Premier Stock Alpha and Beta Analysis
| PINC Stock | USD 22.90 0.16 0.70% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Premier. It also helps investors analyze the systematic and unsystematic risks associated with investing in Premier over a specified time horizon. Remember, high Premier'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 Premier's market risk premium analysis include:
Beta 1.13 | Alpha 0.11 | Risk 2.17 | Sharpe Ratio 0.091 | Expected Return 0.2 |
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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.
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Premier Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Premier market risk premium is the additional return an investor will receive from holding Premier 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 Premier. 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 Premier's performance over market.| α | 0.11 | β | 1.13 |
Premier expected buy-and-hold returns
Although buy-and-hold investment strategy may not appeal to all investors, it may be used as a good measure of Premier's Buy-and-hold return. Our buy-and-hold chart shows how Premier performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.Premier Market Price Analysis
Market price analysis indicators help investors to evaluate how Premier stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Premier shares will generate the highest return on investment. By understating and applying Premier stock market price indicators, traders can identify Premier position entry and exit signals to maximize returns.
Premier Return and Market Media
The median price of Premier for the period between Tue, Sep 3, 2024 and Mon, Dec 2, 2024 is 19.97 with a coefficient of variation of 6.71. The daily time series for the period is distributed with a sample standard deviation of 1.37, arithmetic mean of 20.49, and mean deviation of 1.16. The Stock received substential amount of media coverage during this period. Price Growth (%) |
| Timeline |
1 | Disposition of 4390 shares by Andy Brailo of Premier at 20.51 subject to Rule 16b-3 | 09/06/2024 |
2 | A look at Saskatchewan Premier Scott Moes 16-member cabinet | 11/07/2024 |
3 | Media advisory - Minister Champagne to participate in groundbreaking ceremony with Premier Ford and Minister Fedeli in Port Colborne, Ontario | 11/13/2024 |
4 | A list of members of B.C. Premier David Ebys new cabinet | 11/18/2024 |
5 | Man City vs Tottenham live stream How to watch Premier League game online | 11/22/2024 |
6 | Newcastle United vs West Ham United LIVE Premier League team news, line-ups and more | 11/25/2024 |
7 | French Premier Warns of Market Storm If Budget Voted Down | 11/26/2024 |
8 | Yabers Black Friday Sale is now live Up to 50 percent off the new K3 Premier Theater Projector, T2 portable model, and more | 11/27/2024 |
9 | West Ham vs Arsenal live stream How to watch Premier League game online | 11/29/2024 |
About Premier 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 Premier or other stocks. Alpha measures the amount that position in Premier 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.
| 2021 | 2022 | 2023 | 2024 (projected) | Dividend Yield | 0.0225 | 0.0305 | 0.045 | 0.0428 | Price To Sales Ratio | 2.99 | 2.46 | 1.57 | 1.38 |
Premier Upcoming Company Events
As portrayed in its financial statements, the presentation of Premier's financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Premier's leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of Premier's public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of Premier. Please utilize our Beneish M Score to check the likelihood of Premier's management manipulating its earnings.
| 6th of February 2024 Upcoming Quarterly Report | View | |
| 7th of May 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 27th of August 2024 Next Fiscal Year End | View | |
| 30th of September 2023 Last Quarter Report | View | |
| 30th of June 2023 Last Financial Announcement | View |
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Align your risk with return expectations
Check out Premier Backtesting, Premier Valuation, Premier Correlation, Premier Hype Analysis, Premier Volatility, Premier History and analyze Premier Performance. For information on how to trade Premier Stock refer to our How to Trade Premier Stock guide.You can also try the Portfolio Manager module to state of the art Portfolio Manager to monitor and improve performance of your invested capital.
Premier technical 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, stock market cycles, or different charting patterns.