Primo Water Corp Price on September 7, 2023
PRMWDelisted Stock | USD 24.21 0.47 1.90% |
If you're considering investing in Primo Stock, it is important to understand the factors that can impact its price. As of today, the current price of Primo Water stands at 24.21, as last reported on the 22nd of December, with the highest price reaching 26.02 and the lowest price hitting 23.64 during the day. Primo Water Corp maintains Sharpe Ratio (i.e., Efficiency) of -0.0206, which implies the firm had a -0.0206% return per unit of risk over the last 3 months. Primo Water Corp exposes thirty different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Primo Water's Semi Deviation of 1.25, risk adjusted performance of 0.1221, and Coefficient Of Variation of 679.17 to confirm the risk estimate we provide.
Primo Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Primo |
Sharpe Ratio = -0.0206
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Estimated Market Risk
1.6 actual daily | 14 86% of assets are more volatile |
Expected Return
-0.03 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.02 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Primo Water is not performing at its full potential. However, 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 Primo Water by adding Primo Water to a well-diversified portfolio.
Primo Water Main Headline on 7th of September 2023
Primo Water Corp dividend paid on 7th of September 2023 |
Primo Water Valuation on September 7, 2023
It is possible to determine the worth of Primo Water on a given historical date. On September 7, 2023 Primo was worth 14.42 at the beginning of the trading date compared to the closed value of 14.25. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Primo Water stock. Still, in general, we apply an absolute valuation method to find Primo Water'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 Primo Water where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Primo Water's related companies.
Open | High | Low | Close | Volume | |
14.28 | 14.41 | 14.19 | 14.35 | 842,362 | |
09/07/2023 | 14.42 | 14.43 | 14.14 | 14.25 | 597,841 |
14.24 | 14.34 | 14.01 | 14.13 | 669,961 |
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Primo Water Trading Date Momentum on September 7, 2023
On September 08 2023 Primo Water Corp was traded for 14.13 at the closing time. The top price for the day was 14.34 and the lowest listed price was 14.01 . The trading volume for the day was 670 K. The trading history from September 8, 2023 was a factor to the next trading day price decrease. The trading delta at closing time against the next closing price was 0.84% . The trading delta at closing time against the current closing price is 1.33% . |
Primo Water Corp Fundamentals Correlations and Trends
By evaluating Primo Water'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 Primo Water's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Primo financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Primo Water Stock history
Primo Water 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 Primo is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Primo Water Corp 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 Primo Water stock prices may prove useful in developing a viable investing in Primo Water
Primo Water Corporation provides pure-play water solutions for residential and commercial customers. Primo Water Corporation was incorporated in 1955 and is headquartered in Tampa, Florida. Primo Water operates under BeveragesNon-Alcoholic classification in the United States and is traded on New York Stock Exchange. It employs 9230 people.
Primo Water Stock Technical Analysis
Primo Water 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, delisted stock market cycles, or different charting patterns.
Price Boundaries
Primo Water Period Price Range
Low | December 22, 2024
| High |
0.00 | 0.00 |
Primo Water Corp cannot be verified against its exchange. Please verify the symbol is currently traded on New York Stock 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.
Primo Water December 22, 2024 Market Strength
Market strength indicators help investors to evaluate how Primo Water stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Primo Water shares will generate the highest return on investment. By undertsting and applying Primo Water stock market strength indicators, traders can identify Primo Water Corp entry and exit signals to maximize returns
Primo Water Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Primo Water's price direction in advance. Along with the technical and fundamental analysis of Primo Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Primo 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 | 0.1221 | |||
Jensen Alpha | 0.2488 | |||
Total Risk Alpha | 0.1972 | |||
Sortino Ratio | 0.1393 | |||
Treynor Ratio | (1.88) |
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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 Insider Screener module to find insiders across different sectors to evaluate their impact on performance.
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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