premier Insurance stock market strength indicators, traders can identify Premier Insurance entry and exit signals to maximize returns
Premier Insurance Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Premier Insurance'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) | |||
Jensen Alpha | 0.0429 | |||
Total Risk Alpha | (0.49) | |||
Treynor Ratio | 0.0538 |
Cycle Indicators | ||
Math Operators | ||
Math Transform | ||
Momentum Indicators | ||
Overlap Studies | ||
Pattern Recognition | ||
Price Transform | ||
Statistic Functions | ||
Volatility Indicators | ||
Volume Indicators |
Complementary Tools for Premier Stock analysis
When running Premier Insurance's price analysis, check to measure Premier Insurance'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 Insurance is operating at the current time. Most of Premier Insurance's value examination focuses on studying past and present price action to predict the probability of Premier Insurance'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 Insurance's price. Additionally, you may evaluate how the addition of Premier Insurance to your portfolios can decrease your overall portfolio volatility.
Piotroski F Score Get Piotroski F Score based on the binary analysis strategy of nine different fundamentals | |
Equity Search Search for actively traded equities including funds and ETFs from over 30 global markets | |
Portfolio Analyzer Portfolio analysis module that provides access to portfolio diagnostics and optimization engine | |
CEOs Directory Screen CEOs from public companies around the world | |
Headlines Timeline Stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity | |
Funds Screener Find actively-traded funds from around the world traded on over 30 global exchanges | |
Companies Directory Evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals | |
Stock Screener Find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook. | |
Watchlist Optimization Optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm |