Prime Media (Philippines) Market Value
| PRIM Stock | 1.93 0.01 0.52% |
| Symbol | Prime |
Prime Media '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 Prime Media'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 Prime Media.
| 05/27/2024 |
| 11/23/2024 |
If you would invest 0.00 in Prime Media on May 27, 2024 and sell it all today you would earn a total of 0.00 from holding Prime Media Holdings or generate 0.0% return on investment in Prime Media over 180 days. Prime Media is related to or competes with Allhome Corp, Atlas Consolidated, Top Frontier, Semirara Mining, Integrated Micro, Robinsons Retail, and Philippine Savings. More
Prime Media 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 Prime Media'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 Prime Media Holdings upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.16) | |||
| Maximum Drawdown | 18.91 | |||
| Value At Risk | (5.29) | |||
| Potential Upside | 4.37 |
Prime Media Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Prime Media's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Prime Media's standard deviation. In reality, there are many statistical measures that can use Prime Media historical prices to predict the future Prime Media's volatility.| Risk Adjusted Performance | (0.08) | |||
| Jensen Alpha | (0.42) | |||
| Total Risk Alpha | (0.88) | |||
| Treynor Ratio | (1.38) |
Prime Media Holdings Backtested Returns
Prime Media Holdings maintains Sharpe Ratio (i.e., Efficiency) of -0.12, which implies the firm had a -0.12% return per unit of risk over the last 3 months. Prime Media Holdings exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Prime Media's Variance of 10.14, coefficient of variation of (856.37), and Risk Adjusted Performance of (0.08) to confirm the risk estimate we provide. The company holds a Beta of 0.28, which implies not very significant fluctuations relative to the market. As returns on the market increase, Prime Media's returns are expected to increase less than the market. However, during the bear market, the loss of holding Prime Media is expected to be smaller as well. At this point, Prime Media Holdings has a negative expected return of -0.38%. Please make sure to check Prime Media's jensen alpha, treynor ratio, value at risk, as well as the relationship between the total risk alpha and maximum drawdown , to decide if Prime Media Holdings performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.06 |
Virtually no predictability
Prime Media Holdings has virtually no predictability. Overlapping area represents the amount of predictability between Prime Media time series from 27th of May 2024 to 25th of August 2024 and 25th of August 2024 to 23rd 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 Prime Media Holdings price movement. The serial correlation of 0.06 indicates that barely 6.0% of current Prime Media price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.06 | |
| Spearman Rank Test | 0.03 | |
| Residual Average | 0.0 | |
| Price Variance | 0.04 |
Prime Media Holdings lagged returns against current returns
Autocorrelation, which is Prime Media 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 Prime Media's stock expected returns. We can calculate the autocorrelation of Prime Media returns to help us make a trade decision. For example, suppose you find that Prime Media 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 |
Prime Media 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 Prime Media stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Prime Media stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Prime Media stock over time.
Current vs Lagged Prices |
| Timeline |
Prime Media Lagged Returns
When evaluating Prime Media's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Prime Media stock have on its future price. Prime Media 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, Prime Media autocorrelation shows the relationship between Prime Media stock current value and its past values and can show if there is a momentum factor associated with investing in Prime Media Holdings.
Regressed Prices |
| Timeline |
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When running Prime Media's price analysis, check to measure Prime Media'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 Prime Media is operating at the current time. Most of Prime Media's value examination focuses on studying past and present price action to predict the probability of Prime Media's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Prime Media's price. Additionally, you may evaluate how the addition of Prime Media to your portfolios can decrease your overall portfolio volatility.