Premier African Minerals Stock Performance
| PRMMF Stock | 0.0003 0.0006 66.67% |
Premier African holds a performance score of 10 on a scale of zero to a hundred. The company holds a Beta of -19.15, which implies a somewhat significant risk relative to the market. As returns on the market increase, returns on owning Premier African are expected to decrease by larger amounts. On the other hand, during market turmoil, Premier African is expected to outperform it. Use Premier African jensen alpha, expected short fall, period momentum indicator, as well as the relationship between the maximum drawdown and rate of daily change , to analyze future returns on Premier African.
Risk-Adjusted Performance
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Compared to the overall equity markets, risk-adjusted returns on investments in Premier African Minerals are ranked lower than 10 (%) of all global equities and portfolios over the last 90 days. Despite nearly weak primary indicators, Premier African reported solid returns over the last few months and may actually be approaching a breakup point. ...more
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Premier African Relative Risk vs. Return Landscape
If you would invest 0.14 in Premier African Minerals on December 25, 2024 and sell it today you would lose (0.11) from holding Premier African Minerals or give up 78.57% of portfolio value over 90 days. Premier African Minerals is currently producing 15.3727% returns and takes up 118.7927% volatility of returns over 90 trading days. Put another way, most equities are less risky on the basis of their return distribution than Premier, and majority of traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
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Premier African Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Premier African's investment risk. Standard deviation is the most common way to measure market volatility of pink sheets, such as Premier African Minerals, and traders can use it to determine the average amount a Premier African'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 = 0.1294
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Estimated Market Risk
| 118.79 actual daily | 96 96% of assets are less volatile |
Expected Return
| 4.96 actual daily | 96 96% of assets have lower returns |
Risk-Adjusted Return
| 0.13 actual daily | 10 90% of assets perform better |
Based on monthly moving average Premier African is performing at about 10% 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 Premier African by adding it to a well-diversified portfolio.
Things to note about Premier African Minerals performance evaluation
Checking the ongoing alerts about Premier African for important developments is a great way to find new opportunities for your next move. Pink Sheet alerts and notifications screener for Premier African Minerals help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Premier African is way too risky over 90 days horizon | |
| Premier African has some characteristics of a very speculative penny stock | |
| Premier African appears to be risky and price may revert if volatility continues |
- Analyzing Premier African'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 Premier African's stock is overvalued or undervalued compared to its peers.
- Examining Premier African'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 Premier African's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Premier African's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Premier African's pink sheet. These opinions can provide insight into Premier African's potential for growth and whether the stock is currently undervalued or overvalued.
Complementary Tools for Premier Pink Sheet analysis
When running Premier African's price analysis, check to measure Premier African'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 Premier African is operating at the current time. Most of Premier African's value examination focuses on studying past and present price action to predict the probability of Premier African's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Premier African's price. Additionally, you may evaluate how the addition of Premier African to your portfolios can decrease your overall portfolio volatility.
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