Premium Catering Limited Stock Market Value
| PC Stock | 0.68 0.01 0.75% |
| Symbol | Premium |
Is Restaraunts Hotels Motels 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 Premium Catering. If investors know Premium 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 Premium Catering listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.04) | Revenue Per Share 0.272 | Quarterly Revenue Growth 0.085 |
The market value of Premium Catering is measured differently than its book value, which is the value of Premium that is recorded on the company's balance sheet. Investors also form their own opinion of Premium Catering's value that differs from its market value or its book value, called intrinsic value, which is Premium Catering'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 Premium Catering's market value can be influenced by many factors that don't directly affect Premium Catering'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 Premium Catering's value and its price as these two are different measures arrived at by different means. Investors typically determine if Premium Catering is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Premium Catering'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.
Premium Catering 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Premium Catering's stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Premium Catering.
| 12/30/2024 |
| 01/29/2025 |
If you would invest 0.00 in Premium Catering on December 30, 2024 and sell it all today you would earn a total of 0.00 from holding Premium Catering Limited or generate 0.0% return on investment in Premium Catering over 30 days. Premium Catering is related to or competes with BrightView Holdings, First Advantage, LegalZoom, Target Hospitality, DLH Holdings, and ABM Industries. Panasonic Corporationration produces and sells electronic and electric solutions worldwide. More
Premium Catering Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Premium Catering's stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Premium Catering Limited upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.15) | |||
| Maximum Drawdown | 66.01 | |||
| Value At Risk | (16.47) | |||
| Potential Upside | 15.49 |
Premium Catering Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Premium Catering's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Premium Catering's standard deviation. In reality, there are many statistical measures that can use Premium Catering historical prices to predict the future Premium Catering's volatility.| Risk Adjusted Performance | (0.11) | |||
| Jensen Alpha | (1.91) | |||
| Total Risk Alpha | (2.76) | |||
| Treynor Ratio | (0.57) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Premium Catering's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Premium Catering Backtested Returns
Premium Catering appears to be out of control, given 3 months investment horizon. Premium Catering maintains Sharpe Ratio (i.e., Efficiency) of 0.0344, which implies the firm had a 0.0344 % return per unit of risk over the last 3 months. We have found twenty-two technical indicators for Premium Catering, which you can use to evaluate the volatility of the company. Please evaluate Premium Catering's Risk Adjusted Performance of (0.11), variance of 145.31, and Coefficient Of Variation of (717.55) to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Premium Catering holds a performance score of 2. The company holds a Beta of 2.95, which implies a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Premium Catering will likely underperform. Please check Premium Catering's total risk alpha and the relationship between the skewness and period momentum indicator , to make a quick decision on whether Premium Catering's historical price patterns will revert.
Auto-correlation | 0.55 |
Modest predictability
Premium Catering Limited has modest predictability. Overlapping area represents the amount of predictability between Premium Catering time series from 30th of December 2024 to 14th of January 2025 and 14th of January 2025 to 29th of January 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Premium Catering price movement. The serial correlation of 0.55 indicates that about 55.0% of current Premium Catering price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.55 | |
| Spearman Rank Test | -0.84 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Premium Catering lagged returns against current returns
Autocorrelation, which is Premium Catering stock's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Premium Catering's stock expected returns. We can calculate the autocorrelation of Premium Catering returns to help us make a trade decision. For example, suppose you find that Premium Catering has exhibited high autocorrelation historically, and you observe that the stock is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
Premium Catering regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Premium Catering stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Premium Catering stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Premium Catering stock over time.
Current vs Lagged Prices |
| Timeline |
Premium Catering Lagged Returns
When evaluating Premium Catering's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Premium Catering stock have on its future price. Premium Catering autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Premium Catering autocorrelation shows the relationship between Premium Catering stock current value and its past values and can show if there is a momentum factor associated with investing in Premium Catering Limited.
Regressed Prices |
| Timeline |
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Premium Catering 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.