Primech Holdings Stock Forecast - Variance
| PMEC Stock | 0.77 0.04 5.48% |
Primech Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Primech Holdings stock prices and determine the direction of Primech Holdings Ltd's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Primech Holdings' historical fundamentals, such as revenue growth or operating cash flow patterns.
Primech |
| Previous Variance | Variance | Trend |
| 0 | 0 |
| Check Primech Holdings Volatility | Backtest Primech Holdings | Information Ratio |
Primech Holdings Trading Date Momentum
| On November 26 2024 Primech Holdings Ltd was traded for 0.77 at the closing time. The top price for the day was 0.77 and the lowest listed price was 0.66 . The trading volume for the day was 16.2 K. The trading history from November 26, 2024 did not cause price change. The trading delta at closing time against the current closing price is 14.29% . |
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Other Forecasting Options for Primech Holdings
For every potential investor in Primech, whether a beginner or expert, Primech Holdings' price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Primech Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Primech. Basic forecasting techniques help filter out the noise by identifying Primech Holdings' price trends.Primech Holdings Related Equities
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Primech Holdings stock to make a market-neutral strategy. Peer analysis of Primech Holdings could also be used in its relative valuation, which is a method of valuing Primech Holdings by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Primech Holdings Technical and Predictive Analytics
The stock market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of Primech Holdings' price movements, a comprehensive understanding of forecasting methods that an investor can rely on to make the right move is invaluable. These methods predict trends that assist an investor in predicting the movement of Primech Holdings' current price.| Cycle Indicators | ||
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| Volume Indicators |
Primech Holdings Market Strength Events
Market strength indicators help investors to evaluate how Primech Holdings stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Primech Holdings shares will generate the highest return on investment. By undertsting and applying Primech Holdings stock market strength indicators, traders can identify Primech Holdings Ltd entry and exit signals to maximize returns.
| Accumulation Distribution | 2308.57 | |||
| Daily Balance Of Power | 0.3636 | |||
| Rate Of Daily Change | 1.05 | |||
| Day Median Price | 0.72 | |||
| Day Typical Price | 0.73 | |||
| Price Action Indicator | 0.075 | |||
| Period Momentum Indicator | 0.04 |
Primech Holdings Risk Indicators
The analysis of Primech Holdings' basic risk indicators is one of the essential steps in accurately forecasting its future price. The process involves identifying the amount of risk involved in Primech Holdings' investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting primech stock prices, we also provide a set of basic risk indicators that can assist in the individual investment decision or help in hedging the risk of your existing portfolios.
| Mean Deviation | 4.26 | |||
| Semi Deviation | 5.12 | |||
| Standard Deviation | 6.42 | |||
| Variance | 41.23 | |||
| Downside Variance | 39.81 | |||
| Semi Variance | 26.18 | |||
| Expected Short fall | (5.19) |
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential investments, we recommend comparing similar equities with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.
Also Currently Popular
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.When determining whether Primech Holdings offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Primech Holdings' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Primech Holdings Ltd Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Primech Holdings Ltd Stock:Check out Historical Fundamental Analysis of Primech Holdings to cross-verify your projections. You can also try the Money Flow Index module to determine momentum by analyzing Money Flow Index and other technical indicators.
Is Commercial Services & Supplies space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Primech Holdings. If investors know Primech will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Primech Holdings listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.10) | Revenue Per Share 2.138 | Quarterly Revenue Growth 0.028 | Return On Assets (0.07) | Return On Equity (0.27) |
The market value of Primech Holdings is measured differently than its book value, which is the value of Primech that is recorded on the company's balance sheet. Investors also form their own opinion of Primech Holdings' value that differs from its market value or its book value, called intrinsic value, which is Primech Holdings' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Primech Holdings' market value can be influenced by many factors that don't directly affect Primech Holdings' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Primech Holdings' value and its price as these two are different measures arrived at by different means. Investors typically determine if Primech Holdings is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Primech Holdings' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.