Premier Products Current Valuation vs. Current Liabilities
PMPG Stock | USD 0.0001 0.00 0.00% |
For Premier Products profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Premier Products to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Premier Products Group utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Premier Products's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Premier Products Group over time as well as its relative position and ranking within its peers.
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Premier Products Current Liabilities vs. Current Valuation Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Premier Products's current stock value. Our valuation model uses many indicators to compare Premier Products value to that of its competitors to determine the firm's financial worth. Premier Products Group is regarded second in current valuation category among its peers. It also is regarded second in current liabilities category among its peers creating about 1.69 of Current Liabilities per Current Valuation. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Premier Products' earnings, one of the primary drivers of an investment's value.Premier Current Valuation vs. Competition
Premier Products Group is regarded second in current valuation category among its peers. After adjusting for long-term liabilities, total market size of Shell Companies industry is at this time estimated at about 78.2 Million. Premier Products maintains roughly 649,766 in current valuation contributing less than 1% to equities listed under Shell Companies industry.
Premier Current Liabilities vs. Current Valuation
Enterprise Value is a firm valuation proxy that approximates the current market value of a company. It is typically used to determine the takeover or merger price of a firm. Unlike Market Cap, this measure takes into account the entire liquid asset, outstanding debt, and exotic equity instruments that the company has on its balance sheet. When a takeover occurs, the parent company will have to assume the target company's liabilities but will take possession of all cash and cash equivalents.
Premier Products |
| = | 649.77 K |
Enterprise Value can be a useful tool to compare companies with different capital structures. Long term liability and current cash or cash equivalents can have a huge impact on market valuation of a given company.
Current Liabilities is the company's short term debt. This usually includes obligations that are due within the next 12 months or within one fiscal year. Current liabilities are very important in analyzing a company's financial health as it requires the company to convert some of its current assets into cash.
Premier Products |
| = | 1.1 M |
Current liabilities appear on the company's balance sheet and include all short term debt accounts, accounts and notes payable, accrued liabilities as well as current payments due on the long-term loans. One of the most useful applications of Current Liabilities is the current ratio which is defined as current assets divided by its current liabilities. High current ratios mean that current assets are more than sufficient to pay off current liabilities.
Premier Current Liabilities Comparison
Premier Products is currently under evaluation in current liabilities category among its peers.
Premier Products Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Premier Products, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Premier Products will eventually generate negative long term returns. The profitability progress is the general direction of Premier Products' change in net profit over the period of time. It can combine multiple indicators of Premier Products, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
Premier Products Group, Inc. engages in acquiring technology companies, developing SmartRoads and Smart City infrastructures. The company was incorporated in 1979 and is based in Woodland Hills, California. Premier Products operates under Shell Companies classification in the United States and is traded on OTC Exchange.
Premier Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Premier Products. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of Premier Products position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the Premier Products' important profitability drivers and their relationship over time.
Use Premier Products in pair-trading
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Premier Products position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Premier Products will appreciate offsetting losses from the drop in the long position's value.Premier Products Pair Trading
Premier Products Group Pair Trading Analysis
The ability to find closely correlated positions to Premier Products could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Premier Products when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Premier Products - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Premier Products Group to buy it.
The correlation of Premier Products is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Premier Products moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Premier Products moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Premier Products can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Use Investing Themes to Complement your Premier Products position
In addition to having Premier Products in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
Run Single Stock ETFs Thematic Idea Now
Single Stock ETFs
ETF themes focus on helping investors to gain exposure to a broad range of assets, diversify, and lower overall costs. The Single Stock ETFs theme has 99 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Single Stock ETFs Theme or any other thematic opportunities.
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Other Information on Investing in Premier Pink Sheet
To fully project Premier Products' future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Premier Products at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include Premier Products' income statement, its balance sheet, and the statement of cash flows.