Premium Nickel Resources Stock Performance
| PNRLF Stock | 0.26 0.00 0.00% |
The company holds a Beta of 1.25, which implies a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Premium Nickel will likely underperform. At this point, Premium Nickel Resources has a negative expected return of -0.49%. Please make sure to check Premium Nickel's jensen alpha, as well as the relationship between the skewness and day typical price , to decide if Premium Nickel Resources 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 Premium Nickel Resources has generated negative risk-adjusted returns adding no value to investors with long positions. Despite fragile performance in the last few months, the Stock's essential indicators remain nearly stable which may send shares a bit higher in April 2025. The current disturbance may also be a sign of long-run up-swing for the company stockholders. ...more
| Begin Period Cash Flow | 308 K | |
| End Period Cash Flow | 2 M | |
| Free Cash Flow | -1.5 M |
Premium |
Premium Nickel Relative Risk vs. Return Landscape
If you would invest 34.00 in Premium Nickel Resources on December 9, 2024 and sell it today you would lose (8.00) from holding Premium Nickel Resources or give up 23.53% of portfolio value over 90 days. Premium Nickel Resources is currently producing negative expected returns and takes up 4.8733% volatility of returns over 90 trading days. Put another way, 43% of traded pink sheets are less volatile than Premium, and 99% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
Premium Nickel Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Premium Nickel's investment risk. Standard deviation is the most common way to measure market volatility of pink sheets, such as Premium Nickel Resources, and traders can use it to determine the average amount a Premium Nickel'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 = -0.1006
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | PNRLF |
Estimated Market Risk
| 4.87 actual daily | 43 57% of assets are more volatile |
Expected Return
| -0.49 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.1 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Premium Nickel 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 Premium Nickel by adding Premium Nickel to a well-diversified portfolio.
Premium Nickel Fundamentals Growth
Premium Pink Sheet prices reflect investors' perceptions of the future prospects and financial health of Premium Nickel, and Premium Nickel 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 Pink Sheet performance.
| EBITDA | (3.72 M) | |||
| Cash Flow From Operations | (1.47 M) | |||
| Total Asset | 41.68 M | |||
About Premium Nickel Performance
By analyzing Premium Nickel's fundamental ratios, stakeholders can gain valuable insights into Premium Nickel's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Premium Nickel 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 Premium Nickel has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
Things to note about Premium Nickel Resources performance evaluation
Checking the ongoing alerts about Premium Nickel for important developments is a great way to find new opportunities for your next move. Pink Sheet alerts and notifications screener for Premium Nickel Resources help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Premium Nickel is not yet fully synchronised with the market data | |
| Premium Nickel generated a negative expected return over the last 90 days | |
| Premium Nickel has some characteristics of a very speculative penny stock | |
| Premium Nickel has high historical volatility and very poor performance | |
| Premium Nickel has high likelihood to experience some financial distress in the next 2 years | |
| Net Loss for the year was (4 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| Premium Nickel generates negative cash flow from operations |
- Analyzing Premium Nickel'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 Nickel's stock is overvalued or undervalued compared to its peers.
- Examining Premium Nickel'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 Nickel's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Premium Nickel's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Premium Nickel's pink sheet. These opinions can provide insight into Premium Nickel's potential for growth and whether the stock is currently undervalued or overvalued.
Complementary Tools for Premium Pink Sheet analysis
When running Premium Nickel's price analysis, check to measure Premium Nickel'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 Nickel is operating at the current time. Most of Premium Nickel's value examination focuses on studying past and present price action to predict the probability of Premium Nickel'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 Nickel's price. Additionally, you may evaluate how the addition of Premium Nickel to your portfolios can decrease your overall portfolio volatility.
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