Prime Meridian Holding Stock Performance
| PMHG Stock | USD 28.99 0.01 0.03% |
The company holds a Beta of -0.0742, which implies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Prime Meridian are expected to decrease at a much lower rate. During the bear market, Prime Meridian is likely to outperform the market. At this point, Prime Meridian Holding has a negative expected return of -0.0942%. Please make sure to check Prime Meridian's total risk alpha, as well as the relationship between the kurtosis and day typical price , to decide if Prime Meridian Holding performance from the past will be repeated at some point in the near future.
Risk-Adjusted Performance
Very Weak
Weak | Strong |
Over the last 90 days Prime Meridian Holding has generated negative risk-adjusted returns adding no value to investors with long positions. Despite nearly stable technical indicators, Prime Meridian is not utilizing all of its potentials. The latest stock price disturbance, may contribute to mid-run losses for the stockholders. ...more
| Begin Period Cash Flow | 233.5 M |
Prime |
Prime Meridian Relative Risk vs. Return Landscape
If you would invest 3,099 in Prime Meridian Holding on December 24, 2024 and sell it today you would lose (200.00) from holding Prime Meridian Holding or give up 6.45% of portfolio value over 90 days. Prime Meridian Holding is currently does not generate positive expected returns and assumes 1.8606% risk (volatility on return distribution) over the 90 days horizon. In different words, 16% of otc stocks are less volatile than Prime, and 99% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
| Risk |
Prime Meridian Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Prime Meridian's investment risk. Standard deviation is the most common way to measure market volatility of otc stocks, such as Prime Meridian Holding, and traders can use it to determine the average amount a Prime Meridian'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 = -0.0506
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | PMHG |
Estimated Market Risk
| 1.86 actual daily | 16 84% of assets are more volatile |
Expected Return
| -0.09 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.05 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Prime Meridian 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 Prime Meridian by adding Prime Meridian to a well-diversified portfolio.
Prime Meridian Fundamentals Growth
Prime OTC Stock prices reflect investors' perceptions of the future prospects and financial health of Prime Meridian, and Prime Meridian 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 Prime OTC Stock performance.
| Return On Equity | 0.14 | |||
| Return On Asset | 0.0117 | |||
| Profit Margin | 0.33 % | |||
| Operating Margin | 0.45 % | |||
| Current Valuation | (102.44 M) | |||
| Shares Outstanding | 3.16 M | |||
| Price To Earning | 13.27 X | |||
| Price To Book | 1.25 X | |||
| Price To Sales | 2.93 X | |||
| Revenue | 29.89 M | |||
| Cash And Equivalents | 135.92 M | |||
| Cash Per Share | 43.06 X | |||
| Total Debt | 4.28 M | |||
| Book Value Per Share | 21.19 X | |||
| Cash Flow From Operations | 9.4 M | |||
| Earnings Per Share | 3.03 X | |||
| Total Asset | 815.17 M | |||
About Prime Meridian Performance
By analyzing Prime Meridian's fundamental ratios, stakeholders can gain valuable insights into Prime Meridian's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Prime Meridian 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 Prime Meridian has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
Prime Meridian Holding Company operates as the bank holding company for Prime Meridian Bank that provides various consumer and commercial banking services to individuals and businesses. The company was founded in 2008 and is headquartered in Tallahassee, Florida. Prime Meridian operates under BanksRegional classification in the United States and is traded on OTC Exchange. It employs 100 people.Things to note about Prime Meridian Holding performance evaluation
Checking the ongoing alerts about Prime Meridian for important developments is a great way to find new opportunities for your next move. OTC Stock alerts and notifications screener for Prime Meridian Holding help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Prime Meridian generated a negative expected return over the last 90 days | |
| About 28.0% of the company outstanding shares are owned by corporate insiders |
- Analyzing Prime Meridian'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 Prime Meridian's stock is overvalued or undervalued compared to its peers.
- Examining Prime Meridian'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 Prime Meridian's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Prime Meridian's management team can help you assess the OTC Stock's leadership.
- Pay attention to analyst opinions and ratings of Prime Meridian's otc stock. These opinions can provide insight into Prime Meridian's potential for growth and whether the stock is currently undervalued or overvalued.
Complementary Tools for Prime OTC Stock analysis
When running Prime Meridian's price analysis, check to measure Prime Meridian'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 Prime Meridian is operating at the current time. Most of Prime Meridian's value examination focuses on studying past and present price action to predict the probability of Prime Meridian's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Prime Meridian's price. Additionally, you may evaluate how the addition of Prime Meridian to your portfolios can decrease your overall portfolio volatility.
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