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
Weak
Weak | Strong |
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
Begin Period Cash Flow | 9.1 M |
Primech |
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 |
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 actual daily | 1 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.
Return On Equity | -0.27 | ||||
Return On Asset | -0.0746 | ||||
Profit Margin | (0.04) % | ||||
Operating Margin | (0.15) % | ||||
Current Valuation | 41.19 M | ||||
Shares Outstanding | 38.13 M | ||||
Price To Book | 1.87 X | ||||
Price To Sales | 0.37 X | ||||
Revenue | 72.52 M | ||||
EBITDA | 1.3 M | ||||
Total Debt | 20.79 M | ||||
Book Value Per Share | 0.42 X | ||||
Cash Flow From Operations | (9.08 M) | ||||
Earnings Per Share | (0.10) X | ||||
Total Asset | 45.51 M | ||||
Retained Earnings | (9.05 M) | ||||
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 |
- 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.
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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