Premier Foods (UK) Market Value
| PFD Stock | 195.60 3.60 1.87% |
| Symbol | Premier |
Premier Foods '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 Premier Foods' 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 Premier Foods.
| 10/30/2024 |
| 11/29/2024 |
If you would invest 0.00 in Premier Foods on October 30, 2024 and sell it all today you would earn a total of 0.00 from holding Premier Foods PLC or generate 0.0% return on investment in Premier Foods over 30 days. Premier Foods is related to or competes with One Media, Flutter Entertainment, Catalyst Media, Prosiebensat, Everyman Media, Accsys Technologies, and Liberty Media. Premier Foods is entity of United Kingdom More
Premier Foods 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 Premier Foods' 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 Premier Foods PLC upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.42 | |||
| Information Ratio | 0.0114 | |||
| Maximum Drawdown | 8.01 | |||
| Value At Risk | (2.00) | |||
| Potential Upside | 1.74 |
Premier Foods Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Premier Foods' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Premier Foods' standard deviation. In reality, there are many statistical measures that can use Premier Foods historical prices to predict the future Premier Foods' volatility.| Risk Adjusted Performance | 0.0931 | |||
| Jensen Alpha | 0.1222 | |||
| Total Risk Alpha | (0.05) | |||
| Sortino Ratio | 0.0095 | |||
| Treynor Ratio | 2.21 |
Premier Foods PLC Backtested Returns
At this point, Premier Foods is very steady. Premier Foods PLC maintains Sharpe Ratio (i.e., Efficiency) of 0.0983, which implies the firm had a 0.0983% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Premier Foods PLC, which you can use to evaluate the volatility of the company. Please check Premier Foods' Risk Adjusted Performance of 0.0931, semi deviation of 1.17, and Coefficient Of Variation of 856.19 to confirm if the risk estimate we provide is consistent with the expected return of 0.12%. Premier Foods has a performance score of 7 on a scale of 0 to 100. The company holds a Beta of 0.0584, which implies not very significant fluctuations relative to the market. As returns on the market increase, Premier Foods' returns are expected to increase less than the market. However, during the bear market, the loss of holding Premier Foods is expected to be smaller as well. Premier Foods PLC right now holds a risk of 1.19%. Please check Premier Foods PLC coefficient of variation, sortino ratio, potential upside, as well as the relationship between the jensen alpha and maximum drawdown , to decide if Premier Foods PLC will be following its historical price patterns.
Auto-correlation | 0.09 |
Virtually no predictability
Premier Foods PLC has virtually no predictability. Overlapping area represents the amount of predictability between Premier Foods time series from 30th of October 2024 to 14th of November 2024 and 14th of November 2024 to 29th of November 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Premier Foods PLC price movement. The serial correlation of 0.09 indicates that less than 9.0% of current Premier Foods price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.09 | |
| Spearman Rank Test | 0.31 | |
| Residual Average | 0.0 | |
| Price Variance | 20.72 |
Premier Foods PLC lagged returns against current returns
Autocorrelation, which is Premier Foods 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 Premier Foods' stock expected returns. We can calculate the autocorrelation of Premier Foods returns to help us make a trade decision. For example, suppose you find that Premier Foods 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 |
Premier Foods 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 Premier Foods stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Premier Foods stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Premier Foods stock over time.
Current vs Lagged Prices |
| Timeline |
Premier Foods Lagged Returns
When evaluating Premier Foods' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Premier Foods stock have on its future price. Premier Foods 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, Premier Foods autocorrelation shows the relationship between Premier Foods stock current value and its past values and can show if there is a momentum factor associated with investing in Premier Foods PLC.
Regressed Prices |
| Timeline |
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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.Other Information on Investing in Premier Stock
Premier Foods financial ratios help investors to determine whether Premier 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 Premier with respect to the benefits of owning Premier Foods security.