Priner Servios (Brazil) Market Value

PRNR3 Stock  BRL 16.37  0.08  0.49%   
Priner Servios' market value is the price at which a share of Priner Servios trades on a public exchange. It measures the collective expectations of Priner Servios Industriais investors about its performance. Priner Servios is selling for under 16.37 as of the 1st of March 2025; that is 0.49% up since the beginning of the trading day. The stock's lowest day price was 16.03.
With this module, you can estimate the performance of a buy and hold strategy of Priner Servios Industriais and determine expected loss or profit from investing in Priner Servios over a given investment horizon. Check out Priner Servios Correlation, Priner Servios Volatility and Priner Servios Alpha and Beta module to complement your research on Priner Servios.
Symbol

Please note, there is a significant difference between Priner Servios' value and its price as these two are different measures arrived at by different means. Investors typically determine if Priner Servios is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Priner Servios' 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.

Priner Servios 'What if' Analysis

In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Priner Servios' stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Priner Servios.
0.00
03/12/2023
No Change 0.00  0.0 
In 1 year 11 months and 22 days
03/01/2025
0.00
If you would invest  0.00  in Priner Servios on March 12, 2023 and sell it all today you would earn a total of 0.00 from holding Priner Servios Industriais or generate 0.0% return on investment in Priner Servios over 720 days. Priner Servios is related to or competes with Quanta Services,, Azevedo Travassos, and Sondotcnica Engenharia. Priner Servios Industriais S.A. provides industrial services and rental services in the petrochemical, pulp and paper, s... More

Priner Servios Upside/Downside Indicators

Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Priner Servios' stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Priner Servios Industriais upside and downside potential and time the market with a certain degree of confidence.

Priner Servios Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Priner Servios' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Priner Servios' standard deviation. In reality, there are many statistical measures that can use Priner Servios historical prices to predict the future Priner Servios' volatility.
Hype
Prediction
LowEstimatedHigh
14.2616.3718.48
Details
Intrinsic
Valuation
LowRealHigh
14.6916.8018.91
Details
Naive
Forecast
LowNextHigh
14.1016.2118.32
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
16.2916.3616.44
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Priner Servios. Your research has to be compared to or analyzed against Priner Servios' peers to derive any actionable benefits. When done correctly, Priner Servios' competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Priner Servios Indus.

Priner Servios Indus Backtested Returns

Priner Servios appears to be not too volatile, given 3 months investment horizon. Priner Servios Indus 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. We have found thirty technical indicators for Priner Servios Indus, which you can use to evaluate the volatility of the company. Please evaluate Priner Servios' Coefficient Of Variation of 1500.35, risk adjusted performance of 0.0557, and Semi Deviation of 1.74 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Priner Servios holds a performance score of 11. The company holds a Beta of 0.65, which implies possible diversification benefits within a given portfolio. As returns on the market increase, Priner Servios' returns are expected to increase less than the market. However, during the bear market, the loss of holding Priner Servios is expected to be smaller as well. Please check Priner Servios' standard deviation, treynor ratio, downside variance, as well as the relationship between the total risk alpha and value at risk , to make a quick decision on whether Priner Servios' historical price patterns will revert.

Auto-correlation

    
  0.36  

Below average predictability

Priner Servios Industriais has below average predictability. Overlapping area represents the amount of predictability between Priner Servios time series from 12th of March 2023 to 6th of March 2024 and 6th of March 2024 to 1st of March 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Priner Servios Indus price movement. The serial correlation of 0.36 indicates that just about 36.0% of current Priner Servios price fluctuation can be explain by its past prices.
Correlation Coefficient0.36
Spearman Rank Test0.5
Residual Average0.0
Price Variance2.7

Priner Servios Indus lagged returns against current returns

Autocorrelation, which is Priner Servios stock's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Priner Servios' stock expected returns. We can calculate the autocorrelation of Priner Servios returns to help us make a trade decision. For example, suppose you find that Priner Servios has exhibited high autocorrelation historically, and you observe that the stock is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
   Current and Lagged Values   
       Timeline  

Priner Servios regressed lagged prices vs. current prices

Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Priner Servios stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Priner Servios stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Priner Servios stock over time.
   Current vs Lagged Prices   
       Timeline  

Priner Servios Lagged Returns

When evaluating Priner Servios' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Priner Servios stock have on its future price. Priner Servios autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Priner Servios autocorrelation shows the relationship between Priner Servios stock current value and its past values and can show if there is a momentum factor associated with investing in Priner Servios Industriais.
   Regressed Prices   
       Timeline  

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Additional Tools for Priner Stock Analysis

When running Priner Servios' price analysis, check to measure Priner Servios' 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 Priner Servios is operating at the current time. Most of Priner Servios' value examination focuses on studying past and present price action to predict the probability of Priner Servios' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Priner Servios' price. Additionally, you may evaluate how the addition of Priner Servios to your portfolios can decrease your overall portfolio volatility.