Prime Meridian Holding Stock Technical Analysis
| PMHG Stock | USD 29.00 0.03 0.10% |
As of the 1st of December, Prime Meridian holds the Coefficient Of Variation of 528.89, semi deviation of 0.9008, and Risk Adjusted Performance of 0.1497. Compared to fundamental indicators, the technical analysis model allows you to check existing technical drivers of Prime Meridian, as well as the relationship between them. Put it differently, you can use this information to find out if the company will indeed mirror its model of past market data, or the prices will eventually revert. We have analyze and collected data for nineteen technical drivers for Prime Meridian Holding, which can be compared to its competitors. Please check Prime Meridian Holding information ratio, as well as the relationship between the value at risk and expected short fall to decide if Prime Meridian Holding is priced some-what accurately, providing market reflects its current price of 29.0 per share. Given that Prime Meridian has jensen alpha of 0.224, we recommend you to check out Prime Meridian Holding's recent market performance to make sure the company can sustain itself at a future point.
Prime Meridian Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Prime, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to PrimePrime |
Prime Meridian technical otc stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, otc market cycles, or different charting patterns.
Prime Meridian Holding Technical Analysis
The output start index for this execution was one with a total number of output elements of sixty. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of Prime Meridian Holding volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Prime Meridian Holding Trend Analysis
Use this graph to draw trend lines for Prime Meridian Holding. You can use it to identify possible trend reversals for Prime Meridian as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual Prime Meridian price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Prime Meridian Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Prime Meridian Holding applied against its price change over selected period. The best fit line has a slop of 0.08 , which means Prime Meridian Holding will continue generating value for investors. It has 122 observation points and a regression sum of squares at 223.95, which is the sum of squared deviations for the predicted Prime Meridian price change compared to its average price change.About Prime Meridian Technical Analysis
The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of Prime Meridian Holding on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of Prime Meridian Holding based on its technical analysis. In general, a bottom-up approach, as applied to this otc stock, focuses on Prime Meridian Holding price pattern first instead of the macroeconomic environment surrounding Prime Meridian Holding. By analyzing Prime Meridian's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of Prime Meridian's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to Prime Meridian specific price patterns or momentum indicators. Please read more on our technical analysis page.
Prime Meridian December 1, 2024 Technical Indicators
Most technical analysis of Prime help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Prime from various momentum indicators to cycle indicators. When you analyze Prime charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.
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| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
| Risk Adjusted Performance | 0.1497 | |||
| Market Risk Adjusted Performance | 0.5742 | |||
| Mean Deviation | 0.9261 | |||
| Semi Deviation | 0.9008 | |||
| Downside Deviation | 2.49 | |||
| Coefficient Of Variation | 528.89 | |||
| Standard Deviation | 1.58 | |||
| Variance | 2.51 | |||
| Information Ratio | 0.1022 | |||
| Jensen Alpha | 0.224 | |||
| Total Risk Alpha | 0.0251 | |||
| Sortino Ratio | 0.065 | |||
| Treynor Ratio | 0.5642 | |||
| Maximum Drawdown | 10.77 | |||
| Value At Risk | (1.04) | |||
| Potential Upside | 3.13 | |||
| Downside Variance | 6.2 | |||
| Semi Variance | 0.8115 | |||
| Expected Short fall | (1.87) | |||
| Skewness | 0.002 | |||
| Kurtosis | 7.78 |
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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