Premium Income Stock Performance
| PIC-A Stock | CAD 6.36 0.04 0.63% |
Premium Income has a performance score of 7 on a scale of 0 to 100. The company holds a Beta of 0.47, which implies possible diversification benefits within a given portfolio. As returns on the market increase, Premium Income's returns are expected to increase less than the market. However, during the bear market, the loss of holding Premium Income is expected to be smaller as well. Premium Income right now holds a risk of 1.75%. Please check Premium Income information ratio, total risk alpha, and the relationship between the coefficient of variation and jensen alpha , to decide if Premium Income will be following its historical price patterns.
Risk-Adjusted Performance
7 of 100
Weak | Strong |
Modest
Compared to the overall equity markets, risk-adjusted returns on investments in Premium Income are ranked lower than 7 (%) of all global equities and portfolios over the last 90 days. In spite of comparatively uncertain basic indicators, Premium Income may actually be approaching a critical reversion point that can send shares even higher in January 2025. ...more
Forward Dividend Yield 0.1524 | Last Split Factor 675:1000 | Forward Dividend Rate 0.96 | Dividend Date 2024-12-31 | Ex Dividend Date 2024-12-13 |
1 | JPMorgan Nasdaq Equity Premium Income Active ETF Stock Price News - The Motley Fool Canada | 10/03/2024 |
2 | 5 Dividend ETFs to Buy and Hold Forever - Benzinga | 11/20/2024 |
3 | REX launches crypto stock income ETF - Cointelegraph | 12/04/2024 |
| Begin Period Cash Flow | 2.6 M |
Premium |
Premium Income Relative Risk vs. Return Landscape
If you would invest 579.00 in Premium Income on September 12, 2024 and sell it today you would earn a total of 57.00 from holding Premium Income or generate 9.84% return on investment over 90 days. Premium Income is generating 0.1642% of daily returns and assumes 1.7501% volatility on return distribution over the 90 days horizon. Simply put, 15% of stocks are less volatile than Premium, and 97% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
Premium Income Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Premium Income's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Premium Income, and traders can use it to determine the average amount a Premium Income'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 = 0.0938
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Estimated Market Risk
| 1.75 actual daily | 15 85% of assets are more volatile |
Expected Return
| 0.16 actual daily | 3 97% of assets have higher returns |
Risk-Adjusted Return
| 0.09 actual daily | 7 93% of assets perform better |
Based on monthly moving average Premium Income is performing at about 7% of its full potential. 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 Income by adding it to a well-diversified portfolio.
Premium Income Fundamentals Growth
Premium Stock prices reflect investors' perceptions of the future prospects and financial health of Premium Income, and Premium Income 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 Premium Stock performance.
| Return On Equity | 0.0793 | ||||
| Return On Asset | 0.0382 | ||||
| Profit Margin | 0.18 % | ||||
| Operating Margin | 0.96 % | ||||
| Current Valuation | 50.9 M | ||||
| Shares Outstanding | 12.99 M | ||||
| Price To Earning | 13.42 X | ||||
| Price To Book | 1.71 X | ||||
| Price To Sales | 3.94 X | ||||
| Revenue | (29.09 M) | ||||
| Gross Profit | (17.63 M) | ||||
| EBITDA | (12.39 M) | ||||
| Net Income | (32.55 M) | ||||
| Cash And Equivalents | 245.23 M | ||||
| Cash Per Share | 21.35 X | ||||
| Total Debt | 229.66 M | ||||
| Debt To Equity | 240.10 % | ||||
| Current Ratio | 1.41 X | ||||
| Book Value Per Share | 4.10 X | ||||
| Cash Flow From Operations | (8.65 M) | ||||
| Earnings Per Share | 39,080 X | ||||
| Market Capitalization | 83.12 M | ||||
| Total Asset | 237.16 M | ||||
| Working Capital | 7.9 M | ||||
About Premium Income Performance
Assessing Premium Income's fundamental ratios provides investors with valuable insights into Premium Income's financial health and overall profitability. This information is crucial for making informed investment decisions. A high ROA would indicate that the Premium Income is effectively leveraging its assets and equity to generate significant profits, making it an appealing investment. Conversely, low Return on Assets could signal underlying management issues in assets and equity, indicating a necessity for operational refinements. Please also refer to our technical analysis and fundamental analysis pages.
| Last Reported | Projected for Next Year | ||
| Days Of Inventory On Hand | -3.1 K | -3.2 K | |
| Return On Tangible Assets | (0.22) | (0.21) | |
| Return On Capital Employed | (5.23) | (4.97) | |
| Return On Assets | (0.22) | (0.21) | |
| Return On Equity | (7.23) | (6.87) |
Things to note about Premium Income performance evaluation
Checking the ongoing alerts about Premium Income for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Premium Income help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Premium Income has high likelihood to experience some financial distress in the next 2 years | |
| Premium Income has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial obligations | |
| Net Loss for the year was (32.55 M) with loss before overhead, payroll, taxes, and interest of (17.63 M). | |
| Premium Income has accumulated about 245.23 M in cash with (8.65 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 21.35, which can makes it an attractive takeover target, given it will continue generating positive cash flow. | |
| Latest headline from news.google.com: REX launches crypto stock income ETF - Cointelegraph |
- Analyzing Premium Income'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 Premium Income's stock is overvalued or undervalued compared to its peers.
- Examining Premium Income'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 Premium Income's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Premium Income's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Premium Income's stock. These opinions can provide insight into Premium Income's potential for growth and whether the stock is currently undervalued or overvalued.
Additional Tools for Premium Stock Analysis
When running Premium Income's price analysis, check to measure Premium Income'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 Premium Income is operating at the current time. Most of Premium Income's value examination focuses on studying past and present price action to predict the probability of Premium Income's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Premium Income's price. Additionally, you may evaluate how the addition of Premium Income to your portfolios can decrease your overall portfolio volatility.