Premier Investments

Candlestick Daily volume index Bar reversal Edit

Backtest results

Position Trades Duration Win rate Win/loss Avg win Avg loss Return
Long 10 4.5 20% 25% 1.6% -0.8% -3.4%
Short 5 4.2 40% 67% 1.9% -3.2% -5.9%

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Trading Performance

Ulcer Index

Score

-0.05

Position Trades Duration Win Rate Win/Loss Avg Win Avg Loss Return
LONG 8 39.8 0.50% 1.00% 7.2% -4.6% 10.6%
SHORT 9 36.7 0.56% 1.25% 1.7% -4.6% -10.0%

Summary

Technical Analysis

Premier Investments (PMV.AX)


Indicator:

ULCER INDEX


Last Signal:

BULLISH


Trading: BUY @ $16.25
Signal Strength: MEDIUM
Recommendation:

Volatility indicators highlight potential moves of a stock which can either move sharply in the updwards or downwards direction. This indicator allows stocks to be compared on a level playing field to highlight high and low volatility. Normally, falling markets are more likely to be volatile than a rising markets due to the emotion that gets tied to trading. Use volatility indicators in conjunction with other indicators to reduce exposure to false moves.


Premier Investments (ASX:PMV) UIX index implies that the downside risk of the current trading price is high. Currently, the UIX is 6.159.



A technical indicator that measures downside risk in terms of both depth and duration of price declines. The Ulcer Index (UI) increases in value as the price moves farther away from a recent high and falls as the price rises to new highs. The indicator is usually calculated over 14 days with the UI showing the percentage drawdown a trader can expect from the high over that period. The greater the value of the UI the longer it takes for a stock to get back to the former high.

Calculation: Ulcer Index:
1) Percentage Drawdown = [(Close - 14-period High Close)/14-period High Close] x 100;
2) Squared Average = (14-period Sum of Percentage Drawdown Squared)/14;
3) Ulcer Index = Square Root of Squared Average;


PROFILE: Premier Investments (PMV.AX)


Stock Exchange: ASX
Company: Premier Investments
Ticker Codes: | PMV.AX | ASX:PMV |

About Premier Investments (ASX:PMV):

Premier Investments Limited operates various specialty retail fashion chains in Australia, New Zealand, Singapore, the United Kingdom, Ireland, Malaysia, and Hong Kong. The company offers casual wear, women's wear, and non-apparel products. It has a portfolio of retail brands consisting of Just Jeans, Jay Jays, Jacqui E, Portmans, Dotti, Peter Alexander, and Smiggle. The company provides its products through approximately 1,100 stores, as well as through online. In addition, it invests in listed securities and money market deposits. The company is based in Melbourne, Australia.

Top 10:

Ulcer Index

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