Priortech (Israel) Performance
| PRTC Stock | ILS 16,200 600.00 3.85% |
The company holds a Beta of -0.37, which implies possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Priortech are expected to decrease at a much lower rate. During the bear market, Priortech is likely to outperform the market. At this point, Priortech has a negative expected return of -0.12%. Please make sure to check Priortech's jensen alpha, treynor ratio, value at risk, as well as the relationship between the total risk alpha and maximum drawdown , to decide if Priortech performance from the past will be repeated at some point in the near future.
Risk-Adjusted Performance
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Over the last 90 days Priortech has generated negative risk-adjusted returns adding no value to investors with long positions. Despite latest weak performance, the Stock's basic indicators remain strong and the current disturbance on Wall Street may also be a sign of long term gains for the company investors. ...more
| Begin Period Cash Flow | 37.8 M | |
| Total Cashflows From Investing Activities | -29.1 M |
Priortech |
Priortech Relative Risk vs. Return Landscape
If you would invest 1,752,000 in Priortech on August 31, 2024 and sell it today you would lose (132,000) from holding Priortech or give up 7.53% of portfolio value over 90 days. Priortech is generating negative expected returns and assumes 3.3781% volatility on return distribution over the 90 days horizon. Simply put, 30% of stocks are less volatile than Priortech, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
Priortech Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Priortech's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Priortech, and traders can use it to determine the average amount a Priortech's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = -0.0341
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Estimated Market Risk
| 3.38 actual daily | 30 70% of assets are more volatile |
Expected Return
| -0.12 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.03 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Priortech 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 Priortech by adding Priortech to a well-diversified portfolio.
Priortech Fundamentals Growth
Priortech Stock prices reflect investors' perceptions of the future prospects and financial health of Priortech, and Priortech fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Priortech Stock performance.
| Return On Equity | 0.24 | |||
| Return On Asset | -0.0031 | |||
| Profit Margin | 53.69 % | |||
| Operating Margin | (1.67) % | |||
| Current Valuation | 927.45 M | |||
| Shares Outstanding | 11.11 M | |||
| Price To Earning | (693.77) X | |||
| Price To Book | 1.06 X | |||
| Price To Sales | 1,020 X | |||
| Revenue | 686 K | |||
| EBITDA | 26.31 M | |||
| Cash And Equivalents | 18.3 M | |||
| Cash Per Share | 1.60 X | |||
| Total Debt | 71.42 M | |||
| Debt To Equity | 27.40 % | |||
| Book Value Per Share | 16.70 X | |||
| Cash Flow From Operations | (6.44 M) | |||
| Earnings Per Share | 11.15 X | |||
| Total Asset | 257.21 M | |||
| Retained Earnings | 310 M | |||
| Current Asset | 505 M | |||
| Current Liabilities | 231 M | |||
About Priortech Performance
By analyzing Priortech's fundamental ratios, stakeholders can gain valuable insights into Priortech's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Priortech has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if Priortech has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
Priortech Ltd, through its subsidiaries, provides capital equipment, technologies, and manufacturing services in Israel and internationally. Priortech Ltd was incorporated in 1980 and is based in Migdal HaEmek, Israel. PRIORTECH operates under Contract Manufacturers classification in Israel and is traded on Tel Aviv Stock Exchange.Things to note about Priortech performance evaluation
Checking the ongoing alerts about Priortech for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Priortech help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Priortech generated a negative expected return over the last 90 days | |
| Priortech has high historical volatility and very poor performance | |
| Priortech has accumulated about 18.3 M in cash with (6.44 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.6. | |
| Roughly 29.0% of the company outstanding shares are owned by corporate insiders |
- Analyzing Priortech's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Priortech's stock is overvalued or undervalued compared to its peers.
- Examining Priortech's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Priortech's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Priortech's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Priortech's stock. These opinions can provide insight into Priortech's potential for growth and whether the stock is currently undervalued or overvalued.
Complementary Tools for Priortech Stock analysis
When running Priortech's price analysis, check to measure Priortech'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 Priortech is operating at the current time. Most of Priortech's value examination focuses on studying past and present price action to predict the probability of Priortech's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Priortech's price. Additionally, you may evaluate how the addition of Priortech to your portfolios can decrease your overall portfolio volatility.
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