Priority Aviation Stock Performance
The company holds a Beta of 0.0, which implies not very significant fluctuations relative to the market. the returns on MARKET and Priority Aviation are completely uncorrelated.
Risk-Adjusted Performance
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Over the last 90 days Priority Aviation has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of comparatively stable technical and fundamental indicators, Priority Aviation is not utilizing all of its potentials. The newest stock price uproar, may contribute to short-horizon losses for the private investors. ...more
| Discontinued Operations | 298.4 K |
Priority |
Priority Aviation Relative Risk vs. Return Landscape
If you would invest 0.00 in Priority Aviation on August 30, 2024 and sell it today you would earn a total of 0.00 from holding Priority Aviation or generate 0.0% return on investment over 90 days. Priority Aviation is currently does not generate positive expected returns and assumes 0.0% risk (volatility on return distribution) over the 90 days horizon. In different words, 0% of pink sheets are less volatile than Priority, and 99% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
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Priority Aviation Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Priority Aviation's investment risk. Standard deviation is the most common way to measure market volatility of pink sheets, such as Priority Aviation, and traders can use it to determine the average amount a Priority Aviation's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.0
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Based on monthly moving average Priority Aviation 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 Priority Aviation by adding Priority Aviation to a well-diversified portfolio.
Priority Aviation Fundamentals Growth
Priority Pink Sheet prices reflect investors' perceptions of the future prospects and financial health of Priority Aviation, and Priority Aviation fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Priority Pink Sheet performance.
| Current Valuation | 4.57 M | |||
| Shares Outstanding | 4.99 M | |||
| Price To Sales | 0.68 X | |||
| Revenue | 5.59 M | |||
| Cash And Equivalents | 63.76 K | |||
| Cash Per Share | 0.01 X | |||
| Total Debt | 4.14 M | |||
| Cash Flow From Operations | 64.26 K | |||
| Total Asset | 526.03 K | |||
| Retained Earnings | (3.73 M) | |||
| Current Asset | 549 K | |||
| Current Liabilities | 18.45 M | |||
About Priority Aviation Performance
Assessing Priority Aviation's fundamental ratios provides investors with valuable insights into Priority Aviation's financial health and overall profitability. This information is crucial for making informed investment decisions. A high ROA would indicate that the Priority Aviation is effectively leveraging its assets and equity to generate significant profits, making it an appealing investment. Conversely, low Return on Assets could signal underlying management issues in assets and equity, indicating a necessity for operational refinements. Please also refer to our technical analysis and fundamental analysis pages.
Priority One Jets, Inc. operates as a full service aviation company that provides on demand air charter, jet charter membership cards, and aircraft sales for business aviation, leisure, and government travel. The company is based in New York, New York with additional locations in the Americas, Europe, and Asia. Priority Aviation operates under Drug ManufacturersSpecialty Generic classification in the United States and is traded on OTC Exchange.Things to note about Priority Aviation performance evaluation
Checking the ongoing alerts about Priority Aviation for important developments is a great way to find new opportunities for your next move. Pink Sheet alerts and notifications screener for Priority Aviation help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Priority Aviation generated a negative expected return over the last 90 days | |
| Priority Aviation has some characteristics of a very speculative penny stock | |
| Priority Aviation has high likelihood to experience some financial distress in the next 2 years | |
| Priority Aviation currently holds 4.14 M in liabilities. Priority Aviation has a current ratio of 0.01, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Debt can assist Priority Aviation until it has trouble settling it off, either with new capital or with free cash flow. So, Priority Aviation's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Priority Aviation sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Priority to invest in growth at high rates of return. When we think about Priority Aviation's use of debt, we should always consider it together with cash and equity. |
- Analyzing Priority Aviation's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Priority Aviation's stock is overvalued or undervalued compared to its peers.
- Examining Priority Aviation's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Priority Aviation's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Priority Aviation's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Priority Aviation's pink sheet. These opinions can provide insight into Priority Aviation's potential for growth and whether the stock is currently undervalued or overvalued.
Additional Tools for Priority Pink Sheet Analysis
When running Priority Aviation's price analysis, check to measure Priority Aviation'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 Priority Aviation is operating at the current time. Most of Priority Aviation's value examination focuses on studying past and present price action to predict the probability of Priority Aviation's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Priority Aviation's price. Additionally, you may evaluate how the addition of Priority Aviation to your portfolios can decrease your overall portfolio volatility.