Prime Office (Denmark) Today
| PRIMOF Stock | DKK 181.00 8.00 4.62% |
Performance0 of 100
| Odds Of DistressLess than 46
|
Prime Office is trading at 181.00 as of the 23rd of April 2024, a 4.62 percent up since the beginning of the trading day. The stock's open price was 173.0. Prime Office has 46 percent odds of going through some form of financial distress in the next two years and has generated negative returns to investors over the last 90 days. Equity ratings for Prime Office AS are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 24th of March 2024 and ending today, the 23rd of April 2024. Click here to learn more.
It primarily invests in centrally located office buildings in Germany. Prime Office operates under Real EstateDevelopment classification in Denmark and is traded on Copenhagen Stock Exchange. It employs 11 people. The company has 3.78 M outstanding shares. More on Prime Office AS
Moving against Prime Stock
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| 0.48 | COLO-B | Coloplast AS | PairCorr |
Follow Valuation Odds of Bankruptcy
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Prime Stock Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Prime Office's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Prime Office or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| CEO | Mogens Moeller |
| Thematic Ideas | (View all Themes) |
| Business Concentration | Office Supplies, Furniture, Real Estate, Real Estate Management & Development, Real Estate—Development, Real Estate (View all Sectors) |
Prime Office AS (PRIMOF) is traded on Copenhagen Exchange in Denmark and employs 6 people. The company currently falls under 'Small-Cap' category with a current market capitalization of 974.56 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Prime Office's market, we take the total number of its shares issued and multiply it by Prime Office'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. Prime Office AS operates under Real Estate Management & Development sector and is part of Real Estate industry. The entity has 3.78 M outstanding shares.
Prime Office AS has accumulated about 92.81 M in cash with 82.56 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 24.58.
Check Prime Office Probability Of Bankruptcy
Ownership AllocationThe market capitalization of Prime Office AS is kr974.56 Million. Prime Office holds majority of its outstanding shares owned by insiders. An insider is usually defined as a corporate executive, director, member of the board or institutional investor who own at least 10% of the company's outstanding shares. 62.63 pct. of Prime Office AS outstanding shares that are owned by insiders implies they have been buying or selling the stock in recent months in anticipation of some upcoming event. Note, that even with substantial debt, if the true value of the company is larger than the current market value, you may still be able to generate positive returns on investment in this company at some point.
Check Prime Ownership Details
Prime Stock Price Odds Analysis
What are Prime Office's target price odds to finish over the current price? Depending on a normal probability distribution, the odds of Prime Office jumping above the current price in 90 days from now is about 62.81%. The Prime Office AS probability density function shows the probability of Prime Office stock to fall within a particular range of prices over 90 days. Assuming the 90 days trading horizon Prime Office has a beta of 0.7174 indicating as returns on the market go up, Prime Office average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Prime Office AS will be expected to be much smaller as well. Additionally, prime Office AS has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite.
Based on a normal probability distribution, the odds of Prime Office to move above the current price in 90 days from now is about 62.81 (This Prime Office AS probability density function shows the probability of Prime Stock to fall within a particular range of prices over 90 days) .
Prime Office AS Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. Prime Office market risk premium is the additional return an investor will receive from holding Prime Office 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 Prime Office. 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 Prime Office's alpha and beta are two of the key measurements used to evaluate Prime Office's performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 1.19 | |||
| Standard Deviation | 1.89 | |||
| Variance | 3.56 | |||
| Risk Adjusted Performance | (0.02) |
Prime Stock Against Markets
Picking the right benchmark for Prime Office stock 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 Prime Office stock 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 Prime Office is critical whether you are bullish or bearish towards Prime Office AS at a given time. Please also check how Prime Office's historical prices are related to one of the top price index indicators.
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Prime Office Corporate Executives
Elected by the shareholders, the Prime Office's board of directors comprises two types of representatives: Prime Office inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Prime. The board's role is to monitor Prime Office's management team and ensure that shareholders' interests are well served. Prime Office's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Prime Office's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Henrik Demant | CFO and VP | Profile |
How to buy Prime Stock?
Before investing in Prime Office, 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 Prime Office. To buy Prime Office stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Prime Office. 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 Prime Office stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Prime Office AS 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 Prime Office AS 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 Prime Office AS, 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 Prime Office AS?
The danger of trading Prime Office AS 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 Prime Office 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 Prime Office. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Prime Office AS 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 Prime Office AS. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in persons. You can also try the Volatility Analysis module to get historical volatility and risk analysis based on latest market data.
Complementary Tools for Prime Stock analysis
When running Prime Office's price analysis, check to measure Prime Office'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 Office is operating at the current time. Most of Prime Office's value examination focuses on studying past and present price action to predict the probability of Prime Office'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 Office's price. Additionally, you may evaluate how the addition of Prime Office to your portfolios can decrease your overall portfolio volatility.
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