Premium Competitors

Pink Sheets . USA . 
Stock . Premium Nickel Resources
PNRLF Stock   0.34  0.01  2.86%   
Premium Nickel Resources competes with South Star, and Mundoro Capital; as well as few others. The company classifies itself under Basic Materials sector and is part of Other Industrial Metals & Mining industry. Analyzing Premium Nickel competition allows you to expand the diversification possibilities of your existing portfolios and to get a better perspective on locking in new positions. Investors sometimes prefer comparable analysis of Premium Nickel to its intrinsic valuation because they are able to contrast its competitors on a relative basis. Check out Premium Nickel Correlation with its peers.
You can use the Comparative Equity Analysis module to analyze the advantages of investing in your portfolio's related equities across multiple sectors and thematic ideas. Please use the input box below to enter symbols for particular investments you would like to analyze. With the equity comparison module, you can estimate the relative effect of Premium Nickel competition on your existing holdings.
  
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Hype
Prediction
LowEstimatedHigh
0.020.346.09
Details
Intrinsic
Valuation
LowRealHigh
0.020.346.09
Details
Naive
Forecast
LowNextHigh
0.010.346.08
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
0.340.340.34
Details

Premium Nickel Competition Correlation Matrix

Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between Premium Nickel and its competitors represents the degree of relationship between the price movements of corresponding pink sheets. A correlation of about +1.0 implies that the price of Premium and its corresponding peer move in tandem. A correlation of -1.0 means that prices move in opposite directions. A correlation of close to zero suggests that the price movements of assets are uncorrelated; in other words, the historical price movement of Premium Nickel Resources does not affect the price movement of the other competitor.
Click cells to compare fundamentals   Check Volatility   Backtest Portfolio
High positive correlations   
MUNMF
+ 0.5
NWIFF
STSBF
+ 0.35
NWIFF
MUNMF
+ 0.27
STSBF
STSBF
+ 0.07
ZNCXF
ZNCXF
+ 0.0
NRRMF
NWIFF
+ 0.0
NRRMF
  
High negative correlations   
NWIFF
- 0.29
ZNCXF
MUNMF
- 0.28
ZNCXF
MUNMF
- 0.0
NRRMF
STSBF
- 0.0
NRRMF
NWIFF
- 0.0
NRRMF
ZNCXF
- 0.0
NRRMF

Risk-Adjusted Indicators

There is a big difference between Premium Pink Sheet performing well and Premium Nickel Company doing well as a business compared to the competition. There are so many exceptions to the norm that investors cannot definitively determine what's good or bad unless they analyze Premium Nickel's multiple risk-adjusted performance indicators across the competitive landscape. These indicators are quantitative in nature and help investors forecast volatility and risk-adjusted expected returns across various positions.
All Fundamental Data

Premium Nickel Competitive Analysis

The better you understand Premium Nickel competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, Premium Nickel's competitive analysis can cover a whole range of metrics. Some of these will be more critical depending on who you are as an investor and how you react to market volatility. However, if you are locking your investment sandscape to a long-term horizon, comparing the fundamental indicator across Premium Nickel's competition over several years is one of the best ways to analyze its investment potential.
    
 Better Than Average     
    
 Worse Than Peers    View Performance Chart
PNRLF NRRMF ZNCXF NWIFF STSBF MUNMF
 2.86 
 0.34 
Premium
 0.00 
 0.01 
Norra
 20.00 
 0.06 
ZincX
 6.25 
 0 
Nuinsco
 10.26 
 0.43 
South
 8.33 
 0.13 
Mundoro
Market Volatility
(90 Days Market Risk)
Out of control
Very steady
Out of control
Out of control
Out of control
Out of control
Market Performance
(90 Days Performance)
Very Weak
Very Weak
Weak
Insignificant
Very Weak
Very Weak
Odds of Financial Distress
(Probability Of Bankruptcy)
Quite High
Quite High
Quite High
Very High
Below Average
Quite High
Current Valuation
(Equity Enterprise Value)
Fairly Valued
Over Valued
Over Valued
Over Valued
Over Valued
Over Valued
Buy or Sell Advice
(Average Analysts Consensus)
Not Available
Not Available
Not Available
Not Available
Not Available
Not Available
Trade Advice
(90 Days Macroaxis Advice)
Cautious Hold
Hold
Cautious Hold
Cautious Hold
Strong Hold
Strong Hold
Current Ratio
N/A
0.32 X
0.78 X
0.15 X
1.49 X
2.79 X
Net Asset
41.68 M
48.13 K
78.82 M
1.84 M
9.39 M
4.71 M
EBITDA
(3.72 M)
(1.51 M)
(822.34 K)
(2.32 M)
(2.2 M)
(2.09 M)
Current Valuation
N/A
1.99 M
9.37 M
4.26 M
14.01 M
10.32 M
Price To Book
N/A
31.94 X
0.18 X
70.10 X
2.40 X
4.95 X
Beta
N/A
2.48
1.7
4.34
1.5
0.26
Number Of Employees
N/A
11
6
12
12
13
Shares Outstanding
N/A
109.33 M
177.9 M
573.4 M
33.19 M
103.81 M
Cash Flow From Operations
(1.47 M)
(783.54 K)
(823.29 K)
(86.05 K)
(2.33 M)
(1.89 M)
Total Debt
N/A
3.81 K
38.06 K
N/A
2.58 M
60 K
Return On Equity
N/A
-44.82
-0.0098
N/A
-0.46
-0.29
Z Score
N/A
N/A
N/A
-3.3
3.0
N/A
Return On Asset
N/A
-5.2
-0.0059
-0.33
-0.16
-0.12
Book Value Per Share
N/A
(0.01) X
0.42 X
(0) X
0.34 X
0.03 X
Total Asset
41.68 M
48.13 K
78.82 M
1.84 M
9.39 M
4.71 M
Debt To Equity
N/A
0.02 %
N/A
0.47 %
0.29 %
0.02 %
Shares Owned By Institutions
N/A
N/A
1.40 %
N/A
N/A
35.47 %
Market Capitalization
N/A
1.64 M
16.86 M
2.06 M
13.75 M
14.74 M
Price To Earning
N/A
N/A
N/A
N/A
N/A
(3.76) X
Net Income
(4 M)
(1.51 M)
(843.99 K)
(2.32 M)
(2.22 M)
(1.96 M)
Earnings Per Share
N/A
(0.01) X
(0) X
(0) X
(0.03) X
(0.02) X
Shares Owned By Insiders
N/A
20.69 %
27.94 %
3.76 %
11.30 %
0.50 %
Cash And Equivalents
N/A
54.43 K
1.07 M
19.06 K
5.22 M
4.12 M
Cash Per Share
N/A
N/A
0.01 X
N/A
0.22 X
0.04 X
Gross Profit
N/A
N/A
N/A
N/A
(47.44 K)
N/A
Day Typical Price
0.34
0.01
0.06
0.0015
0.43
0.13
Daily Balance Of Power
(9,223,372,036,855)
0.0
9.2 T
(9,223,372,036,855)
9.2 T
9.2 T
Period Momentum Indicator
(0.01)
N/A
0.01
(0.0001)
0.04
0.01
Rate Of Daily Change
0.97
1.0
1.2
0.94
1.1
1.08
Day Median Price
0.34
0.01
0.06
0.0015
0.43
0.13
Price Action Indicator
(0.01)
N/A
0.005
(0.00005)
0.02
0.005
Relative Strength Index
16.3
N/A
22.3
23.09
87.44
61.07
Coefficient Of Variation
(928.14)
N/A
(1,918)
2064.09
(4,040)
(4,936)
Mean Deviation
4.15
N/A
1.01
8.01
2.3
1.43
Jensen Alpha
(0.57)
N/A
(0.13)
1.45
(0.17)
(0.14)
Total Risk Alpha
(1.54)
N/A
(0.72)
(3.00)
(0.79)
(0.57)
Sortino Ratio
N/A
N/A
N/A
0.0313
N/A
N/A
Downside Variance
N/A
N/A
N/A
1474.26
N/A
N/A
Standard Deviation
5.76
N/A
3.38
27.47
4.29
3.14
Kurtosis
4.22
N/A
17.8
32.98
2.99
2.42
Potential Upside
7.55
N/A
N/A
N/A
10.0
7.14
Treynor Ratio
1.23
N/A
0.3761
(1.23)
(0.26)
(0.14)
Maximum Drawdown
34.58
N/A
30.95
247.08
23.61
14.84
Variance
33.18
N/A
11.4
754.45
18.43
9.86
Market Risk Adjusted Performance
1.24
N/A
0.3861
(1.22)
(0.25)
(0.13)
Risk Adjusted Performance
(0.07)
N/A
(0.03)
0.0469
(0.01)
(0.01)
Skewness
1.09
N/A
(0.32)
4.71
(0.06)
0.1004
Semi Deviation
N/A
N/A
N/A
11.89
N/A
N/A
Information Ratio
(0.13)
N/A
(0.09)
0.0437
(0.06)
(0.06)
Value At Risk
(9.76)
N/A
N/A
(11.76)
(9.52)
(6.67)
Expected Short fall
N/A
N/A
N/A
(89.46)
N/A
N/A
Downside Deviation
N/A
N/A
N/A
38.4
N/A
N/A
Semi Variance
N/A
N/A
N/A
141.32
N/A
N/A

Premium Nickel Competition Performance Charts

Five steps to successful analysis of Premium Nickel Competition

Premium Nickel's competitive analysis is the process of researching and evaluating its competitive landscape. It provides an understanding of the strengths, weaknesses, opportunities, and threats (SWOT) faced by Premium Nickel Resources in relation to its competition. Premium Nickel's competition analysis typically involves several steps, including:
  • Identifying the key players in the market: This involves identifying the major competitors of Premium Nickel in the market, both direct and indirect, as well as new entrants and disruptive technologies.
  • Assessing the strengths and weaknesses of each competitor: This involves evaluating each competitor's strengths and weaknesses in areas such as product offerings, market share, brand recognition, financial performance, and distribution channels.
  • Understanding the competitive environment: This involves evaluating the regulatory environment, economic conditions, and other factors that may impact Premium Nickel's competitive landscape.
  • Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to Premium Nickel Resources, and developing a strategy to address them.
  • Evaluating the competitive landscape: This involves understanding the competitive dynamics of the market, such as pricing, marketing, and distribution strategies, as well as analyzing the competitive advantage of each competitor.
Competitive analysis is an essential tool for businesses to stay ahead of the competition and can be used to inform decision-making and strategy development. By understanding the competitive landscape and staying informed about the activities of competitors, a company can make more informed decisions and improve its overall performance.

Complement your Premium Nickel position

In addition to having Premium Nickel in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.

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Wireless
Wireless Theme
Companies providing wireless technology and communication services. The Wireless theme has 42 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Wireless Theme or any other thematic opportunities.
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Other Information on Investing in Premium Pink Sheet

Premium Nickel financial ratios help investors to determine whether Premium Pink Sheet is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Premium with respect to the benefits of owning Premium Nickel security.
Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions
 
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