Prime Number Acquisition Performance
| PNACDelisted Stock | USD 10.57 0.02 0.19% |
The company holds a Beta of 0.0285, which implies not very significant fluctuations relative to the market. As returns on the market increase, Prime Number's returns are expected to increase less than the market. However, during the bear market, the loss of holding Prime Number is expected to be smaller as well. Prime Number Acquisition right now holds a risk of 0.0%. Please check Prime Number Acquisition jensen alpha, potential upside, accumulation distribution, as well as the relationship between the treynor ratio and expected short fall , to decide if Prime Number Acquisition will be following its historical price patterns.
Risk-Adjusted Performance
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Over the last 90 days Prime Number Acquisition has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of rather sound basic indicators, Prime Number is not utilizing all of its potentials. The current stock price tumult, may contribute to shorter-term losses for the shareholders. ...more
| Begin Period Cash Flow | 125.3 K | |
| Total Cashflows From Investing Activities | -65.8 M | |
| Free Cash Flow | -628.5 K |
Prime |
Prime Number Relative Risk vs. Return Landscape
If you would invest 1,057 in Prime Number Acquisition on September 5, 2024 and sell it today you would earn a total of 0.00 from holding Prime Number Acquisition or generate 0.0% return on investment over 90 days. Prime Number Acquisition is currently does not generate positive expected returns and assumes 0.0% risk (volatility on return distribution) over the 90 days horizon. In different words, 0% of stocks are less volatile than Prime, and 99% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
| Risk |
Prime Number Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Prime Number's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Prime Number Acquisition, and traders can use it to determine the average amount a Prime Number's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.0
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Based on monthly moving average Prime Number 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 Prime Number by adding Prime Number to a well-diversified portfolio.
Prime Number Fundamentals Growth
Prime Stock prices reflect investors' perceptions of the future prospects and financial health of Prime Number, and Prime Number fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Prime Stock performance.
| Return On Asset | -0.0141 | |||
| Current Valuation | 29.74 M | |||
| Shares Outstanding | 6.92 M | |||
| EBITDA | (852.92 K) | |||
| Cash And Equivalents | 697.28 K | |||
| Cash Per Share | 0.08 X | |||
| Total Debt | 350 K | |||
| Book Value Per Share | (0.50) X | |||
| Cash Flow From Operations | (628.48 K) | |||
| Earnings Per Share | 2.46 X | |||
| Total Asset | 67.12 M | |||
| Retained Earnings | (2.14 M) | |||
About Prime Number Performance
By analyzing Prime Number's fundamental ratios, stakeholders can gain valuable insights into Prime Number's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Prime Number has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if Prime Number has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
Prime Number Acquisition I Corp. focuses on effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses. The company was incorporated in 2021 and is based in Manhasset, New York. Prime Number is traded on NASDAQ Exchange in the United States.Things to note about Prime Number Acquisition performance evaluation
Checking the ongoing alerts about Prime Number for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Prime Number Acquisition help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Prime Number is not yet fully synchronised with the market data | |
| Prime Number has a very high chance of going through financial distress in the upcoming years | |
| Prime Number Acquisition currently holds about 697.28 K in cash with (628.48 K) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.08. | |
| Over 78.0% of the company shares are owned by institutional investors |
- Analyzing Prime Number's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Prime Number's stock is overvalued or undervalued compared to its peers.
- Examining Prime Number's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Prime Number's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Prime Number's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Prime Number's stock. These opinions can provide insight into Prime Number's potential for growth and whether the stock is currently undervalued or overvalued.
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 nation. You can also try the Portfolio Rebalancing module to analyze risk-adjusted returns against different time horizons to find asset-allocation targets.
Other Consideration for investing in Prime Stock
If you are still planning to invest in Prime Number Acquisition 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 Prime Number's history and understand the potential risks before investing.
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