Prime Meridian Holding Stock Price on October 25, 2024
| PMHG Stock | USD 29.00 0.03 0.10% |
If you're considering investing in Prime OTC Stock, it is important to understand the factors that can impact its price. As of today, the current price of Prime Meridian stands at 29.00, as last reported on the 29th of November, with the highest price reaching 29.00 and the lowest price hitting 29.00 during the day. Prime Meridian appears to be very steady, given 3 months investment horizon. Prime Meridian Holding maintains Sharpe Ratio (i.e., Efficiency) of 0.19, which implies the firm had a 0.19% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Prime Meridian Holding, which you can use to evaluate the volatility of the company. Please evaluate Prime Meridian's Risk Adjusted Performance of 0.15, coefficient of variation of 528.89, and Semi Deviation of 0.9008 to confirm if our risk estimates are consistent with your expectations.
Prime OTC Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Prime |
Sharpe Ratio = 0.1936
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Estimated Market Risk
| 1.62 actual daily | 14 86% of assets are more volatile |
Expected Return
| 0.31 actual daily | 6 94% of assets have higher returns |
Risk-Adjusted Return
| 0.19 actual daily | 15 85% of assets perform better |
Based on monthly moving average Prime Meridian is performing at about 15% 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 Prime Meridian by adding it to a well-diversified portfolio.
Prime Meridian Valuation on October 25, 2024
It is possible to determine the worth of Prime Meridian on a given historical date. On October 25, 2024 Prime was worth 24.25 at the beginning of the trading date compared to the closed value of 24.23. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Prime Meridian otc stock. Still, in general, we apply an absolute valuation method to find Prime Meridian's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Prime Meridian where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Prime Meridian's related companies.
| Open | High | Low | Close | Volume | |
| 23.75 | 23.75 | 23.75 | 23.75 | 1.00 | |
10/25/2024 | 24.25 | 24.25 | 24.23 | 24.23 | 2,700 |
| 25.00 | 25.71 | 24.25 | 25.71 | 530.00 |
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Prime Meridian Trading Date Momentum on October 25, 2024
| On October 28 2024 Prime Meridian Holding was traded for 25.71 at the closing time. The top price for the day was 25.71 and the lowest listed price was 24.25 . The trading volume for the day was 530. The trading history from October 28, 2024 was a factor to the next trading day price rise. The trading delta at closing time against the next closing price was 6.11% . The trading delta at closing time against the current closing price is 1.20% . |
Prime Meridian Holding Fundamentals Correlations and Trends
By evaluating Prime Meridian's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Prime Meridian's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Prime financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Prime Meridian OTC Stock history
Prime Meridian investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Prime is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Prime Meridian Holding will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Prime Meridian stock prices may prove useful in developing a viable investing in Prime Meridian
Prime Meridian Holding Company operates as the bank holding company for Prime Meridian Bank that provides various consumer and commercial banking services to individuals and businesses. The company was founded in 2008 and is headquartered in Tallahassee, Florida. Prime Meridian operates under BanksRegional classification in the United States and is traded on OTC Exchange. It employs 100 people.
Prime Meridian OTC Stock Technical Analysis
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.
Price Boundaries
Prime Meridian Period Price Range
Low | November 29, 2024
| High |
0.00 | 0.00 |
Prime Meridian Holding cannot be verified against its exchange. Please verify the symbol is currently traded on OTCQX Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
Prime Meridian November 29, 2024 Market Strength
Market strength indicators help investors to evaluate how Prime Meridian otc stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Prime Meridian shares will generate the highest return on investment. By undertsting and applying Prime Meridian otc stock market strength indicators, traders can identify Prime Meridian Holding entry and exit signals to maximize returns
Prime Meridian Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Prime Meridian's price direction in advance. Along with the technical and fundamental analysis of Prime OTC Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Prime to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | 0.15 | |||
| Jensen Alpha | 0.2298 | |||
| Total Risk Alpha | 0.051 | |||
| Sortino Ratio | 0.0699 | |||
| Treynor Ratio | 0.5599 |
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| Volume Indicators |
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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