Primech Holdings Ltd Stock Performance

PMEC Stock   0.72  0.01  1.41%   
Primech Holdings has a performance score of 1 on a scale of 0 to 100. The company holds a Beta of 0.1, which implies not very significant fluctuations relative to the market. As returns on the market increase, Primech Holdings' returns are expected to increase less than the market. However, during the bear market, the loss of holding Primech Holdings is expected to be smaller as well. Primech Holdings right now holds a risk of 6.28%. Please check Primech Holdings jensen alpha, potential upside, accumulation distribution, as well as the relationship between the treynor ratio and expected short fall , to decide if Primech Holdings will be following its historical price patterns.

Risk-Adjusted Performance

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Compared to the overall equity markets, risk-adjusted returns on investments in Primech Holdings Ltd are ranked lower than 1 (%) of all global equities and portfolios over the last 90 days. In spite of rather sound technical and fundamental indicators, Primech Holdings is not utilizing all of its potentials. The recent stock price tumult, may contribute to shorter-term losses for the shareholders. ...more
JavaScript chart by amCharts 3.21.15Dec2025Feb -1001020
JavaScript chart by amCharts 3.21.15Primech Holdings Primech Holdings Dividend Benchmark Dow Jones Industrial
Begin Period Cash Flow9.1 M
  

Primech Holdings Relative Risk vs. Return Landscape

If you would invest  76.00  in Primech Holdings Ltd on November 22, 2024 and sell it today you would lose (4.00) from holding Primech Holdings Ltd or give up 5.26% of portfolio value over 90 days. Primech Holdings Ltd is currently generating 0.098% in daily expected returns and assumes 6.2756% risk (volatility on return distribution) over the 90 days horizon. In different words, 55% of stocks are less volatile than Primech, and 99% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon.
  Expected Return   
JavaScript chart by amCharts 3.21.15CashMarketPMEC 01234567 0.000.020.040.060.080.10
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Given the investment horizon of 90 days Primech Holdings is expected to generate 8.81 times more return on investment than the market. However, the company is 8.81 times more volatile than its market benchmark. It trades about 0.02 of its potential returns per unit of risk. The Dow Jones Industrial is currently generating roughly 0.0 per unit of risk.

Primech Holdings Market Risk Analysis

Today, many novice investors tend to focus exclusively on investment returns with little concern for Primech Holdings' investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Primech Holdings Ltd, and traders can use it to determine the average amount a Primech Holdings' 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 = 0.0156

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Estimated Market Risk

 6.28
  actual daily
55
55% of assets are less volatile

Expected Return

 0.1
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99% of assets have higher returns

Risk-Adjusted Return

 0.02
  actual daily
1
99% of assets perform better
Based on monthly moving average Primech Holdings is performing at about 1% of its full potential. 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 Primech Holdings by adding it to a well-diversified portfolio.

Primech Holdings Fundamentals Growth

Primech Stock prices reflect investors' perceptions of the future prospects and financial health of Primech Holdings, and Primech Holdings 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 Primech Stock performance.

About Primech Holdings Performance

By analyzing Primech Holdings' fundamental ratios, stakeholders can gain valuable insights into Primech Holdings' financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Primech Holdings has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if Primech Holdings has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.

Things to note about Primech Holdings performance evaluation

Checking the ongoing alerts about Primech Holdings for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Primech Holdings help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
Primech Holdings had very high historical volatility over the last 90 days
Primech Holdings has some characteristics of a very speculative penny stock
Primech Holdings has high likelihood to experience some financial distress in the next 2 years
The company reported the previous year's revenue of 72.52 M. Net Loss for the year was (3.24 M) with profit before overhead, payroll, taxes, and interest of 10.01 M.
Primech Holdings generates negative cash flow from operations
Primech Holdings has a poor financial position based on the latest SEC disclosures
About 82.0% of the company outstanding shares are owned by corporate insiders
Evaluating Primech Holdings' performance can involve analyzing a variety of financial metrics and factors. Some of the key considerations to evaluate Primech Holdings' stock performance include:
  • Analyzing Primech Holdings' 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 Primech Holdings' stock is overvalued or undervalued compared to its peers.
  • Examining Primech Holdings' 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 Primech Holdings' management team can have a significant impact on its success or failure. Reviewing the track record and experience of Primech Holdings' management team can help you assess the Company's leadership.
  • Pay attention to analyst opinions and ratings of Primech Holdings' stock. These opinions can provide insight into Primech Holdings' potential for growth and whether the stock is currently undervalued or overvalued.
It's essential to remember that evaluating Primech Holdings' stock performance is not an exact science, and many factors can impact Primech Holdings' stock market price. Therefore, it's also important to diversify your portfolio and not rely solely on one company or stock for your investments.

Complementary Tools for Primech Stock analysis

When running Primech Holdings' price analysis, check to measure Primech Holdings' 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 Primech Holdings is operating at the current time. Most of Primech Holdings' value examination focuses on studying past and present price action to predict the probability of Primech Holdings' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Primech Holdings' price. Additionally, you may evaluate how the addition of Primech Holdings to your portfolios can decrease your overall portfolio volatility.
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