Premier Foods Plc Stock Market Value
| PRRFY Stock | USD 12.26 0.00 0.00% |
| Symbol | Premier |
Premier Foods 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Premier Foods' pink sheet what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Premier Foods.
| 09/03/2024 |
| 12/02/2024 |
If you would invest 0.00 in Premier Foods on September 3, 2024 and sell it all today you would earn a total of 0.00 from holding Premier Foods Plc or generate 0.0% return on investment in Premier Foods over 90 days. Premier Foods is related to or competes with Aryzta AG, A2 Milk, Avi, and Artisan Consumer. Premier Foods plc, together with its subsidiaries, manufactures and distributes branded and own label food products in t... More
Premier Foods Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Premier Foods' pink sheet current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Premier Foods Plc upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.01) | |||
| Maximum Drawdown | 10.79 |
Premier Foods Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Premier Foods' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Premier Foods' standard deviation. In reality, there are many statistical measures that can use Premier Foods historical prices to predict the future Premier Foods' volatility.| Risk Adjusted Performance | 0.0873 | |||
| Jensen Alpha | 0.0808 | |||
| Total Risk Alpha | (0.07) | |||
| Treynor Ratio | 0.4638 |
Premier Foods Plc Backtested Returns
At this stage we consider Premier Pink Sheet to be not too volatile. Premier Foods Plc maintains Sharpe Ratio (i.e., Efficiency) of 0.11, which implies the firm had a 0.11% return per unit of risk over the last 3 months. We have found sixteen technical indicators for Premier Foods Plc, which you can use to evaluate the volatility of the company. Please check Premier Foods' Risk Adjusted Performance of 0.0873, coefficient of variation of 908.07, and Variance of 1.22 to confirm if the risk estimate we provide is consistent with the expected return of 0.13%. Premier Foods has a performance score of 8 on a scale of 0 to 100. The company holds a Beta of 0.24, which implies not very significant fluctuations relative to the market. As returns on the market increase, Premier Foods' returns are expected to increase less than the market. However, during the bear market, the loss of holding Premier Foods is expected to be smaller as well. Premier Foods Plc right now holds a risk of 1.12%. Please check Premier Foods Plc coefficient of variation and skewness , to decide if Premier Foods Plc will be following its historical price patterns.
Auto-correlation | -0.84 |
Excellent reverse predictability
Premier Foods Plc has excellent reverse predictability. Overlapping area represents the amount of predictability between Premier Foods time series from 3rd of September 2024 to 18th of October 2024 and 18th of October 2024 to 2nd of December 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Premier Foods Plc price movement. The serial correlation of -0.84 indicates that around 84.0% of current Premier Foods price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.84 | |
| Spearman Rank Test | -0.37 | |
| Residual Average | 0.0 | |
| Price Variance | 0.08 |
Premier Foods Plc lagged returns against current returns
Autocorrelation, which is Premier Foods pink sheet's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Premier Foods' pink sheet expected returns. We can calculate the autocorrelation of Premier Foods returns to help us make a trade decision. For example, suppose you find that Premier Foods has exhibited high autocorrelation historically, and you observe that the pink sheet is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
Premier Foods regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Premier Foods pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Premier Foods pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Premier Foods pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Premier Foods Lagged Returns
When evaluating Premier Foods' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Premier Foods pink sheet have on its future price. Premier Foods autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Premier Foods autocorrelation shows the relationship between Premier Foods pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Premier Foods Plc.
Regressed Prices |
| Timeline |
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Additional Tools for Premier Pink Sheet Analysis
When running Premier Foods' price analysis, check to measure Premier Foods' 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 Premier Foods is operating at the current time. Most of Premier Foods' value examination focuses on studying past and present price action to predict the probability of Premier Foods' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Premier Foods' price. Additionally, you may evaluate how the addition of Premier Foods to your portfolios can decrease your overall portfolio volatility.