Primo Water Corp Alpha and Beta Analysis
| PRMWDelisted Stock | USD 24.21 0.47 1.90% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Primo Water Corp. It also helps investors analyze the systematic and unsystematic risks associated with investing in Primo Water over a specified time horizon. Remember, high Primo Water's alpha is almost always a sign of good performance; however, a high beta will depend on investors' risk tolerance level and may signal increased volatility and potential future overvaluation. Key technical indicators related to Primo Water's market risk premium analysis include:
Beta 0.0687 | Alpha 0.24 | Risk 1.57 | Sharpe Ratio 0.0533 | Expected Return 0.0836 |
Alpha is a measure of relative performance on a risk-adjusted basis, while beta measures volatility against the benchmark. The goal is to know if an investor is being compensated for the volatility risk taken. The return on investment might be better than its reference but still not compensate for the assumption of the risk.
Primo |
Primo Water Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Primo Water market risk premium is the additional return an investor will receive from holding Primo Water long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Primo Water. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Alpha and beta are two of the key measurements used to evaluate Primo Water's performance over market.| α | 0.24 | β | 0.07 |
Primo Water Fundamentals Vs Peers
Comparing Primo Water's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze Primo Water's direct or indirect competition across all of the common fundamentals between Primo Water and the related equities. This way, we can detect undervalued stocks with similar characteristics as Primo Water or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Primo Water's fundamental indicators could also be used in its relative valuation, which is a method of valuing Primo Water by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare Primo Water to competition |
| Fundamentals | Primo Water | Peer Average |
| Return On Equity | 0.0602 | -0.31 |
| Return On Asset | 0.0347 | -0.14 |
| Profit Margin | 0.14 % | (1.27) % |
| Operating Margin | 0.13 % | (5.51) % |
| Current Valuation | 4.65 B | 16.62 B |
| Shares Outstanding | 160.4 M | 571.82 M |
| Shares Owned By Insiders | 2.27 % | 10.09 % |
Primo Water Opportunities
Primo Water Return and Market Media
The Stock received substential amount of media coverage during this period. Price Growth (%) |
| Timeline |
1 | SG Americas Securities LLC Sells 14,443 Shares of Primo Water Co. - Defense World | 08/20/2024 |
| Primo Water dividend paid on 5th of September 2024 | 09/05/2024 |
2 | Primo Water Corp Q2 2024 Earnings Call Highlights Strong Revenue Growth and Strategic ... | 10/09/2024 |
3 | PRIMO WATER INVESTOR ALERT by the Former Attorney General of Louisiana Kahn Swick Foti, LLC Investigates Merger of Primo Water Corporation - PRMW | 10/10/2024 |
4 | Primo Water Co. Plans Dividend of 0.82 | 10/16/2024 |
5 | Primo Water Receives New Coverage from Analysts at William Blair | 10/25/2024 |
6 | Primo Water Q3 2024 Earnings Preview | 11/06/2024 |
7 | Primo Q3 Earnings Snapshot | 11/07/2024 |
8 | Primo Water Sees Large Volume Increase Heres What Happened | 11/08/2024 |
About Primo Water Beta and Alpha
For many years both, Alpha and Beta indicators are used by professional money managers as critical performance measurement tools across virtually all financial instruments including Primo or other delisted stocks. Alpha measures the amount that position in Primo Water Corp has returned in comparison to a selected market index or another relevant benchmark. In other words, Alpha is the excess return on an investment relative to the performance of your selected benchmark. Beta, on the other hand, measures the relative risk of your investment.
Primo Water Upcoming Company Events
As portrayed in its financial statements, the presentation of Primo Water's financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Primo Water's leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of Primo Water's public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of Primo Water. Please utilize our Beneish M Score to check the likelihood of Primo Water's management manipulating its earnings.
| 22nd of February 2024 Upcoming Quarterly Report | View | |
| 2nd of May 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 22nd of February 2024 Next Fiscal Year End | View | |
| 30th of September 2023 Last Quarter Report | View | |
| 31st of December 2022 Last Financial Announcement | View |
Build Portfolio with Primo Water
Your optimized portfolios are the building block of your wealth. We provide an intuitive interface to determine which securities in a portfolio should be removed or rebalanced to achieve better diversification, find the right mix of securities that minimizes portfolio risk for a given return, or maximize portfolio expected return for a given risk level.Build Diversified Portfolios
Align your risk with return expectations
Check out Your Equity Center to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population. You can also try the Bonds Directory module to find actively traded corporate debentures issued by US companies.
Other Consideration for investing in Primo Stock
If you are still planning to invest in Primo Water Corp check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Primo Water's history and understand the potential risks before investing.
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