Premium Brands Holdings Stock Market Value
| PBH Stock | CAD 90.51 2.27 2.57% |
| Symbol | Premium |
Premium Brands 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Premium Brands' stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Premium Brands.
| 04/21/2025 |
| 07/20/2025 |
If you would invest 0.00 in Premium Brands on April 21, 2025 and sell it all today you would earn a total of 0.00 from holding Premium Brands Holdings or generate 0.0% return on investment in Premium Brands over 90 days. Premium Brands is related to or competes with CCL Industries, North West, Maple Leaf, FirstService Corp, and Stella Jones. Premium Brands Holdings Corporation, through its subsidiaries, manufactures and distributes food products primarily in C... More
Premium Brands Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Premium Brands' stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Premium Brands Holdings upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.4 | |||
| Information Ratio | 0.0636 | |||
| Maximum Drawdown | 14.76 | |||
| Value At Risk | (1.60) | |||
| Potential Upside | 2.31 |
Premium Brands Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Premium Brands' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Premium Brands' standard deviation. In reality, there are many statistical measures that can use Premium Brands historical prices to predict the future Premium Brands' volatility.| Risk Adjusted Performance | 0.1359 | |||
| Jensen Alpha | 0.2536 | |||
| Total Risk Alpha | (0.01) | |||
| Sortino Ratio | 0.0835 | |||
| Treynor Ratio | (5.37) |
Premium Brands Holdings Backtested Returns
Premium Brands appears to be very steady, given 3 months investment horizon. Premium Brands Holdings maintains Sharpe Ratio (i.e., Efficiency) of 0.14, which implies the firm had a 0.14 % return per unit of risk over the last 3 months. We have found thirty technical indicators for Premium Brands Holdings, which you can use to evaluate the volatility of the company. Please evaluate Premium Brands' Risk Adjusted Performance of 0.1359, coefficient of variation of 713.3, and Semi Deviation of 1.19 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Premium Brands holds a performance score of 11. The company holds a Beta of -0.0461, which implies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Premium Brands are expected to decrease at a much lower rate. During the bear market, Premium Brands is likely to outperform the market. Please check Premium Brands' value at risk, kurtosis, and the relationship between the sortino ratio and semi variance , to make a quick decision on whether Premium Brands' historical price patterns will revert.
Auto-correlation | 0.45 |
Average predictability
Premium Brands Holdings has average predictability. Overlapping area represents the amount of predictability between Premium Brands time series from 21st of April 2025 to 5th of June 2025 and 5th of June 2025 to 20th of July 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Premium Brands Holdings price movement. The serial correlation of 0.45 indicates that just about 45.0% of current Premium Brands price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.45 | |
| Spearman Rank Test | 0.35 | |
| Residual Average | 0.0 | |
| Price Variance | 10.3 |
Premium Brands Holdings lagged returns against current returns
Autocorrelation, which is Premium Brands stock's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Premium Brands' stock expected returns. We can calculate the autocorrelation of Premium Brands returns to help us make a trade decision. For example, suppose you find that Premium Brands has exhibited high autocorrelation historically, and you observe that the stock is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
Premium Brands regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Premium Brands stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Premium Brands stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Premium Brands stock over time.
Current vs Lagged Prices |
| Timeline |
Premium Brands Lagged Returns
When evaluating Premium Brands' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Premium Brands stock have on its future price. Premium Brands autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Premium Brands autocorrelation shows the relationship between Premium Brands stock current value and its past values and can show if there is a momentum factor associated with investing in Premium Brands Holdings.
Regressed Prices |
| Timeline |
Pair Trading with Premium Brands
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 Premium Brands 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 Premium Brands will appreciate offsetting losses from the drop in the long position's value.Moving against Premium Stock
The ability to find closely correlated positions to Premium Brands could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Premium Brands 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 Premium Brands - 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 Premium Brands Holdings to buy it.
The correlation of Premium Brands 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 Premium Brands moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Premium Brands Holdings 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 Premium Brands 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.Other Information on Investing in Premium Stock
Premium Brands financial ratios help investors to determine whether Premium Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Premium with respect to the benefits of owning Premium Brands security.