Prime Energy (Israel) Today
| PRIM Stock | ILA 313.60 10.60 3.50% |
Performance13 of 100
| Odds Of DistressLess than 28
|
Prime Energy is trading at 313.60 as of the 30th of April 2024, a 3.50 percent up since the beginning of the trading day. The stock's open price was 303.0. Prime Energy has about a 28 % chance of experiencing some form of financial distress in the next two years of operation and had a somewhat good performance during the last 90 days. Equity ratings for Prime Energy PE are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 31st of March 2024 and ending today, the 30th of April 2024. Click here to learn more.
Ltd engages in the renewable energy business in Israel and internationally. The company was founded in 2013 and is based in Tel Aviv, Israel. PRIME ENERGY operates under UtilitiesRenewable classification in Israel and is traded on Tel Aviv Stock Exchange. It employs 8 people. The company has 29.52 M outstanding shares. More on Prime Energy PE
Moving together with Prime Stock
| 0.73 | ELAL | El Al Israel | PairCorr |
Moving against Prime Stock
| 0.88 | ITYF | Itay Financial AA | PairCorr |
| 0.81 | PLTF | Value Capital One | PairCorr |
| 0.62 | MSKE | Meshek Energy Renewable | PairCorr |
| 0.47 | LBTL | Libental | 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 Energy's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Prime Energy or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Business Concentration | Utilities—Renewable, Utilities (View all Sectors) |
Prime Energy PE (PRIM) is traded on Tel Aviv Stock Exchange in Israel and employs 23 people. The company currently falls under 'Micro-Cap' category with a current market capitalization of 83.23 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Prime Energy's market, we take the total number of its shares issued and multiply it by Prime Energy'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 Energy PE operates under Utilities sector and is part of Utilities—Renewable industry. The entity has 29.52 M outstanding shares.
Prime Energy PE has accumulated about 4.35 M in cash with 539 K of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.15.
Check Prime Energy Probability Of Bankruptcy
Ownership AllocationPrime Energy owns a total of 29.52 Million outstanding shares. Prime Energy 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. 77.41 pct. of Prime Energy PE 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. Please note that no matter how many assets the company maintains, if the real value of the company is less than the current market value, you may not be able to make money on it.
Check Prime Ownership Details
Prime Stock Price Odds Analysis
What are Prime Energy's target price odds to finish over the current price? Depending on a normal probability distribution, the odds of Prime Energy jumping above the current price in 90 days from now is about 10.53%. The Prime Energy PE probability density function shows the probability of Prime Energy stock to fall within a particular range of prices over 90 days. Assuming the 90 days trading horizon the stock has a beta coefficient of 1.1795 indicating as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Prime Energy will likely underperform. Moreover, prime Energy PE has an alpha of 1.1187, implying that it can generate a 1.12 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
Based on a normal probability distribution, the odds of Prime Energy to move above the current price in 90 days from now is about 10.53 (This Prime Energy PE probability density function shows the probability of Prime Stock to fall within a particular range of prices over 90 days) .
Prime Energy PE Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. Prime Energy market risk premium is the additional return an investor will receive from holding Prime Energy 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 Energy. 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 Energy's alpha and beta are two of the key measurements used to evaluate Prime Energy's performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 3.17 | |||
| Semi Deviation | 2.42 | |||
| Standard Deviation | 4.65 | |||
| Variance | 21.58 |
Prime Stock Against Markets
Picking the right benchmark for Prime Energy 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 Energy 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 Energy is critical whether you are bullish or bearish towards Prime Energy PE at a given time. Please also check how Prime Energy'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 Prime Energy 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.Did you try this?
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| All Next | Launch Module |
Prime Energy Corporate Management
Elected by the shareholders, the Prime Energy's board of directors comprises two types of representatives: Prime Energy 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 Energy's management team and ensure that shareholders' interests are well served. Prime Energy'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 Energy's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Haim Tetrro | Chief Officer | Profile | |
| Itzik Cohen | Chief Officer | Profile | |
| Racheli Kikuz | CEO Ltd | Profile | |
| Argov BenZion | VP Marketing | Profile | |
| Yaron Kikoz | Chairman CEO | Profile |
How to buy Prime Stock?
Before investing in Prime Energy, 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 Energy. To buy Prime Energy stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Prime Energy. 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 Energy stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Prime Energy PE 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 Energy PE 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 Energy PE, 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 Energy PE?
The danger of trading Prime Energy PE 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 Energy 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 Energy. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Prime Energy PE 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 Energy PE. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors. You can also try the Pattern Recognition module to use different Pattern Recognition models to time the market across multiple global exchanges.
Complementary Tools for Prime Stock analysis
When running Prime Energy's price analysis, check to measure Prime Energy'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 Energy is operating at the current time. Most of Prime Energy's value examination focuses on studying past and present price action to predict the probability of Prime Energy'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 Energy's price. Additionally, you may evaluate how the addition of Prime Energy to your portfolios can decrease your overall portfolio volatility.
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