Prim SA (Spain) Price on May 27, 2024

PRM Stock  EUR 10.00  0.05  0.50%   
If you're considering investing in Prim Stock, it is important to understand the factors that can impact its price. As of today, the current price of Prim SA stands at 10.00, as last reported on the 2nd of December, with the highest price reaching 10.20 and the lowest price hitting 9.94 during the day. Prim SA 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. Prim SA exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Prim SA's Variance of 0.8205, risk adjusted performance of (0.11), and Coefficient Of Variation of (716.34) to confirm the risk estimate we provide.
  
Prim Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.1254

Best PortfolioBest Equity
Good Returns
Average Returns
Small Returns
CashSmall RiskAverage RiskHigh RiskHuge Risk
Negative ReturnsPRM

Estimated Market Risk

 0.91
  actual daily
8
92% of assets are more volatile

Expected Return

 -0.11
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.13
  actual daily
0
Most of other assets perform better
Based on monthly moving average Prim SA 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 Prim SA by adding Prim SA to a well-diversified portfolio.

Prim SA Valuation on May 27, 2024

It is possible to determine the worth of Prim SA on a given historical date. On May 27, 2024 Prim was worth 10.03 at the beginning of the trading date compared to the closed value of 10.13. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Prim SA stock. Still, in general, we apply an absolute valuation method to find Prim SA'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 Prim SA where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Prim SA's related companies.
 Open High Low Close Volume
  9.94    9.98    9.94    9.98    3,115  
05/27/2024
  10.03    10.13    9.94    10.13    3,696  
  9.94    10.03    9.94    9.98    2,626  
Backtest Prim SA  |  Prim SA History  |  Prim SA Valuation   PreviousNext  
Open Value
10.03
10.13
Closing Value
12.76
Upside

Prim SA Trading Date Momentum on May 27, 2024

On May 28 2024 Prim SA was traded for  9.98  at the closing time. The maximum traded price for the trading interval was 10.03  and the lowest daily price was  9.94 . The daily volume was recorded at 2.6 K. The volume of trading on 28th of May 2024 played a part in the next trading day price drop. The trading delta at closing time to the next closing price was 1.48% . The trading delta at closing time to the closing price today is 1.48% .

Prim SA Fundamentals Correlations and Trends

By evaluating Prim SA'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 Prim SA's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Prim financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Prim SA Stock history

Prim SA 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 Prim is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Prim SA 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 Prim SA stock prices may prove useful in developing a viable investing in Prim SA
Prim, S.A., together with its subsidiaries, designs, manufactures, commercializes, installs, and maintains hospital and orthopaedic supplies and materials for physiotherapy, thalassotherapy, thermal therapy, rehabilitation, and geriatrics, as well as daily living aids in Spain and internationally. Prim, S.A. was founded in 1870 and is headquartered in Mstoles, Spain. PRIM S operates under Medical Instruments Supplies classification in Spain and is traded on Madrid SE C.A.T.S.. It employs 563 people.

Prim SA Stock Technical Analysis

Prim SA 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.
A focus of Prim SA technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Prim SA trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Prim SA Period Price Range

Low
December 2, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

Prim SA cannot be verified against its exchange. Please verify the symbol is currently traded on Madrid 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.

Prim SA December 2, 2024 Market Strength

Market strength indicators help investors to evaluate how Prim SA stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Prim SA shares will generate the highest return on investment. By undertsting and applying Prim SA stock market strength indicators, traders can identify Prim SA entry and exit signals to maximize returns

Prim SA Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Prim SA's price direction in advance. Along with the technical and fundamental analysis of Prim Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Prim 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.

Complementary Tools for Prim Stock analysis

When running Prim SA's price analysis, check to measure Prim SA'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 Prim SA is operating at the current time. Most of Prim SA's value examination focuses on studying past and present price action to predict the probability of Prim SA's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Prim SA's price. Additionally, you may evaluate how the addition of Prim SA to your portfolios can decrease your overall portfolio volatility.
Price Ceiling Movement
Calculate and plot Price Ceiling Movement for different equity instruments
USA ETFs
Find actively traded Exchange Traded Funds (ETF) in USA
Pattern Recognition
Use different Pattern Recognition models to time the market across multiple global exchanges
Piotroski F Score
Get Piotroski F Score based on the binary analysis strategy of nine different fundamentals
Watchlist Optimization
Optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm
Insider Screener
Find insiders across different sectors to evaluate their impact on performance
Portfolio Analyzer
Portfolio analysis module that provides access to portfolio diagnostics and optimization engine
Options Analysis
Analyze and evaluate options and option chains as a potential hedge for your portfolios
Sign In To Macroaxis
Sign in to explore Macroaxis' wealth optimization platform and fintech modules