Prime Meridian Resources Stock Market Value
| PMDRF Stock | USD 0.13 0.01 8.33% |
| Symbol | Prime |
Prime Meridian '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 Prime Meridian's pink sheet 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 Prime Meridian.
| 05/27/2025 |
| 08/25/2025 |
If you would invest 0.00 in Prime Meridian on May 27, 2025 and sell it all today you would earn a total of 0.00 from holding Prime Meridian Resources or generate 0.0% return on investment in Prime Meridian over 90 days. Prime Meridian is related to or competes with 1911 Gold, SCOR PK, High-yield Municipal, Morningstar Unconstrained, SPACE, Via Renewables, and T Rowe. Prime Meridian Resources Corp. engages in the development, evaluation, and exploration of mineral resource properties More
Prime Meridian 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 Prime Meridian's pink sheet 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 Prime Meridian Resources upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | 0.1181 | |||
| Maximum Drawdown | 157.69 |
Prime Meridian Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Prime Meridian's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Prime Meridian's standard deviation. In reality, there are many statistical measures that can use Prime Meridian historical prices to predict the future Prime Meridian's volatility.| Risk Adjusted Performance | 0.1009 | |||
| Jensen Alpha | 2.14 | |||
| Total Risk Alpha | (0.08) | |||
| Treynor Ratio | 1.39 |
Prime Meridian Resources Backtested Returns
Prime Meridian is out of control given 3 months investment horizon. Prime Meridian Resources maintains Sharpe Ratio (i.e., Efficiency) of 0.13, which implies the firm had a 0.13 % return per unit of risk over the last 3 months. We were able to interpolate data for twenty different technical indicators, which can help you to evaluate if expected returns of 2.42% are justified by taking the suggested risk. Use Prime Meridian Risk Adjusted Performance of 0.1009, coefficient of variation of 808.29, and Variance of 348.68 to evaluate company specific risk that cannot be diversified away. Prime Meridian holds a performance score of 9 on a scale of zero to a hundred. The company holds a Beta of 1.66, which implies a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Prime Meridian will likely underperform. Use Prime Meridian total risk alpha, as well as the relationship between the rate of daily change and period momentum indicator , to analyze future returns on Prime Meridian.
Auto-correlation | -0.62 |
Very good reverse predictability
Prime Meridian Resources has very good reverse predictability. Overlapping area represents the amount of predictability between Prime Meridian time series from 27th of May 2025 to 11th of July 2025 and 11th of July 2025 to 25th of August 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 Prime Meridian Resources price movement. The serial correlation of -0.62 indicates that roughly 62.0% of current Prime Meridian price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.62 | |
| Spearman Rank Test | 0.19 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Prime Meridian Resources lagged returns against current returns
Autocorrelation, which is Prime Meridian pink sheet'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 Prime Meridian's pink sheet expected returns. We can calculate the autocorrelation of Prime Meridian returns to help us make a trade decision. For example, suppose you find that Prime Meridian has exhibited high autocorrelation historically, and you observe that the pink sheet 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 |
Prime Meridian 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 Prime Meridian pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Prime Meridian pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Prime Meridian pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Prime Meridian Lagged Returns
When evaluating Prime Meridian's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Prime Meridian pink sheet have on its future price. Prime Meridian 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, Prime Meridian autocorrelation shows the relationship between Prime Meridian pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Prime Meridian Resources.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Prime Pink Sheet
Prime Meridian financial ratios help investors to determine whether Prime Pink Sheet 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 Prime with respect to the benefits of owning Prime Meridian security.