Prime Industries (India) Performance

PRIMIND -- India Stock  

INR 1.14  0.00  0.00%

Macroaxis gives Prime Industries performance score of 0 on a scale of 0 to 100. The organization holds Beta of -0.6762 which implies as returns on market increase, returns on owning Prime Industries are expected to decrease at a much smaller rate. During bear market, Prime Industries is likely to outperform the market.. Even though it is essential to pay attention to Prime Industries current trending patterns, it is always good to be careful when utilizing equity existing price patterns. Macroaxis philosophy towards forecasting future performance of any stock is to check both, its past performance charts as well as the business as a whole, including all available technical indicators. Prime Industries exposes twenty-one different technical indicators which can help you to evaluate its performance. Prime Industries has expected return of -0.25%. Please be advised to check Prime Industries Downside Deviation, Jensen Alpha as well as the relationship between Jensen Alpha and Downside Variance to decide if Prime Industries past performance will be repeated at some point in the near future.
Horizon     30 Days    Login   to change

Prime Industries Relative Risk vs. Return Landscape

If you would invest  120.00  in Prime Industries Ltd on August 20, 2018 and sell it today you would lose (6.00)  from holding Prime Industries Ltd or give up 5.0% of portfolio value over 30 days. Prime Industries Ltd is generating negative expected returns and assumes 1.118% volatility on return distribution over the 30 days horizon. Simply put, 10% of equities are less volatile than Prime Industries Ltd and 99% of equity instruments are likely to generate higher returns than the company over the next 30 trading days.
 Daily Expected Return (%) 
      Risk (%) 
Assuming 30 trading days horizon, Prime Industries Ltd is expected to under-perform the market. In addition to that, the company is 2.87 times more volatile than its market benchmark. It trades about -0.22 of its total potential returns per unit of risk. The DOW is currently generating roughly 0.23 per unit of volatility.

Prime Industries Market Risk Analysis

Sharpe Ratio = -0.2236
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Prime Industries Relative Performance Indicators

Estimated Market Risk
 1.12
  actual daily
 
 90 %
of total potential
  
Expected Return
 -0.25
  actual daily
 
 1 %
of total potential
  
Risk-Adjusted Return
 -0.22
  actual daily
 
 1 %
of total potential
  
Based on monthly moving average Prime Industries is performing at about 0% 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 Industries by adding it to a well-diversified portfolio.

Prime Industries Performance Rating

Prime Industries Ltd Risk Adjusted Performance Analysis

0 

Risk-Adjusted Performance

Over the last 30 days Prime Industries Ltd has generated negative risk-adjusted returns adding no value to investors with long positions.

Prime Industries Alerts

Equity Alerts and Improvement Suggestions

Prime Industries generates negative expected return over the last 30 days
Prime Industries may become a speculative penny stock
Prime Industries has high likelihood to experience some financial distress in the next 2 years
Prime Industries has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial obligations
The company has accumulated 159.99 M in total debt with debt to equity ratio (D/E) of 198.4 indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Prime Industries Ltd has Current Ratio of 0.85 indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due.
This company reported revenue of 6.66 M. Net Loss for the year was (143 K) with profit before overhead, payroll, taxes, and interest of 4.37 M.
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