You can use Premium Income fundamental data analysis to find out if markets are presently mispricing the firm. We were able to interpolate and analyze data for thirty-one available financial ratios for Premium Income, which can be compared to its competitors. The stock experiences a moderate downward daily trend and can be a good diversifier. Check odds of Premium Income to be traded at C$5.92 in 90 days. Key indicators impacting Premium Income's financial strength include:
Please note, the imprecision that can be found in Premium Income's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Premium Income. Check Premium Income's Beneish M Score to see the likelihood of Premium Income's management manipulating its earnings.
Premium Income Stock Summary
Premium Income competes with Sprott Physical, Brompton Split, TDb Split, Prime Dividend, and Life Banc. Premium Income Corporation is an equity mutual fund launched and managed by Strathbridge Asset Management Inc. Premium Income Corporation was formed on August 27, 1996 and is domiciled in Canada. PREMIUM INCOME operates under Asset Management classification in Canada and is traded on Toronto Stock Exchange.
You should never invest in Premium Income without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of Premium Stock, because this is throwing your money away. Analyzing the key information contained in Premium Income's financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.
Premium Income Key Financial Ratios
Premium Income's financial ratios allow both analysts and investors to convert raw data from Premium Income's financial statements into concise, actionable information that can be used to evaluate the performance of Premium Income over time and compare it to other companies across industries.
Comparative valuation techniques use various fundamental indicators to help in determining Premium Income's current stock value. Our valuation model uses many indicators to compare Premium Income value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Premium Income competition to find correlations between indicators driving Premium Income's intrinsic value. More Info.
Premium Income is regarded second in return on equity category among its peers. It is regarded third in return on asset category among its peers reporting about 0.48 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Premium Income is roughly 2.08 . At this time, Premium Income's Return On Equity is comparatively stable compared to the past year. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Premium Income's earnings, one of the primary drivers of an investment's value.
Premium Income Systematic Risk
Premium Income's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Premium Income volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was thirty with a total number of output elements of thirty-one. The Beta measures systematic risk based on how returns on Premium Income correlated with the market. If Beta is less than 0 Premium Income generally moves in the opposite direction as compared to the market. If Premium Income Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Premium Income is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Premium Income is generally in the same direction as the market. If Beta > 1 Premium Income moves generally in the same direction as, but more than the movement of the benchmark.
Premium Income Total Assets Over Time
Today, most investors in Premium Income Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Premium Income's growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of Premium Income growth as a starting point in their analysis.
Along with financial statement analysis, the daily predictive indicators of Premium Income help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Premium Income. We use our internally-developed statistical techniques to arrive at the intrinsic value of Premium Income based on widely used predictive technical indicators. In general, we focus on analyzing Premium Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Premium Income's daily price indicators and compare them against related drivers.
When running Premium Income's price analysis, check to measure Premium Income'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 Premium Income is operating at the current time. Most of Premium Income's value examination focuses on studying past and present price action to predict the probability of Premium Income's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Premium Income's price. Additionally, you may evaluate how the addition of Premium Income to your portfolios can decrease your overall portfolio volatility.