US Stocks Mixed Economy Grows By 2.8 percent In Q3
| PGHL Stock | 1.65 105.71 98.46% |
About 60% of Primega Group's investor base is looking to short. The current sentiment of investing in Primega Group Holdings suggests that many traders are alarmed. Primega Group's investing sentiment shows overall attitude of investors towards Primega Group Holdings.
Primega |
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Primega Group Fundamental Analysis
We analyze Primega Group's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Primega Group using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Primega Group based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Total Asset
Total Asset Comparative Analysis
Primega Group is currently under evaluation in total asset category among its peers. Total Asset is everything that a business owns. It is the sum of current and long-term assets owned by a firm at a given time. These assets are listed on a balance sheet and typically valued based on their purchasing prices, not the current market value.
Primega Group Holdings Potential Pair-trading
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 Primega Group stock to make a market-neutral strategy. Peer analysis of Primega Group could also be used in its relative valuation, which is a method of valuing Primega Group by comparing valuation metrics with similar companies.
Peers
Primega Group Related Equities
| NNAVW | NextNav Warrant | 3.61 | ||||
| JBL | Jabil Circuit | 0.46 | ||||
| KNDI | Kandi Technologies | 0.79 | ||||
| MIND | Mind Technology | 1.28 | ||||
| PINS | 2.19 | |||||
| NXPL | Nextplat Corp | 6.59 |
Check out Primega Group Hype Analysis, Primega Group Correlation and Primega Group Performance. You can also try the ETF Categories module to list of ETF categories grouped based on various criteria, such as the investment strategy or type of investments.
Is Marine Transportation 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 Primega Group. If investors know Primega 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 Primega Group listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Primega Group Holdings is measured differently than its book value, which is the value of Primega that is recorded on the company's balance sheet. Investors also form their own opinion of Primega Group's value that differs from its market value or its book value, called intrinsic value, which is Primega Group's 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 Primega Group's market value can be influenced by many factors that don't directly affect Primega Group's 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 Primega Group's value and its price as these two are different measures arrived at by different means. Investors typically determine if Primega Group is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Primega Group's 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.