Precious Shipping Public Stock Today

PSGFF Stock  USD 0.24  0.00  0.00%   

Performance

2 of 100

 
Weak
 
Strong
Weak

Odds Of Distress

Less than 9

 
High
 
Low
Low
Precious Shipping is trading at 0.24 as of the 25th of April 2024. This is a No Change since the beginning of the trading day. The stock's lowest day price was 0.24. Precious Shipping has less than a 9 % chance of experiencing financial distress in the next few years but had a somewhat weak performance during the last 90 days. Equity ratings for Precious Shipping Public are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 26th of March 2024 and ending today, the 25th of April 2024. Click here to learn more.
Precious Shipping Public Company Limited owns and operates dry bulk ships on a tramp-shipping basis worldwide. Precious Shipping Public Company Limited was founded in 1989 and is headquartered in Bangkok, Thailand. Precious Shipping operates under Marine Shipping classification in the United States and is traded on OTC Exchange.. The company has 0 outstanding shares. More on Precious Shipping Public

Moving against Precious Pink Sheet

  0.41AMKBF AP MøllerPairCorr
  0.41AMKAF AP MoellerPairCorr
Follow Valuation Odds of Bankruptcy
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Precious Pink Sheet Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Precious Shipping's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Precious Shipping or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
ChairmanThira Wipuchanin
Business ConcentrationMarine Shipping, Industrials (View all Sectors)
Precious Shipping Public [PSGFF] is a Pink Sheet which is traded between brokers as part of OTC trading. The company currently falls under 'Small-Cap' category with a current market capitalization of 706.46 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Precious Shipping's market, we take the total number of its shares issued and multiply it by Precious Shipping's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Precious Shipping Public classifies itself under Industrials sector and is part of Marine Shipping industry. The entity has 0 outstanding shares. Precious Shipping Public has accumulated about 1.92 B in cash with 6.6 B of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.23, which can makes it an attractive takeover target, given it will continue generating positive cash flow.
Check Precious Shipping Probability Of Bankruptcy
Ownership Allocation
The market capitalization of Precious Shipping Public is currently $706.46 Million. Roughly 94.0 pct. of Precious Shipping outstanding shares are held by general public with 6.08 (%) by third-party entities. Please note that no matter how profitable the entity is or how many assets it hold, if the real value is less than what market suggests, you will most likely generate negative returns and should consider selling it at some point.
Check Precious Ownership Details

Precious Stock Price Odds Analysis

In reference to a normal probability distribution, the odds of Precious Shipping jumping above the current price in 90 days from now is about 50.0%. The Precious Shipping Public probability density function shows the probability of Precious Shipping pink sheet to fall within a particular range of prices over 90 days. Assuming the 90 days horizon Precious Shipping has a beta of 0.3908 indicating as returns on the market go up, Precious Shipping average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Precious Shipping Public will be expected to be much smaller as well. Additionally, precious Shipping Public has an alpha of 0.1796, implying that it can generate a 0.18 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
  Odds Below 0.24HorizonTargetOdds Above 0.24
49.87%90 days
 0.24 
50.00%
Based on a normal probability distribution, the odds of Precious Shipping to move above the current price in 90 days from now is about 50.0 (This Precious Shipping Public probability density function shows the probability of Precious Pink Sheet to fall within a particular range of prices over 90 days) .

Precious Shipping Public Risk Profiles

Investors will always prefer to have the highest possible return on investment while minimizing volatility. Precious Shipping market risk premium is the additional return an investor will receive from holding Precious Shipping long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Precious Shipping. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although Precious Shipping's alpha and beta are two of the key measurements used to evaluate Precious Shipping's performance over the market, the standard measures of volatility play an important role as well.

Precious Stock Against Markets

Picking the right benchmark for Precious Shipping pink sheet is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Precious Shipping pink sheet price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Precious Shipping is critical whether you are bullish or bearish towards Precious Shipping Public at a given time. Please also check how Precious Shipping's historical prices are related to one of the top price index indicators.

Be your own money manager

Our tools can tell you how much better you can do entering a position in Precious Shipping without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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Precious Shipping Corporate Directors

Precious Shipping corporate directors refer to members of a Precious Shipping board of directors. The board of directors generally takes responsibility for the Precious Shipping's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of Precious Shipping's board members must vote for the resolution. The Precious Shipping board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.
Nishita ShahDirectorProfile
Yen LynIndependent DirectorProfile
Pawida PananonIndependent DirectorProfile
Chaiphat SriwisanwachaIndependent DirectorProfile

How to buy Precious Pink Sheet?

Before investing in Precious Shipping, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Precious Shipping. To buy Precious Shipping stock, you can follow these steps:
  • Choose a brokerage firm: You need to select a brokerage firm to buy shares of Precious Shipping. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
  • Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
  • Fund your account: You will need to deposit funds into your brokerage account to purchase Precious Shipping stock. You can do this by transferring funds from your bank account or other investment accounts.
  • Place your order: Once you have located Precious Shipping Public stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
  • Monitor your investment: After you have purchased Precious Shipping Public stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as Precious Shipping Public, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments.

Already Invested in Precious Shipping Public?

The danger of trading Precious Shipping Public is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Precious Shipping is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Precious Shipping. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Precious Shipping Public is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Precious Shipping Public. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in census.
Note that the Precious Shipping Public information on this page should be used as a complementary analysis to other Precious Shipping's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Portfolio Comparator module to compare the composition, asset allocations and performance of any two portfolios in your account.

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When running Precious Shipping's price analysis, check to measure Precious Shipping'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 Precious Shipping is operating at the current time. Most of Precious Shipping's value examination focuses on studying past and present price action to predict the probability of Precious Shipping's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Precious Shipping's price. Additionally, you may evaluate how the addition of Precious Shipping to your portfolios can decrease your overall portfolio volatility.
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Please note, there is a significant difference between Precious Shipping's value and its price as these two are different measures arrived at by different means. Investors typically determine if Precious Shipping is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Precious Shipping's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.