Prime Energy (Israel) Performance
| PRIM Stock | ILA 676.00 23.50 3.60% |
Prime Energy holds a performance score of 14 on a scale of zero to a hundred. The company holds a Beta of 0.43, which implies possible diversification benefits within a given portfolio. As returns on the market increase, Prime Energy's returns are expected to increase less than the market. However, during the bear market, the loss of holding Prime Energy is expected to be smaller as well. Use Prime Energy coefficient of variation, jensen alpha, sortino ratio, as well as the relationship between the standard deviation and total risk alpha , to analyze future returns on Prime Energy.
Risk-Adjusted Performance
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Compared to the overall equity markets, risk-adjusted returns on investments in Prime Energy PE are ranked lower than 14 (%) of all global equities and portfolios over the last 90 days. Despite somewhat weak basic indicators, Prime Energy sustained solid returns over the last few months and may actually be approaching a breakup point. ...more
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Prime Energy Relative Risk vs. Return Landscape
If you would invest 44,120 in Prime Energy PE on August 29, 2024 and sell it today you would earn a total of 23,480 from holding Prime Energy PE or generate 53.22% return on investment over 90 days. Prime Energy PE is generating 1.1083% of daily returns and assumes 6.2123% volatility on return distribution over the 90 days horizon. Simply put, 55% of stocks are less volatile than Prime, and 78% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
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Prime Energy Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Prime Energy's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Prime Energy PE, and traders can use it to determine the average amount a Prime Energy'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 = 0.1784
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Estimated Market Risk
| 6.21 actual daily | 55 55% of assets are less volatile |
Expected Return
| 1.11 actual daily | 22 78% of assets have higher returns |
Risk-Adjusted Return
| 0.18 actual daily | 14 86% of assets perform better |
Based on monthly moving average Prime Energy is performing at about 14% 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 Prime Energy by adding it to a well-diversified portfolio.
Prime Energy Fundamentals Growth
Prime Stock prices reflect investors' perceptions of the future prospects and financial health of Prime Energy, and Prime Energy 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 Prime Stock performance.
| Return On Equity | -0.25 | |||
| Return On Asset | -0.028 | |||
| Profit Margin | (2.69) % | |||
| Operating Margin | (1.70) % | |||
| Current Valuation | 248.22 M | |||
| Shares Outstanding | 29.52 M | |||
| Price To Book | 1.41 X | |||
| Price To Sales | 16.41 X | |||
| Revenue | 6.39 M | |||
| EBITDA | (5.44 M) | |||
| Cash And Equivalents | 4.35 M | |||
| Cash Per Share | 0.15 X | |||
| Total Debt | 81.35 M | |||
| Debt To Equity | 8.42 % | |||
| Book Value Per Share | 2.31 X | |||
| Cash Flow From Operations | 539 K | |||
| Earnings Per Share | (0.52) X | |||
About Prime Energy Performance
By analyzing Prime Energy's fundamental ratios, stakeholders can gain valuable insights into Prime Energy's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Prime Energy 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 Prime Energy has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
Ltd engages in the renewable energy business in Israel and internationally. The company was founded in 2013 and is based in Tel Aviv, Israel. PRIME ENERGY operates under UtilitiesRenewable classification in Israel and is traded on Tel Aviv Stock Exchange. It employs 8 people.Things to note about Prime Energy PE performance evaluation
Checking the ongoing alerts about Prime Energy for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Prime Energy PE help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Prime Energy PE is way too risky over 90 days horizon | |
| Prime Energy PE appears to be risky and price may revert if volatility continues | |
| Prime Energy PE has accumulated 81.35 M in total debt with debt to equity ratio (D/E) of 8.42, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Prime Energy PE has a current ratio of 0.28, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist Prime Energy until it has trouble settling it off, either with new capital or with free cash flow. So, Prime Energy'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 Prime Energy PE sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Prime to invest in growth at high rates of return. When we think about Prime Energy's use of debt, we should always consider it together with cash and equity. | |
| The entity reported the revenue of 6.39 M. Net Loss for the year was (6.18 M) with profit before overhead, payroll, taxes, and interest of 5.32 M. | |
| About 77.0% of Prime Energy outstanding shares are owned by corporate insiders |
- Analyzing Prime Energy'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 Prime Energy's stock is overvalued or undervalued compared to its peers.
- Examining Prime Energy'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 Prime Energy's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Prime Energy's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Prime Energy's stock. These opinions can provide insight into Prime Energy's potential for growth and whether the stock is currently undervalued or overvalued.
Complementary Tools for Prime Stock analysis
When running Prime Energy's price analysis, check to measure Prime Energy'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 Energy is operating at the current time. Most of Prime Energy's value examination focuses on studying past and present price action to predict the probability of Prime Energy'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 Energy's price. Additionally, you may evaluate how the addition of Prime Energy to your portfolios can decrease your overall portfolio volatility.
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