Prima Marine (Thailand) Price on June 14, 2024
| PRM Stock | THB 8.55 0.35 3.93% |
If you're considering investing in Prima Stock, it is important to understand the factors that can impact its price. As of today, the current price of Prima Marine stands at 8.55, as last reported on the 26th of November, with the highest price reaching 8.90 and the lowest price hitting 8.50 during the day. Prima Marine appears to be not too volatile, given 3 months investment horizon. Prima Marine Public maintains Sharpe Ratio (i.e., Efficiency) of 0.13, which implies the firm had a 0.13% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Prima Marine Public, which you can use to evaluate the volatility of the company. Please evaluate Prima Marine's Semi Deviation of 1.48, coefficient of variation of 662.81, and Risk Adjusted Performance of 0.1204 to confirm if our risk estimates are consistent with your expectations.
Prima Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Prima |
Sharpe Ratio = 0.1334
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Estimated Market Risk
| 1.58 actual daily | 14 86% of assets are more volatile |
Expected Return
| 0.21 actual daily | 4 96% of assets have higher returns |
Risk-Adjusted Return
| 0.13 actual daily | 10 90% of assets perform better |
Based on monthly moving average Prima Marine is performing at about 10% of its full potential. 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 Prima Marine by adding it to a well-diversified portfolio.
Prima Marine Valuation on June 14, 2024
It is possible to determine the worth of Prima Marine on a given historical date. On June 14, 2024 Prima was worth 7.82 at the beginning of the trading date compared to the closed value of 7.97. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Prima Marine stock. Still, in general, we apply an absolute valuation method to find Prima Marine's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Prima Marine where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Prima Marine's related companies.
| Open | High | Low | Close | Volume | |
| 7.97 | 7.97 | 7.72 | 7.82 | 13,099,000 | |
06/14/2024 | 7.82 | 8.02 | 7.82 | 7.97 | 9,793,604 |
| 7.92 | 7.97 | 7.68 | 7.82 | 7,046,577 |
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Prima Marine Trading Date Momentum on June 14, 2024
| On June 17 2024 Prima Marine Public was traded for 7.82 at the closing time. The maximum traded price for the trading interval was 7.97 and the lowest daily price was 7.68 . The daily volume was recorded at 7 M. The volume of trading on 17th of June 2024 played a part in the next trading day price drop. The trading delta at closing time to the next closing price was 1.88% . The trading delta at closing time to the closing price today is 0.63% . |
Prima Marine Public Fundamentals Correlations and Trends
By evaluating Prima Marine's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Prima Marine's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Prima financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Prima Marine Stock history
Prima Marine investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Prima is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Prima Marine Public will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Prima Marine stock prices may prove useful in developing a viable investing in Prima Marine
Prima Marine Public Company Limited engages in the marine transportation of petroleum products and accommodation work barges in Thailand and Singapore. Prima Marine Public Company Limited is a subsidiary of Nathalin Co., Ltd. PRIMA MARINE operates under Oil Gas Midstream classification in Thailand and is traded on Stock Exchange of Thailand.
Prima Marine Stock Technical Analysis
Prima Marine technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
Price Boundaries
Prima Marine Period Price Range
Low | November 26, 2024
| High |
0.00 | 0.00 |
Prima Marine Public cannot be verified against its exchange. Please verify the symbol is currently traded on Thailand Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
Prima Marine November 26, 2024 Market Strength
Market strength indicators help investors to evaluate how Prima Marine stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Prima Marine shares will generate the highest return on investment. By undertsting and applying Prima Marine stock market strength indicators, traders can identify Prima Marine Public entry and exit signals to maximize returns
Prima Marine Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Prima Marine's price direction in advance. Along with the technical and fundamental analysis of Prima Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Prima to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | 0.1204 | |||
| Jensen Alpha | 0.159 | |||
| Total Risk Alpha | (0.02) | |||
| Sortino Ratio | 0.0589 | |||
| Treynor Ratio | 0.4012 |
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Other Information on Investing in Prima Stock
Prima Marine financial ratios help investors to determine whether Prima Stock 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 Prima with respect to the benefits of owning Prima Marine security.