Primo Brands Stock Technical Analysis

PRMB Stock   28.92  0.69  2.44%   
As of the 25th of November, Primo Brands holds the Coefficient Of Variation of 429.35, semi deviation of 1.21, and Risk Adjusted Performance of 0.185. Compared to fundamental indicators, the technical analysis model allows you to check existing technical drivers of Primo Brands, as well as the relationship between them.

Primo Brands Momentum Analysis

Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Primo, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to Primo
  
Primo Brands' Momentum analyses are specifically helpful, as they help investors time the market using mark points where the market can reverse. The reversal spots are usually identified through divergence between price movement and momentum.

Primo Brands Analyst Consensus

Target PriceAdvice# of Analysts
31.75Strong Buy2Odds
Primo Brands current and past analyst recommendations published by a number of research institutions as well as average analyst consensus.
Most Primo analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand Primo stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Primo Brands, talking to its executives and customers, or listening to Primo conference calls.
Primo Analyst Advice Details
Primo Brands technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
A focus of Primo Brands technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Primo Brands trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Primo Brands Technical Analysis

Indicator
Time Period
Execute Indicator
The output start index for this execution was three with a total number of output elements of fifty-eight. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of Primo Brands volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Primo Brands Trend Analysis

Use this graph to draw trend lines for Primo Brands. You can use it to identify possible trend reversals for Primo Brands as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual Primo Brands price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.

Primo Brands Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Primo Brands applied against its price change over selected period. The best fit line has a slop of   0.1  , which means Primo Brands will continue generating value for investors. It has 122 observation points and a regression sum of squares at 347.08, which is the sum of squared deviations for the predicted Primo Brands price change compared to its average price change.

About Primo Brands Technical Analysis

The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of Primo Brands on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of Primo Brands based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Primo Brands price pattern first instead of the macroeconomic environment surrounding Primo Brands. By analyzing Primo Brands's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of Primo Brands's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to Primo Brands specific price patterns or momentum indicators. Please read more on our technical analysis page.
 2021 2022 2023 2024 (projected)
Dividend Yield0.01380.01820.0085710.00928
Price To Sales Ratio1.791.483.293.45

Primo Brands November 25, 2024 Technical Indicators

Most technical analysis of Primo help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Primo from various momentum indicators to cycle indicators. When you analyze Primo charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.

Complementary Tools for Primo Stock analysis

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